RESOLUTION 84-17860 RESOLUTION NO. 84-17860
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE
SUBMISSION OF A SECTION 108 LOAN APPLICATION
TO THE U.S. DEPARTMENT OF HOUSING AND URBAN
DEVELOPMENT IN THE AMOUNT OF $690,000 FOR THE
PURPOSE OF FINANCING THE REQUIRED TWENTY (20)
PERCENT DOWN PAYMENT ON THE ACQUISITION OF
A 3.4 ACRE TRACT OF GOVERNMENT SURPLUS REAL
PROPERTY IN THE SOUTH POINTE REDEVELOPMENT
AREA.
WHEREAS, the City Commission of the City of Miami Beach on May 5, 1982
approved and adopted the South Pointe Redevelopment Plan as an amendment to the
redevelopment plan element of the Comprehensive Plan of the City for the purpose of
economic and physical development of the area; and
WHEREAS, in order to effectively implement the proposals developed for the
revitalization of the City's South Pointe Area, it is imperative that any existing unimproved
real property crucial to such be developed in accordance with said plans; and
WHEREAS, the City of Miami Beach has been informed that the U.S. General
Services Administration will be placing a 3.4-acre tract of government surplus land in the
South Pointe Area for immediate public sale; and
WHEREAS, the acquisition of the subject parcel is vital to the effective
implementation and overall success of the redevelopment efforts in the South Pointe Area;
and
WHEREAS, Section 108 of the Housing and Community Development Act of 1974
is a viable source of federal financial assistance in achieving the overall economic
development goals of units of general local government.
NOW, THEREFORE BE IT DULY RESOLVED BY THE CITY COMMISSION OF
THE CITY OF MIAMI BEACH, FLORIDA, that the City Manager is hereby authorized to
submit a Section 108 loan application to the U.S. Department of Housing and Urban
Development in the amount of $690,000 for the purpose of financing the acquisition of a 3.4-
acre tract of government surplus real property in the South Pointe Redevelopment Area.
BE IT ALSO DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, that the City Manager is hereby also authorized to act in
connection with the submission of the same and to provide additional information as may be
required.
PASSED AND ADOPTED THIS 19th DAY OF SEPTEMBER, 1984.
MAYOR
‘3,(i4m..)
ad"?ATTEST:
FORM APPROVED
CITY CLERK
LEGAL DEPT
By .
Date �►
ORIGINAL
RESOLUTION NO. 84-17860
(Authorizing the Submission of a section
108 Loan application to the U.S, Depart-
ment of Housing and Urban Development in
the amount of $690000 for the purpose
of financing the required twenty (20)
percent down payment on the acquisition
of a 3.4 acre tract of Government surplus
real property in the South Pointe Redeve-
lopment Area)