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HomeMy WebLinkAboutSummary FormPH.11 AGENDA ITEM SUMMARY FORM FILE ID: t U I Date: 8/28/2007 Requesting Department: Community Development Commission Meeting Date: Q/11/2007 District Impacted: Type: Ej Resolution ❑ Ordinance El Emergency Ordinance ❑ Discussion Item ❑ Other _ ..... Subject: Extendjpq the time for ABOA to corrimonco arid complete construction of (4) properties Purpose of item: GRANTING TO ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY, INC. ("ABDA") AN EXTENSION OF TIME, UNTIL MARCH 30, 2008 TO COMMENCE CONSTRUCTION ON THE PROPERTIES LOCATED AT 790 NW 29m TERRACE, 3255 NW 11`" COURT, 3245 NW 11°i COURTAND 1264 NW 315` STREET, MIAMI, FLORIDA, LEGALLY DESCRIBED ON EXHIBIT "A" ATTACHED AND INCORPORATED (COLLEC I IVELY, THE "PRQPLRTIES"; INDIVIDUALLY, A "PROPERTY"), AND AN EXTENSION UNTIL DECEMBER 31, 2008 TO COMPLETE CONSTRUCTION OF A TWIN HOME ON EACH SUCH PROPERTY; AUTHORIZING THE CONSTRUCTION OF A TWIN HOME, RATHER THAN A SINGLE FAMILY HOME, ON THE PROPERTY LOCATED AT 790 NW 29th TFRRACE, MIAMI, FLORIDA; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR SAID PURPOSES. Background Information: PLEASE SEE ATTACHED Budget Impact Analysis Is this item related to revenue? Is this item an expenditure? If so, please identify funding source below. General Account No; Special Revenue Account No: Cil' Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Dept. Director, Chief Final Approvals �, rSSIAND_l7ATE� Page 1011 3390NiW J•.LIJ:waJd 00:0T L002-62-E)rl0 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 03-215, adopted February 27, 2003, the City Commission approved the conveyance of two City -owned vacant parcels located at 2374 N.W. 33rd Street, and 790 N.W. 29th Terrace, Miami, to Allapattah Business Development Authority, Inc. ("ABDA"), a Florida not -for -profit corporation, for the development of two new single family homes for low and moderate -income families and individuals. Pursuant to Resolution No. 04-0289, adopted May 6, 2004, the City Commission designated certain City -owned Properties located at 3255 N.W. 11th Court, 3245 N.W. 11th Court, and 1264 N.W. 31st Street, Miami, as surplus and authorized ABDA to develop three (3) twin homes for affordable to very low, low and/or moderate -income families and/or individuals. ABDA has completed one single family house located at 2374 N.W. 33rd Street, Miami. The lot located at 790 N.W. 29th Terrace, Miami has sufficient square footage to construct a twin home. Due to previous delays in obtaining building permits from the City and procuring a contractor, ABDA is requesting extensions of time to commence and complete construction on the Properties listed on Exhibit "A" attached and incorporated. ABDA has obtained the required permits and is in the process of selecting a contractor. The Administration recommends granting ABDA an extension of time until March 30, 2008 to commence construction on the Properties specified on Exhibit "A", and until December 31, 2008 to complete construction of a twin home on each such Property. The Administration also recommends authorizing the construction of a twin home, rather than a single family home, on the Property located at 790 NW 29th Terrace, Miami, Florida.