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AGENDA ITEM SUMMARY FORM
FILE ID:Q'" (Z6 95
Date: 5/21/2007 Requesting Department: Community Development
Commission Meeting Date: 06/12/2007 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: CONVEYANCE OF CERTAIN CITY OWNED PARCELS
Purpose of Item:
AUTHORIZING THE CITY MANAGER TO CONVEY, WITH PARCEL REVERTER PROVISIONS,
CERTAIN CITY OF MIAMI OWNED PARCELS OF LAND DIRECTLY TO THE DEVELOPERS, AS
DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED, FOR THE DEVELOPMENT OF
AFFORDABLE HOUSING; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENTS, FOR SAID PURPOSE.
Background Information:
On December 19, 2006, the City of Miami issued a Request for Proposal (RFP) for qualified real estate
developers for the redevelopment of mixed -use housing an six (6) groups of City -owned properties with a due
date of February 9, 2007,
A total of seven (7) responses were received, two (2) of which were for scattered site lots and therefore non-
responsive to the RFP and an additional response was disqualified because it was received after the 2.00 PM
deadline.
All respondents to the RFP were deemed to be ably qualified with the necessary financial capacity to develop
the properties.
The Administration is recommending the conveyance, with parcel reverter provisions, of certain City owned
parcels of land to the developers, as described in Exhibit "A," attached and incorporated.
Developers will have twelve (12) months from the date of land conveyance to begin construction and will have
an additional 18 months to complete construction.
Budget Impact Analysis
is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
CIP
GrLfu i �g or receiving capital funds
Final Approvals
(SIGN AND DATE)
Budget
Risk Manageme
Purchasing Dept. Direct()
Chief City Manage
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