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HomeMy WebLinkAboutPre Legislation 2J-01-107 2/14/01 RESOLUTION NO. 01- 160 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING AND DIRECTING THE CITY MANAGER AND CITY ATTORNEY TO EXPEDITIOUSLY MOVE FORWARD WITH CERTAIN PREDEVELOPMENT AND PROJECT RELATED ACTIVITIES, INCLUDING, BUT NOT LIMITED TO, LAND ACQUISITION, RELOCATION ACTIVITIES, SECURING OUTSIDE PROFESSIONAL SERVICES TO PERFORM ANY LEGAL, ARCHITECTURAL, INFRASTRUCTURE, ENVIRONMENTAL/SITE ASSESSMENT AND ANY OTHER SERVICES NECESSARY TO FACILITATE REVITALIZATION IN THE MODEL CITY HOMEOWNERSHIP ZONE; FURTHER AUTHORIZING THE ALLOCATION OF FUNDS, IN THE AMOUNT OF $21,634,364, FOR SAID PURPOSES AS DESIGNATED HEREIN. WHEREAS, at its .meeting of July 21, 1998, the Administration recommended that the City Commission allocate $1,500,000 in HOME Investment Partnership ("HOME") Program funds annually for a five (5) year period for implementation of a Homeownership Program in the•Model City neighborhood bounded by Northwest 62nd and 54th Streets between Northwest 12th and 17th Avenues, Miami, Florida; and WHEREAS, with the adoption of Resolution No. 98-8'6, the City Commission authorized and directed the City Manager to CITY COMMISSION MEETING OF FEE 1 5 2001 01— 160 allocate the City's first year financial commitment in the amount of $1,500,000 for the development of affordable housing units in the Model City neighborhood; and WHEREAS, with the adoption of Resolution No. 99-429, the City Commission approved and adopted the City's Five Year Consolidated Plan (1999-2004), which outlined the City's various housing and community revitalization strategies and the proposed use of funds received from the U.S. Department of Housing and Urban Development ("HUD"); and WHEREAS, with the adoption of the City's Five Year Consolidated Plan, the City Commission approved the establishment of seven (7) homeownership zones throughout the City with the City's initial homeownership development efforts to begin in the Model City neighborhood; and WHEREAS, on May 11, 2000, the City Commission adopted Resolution No. 00-416, allocating an additional $3,000,000 in HOME Program funds to fund the City's second and third year baseline five (5) year financial commitment for the development of new affordable homeownership units in the Model City Homeownership Zone; and Page 2 of 6 01- 160 WHEREAS, .the Administration has recommended that the City Commission allocate the funding as follows: (a) $3,000,000 in HOME Program funds to fund the City's fourth and fifth year baseline five (5) year financial commitment to the Model City Homeownership Zone, (17.1) $6,000,000 in unexpended and prior year Section 8 Moderate Rehabilitation Program funds, (c) $4,134,364 in HOME and Community Development Block Grant funds available as a result of the repayment to HUD in connection with the Northwestern Estates Housing Project, (d) $1,000,000 from Fannie Mae Foundation, and (e) $3,000,000 from Miami -Dade County; and WHEREAS, in an effort to expedite and facilitate revitalization activities ;in the Model City Homeownership Zone, it is recommended that the City Commission authorize and direct the City Manager and City Attorney to move forward with certain predevelopment and project related activities to include land acquisition and relocation activities, conduct an analysis of all legal, site assessment and infrastructure needs and environmental issues impacting the Model City Homeownership Zone; and WHEREAS, project related funding in the amount of $21,634,364 is available to assist in defraying the cost of Page 3 of 6 01- 160 facilitating the predevelopment and project related activities for the Model City Homeownership Zone; 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 as if fully set forth in this Section. Section 2. The City Manager and the City Attorney are authorized and directed to expeditiously move forward with certain predevelopment and project related activities, including but not limited to, land acquisition, relocation activities, and securing outside professional services to perform any legal, architectural, infrastructure, environmental/site assessment and any other services necessary to facilitate revitalization in the Model City Homeownership Zone. Section 3. The allocation of $21,634,364, is authorized for the Section 2 as follows: funds, in the amount of purposes set forth in Page 4 of 6 /,, 01 160 PROJECT PREDEVELOPMENT ACTIVITIES BUDGET ALLOCATION FUNDING SOURCE Land Acquisition/Relocation Activities 1 i $ 6.500.000 HOME Program ProfessionaliConsultant Services (Legal. Architectural. (ntratructurc and Environmental Assessments - -t_ 1 $ 1.000,000 HOME Program Development of "Gateway Initiatives- Infrastructure and Neighborhood Park Improvements/Expansion . 1.6I2.6096 CDBG Program Targeted Single Family Rehabilitation/Homebuyers FinancinL. Activities $2.521.668 HOME Program Homebuyers Counseling : Job Training Activities $ 3,000,000 Section 8 Moderate Rehab Program Homebuyers Second Mortgage Financing Activities $ 3,000,00 Section 8 Moderate Rehab Program Homebuyers Second Mortgage Financing Activities $ 3,000,000 Miami -Dade County Surtax Progra m Private Sector Start-up Commitment . $ 1,000,000 Private Funding Fannie Mae Foundation TOTAL: $21,634,364 Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.1/ l� 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. • Page 5 of 6 PASSED AND ADOPTED this 15th day of February , 2001. f ATTEST: JOE CAROLLO, MAYOR Infronrriance with Miami Code Sec. 2-36, since the Mayor did nol ttiv:1.7;1,3-labor by sigrf!ng it in tht.- desiclilatec: - bscrnee er.;Roth.ge ter. I1() dav- i:ern c!. imading sarne, without the Mayor Crf.L:oci eto. WALTER J. FOEMAN CITY CLERK APPROV) 0.1.W I RELLO TTORNEY W d48BSS AND CORRECTNESS:t Page 6 of 6 City Clerk 01- 160