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HomeMy WebLinkAboutPre-Legislation 2Ft b-26-2003 17: 34 CITY MANAGERS OFFICE 305 416 101E P.03i06 RESOLUTION NO. A RESOLUTION OP THE MIAMI CITY COMMISSION AUTHORIZING THE CONVEYANCE OF TWO (2) CITY- OWNE't VACANT PARCELS LOCATED IN THE ALLAPATTAH NEIGHBORHOOD TO A.LLAPATTAH BUSINESS DEVELOPMENT AUTHORITY, INC. AS DEVELOPER AT NO COST FOR THE DEVELOPMENT OF TWO (2) NEW SINGLE-FAMII:Y HOMES AFFORDABLE TO FAMILIES AND INDIVIDUALS OP LOW AND MODERATE INCOME, SUBJECT TO THE DEVELOPER: (I) AGREEING TO PAY THE COST OF ELIMINATING ALL TITLE DEFECTS EXISTING ON THE PARCELS, (2) PROVIDING EVIDENCE ACCEPTABLE TO THE CITY OF FIRM COMMITMENTS FOR PROJECT CONSTRUCTION AND PERMANENT FINANCING FOR PURCHASE BY QUALIFIED HOMEBUYERS , (3) COMMENCING CONST RUCT:ON WITHIN TWELVE (12 ) MONTHS FROM THE DATE OF CONVEYANCE BY THE CITY, (4) COMPLYING WITH OTHER TERMS AND CONDITIONS, INCLUDING PARCEL REVERTER PROVISIONS, AS DEEMED APPROPRIATE EY THE CITY MANAGER AND THE CITY ATTORNEY, AND (5) PROVIDING ittt ADMINISTRATION WITH A STATUS REPORT CONCERNING THE TITLE TO THE PARCELS WITHIN NINETY (90) DAYS FROM THE DAZE OP CONVEYANCE: AND FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENT(S), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE, SUBJECT TO APPLICABLE CITY CODE PROVISIONS. WHEREAS, a severe shortage of housing exists in the City of M .ami (City) within the affordability range of families and individuals cf low and moderate -income; and WHEREAS, pursuant to Resolution No. 99-429, adopted July 22, 1999, the City Commission approved the Ci .y' s proposed Five FEE-20-2003 17:34 C I `t mANAGERS OFFICE 305 416 1019 P . 04,06 (S) Year Consolidated Plan. ;1999-20C4 (r:an) for submission to the U.S. Department of Housing and Urban Development including, as a major component of the Plan, a :sousing strategy designed to facilitate the annual creation of 1,000 new homeownership units for purchase by very low, low and moderate income families; and WHEREAS, the two (2) parcels are vacant properties owned by City of Miami and the development plan proposed by A_lapattah Business Development Authority, Inc. conforms to the Plan; and WEEREAS, Section 29-E of the Charter of the City of Miami, Florida, as amended, allow_ for the conveyance or disposition of City -owned property in connection with the implementation, of City -assisted housing programs or projects intended to benefit persons or households of low or moderate -income without competitive bidding requirements and fair market value return to the City; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findirge contained in the Preamble to this Resolution are adopted by reference and incorporated as if fury set forth in this Section. Section 2. The conveyance of the following two (2) parcels at no cost to the Developer is hereby authorized subject to the Developer (1) aareerg to pay the cost of eliminating al title defects existinc on the parcels, (2) prov_ding evidence Page 2 of 4 FEB-20-2003 17 : 34 C I iY 114141C1Ei OFF I C'E 305 416 1019 F.05/06 acceptable to the C_ty cf rm commitments for project construction and permanent f inanc_ro for purchase by qualified low and moderate income homehuyers, (3) commencement of construction on the parcels within. Twelve (12) months from he date of conveyance to the Developer hy the City, (4) complying with other terms and conditions, includinc reverter provisions for each parcel, as deemed appropriate by the City Manager and the City Attorney, and (5) providing the administration with .a status report concerning the title to the parcels within ninety (90) days from the date of conveyance: 750 NW 29 Terrace 2374 NW 33 Street Section 3. The City Manager is hereby authorized to execute all necessary document(s), in a form acceptable to the City Attorney, subject to applicable City Code provisions. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Maycr.y PASSED AND ADOPTED this day of 2003. v MANUML A. DIAZ, MAYOR If the Mayor does not sign this Resolution, it shall become effective at the end cf ter., (10; 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. Pace FEE-20-2003 17 : 35 C 1 TY MANAGERS OFF i C6 305 416 1019 F.06/06 Attest. PRISCILLA A. TTOMPSON C TY CLERK APPROVED AS TO FORM AND CORRECTNESS: ALEJANDRO VILARELLO CITY ATTORNEY Face 4 cf 4 TO" P.06