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96-22184 RESO RESOLUTION NO. 96-22184 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A HOME INVESTMENT PARTNERSHIPS (HOME) PROGRAM AGREEMENT BETWEEN THE CITY AND THE MIAMI BEACH DEVELOPMENT CORPORATION PROVIDING SEVEN HUNDRED THIRTY-EIGHT THOUSAND TWO HUNDRED FORTY-FOUR DOLLARS ($738,244) FOR THE ACQUISITION AND PRE-DEVELOPMENT COSTS OF THE JEFFERSON APARTMENTS, AT 542 JEFFERSON AVENUE, A PROJECT TO REHABILITATE AN EXISTING VACANT BUILDING TO PROVIDE 27 RENTAL UNITS FOR ELDERLY PERSONS MEETING THE ELIGIBILITY REQUIREMENTS OF THE HOME PROGRAM. WHEREAS, on February 18, 1992, the City was designated by the U.S. Department of Housing and Urban Development (HUD) as a Participating Jurisdiction to receive funding through the HOME Investment Partnerships (HOME) Program; and WHEREAS, the HOME Program encourages partnerships with the private sector and non- profit housing providers in order to expand the supply of affordable housing; and WHEREAS, on April 8, 1993, the Mayor and City Commission approved Resolution No. 93- 20756, designating the Miami Beach Development Corporation (MBDC) as a Community Housing Development Organization (CHDO); and WHEREAS, in accordance with the HOME regulations, the City must reserve a minimum of fifteen percent (15%) of each fiscal year's HOME allocation for a CHDO set-aside for investment in housing to be developed, sponsored, or owned by CHDO's; and WHEREAS, on December 20, 1995, the Mayor and City Commission approved Resolution No. 95-21850, authorizing the execution of a HOME Program Agreement providing for a reservation of funds in the amount of $695,194 (Fund Reservation) for CHDO eligible projects to be developed, sponsored or owned by MBDC, consistent with the City's Consolidated Plan; and WHEREAS, on July 3, 1996, the Mayor and City Commission approved Resolution No. 96- 22045, adopting the City's 1996/1997 One-Year Action Plan for Federal Funds; and WHEREAS, the Action Plan budgeted fifteen percent (15%) of the City's 1996/97 HOME entitlement allocation to MBDC for CHDO projects, as required by the HOME Program regulations; and WHEREAS, MBDC has applied for funding from HUD under the Section 202 Program to provide housing for the elderly and, in the event the application for funding through the Section 202 Program is approved, the funds required from the City's HOME Program will be reduced to $169,519; and WHEREAS, the City's Loan Review Committee, at its October 18, 1996 meeting, reviewed MBDC's application for assistance and recommended its approval by the Mayor and City Commission; and WHEREAS, the proposed acquisition and rehabilitation of the Jefferson Apartments to provide rental housing for elderly persons is consistent with the City's Consolidated Plan. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Clerk are hereby authorized to execute the attached HOME Investment Partnerships Program Agreement between the City and the Miami Beach Development Corporation providing Seven Hundred Thirty-Eight Thousand Two Hundred Forty-Four Dollars ($738,244) for the acquisition and pre-development costs of the Jefferson Apartments, 542 Jefferson Avenue, a CHDO project to rehabilitate an existing vacant building to provide 27 rental units for elderly persons meeting the eligibility requirements of the HOME Program. In the event that the application submitted by MBDC to U.S. HUD for funding through the Section 202 Program is successful, the funding to be provided from the City's HOME Program will be reduced to $169,519. PASSED AND ADOPTED THIS ~ DAY OF November, 1996. ATTEST: _Ro~l- Pt4~ CITY CLERK f:\bs\m bdc\jeffersn. res I lHu.: f\;"1 'j-{U J ':.U LEGAL~ ByM ~ r':2 -UJ / ~.iItC CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139 CITY OF MIAMI BEACH COMMISSION MEMORANDUM NO. ~l, ~ -9~ TO: Mayor Seymour Gelber and Memben of the City Commission DATE: - November 6, 1996 FROM: Jose Garcia-Pedrosa City Manager SUBJECT: A RESOLUTION HORIZING THE MAYOR AND CITY CLERK TO EXECUTE A HOME VESTMENT PARTNERSHIPS (HOME) PROGRAM AGREEMENT BETWEEN THE CITY AND THE MIAMI BEACH DEVELOPMENT CORPORATION (MBDC), UTILIZING FUNDING FROM A PREVIOUSLY AUTHORIZED FUND RESERVATION OF $695,194, AND THE FY 1996-97 COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO) 15 PERCENT SET-ASIDE OF $193,050, APPROVED BY THE MAYOR AND CITY COMMISSION ON JULY 3, 1996. FUNDING WILL BE UTILIZED FOR A CHDO-ELlGIBLE PROJECT TO BE DEVELOPED BY MBDC, CONSISTENT WITH THE CITY'S CONSOLIDATED PLAN, PROVIDING $738,244 FOR THE ACQUISITION AND PRE-DEVELOPMENT COSTS OF THE JEFFERSON APARTMENTS, AT 542 JEFFERSON AVENUE, A PROJECT TO REHABILITATE AN EXISTING VACANT BUILDING TO PROVIDE 27 RENTAL UNITS FOR ELDERLY PERSONS MEETING THE ELIGIBILITY REQUIREMENTS OF THE HOME PROGRAM. ADMINISTRATION RECOMMENDATION: The Administration recommends that the Mayor and City Commission adopt the attached Resolution, authorizing the Mayor and City Clerk to execute a-HOME Program agreement between the City and the Miami Beach Development Corporation (MBDC). The Resolution provides for the execution of a HOME Program agreement for $738,244 for the acquisition and pre-development costs of the Jefferson Apartments at 542 Jefferson Avenue. The Jefferson is a Community Housing Development Organization (CHDO) project that will rehabilitate an existing vacant building to provide 27 rental units for elderly persons meeting the eligibility requirements of the HOME Program. In the event that an application submitted by MBDC to U.S. HUD for funding through the Section 202 Program is successful, the funding to be provided for this project from the City's HOME Program will be reduced to $169,519. AGENDA ITEM C1G 1 \ -l. -0, ~ DATE COMMISSION MEMORANDUM NOVEMBER 6, 1996 PAGE 2 BACKGROUND: The HOME Program encourages partnerships between the government and the private sector, including for-profit and not-for-profit organizations to acquire, construct, rehabilitate or manage affordable housing. The City is required to allocate a minimum of fifteen percent (15%) of each fiscal year's annual allocation of HOME funds to designated Community Housing Development Organizations (CHDOs) to be used for eligible