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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-12-0499 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-01400 Version: 2 File Type: Resolution Status: Passed Reference: Controlling Body: Office of the City Clerk File Name: Auth. City Manager to Convey - Cedars Pointe Condominium Introduced: 12/3/2012 Requester: District 1 - Commissioner Cost: Final Action: 12/13/2012 Wifredo (Willy) Gort Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO ACCEPT THE CONVEYANCE TO THE CITY OF MIAMI ("CITY") OF THE UNITS LEGALLY DESCRIBED IN EXHIBIT "A", ATTACHED AND INCORPORATED, OF THE CEDARS POINTE CONDOMINIUM ("PROPERTY") LOCATED AT 1531 NORTHWEST 16TH AVENUE, MIAMI, FLORIDA, IN "AS -IS" AND "WHERE -IS" CONDITION, FROM BANK OF AMERICA, N.A. AND CHASE HOME FINANCING, LLC; AUTHORIZING THE CITY MANAGER TO CONVEY, IN "AS -IS" AND "WHERE -IS" CONDITION AND AT NO COST TO THE CITY, WITH PARCEL REVERTER PROVISIONS, THE PROPERTY TO KENNETH ORR, OR TO SUCH LEGAL ENTITY AS HE MAY ESTABLISH FOR SUCH PURPOSE, FOR THE IMPLEMENTATION OF AFFORDABLE HOUSING OPPORTUNITIES FOR ELDERLY LOW- AND MODERATE -INCOME INDIVIDUALS, WITH APPLICABLE RESTRICTIONS: (1) PROPERTY MUST REMAIN AFFORDABLE FOR THE NEXT TWENTY (20) YEARS, (2) PROPERTY MUST BE USED BY LOW -TO MODERATE -INCOME INDIVIDUALS, AS DEFINED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, (3) THE REHABILITATION OF THE PROPERTY MUST COMMENCE WITHIN SIX (6) MONTHS OF THE CONVEYANCE, AND (4) THE REHABILITATION OF THE PROPERTY MUST BE COMPLETED WITHIN TWENTY-FOUR (24) MONTHS OF THE CONVEYANCE; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSES. Sponsors: Notes: Indexes: Attachments: 12-01400 Legislation.pdf,12-01400 Exhibit 1.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 1 Office of the City 12/3/2012 Reviewed and Attorney Approved 2 Office of the City 12/10/2012 Reviewed and Attorney Approved Action Note: MODIFICATIONS MADE TO RESOLUTION MODIFICATIONS MADE TO RESOLUTION 2 City Commission 12/13/2012 ADOPTED Pass City ofMiami Page 1 Printed on 12/15/2017 City of Miami Master Report Enactment Number: R-12-0499 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com 2 Office of the Mayor 12/19/2012 Signed by the Mayor Office of the City Clerk 2 Office of the City Clerk 12/19/2012 Signed and Attested by City Clerk City ofMiami Page 2 Printed on 12/15/2017