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HomeMy WebLinkAboutO-08511otoet Ak tso: _,...011_.... �.....,.w .... :AN EMtAdt 'e OAbfgANC- E A'TROR t1Nd THE . I26UANtE ttittltdt 'TO APPROVAL OP TI-t2 ELECTORS AT THE ELECTIONIEI EIN PRO= Vitt') FOR,> ' OF. $ 25 r 000, O00 i1otis INCH tatbt Oi: THE CITE' OF MIAMI) PLORIDA, i 6R Ti#E PURPOSE OP PROVIIitNG HODSINd IN. THE CITE Oi MIAi I FOR FAMILIES AND PEitSONS, Iilatb ING THE ELDERLY, Off' LOW INCOME, B ASSISTING bADE COtJNTY IN FINANCIMG THE COST 'THEREOF`; PROVIDING THAT THIS ORDINANCE SHALL CO INTO EFFECT IMMEDIATELY UPON ITS PASSAGE; DECLARING AN EMERGENCY AND DISPENSING WITH THE READING OF THIS ORuINANCE'ON TWO SEPARATE ,DAYS BY A VOTE OF NOT LESS THAN FOUR-FIFPHS OF THE COMMISSION. BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDAt Section 1. The Commission of The City of Miami has determined and does hereby find and declare that: (a) there exists in The City of Miami a serious shortage safe and sanitary dwelling accommodations available at rents and costs which families and persons, including the elderly,of lowincome, can afford and that the shortage of such dwelling,ac- commodations cannot' be relieved through Federal housing programs as presently administered or through existing public or private housing programs without the assistance provided herein and such shortage of dwelling accommodations constitutes a menace to the health, safety, morals and welfare of the people of the City, impairs economic values and imposes excessive burdens upon • the City' financing of public works and facilities; (b) the term "families and persons, includingthe elderly, of low income" as used in this Ordinance is intended to embrace families and persons having incomes which under applicable law. makes them legally eligible for the housing that shall be assisted under the provisions of this Ordinance; (c) since adequate federal, state and private resources are presently not available to relieve such shortage, it is necessary and in the public interest for The City of Miami to issue its bonds. to relieve such shortage of safe and sanitary dwelling accommodations by providing financial assistance which shall result in the pro- duction within the City of the greatest feasible volume of housing for families and persons, including the elderly, of low .income, promptly as practicableF (ci) Dade Count;r (the.' "Co'.X;?t .y ) is Oi:.:'. nitei.i, . ettiDo tiered and capable of ptovidi.ng Sudh housingy .and' he dity of Miarr i and the' County are autho `ito,4 undo applicable law to enter ii tb agreements cwihereby, the County shall a-gree to provide such housiiig and the city shall agree to irovide financial and other assistance :withrespect to such ' housing,, such assi.stande being, presently contemplated to include, in addition to any other assistance that shall be agreed ,upon, the use of the proceeds of such bonds to in- crease the security and marketability of any obligations that may be issued -by. the County to finance such housing; and (e) no such financial assistance shall be provided by the City with respect to any such housing unless the county shall determine, and the city shall concur in such determination, that such housing shall be self-liquidating in that the cost of such housing, including the payment of. principal of, and interest on the obligations issued or'incurre'd.by the county for financing such housing, can be paid in full :roe: rents, charges'and fees collected by' the county and from federal, state and private assistance and other income and monies available therefor (exclusive of any proceeds of said bonds of the city); and .