HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-25-0488
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 18476
Revision:
File Type: Resolution
File Name: Execute - Estoppel Certificate - Dulce Vida
Apartments
Requesting Dept: Commissioners and Mayor
Status: ADOPTED
Controlling Body: City Commission
Introduced: 11/5/2025
Final Action Date: 11/20/2025
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO EXECUTE AN ESTOPPEL CERTIFICATE
("CERTIFICATE"), IN SUBSTANTIALLY THE FORM ATTACHED AS EXHIBIT "A," BY
THE CITY OF MIAMI ("CITY") FOR THE BENEFIT OF DULCE VIDA APARTMENTS,
LLC ("COMPANY"), AHP HOUSING FUND 402, LLC, A DELAWARE LIMITED
LIABILITY COMPANY ("INVESTOR MEMBER"), AND CITIBANK, N.A., A NATIONAL
BANKING ASSOCIATION ("LENDER"), TO TRANSFER ITS INTEREST IN THE
COMPANY WITHOUT THE CONSENT OF THE CITY OF MIAMI IN ACCORDANCE
WITH THE TERMS AND CONDITIONS OF THE CERTIFICATE AND CONFIRMING
THE CITY'S RIGHT OF REVERSION CEASES AT THE COMPLETION OF
CONSTRUCTION OF THE INCOME -RESTRICTED RESIDENTIAL UNITS; FURTHER
AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS,
INCLUDING AMENDMENTS AND MODIFICATIONS TO SAID CERTIFICATE, ALL IN A
FORM ACCEPTABLE TO THE CITY ATTORNEY.
Sponsor(s): Commissioner Miguel Angel Gabela
Notes:
Links:
Attachments: 18476 Exhibit (PDF)
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Andrew Frey
Donovan Dawson
Leon P Michel
Legislative Division
Jihan Soliman
George K. Wysong III
City Commission
City Commission
Mayor's Office
City Clerk's Office
11/5/2025
11/6/2025
11/7/2025
11/7/2025
11/10/2025
11/10/2025
11/20/2025
11/20/2025
11/24/2025
11/24/2025
City Clerk's Office 11/24/2025
DREAM Review
Budget Analyst Review
Budget Review
Legislative Division Review
ACA Review
Approved Form and
Correctness
Meeting
ADOPTED
Signed by the Mayor
Signed and Attested by the City
Clerk
Rendered
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Passed
Completed
Completed
Completed
City of Miami Page 1 of 1 Printed on: 11/24/2025