HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO :
FROM :
The Honorable May'aft
Mem.,• rs of The
Joe A iaola
City i ager
APR - 7 20O4
HATE :
Transfer City -owned propertyFIE o
SUBJECT : NHDC Barcelona, Inc. for
development of affordable
housing
REFERENCES : City Commission Agenda
ENCLOSURES:
April 22, 2004
R! CU MENDATION:
It is respectfully recommended that the City Commission adopt the attached Resolution
authorizing the conveyance of the vacant City -owned real property located at 1611 Northwest 3rd
Avenue, Miami, Florida, in the Overtown neighborhood, to NHDC Barcelona, Inc., a not -for -
profit corporation, for the development of affordable homeownership housing, with parcel
reverter provisions; and further authorizing the City Manager to execute all necessary
documents, in a form acceptable to the City Attorney, for said purpose.
BACKGROUND:
NHDC Barcelona, Inc., a not -for -profit corporation, is the parent company of Overtown
Condominium LLC. Overtown Condominium LLC has requested that the City -owned property
located at 1611 Northwest 3rd Avenue, Miami, Florida, be transferred to NHDC Barcelona, Inc.,
for the development of affordable homeownership housing
It is recommended that the City Commission adopt the attached Resolution authorizing the
conveyance of the vacant City -owned real property located at 1611 Northwest 3rd Avenue,
Miami, Florida, in the Overtown neighborhood, to NHDC Barcelona, Inc., a not -for -profit
corporation, for the development of affordable homeownership housing, with parcel reverter
provisions; and further authorizing the City Manager to execute all necessary documents, in a
form acceptable to the City Attorney, for said purpose.
Thep osed Resolution does not have a budgetary impact on the General Fund.
'LMH/B R