HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-23-0071
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 13419
Revision:
File Type: Resolution
File Name: Transfer of MFB Dollars - Affordable Housing
Project
Status: ADOPTED
Controlling Body: City Commission
Introduced: 1 /31 /2023
Requesting Dept: Commissioners and Mayor Final Action Date: 2/9/2023
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
REPLACEMENT OF THE PROPERTIES LOCATED AT 2293 SW 17 TERRACE (A) AND
2293 SW 17 TERRACE (B) ORIGINALLY SELECTED TO BE DEVELOPED AS
AFFORDABLE SINGLE-FAMILY HOMES IN DISTRICT 4 WITH THE PROPERTIES
LOCATED AT 700 SW 63 AVENUE AND 632 SW 63 AVENUE IS AUTHORIZED
("UPDATED PROJECT"); AUTHORIZING AND DIRECTING THE CITY MANAGER TO
FUND, ON A REIMBURSEMENT BASIS, THREE HUNDRED EIGHTY-THREE
THOUSAND, FIVE HUNDRED THIRTY-EIGHT AND 56/100 DOLLARS ($383,538.56)
FROM THE DISTRICT 4 COMMISSIONER'S SHARE OF MIAMI FOREVER
AFFORDABLE HOUSING LIMITED AD VALOREM BONDS ("MIAMI FOREVER
AFFORDABLE HOUSING BONDS" ) TO DEVELOP THE PROPERTY LOCATED AT
632 SW 63 AVENUE AS AN AFFORDABLE SINGLE-FAMILY HOME, SUBJECT TO ALL
FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH
FUNDS; AUTHORIZING THE CITY MANAGER TO RE -ALLOCATE AND
APPROPRIATE THREE HUNDRED EIGHTY-THREE THOUSAND, FIVE HUNDRED
THIRTY-EIGHT AND 56/100 DOLLARS ($383,538.56) IN PARK IMPACT FEES TO THE
FAIRLAWN COMMUNITY PARK PROJECT, OFFICE OF CAPITAL IMPROVEMENTS
("OCI") PROJECT NO. 40-B233506; AUTHORIZING AND DIRECTING THE CITY
MANAGER TO FUND, ON A REIMBURSEMENT BASIS, FOUR HUNDRED FIFTEEN
THOUSAND, NINE HUNDRED TWENTY-SIX AND 50/100 DOLLARS ($415,926.50)
FROM THE DISTRICT 4 COMMISSIONER'S SHARE OF MIAMI FOREVER
AFFORDABLE HOUSING BONDS TO DEVELOP THE PROPERTY LOCATED AT 700
SW 63 AVENUE AS AN AFFORDABLE SINGLE-FAMILY HOME, SUBJECT TO ALL
FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH
FUNDS; AUTHORIZING THE CITY MANAGER TO TRANSFER THREE HUNDRED
NINETY-SIX THOUSAND, TWENTY AND 50/100 DOLLARS ($396,020.50) IN CDBG
FUNDS TO THE DISTRICT 4 ACCOUNT TO BE ALLOCATED BY SEPARATE
RESOLUTION TO ELIGIBLE CDBG PUBLIC WORKS ACTIVITIES; AUTHORIZING THE
CITY MANAGER TO RE -ALLOCATE AND APPROPRIATE NINETEEN THOUSAND,
NINE HUNDRED SIX AND 00/100 DOLLARS ($19,906.00) IN PARK IMPACT FEES TO
THE FAIRLAWN COMMUNITY PARK PROJECT, OCI PROJECT NO. 40-B233506;
AUTHORIZING THE DE -OBLIGATION OF HOMEOWNERSHIP INVESTMENT
PARTNERSHIP PROGRAM ("HOME") FUNDS FROM THE UPDATED PROJECT AND
FUNDING OF THE UPDATED PROJECT, ON A REIMBURSEMENT BASIS, WITH ONE
MILLION, SEVEN HUNDRED SIXTEEN THOUSAND, THREE HUNDRED TWENTY-
TWO AND 00/100 DOLLARS ($1,716,322.00) IN MIAMI FOREVER AFFORDABLE
HOUSING BONDS FROM THE DISTRICT 4 COMMISSIONER'S SHARE, SUBJECT TO
ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH
FUNDS; THE DE -OBLIGATED HOME FUNDS WILL BE RE -ALLOCATED AND
APPROPRIATED TO AN ELIGIBLE PROJECT(S) WITHIN THE CITY'S DISTRICT 4, BY
