HomeMy WebLinkAboutR-08-0689City of Miami
Legislation
Resolution: R-08-0689
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 08-01388 Final Action Date: 12/11/2008
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ASSIGNMENT OF THE PURCHASE AND SALE AGREEMENT WITH CARRFOUR
SUPPORTIVE HOUSING, INC., A FLORIDA NOT -FOR -PROFIT CORPORATION,
FOR THE CITY OF MIAMI OWNED REAL PROPERTY LOCATED AT 5329
NORTHWEST 17TH AVENUE, MIAMI FLORIDA, TO OSPREY APARTMENTS, LLC,
A FLORIDA LIMITED LIABILITY COMPANY, FOR THE DEVELOPMENT OF
MIXED -USE AFFORDABLE HOUSING; AUTHORIZING THE CITY MANAGER TO
EXECUTE THE NECESSARY DOCUMENTS FOR SAID PURPOSE.
WHEREAS, on December 19, 2006, the City of Miami ("City") issued a Request for Proposals
("RFP") for qualified real estate developers for the development of mixed -use affordable housing; and
WHEREAS, Carrfour Supportive Housing, Inc. ("Carrfour") was the only respondent to the
RFP for the lot located at 5329 Northwest 17th Avenue, Miami, Florida (the "Property"); and
WHEREAS, pursuant to Resolution No. 07-0461, adopted August 1, 2007, the Miami City
Commission authorized the conveyance of the Property to Carrfour for the development of mixed -use
affordable housing; and
WHEREAS, Carrfour has created a separate legal entity for the project, Osprey Apartments,
LLC, a Florida limited liability company ("Osprey") in connection with its application for low income
housing tax credits from the Florida Housing Finance Corporation; and
WHEREAS, in support of its application for tax credits from the Florida Housing Finance
Corporation, Carrfour has requested that the City authorize the assignment of the Purchase and Sale
Agreement for the Property to Osprey; and
WHEREAS, the Administration recommends that the City authorize the assignment of the
Purchase and Sale Agreement for the Property from Carrfour to Osprey, for the development of
mixed -use affordable housing;
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 assignment of the Purchase and Sale Agreement with Carrfour Supportive
Housing, Inc., for the City -owned real property located at 5329 Northwest 17th Avenue, Miami Florida,
to Osprey Apartments, LLC, for the development of mixed -use affordable housing, is authorized.
Section 3. The City Manager is authorized{1} to execute the necessary documents for said
City of Miami
Page 1 of 2 File Id: 08-01388 (Version: 1) Printed On: 5/24/2017
File Number: 08-01388 Enactment Number: R-08-0689
purpose.
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 File Id: 08-01388 (Version: 1) Printed On: 5/24/2017