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2010-27451 ResoRESOLUTION NO. 2010-27451 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING, FOLLOWING FIRST READING AND PUBLIC HEARING, A DEVELOPMENT AGREEMENT BETWEEN THE CITY AND THE HOUSING AUTHORITY OF THE CITY OF MIAMI BEACH (HACMB) PERTAINING TO THE DESIGN, DEVELOPMENT, AND CONSTRUCTION OF THE FOLLOWING PROJECTS ON CERTAIN REAL PROPERTY OWNED BY HACMB, LOCATED AT 1231-1251 17TH STREET, MIAMI BEACH, FLORIDA: 1.) AN AFFORDABLE ELDERLY HOUSING PROJECT WITH GROUND LEVEL, NEIGHBORHOOD ORIENTED COMMERCIAL SPACE, TO BE DEVELOPED AND CONSTRUCTED AT HACMB'S SOLE COST AND EXPENSE; (THE "HACMB PROJECT") AND 2.) A PUBLIC RIGHT OF WAY, INCLUDING A BRIDGE, FOR VEHICULAR AND PEDESTRIAN ACCESS, CONNECTING WEST AVENUE AND DADE BOULEVARD, TO BE DESIGNED, DEVELOPED, AND CONSTRUCTED AT THE CITY'S SOLE COST AND EXPENSE (THE "WEST AVENUE BRIDGE PROJECT") OVER A PREPETUAL EASEMENT OVER THE PROPERTY; WHICH EASEMENT THE CITY INTENDES TO PURCHASE FROM HACMB (THE `CITY EASEMENT"); AND FURTHER APPROVING, IN SUBSTANTIAL FORM, A PURCHASE AND SALE AGREEMENT BETWEEN THE CITY AND HACMB FOR PURCHASE OF THE CITY EASEMENT, iN THE AMOUNT OF $1,635,000; AUTHORIZING THE CITY MANAGER AND CITY ATTORNEY'S OFFICE TO FINALIZE SAID PURCHASE AND SALE AGREEMENT, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE FINAL AGREEMENT AND, THEREAFTER, AUTHORIZING THE MAYOR AND .CITY CLERK, AND/OR THE CITY MANAGER AND CITY CLERK, TO EXECUTE ANY AND ALL DOCUMENTS, AS NECESSARY TO CLOSE ON THE SALE OF THE SUBJECT EASEMENT; FURTHER AUTHORIZING AND SETTING THE PUBLIC HEARING FOR SECOND AND FINAL READING OF THE DEVELOPMENT AGREEMENT FOR SEPTEMBER 15, 2010; PROVIDED FURTHER, HOWEVER, THAT IN THE EVENT THE DEVELOPMENT AGREEMENT BETWEEN THE CITY AND HACMB IS NOT APPROVED BY THE CITY ON SECOND AND FINAL READING AND PUBLIC HEARING, THEN THE PURCHASE AND SALE AGREEMENT SHALL AUTOMATICALLY TERMINATE AND THE CITY AND HACMB WILL HAVE NO FURTHER RIGHTS OR OBLIGATIONS THEREUNDER. WHEREAS, in 1999, the City Commission approved the West Avenue Bridge Project (the Project) as Municipal Mobility Plan (MMP) Project #30, which envisioned corridor improvements to the intersection of Dade Boulevard at 17th Street/Bay Road, to be combined with a connection between Dade Boulevard and West Avenue through the construction of a new bridge; and WHEREAS, the implementation of the Project requires that the City acquire a right-of-way through a property presently owned by the Housing Authority of the City of Miami Beach (HACMB); and WHEREAS, current funding for the Project includes federal funds, and the estimated cost of the Project, including land acquisition and the planning and design, is approximately $6.5-7 million; and WHEREAS, At the June 25, 2008, City Commission meeting, the City Commission referred a discussion of the Project to the Finance and Citywide Projects (FCWP) Committee for further review; and WHEREAS, on July 10, 2010, the FCWPC discussed the Project and directed the Administration to try to acquire the land needed, through the purchase of an easement over the HACMB property, for a price of $2.5 million; and WHEREAS, the Administration engaged Quinlivan Appraisal to estimate the market value of the easement; the appraiser formed the opinion that the entire HACMB property had a market value of $6,100,000, and the proposed easement a market value of $1,635,000; and WHEREAS, the Administration has also been meeting with representatives of HACMB regarding HACMB's plans to develop an affordable elderly housing project on a portion of the property (the "HACMB Project"); and WHEREAS, the proposed HACMB Project contemplates 68 to 72 units of elderly affordable housing; 1,500 square feet of ground floor retail; and 36 parking spaces at ground level; and WHEREAS, the Administration and City Attorney's Office have been working with HACMB and its counsel to develop 1.) the attached Purchase and Sale Agreement, for the City's purchase of the easement, in the amount of $1,635,000, over a portion of the HACMB property to develop the West Avenue Bridge Project; and 2.) a Development Agreement, setting forth the City and HACMB's respective rights and obligations pertaining to the City's development and construction of the West Avenue Bridge Project, and HACMB's development and construction of the HACMB Project; and WHEREAS, on June 22, 2010, the HACMB's Board considered both agreements and passed a resolution approving same, in substantial form; and WHEREAS, the City Administration would recommend that the Mayor and City Commission approve the attached Purchase and Sale Agreement, in substantial form; authorize the City Administration and City Attorney's Office to finalize the Agreement; and further authorize the Mayor and City Clerk and/or the City Manager and City Clerk, to execute any and all required documents, as necessary, to execute the Agreement and therefore close on the sale of the easement, subject to the terms and conditions of the attached Agreement; and WHEREAS, the Administration would further recommend that, following the first duly noticed public hearing on July 14, 2010, the Mayor and City Commission approve, on First Reading, the attached Development Agreement with the HACMB, and further set the public hearing for Second (and final) Reading of the Development Agreement for September 15, 2010. