Loading...
HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #18200 Date: 10/08/2025 Commission Meeting Date: 11/20/2025 Type: Resolution Subject: Allocate - Additional Funds - Infill Project D1 Purpose of Item: Requesting Department: Department of Housing and Community Development Sponsored By: Miguel Gabela District Impacted: District 1 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT, ALLOCATING ADDITIONAL FUNDS, USING THE SALE PROCEEDS INCOME GENERATED FROM THE SALES OF INFILL TWIN HOME UNITS LOCATED IN DISTRICT 1, IN THE AMOUNT OF $153,100.00 TO COVER THE PROJECT COST OVERRUNS, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORTED; FUTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATION, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE. Background of Item: On April 1, 2021, the City of Miami ("City") issued a Request for Proposals ("RFP") inviting qualified private real estate developers to propose developments of single-family homes and/or twin homes on certain City -owned parcels of land (collectively, "Project"). On July 8, 2021, pursuant to Resolution No. R-21-0281, the City Commission accepted the proposals received May 17, 2021, pursuant to RFP No. HCD 2021-03, from RJ Spencer and RF Construction Group. On September 13, 2021, pursuant to Resolution No. R-21-0352, the City Commission approved the allocation of American Rescue Plan Act of 2021 ("ARPA") funds in the amount of $137,639,417.00, which included an amount of $15,500,000.00 to the Department of Housing and Community Development ("Department") On January 11, 2024, pursuant to Resolution No. R-24-009, the City Commission allocated an initial $1,000,000.00 from the total $2,750,000.00 allocated in R-21-0352 to develop single family and twin homes in various Districts, included District 1. On March 2025, RJ Spencer and RF Construction Group (collectively, "Developers") informed the city that the project's actual cost surpassed its original budget. City of Miami File ID: 18200 I2eiision: A--rinted On: 1/11/2026 Due to unforeseen events, specifically, economic fluctuations, supply chain issues, changes in labor costs, has led to the cost overruns of the project. City's Administration recommends the allocation of additional funds, using the sale proceeds income generated from the sales of twin home units located in District 1, in the amount of $153,100.00 to cover the project cost overruns, as specified in Exhibit "A" attached and incorporated. Budget Impact Analysis Total Fiscal Impact: Total Fiscal Impact: $153,100.00 Reviewed B Department of Housing and Community Development Review Completed 10/08/2025 12:11 PM Office of Management and Budget Luis Hernandez -Torres Office of Management and Budget City Manager's Office City Manager's Office City Manager's Office Legislative Division Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk Legislative Division Office of the City Attorney Office of the City Attorney Office of the City Clerk Marie Gouin Erica T. Paschal Natasha Colebrook -Williams Arthur Noriega V Valentin J Alvarez Raymond Pereira George K. Wysong III Maricarmen Lopez Mayor's Office City Clerk's Office Valentin J Alvarez Raymond Pereira George K. Wysong III City Clerk's Office Victor Turner Budget Analyst Review Budget Review Assistant City Manager Review Deputy City Manager Review City Manager Review Legislative Division Review ACA Review Approved Form and Correctness Meeting Signed by the Mayor Department Head Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed Signed and Attested by the City Clerk Completed Legislative Division Review Completed ACA Review Approved Form and Correctness Rendered Completed Completed Completed 10/08/2025 1:28 PM 10/09/2025 3:05 PM 10/09/2025 3:56 PM 10/10/2025 2:18 PM 10/10/2025 4:41 PM 10/13/2025 4:20 PM 11/10/2025 2:33 PM 11/10/2025 5:39 PM 11/20/2025 9:00 AM 11/26/2025 6:23 PM 11/26/2025 6:52 PM 12/05/2025 10:58 AM 12/22/2025 3:44 PM 01/14/2026 1:10 PM 01/14/2026 4:47 PM City of Miami File ID: 18200 I2eiision: A--rinted On: 1/11/2026 City of Miami Legislation Resolution Enactment Number:R-25-0471 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 18200 Final Action Date: 11/20/2025 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING ADDITIONAL FUNDS, USING THE SALE PROCEEDS GENERATED FROM THE SALES OF INFILL TWIN HOME UNITS LOCATED IN DISTRICT 1, IN THE AMOUNT OF $153,100.00 TO COVER THE PROJECT COST OVERRUNS, IN ORDER TO DEVELOP THE TWIN HOMES AS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATION, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, on April 1, 2021, the City of Miami ("City") issued a Request for Proposals ("RFP") inviting qualified private real estate developers to propose developments of single- family homes and/or twin homes on certain City -owned parcels of land (collectively, "Project"); and WHEREAS, on July 8, 2021, pursuant to Resolution No. R-21-0281, the City Commission accepted the proposals received May 17, 2021, pursuant to RFP No. HCD 2021- 03, from RJ Spencer Construction LLC, a Florida Limited Liability Company, and RF Construction Group Inc., a Florida profit corporation (collectively, "Developers"); and WHEREAS, on March 2025, the Developers informed the City that the Project's actual cost surpassed its original budget due to unforeseen events, specifically, economic fluctuations, supply chain issues, and changes in labor costs; and WHEREAS, City's Administration recommends the allocation of additional funds, using the sale proceeds generated from the sales of twin home units located in District 1, in the amount of $153,100.00 to cover the Project's cost overruns, as specified in Exhibit "A," attached and incorporated; 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. The allocation of additional funds, using the sale proceeds generated from the sales of twin home units located in District 1, in the amount of $153,100.00 to cover the Project's cost overruns, as specified in Exhibit "A" attached and incorporated, is authorized.' City of Miami File ID: 18200 I2elision: A--rinted On: 1/11/2026 Section 3. The City Manager is authorized to execute any and all necessary documents, including amendments, extensions, and modifications, all 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: ge Wy j ng I II, C y ttor 11/10/2025 a ge Wy j ng )(la y ttor y 1/14/2026 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 File ID: 18200 I2elision: Allrinted On: 1/11/2026