projects developed, sponsored, or owned by the CHDO. MBDC is the City's designated CHDO. The Jefferson Apartments is a vacant 3-story Mediterranean Revival Building built in 1924, located in the Ocean Beach Historic Architectural District. The building currently consists of 28 one-bedroom units, and has a total of approximately 15,600 square feet. The prior owners vacated the building, intending to rehabilitate the property with private funds. Some rehabilitation work was undertaken. Subsequently, the owners offered the property for sale. The rehabilitation work undertaken by the prior owner is as follows: 1. all interior demolition 2. all structural repairs 3. rough plumbing 4. rough electrical wiring (1 st and 2nd floor) 5. partial installation of sprinkler system in common areas 6. framing for interior unit partitions 7. rough flooring 8. windows have been purchased but not installed On July 16, 1996, MBDC entered into a contract for sale and purchase in the amount of $625,000 for the purchase of the Jefferson Apartment building. On August 27, 1996, MBDC submitted a request to the City to utilize a portion of the $695,194 HOME fund reservation for a project site control and seed money loan for the acquisition of the Jefferson Apartments. The fund reservation agreement allows MBDC to utilize 10% of the fund reservation, $69,519, for project-specific technical assistance, site control loans and seed money loans, so that MBDC can secure a site through a refundable deposit, contingent upon subsequent site approval by the Loan Review Committee and the City Commission. The City provided $69,519 in HOME funds based on a review of the initial development budget, development team, unit cost, target group, and location. MBDC is proposing to rehabilitate the building to provide twenty-seven (27) units of rental housing, consisting of twenty-three (23) one-bedroom units and four (4) studio apartments. The units will be rented to elderly persons meeting the income requirements of the HOME COMMISSION MEMORANDUM NOVEMBER 6, 1996 PAGE 3 program. The building will be equipped with a full service elevator and resident lounge and social area. The project is consistent with the City's Consolidated Plan which states that the elderly are the segment of the population with the greatest need for affordable rental housing. MBDC will require a total of $738,244 of City HOME funds for the project and plans to pursue other public and private funds for the balance of financing needed for the project. The City's HOME funds would be provided from the balance of the existing fund reservation in the amount of $545,194, combined with MBDC's 1996/97 CHDO allocation of $193,050, for a total of $738,244. The maximum amount of HOME funds from all sources allowed by U.S. HUD for this project is $1,784,359, based on the proposed unit configuration. As a funding alternative, MBDC has applied for funding from U.S. HUD under the Section 202 Program to provide housing for the elderly, and in the event the application for funding through the Section 202 Program is approved, the funds required from the City's HOME Program will be reduced to $169,519. On October 18, 1996, the Loan Review Committee reviewed and recommended approval of MBDC's funding request for the Jefferson project. MBDC has hired an architectural firm for the project, STA Architectural Group, and preliminary drawings have been completed. However, the completed drawings and specifications must be submitted to the City's Planning and Zoning Division and to the Building Services Division for review and permitting. The project will be required to comply with all applicable codes and ordinances. Certain apartment units shown on the preliminary plans are below the minimum unit size criteria established by the City's Zoning Ordinance. MBDC will be required to comply with the procedures for non-conforming buildings to obtain appropriate permits and variances, if required. The floor grade of the first level of the building is below the base floodplain elevation required by the Federal Emergency Management Agency (FEMA) of 8 feet above NGVD. MBDC will be required to comply with the provisions of the City's Flood Plain Management Ordinance 92-2822 to obtain appropriate permits and variances, if required. CONCLUSION: The Administration recommends that the Mayor and City Commission adopt the attached Resolution authorizing the Mayor and City Clerk to execute a HOME Program agreement COMMISSION MEMORANDUM NOVEMBER 6, 1996 PAGE 4 between the City and the Miami Beach Development Corporation. The Resolution provides for the execution of a HOME Program agreement for $738,244 for the acquisition and pre-development costs of the Jefferson Apartments at 542 Jefferson Avenue. The Jefferson is a CHDO project that will rehabilitate an existing vacant building to provide 27 rental units for elderly persons meeting the eligibility requirements of the HOME Program. In the event that the application submitted by MBDCto U.S. HUD for funding through the Section 202 Program is successful, the funding to be provided from the City's HOME Program will be reduced to $169,519. JGP/H~C/BS/CAH F :\bs\MBDC~efferso.mem PROJECT AGREEMENT THIS AGREEMENT, entered into thiS~tJ-. day of hot! ,1996 by and between the CITY OF MIAMI BEACH, a Florida municipal corporation, having its principal office at 1700 Convention Center Drive, Miami Beach, Florida, (hereinafter referred to as the City), and the MIAMI BEACH DEVELOPMENT CORPORATION, a not-for-profit Florida corporation, with offices located at 1205 Drexel Avenue, Miami Beach, Florida (hereinafter referred to as MBDC). WITNESSETH: WHEREAS, the U.S. Department of Housing and Urban Development (HUD) has issued rules providing for the utilization of Federal funds in the provision of affordable housing for low income persons under the HOME Investment Partnerships Act (HOME); and WHEREAS, the City has established a HOME Investment Partnerships Program under the HUD rules, which provides financial assistance for the purpose of providing affordable housing within the City; and WHEREAS, the City has determined the necessity for providing affordable housing in the City through its Consolidated Plan, which