Loading...
HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-22-0043 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11381 File Type: Resolution Revision: A File Name: Direct CM - Fund Allocation to Citadelle Village, LLC Requesting Dept: Commissioners and Mayor Status: ADOPTED WITH MODIFICATION(S) Controlling Body: City Commission Introduced: 1/19/2022 Final Action Date: 2/10/2022 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING FUNDING ON A REIMBURSEMENT BASIS TO CITADELLE VILLAGE, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("DEVELOPER"), IN AN AMOUNT NOT TO EXCEED TWO MILLION DOLLARS ($2,000,000.00) FROM THE PROPOSED TRANCHE 2 MIAMI FOREVER AFFORDABLE HOUSING LIMITED AD VALOREM BONDS FOR THE AFFORDABLE HOUSING COMPONENTS OF A TWELVE (12) STORY, MIXED -USE MULTIFAMILY RENTAL PROJECT TO BE LOCATED AT 181 NORTHEAST 82 STREET TO BE KNOWN AS "CITADELLE VILLAGE" BEING DEVELOPED BY THE DEVELOPER; SUCH ALLOCATION MUST BE IN COMPLIANCE WITH THE HOUSING AND COMMERCIAL LOAN COMMITTEE MEMORANDUM, AS AMENDED, ATTACHED AND INCORPORATED AS EXHIBIT "A," AND ALL APPLICABLE FEDERAL, STATE OF FLORIDA, LOCAL, AND CITY OF MIAMI ("CITY") LAWS, RULES, AND REGULATIONS FOR AFFORDABLE HOUSING PROJECTS, INCLUDING BUT NOT LIMITED TO THE CITY'S AFFORDABLE HOUSING BONDS PROJECTS STRATEGIES, THE TRANCHE 2 AFFORDABLE HOUSING INTENT TO REIMBURSE RESOLUTION, AND THE TRANCHE 2 MIAMI FOREVER AFFORDABLE HOUSING LIMITED AD VALOREM BONDS; 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 AND BOND COUNSEL, FOR SAID PURPOSE; PROVIDING FOR AN EFFECTIVE DATE. Sponsor(s): Commissioner Christine King Notes: Pursuant to the resolution, this item became effective immediately upon adoption by the Commission. Links: Attachments: 11381 Exhibit A (PDF) 11381 Notice to the Public (PDF) 11381 Memo from City Attorney (PDF) 11381 Legislation SUB (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Legislative Division Marie Gouin Barnaby L. Min Victoria Mendez City Commission 1/31/2022 1/31/2022 1/31/2022 2/1/2022 2/10/2022 Legislative Division Review Budget Review Deputy City Attorney Review Approved Form and Correctness Meeting Completed Completed Completed Completed Completed City of Miami Page 1 of 2 Printed on: 6/9/2025 City Commission City of Miami Master Report City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Enactment Number: R-22-0043 2/10/2022 ADOPTED WITH Passed MODIFICATION(S) A Legislative Division 3/17/2022 Legislative Division Review Completed A Richard Appleton 3/24/2022 ACA Review Completed A Barnaby L. Min 3/24/2022 Deputy Attorney Review Completed A Victoria Mendez 4/7/2022 Approved Form and Completed Correctness with Modification(s) A City Clerk's Office 4/7/2022 Rendered Completed City of Miami Page 2 of 2 Printed on: 6/9/2025