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby approve, flowing First Reading and a public hearing, a Development Agreement between the City and the Housing Authority of the City of Miami Beach (HACMB) pertaining to the design, development, and construction of the following projects on real property owned by the HACMB, and located at 1231-1251 17~' Street, Miami Beach, Florida: 1.) an affordable elderly housing project with ground level, neighborhood-oriented commercial space, to be developed and constructed at HACMB's sole cost and expense; and 2.) a public right of way, including a bridge, for vehicular and pedestrian access, connecting West Avenue and Dade Boulevard, to be designed, developed, and constructed at the City's sole cost and expense over a perpetual easement over the property (the "City Easement"), which easement the City intends to purchase from HACMB; and further approving, in substantial form, a Purchase and Sale Agreement between the City and HACMB for purchase of the City Easement, in the amount of $1,635,000; authorize the City Manager and City Attorney's Office to finalize said Agreement, and authorize the Mayor and City Clerk to execute the final Agreement and, thereafter, authorize the Mayor and City Clerk, and/or the City Manager and City Clerk, to execute any and all required documents, as necessary, to close on the sale of the easement; further authorizing and setting the public hearing for (second and final) Reading of the Development Agreement for September 15, 2010; provided further, however, that in the event the Development Agreement between the City and HACMB is not approved by the City on Second (and final) Reading and public hearing, then the Purchase and Sale Agreement shall automatically terminate and the City and HACMB will have no further rights or obligations thereunder. PASSED AND ADOPTED this ~y~l day of .Jk 010. APPROVED AS TO FORM & LANGUAGE ATTEST: . ~~ p~~~ CITY CLERK A OR T:WGENDA~2010Uu1y 14U2egular~Flousing Authority Agreements Reso.docx ~ FOR ELUTION 77 ity me D to COMMISSION ITEM SUMMARY Condensed Title: A Resolution approving, on first reading and public hearing, a development agreement between the City and the Housing Authority Of The City Of Miami Beach (HACMB) pertaining to projects located at 1231-1251 17th Street, Miami Beach, Florida: 1.) an affordable elderly housing project to be developed and constructed at HACMB's sole cost and expense; and 2.) a public right of way, including a bridge, for vehicular and pedestrian access, connecting West Avenue and Dade Boulevard, to be designed, developed, and constructed at the City's sole cost and expense over a perpetual easement over the property; which the city intends to purchase from HACMB and further approving, in substantial form, a purchase and sale agreement between the city and HACMB for urchase of the ci easement, in the amount of $1,635,000. Ke Intended Outcome Su orted: Maintain or Improve Traffic Flow upporting Data (Surveys, Environmental Scan, etc.): Residents in the 2007 Community Satisfaction Survey cited traffic congestion as the second most import factor affecting their quality of life in the Ci . Issue• Should the Ci Commission a rove the resolution? Item Summa /Recommendation: 1. Purchase and Sale Agreement (highlights) • City purchasing a perpetual easement for $1,635,000. • City will have a one (1) year "Inspection Period • City has the right to terminate the Purchase and Sale Agreement if it determines, in its sole opinion, that the property is not suitable or feasible for the Project. 2. Development Agreement (highlights) • Provides for development and construction of the West Avenue Bridge Project, (over the acquired easement), at Citys sole cost and expense; and an affordable elderly housing project with some ground level, neighborhood-oriented commercial space (HACMB Project), to be developed and constructed on Parcel C at HACMB's sole cost and expense. • City staff will propose certain amendments to the City's land development regulations with respect to modifications to minimum average unit size and parking requirements for affordable housing projects. The proposed amendments are subject to City Commission approval. The Administration recommends that the Mayor and City Commission adopt the resolution; approve the Purchase and Sale Agreement and Development Agreement (on First Reading); and, further, set the public hearing for Second (and final) Reading of the Development Agreement. Adviso Board Recommendation: Finance and Ci ide Pro'ects Committee -March 25, 2010 Financial Information: Amount Account Approved Source of Funds: OBPI $1,635,000 To be appropriated from the 2010/11 Miami Dade County People's Trans ortation Tax Total $1,635,000 Clerk's Office Si n-Offs• Department Director Assi to t City Manager City Manager JGG JMG T:~AGENDA~2010Uu1y 14~RegularUiousing Authoruty Agr nts - Summary.docx ~ MIAMIBEACH AGENDA ITEM DATE m MIAMIBEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera Bower and Members of the City Commis FROM: Jorge M. Gonzalez, City Manager DATE: July 14, 2010 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING, FOLLOWING FIRST READING AND PUBLIC HEARING, A DEVELOPMENT AGREEMENT BETWEEN THE CITY AND THE HOUSING AUTHORITY OF THE CITY OF MIAMI BEACH (HACMB) PERTAINING TO THE DESIGN, DEVELOPMENT, AND CONSTRUCTION OF THE FOLLOWING PROJECTS ON CERTAIN REAL PROPERTY OWNED BY HACMB, LOCATED AT 1231-1251 17TH STREET, MIAMI BEACH, FLORIDA: 1.) AN AFFORDABLE ELDERLY HOUSING PROJECT WITH GROUND LEVEL, NEIGHBORHOOD ORIENTED COMMERCIAL SPACE, TO BE DEVELOPED AND CONSTRUCTED AT HACMB'S SOLE COST AND EXPENSE; (THE "HACMB PROJECT") AND 2.) A PUBLIC RIGHT OF WAY, INCLUDING A BRIDGE, FOR VEHICULAR AND PEDESTRIAN ACCESS, CONNECTING WEST AVENUE AND DADE BOULEVARD, TO BE DESIGNED, DEVELOPED, AND CONSTRUCTED AT THE CITY'S SOLE COST AND EXPENSE (THE "WEST AVENUE BRIDGE PROJECT") OVER A PREPETUAL EASEMENT OVER THE PROPERTY; WHICH EASEMENT THE CITY INTENDES TO PURCHASE FROM HACMB (THE `CITY EASEMENT"); AND FURTHER APPROVING, IN SUBSTANTIAL FORM, A PURCHASE AND SALE AGREEMENT BETWEEN THE CITY AND HACMB FOR PURCHASE OF THE CITY EASEMENT, IN THE AMOUNT OF $1,635,000; AUTHORIZING THE CITY MANAGER AND CITY ATTORNEY'S OFFICE TO FINALIZE SAID PURCHASE AND SALE AGREEMENT, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE FINAL AGREEMENT; FURTHER AUTHORIZING AND SETTING THE PUBLIC HEARING FOR SECOND AND FINAL READING OF THE DEVELOPMENT AGREEMENT FOR SEPTEMBER 15, 2010; PROVIDED FURTHER, HOWEVER, THAT