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RESOLUTION 87-18929 RESOLUTION NO: 87-18929 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND ADOPTING THE REVISION OF THE HANDBOOK FOR THE MULTI-FAMILY REHABILITATION PROGRAM BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA: WHEREAS, the City Commission, on July 10, 1985, adopted the Policy Handbook for the Multi-Family Rehabiliation Program; and WHEREAS, there exists a need to provide economic incentives for the renovation of certified historic buildings and buildings declared unfit for human habitation; and WHEREAS, the City's Loan Review Committee has prepared and approved the guidelines for a new "Historic Certification/Preservation Program"; and WHEREAS, the Administration has revised the guidelines and recommends their approval and adoption: NOW THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the revision of the Handbook for the Multi-Family Rehabiliation Program include the guidelines for a new "Historic Preservation Program", is hereby approved and adopted. PASSED and ADOPTE 11 this 29th day of Jul , 1987 ..#4>" YOR ATTEST g741/CCITY CLERK FOrM APPRO"/ED LGALDEP . of/ B Date CITY OF MIAMI BEACH "HISTORIC PRESERVATION PROGRAM" The program reduces the interest rate on loans to be provided by lending institutions, for �� t: �. i t the rehabilitation of "Certified Historic Structures'. Lenders wi .l review and underwrite the loans, arrange for loan closing anti service the loans. • J Interest Rates Under the CHG/HisSror is Preservation Program, the th to property ty ow er repays the 4i!s loan e r Lender at a e. interest rate. The loan is available to cover only the cost of rehabilitating the property. t Applicants will also have to apply to a Lender(s) of their theirchoiceto obtain a letterv f commitment for the project, and which will set forth the terms and conditions LrditiUia -t the loan. Minimum Number and Area of Units The property must, after rehabilitation, cointaini five (5) or more living units and where all J of these will feet applicable codes and standards. and have the following minimum areas: eQ applicable s• Efficiency: 400 SF 1 Bedroom:o_im. t.iJii it L Bedroom: iuroom: 7:0 SF • j T�y�i-_--�►i _?fir �r a._uS_'om: t•_I:. LL Benefit to LOW aiii.J .!°_e, a e Income Persons s A minimum r+ twenty percent e `end {20%) of the units arver rehabilitation Tusa be occu3i ed by row and moderate income persons s at affordable table t en.ts. r low and ''Tibet Cit?: irc }'e household :ear's the total ??tubers it a household, whose income does not exceed the t:i icwi i3 levels (to be revised eYised aRru;ilv . 1 Lei son i. person $19;000 i; i 3 ,_ar so nt 121,350 4 person 123,750 5 person $25,250 r I: addition, mon}hly rents (not -o4 including utilities) for u_i ia that a-a to be ocLuoied by a moderate income 'family, must not exceed the following limits: Efficiency: 375 a Bedroom: 425 T.r.4-.- = i525 These E eoulr of enjts will be enforced for three .3! ;a s f ori{ hP tate of i_-i tt�i?lir r of the tJ 1�♦1' i i t project. Page 1 Minimum Loan Amount The minimum loan amount should include all costs necessary to bring the subject property into compliance with applicable codes and ordinances. However, the minimum loan amount should be the greater of $3,000 per unit in rehabilitation work or $25,000. Buyer of a Property A buyer of a property may submit an application, provided there is a sales contract or similar agreement with the present owner of the building, showing control of the property. Target Area Any building proposed to be rehabilitated under this program, must be located in that area of the City, South of Dade Boulevard and 23rd Street. s. Certified Historic Structures es Since funds committed by the City for this program are to be used only for a 'Certified Historic it �}-:r}:• � the approval of rr. r will �- r rii} r , to � applicant Sti ucture , approval any p+o ject will be conditioned the applicant applying to and obtaining approval from the Mate Historic Preservation Officer, and the U.S. Department of Interior, under Part 1 of the Historic Preservation CertificationApplication, that the property contributes to the historic character of theBeach t i'i Mi l a�f i Architectural District'_ct and that all plans and construction documentation are to be prepared in accordance with Part II of the Historic Preservation Certification Application. Substandard requirement The pi opet tY !mist have beer declared 'unfit for human `uTdo +a.l}aton' for non-compliance liance with the City's Property Maintenance Standards. I tLl able Costs In addition to those costs for rehabilitation to make the property a 'Certified Histor is Structure', the rehabilitation loan to be subsidized may include amounts } cover the costs described below: a. Minimum codes and violations - All ii�prc ements necessary to bring the building up to existing codes and to correct `i ioiations. b. General - r property rtY improvements Such {osts shall no;: exc e r i2 twenty i 1•Y p f f el Li=nt (20%), 1 r 1 L. Reasonable tees paid for the services of dpi Architect ect ui Engineer, if necessary. d. amount not }r _ ,r five percent fir:i construction contingency. An amount to exceed i ive pe!cent 15%) as a consti uction e. A reasonable and standard fee for loan points, as charged by the Lent . Page 2 The "But For' Reouirei ent Since one of the primary objectives of this program is to facilitate the rehabilitation of projects which would otherwise not be feasible, the applicant must clearly demonstrate that "But Fore this program, the project could not be done. It dust be an absolute either/or, and the project's dependence on this program Lust be documented. Niriiiium Wages for Construction Workers All construction contracts involving buildings containing eight (8) or more residential units, must comply with Federal Labor Standards provisions. Among these, is the requirement that all laborers gust be paid at wages not less than those contained in the wage determination of the Secretary of Labor, for each classification of work. Check List of Required Documentation to be Submitted a, Completed application form. b) Proof of ownership or leasehold interest, i,e., sales contract, deed, land trust agreement, lease, etc. c) Organization documents (if other than individual). d, Description of proposed work k written description of the rehabilitation work intended s � to be accomplished to restore the property and identify each item and set fol tha method L t d to Lt to cora ect the deficiency. e) Cost estimate !'}r; itemized estimate showing the probable nit construction cost for materials, labor and equipment for each deficiency to be corrected, f) Proof of 'Substandard' condition. g) The 'But Fora statement, documenting the financial gap that this funding will fill to make the project feasible, r. � project, .. u+ t r shots of all ' s ti r -f �!-. building, 1 .! t-1 Photographs } nr }:r r r + {. h, i•hot•ogt ap:.s of pi o{ect, to include exterior shot all shies of the building, and interior iot shots of the units to exhibit he need for work to be performed. {e i) Plans for the pro ect, that comply with, the following: (1) plans must to scale and include: site plan, floor plans, elevations, survey. , (2) a plan review fee of $250, payable to the Planning ;Department, is required to offset the costs of processing the plans. t 1 A +..� L.i ?s -r. r. •?i;. ±� fir. +!- t Development Division, }i H nor:- eiutidable application gee _ti $_�;0, payable t,tt tete Community De''ielop ent will be due at the time of submission of the application packet. , Page 3 HISTORIC PRESERVATION PROGRAM .4 Q. TARGET AREA 23 r4 sr cT AZ 1 ►54' _ _ _ _ .- -.- i 1)7 ftvt GT i+. O Z11� T _14 _ c:T 44 Q • iiii 3 rd -i` 4 CT45 Gouts • cud' ORIGINAL RESOLUTION NO. 87-18929 (Approving and adopting the Revision of the Handbook for the Multi-family rehabili. tation Program)