HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 6S -002I
PH.11
Date: 2/13/2008 Requesting Department: Community Development
Commission Meeting Date: 03/13/2008 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: CONVEY TWO (2) PARCELS OF LAND: CARRFOUR SUPPORTIVE HOUSING, INC.
Purpose of Item:
AUTHORIZING THE CITY MANAGER TO CONVEY, WITH PARCEL REVERTER PROVISIONS,
TWO (2) CITY OF MIAMI (CITY) OWNED PARCELS OF LAND, LOCATED AT 6200 NW 17
AVENUE AND 6201 NW 17 AVENUE, MIAMI, FLORIDA, LEGALLY DESCRIBED IN EXHIBIT "A,"
ATTACHED AND INCORPORATED, DIRECTLY TO CARRFOUR SUPPORTIVE HOUSING, INC.
(CARRFOUR) FOR THE DEVELOPMENT OF AFFORDABLE HOUSING; FURTHER
AUTHORIZING THE CITY MANAGER TO EXECUTE PURCHASE AND SALE AGREEMENT(S) IN
THE ATTACHED FORM, WITH SAID ENTITY FOR SAID PURPOSE.
Background Information:
Please see attached
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?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Dept. Directo
Chief C`� City Manager,
Final Approvals
(SIGN AND DATE)
Page 1 of 1
AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
On October 31, 2007, the City of Miami (City) issued a request for proposals (RFPs), inviting
qualified private real estate developers to propose developments to create mixed- use, affordable
rental housing on two (2) City owned parcels located at 6200 NW 17 Avenue and 6201 NW 17
Avenue, Miami, Florida; and
The due date to submit the RFP was November 30, 2007; and
A total of three (3) responses were received and all met the minimum threshold requirements; and
The responses were reviewed by an Evaluation Committee comprised of a resident of the Liberty
City area, a representative of the Liberty City Community Revitalization Trust and an employee of the
City of Miami Department of Community Development; and
Carrfour received the highest average point score of the three responses; and
The Administration is recommending the conveyance, with parcel reverter provisions, of two (2) City
owned parcels of land, located at 6200 NW 17 Avenue and 6201 NW 17 Avenue, Miami, Florida,
legally described in Exhibit "A", attached and incorporated, to Carrfour for the development of
affordable housing; and
Carrfour is a not -for-profit organization founded in 1993 by the Homeless Committee of the Greater
Miami Chamber of Commerce, and its mission is to provide permanent housing supportive services
to maximize the self-sufficiency of the formerly homeless in Miami -Dade County and other cities in
Florida through joint ventures with various non-profit organizations; and
Carrfour is in good standing with the City; and
To convey said properties, the City must receive from the developer the following: (i) evidence that
the developer has received all necessary permits needed to construct the units, (ii) evidence that
financial commitments from the lender(s) has been received, (iii) any mortgages obtained by the
developer on the property will be subject to the approval of the City of Miami Department of
Community Development, and (iv) the closing of the purchase and sale agreements will occur
simultaneously with the closing of the construction financing by the lender, if any; and
The properties conveyed will have the following restrictions: (i) all the units must be sold to
households with incomes not to exceed 80% of the median household income for Miami — Dade
County, as published annually by Florida Housing Finance Corporation, (ii) the properties must
remain affordable for a minimum of 20 years, (iii) the properties may not be used as collateral by the
developer without written permission from the City of Miami, and (iv) the closing of the purchase and
sale agreements must occur simultaneously with the closing of the construction financing by the
lender, if any; and
Carrfour will have six (6) months from the date of land conveyance to begin construction and will
have an additional twenty- four (24) months to complete construction.