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HomeMy WebLinkAboutPre-LegislationCity of Miami Legislation Resolution: R-08-0636 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-01219 Final Action Date:11/13/2008 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), RESCINDING RESOLUTION NO. 07-0137, ADOPTED MARCH 8, 2007, RELATING TO THE CONVEYANCE OF THE FIVE (5) CITY OF MIAMI OWNED PARCELS OF LAND, LEGALLY DESCRIBED IN EXHIBIT "A", ATTACHED AND INCORPORATED, TO PARKVIEWGARDENS, L.P., FOR THE DEVELOPMENT OF AFFORDABLE HOUSING FOR ELIGIBLE LOW AND MODERATE INCOME PERSONS; AUTHORIZING THE CONVEYANCE OF SAID FIVE (5) CITY OF MIAMI OWNED • PARCELS OF LAND, LEGALLY DESCRIBED IN EXHIBIT "A", ATTACHED AND INCORPORATED, WITH PARCEL REVERTER PROVISIONS, TO PARKVIEW GARDENS, LTD. FOR THE DEVELOPMENT OF AFFORDABLE HOUSING FOR ELIGIBLE LOW AND MODERATE INCOME PERSONS; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. 06-0164, adopted March 9, 2007, the Miami City Commission approved the conveyance of five (5) City of Miami ("City") owned parcels of land to Carlisle Group VI, Ltd. ("Carlisle"); and WHEREAS, the Agreement for Purchase and Sale was executed between Carlisle and the City on April 7, 2006 and expired on December 31, 2006; and WHEREAS, pursuant to Resolution No. 07-0137, adopted March 8, 2007, the Miami City Commission conveyed the five (5) parcels of land, with parcel reverter provisions, to Parkview Gardens, L.P, a partnership of Carlisle and Tacolcy Economic Development Corporation ("Tacolcy"); and WHEREAS, on September 24, 2007, Carlisle filed a petition with Florida Housing Finance Corporation to change the identity and ownership structure to replace Carlisle with Carrfour Supportive Housing, Inc. ("Carrfour"); and WHEREAS, on October 26, 2007, a final order was issued approving said petition for the new co -development team, Carrfour and Tacolcy; and WHEREAS, the project has received the following funding from Florida Finance Housing Corporation: $8 million of tax exempt bond financing, $2,890,000 of 4% tax credits, a $4 million SAIL loan and $1.35 million of Miami -Dade County Surtax funding; and WHEREAS, Carrfour has partnered with Tacolcy and created a new entity, Parkview Gardens, Ltd. to replace Parkview Gardens, L.P. as the developer of Parkview Gardens; and WHEREAS, the City has identified $56,000, of project related costs that will be assigned and charged to said project; and City of Miami Page 1 of 2 File Id: 08-01219 (Version: 1) Printed On: 4/25/2011 File Number: 08-01219 Enactment Number. R-08-0636 WHEREAS, Parkview Gardens, Ltd. will have twelve (12) months from the date of land conveyance to start construction; and thirty-six (36).months from the date of land conveyance to complete construction; and WHEREAS, the Administration recommends rescinding Resolution No. 07-0137 relating to the conveyance of the five (5) City owned parcels of land to Parkview Gardens, L.P.; and WHEREAS, the Administration also recommends conveying the said parcels of land, with parcel reverter provisions, to the new entity, Parkview Gardens, Ltd.; 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. Resolution No. 07-0137, adopted March 8, 2007, relating to the conveyance of the five (5) City owned parcels of land to Parkview Gardens, L.P., is rescinded. Section 3. The conveyance of said five (5) parcels of land, with parcel reverter provisions, to Parkview Gardens, Ltd. for the development of affordable housing for low and moderate income persons, legally described in Exhibit "A", attached and incorporated, is authorized. 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} Footnotes: {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. City of Miami Page 2 of 2 File Id: 08-01219 (Version; 1) Printed On; 4/25/2011 • Exhibit "A" Legal Descriptions 1. 1475 NW 61 ST ORANGE HGTS PB 14-62 LOTS 37-38-39 & W1/2 LOT 36 BLK 10 LOT SIZE 175.000 X 106 OR 20746-120-121 & 122 1002 3 2. 1455 NW 61 ST ORANGE HGTS PB 14-62 LOTS 33-34-35 & E112 LOT 36 BLK 10 LOT SIZE.175.000 X 106 OR 20746-120-121 & 122 1002 3 3. 1435 NW 61 ST ORANGE HGTS PB 14-62 LOT 30 THRU 32 INC BLK 10 LOT SIZE 150.000 X 106 OR 20746-120 121 & 122 1002 3 4. 1421 NW 61 ST ORANGE HGTS PB 14-62 LOT 29 BLK 10 LOT SIZE 50.000 X 106 5. 1405 NW 61 ST 14 53 41 ORANGE HGTS PB 14-62 LOTS 27 & 28 BLK 10 LOT SIZE 107.730 X 106 OR 16592-2529 1094 3