was adopted by Resolution No. 95-21670, on July 26, 1995 and its One-Year Action Plan for FY 1996/97 Federal Funds adopted by Resolution No. 96-22046 on July 3, 1996; and WHEREAS, the Mayor and City Commission, by Resolution No. 93-20756, designated MBDC as a qualified Community Housing Development Organization under the HOME Program; and WHEREAS, MBDC certifies that it possesses the legal authority to enter into this Agreement, by way of a resolution, motion, or similar action that has been duly adopted or passed as an official act of the MBDC governing body, authorizing the execution of this Agreement, including all understandings and assurances contained herein, and authorizing the person identified as the official representative of MBDC to act in connection with this Agreement and to provide such additional information as may be required; and WHEREAS, it is acknowledged and agreed that funds to be granted to MBDC derive from Federal funds appropriated to the City by HUD, for the uses and purposes herein referred to and, accordingly, it is acknowledged and agreed that this Agreement is entered into in compliance by the parties with all applicable provisions of Federal, State and local laws, statues, rules and regulations; and NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties hereto agree as follows: ARTICLE I DEFINITIONS As used in this Agreement the terms listed below shall have the following meanings: (a) HOME: HOME Investment Partnerships Program, 24 CFR Part 91 and 92, as amended. (b) HUD: United States Department of Housing and Urban Development. 1 (c) CHDO: Community Housing Development Organization as defined in the HOME Investment Partnerships Program, 24 CFR Part 91 and 92, as amended, and CPO Notice 94-02. (d) Funds: HOME Program funds. (e) Terms defined in the HOME Investment Partnerships Program Final Rule, 24 CFR Parts 91 and 92, September 16, 1996, and any amendments thereto: Any term defined in the HOME Investment Partnerships Program rule, not otherwise defined in this Agreement, shall have the meaning set forth in said rule. ARTICLE II ALLOCATION OF HOME FUNDS The City agrees to allocate HOME funds to MBDC in the amount of Seven Hundred Thirty- Eight Thousand Two Hundred Forty-Four Dollars ($738,244) (referred to herein as the "HOME Funds" or the "Funds"). The Funds will be used by MBDC towards the acquisition and rehabilitation of a twenty-seven unit rental project (the "Project") to be occupied by elderly persons qualified under the HOME Program as more fully described in the Scope of Services (Exhibit A), and Budget (Exhibit B), attached hereto. MBDC agrees that it will execute a Restrictive Covenant with the City, that will detail the restrictions imposed upon MBDC in consideration for the Funds provided for the Project that will be recorded in the Official Records of Dade County Florida. ARTICLE III PROGRAM INCOME MBDC agrees that any program income generated from the use of HOME funds under this Agreement, after making all debt repayments to the City (or other lender) if any, is to be used by MBDC to further other affordable housing activities. ARTICLE IV SPECIAL PROVISIONS APPLICABLE TO FUNDS PROVIDED UNDER THE HOME PROGRAM MBDC expressly agrees to the following terms and conditions in conformity with 24 CFR Parts 91 and 92: (a) Affordability Period. The period of time HOME assisted units must remain affordable is in accordance with 24 CFR 92.252 or 24 CFR 92.254 as applicable, or the term of a HUD insured mortgage, whichever period occurs later. The funds, in accordance with the Scope of Services (Exhibit A) and Budget (Exhibit B), shall be repaid to the City in the event the housing does not meet the affordability requirements for the specified time period in accordance with 24 CFR Part 92.503(b). (b) Repayment of Funds; Transfer of Title. The Funds (which definition shall include the allocation of any additional funds that may be provided by the City in the future as a result of an amendment or modification of this Agreement) shall be repaid in their entirety if the HOME units do not meet the affordability requirements for the specified time period, in accordance with the terms of this Agreement and the Regulations. Any violation of the affordability requirements may, at the City's option, result in the entire amount of the Funds, as indicated in Article II or as subsequently amended or modified, to be returned and/or otherwise repaid by MBDC to the City. The City reserves the right to review the affordability requirements, as set forth herein. Concurrent with its execution of this Agreement and/or any projects pursuant to this Agreement, MBDC shall execute a Restrictive Covenant incorporating the terms of this section. 2 (c) Rent Limitation. HOME assisted rental units will bear rents in accordance with 24 CFR 92.252. (d) Rent schedule and utility allowances. In accordance with 24 CFR 92.252(b)(c) and (d), the City must review and approve rents and the monthly utility allowances proposed by the owner prior to initial occupancy. MBDC must reexamine and document the income of each tenant living in the HOME assisted units at least annually. The maximum monthly rent must be recalculated by MBDC and reviewed and approved by the City annually. (e) MBDC shall comply with all applicable federal regulations as they may apply to restrictions and limitations regarding real property under MBDC's control acquired or improved in whole or in part with HOME funds. The Funds shall be subject to all of the terms and conditions of the HOME Program, 24 CFR Parts 91 and 92, and any amendments thereto. (1) Projects must provide safe, sanitary, and decent residential housing for low-income and very low-income persons (Le., a person whose income is within specific income levels set forth by u.s. HUD). (g) Income Targeting. MBDC shall maintain written documentation that conclusively demonstrates that each project assisted in whole or in part with HOME funds provides benefit to very-low (families whose annual incomes that do not exceed 50 percent of the median family income for the area) and low-income (families whose annual incomes do not exceed 80 percent of the median income for the area) as determined by HUD. (h) MBDC as the City's designated Community Housing Development Organization, shall maintain a financial management system that conforms to the financial accountability standards of 24 CFR 84.21, "Standards for Financial Management Systems." (i) Records: MBDC shall maintain all records sufficient to meet the requirements of 24 CFR 92.508(a)(2) program records, 92.508(a)(3) project records, 92.508(a)(5) other Federal requirements records, 92.508(a)(6) program administration records. All records required herein shall be retained and made accessible as provided in 24 CFR 92.508 (c) and (d) and Florida Statutes Chapter 119. 