IN THE EVENT THE DEVELOPMENT AGREEMENT BETWEEN THE CITY AND HACMB IS NOT APPROVED BY THE CITY ON SECOND AND FINAL READING AND PUBLIC HEARING, THEN THE PURCHASE AND SALE AGREEMENT SHALL AUTOMATICALLY TERMINATE AND THE CITY AND HACMB WILL HAVE NO FURTHER RIGHTS OR OBLIGATIONS THEREUNDER. ADMINISTRATION RECOMMENDATION Adopt the Resolution. Commission Memorandum July 14, 2010 Housing Authority of Miami Beach -Easement Purchase Page 2 of 5 ANALYSIS In 1999, the City Commission approved the Municipal Mobility Plan (MMP). The West Avenue Bridge Project (the Project) was developed from MMP Project #30, which envisioned corridor improvements to the intersection of Dade Boulevard at 17~' Street/Bay Road, to be combined with a connection between Dade Boulevard and West Avenue through the construction of a new bridge. The MMP suggested that this crossing could serve to relieve congestion at nearby intersections. The implementation of the Project requires that the City acquire aright-of-way through a parcel presently owned by the Housing Authority of the City of Miami Beach (HACMB). Current funding for the Project includes federal funds, the use of which requires an environmental impact study (EIS). The estimated cost of the Project, including land acquisition and the EIS, is approximately $6.5-7 million. A companion item is being presented to the Mayor and City Commission to issue an RFQ for the design and engineering of the Project. At the June 25, 2008, City Commission meeting, the City Commission referred Item C4E ("Discussion Regarding the Proposed West Avenue Bridge Project") to the Finance and Citywide Projects (FCWP) Committee for further review. The FCWPC discussed the Project at its meeting of July 10, 2008, and directed the Administration to try to negotiate the purchase of the land needed, as an easement, for a price of $2.5 million. Appraisal The Administration engaged Quinlivan Appraisal to estimate the market value of the easement (as of December 21, 2008). For the appraisal, the property was divided into three parcels. (Attachment A). The appraiser was requested to value a permanent surface easement over Parcels A and B. Based on the inspection of the property. and the investigation and analyses undertaken, the appraiser formed the opinion that, the entire property had a market value of $6,100,000 (full site; fee simple), and $1,635,000 for the permanent easement over Parcels A and B. Potential Site Development Proposed HACMB Proiect On November 10, 2008, the Administration prepared a preliminary site analysis to determine the impact of the proposed easement on the development rights of the entire HACMB property. This analysis was revised on January 6, 2009 indicating that Parcel C could be developed as a residential project. The Administration has been meeting with representatives of the HACMB and its architect to further discuss the development options regarding Parcel C. The most recent meeting with the architect took place on June 21, 2010. Currently, the proposed HACMB Project contemplates 68 to 72 units of elderiy affordable housing; along with 1,500 square feet of ground floor retail; and 36 parking spaces at ground level. The project will also provide for access to the canal walk on the rear of the property. Citv's Offer to Purchase On April 23, 2009, the Administration received a letter from the HACMB stating that, on April 14, 2009, its Board of Commissioners discussed the City's purchase of the proposed easement and determined that the proposal was not in the best interest of the Commission Memorandum July 14, 2010 Housing Authority of Miami Beach -Easement Purchase Page 3 of 5 HACMB. The Board further directed that the sale of the property be taken off the market, and that HACMB staff prepare an affordable housing development for the entire property. At the June 25, 2009 FCWP meeting, HACMB staff informed the Committee that, while the letter submitted to the City indicated that the HACMB would proceed with development of the site, the HACMB Board desired a written offer from the City. The Committee directed the Administration to submit a written offer for the purchase of the easement over Parcels A & B, in the amount of $1.635 million. Said written offer was submitted to the HACMB on June 30, 2009. On September 8, 2009, the Board met to consider the City's offer of June 30~'. The HACMB Board voted to reject the offer and directed its staff to continue with plans to develop the entire property. At the October 29, 2009 FCWP meeting, HACMB stated that an architect had been hired to work on an affordable housing design for the entire property. HACMB further stated that its Board discussed the City's proposal and deemed the price to not be acceptable. General counsel for the HACMB stated that although the Board rejected the offer, it was still be willing to negotiate further. The FCWP Committee recommended that the Administration continue discussions and also look into the possibility of initiating condemnation proceedings. On February 18, 2010, the City received a letter (Attachment B) from the HACMB, transmitting its counter-offer to the City's June 30~' offer to purchase the easement. The HACMB accepted the City's offer to purchase the easement for $1.6 million, but conditioned it on a number of items, including assignment rights; the additional provision of three consecutive annual appropriations of $200,000 each to the HACMB; expedited permitting, reimbursement of legal fees; contingency on completion of all regulatory approvals for the development of property project on Parcel C; a waiver of Payment In Lieu Of Taxes (PILOT) fees; and the waiver of all building permit and concurrency fees. On February 23, 2010, the Administration sent a letter to the HACMB (Attachment C), stating that the counter-offer could not be accepted, and that the City's offer remained unchanged from that of June 30, 2009. At the March 25, 2010 FCWP meeting, the Committee