(f) that the shortage of such safe and sanitary dwelling accommodations constitutes an emergency making this Ordinance an emergency ordinance within the meaning of Section 166.041(3)(b)', Florida Statutes. Section 2. For the purpose of orovi ding housing in The City..of Miami, for families and persons, including the elderly, low income, a, `such term is defined in Section 3 of this Ordi, aaoe, by u6 ing the prod:=v 1s and , T..74t% 3tabii' t'r SL:ch bonds to . Lncrease he )b? i-ations that .>':all be is )1a3by Dada of the dhaftef of the City of Miathi, as amended , and the bode of The City of Miami) as amended, subject to the approVal of the electors at the election hereinafter ,providedfob`, bonds of The city of Miami in an aggregate principal amount not exceeding T'wenty.f'ive Million Dollars ($25,000,000), such bonds to be issued at one time of from time to tithe and to mature in annual installments not exceeding thirty (30) years froth their respective date or dates, it being estimated and declared by the Commission of the City of Miami that the probable life ofsaid housing.is more'than thirty (30) years after the completion of construction or rehabilitation of said housing. Such bonds shall be issuable as coupon bonds in denominations of $5,000 each and as'registered bonds without coupons in denominations of $5,000 each or any multiple thereof and shall bea r .,interest at'a rate or rates not exceeding the maximum lawful rate as shall be determined at the time of sale thereof, such interest being payable semi-annually. The.Commission-ofthe- City -reserves the right to make -all or, a part of such bonds redeemable prior'to their respective maturities at such times and prices and under such terms and conditions as may be - fixed by resolution, prior, to the sale of the bonds. Section 3. The term "families and persons,, including the elderly, 'of low income",as used herein shall mean and include families or persons whose income is not sufficient to enable them, without financial assistance, to live, in decent, safe and sanitary dwellings without over crowding in The City of Miami. Such term,'for the purposes of this Ordin ance and with respect to any housing assisted by the City hereunder', is. intended (i) to include only such families and persons whose.annual income. with any rent supplements, grants or other assistance provided by any., federal, state or private agencies shall be at least sufficient to enable them to'pay,the:rent or other costs for such housing and,(ii) to exclude any families or persons whose, annual income' shall be at so high a. level that the city cannot under any then existing law assist housing which is available for occupancy by such families of persons' It is presehtly estimated, upon the basis of housing costs and tents and family and etsonal inconlesb that a of the.families and the � substantial segment petsohs in The City of Miami are families andpersons of low income► as such team is Used herein. Section 4, The city of Miami shall entet into one or mote agreements with the County providing for' the application of the proceeds of such bonds in accordance with the provisions of this Ordinance, Such agreement or agreements shall provide that such proceeds shall be held in a trust fund and invested and earnings and lossesshallbe credited and shall further provide that all or reinvested by the City and the or charged to such trust fund any portion of•the money in such trust fund may be pledged to secure such obligations (the "County Obligations") as shall be mutually agreed upon which are issued by the County from time to time to acquire, construct and rehabilitate housing in the city of Miami for families and persons, including the elderly, of low income. Money in such trust fund shall be transferred by the City, in accordance with such agreement or agreements, to the credit f one or more debt