0) Property Standards. For the duration of this Agreement and any amendments hereto, housing that is assisted with HOME funds, must meet all applicable local codes, rehabilitation standards, ordinances and zoning ordinances at the time of project completion. An owner of rental housing assisted with HOME funds must maintain the housing in compliance with all applicable State and local housing quality standards and code requirements and if there are no such standards or code requirements, the housing must meet the housing quality standards in 24 CFR 982.401. The owner of rental housing assisted with HOME funds will maintain the housing in compliance with the applicable housing quality standards and local housing code requirements for the duration of this agreement and any amendments hereto. The City shall conduct annual or bi-annual, as required, on site inspections of rental projects to determine compliance with housing codes. (k) Maximum and Minimum Amount of HOME Subsidy Per Unit. The minimum amount of HOME funds that can be invested is $1,000 times the number of HOME assisted units, and the maximum amount of HOME subsidy is limited to the amounts listed in Exhibit C. The number of HOME units to be provided for each project or activity are specified in the Scope of Services (Exhibit A), attached hereto. 3 (I) Environmental Clearance. For each activity or project described in the Scope of Services (Exhibit A), attached hereto, for which a location has not yet been identified, immediately after a site is identified by MBDC, MBDC shall obtain the City's written environmental clearance statement and shall agree in writing to comply with any and all requirements as may be set forth in the Site Environmental Clearance Statement. (m) Affirmative Marketing. MBDC agrees to implement the City's adopted affirmative marketing procedures and requirements for rental and homebuyer projects containing 5 or more HOME-assisted housing units as set forth in 24 CFR 92.351. (n) CHDO Capabilities. MBOC, as a CHOO, agrees to either develop, sponsor or own the HOME assisted project and in any of these capacities it must have effective management control. (0) Change in Status: MBDC agrees to advise the City in writing within thirty (30) days of any organizational, operational, or legal status changes made by MBDC that affect documents that were submitted by MBDC to obtain CHDO status. (p) Tenant and Participant Protections. MBDC agrees that the lease to be executed with the tenants of rental housing must be in accordance with 24 CFR 92.253. MBDC agrees to adhere to and develop a fair lease and grievance procedure which will provide a plan for and follow a program of tenant participation in management decisions, to be submitted to the City for approval, no later than 60 days from the date of this Agreement. (q) Religious organizations. HOME funds may not be provided to primarily religious organizations, such as churches, for any activity including secular activities. In addition, HOME funds may not be used to rehabilitate or construct housing owned by primarily religious organizations or to assist primarily religious organizations in acquiring housing (r) Affordable housing: homeownership. Housing that is for purchase qualifies as affordable housing only if the housing has an initial purchase price or, appraised value after rehabilitation or repair, that does not exceed 95% of the median purchase price for the type of single- family housing for the City of Miami Beach, currently $112,350, and subject to change as determined by HUD; is the principal residence of an owner whose family qualifies as low-income at the time of purchase; is subject to resale restrictions or recapture provisions established by the City for the required period of affordability. ARTICLE V ELIGIBLE COSTS MBOC agrees that eligible costs for the projects under this Agreement are limited to those eligible costs as outlined in 24 CFR 92.206 of the HOME Program regulations. ARTICLE VI DISBURSEMENT OF FUNDS (1) MBDC shall be paid for eligible acquisition and pre-development costs, permitted under the Budget (Exhibit B) based on anticipated or actual costs, with supportive documentation for expenses that are considered reasonable and necessary and approved by MBDC's authorized representative. 4 (2) Any payment due under the terms of this Agreement may be withheld pending the receipt and approval by the City of all reports and documents which MBDC is required to submit to the City pursuant to the terms of this Agreement or any amendments thereto. (3) No payments will be made without evidence of appropriate insurance required by this Agreement. Such evidence must be on file with the City. (4) MBDC understands and agrees that disbursement request of funds under this Agreement are only to be requested when the funds are needed for payment of eligible costs. The amount of each request must be limited to the amount needed. (5) The City desires to enter into this Agreement only if in so doing it can retain the right of approval over the disbursement of HOME funds for the individual real estate transactions contemplated herein. MBDC shall be required to submit all necessary documentation relative to the aforestated transactions to the City's Housing and Community Development Division for review thirty (30) days prior to the disbursement of HOME funds for the individual transactions. (6) Cancellations of projects or site transactions with disbursements: If a project or site transaction is cancelled, whether voluntarily by MBDC or otherwise, an amount equal to