discussed the HACMB's counter- offer; and recommended a new offer be made (same purchase price, but different conditions); and recommended that the item be presented to the full City Commission. On May 11, 2010, the HACMB's Board reviewed the City's new offer (Attachment D); voted to accept the offer; and directed staff to work with the City to prepare the appropriate documents. The Administration and City Attorney's Office have worked with the HACMB and its counsel to develop the attached Purchase and Sale Agreement and Development Agreements. On June 22, 2010, the HACMB's Board considered both agreements and passed a resolution approving same, in substantial form, (Attachment F). Commission Memorandum July 14, 2010 Housing Authority of Miami Beach -Easement Purchase Page 4 of 5 Proposed Terms of Purchase and Sale Agreement and Development Agreement 1. Purchase and Sale Agreement • City purchasing a perpetual easement over Parcels A & B (the City Easement) for $1,635,000. • City will have a one (1) year "Inspection Period° (commencing upon execution of the Purchase and Sale Agreement) to do its due diligence, including whatever inspections and investigations it needs to make to determine whether or not it wants to proceed with the purchase of the City Easement, and/or whether or not the Easement is suitable for the development and construction of the proposed West Avenue Bridge Project. • City has the right to terminate the Purchase and Sale Agreement during the Inspection Period if it determines, in its sole opinion, that the property is not suitable or feasible for the Project. • As one of the conditions precedent to the City's purchase of and closing on the City Easement, the City Commission must approve the Development Agreement between the City and HACMB. • At closing, HACMB shall convey the City Easement to City, as well as a covenant, or covenant in lieu of unity of title, for the entire HACMB property (Parcels A, B, and C). • City responsible for payment of title insurance for City Easement; cost of the survey; cost of recording City Easement; and documentary stamp taxes and surtaxes (if any applicable) on Easement. HACMB responsible for recording costs of covenant or covenant in lieu of unity of title. Each party responsible for its own attorneys' fees. 2. Development Agreement (D.A.) • D.A. provides for development and construction of: (i) West Avenue Bridge Project, (over the City Easement on Parcels A&B), at City's sole cost and expense; and (ii) An affordable elderly housing project with some ground level, neighborhood-oriented commercial space (HACMB Project), to be developed and constructed on Parcel C at HACMB's sole cost and expense. • Concept Plan for HACMB Project, as prepared by Architect Ari Sklar, is an attachment to D.A., and is to be approved by City Commission along with D.A. • HACMB Project is subject to compliance with City's land development regulations, and any required reviews by the City's land use boards. • Project may require application for a variance. • City staff will propose certain amendments to the City's land development regulations with respect to modifications to minimum average unit size and parking requirements for affordable housing projects. The proposed amendments are subject to City Commission approval. • HACMB has right to terminate the D.A. prior to Commencement of Construction of the HACMB Project. However, even if HACMB terminates, it must still close on and convey City Easement to City. • City has also the right to terminate D.A. during the same one (1) year "Inspection Period" provided in Purchase and Sale Agreement. Commission Memorandum July 14, 2010 Housing Authority of Miami Beach -Easement Purchase Page 5 of 5 • If HACMB develops and constructs HACMB Project, it agrees to operate the Project as an affordable housing project for a minimum of thirty (30) years, commencing upon the issuance of a C.C. or C.O. for the Project (Affordability Period). Affordability Period shall be memorialized through a Restrictive Covenant, to be recorded as a condition precedent of C.C. or C.O. for the HACMB Project. • If HACMB sells, assigns, or transfers property prior to issuance of a building permit for HACMB Project, then Affordability Period and Restrictive Covenant will only apply (and be required) if successor entity also develops property for affordable housing purposes; otherwise, not applicable. • No transfer or sale of the property will affect HACMB's obligation to convey City Easement to City. • As consideration for HACMB's agreement to develop and construct HACMB Project, City agrees to waive Payment in Lieu of Taxes (PILOT) fees for Project for up to fifteen (15) years, commencing upon issuance of C.C. or C.O.; provided, however, that waiver extends to twenty five (25) years if the proposed project does not need any variances and does not need any amendments to the LDR's. • Waiver of PILOT fees also extends to twenty five (25) years if City terminates D.A. during Inspection Period and, prior to receipt of the City's notice, HACMB has submitted application for variance. (In the event that the Project does require a variance). CONCLUSION The Administration recommends that the Mayor and City Commission adopt the resolution; approve the Purchase and Sale Agreement and Development Agreement (on First Reading); and, further, set the public hearing for Second (and final) Reading of the Development Agreement. JMG/JGG/kc Attachment A -Schematic Drawing of the Three Parcels Attachment B - HACMB's February 18, 2010 Letter Attachment C -City's February 23, 2010 Letter Attachment D -City's May 11, 2010 Letter Attachment E - HACMB's May 26, 2010 Letter Attachment F - HACMB's June 22, 2010 Resolution T:WGENDA12010Wu1y 14\Regular\Housing Authority Agreements Memo.docx Q C S U Q -E`~ a~a=r_es; ~ _ o~.~eo~e_e.s° = a~aP'aa€9E Yaa i _ L ° o~"~ 4 e BE_3 S _~ n o i ~__ 4 ^ga g~z~a.`soo~' 99L-~_VN~j ",a~„6 ~J W~Ba __Ba <N~e : G s' y'~"@~~a'~i so.