HomeMy WebLinkAboutR-12-0298City of Miami
Legislation
Resolution: R-12-0298
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00891 Final Action Date: 9/13/2012
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE CONVEYANCE, WITH PARCEL REVERTER PROVISIONS, OF
THE CITY OF MIAMI OWNED PROPERTIES LOCATED AT 2525 NORTHWEST
34TH STREET, MIAMI, FLORIDA AND 1924 NORTHWEST 26TH STREET, MIAMI,
FLORIDA, AS LEGALLY DESCRIBED IN EXHIBIT "A", ATTACHED AND
INCORPORATED, TO ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY,
INC., FOR THE PURPOSE OF DEVELOPMENT AND MANAGEMENT OF
AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES;
AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY
DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID
PURPOSE.
WHEREAS, on June 30, 2008, President George W. Bush signed the Housing and Economic
Recovery Act of 2008, which appropriated $3.92 billion for assistance to state and local governments
for the redevelopment of abandoned and foreclosed homes under the Neighborhood Stabilization
Program ("NSP"); and
WHEREAS, the City of Miami ("City") was awarded $12,063,702 of this federal funding to
acquire, rehabilitate, and re-sell/rent lender -foreclosed properties to income eligible buyers and
renters; and
WHEREAS, pursuant to Resolution No. 08-0641, adopted November 13, 2008, the City
Commission approved the acceptance of these funds from the United States Department of Housing
and Urban Development for the implementation of the NSP; and
WHEREAS, pursuant to Resolution No. 08-0642, adopted November 13, 2008, the City
Commission approved the NSP plan which included the purchase and rehabilitation of single and
multi -family properties as a neighborhood stabilization strategy; and
WHEREAS, said properties were acquired with NSP funds and the rehabilitation of the property
located at 2525 Northwest 34th Street, Miami, Florida, is 90% complete and the property located at
1924 Northwest 26th Street, Miami, Florida, is pending rehabilitation; and
WHEREAS, it is in the best interest of the City to allow a non-profit community based
organization to develop and manage these properties; and
WHEREAS, Allapattah Business Development Authority, Inc. ("ABDA"), is the primary affordable
housing non-profit organization and certified Community Housing Development Organization, doing
business in the Allapattah neighborhood; and
WHEREAS, the City Administration recommends the conveyance, with parcel reverter provisions,
City of Miami
Page 1 of 2 File Id: 12-00891 (Version: 11 Printed On: 11/29/2017
File Number: 12-00891 Enactment Number: R-12-0298
of the City owned properties located at 2525 Northwest 34th Street, Miami, Florida and 1924
Northwest 26th Street, Miami, Florida, as legally described in Exhibit "A", attached and incorporated,
to ABDA, for the development and management of affordable housing for Low to Moderate Income
families as defined under the NSP;
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 fully set forth in this Section.
Section 2. The conveyance, with parcel reverter provisions, of the City -owned properties located
at 2525 Northwest 34th Street, Miami, Florida and 1924 Northwest 26th Street, Miami, Florida, as
legally described in Exhibit "A", attached and incorporated, to ABDA, for the purpose of the
development and management of affordable housing for Low to Moderate Income families, is
approved.
Section 3. The City Manager is authorized {1} to execute all necessary documents, in a form
acceptable to the City Attorney, for said purpose.
Section 4. 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: 12-00891 (Version: 11 Printed On: 11/29/2017