the HOME funds disbursed by the City for the transaction, must be repaid to the City. The City shall be immediately notified, in writing, of a project or site cancellation and all funds disbursed by the City shall be repaid to the City within 15 days of the date of project or site cancellation. ARTICLE VII SUBCONTRACTS (a) MBDC agrees to include a statement in all subcontracts that it executes that the subcontractor shall hold the City harmless against all claims of whatever nature arising out of the subcontractor's performance of work under this Agreement to the extent allowed by law. (b) If MBDC subcontracts, a copy of the executed subcontract must be forwarded to the City within ten (10) days after execution. ARTICLE VIII CONDITIONS OF SERVICES (a) As a condition of these services, MBDC agrees to comply with the regulations of the HOME Program and any Amendments thereto as stated in 24 CFR Parts 91 and 92. (b) MBDC agrees to comply with the requirements of Executive Orders 11625 and 12432 concerning Minority Business Enterprise and 12138 Women's Business Enterprise which encourage the use of minority and women's business enterprises in connection with HOME-funded activities. (c) MBDC agrees to abide by and comply with the requirements under Section 1352, Title 31, U.S. Code regarding Lobbying. (d) MBDC agrees to abide by and comply with the requirements of 24 CFR Part 24, regarding debarment and suspension, which in part states that neither it or its principals is presently debarred, suspended, proposed for debarment, declared ineligible, or voluntarily excluded from 5 participation in this covered transaction in any proposal submitted in connection with the lower tier transactions. (e) MBDC must comply with the Displacement, Relocation, and Acquisition requirements in accordance with the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (URA) (42 U.S.C. 4201-4655) and 49 CFR Part 24. (f) MBDC agrees to abide by and be govemed by the Equal Opportunity and Fair Housing laws: (1) Equal Opportunity: No person in the United States shall on the grounds of race, color, national origin, religion, disability or sex be excluded from participation in, be denied the benefits of or be subjected to discrimination under any program or activity funded in whole or in part with HOME funds. (2) Fair Housing Act (42 U.S.C. 3601-20) and implementing regulations at 24 CFR Part 100, Executive Order 11063, as amended by Executive Order 12259 (3 CFR 1958-1963 Comp., P 307) Equal Opportunity in Housing and Implementing regulations at 24 CFR Part 107 and Title VI of the Civil Rights Act of 1964 (42 U.S.C. 2000d) Non Discrimination in Federally Assisted Programs and implementing regulations issued at 24 CFR Part I; (3) The prohibition against discrimination on the basis of age under the Age Discrimination Act of 1975 (42 U.S.C. 6101-07) and implementing regulations of 24 CFR Part 146, and the prohibitions against disabled individuals under the Section 504 of the Rehabilitation Act of 1973 (29 U.S.C. 794) and implementing regulations at 24 CFR Part 8 and Title II of the American with Disabilities Act, Public Law 101-336; (4) The requirements of Executive Order 11246 (3 CFR 1964-65, Comp., P339) Equal Opportunity and the implementing regulations issued at (4 CFR Chapter 60); (5) The requirements of Section 3 of the Housing and Urban Development Act of 1968 (12 U.S.C. 1701 u) the purpose of which is to insure that the employment and other economic opportunities generated by Federal financial assistance for housing and community development programs shall, to the greatest extent feasible, be directed toward low- and very-low income persons, particularly those who are recipients of government assistance for housing. (g) Housing assisted with HOME funds constitutes HUD-associated housing for the purpose of the Lead-Based Paint Poisoning Prevention Act (42 U.S.C. 4821, et seq.) and is, therefore, subject to 24 CFR 35. (h) MBDC must comply with the Federal Labor Standards Provisions, as described in HUD Handbook 1344-1 (Federal Labor Standards Compliance in Housing and Community Development Programs), as applicable. ARTICLE IX TERM OF AGREEMENT This Agreement shall be effective upon execution by both parties and shall end at the conclusion of the period of affordability as specified in 24 CFR 92.252 (affordable rental housing), or 92.254 (affordable homeownership housing), as applicable. 6 ARTICLE X TERMINATION The City and MBDC agree that this Agreement may be terminated in whole or in part, for cause (as more specifically defined in Article XXVI herein) or for convenience, in accordance with the provisions of 24 CFR, Part 85.44. A written notification shall be required at least thirty (30) days prior to the effective date of such termination, and shall include the reason for the termination (if for cause), the effective date, and in the case of a partial termination, the actual portion to be terminated. Notwithstanding the language set forth herein, the City's reasons for terminating the Agreement for convenience, in whole or in part, shall not be arbitrary or capricious. ARTICLE XI AMENDMENTS Any amendments, alterations, variations, modifications or waivers of any provisions to this Agreement, including an increased allocation of funds, will only be valid when they have been produced in writing and duly signed the both parties hereto. Any changes which do not substantially change the Scope of Services or increase the total amount payable under this Agreement, shall be valid only when reduced to writing and signed by the City Administration and MBDC. ARTICLE XII CONFLICT OF INTEREST (a) MBDC shall comply with the standards contained within 24 CFR Part 92.356(2). (b) MBDC shall disclose any possible conflicts of interest or apparent improprieties of any party that is covered by the above standards. MBDC shall make such disclosure in writing to the City immediately upon MBDC's discovery of such possible conflict. The City will then render an opinion which shall be binding on all parties. (c) Related Parties. MBDC shall report to the City the name, purpose, and any other relevant information in connection with any related-party transaction. This