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HomeMy WebLinkAboutCRA-R-08-0010 02-28-2008 SubmittalJames H. Villacorta City of Miami CRA February 21, 2008 Page 2 Based on the inspection of the property and the investigation and analyses undertaken, I have formed the opinion that, as of February 19, 2008, the subject property had a Market Value of: ESTIMATED MARKET VALUE $787,500 $175,000 $560,000 $96,250 Respectfully submitted, ark Quiiilivan, MAI tate Certified General Appraiser Certification Number: RZ00001 12 JMQ/jb (08-020) 1 1 i SITE DATA Dimensions and Shape: The sites are generally rectangular in shape. Parcel 5 is irregular in shape. Parcel 1 fronts for 150 feet, more or less, along the south side of NW 11`h Street with a southerly depth of 150 feet, more or less. Parcel 2 fronts for 50 feet, more or less, along the west side ofNW 3" Avenue with a westerly depth of 100 feet, more or less. Parcel 5 fronts for 50 feet, more or less, along the east side ofNW 3rd Avenue, thence runs easterly for 100 feet, more or less, thence runs northerly for 50 feet, more or less, thence runs easterly for 110 feet, more or less, thence runs southerly for 100 feet, more or less, and thence runs westerly for 210 feet, more or less, to NW 3" Avenue. Parcel 6 fronts for 25 feet, more or less, along the east side ofNW 3' Avenue with an easterly depth of 110 feet, more or less. (Source: Miami -Dade County Property Appraiser's Office) Area: Parcel Number Size (SF) Size (Acres) 1 22,500 0.517 2 5,000 0.115 5 16,000 0.367 6 2,750 0.063 Total 46,250 1.062 (Source: Miami -Dade County Property Appraiser's Office) QUINLIVAN APPRAISAL 24 i 1 1• I /00 pb M ab let 1 LI 7 . .. .. SI H . I0 3, 34h 1 lS /8�"� '8 49.8 So V 1 I A 1o 65 0 61 0 Iv A °I I -/Q I I I \ I �L ii vo ^ o ' 0fir-1 1 1 —L 1 I i nrso�`d'Qti7. 41 TI 39 akel 66 SO ot Y �I� 7e �. 2A mN: N .. - � - r Q. ,aril L 1 aH� 2-�I I� 1 . �. b' i }yi 1 A`L' 44 r /1,. 1915 69 635" to- 41 '2►191T an 18 G6 60 50 47- 14� 39 31 25 41 I . 11 110� �,� 0 I=''E 1 , YQ .ii{ 2 . to 69 SIz41 45 7.13 51, �..�_ Brictrim ` I I> I \ v 01 17� 3 3z1 Grro Lh 30 ir `111 SUNTRUST February 21, 2008 Alberto Milo, Jr. Urban Development Group 1801 SW 3rd Avenue Suite 500 Miami, Florida 33129 Derrick C. Brown First Vice President SunTrust Community Development PO Box 4415 Atlanta, Georgia 30302 Tel 404.230.5353 Fax 404.230.5534 Re: Ja?.z Village, a proposed mixed -use, mixed -income development in Miami, Florida. Dear Alberto, Congratulations on the continued progress in assembling the Jazz Village redevelopment project SunTrust Bank is excited about this important redevelopment project to provide affordable housing to the community. We look forward to working with you to analyze the various financing components, whether tax exempt bonds, New Markets Tax Credits, Low Income Housing Tax Credits, and/or conventional construction and permanent loan financing. While we have participated in projects with a host of different ownership and entitlement structures we suggest you continue to work to streamline the Jaz7 Village ground lease structure. As we have discussed, some of the financing options we would like to consider for the build -out of the project might be better served under a single 1-nsehold structure rather than an assemblage of different models. Additionally, it appears such a structure may work well with a residential lease -to -own program financed in part by the New Markets Tax Credits. We look forward to working with you as this continues to advance and thank you for giving us the opportunity to provide financing for you. Sincerely yours, M I A M I -DAD Carlos Alvarez, Mayor December 5, 2007 Alberto Milo, Jr UDGV, LLC 1801 SW 3 AVE STE 500 MIAMI, FL 33129 Activity Title: Activity ID: Category: Source: Approved Amount: Rental Housing (HODAG) 20081061 Housing HODAG $1000000 Re: FY 2008 Final Award Letter Dear Mr. Milo, Jr: Community & Economic Development 701 N.W. 1st Court • 14th Floor Miami, Florida 33136 T 786-469-2100 F 786-469-2170 miamidade.gov On November 6, 2007, the Miami -Dade County Board of County Commissioners (BCC) approved the FY 2008-2012 Consolidated Plan that includes our FY 