~ -_. "`~~"~ °a m-_°'~~ 8 c fi: a ~tz e m3 =_ ~sq_943 -. 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FL 33139.6742 MILLI MEMBIELA TEL: 305.532.6401 CHAIRPERSON FAX: 305.674-BOO 1 YAMILE JIMENEZ•SOTO TDD: 305.672.5501 VICE CHAIRPERSON WWW.HACMB.ORG LEONARD TURKEL VICE CHAIRPERSON February 18, 2010 Via US Mail and E-mail transmission Jorge M. Gonzalez, City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida ~° MICHAEL BAND COMMISSIONER ADA LLERANDI COMMISSIONER MIGUELL DEL CAMPILLO EXECUTIVE DIRECTOR Re: 17`x' Street -Counter-offer from HACMB to the June 3U, 2009 City offer to purchase easement On June 30, 2009, the City of Miami Beach issued an offer to purchase a permanent easement through a portion of the Housing Authority of the City of Miami Beach's (HACMB) prclpetKy, located at 1231-1251 l7`~' Street, Miami Beach, Florida. The City's offer to purchase the easement area for the amount oi' S 1.635 million dollars. as generally depicted in the attached Exhibit 1, is accepted, with conditions. The 1"IACMB Board of Commissioners, on February 17, 2010, voted to proceed with the following counter-offer: (1 i As per discussions with the City Administration, the HACMB :accepts the offer to purchase the above described easement interest over Parcels A and B fe1• $1.635 million. (~) Provided, however, the HACMB is to retain the Floor Arta Ratio (FAR) for Parcels A and B to be used for development on Parcel C - at any time in the future. The HAC'MB's retention of the FAR from the easement portions (Parcels A & B) shall be unqualified and unrestricted ?i1r the use of Parcel C. (3) A development agreement shall be executed, simultaneousl}~ «~ith the closing on the easement, 1'he agreement shall specifically address the zoning and development requi~•ements fbr the remaining parcel. Parcel C. This development agreement shall include, at a minimum, the tertrl~~. and conditions relating to the reli~i' of parking requirements for Parcel C. (4) The development agreement shall provide the HACMB with the ability- to transfer and/or assign its rights under the development agreement, without limitation. As the HACMB understands the City's offer. the terms listed above have already begin considered any: arc implicitly a pan of the June 30`h, 2009 offer. Fur sake of clarity. the I-IACMB has specifically identified those conditions. as part of the HACMB's counter• offer. the HACMB is additionally seeking the following: (~) The City shall wmmit to providing the HACMB with three (31 consecutive annual apprapriatiurs of $200,000. per year. as grants or other contributions, so that the I-lA~'~v1B can develop affol•dablr~workforce housing on the balance of the property (Parcel C). The funding woul~~ total $(100,000, over the three (3) year period following closing. Letter to Jorge M. Gonzalez, City Manager February 18, 20 ] 0 Page 2 of 2 (6) The development agreement shall commit the City to expediting the building permitting process, including all Building, Planning and Fire plan reviews, so that a building permit may issue within ] 8 months of DRB/Planning Board approval. (9) The City shall reimburse the HACMB for all reasonable legal fees and expenses incurred by the HACMB in negotiating the purchase of the easement and development agreement. (10) If prior to the closing the HACMB has an identified site plan and project, the transfer of the easement shall be contingent upon DRB/Planning Board approval for a development on the balance of the property (Parcel C). The HACMB understands that the City may not contract zone. As such, with the identified plan, the transfer of the easement shall be conditioned upon DRB/Planning approval of the HACMB's project on Parcel C. This section is a provisional, contingent, provision depending upon the timing of the closing. (11) The development of Parcel C must be on a no "net" loss in the number, quality, or affordability of housing, workforce housing, and/or commercial units to be constructed. In prior discussions with the City, the HACMB brought its architect, Ari Sklar, to the meetings who advised that approximately 60 units could be built if the entire parcel is utilized. The HACMB would like to ensure that there is no "net loss" of this number of units by utilizing solely Parcel C. (12) The City is to waive all Payment in Lieu of Taxes (PILOT) fees due to the City for the Parcel C project, for a period of 15 years from the date a Certificate of Occupancy is issued by the City. (13) The City shall waive any building permit and/or concurrency fees for development of Parcel C. (14) Notwithstanding the above, or any other term or condition of this letter, the following offer shall not be binding upon the HACMB unless and until a contract for purchase and sale, and development agreement relating to the subject easement is approved by the HACMB Board of Commissioners. Thank you for your consideration of the HACMB's counter-offer. We look forward to working with you to a successful conclusion of negotiations. cerely, Miguell Del Cam ' o, Executive Director Enclosure c: Mayor & City Commission Jose Smith, City Attorney Raul Aquila, Deputy City Attorney Tim Hemstreet, Assistant City Manager Jorge Gomez, Assistant City Manager HACMB Board of Commissioners Eve A. Boutsis, HACMB General Counsel EXHIBIT ~ *Term Sheet between the City of Miami Beach (City) and the Housing Authority of the City of Miami Beach (HACOMB), for the Purchase of an irrevocable Perpetual Easement (to the City) for the Dev®iopment, Construction, Operation and Maint®nance of a West Avenue Connector Bridge. Site: That certain property owned by HACOMB, located at 1231-1251 17"' Street, encompassing approximately 40,576.80 square feet and further described as follows: Parcel A: The westernmost portion of the Site (4,622.15 square feet). Parcel B: The center portion of the Site (9,001.65 square feet). Parcel C: (see below) Project: The City wishes to construct a