includes, but is not limited to, a for-profit subsidiary or affiliate organization, an organization with overlapping boards of directors, and an organization for which MBDC is responsible for appointing memberships. MBDC shall report this information to the City upon forming the relationship or, if already formed, shall report it immediately. Any supplemental information shall be reported to the City required Progress Report. ARTICLE XIII INDEMNIFICATION AND INSURANCE MBDC, through an insurance carrier, shall indemnify and hold harmless the City from any and all claims, liabilities, losses, and causes of action which may arise out of an act, omission, negligence or misconduct on the part of MBDC or any other person entering upon MBDCs place of business. MBDC, through its insurance carrier, shall pay all claims and losses of any nature whatsoever in connection therewith and shall defend all suits in the name of the City, when applicable, and shall pay all costs and judgements which may issue thereon. MBDC, through an insurance carrier, shall provide a General Liability Policy with coverage for Bodily Injury and Property Damage, in the amount of $500,000 per occurrence (the policy must include coverage for contractual liability to cover the above indemnification); and the City of Miami 7 Beach shall be named as an additional insured followed by the statement: "The coverage is primary to all other coverage carried by the City covering this specific agreement only." MBDC shall hold proof of Workers' Compensation Coverage as per statutory limits of the State of Florida. Automobile and vehicle coverage shall be required when the use of automobiles and other vehicles are involved in any way in the performance of the Agreement. MBDC shall submit to the City an ORIGINAL Certificate of Insurance. All insurance coverage shall be approved by the City's Risk Manager prior to the release of any funds under this Agreement. Further, in the event evidence of such insurance is not forwarded to the City's Risk Manager within thirty (30) days after the execution of this Agreement, this Agreement shall become null and void, and the City shall have no obligation under the terms thereof unless a written extension of this thirty (30) day requirement is secured from the Risk Manager. ARTICLE XIV REPORTS (1) ProQress Reports. MBDC agrees to submit monthly progress reports to the City, describing the status of each project and achievement of the project objectives as provided herein and in the Scope of Services (Exhibit A), attached hereto. The progress reports shall be submitted no later than 10 days after the end of each month until such time as all funds are expended or, for rental projects, until the project is fully occupied. It will be the responsibility of MBDC to notify the City in writing, of any actions, law, or event, that will impede or hinder the success of the projects and activities as provided in this Agreement. After such notification the City will take whatever actions it deems appropriate to ensure the success of the program. (2) Tenant and Rent Schedule Certification. a. MBDC shall submit to the City for approval the proposed rents for the HOME units and, if applicable, the monthly allowances for utilities and services to be paid by the tenant. b. MBDC shall provide the City with the initial tenant list, and any and all subsequent updates, amendments and modifications thereto, with documentation for all tenants in the HOME units confirming family size, income, financial classification, ethnicity, and the amount of the HOME rent. This report will continue to be required for the full period of affordability hereunder, beginning on the date of issuance of a Final Certification of Occupancy for the project. c. Annually, MBDC shall deliver to the City's Housing and Community Development Division, by November 1 st of each calendar year, its signed report in form and substance acceptable to the City, to include names of tenants, unit type, family size and income, rents charged, and occupancy/vacancy factor of each unit for the prior fiscal year (October 1 st through September 30th). The report will continued to be required for the full period of affordability hereunder beginning on the date of issuance of a Final Certificate of Occupancy for the project. 8 (3) Other reports as may be required by the City to demonstrate compliance with any of the terms of this Agreement. If the required reports described above are not submitted to the City or are not completed in the manner acceptable to the City, the City may withhold further payments until they are completed or may take any other action as the City may deem appropriate. ARTICLE XV AUDIT AND INSPECTIONS At any time during normal business hours and as often as the City administration and/or the comptroller of the United States may deem necessary, there shall be made available to the City administration and/or representatives of the comptroller to audit, examine and make audits of all contracts, invoices, materials, payrolls, records of personnel, conditions of employment and other data relating to all matters covered by this Agreement. If during the course of a monitoring, the City determines that any payments made to MBDC do not constitute an allowable expenditure, the City will have the right to deduct/reduce those amounts from their related invoices. MBDC must maintain records necessary to document compliance with the provisions of this Agreement. ARTICLE XVI COMPLIANCE WITH LOCAL STATE AND FEDERAL REGULATIONS MBDC agrees to comply with all applicable Federal regulations as they may apply to program administration. Additionally, MBDC will comply with all State and local laws and ordinances hereto applicable. ARTICLE XVII ADDITIONAL CONDITIONS (a) It is expressly understood and agreed by the parties hereto that moneys contemplated by this Agreement, to be used for the compensation, originated from grants under the HOME Program and is contingent upon approval of activities by the United States Department of Housing and Urban Development. (b) Title and paragraph headings are for convenient reference and are not a part of this Agreement. (c) In the event of conflict between the terms of