2008 Action Plan funding allocations for the FY 2008 Community Development Block Grant (CDBG), the HOME Investment Partnership (HOME), the Emergency Shelter Grant (ESG), the State Housing Initiative Partnership (SHIP), the Housing Development Action Grant (HODAG), the Documentary Surtax, and the Rental Rehab Program Income funds. This action by the Board of County Commissioners was the culmination of the FY 2008 Consolidated Request for Applications (RFA) process, which opened on August 6, 2007, and was coordinated by the Office of Community and Economic Development (OCED). It is our pleasure to congratulate your agency on your award as described above. In an effort to initiate the contract preparation and execution process, please fill out and retum the following documents (see samples attached) by December 17, 2007: • Detailed and summary budgets, as per format provided • Scope of services, as per format provided • Environmental Review (ER) form with attachments In addition, funded agencies are required to attend our Contract Development Technical Assistance workshop scheduled as follows: December 14, 2007 - 10:00 a.m. to 12:00 Noon Miami -Dade Board of County Commissioners' Chamber 111 NW 1st Street Miami, Florida The purpose of the workshop is to provide technical assistance to agencies that received funding, regarding the contract development process. At that time, staff will discuss any pertinent changes to the contracts, the completion of required documents, and the preparation of scopes of services and budgets. Your participation will ensure not only the expeditious development of your agency's contract(s), but also the implementation and the completion of your activities within the required time frames. Please contact Claudious Thompson, your Contracts Officer, at 786 469-2158, if you have any questions about these documents or if you need technical assistance. ely, IA r r Cintr6n • etift Director JC/sc c: Tangie White Jackson Director Community and Economic Development Division ;-'-V't-)\\b\ Enclosures MedVancee —INSTITUTE Leading Healthcare Career Training` K.I.M.C. Investments, Inc. (dba MedVance Institute) was formed in February 1999 by Deborah Kann Schwarzberg to acquire and operate proprietary postsecondary schools concentrating on training students for careers in the health -related and nursing professions. Deborah is a native of Miami Beach where she spent most of her life before moving to West palm Beach, which is where the company is headquartered. In May 2000, MedVance acquired schools individually licensed in Tennessee and Louisiana. In 2002, West Palm Beach and Ft. Lauderdale schools were opened as branches of the original schools. The Ft. Lauderdale location is housed on the Campus of Florida Medical Center. In 2003, the Company purchased a Practical Nursing school in Stuart, Florida and an additional allied health school in Houston, Texas. The Miami campus was opened in South Miami in 2004 as a branch location and in 2006 a school branch was opened in Nashville, Tennessee on the campus of Centennial Medical Center. In January 2008 a second location was established in the Northwest section of Houston and another campus in Texas will be opened in the Grand Prairie area, in close proximity to Dallas in April. All the MedVance schools are licensed by the states where they do business and are nationally accredited by either ABHES or COE. The hospital -focused specialty programs, Practical Nursing, Surgical Technology, Radiologic Technology and Medical Laboratory Technology, have programmatic accreditation. The U.S. Department of Education provides the students who qualify with Title IV funds for financial assistance with Federal loans and grants. Students may also qualify for financial aid assistance through State agencies and private foundations. Since 2000, 6,863 students have graduated from the MedVance locations. Typically, schools to be operated by MedVance offer programs leading to jobs in the following medical or health -related positions: Medical Assistant, Medical Laboratory Technician, Surgical Technician, Licensed Practical Nurse, Medical Coding Specialist, Patient Care Technician, Medical