HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-26-0283
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 19456
Revision: A
File Type: Resolution Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: City Commission
File Name: Execute Ground Lease - 5350 Flagler Street, LLC - Introduced: 6/12/2026
Flagler Villas II
Requesting Dept: Commissioners and Mayor Final Action Date: 6/25/2026
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
RESCINDING RESOLUTION NO. R-25-0062, ADOPTED ON FEBRUARY 27, 2025, "A
RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), BY A
FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC
HEARING, RATIFYING, APPROVING, AND CONFIRMING THE CITY MANAGER'S
FINDING, ATTACHED AND INCORPORATED AS EXHIBIT "B," THAT COMPETITIVE
NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR
ADVANTAGEOUS FOR THE CITY OF MIAMI ("CITY") PURSUANT TO SECTIONS 29-
B(A) OF THE CHARTER OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ( "CITY
CHARTER" ), AND SECTION 18-182(C) OF THE CODE OF THE CITY OF MIAMI,
FLORIDA, AS AMENDED ( "CITY CODE" ); WAIVING THE REQUIREMENTS FOR
SAID PROCEDURES; AUTHORIZING THE CITY MANAGER TO EXECUTE A NINETY
NINE (99) YEAR GROUND LEASE AGREEMENT ( "LEASE" ), BETWEEN THE CITY
OF MIAMI ( "CITY" ) AND 5350 FLAGLER STREET, LLC ( "DEVELOPER") ON THE
CITY -OWNED PARCEL OF LAND LOCATED AT 5350 WEST FLAGLER STREET,
MIAMI, FLORIDA, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A,"
ATTACHED AND INCORPORATED, FOR THE DEVELOPMENT OF AFFORDABLE
ELDERLY RENTAL HOUSING PROJECT FOR LOW-INCOME SENIORS; FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL
NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS, AND
MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY; SUCH
LEASE SUBJECT UPON SUCCESSFUL REMEDIATION OF EXISTING
ENVIRONMENTAL CONDITIONS, IF ANY," AND REPLACING IN LIEU THEREOF A
RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), BY A
FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC
HEARING, RATIFYING, APPROVING, AND CONFIRMING THE CITY MANAGER'S
FINDING, ATTACHED AND INCORPORATED AS EXHIBIT "B," THAT COMPETITIVE
NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR
ADVANTAGEOUS FOR THE CITY OF MIAMI ("CITY") PURSUANT TO SECTIONS 29-
B(A) OF THE CHARTER OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ( "CITY
CHARTER" ), AND SECTION 18-182(C) OF THE CODE OF THE CITY OF MIAMI,
FLORIDA, AS AMENDED ( "CITY CODE" ); WAIVING THE REQUIREMENTS FOR
SAID PROCEDURES; AUTHORIZING THE CITY MANAGER TO EXECUTE A NINETY
NINE (99) YEAR GROUND LEASE AGREEMENT ( "LEASE" ), BETWEEN THE CITY
OF MIAMI ( "CITY" ) AND 5350 FLAGLER STREET, LLC ( "DEVELOPER") ON THE
CITY -OWNED PARCEL OF LAND LOCATED AT 5350 WEST FLAGLER STREET,
MIAMI, FLORIDA, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A,"
ATTACHED AND INCORPORATED, FOR THE DEVELOPMENT OF AFFORDABLE
ELDERLY RENTAL HOUSING PROJECT FOR LOW-INCOME SENIORS; PROVIDING
THAT THE CITY MANAGER IS AUTHORIZED TO EXECUTE THE GROUND LEASE
PRIOR TO CONSTRUCTION FINANCING CLOSING, FOR PURPOSES OF
City of Miami Page 1 of 2 Printed on: 7/27/2026
City of Miami
Master Report
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Enactment Number: R-26-0283
ESTABLISHING SITE CONTROL, AND FACILITATING DEVELOPER' S ABILITY TO
OBTAIN CONSTRUCTION AND PERMANENT FINANCING FOR THE PROJECT;
FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY
AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS,
AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY;
SUCH LEASE SUBJECT UPON SUCCESSFUL REMEDIATION OF EXISTING
ENVIRONMENTAL CONDITIONS, IF ANY.
Sponsor(s): Commissioner Ralph "Rafael" Rosado
Notes:
Links:
Attachments: 19456 Exhibit A (PDF)
19456 Exhibit B (PDF)
19456 Notice to the Public (PDF)
19456 Substitution Memo from Dept. of Housing and Community Development (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Legislative Division 6/15/2026 Legislative Division Review Completed
Victor Turner 6/15/2026 HCD Review Completed
Aniska Elliott 6/15/2026 Budget Analyst Review Completed
Marie Gouin 6/15/2026 Budget Review Completed
City Commission 6/25/2026 Meeting Completed
City Commission 6/25/2026 ADOPTED WITH Passed
MODIFICATION(S)
A Legislative Division 6/26/2026 Legislative Division Review Completed
A Erica T. Paschal 6/29/2026 ACM Review Completed
A Raymond Pereira 6/30/2026 ACA Review Completed
A Mayor's Office 7/2/2026 Signed by the Mayor Completed
A City Clerk's Office 7/2/2026 Signed and Attested by the City Completed
Clerk
A Xavier Alban 7/27/2026 Deputy Attorney Review Completed
A George K. Wysong III 7/27/2026 Approved Form and Completed
Correctness with Modification(s)
A City Clerk's Office 7/27/2026 Rendered Completed
City of Miami Page 2 of 2 Printed on: 7/27/2026