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City of Miami
Legislation
Resolution: R-07-0305
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-00694 Final Action Date: 6/12/2007
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE SALE OF CERTAIN CITY OF MIAMI ("CITY") OWNED
PROPERTIES, TO THE INDIVIDUALS , AS SPECIFIED IN "EXHIBIT A,"
ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO
EXECUTE PURCHASE AND SALE AGREEMENT(S), IN SUBSTANTIALLY THE
ATTACHED FORM(S), AND TO EXECUTE SUCH OTHER DOCUMENTS AS MAY
BE NECESSARY TO CONSUMMATE SUCH TRANSACTIONS IN ACCORDANCE
WITH THE TERMS AND CONDITIONS OF THE AGREEMENT(S), WHICH TERMS
MAY BE AMENDED BY THE CITY MANAGER AS MAY BE NECESSARY IN
ORDER TO MEET THE BEST INTERESTS OF THE CITY.
WHEREAS, the Model City Community Revitalization District Trust ("Trust") was established by the
City Commission on July 10, 2001, pursuant to Ordinance No. 12082 to revitalize the Model City Area;
and
WHEREAS, as part of the revitalization effort, the Trust purchased properties from private owners
or properties were transferred to the Trust from the City of Miami's ("City's") vacant land inventory to be
developed and sold to low income families in the Model City Area; and
WHEREAS, on February 14, 2005 the three properties attached as "Exhibit A," were deeded from
the City to the Trust for the construction of new affordable homes; and
WHEREAS, on October 30, 2006, the Board of the Trust authorized the City Manager to execute a
Quit Claim Deed for all properties owned by the Trust to the City of Miami; and
WHEREAS, on January 24, 2007, the City Manger executed a Quit Claim Deed on behalf of the
Model City Trust transferring the properties to the City; and
WHEREAS, Elaine Rahming, Tillman Richardson and Tymara Coldin have expressed the desire to
purchase the properties as shown in "Exhibit A;" and
WHEREAS, the Department of Community Development has reviewed their household incomes,
and certifies that they are within 80% of the area median income low income homebuyers; and
WHEREAS, as part of the proceeds of the sale to go to the Department of Community
Development to pay for past due taxes on all City properties previously controlled by the Trust; and
WHEREAS, the following conditions have been put in place for the purchase of said properties:
The property must remain owner -occupied for 30 year,
In the case of sale or transfer of the property, the borrower will be required to sell the home to an
income eligible borrower approved by the City at a price not to exceed the maximum allowable
City of Miami Page 1 of 2 Printed On: 7/9/2008
File Number: 07-00694 Enactment Number.: R-07-0305
purchase price approved by the City Commission in existence at the time of sale;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORI DA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The sale of certain City -owned properties, to the individuals, as specified in "Exhibit A,"
attached and incorporated, is approved.
Section 3. The City Manager is authorized {1} to execute Agreement(s) in substantially the
attached form(s), and to consummate such other documents as may be necessary to consummate
such transactions in accordance with the terms and conditions of the Agreement(s), which terms may
be amended by the City Manager as may be necessary in order to meet the best interests of the City.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
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.
City of Miami Page 2 of 2 Printed On: 7/9/2008