HomeMy WebLinkAboutR-14-0391City of Miami
Legislation
Resolution: R-14-0391
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-00500 Final Action Date: 10/9/2014
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CONVEYANCE TO SOUTHEAST OVERTOWN/PARKWEST
COMMUNITY REDEVELOPMENT AGENCY, WITH PARCEL REVERTER
PROVISIONS, OF THE CITY OF MIAMI OWNED PARCELS OF LAND LOCATED AT
244 NORTHWEST 16TH STREET, 1900 NORTHWEST 2ND COURT, 1624
NORTHWEST 1ST COURT, AND 1611 NORTHWEST 3RD AVENUE, MIAMI
FLORIDA, AS LEGALLY DESCRIBED IN EXHIBIT "A", ATTACHED AND
INCORPORATED, FOR THE CONSTRUCTION OF AFFORDABLE HOUSING
PROJECTS; AUTHORIZING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
FOR SAID PURPOSE.
WHEREAS, on May 18, 2005, Overtown Condominium, LLC assumed a City of Miami ("City")
mortgage on the properties located at 244 Northwest 16th Street, 1900 Northwest 2nd Court, 1624
Northwest 1st Court, Miami, Florida, and closed on an additional $1.2 million in State Housing
Initiative Partnership funds to construct twenty-six (26) residential townhomes; and
WHEREAS, on September 19, 2008, the City de -obligated the remaining unspent funds and
began collection efforts which resulted in a deed -in -lieu of foreclosure for all the properties; and
WHEREAS, the Office of the City Attorney will continue to use all means at its disposal to collect
the remaining funds; and
WHEREAS, the Southeast Overtown/Parkwest Community Redevelopment Agency ("SEOPW
CRA") is willing to assist the City to complete this project to ensure that the funds already spent yield
the number of units of housing promised to the State of Florida and to complete this project; and
WHEREAS, the City also owns the site located at 1611 Northwest 3rd Avenue, Miami, Florida,
which was acquired through a foreclosure action on October 13, 1999; and
WHEREAS, all attempts to develop this property through request for proposals have not been
successful; and
WHEREAS, the properties will be conveyed subject to the following restrictions: (i) the number of
units to be constructed on the sites should represent the highest and best use possible under Miami
21, (ii) all residential units must be made available to families with incomes equal to or less than
eighty percent (80%) of area median income, as published annually by United States Department of
Housing and Urban Development ("HUD"), (iii) any commercial development must serve primarily the
residents of the community, and (iv) the project must be completed (all units constructed, issued
Certificates of Occupancy, and rented) within forty-eight (48) months of conveyance; and
City of Miami
Page 1 of 2 File Id: 14-00500 (Version: 1) Printed On: 1/12/2018
File Number: 14-00500 Enactment Number: R-14-0391
WHEREAS, the City Administration recommends the conveyance to the SEOPW CRA, with
parcel reverter provisions, of the City -owned parcels of land located at 244 Northwest 16th Street,
1900 Northwest 2nd Court, 1624 Northwest 1st Court, and 1611 Northwest 3rd Avenue, Miami,
Florida, as legally described in Exhibit "A", attached and incorporated, for the construction of
affordable housing projects;
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 to the SEOPW CRA, with parcel reverter provisions, of the
City -owned parcels of land located at 244 Northwest 16th Street, 1900 Northwest 2nd Court, 1624
Northwest 1st Court, and 1611 Northwest 3rd Avenue, Miami, Florida, as legally described in Exhibit
"A", attached and incorporated, for the construction of affordable housing projects, is authorized.
Section 3. The properties will be conveyed subject to the following restrictions: (i) the number of
units to be constructed on the sites should represent the highest and best use possible under Miami
21, (ii) all residential units must be made available to families with incomes equal to or less than
eighty percent (80%) of area median income, as published annually by HUD, (iii) any commercial
development must serve primarily the residents of the community, and (iv) the project must be
completed (all units constructed, issued Certificates of Occupancy, and rented) within forty-eight (48)
months of conveyance.
Section 4. The City Manager is authorized{1} to execute the necessary documents, in a form
acceptable to the City Attorney, for said purpose.
Section 5. 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: 14-00500 (Version: 1) Printed On: 1/12/2018