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HomeMy WebLinkAboutBack-Up DocumentsCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Arthur Noriega V. Date: December 22nd, 2022 City Manager FROM: George Mensah/N Director SUBJECT: Home Sale District 5 BACKGROUND The City of Miami ("City") is the owner of the properties described in Exhibit "A", attached and incorporated (collectively, "Properties"), which are currently being developed into affordable housing. Once the homes on the Properties are fully constructed, they will be sold, at or below cost, for affordable homeownership housing to eligible applicants whose annual income is equal to or less than eighty percent (80%) of area median income as published annually by the United States Department of Housing and Urban Development ("Qualified Applicants"), through purchase and sale agreements, quit claim deeds containing automatic reverter provisions, and restrictive covenants running with the land, in compliance with 24 CFR Part 92, also known as the Home Investment Partnerships Program ("HOME Program"). Each home's purchase price cannot be more than the maximum purchase price for new construction as published by the United States Department of Housing and Urban Development. The affordable housing restrictions and automatic reverter provisions contained in the conveying instrument(s) shall require that the Properties automatically revert to the City if the Properties are used in a manner that is inconsistent with the requirements of the HOME Program during the thirty (30) year term. Section 29-B(a) of the Charter of the City of Miami, Florida, as amended ("City Charter"), provides for the waiver of competitive bidding and other requirements when "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 Qualified Applicants shall be selected by a lottery/random draw, which shall feature a City resident preference. RECOMMENDATION In light of the above stated, approval of a waiver of the formal requirements of competitive sealed bidding methods as not being practicable or advantageous to the City as set forth in the City Code of Ordinance, as amended, specifically Section 18-85 (A), and the affirmation of these written findings and the forwarding of the same to the City Commission for ratification by a four -fifths vote is respectfully requested. {APPROVED: ❑ DISAPPROVAL: Arthur No i ga V., City Manager �� Exhibit A Address Legal Description Type of Home to be constructed 5515 NW 1 Court 13 53 41. 13 AC BEG 15 FTN & 2036.97 FTW OF SE COR W142FT N13QFT W65FT N222.24FT TO 2 Twin -Homes POB E100FT S60FT W100FT N6OFT TO POB LOT SIZE 60.000X100 OR 14567 -196 0590 3 276 NW 53 Street 24 53 41 PB 3-183 RAILWAY SHOPS ADD 2ND and LOT 3 BLK 16 2 Twin -Home LOT SIZE SITE VALUE OR 16903-648 0795 3 1461 NW 60 Street 14 53 41 ORANGE HGTS PB 14- 62 LOT 22 BLK 9 LOT SIZE 50.000X106 COC 26234-0457 02 2008 3 2 Twin -Home 5435 NW 1 Court 13 53 41. 12 AC N53FT OF COM AT A PT 15FTN OF & 2036.97FTW OF SE COR OF SEC 13 53 41 TH W142FT N130FT FOR POB W65FT N162.24FT E100FT 5162.97FT W35FT TO POB LOT SIZE 53.000X100 OR 14567-196 0590 3 2 Twin -Home 779 NW 57 Street PINE HIGHLANDS PB 17-20 LOT 7 BLK 1 LOT SIZE 50.000105 COC 25985-3494 10 2007 3 Single Family Home 169 NW 35 Street 25 53 41 WYNDWOOD PARK PB 5-23 LOT 16 BLK 2 LOT SIZE 50.000X100 OR 16326-3280 0294 3 Single Family Home