SEPARATE CITY ACTION, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS
THAT REGULATE THE USE OF SUCH FUNDS AND THE RECEIPT OF ALL
NECESSARY APPROVALS INCLUDING, BUT NOT LIMITED TO, HCD AND HCLC
City of Miami Page 1 of 2 Printed on: 6/26/2025
City of Miami
Master Report
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Enactment Number: R-23-0071
APPROVALS; DECLARING THE CITY'S OFFICIAL INTENT TO ISSUE TAXABLE
MIAMI FOREVER AFFORDABLE HOUSING BONDS, IN ONE OR MORE SERIES, TO
THE EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, RULES, AND
REGULATIONS REGARDING THE MIAMI FOREVER AFFORDABLE HOUSING
BONDS, AND USE A PORTION OF THE MIAMI FOREVER AFFORDABLE HOUSING
BONDS IN THE TOTAL AMOUNT OF TWO MILLION, FIVE HUNDRED FIFTEEN
THOUSAND, SEVEN HUNDRED EIGHTY-SEVEN AND 06/100 DOLLARS
($2,515,787.06) TO REIMBURSE THE CITY FOR FUNDS ADVANCED BY IT FOR
EXPENDITURES INCURRED AND TO BE INCURRED WITH RESPECT TO THE
UPDATED PROJECT AND THE PURPOSES STATED HEREIN; THE USE,
ALLOCATION, AND APPROPRIATION OF THE MIAMI FOREVER AFFORDABLE
HOUSING BONDS ARE SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS
THAT REGULATE THE USE OF SUCH FUNDS AND THE RECEIPT OF ALL
NECESSARY APPROVALS, INCLUDING, BUT NOT LIMITED TO THE CITY
ATTORNEY AND BOND COUNSEL APPROVAL; AUTHORIZING THE CITY MANAGER
TO MAKE ANY CHANGES TO ADJUST, AMEND, AND APPROPRIATE THE
CITY'S OPERATING BUDGET, FIVE-YEAR FINANCIAL PLAN, STRATEGIC PLAN,
AND MULTI -YEAR CAPITAL PLAN, AS NECESSARY AND APPLICABLE, PURSUANT
TO THE PROVISIONS OF THIS RESOLUTION; AUTHORIZING, RATIFYING,
APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY THE CITY
MANAGER AND THE DESIGNATED CITY DEPARTMENTS TO UPDATE THE
RELEVANT FINANCIAL CONTROLS, PROJECT CLOSE-OUTS, ACCOUNTING
ENTRIES, AND COMPUTER SYSTEMS IN CONNECTION HEREWITH; AUTHORIZING
THE CITY MANAGER TO NEGOTIATE AND EXECUTE, ANY AND ALL DOCUMENTS,
INCLUDING, BUT NOT LIMITED TO, AGREEMENTS, AMENDMENTS,
MODIFICATIONS, AND MEMORANDUM OF UNDERSTANDING, ALL IN FORMS
ACCEPTABLE TO THE CITY ATTORNEY, NECESSARY FOR THE PURPOSES
SATED HEREIN.
Sponsor(s): Commissioner Manolo Reyes
Notes:
Links:
Attachments: 13419 Pre -Legislation (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Legislative Division 1/31/2023 Legislative Division Review Completed
Xavier Alban 1/31/2023 ACA Review Completed
Donovan Dawson 1/31/2023 Budget Analyst Review Completed
Marie Gouin 1/31/2023 Budget Review Completed
Larry M. Spring 1/31/2023 Assistant City Manager Review Completed
Victoria Mendez 1/31/2023 Approved Form and Completed
Correctness
City Commission 2/9/2023 Meeting Completed
City Commission 2/9/2023 ADOPTED Passed
Mayor's Office 2/17/2023 Signed by the Mayor Completed
City Clerk's Office 2/17/2023 Signed and Attested by the City Completed
Clerk
City Clerk's Office 2/17/2023 Rendered Completed
City of Miami Page 2 of 2 Printed on: 6/26/2025