service or similar reserve funds which shall be established under the proceedings for the issuance of, or the trust agreemnt, if any, securing, such County Obligations. Such transfers of money shall be made by the City at such time or times and in such amounts as shall be necessary to make up deficiencies, if any, in such reserve fund or funds, and otherwise as shall be proviied in such agreement or agreements. Section 5. For the prompt payment of the principal of and the interest on such bonds, there shall be levied and collected annually a general tax upon 411 taxable property within The City of Miami, over and above all other taxes authorized to be levied by the City, sufficient to pay such„ tificipal and interest as the t'`ate respectively become due :and payable. Section 6. A special election 'is hereby oat1.ed to be held On the 9th day of March, 1976, for"" the., purpose Of Submitting to . the e lectors of the'City.authori2ed by law to'participate in such election the question whether such bonds shall- be isstted: Section 7. Pursuant to Section 58 of the Charter of the City, this Ordinance shall go into effect immediately upon its passage'and shall not be 'subject to the -right of: -referendum. Section 8. 'The requirement of reading.this Ordinance on two separate days.is hereby dispensed with by a vote,. of net less than four - fifths of'the members of the Commission and this Ordinance, being an emergency ordinance as determined hereinabove, shall not be subject to the requirements of Section 166.041(3)(a),:Florida.Statutes ,(such four -fifths vote being more than the two-thirds vote required .for.the enactment of emergency ordinances by Section 166.041(3).(b), Florida Statutes). PASSED AND ADOPTED this 22nd day of January 1976. MAURICE A. FERRE MAYOR APPROVED AS TO FORM AND CORRECTNESS: Cohn S. Lloyd `G N't7c.6:r='1dt MtMOO:.at.ibUM BAN 6 ;.,..-,•:le s`ery erS.of the City G"`:r issLoft I r�''; ,f✓' L. etc 44 ' Fr a W 3 :-- e:•rs rnbv. , Cif!,? Vataget • sU.4.4.cT'. FEFfas+ces- kNcLt46UREs, i is£ Housing Hand IsSUe Agenda Item 1414 a & b yy YYs:^^� "A ritt;her of i:�.ee.tings haVe been held b." et;een City staff and mer' rs e , Y . C. r e - se of studying the ran; avas lable iastab�.s`+� by the City Crrrfu.ssiori nor purpose to assist in providing housinng for fzrnilies eligible for this housi:-tg un4er Criteria set by the statutes. of the State of 'Florida. The result of those meetings is a propose Bond'Issue forThe housing. :for housing in the City, is critical,' as you are w•11 aware: It'is'felt a Hond Issue such as the one.being proposed is one way ,of helping to resolve seine ne9 s in the City . . The Hc. Issue will attempt,' within j :e l i- pits of the, :housing housing traditionallY ad itionall � acdress itself to providing h.,:,l.�a.ng beyond what has b�.rn y vi d bi -pro- "public housing . " The amount involved in . this Bond Issue would be appro:• i- ate ly - 25 million .dollars . i:nis arount, however, could ,sit')f.y, in the opinion of our bond experts, anywhere from' 100 to 200 Lmillion. dollars worth_ of a p-sa��e o,.f housing by using the 25 pillion dollars as' a "reserve fund. The i Lt which the this Bond Issue and the successful'is-mple„entation of 'resulting housing prccgrarn would have on the depressed construction industry in .the City. of Miarrd. ;,ill ba most- favorable. Fur`.ern rc,, passage ,of. this Bona Issue will also be an indication to the' Federal Gr lerr.:n:':ent of the great extent of iccal initiative and ccir! 