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HomeMy WebLinkAboutSubmittal-Copy of File Number 07-00565City of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-00565 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT NO. 1, IN SUBSTANTIALLY THE ATTACHED FORM, TO THE SETTLEMENT AGREEMENT, DATED AS OF JANUARY 27, 2005, AND APPROVED BY RESOLUTION NO. 05-0076, ADOPTED JANUARY 27, 2005, IN THE CASES OF CITY OF MIAMI V. SAWYER'S WALK, LTD., CASE NO. 00-28860 CA 9, AND SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY V. POINCIANA VILLAGE OF MIAMI, LTD., CASE NO. 02-06846 CA 9. WHEREAS, Pursuant to City of Miami Resolution R-05-0076, adopted January 27, 2005, The City of Miami entered into a Settlement Agreement, dated as of January 27, 2005, (the "Settlement Agreement"), in City of Miami v. Sawyer's Walk, Ltd., Case No. 00-28860 CA 9 (the "Sawyer's Walk Litigation") and Southeast Overtown/Park West Community Redevelopment Agency v. Poinciana Village of Miami, Ltd., Case No. 02-06846 CA 9 (the "Poinciana Litigation"); and WHEREAS, the Settlement Agreement provides for settlement of both cases and execution of a Restated Poinciana Lease, subject to the satisfaction of certain conditions, all as more particularly defined and described in the Settlement Agreement; and WHEREAS, the parties desire to modify and amend certain terms and provisions of the Settlement Agreement as provided in Amendment No. 1, attached and incorporated; and WHEREAS, the City Commission wishes to approve and authorize execution of Amendment No. 1 to the Settlement Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is authorized{1} to execute Amendment No. 1, in substantially the attached form, to the Settlement Agreement, dated as of January 27, 2005, and approved by Resolution No. 05-0076, adopted January 27, 2005, in the cases of CITY of Miami v. Sawyer's Walk, Ltd., case no. 00-28860 CA 9, and Southeast Overtown/Park West Community Redevelopment Agency v. Poinciana Village of Miami, Ltd., case no. 02-06846 CA 9. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} City of Miami SUBMITTED INTO THE PUBLIC RECORD FOR ITrPii7 ONia-is-off: "''"" % 004,i4-1rilL 1- Sub ); fia i- , 0K:4, o.: fl le f umi- 4F oo . File Number. 07-00565 APPROVED AS TO FORM AND CORRECTNESS; JOR E L. FERNANDE CITY ATTORNEY —1 / Footnotes: (1) The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. SUBTTE INTO THE PUBUC RECORD FOR ITEM?z7 ¢_ (Z1?