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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #8021 Date: 10/08/2020 Commission Meeting Date: 11/19/2020 Requesting Department: Department of Housing and Community Development Sponsored By: District Impacted: All Type: Resolution Subject: Award Conveyance - Creating Affordable/Workforce Rental Housing Purpose of Item: AUTHORIZING THE CITY MANAGER TO AWARD THE CONVEYANCE, WITH AFFORDABLE/WORKFORCE RENTAL HOUSING RESTRICTIONS AND REVERTER PROVISIONS, OF CERTAIN CITY OF MIAMI ("CITY") OWNED PARCEL OF LAND LOCATED APPROXIMATELY AT 714 NW 4 AVENUE, MIAMI, FLORIDA, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED, TO SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), FOR THE PURPOSE OF CREATING AFFORDABLE/WORKFORCE RENTAL HOUSING, FOR ELIGIBLE LOW TO MODERATE AND WORKFORCE INCOME PERSONS; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. Background of Item: SEOPW CRA, is the owner of the adjacent lots located at 728 and 734 NW 4 Ave and 402 NW 8 St. The City recognizes the need to develop affordable housing for low income and moderate income families and individuals. Section 29-B of the City Charter allows for conveying property to implement housing programs or projects which are intended to benefit persons or households with low and/or moderate income, the criteria of which to be provided for by federal and/or state law or by the city commission. The City's owned parcel will be conveyed through purchase and sale agreement ("Agreement"). The parcel 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 120% of area median income, as published annually by US 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 or sold) within forty- eight (48) months of conveyance. The City's administration recommends the conveyance to Southeast Overtown/Parkwest Community Redevelopment Agency ("SEOPW CRA"), with parcel reverter provisions, of the City of Miami owned parcel of land located at 714 NW 4 Avenue, Miami, Florida, as legally described in Exhibit "A" attached an incorporated, for the construction of affordable housing projects. Budget Impact Analysis Item is NOT Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: N/A Department of Community and Economic Development Review Completed Office of Management and Budget Office of Management and Budget City Manager's Office City Manager's Office City Manager's Office Legislative Division Office of the City Attorney Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk Office of the City Clerk Reviewed B 10/08/2020 8:28 PM Luis Hernandez -Torres Christopher M Rose Carolina Aguila Fernando Casamayor Arthur Noriega V Valentin J Alvarez Richard Appleton Barnaby L. Min Victoria Mendez Nicole Ewan Mayor's Office City Clerk's Office City Clerk's Office George Mensah Budget Analyst Review Budget Review Assistant City Manager Review Assistant City Manager Review City Manager Review Legislative Division Review ACA Review Deputy City Attorney Review Approved Form and Correctness Meeting Signed by the Mayor Signed and Attested by the City Clerk Rendered Department Head Completed Completed Skipped Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed 10/13/2020 3:25 PM 10/13/2020 4:35 PM 10/22/2020 8:37 PM 10/23/2020 5:13 PM 10/24/2020 9:29 AM 10/26/2020 9:54 AM 11/04/2020 5:22 PM 11/05/2020 10:38 AM 11/09/2020 10:43 AM 11/19/2020 9:00 AM 11/30/2020 5:39 PM 11/30/2020 5:49 PM 11/30/2020 5:50 PM City of Miami Legislation Resolution Enactment Number: R-20-0383 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 8021 Final Action Date:11/19/2020 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), PURSUANT TO SECTION 29-B OF THE CHARTER OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, AUTHORIZING THE CITY MANAGER TO CONVEY, WITH AFFORDABLE/WORKFORCE HOUSING RESTRICTIONS AND REVERTER PROVISIONS, THE CITY OF MIAMI ("CITY") OWNED PARCEL OF LAND LOCATED APPROXIMATELY AT 714 NORTHWEST 4 AVENUE, MIAMI, FLORIDA, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED, TO THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, FOR THE PURPOSE OF CREATING AFFORDABLE/WORKFORCE HOUSING FOR ELIGIBLE LOW TO MODERATE AND WORKFORCE INCOME PERSONS; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR THE COMPLETION OF SAID TRANSACTION. WHEREAS, the City of Miami ("City") is the owner of a parcel of land located approximately at 714 Northwest 4 Avenue, as more particularly described in Exhibit "A," attached and incorporated ("Property"); and WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is the owner of the adjacent lots located at 728 and 734 Northwest 4 Avenue and 402 Northwest 8 Street; and WHEREAS, the City recognizes the need to develop affordable housing for low income and moderate income families and individuals; and WHEREAS, Section 29-B of the Charter of the City of Miami, Florida, as amended ("City Charter"), allows for the conveyance of property to implement housing programs or projects which are intended to benefit persons or households with low and/or moderate income, the criteria of which are to be provided for by federal law, state law, and/or the City Commission; and WHEREAS, Section 29-B of the City Charter allows for the conveyance of property to implement projects of any governmental agency or instrumentality; and WHEREAS, the City wishes to convey the Property to the SEOPW CRA through a purchase and sale agreement subject to the following restrictions: (i) the number of units to be constructed on the Property should represent the highest and best use possible under Ordinance No. 13114, as amended, the Zoning Ordinance of the City of Miami, Florida; (ii) all residential units must be made available to families with incomes equal to or less than 120% of area median income as published annually by the 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 must be constructed, the Certificates of Occupancy and/or Temporary Certificates of Occupancy must be issued, and all units must be rented or sold) within forty-eight (48) months of the conveyance; and WHEREAS, the City's Administration recommends conveying, with reverter provisions, the Property to the SEOPW CRA 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 if fully set forth in this Section. Section 2. Pursuant to Section 29-B of the City Charter, the City Manager is authorized' to convey, with affordable/workforce housing restrictions and reverter provisions, the Property to the SEOPW CRA for the purpose of creating affordable/workforce housing for eligible low to moderate and workforce income persons. Section 3. The City Manager is further authorized' to negotiate and execute any and all necessary documents, including amendments, extensions, and modifications, all in forms 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 APPROVED AS TO FORM AND CORRECTNESS: 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited, to those prescribed by applicable City Charter and City 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.