Office Administration, Massage Therapy, Pharmacy Technician and Radiologic Technology. The new programs that are being considered include: the Bridge Program for Nursing, Emergency Medical Technician, Paramedic Technician, Histology Technician, Respiratory Therapy, Cardiovascular Technician, Information Technology and Biomedical Technician as well as a variety of other medical business and accounting programs. The Company is presently working to establish modality training in areas including MRI, CT, Ultrasound and Nuclear Medicine. The Company distinguishes itself from others in the postsecondary education market by its focus on the medical/technical industry segment and its relationships with major medical employers and hospital systems. Corporate Office 1401 Forum Way, Suite 600 West Palm Beach, FL 33401 P: 561-832-3535 F: 561-832-1052 medvance.edu MedVance® INSTITUTE Leading Healthcare Career Training" In selecting in -coming students, the Company's schools require a variety of academic and personal accomplishments by its applicants including: the presentation of a high school diploma reflecting satisfactory grades or a General Equivalency Diploma ("G.E.D"), and an acceptable level of competence in English. In addition, MedVance expects that its students have an understanding of commitment to the school's academic programs and prior to admission the student's level of commitment is assessed before a final acceptance is offered. Employment in many hospitals and medical businesses require criminal background checks. The school's admissions policies closely mirrors the requirements of employment at hospitals and medical businesses regarding criminal background to help eliminate students from training in areas where they will not be permitted to work. While MedVance's admission philosophy is to welcome all qualified students, it is also consistent with admission standards to admit into school those students who are believed to be capable of completing the coursework offered and who will succeed in job placement. The Company keeps its curricula and teaching methods in step with contemporary knowledge of medical fields of practice. Current teaching methods blend a mixture of lectures, in -class exercises, out -of -class reading, laboratory skills practice and hands-on training. Administrative services and faculty at the MedVance schools are recruited and managed by each Campus Director, with corporate guidance and oversight as appropriate. MedVance employs a competency -based hiring and performance review model designed to retain capable instructors. The Company's full-time and adjunct faculty members participate in on -going education seminars within their fields of specialization to remain knowledgeable and up-to-date about contemporary information. There are about 402 employees at MedVance Institute. Corporate Office 1401 Forum Way, Suite 600 West Palm Beach, FL 33401 P: 561-832-3535 F: 561-832-1052 medvance.edu AMA (Med Ed Products) Health care career income ranges Page 1 of 3 AMA :1 yf JI: t'U rIINPIttie1IJJ i11 i81. Home Member Center AMA Agenda Bookstore Med School & Residency FREIDA Online News and resources Books and CD-ROMs Medical I )censure Health care careers Financial aid MIME DoctorFnder I JdNRenewl MyAMA 'Site Map I Contact Us Newsroom Professional Resources Med School & Residency About AMA Home ► Med SchootfResldencv ► Health care careers ► Allied health career Health care career income ranges e-mail story I print story Occupation Anesthesiologist assistant Art therapist Athletic trainer Audiologist Cardiovascular technologist Clinical lab scientist/ mad technologist CLS/MT manager Clinical lab technician/ medical lab technician Counselor Cytotechnologlet Cytotech supervisor Dental assistant Dental hygienist Dental lab technician Dentist Diagnostic medical sonographer Diagnostic molecular scientist Dietetic technician Dietitian/nutritionist Elecironeurodiagnostic technologist Emergency medical technician -paramedic Genetic counselor Health information administrator Heafth information technician Histologic technician Histotechnologist Klnesiotherapist Low vision therapist Magnetic resonance