HomeMy WebLinkAboutCRA-R-12-0054 Master ReportCity of Miami
Master Report
Enactment Number: CRA-R-12-0054
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00821
Version: 1
File Type: CRA Resolution Status: Filed in Clerk's
Office
Reference: Controlling Body: Office of the City
Clerk
File Name: Resolution authorizing a development agreement with AMC Introduced: 7/17/2012
HTG 1, LTD.
Requester:
Cost: Final Action: 7/30/2012
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, WITH
ATTACHMENT(S), AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A
DEVELOPMENT AGREEMENT, IN SUBSTANTIALLY THE FORM ATTACHED, WITH AMC HTG
1, LTD, A FLORIDA LIMITED PARTNERSHIP, FOR THE DEVELOPMENT OF AN AFFORDABLE
HOUSING DEVELOPMENT, ON THE PROPERTY ADJACENT TO THE CULMER
NEIGHBORHOOD SERVICE CENTER AT 1600 NW 3RD AVENUE MIAMI, FLORIDA, WHICH
PROPERTY IS CURRENTLY OWNED BY MIAMI-DADE COUNTY, FLORIDA AND IS LEASED
TO A PRIVATE DEVELOPER, CONSISTING OF NOT LESS THAN 75 AFFORDABLE RENTAL
UNITS, WHICH DEVELOPMENT AGREEMENT INCLUDES THE MAKING OF A GRANT IN AN
AMOUNT NOT TO EXCEED $7,500,000.00 FOR THE RESIDENTIAL PORTION OF THE
DEVELOPMENT; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE THE GRANT, AT
HIS DISCRETION, IN ACCORDANCE WITH THE TERMS OF THE DEVELOPMENT
AGREEMENT; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AND
AMEND ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, IN FORM ACCEPTABLE TO
THE SPECIAL COUNSEL.
Sponsors:
Notes:
Indexes:
Attachments: File # 12-00821 07-30-2012 Cover Memo.pdf,File # 12-00821 07-30-2012 Legislation with
attachment.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 SEOPW Community 7/30/2012 ADOPTED Pass
Redevelopment Agency
1 CRA General Counsel 8/3/2012 Reviewed and
Approved
City of Miami Page 1 Printed on 11/1/2022