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HomeMy WebLinkAbout26185AGREEMENT INFORMATION AGREEMENT NUMBER 26185 NAME/TYPE OF AGREEMENT GALLERY AT LUMMUS PARC, LLC DESCRIPTION JOINDER BY MORTGAGEE/EXECUTE JOINDER FOR MIAMI- DADE COUNTY WORKFORCE COVENANT/MATTER ID: 26- 1575 (#56) EFFECTIVE DATE ATTESTED BY TODD B. HANNON ATTESTED DATE 6/29/2026 DATE RECEIVED FROM ISSUING DEPT. 7/1/2026 NOTE CITY OF MIAMI DOCUMENT ROUTING FORM ORIGINATING DEPARTMENT: Housing and Community Development DEPT. CONTACT PERSON: Maria T Ason NAME OF CONTRACTUAL PARTY/ENTITY: Gallery at Lummus Parc, LLC IS THIS AGREEMENT TO BE EXPEDITED/RUSH: TOTAL CONTRACT AMOUNT: $ 0.00 EXT. 1971 TYPE OF AGREEMENT: ❑ MANAGEMENT AGREEMENT ❑ PROFESSIONAL SERVICE AGREEMENT ❑ GRANT AGREEMENT ❑ EXPERT CONSULTANT AGREEMENT ❑ LICENSE AGREEMENT COTHER (PLEASE SPECIFY): Execute joinder for Miami r YES — NO FUNDING INVOLVED? YES J NO ❑ PUBLIC WORKS AGREEMENT ❑ MAINTENANCE AGREEMENT 0 INTER -LOCAL AGREEMENT ❑ LEASE AGREEMENT ❑ PURCHASE OR SALE AGREEMENT Dade County Workforce Covenant PURPOSE OF ITEM (DETAILED SUMMARY/ADD ADDITONAL PAGES IF NECESSARY): Execute Joinder for an affordable Housing Covenant in connection with the Gallery at Lummus Parc project. City is a lender for the project. COMMISSION APPROVAL DATE: FILE ID: ENACTMENT No.: IF THIS DOES NOT REQUIRE COMMISSION APPROVAL, PLEASE EXPLAIN: The City is a lender. ROUTING INFORMATION DATE PLEASE PRINT AND SIGN APPROVAL BY DEPARTMENT DIRECTOR/ DESIGNEEC Cr 06. (1 M'LPRINT: VICTOR TURNER/JOHN QUADE SIGNATURE: asAPPROVAL BY RISK MANAGEMENT N PRINT: DAVID RUIZ JD CPCU SIGNATURE: APPROVAL BY CITY ATTORNEY \V PRINT: GEO GE K. WYSONG SIGNAT Ill (14 r� APPROVAL BY ASSISTANT CITY MANAGER PRINT: ERICA P SCHAL DARLING �� SIGNATURE: /�GCt� ,,,a-1..�/jt )e APPROVAL BY. DEPUTY CITY MANAGER . (¢- $(o- 2(D PRINT: NATASHA COL BROOK-WILLIAMS SIGNATURE: (17 /—A' APPROVAL BY CITY MANAGER ... 0 --�(m, L6 PRINT: JAMES(REY .:41110 SIGNATU' P4 ✓ APPROVAL`BY CITY CLERK .. PRINT: TOD D I+N SIGNATURE: 0 N PLEASE ATTACH THIS ROUTING FORM TO ALL DOCUMENTS THAT REQUIRE EXECUTION BY THE CITY MANAGER CITY OF MIAMI DOCUMENT ROUTING FORM DEPT. CONTACT PERSON: Maria T Ason EXT. 1971 NAME OF CONTRACTUAL PARTY/ENTITY: Gallery at Lummus Parc, LLC CONTRACT TERM: FROM: TO: TYPE OF AGREEMENT, IF APPLICABLE: ❑ PUBLIC SERVICES ❑ PUBLIC FACILITIES AND IMPROVEMENTS ❑ ECONOMIC DEVELOPMENT ❑ HOUSING ❑ OTHER (PLEASE SPECIFY): Execute joinder for Miami Dade County Workforce Covenant SOURCE OF FUNDING, IF APPLICABLE: ❑ CDBG (FEDERAL) ❑ HOME (FEDERAL) ❑ HOPWA (FEDERAL) ❑ ESG (FEDERAL) ❑ OTHER (PLEASE SPECIFY): ❑ SHIP (STATE) ❑ SOCIAL SERVICE GAP (GENERAL FUNDS) ❑ MIAMI FOREVER BOND (GENERAL FUNDS) ❑ MIAMI FOR EVERYONE (GENERAL FUNDS) IS THIS A SUBRECIPIENT/PROJECT SPONSOR AGREEMENT? ❑ YES NO CDBG regulations at 24 CFR 570.500(c) define a subrecipient as a public or private nonprofit agency or organization or a for -profit entity authorized under 570.201(o), receiving CDBG funds from the recipient (City) to undertake eligible activities. Project sponsor is a nonprofit organization or housing agency that works with the City to provide housing and support to people living with HIV/AIDS. SCOPE OF SERVICES: Gallery at Lummus Parc will be new construction of a multifamily building with a total of 398 units of which 80 units will be city assisted. The property is located at 395 NW 1 St, Miami, FL. '+rt NUMBER OF ❑ RESIDENTS / ❑ BUSINESSES TO BE ASSISTED WITH THIS PROGRAMS o. CITY DISTRICTS SERVED BY THIS AGREEMENT: ❑ DI ❑ D2 ❑ D3 D4 ❑ D5 ❑ COUN WID 0 ritcs c) 77, i JOINDER BY MORTGAGEE The undersigned CITY OF MIAMI, a municipal corporation ("Mortgagee"), as mortgagee under that certain Leasehold Mortgage and Security Agreement for Gallery at Lummus Parc, LLC, made by Gallery at Lummus Parc, LLC, a Florida limited liability company, to Mortgagee dated May 26, 2026, recorded June 1, 2026, in Official Records Book 35329, Page 318, of the Public Records of Miami -Dade County, Florida, covering the property described in the foregoing Workforce Housing Declaration of Restrictive Covenants and Workforce Housing Agreement (the "Declaration"), does hereby acknowledge that the terms of the Declaration are and shall be binding upon the undersigned and its successors in title and interest. 2026. IN WITNESS WHEREOF, these presents have been executed this day of CITY OF MIAMI, a By: Name: James Title: City cipal corporation ATTEST: Approved as to form and legal sufficiency: odd Hann City Clerk By: George I 1Wysong II City Attorney c,,,v - S 1 s_ STATE OF FLORIDA ) COUNTY OF MIAMI-DADE ) 1 BEFORE ME, the undersigned authority, this day appeared64 11iy15 by means of physical presence or Donline notarization, known by me to be the CAI tAAngori of CITY OF MIAMI, and he/she acknowledged to and before me that he/she executed the said instrument, acting in his/her said official capacity, for and as to the act and deed of said corporation and in its name, fort uses and purposes therein mentioned, and after being duly authorized and directed. He/she is: personally known to me, or ❑produced as identification. WITNESS my hand and official Seal in the County and State aforesaid, on this, the die day of uti. U , 2026. SANDRA GILBERT MY COMMISSION # HH 623478 EXPIRES: April 20, 2029 i Print Name: Commission No.: My Commission Expires: MIAMI 13908074.1 79701/306707 a��