technologist Marriage and family counselor/therapist Starting Overall salary average $95,000- $120,000 $32,000 $35,000 $45,000 $52,000 $65,000 $36,000- 550,000- 545,000 $65,000 $44,500- $52.000 $69,500- $72,000 $37,100- $41,000 $23,560 $42,110 $46,000 $68,645 $48,000 $70,646 $15.48/hr $30.30/hr $16.40/hr. $114,000 $35,000- $47,000 $30,000- $40.000* $42,000- $55,000` $35,610 $44,621 $16,090 $40,900 $40,000 Upper ranges $160,000- $180,000 $38,000- 560,000- 548,000 $80,000 $55,000- $75,000 $78,000 (management) $75,000 plus 2006 Year of data 2006 2008 2005 2008 2005 2005 2005 $67,170 2004 $105,600 2005 $100,000 2002 2004 2004 2003 $315,000 2004 $61,984 $67,253 2005 $45,000- $82,000 2002 (management) $38,000- $53,000 $60,000- $91,000 $49,192- $52,187 $25,310 $43,240 2004 $59,000 $150,000 2006 $54,700 $85,000 2003 $30,000 $39,100 $50,000 $40,500 $44,970- $49,360 $48,000 $44,777 $44,410 $66,861 $32,500- $38,000 $57,119 2007 2007 2006 2003 2005 2005 $60,000 2006 2002 $78,210 2004 1997 Need help planning your career In allied health? The AMA's annual Health Protbssions Career and Education Directory lists 8,000 educational programs In 77 different health professions. Ogler v 1lijie.lQday1 Subscribe to our free monthly Q-newsletter and keep up with the professions In the allied health arena. Order now: health. P14fssslons EduQatlia0 Datailook-209Z_20911 http://www.ama-assn.org/ama/pub/category/6038.html 2/5/2008 AMA (Med Ed Products) Health care career income ranges Page 2 of 3 Massage therapist $20,000- 2005 $49,000 Medical assistant $22,650 $27,951 $30,000 2004 Medical illustrator $40,000- $45,000- $90,000- 2002 $46,000 $75,000 $130,000 Medical librarian $41,000 $58,000 $158,000 2005 Music therapist $42,364 2004 Nuclear med technologist $56,400 $69,063 583,505 _ 2007 Nurse $37,300 882,330 874,780 2004 Occupational therapist $46,334 _ $58,080 _ $80,000 2006 Occupational therapy $33,000 $39,728 $65,100 2006 assistant • Ophthalmlc,assistant $21,600 $40,040 $44,833 _2005 Ophthalmic dispensing $27,000 1997 optician Ophthalmic laboratory $16,100 $25,000 2000 technician Ophthalmic medical $46,000 $58,481 $70,400- 2005 technologist $125,000 Ophthalmic technician $39,000 . $47,438 $56,643 2005 Optometrist $10$,000 2006 Orientation and mobility $46,564 2002 specialist _ Orthoptlst 635,000- $45,000- $80,000 2000 $42,000 $50,000 Orthotist and prosthetist $22,000- $42,000- 2003 $35,000 $60,000 _ Pathologists' assistant $65,000- $75,000- 2005 $75,000 _ $100,000 Perfuslonlst $60,000- $70,000- $100,000 2006 $75,000 $90,000 (manager) Pharmacy technician $19,000 $27,000 $35,000 2002 Pharmacist $94,927 2008 Phlebotomist $24,315- 2005 $29,120 Physical therapist $54,000 $70,000 _ _ $100,000 2006 _ Physical therapist $30,000 $37,000 2005 assistant _ - Physician assistant $71,004 $84,398 $111,000- 2006 _ _ , $200,000 .. Psychologist $32,380 _ $54,950 , $92_250 _ _ 20 _4 Radiographer $36,918 $59,735 $64,580 _ 2004 Radiation therapist $65,381 $72,300 $80,067 2004 Rehabilitation counselor $27,600- $34,300- $55,000- 2006 $51,700 $55,000 $75,000+ Vision rehabilitation Therapist Respiratory therapist Specialist in blood bank technology Speech -language pathologist $40,041 (schools) Speech -language pathologist $52,694 $60,000 (health care) Surgical technologist $34,010 Teacher of the visually impaired Therapeutic recreation $30,000 $39,000 $60,000 specialist (CTRS) $70,000 Veterinarian $39,020 $56, 590 $118,430 Veterinary technologist $8.51/hr $11.99.hr $17.12/hr and technician $41,537 $45,000 (bench techs) $47,086 $37,065 $56,222 $74,880 $54,000 $66,000 (supervisors) (managers) $52,131- $80,000 $57,000 (management) $72,985 (management) 2002 2005 _ 2008 2006 2005 2004 2002 2004 2004. 2004 http://www.ama-assn.org/ama/pub/category/6038.html 2/5/2008 AMA (Med Ed Products) Health care career income ranges Page 3 of 3 'Data valid for those employed full time in their current primary position for 5 years or less. Last updated Jan 16. 2008 Content provided by Medical Education Products Privacy Statement I Advertise v,4th us Copyright 1996-2008 American Medical Association. All rights roserved. http://www.ama-assn.org/ama/pub/category/6038.html 2/5/2008