bridge over Collins Canal, to connect the portion of West Avenue with a northernmost terminus at 17th Street, with that portion of West Avenue between Dade Boulevard and 20~h Street. The City shall purchase an Irrevocable Perpetual Easement over Parcels A and B to develop, construct, operate, and maintain the Project as a public right-of- way for vehicular and pedestrian traffic. The public right- of-way for the bridge is contemplated to occur through that portion of the Easement on Parcel B. City further agrees to maintain as "green space", the remainder of the Easement Area, contemplated to be on Parcel A. Purchase Price: $1,635,000. Parcel C: HACOMB shall review the survey of the property and identify any issues related to the future development rights for which clarification is needed. However, it is expressly understood by the parties that Parcel "C" is not a part of the Project. ALL TERMS HEREIN CONTAINED ARE SUBJECT TO AND CONDITIONED UPON FINAL APPROVAL BY THE MAYOR AND CITY COMMISSION. "' e i- - t. _. •;'_ ~= - - -, ~,-: c. :- L• ~ _ . _ _ U it U1. . . J - ` _ _ Q _J 1 - ;, __ ,T. _ - . ~: t u: ~~ ~: ae' ~. -¢ ;.ac_ Z °t ors ,. ~!~!, Y, J, -W. 'L NJO nuee o d.. 4lU: ~~ { '~'-zr-~'--r.~-- ~ana~ N01'It Jam a va: vo; ^ r ~~ . ^ ' ~ .i~ ~ :N3Y'13SV3 `JNIH2lYC .Z. -' `~ j~------~----- ----- cs- h ~ ~ 3r ~~ ~ ~ ~~fr /\I~' I: _ •A' ~r~i ~ i ~ ~6L~ ~ f j oe I 4) ~ II b~=e f fli1 ~~rrl ++ t ~ ~~~j i. a a?:" a !: ' ~~~.° I f ~ ~ ~~j 4Fcl ' ~""-ki K; ~ ~ al ~ l lA~ 8=.5 1 _ __ .,, i ! i' b I9i ~~Q Q} ~I ~ ai~~ i ¢~ y ~66~D c'. r' ~ '~ b,~i~ _ ~ f. f ~~ -' i __._.__.. _~ _..._ ._- .. Fz. w _._ ._. ._ ._ G 3n- .53+'- F E , ~;E3 ' + ' ~ ~ JV ~ . J ~l 5! y V/ ~ o ~Rt. v':;T.i S~7'~ ?~1~4F _ y; c; ~o ~5 • `y~i 6~ ~~ - ,--- = ~t _.., O a 4 I i I C i ~ Attachment C e ®__ MIA~/11~EAC City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov Jorge M. Gonzalez, City Manager Tel: 305-673.7010, Fax: 305.673-7782 February 23, 2010 Miguell Del Campillo Executive Director Housing Authority of the City of Miami Beach 200 Alton Road Miami Beach, FL 33139 Re: 17th Street Counter Offer to Purchase Easement Dear Mr. Del Campillo: I am in receipt of your February 18, 2010 letter, transmitting the Housing Authority of the City of Miami Beach's (HACMB) counter offer to the City's June 30, 2009 offer to purchase a permanent easement through a portion of the property located at 1231-1251 17th Street. The letter states that City's offer to purchase the .easement in the amount of $1.635 million is accepted, but that the HACMB Board of Commissioners voted to proceed with a counter offer of additional conditions. Consistent with previous discussions between the .City and the HACMB, a development agreement may be entered into between the parties, for the purpose of clarifying the retention of the site's full Floor Area Ratio (FAR), as well as how certain other zoning and development requirements (such as setbacks) may be addressed. However, the counter offer includes conditions that cannot be accomplished with a development agreement, including adjustments to the parking requirements for affordable housing, which may only be accomplished with an ordinance, and the waiver of fees. The counter offer includes additional conditions that have not been previously discussed, and which tie the purchase of the easement to a requirement for the future expenditure of additional funds and the approval of other conditions that are beyond the scope of the purchase of an easement. Therefore, the HACMB's counter offer cannot be accepted, and the City's offer remains unchanged from that of June 30, 2009: the purchase of the easement area, as generally depicted in the attached survey, for the amount of $1.635 million. You may further recall that, in addition to directing the Administration to offer $1.635 million for the easement, the Finance and Citywide Projects Committee also directed the Administration and the City Attorney's Office to begin exploring an alternative option which would result in the ~ condemnation of the easement area. An update on this item will be _ __ _ _ _ .placed. on_ the agenda of the March .25,_2010- meeting. of the Finance and Citywide. Projects ~} -~ - ~ommi ee'~a~fiich~ime-fhe~ommittee-will-'either-be-infor'med-of=the-HA~MB's-accepfance --- of the City's offer, or presented with information on the next steps in the condemnation process. -----------------INe-are-eomminecl-re-providing-excellent-puf~lic-service-ond-aafett~-to~al!-who-live,-work;-and-play-in-ouc_vibrant; tropical,-hislouc-cemmuniy-- ~-_-_,- I look forward to discussing the HACMB's re-consideration of the City's offer to purchase a permanent easement through a portion of the property located at 1231-1251 17th Street. City staff will be in contact in the near future to schedule a meeting between the parties. In the meantime, please do not hesitate to contact me if you have any questions or need .assistance. Sincerely, r e'Idf~Gonzalez 9 City Manager c: Honorable Mayor and City Commissioners HACMB Board of Directors Jose Smith, City Attorney Jorge Gomez, Assistant City~Manager Eve A. Boutsis, HACMB General Counsel --- ------------ ----We-~re~eommined-lo-providing-excellent-pudic-servic-e•and-safeA~-ball-who-live,-work,.ond.ploy_in-our_vii~ronlrtropical,-Irisiori~communiry.____ ,, - i =~.° __ ieon~ ~ m~ ,m, --G - ~ .n3M135v_ 'Jh1IH2fVC .~ '' ~ ~~ _ _- `T. ` 1 ~. _.. _... ~... _..J _. .~ i .- ` `'~'~ .. ~~I ~~. .. _ - _ .~ ~*' `~' Ir l.. .._ ... . _ __ _.. _.__.. 9 ._... ~. t .~~^ ~. 4 - -~ = r - _ - ---- - - ~ -rig;.- - - -F- - ~---...~.. .. -- w~. Te < _.. __. 'J " .San' ~ c :~f'. ~; r ~~ ~ ~ ~ ~ r' ,~.~e+ .~.