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Certified Copy
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 08-00433 Enactment Number: R-08-0250
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
GRANTING MIAMI DREAM HOMES INVESTMENT GROUP, INC., AN
EXTENSION, UNTIL aPRIL 30, 2009, TO COMPLETE THE AFFORDABLE
HOUSING CONSTRUCTION PROJECTS ON THE PROPERTIES LISTED IN
EXHIBIT "A", ATTACHED AND INCORPORATED, AND FOR THE
CONVEYANCE OF THE MULTI -FAMILY RENTAL PROJECT TO THE CITY;
STATING THE INTENTION OF THE CITY COMMISSION RELATING TO THE
CONVEYANCE OF TITLE TO THE PROPERTIES LISTED ON EXHIBIT "A";
AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY
DOCUMENT(S) FOR SAID PURPOSE(S).
WHEREAS, pursuant to Resolution No. 05-0357, adopted May 26, 2005, the City
Commission approved the conveyance, with title reverter conditions, of eleven parcels of City of
Miami ("City") owned land directly to developers, for the construction of affordable housing for
eligible low and moderate income persons; and
WHEREAS, pursuant to said Resolution, six (6) of the eleven parcels of City -owned land
(the "Properties") were conveyed to Miami Dream Homes Investment Group, Inc. ("Miami Dream
Homes"), by quit claim deed dated September 27, 2005, for the construction of affordable single
family homes, and
WHEREAS, pursuant to Resolution No. 06-0329, adopted May 25, 2006, the City
Commission approved one parcel, located at 1525 Northwest 60th Street; Miami, Florida, to be
developed as a new construction multi- family rental project consisting of seven (7) units for low
income persons; and
WHEREAS, pursuant to Resolution No. 07-0133, adopted March 08, 2007, the City
Commission approved the modification of condition/restriction No. 5 of the corrective quit claim
deed, dated July 5, 2006, from the City to Miami Dream Homes to provide that construction on the
Properties of one of the single family homes must commence no later than July 1, 2007; and
WHEREAS, due to issues with architect and engineering companies, and extensive
delays in obtaining permits due to new permit requirements in the development district, Miami
Dream Homes was unable to complete the multi -family rental project on the parcel located at 1525
Northwest 60th Street, Miami, Florida, in the timeframe required; and
WHEREAS, due to Miami -Dade County policy changes that gave priority to the Dade
County infill program, Miami Dream Homes experienced delays on the parcels located at 1533
Northwest 58th-Terrace, 1543 Northwest 59th Street, 1600 and 1610 Northwest 60th Street and
6020 Northwest 15th Avenue, Miami, Florida; and
WHEREAS, Miami Dream Homes has completed and sold the single family homes on the
parcels located at 1535 and 1545 Northwest 58th Terrace, Miami, Florida; and
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File Number: 08-00433 Enactment Number: R-08-0250
WHEREAS, Miami Dream Homes has resolved all issues and is ready to complete both
the single family homes and the multi -family rental project; and
WHEREAS, the Administration recommends granting Miami Dream Homes an extension
of time until April 30, 2009, for Miami Dream Homes to complete the affordable housing
construction projects on the Properties listed in Exhibit "A", and for the conveyance of the
multi -family rental project to the City;
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. An extension of time until April 30, 2009, for Miami Dream Homes to complete
the affordable housing construction projects on the Properties listed in Exhibit "A", and for the
conveyance of the multi -family rental project to the City, is authorized.
Section 3. It is in the intention of the City Commission that title to the parcels described in
Exhibit "A", attached and incorporated, shall be deemed to have remained in Miami Dream Homes
from the date of conveyance, and that the extension of time granted herein shall be deemed to
have been authorized on or before April 30, 2008.
Section 4. The City Manager is authorized{1} to execute all necessary document(s) for
said purpose.
Section 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.{2}
Date: MAY 8, 2008
Mover: COMMISSIONER GONZALEZ
Seconder: VICE CHAIR SPENCE-JONES
Vote: AYES: 5 - COMMISSIONER GONZALEZ, SARNOFF, SANCHEZ, REGALADO AND
SPENCE-JONES
Action: ADOPTED WITH MODIFICATIONS
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File Number: 08-00433 Enactment Number: R-08-0250
I, Priscilla A. Thompson, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do
hereby certify that this constitutes a true and correct copy of Resolution No. R-08-0250, with
attachments, passed by the City Commission on 5/8/2008.
May 15, 2008
Date Certified
{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 (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.