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HomeMy WebLinkAboutAgenda Item Cover PageAGENDA ITEM COVER PAGE File ID: #16654 Resolution Sponsored by: Commissioner Miguel Gabela A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), PURSUANT TO SECTION 18-85(A) OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, BY A FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE CITY MANAGER'S FINDING(S), ATTACHED AND INCORPORATED AS EXHIBIT "B," THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS FOR THE CITY OF MIAMI ("CITY") AND WAIVING THE REQUIREMENTS FOR SAID PROCEDURES; ALLOCATING FUNDING IN FORM OF A DEFERRED LOAN IN AN AMOUNT NOT TO EXCEED ONE MILLION AND 00/100 DOLLARS ($1,000,000.00) FROM THE DISTRICT 1 SHARE OF THE CITY OF MIAMI'S MIAMI FOR EVERYONE ("MFE") PROGRAM ("GRANT"), TO THE ALLAPATTAH COLLABORATIVE COMMUNITY DEVELOPMENT CORPORATION, A FLORIDA NOT FOR PROFIT CORPORATION ("DEVELOPER"), FOR THE DEVELOPER TO ACQUIRE ONE (1) PARCEL AS DESCRIBED IN EXHIBIT "C," ATTACHED AND INCORPORATED ("PROPERTY"), ON WHICH THE DEVELOPER WILL REHABILITATE THE EXISTING COMMERCIAL STRUCTURE CURRENTLY HOUSING TEN (10) SMALL BUSINESSES CENTRAL TO THE LITTLE SANTO DOMINGO HISTORIC NEIGHBORHOOD, AND TO FURTHER DEVELOP THE PROPERTY FOR A MIXED USE PURPOSE TO BE KNOWN AS 1700 NORTHWEST 36 STREET MIXED USE PROJECT ("PROJECT") THAT WILL CONTAIN NO FEWER THAN FOURTEEN (14) CITY -ASSISTED RESIDENTIAL RENTAL UNITS ON THE SECOND FLOOR OF THE EXISTING STRUCTURE FOR ELIGIBLE RESIDENTS AND REQUIRE A MIXED COMPOSITION OF ANNUAL MEDIAN INCOME ("AMI") BETWEEN FIFTY PERCENT (50%) AMI AND ONE HUNDRED TWENTY PERCENT (120%) AMI, AS PUBLISHED ANNUALLY BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, AS DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED, SUBJECT TO THE RECEIPT BY THE CITY MANAGER OF THE APPROVAL OF THE PROJECT BY THE CITY'S HOUSING AND COMMERCIAL LOAN COMMITTEE ("HCLC APPROVAL") AND SUBJECT TO THE TERMS, CONDITIONS, AND RESTRICTIONS CONTAINED HEREIN AND IN THE HCLC APPROVAL; 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, SUBJECT TO COMPLIANCE WITH ALL APPLICABLE FEDERAL, STATE OF FLORIDA, LOCAL, AND CITY LAWS, RULES, AND REGULATIONS FOR AFFORDABLE HOUSING PROJECTS AND MFE FUNDS AND SUBJECT TO THE DEVELOPER FULFILLING ALL OF THE TERMS AND CONDITIONS SET FORTH IN THE HCLC APPROVAL, IN ORDER TO ALLOCATE THE CITY'S MFE FUNDING TO THE PROJECT IN THE FORM OF A DEFERRED LOAN; PROVIDING FOR AN EFFECTIVE DATE. City of Miami Legislation Resolution Enactment Number: R-24-0400 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16654 Final Action Date:10/15/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), PURSUANT TO SECTION 18-85(A) OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, BY A FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE CITY MANAGER'S FINDING(S), ATTACHED AND INCORPORATED AS EXHIBIT "B," THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS FOR THE CITY OF MIAMI ("CITY") AND WAIVING THE REQUIREMENTS FOR SAID PROCEDURES; ALLOCATING FUNDING IN FORM OF A DEFERRED LOAN IN AN AMOUNT NOT TO EXCEED ONE MILLION AND 00/100 DOLLARS ($1,000,000.00) FROM THE DISTRICT 1 SHARE OF THE CITY OF MIAMI'S MIAMI FOR EVERYONE ("MFE") PROGRAM ("GRANT"), TO THE ALLAPATTAH COLLABORATIVE COMMUNITY DEVELOPMENT CORPORATION, A FLORIDA NOT FOR PROFIT CORPORATION ("DEVELOPER"), FOR THE DEVELOPER TO ACQUIRE ONE (1) PARCEL AS DESCRIBED IN EXHIBIT "C," ATTACHED AND INCORPORATED ("PROPERTY"), ON WHICH THE DEVELOPER WILL REHABILITATE THE EXISTING COMMERCIAL STRUCTURE CURRENTLY HOUSING TEN (10) SMALL BUSINESSES CENTRAL TO THE LITTLE SANTO DOMINGO HISTORIC NEIGHBORHOOD, AND TO FURTHER DEVELOP THE PROPERTY FOR A MIXED USE PURPOSE TO BE KNOWN AS 1700 NORTHWEST 36 STREET MIXED USE PROJECT ("PROJECT") THAT WILL CONTAIN NO FEWER THAN FOURTEEN (14) CITY -ASSISTED RESIDENTIAL RENTAL UNITS ON THE SECOND FLOOR OF THE EXISTING STRUCTURE FOR ELIGIBLE RESIDENTS AND REQUIRE A MIXED COMPOSITION OF ANNUAL MEDIAN INCOME ("AMI") BETWEEN FIFTY PERCENT (50%) AMI AND ONE HUNDRED TWENTY PERCENT (120%) AMI, AS PUBLISHED ANNUALLY BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, AS DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED, SUBJECT TO THE RECEIPT BY THE CITY MANAGER OF THE APPROVAL OF THE PROJECT BY THE CITY'S HOUSING AND COMMERCIAL LOAN COMMITTEE ("HCLC APPROVAL") AND SUBJECT TO THE TERMS, CONDITIONS, AND RESTRICTIONS CONTAINED HEREIN AND IN THE HCLC APPROVAL; 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, SUBJECT TO COMPLIANCE WITH ALL APPLICABLE FEDERAL, STATE OF FLORIDA, LOCAL, AND CITY LAWS, RULES, AND REGULATIONS FOR AFFORDABLE HOUSING PROJECTS AND MFE FUNDS AND SUBJECT TO THE DEVELOPER FULFILLING ALL OF THE TERMS AND CONDITIONS SET FORTH IN THE HCLC APPROVAL, IN ORDER TO ALLOCATE THE CITY'S MFE FUNDING TO THE PROJECT IN THE FORM OF A DEFERRED LOAN; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on April 13, 2023, pursuant to Resolution No. R-23-0178, the City of Miami ("City") created the Miami For Everyone ("MFE") Program to assist communities facing the long- term complications resulting from declared emergencies and to address the specific needs of the most vulnerable residents and businesses, through a strategy of focusing the provision of support towards priority areas of need that will further stabilize economic conditions within City Districts; and