-07 City of Miami Page 2 of 2 Printed On: 5/1/2007 CITY OF MIAMI OFFICE OF THE CITY ATTORNEY MEMORANDUM pa-oc6)65 TO: FROM: DATE: REi The Honorable Mayor and Members ofthe City Commission Jorge L. Fernandez, City Attorne April 27, 2007 Proposed Resolution -May 10, 2007, City Commission Meeting Authorizing the City Manager to execute Amendment No.1 to the Settlement Agreement in the cases of City of Miami v. Sawyer's Walk. Ltd., Case No. 00-28860 CA 9 (the "Sawyer's Walk Litigation") and Southeast Overtown/Park West Community Redevelopment Agency v. Poinciana Village of Miami, Ltd., Case No. 02-06846 CA 9 (the "Poinciana Litigation") (File No. 07-00565) Pursuant to City of Miami Resolution R-05-0076, adopted January 27, 2005, The City of Miami entered into a Settlement Agreement, dated as of January 27, 2005, (the "Settlement Agreement"), in the cases of the ay of Miami v. Sawyer's Walk, Ltd., Case No. 00-28860 CA 9 (the "Sawyer's Walk Litigation") and the Southeast Overtown/Park West Community RedevelopmenLAgency v. Poinciana Village of Miami. Ltd., Case No. 02- 06846 CA 9 (the "Poinciana Litigation"). The Settlement Agreement provide for settlement of the lawsuits and execution of a Restated Poinciana Lease, subject to the satisfaction of certain conditions, all as more particularly defined and described in the Settlement Agreement. The attached Resolution seeks authorization for the City Manager to execute Amendment No. 1 to the Settlement Agreement. The Amendment provides for the extension of certain deadlines in recognition of challenges to the settlement, the issuance of a Major Use Special Permit, and the performance of a new environmental study. Additionally, changed market conditions have caused the developer to refine the detailed development plans, to allow for the construction of smaller, more affordable units, and allow for the delivery of more units in the first phase of development. Attachment JLF/KRJ c: Pedro G. Hernandez, City Manager Elvi Gallastegui Alonso, Agenda Coordinator 75825 BMITTE ti,„3Lic F M r. `e, ' r, ` 1E— g IY� FOR IZ-13- �7 . SUBMITTED INTO THE PUBLIC RECORD FOR ITEMV2i1 ONI2-,o1. p 1,260 6 E 1,500 2 F 1,233.00 8 TOTAL 26 6% 7,560.00 3,000.00 9,864.00 29,077.00 1 BED UNIT A 650 52 33,800.D0 B 700 4 2,300.00 G 733 4 2,932.00 1 BED + A 755.00 215 B 785.00 4 TOTAL 279 162,325.00 3,140.00 71% 204,997.00 76% 2 BED UNIT 42,000.00 A 875.00 48 B 962.00 2 1,924.00 C 996.00 2 1,992.00 p 1,191.00 22 26,202.00 2BED+ A TOTAL RESIDENTIAL TOTAL AREAS EA. BUILDING 1,000.00 16 16,000.00 90 23% 88,116.00 24% 394 100% 322,192.00 100% 26 6 2 0 2 0 30 9 60 15 19 5 6.00 2.00 6.00 26.00 52.00 4.00 4.00 215.00 4.00 279.00 57.60 240 240 26.40 19.20 19 6 108.00 79 20 412.00 CROSSWINDS COMMUNITIES Sawyers Walk, Mlaml FI. AREAS INFORMATION 2128107 BUILDING 1 TYPE SF. UNIT No.UNITS % SELLABLE % OF TOTAL AFFORDABLE DONATED REQ. PROV. AREA 1 TYPE UNITS UNITS UNITS PARKING PARKING (LESS WIL) COMMERCIAL 18,000.00 18,000.00 60.00 TOTAL AREAS EA. BLDG. 340,192.00 472.00 482.00 • one of these units will be converted to a 3 bedroom