this Agreement and any terms or conditions contained in any attached document, the terms in this Agreement shall rule. (d) No waiver or breach of any provision of this Agreement shall constitute a waiver of any subsequent breach of the same or any other provision hereof, and no waiver shall be effective unless made in writing. ARTICLE XVIII ACCESS TO RECORDS MBDC, agrees to allow access during normal business hours to all financial records to authorized Federal, State or City representatives and agrees to provide such assistance as may be necessary to facilitate financial audit by any of these representatives when deemed necessary to 9 insure compliance with applicable accounting and financial standards. MBDC shall allow access during normal business hours to all other records, forms, files, and documents which have been generated in performance of this Agreement, to those personnel as may be designated by the City. ARTICLE XIX SEVERABILITY OF PROVISIONS If any provision of this Agreement is held invalid, the remainder of this Agreement shall not be affected thereby if such remainder would then continue to conform to the terms and requirements of applicable law. ARTICLE XX PROJECT PUBLICITY MBDC agrees that any news release or other type of publicity pertaining to the project as stated herein must recognize the City as the recipient funded by the United States Department of Housing and Urban Development administered by the Economic and Community Development Division of the Development, Design and Historic Preservation Services Department and the entity which provided funds for the Project. ARTICLE XXI DRUG/ALCOHOL MBDC agrees to administer in good faith, a policy to ensure that MBDC complies with the Drug-Free Workplace Act required under 24 CFR Part 24, Subpart F and will establish a policy to ensure that it's assisted projects are free from illegal use, possession or distribution of drugs or alcohol by it's beneficiaries. ARTICLE XXII NONDELEGABLE MBDC agrees that the obligations undertaken pursuant to this Agreement shall not be delegated or assigned to any other person or firm unless the City shall first consent in writing to the performance or assignment of such service or any part thereof by another person or firm. ARTICLE XXIII SUCCESSORS AND ASSIGNS MBDC agrees that this Agreement shall be binding upon the parties herein, their heirs, executors, legal representatives, successors, and assigns. ARTICLE XXIV INDEPENDENT CONTRACTOR MBDC and its employees and agents shall be deemed to be independent contractors and not agents or employees of the City, and shall not attain any rights or benefits under the Civil Service or Pension Ordinances of the City, or any rights generally afforded classified or unclassified employees; further he/she shall not be deemed entitled to the Florida Workers' Compensation benefits as an employee of the City. 10 ARTICLE XXV ASSIGNMENT This Agreement may not be assigned or transferred by MBDC without the prior written consent of the City thereto. It shall be deemed a default of this Agreement in the event that MBDC does not strictly comply with the procedures established herein for obtaining City consent to assignment or transfer as defined by this Paragraph. In the event such consent is not obtained, in the manner prescribed herein, the City shall be entitled to declare a default, cancel this Agreement, and resort to its rights and remedies against the defaulting party. In the event the Provider transfers an interest of more than one (1 %) percent ownership in its stock by pledge, sale, or otherwise; or if MBDC makes an assignment for the benefit of its creditors, or uses this Agreement as security or collateral for any loan; or if the Provider is involved in any bulk transfer of its business or assets, then in that event each of the foregoing actions shall also be deemed an assignment of this Agreement and shall require the City's prior written consent. A merger, dissolution, consolidation, conversion, liquidation or appointment of a receivership for MBDC, shall be deemed an assignment of this Agreement and will require the prior written consent of the City thereto. ARTICLE XXVI EVENTS OF DEFAULT The City may place MBDC in default of this Agreement and may suspend or terminate this Agreement in whole or in part for cause, as prescribed in Article X herein. "Cause" shall include the following: (a) Failure to comply and/or perform in accordance with any of the terms and conditions of this Agreement, or any Federal, State or local regulation; (b) Submitting any required report to the City which is late, incorrect, or incomplete in any material respect after notice and reasonable opportunity to cure, as set forth in subparagraph (h) hereof, has been given by the City to MBDC; (c) Implementation of this Agreement, for any reason is rendered impossible or infeasible; (d) Failure to respond in writing within thirty (30) days of notice of same from City to any concems raised by the City, including providing substantiating documentation when requested by the City; (e) Any evidence of fraud, waste or mismanagement as determined by the City's monitoring of project(s) under this Agreement, or any violation of applicable HUD rules and regulations; (f) MBDC's insolvency or bankruptcy; (g) An assignment or transfer of this Agreement or any interest therein which does not comply with the procedures set forth in Article XXIX herein; (h) Failure to comply and/or perform in accordance with the affordability requirements, and/or an unauthorized transfer of title to it's HOME Projects. 