WHEREAS, The Allapattah Collaborative Community Development Corporation ("The Allapattah CDC"), is a Florida not -for -profit organization which has been working diligently since 2019 to build an Allapattah economy that works for everyone including the small businesses, entrepreneurs, and residents of Allapattah while preserving the neighborhood's unique cultural heritage ("Developer"); and WHEREAS, The Allapattah CDC submitted a grant application, attached and incorporated as Exhibit "A", to the City of Miami ("City") for MFE Program Funds in order to partially fund the acquisition of the commercial property located at 1700 Northwest 36 Street ("Property"), and to cause the rehabilitation of the Property for a mixed -use purpose, as further described in Exhibit "C", attached and incorporated; and WHEREAS, The Allapattah CDC, will rehabilitate the existing commercial structure currently housing ten (10) small businesses central to the Little Santo Domingo Historic Neighborhood, and to further develop the Property for a mixed use purpose to be known as "1700 NW 36 Street Mixed Use Project" that will contain no fewer than fourteen (14) City - assisted residential rental units on the second (2nd) floor of the structure as described in Exhibit "C," attached and incorporated ("Project"); and WHEREAS, The Allapattah CDC, will secure additional funding from Miami -Dade County and other third parties, to complete the renovation of the Property; and WHEREAS, the City's Housing and Commercial Loan Committee ("HCLC") has not yet reviewed a completed proposal for the Project in order for the Project to receive a deferred loan of MFE funds and, therefore, any City Commission approval is subject to the approval of the Project by HCLC ("HCLC Approval") and the Developer fulfilling, in a timely manner, any and all terms, requirements, and conditions set forth in the HCLC Approval; and WHEREAS, upon completion of the Project, the development will contain a minimum of fourteen (14) affordable rental units which are projected to be set aside for a mix of households earning between fifty percent (50%) area median income ("AMI") and up to one hundred twenty percent (120%) AMI, as published annually by the United States Department of Housing and Urban Development, and as specified in the final HCLC Approval letter; and WHEREAS, the City's District 1 Commissioner ("Commissioner") wishes to provide a deferred loan from the Commissioner's share of the City's MFE Program funds in an amount not to exceed One Million and 00/100 Dollars ($1,000,000.00) ("Funds") for the Project; and WHEREAS, pursuant to Section 18-85(a) of the Code of the City of Miami, Florida, as amended ("City Code"), the City Manager has made a written finding, attached and incorporated as Exhibit "B", that competitive negotiation methods and procedures are not practicable or advantageous for the City's provision of the Funds for the Project; and WHEREAS, the City Manager is requesting authority from the City Commission to negotiate and execute any and all documents necessary, all in forms acceptable to the City Attorney, for the allocation of the Funds for the Project; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble of this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. Pursuant to Section 18-85(a) of the City Code, by a four -fifths (4/5ths) affirmative vote, after an advertised public hearing, the City Manager's written finding, attached and incorporated as Exhibit "B", that competitive negotiation methods and procedures are not practicable or advantageous for the City's provision of the Funds for the Project and waiving the requirements for said procedures, are hereby ratified, approved, and confirmed. Section 3. The City Manager is authorized' to allocate the Funds from the Commissioner's share of the City's MFE Program funds to The Allapattah Collaborative CDC for the Project. Section 4. The City Manager is further authorized' to negotiate and execute any and all documents necessary, modifications, and amendments, all in forms acceptable to the City Attorney, for said purpose. Section 5. Subject to the receipt by the City Manager of the HCLC Approval and the requirements contained therein and in this Resolution, the City Commission hereby authorizes' and directs the City Manager to allocate funding in the form of a deferred loan in an amount not to exceed One Million and 00/100 Dollars ($1,000,000.00) in MFE funds for the Project being developed by The Allapattah CDC, provided that The Allapattah CDC fulfills any and all terms and conditions set forth in the HCLC Approval and subject to compliance with all Laws. Section 6. Subject to the receipt by the City Manager of the HCLC Approval, the City Manager is authorized' to negotiate and execute any and all necessary documents, including amendments, extensions, and modifications, all in forms acceptable to the City Attorney, subject to compliance with all Laws and subject to the Developer fulfilling all of the terms and conditions of the HCLC Approval, in the form of a deferred loan to the Developer. Section 7. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: ge Wy j ng III, C y tor 10/1/2024 e - ge Wy j ng III, C y tor -y 11/18/2024 1 The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to, those prescribed by applicable City Charter and City Code provisions.