unit SUBMITTED INTO THE ''U3LIC RECORD FC. .,�,•,Pz ONla- ia-o, CROSSWINDS COMMUNITIES Sawyers Walk, Miami FI. AREAS INFORMATION 02/28/07 TYPE SUMMARY COMMERCIAL BUILDING 2 SF. UNIT No.UNITS % SELLABLE % TOTAL AFFORDABLE DONATED REQ. PROV. AREA/TYPE UNITS UNITS UNITS PARKING PARKING (LESS W/L) No. 1 6,618.00 1 6,618.00 No. 2 6,618.00 1 6,818.00 No. 3 1,4 00.00 1 1,400.00 No. 4 3,100.00 1 3,100.00 No. 5 7,335.00 1 7,335.00 TOTAL 26,071.00 FLATS A 770.00 12 9,240.00 TOTAL 12 4% 9,240.00 4% WORK LIVE/FLAT A 1,420.00 4 5,680.00 B 1,285.00 4 5,140.00 C 1,218.00 2 2,436.00 D 1,420.00 2 2,840.00 E 1,285.00 2 2,570.00 F 1,218.00 1 1,218.00 G 1,420.00 2 2,840.00 H 1,063.00 2 3,328.00 1,218.00 1 1,218.00 TOTAL 20 7% 27,268.00 1 BED UNIT A 820.00 4 3,280.00 1 BED + A 920.00 18 16,560.00 B 920.00 1 920.00 TOTAL 23 8% 20,760.00 8% 2 BED UNIT A 1,050.00 44 46,200.00 B 890.00 84 74,780.00 C 1,245.00 13 16,185.00 D 1,145.00 13 14,885.00 E 940.00 28 28,320.00 F 1,100.00 14 15,400.00 2 0 83.67 12.00 12.00 4.00 4.00 2.00 2.00 2.00 1.00 2.00 2.00 1.00 20.00 2 1 4.00 3 0 18.00 1.00 6 1 23.00 52.80 42 13 100.80 15.60 15.60 11 1 SCIBMITTED INTO THE PUBLIC RECORD FO! IT!,AziON I2 (? 07 CROSSWINDS COMMUNITIES Sawyere Walk, MIamI FL AREAS INFORMATION 02128107 2 BED + TYPE G H A B TOTAL RESIDENTIAL TOTAL AREAS EA. BUILDING BUILDING 2 SF. UNIT No.UNITS % SELLABLE % OF TOTAL AFFORDABLE DONATED REQ. PROV. AREA/TYPE UNITS UNITS UNITS PARKING PARKING (LESS W/L) 1115.0 12 13,380.00 1070.0 4 4,280.00 1010.0 4 4,040.00 1,115.00 18 20,070.00 1,085.00 14 15,190.00 248 81% 260,710.00 88% COMMERCIAL 25,071.00 TOTAL AREAS EA. BLDG. • one o1 these units will be converted to a 3 bedroom unit 303 100% 307,978.00 100% 25,071.00 333,121.00 14.40 4.80 4.60 21.60 18.80 53 14' 297.60 60 15 352.60 83.57 436.17 468.00 SUBMITTED INTO THE PUBLIC RECORD FOR ITEMrzi ON ie-, o, CROSSWINDS COMMUNITIES Sawyer's Walk Mlaml Fl. AREAS INFORMATION 02/28/07 BUILDING 3 TYPE SF. UNIT No.UNITS % SELLABLE % OF TOTAL AFFORDABLE DONATED REQ. PROV. AREA/TYPE UNITS UNITS UNITS PARKING PARKING (LESS W/L) SUMMARY COMMERCIAL No. 1 11,554.00 1.00 11,554.00 No. 2 8,804.00 1.00 8,804.00 No. 3 4,500.00 1.00 4,500.00 TOTAL 3.00 24,858.00 WORL/LIVE Al 1,950.00 6.00 11,700.00 B1 1,812.00 4.00 7,248.00 A 1,608.00 8.00 12,864.00 B 2,952.00 4.00 11,808.00 C 1,561.00 2.00 3,122.00 TOTAL 24.00 8% 46,742.00 1 BED UNIT B 785.00 2.00 1,570.00 1 BED + C 890.00 6.00 5,340.00 TOTAL 8.00 3% 6,910.00 3 2 BED UNIT E 940.00 93.00 87,420.00 870.00 20.00 17,400.00 K 1,184.00 2.00 2,368.00 L 1,075.00 18.00 19,350.00 M 940.00 25.00 23,5110.00 N 1,080.00 25.00 27,000.00 O 1,220.00 48.00 58,560.00 P 1,305.00 25.00 32,625.00 2 BED + C 1,100.00 3.00 3,300.00 D 1,160.00 7.00 8,120.00 E 1,160.00 2.00 2,320.00 TOTAL 