~, i,a F, C: ~~ ~` - nhR.vJ ). Vii:: ' ~ Attachment D ® 1~/~ I ANI I B EAR H City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov Office of the City Manager Tel: 305.673.701x, fax: 305.673.7782 May 11, 2010 Miguell del Campillo VIA Certified Mail Executive Director and Electronic Mail Housing Authority of the City of Miami Beach 200 Alton Road Miami Beach, FL 33139 Re: City's Offer to Purchase An Easement Through 1231-1251 17"' Street Dear Mr. Del Campillo: The purpose of this letter is to provide the Housing Authority of the City of Miami Beach ("HACMB") with the City's revised written offer for purchase of a perpetual, non-revocable easement (the Easement) through a portion of the HACMB property, located at 1231-1251 17'" Street, Miami Beach, Florida (the Easement Area), pursuant to the direction of the Finance and Citywide Projects Committee at its March 25, 2010 meeting. At that meeting, the Committee discussed the HACOMB's 2/18/10 counter offer regarding the City's original offer to purchase the Easement. The following terms constitute the City's revised offer to purchase the Easement. The City's offer is of course subject to (and shall not be binding until) negotiation and execution by the City and HACMB of a final purchase and sale contract, which contract shall also be subject to approval by HACMB's board and the Mayor and City Commission, respectively: 1. Area to be Purchased: the Easement Area, depicted as Parcel "A" and Parcel "B" in Exhibit A; 2. Purchase Price: The City offers to purchase the Easement for the amount of $1.635 million; 3. City's Proaosed Use of Easement Area: The City shall use the Easement Area for the purpose of providing right-of-way access for the construction of the proposed West Avenue Bridge; 4. The City confirms that the remainder of the HACMB property, also known as Parcel C, shall retain the total Lot Area of the entire parcel, including the Easement Area, for the purpose of calculating the Floor Area Ratio (FAR). This FAR provision shall run with the land and may be transferrable; 5. HACMB Affordable HousincLDevelooment (on Parcel C). The City and HACMB acknowledge that HACMB intends to develop Parcel C as an affordable housing development, which is the City's preferred and recommended use for Parcel C (HACMB's proposed affordable housing project, the specifics of which have yet to be determined, shall for purposes herein be referred to as the "Project"). The City and HACMB agree to the following with regard to the Project: a. At such time as HACMB indentifies the specific affordable housing Project> the City and HACMB agree to enter into a development agreement or other agreement (the Agreement) which will address, at a minimum, the following terms: (i) Minimum and average unit size requirements; t-1~e are ;:ommiran m rrc;v~arrq excefl~~ ~ r:u~!+: s~rriCP -..nci scier~ ,~~ a~i whu .;vc. ,vv;ti:,. Grin ;i:0y i~: our v+'c.;ont u_:;~i; ci, hisrorc t nr;mun~!,- (ii) Parking requirements; and (iii) Setback requirements. Items (i}{iii) above may also require an amendment (or amendments) to the City's cunent Land Development Regulations. b. Affordabillty Period. The Project shall remain as affordable housing for a minimum of thirty (30) years, which period shall commence upon the issuance of a Certificate of Occupancy (CO) by the City. As consideration for the Affordability Period, the City will agree to waive all Payment in Lieu of Taxes (PILOT) fees for the Project for fifteen (15) years, commencing upon the issuance of a CO by the City. c. HACMB may assign and/or transfer its rights under the Agreement to a subsequent developer (transferee), provided that the transferee agrees to develop the Project for its intended use as an affordable housing project, and complies with the Affordability Period. d. As an affordable housing project, the Project is eligible for the City's expedited building permit review process. e. The City shall assist HACMB and make reasonable efforts to identify funding sources for the Project. f. Notwithstanding subsections 5(a)-(d) above, the Agreement shall be subject to (and shall not be binding until) approval by HACMB's board and by the Mayor and City Commission, respectively. This offer is a proposal for the consideration of the HACMB with the purpose of completing the discussion and getting the proposed transaction to a final agreement that can be considered by our respective governing bodies. NOTWITHSTANDING THE ABOVE, OR ANY OTHER TERM OR CONDITION OF THIS LETTER, THE AFORESTATED OFFER SHALL NOT BE BINDING UPON THE CITY UNLESS AND UNTIL A CONTRACT FOR PURCHASE AND SALE OF THE SUBJECT EASEMENT IS APPROVED BY THE MAYOR AND CITY COMMISSION. Thank you for your consideration of this proposal. I look forward to your consideration of this proposal. Sincerely, rge onzalez, City Manager Attachment c: Mayor and City Commission Jose Smith, City Attomey Raul Aguila, Deputy City Attomey Jorge M. Gonzalez, Assistant City Manager Kevin Crowder, Economic Development F:lcmgr\$ALLICROWDERWoint Ventures\Housing Authorityl0ffer Letter 100511.doc 1~1,/t: Q!/,! i::Ji;!!!Ii))G':: ;_ Jl;lviC!i71;i i:`t':: i'.!I('fi iil:(.)Ili; :•C!Vii; ^' (;!1~; .'.:1(E?^.' )i: (1 ~~ t'J1iC--+ 11'Ji:', ':: C): ~;, C7f!C:f ill;,; ~~ i.: Di!! ~'I: ft,; (;.', ;(),:); i; l~li. ~i:5f;»it: :; 17Il1 ;7:lliliy'. F - N~ u ~- 2 - {c ~~ ~ . ~y K ,._ ~ .. d - e °~j ui ti` -{°~i.i ~ 2y jet `''i_4e S~ v~J~ S~ o•i ~ •, w 4y~~°bg ~a ~~. _'8_j i.e ;~tt~ ~. ~t;;~j#• `i . C/U CfU u m~ QQ ~~ JJ a _ ? 1 4 6 ~rF ~rZ q~ Y ~• Y ~` O O O ~ S t ~ u! E. 2 a $ " - O. .D O6 yb ~ x ~ ,%, a ,'3;`;: ... j ids c`o`o ~c~ t. ~~~ A~ 6 zi.d;i~ f^ ~":cl "' ~!."'?~d _ .:~PF:~ ~ u t a :S: v~lf~ ~ _ _ ` -~ ~. r i U 3 .. a,a ~ - Su' M ..~ib~~ n;_~'v r t ~s ;~:v, "' A Npsd N , o<~ jgY A :t: S~-?{rt „ -°b d~ -5 ~.. w_ r ;i ' ~ ; - i5••. J., ~ ` - V . ~Y=L ~ O u~` ~ •F y'~ ~r ;{.. ~~. : p~; .gf 5? -, S~ qq G T. 