HomeMy WebLinkAboutSummary FormJAN-1?-007 09 : 19
205 416 1019 P.g1/ 1
CITY MANAGERS OFFICE
AGORA UEM _SUMMARY FORM
Date: 121, 190 Requesting Department: Cotrtrounitv .Development
Commission Meeting Date: afirisa District Impacted;
Type: i$I Resolution 0 Ordinance ❑ emergency Ordinance Q Diecusitton Item
IjOther ,
Subject O T E C
Purpose of item;
AUTHORIZING THE CITY MANAGER TO CONVEY, WITH PARCEL REVERTER PROVISIONS,
ONE CITE OF MIAMI ("CITY") OWNER VACANT PARCEL OF LAND LOCATED AT 1E14 NW 1
COURT, MIAMI, FLORIDA, AS LEGALLY DESCRIBED IN "EXHIBIT A," ATTACHED AND
INCORPORATED, TO OVERTOWN CONDOMINIUM, I.LC, FOR THE DEVELOPMENTS OF
AFFORDABLE HOUSING; AUTHORIZING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENT($), FOR SAID PURPOSE
sac kground Information:
The City of Miami C"City") owns a 3,000 square foot vacant parcel of /and located at 1614 NW
1 Court, Miami, Florida; and
Overtown Condominium, LLC, Is developing • thirty one (31) unit affordable housing
townhome development in the Overtown neighborhood; and
The conveyance of such property will allow for the deveOpmerit to Increase the WW1 number of
affordebte units iri the Brea; and
The Adminletradort is requesting the conveyancer of said parcel to Overtown Corrdorritriiurn,
LLC. fiommumwor the denEeto meet cf aitiordabba hruusk
a ct +rape,
c
Is this Item relaters to revenue?
Is this stern so expenditure/ Wee, please Identify funding sourer below.
Genorel Amount Na: ..-�-
3jprct i Rtivenue Account NO:
CIP Project No:
he this item funded by Homeland Defensliiweigbiborhood Improvement Bonds?
Gratra Or reccivizta capitol Ihndl
urebesiaiChter
FTpnvets
digkittiraM
Budget
Risk Man
Dept. ulnae* A; AASPOY
City Mann. 07,1
Pegs 1 ell
TOTAL P.01