HomeMy WebLinkAboutSummary FormDate: 2/15/2011
AGENDA ITEM SUMMARY FORM
FILE ID: // / Z
Law Department
Matter ID No.
Requesting Department: Community Development
Commission Meeting Date: 03/24/2011 District Impacted: 1
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
D Other
Subject: EXTENSION OF TIME TO ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY, INC.
Purpose of Item:
AUTHORIZING THE CITY MANAGER TO GRANT ALLAPATTAH BUSINESS DEVELOPMENT
AUTHORITY, INC. ("ABDA"), AN EXTENSION OF TIME TO COMMENCE CONSTRUCTION FROM
DECEMBER 31, 2009 TO JUNE 1, 2011, AND TO COMPLETE CONSTRUCTION FROM
DECEMBER 31, 2010 TO DECEMBER 31, 2011, ON THE PROPERTY LOCATED AT 1264
NORTHWEST 31ST STREET; AND AN EXTENSION OF TIME TO COMMENCE CONSTRUCTION
FROM JUNE 30, 2010 TO JANUARY 1, 2012, AND TO COMPLETE CONSTRUCTION FROM
JUNE 30, 2011 TO JUNE 30, 2012 ON THE PROPERTY LOCATED 790 NORTHWEST 29TH
TERRACE; AND.AN EXTENSION OF TIME TO COMMENCE CONSTRUCTION FROM JUNE 30,
2010 TO JULY 1, 2012 AND TO COMPLETE CONSTRUCTION FROM JUNE 30, 2011 TO
DECEMBER 30, 2012 FOR THE PROPERTIES LOCATED AT 3255 NORTHWEST 11TH COURT
AND 3245 NORTHWEST 11TH COURT ("PROPERTIES"), LEGALLY DESCRIBED IN EXHIBIT "A,"
ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO
EXECUTE MODIFICATIONS TO THE DEED(S) THAT CONVEYED THE PROPERTIES FROM THE
CITY OF MIAMI TO ABDA, AND ALL OTHER NECESSARY DOCUMENTS, FOR SAID
PURPOSES.
Background Information:
Please see attached
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE%
CIP Budget
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Director
Chief//7j// City Manage
Page 1 of 1
AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution No. 03-215, adopted February 27, 2003, the Miami City Commission
approved the conveyance of two city -owned vacant parcels located at 2374 NW 33hd Street, and 790
NW 29th Terrace, Miami, to Allapattah Business Development Authority, Inc. ("ABDA"), a not -for -profit
Florida corporation, for the development of two (2) new single-family homes for low and moderate -
income families and individuals.
Pursuant to Resolution No. 04-0289, adopted May 6, 2004, the Miami City Commission designated
certain city -owned properties located at 3245 NW 11th Court, 3255 NW 11th Court, and 1264 NW 31st
Street, Miami, as surplus and authorized ABDA to develop three (3) twin homes for affordable to very
low, low and/or moderate -income families and/or individuals.
ABDA has completed one single family house located at 2374 NW 33`d Street, Miami.
Pursuant to Resolution No. 07-0490, adopted September 11, 2007, the Miami City Commission
granted ABDA and extension until March 30, 2008 to commence construction on the properties
located at 1264 NW 31st Street, 3245 NW 11th Court, 3255 NW 11th Court and 790 NW 29th Terrace
and also granted an extension until December 31, 2008, to complete construction of a twin home on
each property and authorized the construction of a twin home rather than a single family home on the
property located at 790 NW 29th Terrace.
Pursuant to Resolution No. 08-0251, ABDA was granted an extension of time from March 30, 2008 to
October 31, 2008 to commence construction on the properties located at 1264 NW 31st Street, 3245
NW 11th Court, 3255 NW 11th Court and 790 NW 29th Terrace and an extension from December 31,
2008 to December 31, 2009 to complete construction.
Pursuant to Resolution No. 09-0028, ABDA was granted an extension of time to commence
construction from October 31, 2008 to December 31, 2009, and to complete construction from
December 31, 2009 to December 31, 2010, on the property located at 1264 Northwest 31st Street;
and an extension of time to commence construction from October 31, 2008 to June 30, 2010, and to
complete construction from December 31, 2009 to June 30, 2011 on the properties located at 3245
Northwest 11th Court, 3255 Northwest 11th Court and 790 Northwest 29th terrace.
ABDA has obtained the required permits and has selected a contractor for the property located at
1264 NW 31st Street.
Due to delays incurred by the private bank providing construction costs in processing their loan
application, ABDA is requesting an extension of construction commencement and completion dates
on the properties described in Exhibit "A" attached and incorporated.
The Administration recommends granting ABDA an extension of time to commence construction
from December 31, 2009 to June 1, 2011, and to complete construction from December 31, 2010 to
December 31, 2011, on the property located at 1264 Northwest 31st Street; and an extension of time
to commence construction from June 30, 2010 to January 1, 2012, and to complete construction
from June 30, 2011 to June 30, 2012 on the property located 790 Northwest 29th Terrace; and an
extension of time to commence construction from June 30, 2010 to July 1, 2012 and to complete
construction from June 30, 2011 to December 30, 2012 for the properties located at 3255 Northwest
11th Court and 3245 Northwest 11th Court, legally described in Exhibit "A", attached and incorporated.