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BAND TDD: 305.672.5501 VICE CHAIRPERSON WWW.HAGMB.ORG May 26, 2010 Jorge M. Gonzalez, City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 Re: CMB's Offer to Purchase an Easement through 1231-1251 17~' Street Dear Mr. Gonzalez: MILLI MEMBIELA COMMISSIONER MIGUELL DEL CAMPILLO EXECUTIVE DIRECTOR On May 18, 2010, the Board of Directors of the Housing Authority of the City of Miami Beach (HACMB) reviewed the offer of the City of Miami Beach dated May 11, 2010. At that time, the HACMB Boazd voted to accept the offer of the City and directed staff to work with the City in preparing the development agreement and closing documents relating to the creation of the perpetual easement for Pazcels "A" and "B", as identified in the May 11, 2010 offer. The HACMB Board has directed the HACMB general counsel to work with the City Attorney's office to expedite the development of the necessary documents. The HACMB looks forwazd to working with you to complete the above transaction. Sincerely yours, x.,/ Miguell Del Campillo, Executive Director cc: HACMB Boazd of Directors Mayor and City Commission Jorge Gomez, Assistant City Manager Kevin Crowder, Economic Development Director Raul Aguila, Deputy City Attorney Eve A. Boutsis, General Counsel i Attachment F HOUSING AUTHORITI' OF CITY OF MLAMI BEACH Agenda Item No. VI. B. .tune 22. 201(1 RESOLUTION NO. 201(1-14 RESOLUTION OF Tl-IF, HOUSING AU'rHURIT'Y OF T}-IE CITY OF MIAMI BE:4C1-1 {HACMBj PROVIDING AUTI-IC)RIZATION TO EXECUTE A PURCHASE .AND SALE OF PERPETUAL EASEMENT AGREEMENT FUR PARCELS .A AND B OF 1231-12~] 17T" STREET, MIAMI BEACH TO THE CITY OF MIAMI BEACH FOR 51,635,000; TU EXECUTE .A DEVELOPMENT .AGREEMENT REGARDING FI_,OOFZ AREA RATIO RIGI-I'T'S, SETBACKS, COORDINATING THE PRESENT:4TIC)N OF AFFORDABLE HOUSING ORDI7\ANCES IZELA'I'ING "I"O PARKING AND .4VER4GE UT~T1T SIZE. AND PROVIDING FOR .A 1 ~-?~ YLAR P1L0'f FORGIVENESS FOR THE I-IACMB'S AFFORDABLE HOUSING PROJECT TO BE LOCATED AT PARCEL C OF 1231-1251 17T" STREET; AU'T'HORIZING THE EXECUTIVE DIRECTOR 7'O EXECUTE THE ATT:4Ci-IF..D DOCUMENT'S: AND PRO\'IDING FUR AN EFFECTT~'E DATE. V~'HEKE.AS. the Housing Authority of the City of Miami Beach; the I-IACMB. is a public housing authority authorized under state law to provide affordable housing and is authorized to sell a perpetual easement to the Cite of Miami Beach over Parcels :4 and B of I23I-1251 17`h Street. Miami Beach, Florida: and. ~'1-IEIZE:AS, the City desires to purchase the easement area to construct the West :Avenue Bridge: and. V~'HERE.AS, the H:ACMB, subject to finalization of these documents and subject to final approval of the Cin~ Commission agreed to sell the perpetual easement to the City of Miami Beach for S1,Ei35.00U, plus certain conditions to be contained in a development agreement: and, V+'HEREAS, the purchase and sale and development a4~reements are attached hereto as exhibits 1 and ~' (which agreements are in substantial form): and. V~'HERE.AS. the 1-IACMB seeks to develop affordable housing on the remaining- portion. Parcel C, of 12 ~ 1-1251 17'x' Street. and the City, in the. development agreement, acknowledges the ability of the f-IACMB to use. the Floor Area Ratio 01~ Parcels A. B. and C, for development nn solely Parcel C: and. VdHEREAS, the parties agreed to a waiver of any PILOT (Payment in Lieu of Taxes) by the HACMB for a minimum of I ~ years. to a maximum of 2~ years, should certain proposed affordable housing ordinances not be enacted; and, WHEREAS, as part of the development agreement, the. Cite desires to promote and present (an) ordinance(s) relating to modifi~ing parking requirements and average unit size of affordable housing projects on Miami Beach. which proposed revisions would provide the HACMB the opportunity to provide a greater number of affordable housing units on 1 Th Sveet, Parcel C; and. V~~HEREAS, the parties understand they cannot contract zone, and therefore recognize that the City can propose and assist the HACMB in encouraging enactment of said ordinances but cannot guarantee same; and. WHEREAS, based upon the foregoing, the City has agreed, that should the ordinances not be enacted. the Cite would alternatively extend the PILOT forgiveness to ,~ years for the 17`x' Street site: and. WHEREAS, the City also shall promote the HACMB`s project and identify it as a preferred affordable housing project and shall assist the HACMB and make reasonable efforts to identif} funding sources for the project: and Wl-IEREAS, the HACMB desires to approve the attached Exhibits and to proceed to final closing.. NOVA', THEREFORE. BE IT RESUL.~~ED BY Tl-IE BO.AKD OF COMMISSIONERS OF TIIE 1-IOtJSING AL'THURITY OF THE CITY OF MIAMI BEACH. MIAMI-D.ADE COLT'Tl', FLORIDA: I. The above whereas clauses are incorporated by reference into this resolution. 2. The attached Exhibits 1 & 2 are incorporated by reference and approved in substantial form. 4. The HACMB authorizes the Executive Director. Mi,~uell Del Campillo to execute the attached Exhibits and tc~ proce;ed to final closing. on the sale of the easement area to the Cite of Miami Beach and is further authorised to execute any other documents deemed necessarti~ to complete the transaction contemplated herein. ~. Miguel] Del Campillo, the Executive Director., as the Board Secretary and Contract Officer of the }-IACMB is authorized and directed to negotiate the remaining specific terms of the proposed Ordinance relatin~~ to affordable housing. b. This Resolutions shall continue in full force. and effect and may be relied upon by the HACMB. the Cit}, and the applicable Property Title l.nsurance Compan}~, until receipt of written notice of an}~ change therein. The foregoing resolution was offered b}~ Commissioner Fernandez, who moved its adoption. T1~e motion was seconded b.' Commissioner Membiela and upon being put to a vote, the vote was as follows: Yes Leonard Turkel (.Absent) _ Michael R. Band X Milli Membiela }: Emilio D. Fernandez }~ Nn The Vice Chairperson thereupon declared the resolution du1~- passed and adopted this 22"~ day of June 20l U. -- - ~ ~. ~` ~' 7 Miguell Del Campillo, Se~tar~~ Housing Authorit~~ of the City of Miami Beach Appfo~e as t ' farm and content Ev~A;Bout~s. Office of General Counsel to Hdtzs~ing Authorit~~ of the City of Miami Beach