268.00 89% 281,963.00 97% 2 0 2 0 48 5 10 10 58 15 82.86 6.00 4.00 8.00 4.00 2.00 24.00 2.00 6.00 8.00 111.60 24.00 2.40 21.60 30.00 30.00 57.60 30.00 3.60 8.40 2.40 321.80 SUBMITTED INTO THE PUBLIC RECORD FOR ITEMvzi ON ti-io1 CROSSWINDS COMMUNITIES Sawyers Walk, Miami FI. AREAS INFORMATION 02/28/07 BUILDING 3 TYPE SF. UNIT Na.UNITS % SELLABLE % OF TOTAL AFFORDABLE DONATED REC. PROV. AREA/TYPE UNITS UNITS UNITS PARKING PARKING (LESS W/L) RESIDENTIAL TOTAL AREAS EA. BUILDING 300.00 100% 335,615.00 100% 60 15 COMMERCIAL 24,858.00 1.00 24,858.00 82.86 TOTAL AREAS EA. BLDG. • one of these units will be converted to a 3 bedroom unit 360,473.00 404.46 467.00 SUBMITTED INTO THE PUBLIC RECORD FOR ITEMvzn_ONz-v'-oi. CROSSWINDS COMMUNITIES BUILDING 4 Sawyers Walk, Miami FI. AREAS INFORMATION 02/26/07 TYPE SF. UNIT No.UNITS SELLABLE AFFORABLE DONATED REQ. PROV. AREA / TYPE UNITS UNITS PARKING PARKING SUMMARY RETML No. 1 .00 .00 WORKILNE A .00 .00 B 00 .00 C 00 .00 D .00 .00 TOTAL. 0% .00 .00 .00 .00 FLATS A .00 .00 B .00 .00 TOTAL. 0% A0 .00 .00 .00 1 BED UNIT A .00 .00 B .00 .00 1 BED + A .00 .00 TOTAL. 0% .00 .00 .00 .00 2 BED UNIT A .00 .00 2 BED + TBD 10.00 1.00 A 53 .00 63.60 TOTAL TBD 63 0% .00 10.00 1.00 63.60 RESIDENTIAL TOTAL AREAS EA. BUILDING 53 .00 10.00 1.00 64 RETAIL ROOF TBD TOTAL AREAS EA. BLDG. .00 TBD .00 63.60 SUBMITTED INTO THE PUBLIC RECORD FOR ITEM'zi7 ON fz/-O7. SAWYER'S WALK ALLOCATION OF AFFORDABLE UNITS & DONATION OF UNITS TO CITY Block 45 - BLDG. 1 Number sq. Ft. % Total % Affordable (1) No. Affordable (2) Donation City (3) commercial 18,000 LW -Flat 25 6 0 0 0 I Bedroom 279 71 76 60 15 2 Bedroom 90 23 24 18 4 3 Bedroom 1 I Total Units 394 79 20 TU less L/W 369 Block 56 - BLDG. 2 Commercial L/W Flats 1 Bedroom 2 Bedroom 3 Bedroom Total Units TU less L/W Number sq. Ft. % Total % Affordable (1) No. Affordable (2) Donation City (3) 25,071 20 7 0 0 0 12 4 4 2 0 35 8 8 5 0 236 81 88 53 13 303 61 14 283 Block 55 - BLDG. 3 Commercial L/W Flats 1 Bedroom 2 Bedroom 3 Bedroom Total Units TU Iess L/W Number sq. Ft. % Total % Affordable (1) No. Affordable (2) Donation City (3) 24,858 24 8 O O 0 0 0 0 O O 8 3 3 2 0 268 89 97 57 14 I 300 60 I 276 SUBMITTED INTO THE PUBLIC RECORD FOR ITEMzri_ON Block 46 — BLDG. 4 2 Bedroom Total Units TU less UW Number sq. FL % Total % Affordable (1) 53 100 53 53 No. Affordable (2) Donation City (3) 100 10 10 Total Project Number sq. Ft. % Total % Affordable (1) Commercial 67,929 UW Plats I Bedroom 2 Bedroom 3 Bedroom Total Units TU less l/W No. Affordable (2) Donation City (3) 69 7 0 0 0 12 I 3 2 0 322 31 7 67 15 644 6l 90 138 32 3 3 3 1,050 210 50 981 (1)Affordable - % of units less L/W (2) No . Affordable = 20% of Total Units SUBMITTED INTO THE UBLIC RECORD FOR JEM 1'Z j ON z •oi .