'ent to the Housing \ssis ice Program under the Community Ceve1op,'"'i1L'nt ACt. TheCif : 's EonCounsel is presently drafting the wording of' the B:.nd Issue whi :h tre feel. should d have though not. be 1imIted . to, the following capabilittrs : • 1. to riirchase ate./or cors3errn lard on which to build housing. To create a Fool of funds to be utilized for the acquisition of land, which could b-e lc s l at $.1.00 per yeer to i•et-o litan Dade: County Depart.:ent, of Hous- ing ar 1 Urban Ceveloprent (Little HUD) , The TP`;sed Housing Corr -oration of '.Dade County (Leased Housing), and/or any other public and/Or non-profit entity which will build housing. To acquire land and eonstruz:. housing . the n , which would be owned by the City of Miami,. but Would ra anaged grid c e ated by Little HUD and/or TaASed Housing. 2. To cc��et housing • in conjunction with Little 'HUD,' and/or Teed ns=r ,. and/or any other. public .or non-profit entity 'created for the -p .se of carrying out tre City's goal to provide housing. - -- such fund.s'. in • connection. with housing developed ' a /c= Little HUD in conrecticn with the presently e:dsti ng F: .e:aL ::rogra.'n car:mo nay 1-scan .as ✓3ctlon 8, and/or .1Sn cone{•+•i' n 1. i. th any. other pr x r-arrs presently being utilized d by Little I-. o; ,r h r' e •Ii' �,:?"-�� ;`•� n <'3L`.+":.'r b:.' nl�1i t.%:i .,''. Little FIt;D c a a result at _ i cll:erdec:. Honorable i if rtte S of the City t Commi.s s ion JANi 6 Ws ' land, the construction of l] � TO utilize Su+.:. funds for the acquisition . ofdirectly j prbv sreents and the maintenance of such improvements, either or indirectly withLittle HUD and/or. other, p.:blic ot ton=ptofit corpora- tion, which furls would be used in conjunction with other funds, which may be borrC:4ed as a result of the developing entity utilizing applicable J~ederal.programs presently existing ot hereinafter enacted by the tepart- vent of Housing and Urban beve1opment, such as the FRA 211 (d) 4 program, the Section 202 program, or other appropriate programs. 5. To utilize such funds for purposes of rehabilitation of existing structures. The Law Department i5 presently preparing the necessary resolution and/or legal docu- ments which gray be required to place this Bond Issue before the public on narch 9. These will be on the Commission Agenda for January 22. However, it is recommended that the Commission at this time pass a resolution directing the City Clerk to request from the Dade Gouty Board of Elections that space be reserved on the March 9 ballot for purposes of this City Frond Issue: 1 MIAMI INtVI W ANti bAMLV 3Edokb Patts)ed batty ticept Stiff/MO.' Sufitddy tout Legal fotiJaya Mtth ty bade' f;ouhty, Ptoizda k1AtE OF tLokiDA' • CiiUNW DP DADE: betbre the undersigned _authcrlt' personally ep- Peared Martha brobnle, who on With says that the § the V.P., Legal Ads bi the Miam1 Review and • Daily Retord, a daily (except, Saturday, Sunday end Legal _Holiday':) newspaper published at Merril In Dada County Florida' that the attached copy of adver, tisement, being a Legal Advertisement or Notice In ..the Matter of City of.:.,M,.a.tait.,..aAici,.:.,....., Ret ORb1NMNCRS NOS. 8509 THROUGH in the XXX Ceurt. Was published in sold newspaper in the Issues of January 27t 1976 Affiant further says that the said Miami Review and Daily Record 1s a newspaper published at Miami, In Said Dade County, Florida, and that the Said news- paper has heretofore been continuously published in said Dada County Florida, each day (except Saturday, Sundayand Legal Holidays) and has been entered as In saiDade County,ynFlorida,tfor a aperiodcofioneiyear next preceding the first publication of the attached copy of advertisement; end affient further says that she has neither paid nor promised any person. firm or corporation any discount. rebate. commission or refund for the purpose of securing this advertisement for publication In the salL T spaper. GL ✓ 4 / % () t L. ! Sworn to end r`db.remethis 76 27th ( 'u Janary •• da df • -» /Ruth Giatk:r \`a�to�fP�irPi FIq�(da at Large. (SEAL) ; i O Y(ID1/4 , My commission expi y if 13 efi cl I ff AS A'AIENDf Di;AS APPEARING MONTHLY I. IN CODIFICATION FORM AS A I ti [LLl E` POD TO HEP.E I'A1tT OF Cit.1I"i'EI# 2 OF THE 't A Y O R = COMMISSIONER A • CODE: OF 'THE CITY OF :Mt- SALARY of SIS.Nt). ANNUAL-, A�tt, FC,URIDA, I?57' AS t.Y PAYAElLE, IN, EQUAL ' AMENDED, MORE - PARTICU: movi'HLY INSTALLMENTS: I,AILLi', AME:NIII NG SECT' e{ BNITTI�Ci T ST A* AX F::�IE:F{(SF,TH f1i;Dt kRTI F: DA`" ,RY A "'it' OP • i`t"*; F:xTtipat U THE DR. M ttTtN t f:SS R'Ft:\t FbL-}#•FIE CHS OF'i I,LTtRI KIN(: HOt bEVA(tt) :•E.•, CO�i>IISSOL 1NTFIttrM ZONING Dt5TRit.T, FOR A P E it I 0 D OP 1:1� ORDINANCE �O. 5.i13 i1CINT(FS: ItF:F'F:ALI1t;:' ALL. ORIANA10ES. CODE: sk toNs'oit \N E;�iERGF.NG'F ORbINANCE rtAciT�TINSOFAR OAS``titEt iS SETTING GRFORTH N DO�i E T INC;A "F\ ERARtLITt PRO\ i AR R Di: TEtE CI xY mots; AND PE DATE. : E�Ft OF NHAMI TO PROVIDE THAT` A�' EFFECTIVE DATE. EFFECTIVE A P R I L t. 1976 ORt)INANCF. NO, F,Stn THERE SMALL HE PAID TO THE COM�I1SSt0NEF1 OP 'rim 857.3 OTT OE' MIAMI, FLORIDA. EY itt.tiit ),ItIE: t•0t:FTi', t't.tilttt).k E;' 1 ti FOP THE; HOLD — .Ail liar+•.tort' will tnkr ir,tit.• t,t;t:.ii. Notit that oh Rai 22n'-i flay of Jana:ay, 1(7,1 thn City Contrni:+=i:.h bt 1ti- nrnl, ' F'Int•id:t tolrivt 'd the fvit . lag titled titled nr,linnnce,.. ()Rt)tNACE i`o. !iris .AN T.Stf.itOp.*e'T' milt A CE tXt'. t7F' _ A - Stitet At, 1'O` IJ i::t.E:('TFU* \''HE.Ct't OF S1tAltt, FLORIDA,ODO� MtRCit !i• 117', UPON. THE. QUESTION OF ISSUING $2i.r.on.1Rt1 i1Ot;S-, t\tt iiiX)$ OF`.SAID ..CITY. f • k DISI'ENSIXG t\'1TH' THF,! DF#UtNANt°E O.,ti!!7 P E A t) t N D ,OF' TI31B r)Rt)i+� /� `r\CE ON TWO SEP'ARATE+ ARE t1 F.VERLtCLI CONTAIN- , A\IENDI�G SF.CTtO�i •tt +'., ' Ti{E CH TE CERTAIN sNC.E AMEXUIOF: THE CITY OF MIAatt AS COM, CERTAIN StIR£EC'1'10?' S OF- PE SATiON T H i; S t',`•I O F THE MIAMI CITY EMPLOYEES' Slit . - PER YEAR FOR EACH RETIREMENT PLAN tORDt= � � PAYABLE , NANCE NO, St.2i, 'I,\Y 2, Isar C0f1JILSSFO. EP• IN TWELVE EQUAL SUBSECTION I.tN i BY 1 f` HE YP.OTOSED CH N.PTF P AMENDMENT TO ' 10VINCt THE CITY', 3tAN \',EFt AS A ME;MBE:It OF' THE: Rt•:- rtItE iENT. BOARD AND ADD- ING AN ADDITIONAL' .1FM- - 1tE:F': U1' 'UHF: CITY AOMINIS- TR\Ti',N• APPi)lNTErt BY P AS \ THE ELECTORS OF THE CITY OF MIAMI AT THE PP.nstOEN- TIAL ?'REFF..RENCE PRIMARY ELECTION ON JIAI;CI{ I..e: vnovIDING THAT THIS CH AR- T'It:' t't'CP }(A:±\.'F TF.R A1IE\DMENT Stt.\LL RE `dt•:.Ctta•:It O'r THE ttF:T'1F:E- P.EFF:RItED TO AS "PROP0 KU t �: �iF'NT Nt): MEN f i 0Ai{lt! ]tt , E:.\LINU CHARTER AMF... U ALI, iIF':UINA.Nci.:�, Ct7i1! SFA:, 1 ' REPEALING' ALL OREM- TiO. S 011 PARTS THEREOF! i'4 1 -sS, COD1 OE' '1`t? 4 N. !N t �tNI1 O'T. iX ��i Att .\S FI:ICT, AND G�.NTAtXIN'.t A t 9:11- \It!•: IN t'ir\Ft.ICT': L11'l' Pitt)tIslt)\, PARTS THE Rt )F OR AND cONTUN[\•,:.s t'+t•,rr,rt . Sti E,RABI UILiT: 1 t!i)C[31rtN• ILGaGTH6 P.N A, ORDINANCE:NO. S tl City Cbik - - AN E:\1E:Rt:F.NCT 171t1)iNANCE: City of \Hain'. FI. rt.tt • AUTHORIZING THE: I .I , Publication of notice. nn SUBJECT TO\CPRU1.\.. ot° th'' 27th day of January, 1t•76. TI(E. F:LECTORS AT 'FIVE E.EC-1I121 111).!,h0T10N Ii E R E I N PROVIDED; FOR. OF S25.01.01.0.0.110USING );O\DS 0 THE CITY OF MI.\MII, FLORIDA. FOR THE' PHI:POSE OF ' !PROVIDING . HOUSING • IN - THE CITY - OP 'MIAMI ''MIAMI - -FOR FAMI- i.IES AND PERSONS, INCLCD ING THE ELDERLY. OF LOW!' INCOME, BY .ASSISTING D.ADE' COI'NTY.IN FINANCING T!IE! COST THEREOF; PP.OVIDING- - TU\T TIIiS t)RDINANC.R- - SILALL GO 1NT0 EFFECT FM - UPON ITS PAS- SAGE; SAGF:: DECLARING AN GKN(.:Y A N D D1SPEN IXr; - - WiT'F{ THE Iti:AL'IN(I it'r 'THIS f1R1)IN.\NCi; oN TWO SI:PA-- 11.VCE DAYS BY A - VOTE OF; NOT LESS THAN' I'C'1:.• Flt•'TIFS OF THE COMMIS-' SiON.