HomeMy WebLinkAboutR-25-0337City of Miami
Resolution R-25-0337
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17771 Final Action Date: 9/11/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
BY A FOUR -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED
PUBLIC HEARING, PURSUANT TO SECTION 29-B(A) OF THE CHARTER OF
THE CITY OF MIAMI, FLORIDA, AS AMENDED, AND SECTION 18-72(B) OF
THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED,
AUTHORIZING THE SALE, WITH AFFORDABLE HOUSING RESTRICTIONS
AND AUTOMATIC REVERTER PROVISIONS, OF THE PROPERTIES
APPROXIMATELY LOCATED AT 1755 NORTHWEST 2 COURT, 1544
NORTHWEST 58 TERRACE, 1465 NORTHWEST 60 STREET, AND 411
NORTHEAST 69 STREET, MIAMI, FLORIDA, AS MORE PARTICULARLY
DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED, TO
QUALIFIED APPLICANTS IN COMPLIANCE WITH THE REQUIREMENTS OF
THE CITY OF MIAMI'S FOREVER AFFORDABLE HOUSING LIMITED AD
VALOREM BOND FUNDS ("MFB") AND AMERICAN RESCUE PLAN ACT
("ARPA") (COLLECTIVELY, "FUNDS") AS MAY BE AMENDED, AND ANY
OTHER APPLICABLE FEDERAL, STATE, AND LOCAL LAWS, RULES, AND
REGULATIONS; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND
EXECUTE ANY AND ALL NECESSARY DOCUMENTS, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE.
SPONSOR(S): Commissioner Christine King
WHEREAS, the City of Miami ("City") is the owner of the properties located at 1755
Northwest 2 Court, 1544 Northwest 58 Terrace, 1465 Northwest 60 Street and 411 Northeast 69
Street, Miami, Florida (collectively, "Properties"), which are currently being developed into
affordable housing; and
WHEREAS, 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 which range from up to one hundred twenty percent (120%) up to one hundred forty
percent (140%) 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 the requirements of the City's Miami
Forever Affordable Housing Limited Ad Valorem Bond Funds, and American Rescue Plan Act,
program, (collectively, "Funds"); and
WHEREAS, each home's purchase price cannot be more that the maximum purchase
price for new construction as published by the United State Department of Housing and Urban
Development; and
WHEREAS, the affordable housing restrictions and automatic reverter provisions
contained in the conveying instrument(s) shall require that the Properties automatically revert to
City of Miami Page 1 of 2 File ID: 17771 (Revision:) Printed On: 9/29/2025
File ID: 17771 Enactment Number: R-25-0337
the City if the Properties are used in a manner that is inconsistent with the requirements of the
Programs during the thirty (30) year term; and
WHEREAS, 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 and when
"conveying property to implement housing programs or projects which are intended to benefit
persons or households with low and/or moderate, the criteria of which to be provided for the
federal and/or state law or by the city commission"; and
WHEREAS, the Qualified Applicants shall be selected on a first ready, first serve basis,
and by requiring proof of the City of Miami residence as a condition of applicant eligibility,
except for current City or Miami -Dade County first responders (including police, fire, and
emergency medical personnel); and
WHEREAS, the City's Administration recommends the sale, with affordable housing
restrictions and automatic reverter provisions, of the Properties to Qualified Applicants in
compliance with the City's Programs;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. By a four -fifths (4/5ths) affirmative vote, after an advertised public hearing,
pursuant to Section 29-B(a) of the City Charter and Section 18-72(B) of the Code of the Miami,
Florida, as amended ("City Code"), the sale, with affordable housing restriction and an
automatic reverter provision, of the Properties to Qualified Applicants, in compliance with the
City's Program, is authorized.
Section 3. The City Manager is authorized' to negotiate and execute the any and all
necessary documents in forms acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
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1 The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to those prescribed by applicable City Charter and City Code
provisions.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File ID: 17771 (Revision:) Printed on: 9/29/2025