Loading...
HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-22-0283 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12209 File Type: Resolution Status: ADOPTED Revision: Controlling Body: City Commission File Name: Bid Waiver - Affordable Housing Bond Allocation Introduced: 6/27/2022 Requesting Dept: Commissioners and Mayor Final Action Date: 7/28/2022 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), BY A FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE CITY MANAGER'S FINDINGS, ATTACHED AND INCORPORATED AS EXHIBIT "A," THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS FOR THE CITY OF MIAMI ("CITY") PURSUANT TO SECTION 18-86 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED; WAIVING THE REQUIREMENTS FOR SAID PROCEDURES; SUBJECT TO THE RECEIPT BY THE CITY MANAGER OF THE APPROVAL OF THE PROJECT BY THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT ("HCD") AND THE CITY'S HOUSING AND COMMERCIAL LOAN COMMITTEE ("HCLC") (COLLECTIVELY, "HCD/HCLC APPROVALS"), PROVIDED THAT SUCH APPROVALS ARE CONSISTENT WITH THE CITY COMMISSION APPROVAL; ALLOCATING FUNDING ON A REIMBURSEMENT BASIS IN AN AMOUNT NOT TO EXCEED THREE MILLION, FIVE HUNDRED THOUSAND DOLLARS ($3,500,000.00) FROM THE PROPOSED TRANCHE 2 MIAMI FOREVER AFFORDABLE HOUSING LIMITED AD VALOREM BONDS TO WYNWOOD WORKS, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("DEVELOPER"), FOR THE AFFORDABLE HOUSING COMPONENTS OF A MIXED -USE, COMMERCIAL AND RESIDENTIAL DEVELOPMENT PROJECT TO BE CONSTRUCTED AND LOCATED AT 2043 N MIAMI AVE, 2045 N MIAMI AVE, 2037 N MIAMI AVE, TO BE KNOWN AS "WYNWOOD WORKS" ("PROJECT"), PROVIDED THAT THE DEVELOPER FULFILLS ALL OF THE TERMS AND CONDITIONS TO BE SET FORTH IN THE HCD/HCLC APPROVALS, WHICH SHALL BE CONSISTENT WITH THE CITY COMMISSION APPROVAL; SUCH ALLOCATION TO BE IN COMPLIANCE WITH ALL APPLICABLE FEDERAL, STATE OF FLORIDA, LOCAL, AND CITY LAWS, RULES, AND REGULATIONS FOR AFFORDABLE HOUSING PROJECTS, INCLUDING, BUT NOT LIMITED TO, THE CITY'S SEVEN (7) AFFORDABLE HOUSING BONDS PROJECTS STRATEGIES, THE TRANCHE 2 AFFORDABLE HOUSING INTENT TO REIMBURSE RESOLUTION, AND THE MIAMI FOREVER BOND VALIDATION ORDER (COLLECTIVELY, "LAWS"); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AGREEMENTS, AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY AND BOND COUNSEL, SUBJECT TO COMPLIANCE WITH ALL LAWS AND SUBJECT TO THE DEVELOPER FULFILLING ALL OF THE TERMS AND CONDITIONS TO BE SET FORTH IN THE HCD/HCLC APPROVALS, IN ORDER TO ALLOCATE THE CITY'S TRANCHE 2 MIAMI FOREVER AFFORDABLE HOUSING LIMITED AD VALOREM BOND FUNDING TO THE PROJECT; PROVIDING FOR AN EFFECTIVE DATE. Sponsor(s): Commissioner Ken Russell Notes: Pursuant to the resolution, this item became effective immediately upon adoption by the Commission. City of Miami Page 1 of 2 Printed on: 6/16/2025 City of Miami Master Report Enactment Number: R-22-0283 Links: Attachments: 12209 Exhibit A (PDF) 12209 Notice to the Public (PDF) History of Legislative File: City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Revision: Acting Body: Date: Action: Result: Legislative Division 6/29/2022 Legislative Division Review Completed Xavier Alban 7/5/2022 ACA Review Completed Marie Gouin 7/5/2022 Budget Review Completed Victoria Mendez 7/5/2022 Approved Form and Completed Correctness City Commission 7/14/2022 Meeting Completed City Commission 7/14/2022 MEETING CANCELLED Passed City Commission 7/28/2022 Meeting Completed City Commission 7/28/2022 ADOPTED Passed City Clerk's Office 8/1/2022 Rendered Completed City of Miami Page 2 of 2 Printed on: 6/16/2025