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HomeMy WebLinkAboutCRA-R-10-0026 Backup 05-13-2010APPRAISAL OF A CHURCH LOCATED AT 300 N.W. 11 STREET MIAMI, FLORIDA Prepared For Miami Community Redevelopment Agency 49 N.W. 5 Street Suite 100 Miami, Florida Prepared By Investors Research Associates, Inc. 5730 S.W. 74 Street, Suite 300 South Miami, Florida 33143 Date of Value September 29, 20 investors research associates, inc. real estate consultants/appraisers SUMMARY OF FACTS AND CONCLUSIONS The Assignment: Property Location: Site Description: Improvement Description: Ownership: 2009 Assessment: Zoning: Highest and Best Use: Value Conclusion: Date of Valuation: Appraisers: To estimate the market value of the fee simple interest of the property described herein. 300 N.W. 11 Street, Miami A 50' x 100' (5,000 square feet) corner lot fronting N.W. 3 Avenue and N.W. 11 Street. A 60-year old concrete church containing 4,583 square feet. The roof of the building, which had been badly damaged and leaking, has recently been replaced and the building exterior has been repainted. However, the interior of the building remains in a badly deteriorated condition. For the purpose of this appraisal, it is assumed the building remains structurally sound and the interior can be renovated for continued use. If an engineering report should indicate otherwise, the value conclusion herein would require revision. House of God of Nazarene Site: Improvements: Total: $ 90,000 $137,395 $227,395 C-1, Restricted Commercial As If Vacant: Speculation As Improved: Renovation for community service or adaptive commercial use $300,000 September 29, 2009 Edward N. Parker, MAI Geoffrey D. Heath, MAI 4 09-20►8 Miami -Dade My Home Page 1 of 1 My Home mam►%a•e •o Show Me: Property Information Search By: Select Item • A Text only Property Aooraiser Tax Estimator Prooerty Aooraiser Tax Comparison Summary Details: Folio No.. 01-0101-040-1010 Property: 3C0 NW 11 ST Mailing HOUSE OF GOD OF Address: NAZARENE 1042 NW 3 AVE MIAMI FL 33136-3308 Property Information: Primary Zone• 6100 RESTRICTED COMMERCIAL CLUC. 0044 RELIGIOUS Bedsj Baths: 104 Floors: 1 Living Units: /0 Adj Sq Footage: /4.583 Lot Size: 5.000 SQ FT Year Built: 1947 MIAMI NORTH P8 B-11 N5OFT LOT 1 & 2 BLK 14 Legal LOT SIZE 50.000 X 100 Description: OR 11668-2224 0183 5 THE MIAMI DIST BOARD OF CH EXT OF THE METHODIST CH Assessment Information: Year: 2009 2008 Land Value: 590.000 S90,000 Building'Vafoe: S137.395 S137,512 Market Value: S227.395 S227.512 Assessed Value S227.395 5227.512 Taxable Value Information: ACTIVE TOOL SELECT Year: 2009 2008 Applied Applied Taxing Authority: ExemptiTaxableon! ExemTaxapbletion/ Value: Value: Regional: 5227.395/5C 5227,512/50 Ccunty: 5227 395, SC 5227.512 SC City: 5227.395/SC 5227.512:SC School Board: 5227.395:SC 5227.512,SC Additional Information: Crick here_ to see more information for thiq MOM Community Development District Community Redevelopment Area Empowerment Zone Enterprise Zone Zoning Land Use Urban Development Boundary Zoning Non -Ad Valorem Assessments Digital Orthophotography - 2007 My Home I Property Information I Property Taxes My Neighborhood 'Property Aooraiser 0 Home I Using Our Site I About i Phone Directory I Privacy I Disclaimer 110 ft If you experience technical difficulties with the Property Information application, or wish to send us your comments, questions or suggestions please email us at Webmaster. Web Site '0 2002 Miami -Dade County All rights reserved. MIAMI•DADE Legend Property N Boundary Selected Property Street �✓ Highway Miami -Dade County Water N W+E 9 http://gisims2.miamidade.gov/myhome/propmap.asp 4/ 16/ 2010 City of Miami (COM) One Stop Center Proposal Summary Opportunity: South Florida Workforce's funding for One -Stop Centers, via Workforce Investment Act Funds focused on oroviding workforce development services to meet employer needs. A One Stop is intended to collect several federal drogratns that train or support the workforce in one place for efficiency. Emphasis is on placing individuals into jobs and retaining them by providing coaching or training related to industries with current openings and future growth. Serves: TANF recipients; Dislocated workers; Individuals with disabilities; Ex -offenders; Displaced homemakers; Non- custodial parents; Older youth; Veterans; Mature workers; and Unemployment Insurance Claimants Services Provided: Management and direct service provision (WIA core services cannot be outsourced) of the following programs is required of One Stop operators. Federal Funding Source Services Required to be Delivered Workforce Investment Act (WIA) funding for adults and dislocated workers, Temporary Assistance for Needy Families (TANF), • Unassisted Core Services (62% of clients/requires 40% placement rate) Use of resource room, Job search, Labor market information, Orientation, Information about available services, Follow-up services, Assisted Core Services, Job search and placement assistance, Workshops, Initial assessment of skills, Follow-up services Location: On -site. Client: Typically TANF recipients. • Intensive Services (28% requires/80% placement rate) Comprehensive and specialized assessments, Development of an Individual Employment Plan (IEP) or Individual Responsibility Plan (IRP), Support Services, for example: transportation, Case management, Work Readiness Services, Adult Basic Education (ABE), GED, English for Speakers Other Languages (ESOL), Follow-up services Location: On -site. Client: Typically dislocated worker, veterans, and unemployment insurance claimants. • Training Services (10% of clients/ requires 90% placement rate): Occupational SkillsNocational Training through Educational Scholarships (ITAs), ABE, ESOL in conjunction with Occupational skillsNocational Training, On the Job and Customized Training, Follow-up services Location: Provide location -this will be outsourced. Clients: Hardest to serve, ex -offender, individuals with disabilities. Food Stamp Employment and Training (FSET), and The Food Stamp Employment and Training Program, referred to as the FSET Program, emphasizes work, self-sufficiency, and personal responsibility. The program strives to meet the needs of participants in gaining skills, training, work, and experience that will increase the program participants' ability to obtain total self-sufficiency. Trade Adjustment Assistance (TAA). Dislocated workers from elimination of trade jobs Agency for Workforce (A WI) funded Programs Wagner Peyser Services, Retraining for dislocated workers. Wagner Peyser Services, Unemployment Compensation Services, Employment Service focuses on providing a variety of employment related labor exchange services including but not limited to job search assistance, job referral, and placement assistance for job seekers, re-employment services to unemployment insurance claimants, and recruitment services to employers with job openings Veterans Program and Local Veterans Employment Representatives (LVER) and Disabled Veterans Outreach Program (DVOP), to integrate veterans into the workforce. Job Corps Admissions Intake of youth into the Job Corps Program Capacity: Typical One -Stops serve 10,000-16,000 unduplicated clients a year (if client returns, they cannot be counted towards goal attainment). 100 client caseload per Career Advisor; 800 clients served a week. Location and Staffing: Typical One Stops are 12,000 feet. COM is considering opening two, one on Biscayne or Brickell to cultivate a culture of success and one in the Overtown Shopping Center to provide accessible services. One Stops with similar volume use: 1 Program Director; 1 Clerk; 8 Career Advisors; 4 Employment Specialists; 4 Placement Specialists. Terms: Cost -reimbursable (estimated monthly outlay $250,000); Selected Respondents that fail to meet negotiated performance standards shall be subject to corrective action and, if performance problems persist, contract cancellation. Funding from SFW has ranged up to $1.5 M for operating the One Stop (staff, supplies etc); and $1.5M for client supplies (boots, training programs, transportation). Costs (using a 2 site model): Startup (equipment, office configuration, connectivity of operations) $71,000; Monthly Operational Costs-$270,422.08; Monthly Client Costs $125,000; Monthly Reimbursement: $250,000. Cost Proposal a. Startup Line Item Grant-2 Sites Grant 1 Site City of Miami Inkind Office Equipment for Staff $51,000 Office Rehabilitation or configuration $20,000 Total Expenses $71,000 b. Annual Line Item Grant-2 Sites Grant 1 Site City of Miami Inkind Personnel $3,187,065 $1,819,475 Space and Utilities $73,400 Supplies $13,400 Postage $4,500 Travel $17,000 Equipment $24,000 $12,000 $30,800 Background Checks $5,000 $4,000 Client Training Supplies $1,750,000 $1,650,000 TOTAL expenses $5,046,965 $3,485,475 TOTAL Income $3,250,000 $3,250,000 $122,100 Loss -52,094,565 -5335,475 1) Target Population: 2) Location: 3) Industry Focus: 4) Services Provided: City of Miami Focus Project: Location: Date: Proposed Use: Prepared by: Lot Size: Building Size 300 NW 11 Street Church 300 NW 11 Street, Miami, FL 5/3/2010 Community Center Mark Spanioli, P.E. 5000 SF 9000 SF (2 story) Summary: The CRA is proposing to acquire the subject property. No on -site visual observations or inspections were performed by the estimator. The existing building is approximately 9,000 SF and it is assumed for the purposes of this estimate that the shell and roof are in good condition and do not require repairs. The interior of the building is assumed to need complete demolition and build -out including all plumbing, electrical, mechanical, fire and all interior build -out requirements for the use. The building may include mold abatement depending on the extent of the damages from prior roof leaks. Proposed Cost Estimate Item Area Unit Cost Unit Cost Hard Costs Interior Demolition Mold Abatement Interior Build -Out Plumbing HVAC Fire Protection Electrical Equipment and Furnishings 1 $ 5,000.00 1 $ 5,000.00 9000 $ 29.81 9000 $ 9.95 9000 $ 9.43 9000 $ 3.16 9000 $ 8.15 9000 $ 2.86 LS LS SF SF SF SF SF SF Subtotal: Soft :Costs $ 5,000.00 $ 5,000.00 $ 268,290.00 $ 89,550.00 $ 84,870.00 $ 28,440.00 $ 73,350.00 $ 25,740.00 $ 580,240.00 Survey Architectural Fees Contractor Fees 1 1 1 1% 9% 25% Subtotal: Hard and Soft Costs: 15% Contingency: 5,802.40 52,221.60 145,060.00 203,084.00 783,324.00 117,498.60 Grand Total: Note: Hard and Soft Costs were determined based on 2010 RS Means Square Foot Costs 900,822.60 Page 1 5/6/2010 Prepared By: Mark Spanioli, P.E.