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HomeMy WebLinkAboutPre Legislation 4RESOLUTION NO. Oc % - ' / A RESOLUTION OF THE MIAMI CITY COMMISSION ESTABLISHING A POLICY RELATING TO THE ACQUISITION OF LAND FOR HOMEOWNERSHIP AND COMPREHENSIVE REVITALIZATION PROJECTS IN THE COMMUNITY REVITALIZATION DISTRICTS THAT AUTHORIZES THE CITY MANAGER TO OFFER UP TO FIFTEEN PERCENT (15%) ABOVE THE HIGHEST APPRAISED VALUE OF REAL PROPERTIES TO BE ACQUIRED IN CONNECTION WITH THE IMPI.FMENTATION OF SAID PROJECTS. WHEREAS, the City Commission adopted the Five Year Consolidated Plan in the summer of 1999 that identified comprehensive revitalization initiatives to be undertaken in the most depressed neighborhoods in the City of Miami; and WHEREAS, the Five Year Consolidated Plan identified Community Revitalization Districts to target comprehensive revitalization projects focusing on homeownership opportunities and redevelopment of commercial corridors; and WHEREAS, said revitalization projects will require the City to aggressively purchase real property for the revitalization of City neighborhoods; 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 hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Commission hereby approves and establishes a land acquisition policy for homeownership and comprehensive revitalization projects in the community revitalization districts which authorizes the City Manager to negotiate and offer up to fifteen percent (15%) above the highest of the two (2) appraisals for parcels to be acquired in compliance with policies established under U.S. HUD Handbook 1378, Section 5-2, BASIC ACQUISITION POLICIES (49 CFR 24.102) ADMINISTRATIVE SETTI.FMENT. Section 3. The purchase price of any property that exceeds the limits established in Section 2 above must be ratified by the City Commission. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.» PASSED AND ADOPTED this day of , 2001. JOE CAROLLO, MAYOR ATTEST: WALTER J. FOEMAN CITY CLERK APPROVED AS TO FORM AND CORRECTNESS: AT FIANDRO VILARELLO CITY ATTORNEY Il If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shad become effective immediately upon override of the veto by the City Commission.