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HomeMy WebLinkAboutConstruction of PhaseRERG Development, LLC 1717 North Bayshore Drive, Suite 124 Miami, Florida 33132 305-358-5040 (Main) / 305-358-7266 (Fax) Construction of Phase 11- The construction on the second phase which is comprised of the twelve town.homes should begin in June of 2008 and be completed by February 2009. Phase II is taking longer because the property sits between two apartment buildings and across from a church and another apartment building, and it does not seem practical to put single family hoines on this site. We must get new architecture designs and a new land plat for the site which will take a longer time and then go through the process of • getting the plans approved by City of Miami Building Department. In addition, the issue regarding the waiver of the impact fees for the affordable houses to be built by RF.RG Development needs to be resolved. RERG Development has received approved plans from the Building Department to construct four affordable single family homes that should qualify for the deferral of impact fees. In order to receive the deferral of impact fees; the Building Department needs an approved document from the Community Development Dept. indicating that these four single family homes qualify as affordable homes. In accordance with previous instructions •from Community Development, RERG Development requested that the income level requirements for buyers for its projects be revised to 120%, as compared to the MUD limitation of 80%. At the Liberty City Trust meeting, representatives from Community Development. indicated that they needed to complete the research to determine that the properties deeded to RERG Development were purchased by City of Miami reimbursement funds, and therefore qualify. Gcorge Mensah had indicated that he needed to complete that research to finalize this issue. The expeditious resolution of these issues will allow us to provide these greatly needed affordable houses as soon as possible to our communities. If you have any additional questions, 1 can be contacted via email at dwilsoer.11realestatcri/.com or via phone al (305) 358-5040. Sincerely, David L. Wilson Managing Member