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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: (Si , 0 )9 Date: 10/17/2007 Commission Meeting Date: 12/13/2007 Requesting Department: Community Development District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance Other II Discussion Item Subject: EXTENDING CONSTRUCTION COMMENCEMENT DATE — RHHED Purpose of Item: A RESOLUTION OF THE NIIAMI CITY COMMISSION, WITH ATTACHMENT(S), (1) GRANTING TO RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT, CORP. ("RHHED"), AN EXTENSION OF TIME, UNTIL APRIL 30, 2008, TO COMMENCE CONSTRUCTION ON THE PROPERTIES LOCATED AT 98 N.W. 27TH, STREET, AND 3511 N.W. 1ST AVENUE, MIAMI, FLORIDA, (THE "PROPERTIES") LEGALLY DESCRIBED IN EXHIBIT "A", ATTACHED AND INCORPORATED; (2) AN EXTENSION OF TIME, UNTIL DECEMBER 31, 2008, TO COMPLETE CONSTRUCTION ON SAID PROPERTIES, AND (3) TRANSFERRING THE PROPERTY LOCATED AT 3431 N.W. 6th AVENUE, MIAMI, FLORIDA, LEGALLY DESCRIBED IN EXHIBIT "B," ATTACHED AND INCORPORATED, PREVIOUSLY CONVEYED TO RHHED, REVERTING SAID PROPERTY BACK TO THE CITY OF MIAMI ("CITY"); STATING THE INTENTION OF THE CITY COMMISSION RELATED TO THE CONVEYANCE OF TITLE TO THE PROPERTIES; AUTHORIZING THE CITY MANAGER TO EXECUTE MODIFICATIONS TO THE DEED(S) THAT CONVEYED THE PROPERTIES FROM THE CITY OF MIAMI TO RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT, CORP., AND ALL NECESSARY OTHER DOCUMENTS, FOR SAID PURPOSE. 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: CIP Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Dept. Direc Chief Final Approvals S !N AND DATE) City Manager AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 05-0522, adopted September 8, 2005, the City Commission approved the conveyance of three City owned vacant parcels located at 3511 N.W. 1st Avenue, 98 N.W. 27th Street, and 3431 N.W. 6th Avenue, Miami, Florida, to RHHED, for the development of affordable housing for eligible low and moderate income persons. On April 20, 2006 the City Manger executed the Quit Claim Deeds transferring said properties to RHHED. The Quit Claim Deeds required construction to start on the properties by April 20, 2007. RHHED has informed the City, that in June 2006 RHHED submitted the plans for the properties to Building and Zoning and said plans, after delays due to requests for various covenants, have been approved as of September 21, 2007. RHHED gave notice to the City, in a letter dated March 3, 2007, that it was returning the property located at 3431 N.W. 6th Avenue back to the City, due to its inability to develop said property because the lot is not connected to water and sewer lines. In October 2007 the final permits were issued and said agency can commence with the construction on the properties. The City Administration recommends (1) granting to RHHED an extension until April 30, 2008, to commence construction on the properties located at 98 N.W. 27th Street, and 3511 N.W. 1st Avenue, Miami, Florida; (2) granting to RHHED an extension until December 31, 2008, to Complete construction on said Properties and, (3) transferring the property located at 3431 N.W. 6th Avenue, Miami, Florida, legally described in Exhibit "B," attached and incorporated, previously conveyed to RHHED, and reverting said property back to the City.