11 In the event of a default the City may, thirty (30) days after mailing to MBDC a notice of such default as set forth herein, automatically cancel and terminate this Agreement without liability to any party to this Agreement. If the default complained of is not fully and satisfactorily cured within thirty (30) days of MBDCs' receipt of such notice of default to MBDC, at the expiration of said thirty (30) day period (or such additional period of time (as permitted by the City, in its sole discretion) as required to cure such default in the event MBDC is diligently pursuing curative efforts) this Agreement may, at the City's sole option and discretion, be deemed automatically canceled and terminated, and the City fully discharged from any and all liabilities, duties and terms arising out of, or accruing by virtue of this Agreement. ARTICLE XXVII ADDITIONAL REMEDIES In the event of a default, the City shall additionally be entitled to bring any and all legal and/or equitable actions which it deems to be in its best interest, in Dade County, Florida, in order to enforce the City's rights and remedies against the defaulting party. The City shall be entitled to recover all costs of such actions, including reasonable attomey's fees. To the extent allowed by law, the defaulting party waives its right to jury trial and its right to bring permissive counterclaims against the City in any such action. ARTICLE XXVIII MAINTENANCE AND RETENTION OF RECORDS MBDC agrees that it will maintain all records required pursuant to 24 CFR Part 92, in an orderly fashion in a readily accessible, permanent and secured location, and that it will prepare and submit all reports necessary to assist the City in meeting record keeping and reporting requirements thereunder. (1) Records shall be maintained for a period of four (4) years after the closeout of funds under this Agreement except as provided herein (2), (3) and (4). (2) If any litigation, claim, negotiation, audit or other action has been started before the regular expiration date, the records must be retained until completion of the action and resolution of all issues which arise from it, or until the end of the regular period specified in paragraph (1), whichever is later; (3) Records regarding project requirements that apply for the duration of the period of affordability, as well as the written agreement and inspection and monitoring reports must be retained for three years AFTER the required period of affordability; (4) Records covering displacements and acquisition must be retained for at least three years after the date by which the persons displaced from the property and all persons whose property is acquired for the project have received the final payment to which they are entitled in accordance with 24 CFR 92.353. ARTICLE XXIX LIMITATION OF LIABILITY The City desires to enter into this Agreement only if in so doing the City can place a limit on 12 the City's liability for any cause of action for money damages due to an alleged breach by the City of this Agreement, so that its liability for any such breach never exceeds the sum of $738,244. MBDC hereby expresses its willingness to enter into this Agreement with MBDCs recovery from the City for any damage action for breach of contract to be limited to a maximum amount of $738,244. Accordingly, and notwithstanding any other term or condition of this Agreement, MBDC hereby agrees that the City shall not be liable to MBDC for damages in an amount in excess of $738,244, for any action or claim for breach of contract arising out of the performance or non-performance of any obligations imposed upon the City by this Agreement. Nothing contained in this paragraph or elsewhere in this Agreement is in any way intended to be a waiver of the limitation placed upon the City's liability as set forth in Florida Statutes, Section 768.28. ARTICLE XXX This Agreement shall be enforceable in Dade County, Florida, and if legal action is necessary by either party with respect to the enforcement of any terms and conditions herein, exclusive venue for the enforcement of same shall lie in Dade County, Florida. ARTICLE XXXI ADDITIONAL CONDITIONS AND COMPENSATION It is expressly understood and agreed by the parties hereto that monies contemplated by this Agreement to be used for the compensation, originated from grants of federal HOME Investment Partnerships Program funds, and must be implemented with all of the applicable rules and regulation of the U.S. Department of Housing and Urban Development. It is expressly understood and agreed that in the event of curtailment or non-production of said federal grant funds, that the financial sources necessary to continue to pay the Provider compensation will not be available and that this Agreement will thereby terminate effective as of the time it is determined that said funds are no longer available. In the event of such determination, MBDC agrees that it will not look to, nor seek to hold liable, the City or any individual member of the City Commission thereof, personally for the performance of this Agreement and all parties hereto shall be released from further liability each to the other under the terms of this Agreement. ARTICLE XXXII ACCESSIBILITY LAWS COMPLIANCE MBDC agrees to adhere to and be governed by all applicable requirements of the laws listed below including, but not limited to, those provisions pertaining to employment, provision of programs and services, transportation, communications, access to facilities, renovations, and new construction: The Americans with Disabilities Act of 1990 (ADA): Pub. L. 101-336, 104 Stat 327, 42 U.S.C. 12101-12213 and 547 U.S.C. Sections 225 and 611 including Title I, Employment; Title II, Public Services; Title III, Public Accommodations and Services Operated by Private Entities; Title IV, Telecommunications; and Title V, Miscellaneous Provisions. The Rehabilitation Act of 1973: 29 U.S.C. Section 794. The Federal Transit Act, as amended: 49 U.S.C. Section 1612. 13 The Fair Housing Act as amended: 42 U.S.C. Section 3601-3631. MBDC must complete and submit the City's Disability Non-Discrimination Affidavit (Affidavit), a copy of which is attached hereto and incorporated herein as Exhibit D. In the event MBDC fails to execute the City's Affidavit, or is found to be in non-compliance with the provisions of the Affidavit, the City may impose such sanctions as it may determine to be appropriate, including but not limited to, withholding of payments to MBDC under the Agreement until compliance and/or cancellation, termination or suspension of the Agreement in whole or in part. In the event the City cancels or terminates the Agreement pursuant to this Article, MBDC shall not be relieved of liability to the City for damages sustained by the City by virtue of MBDC's breach of the Agreement. ARTICLE XXXIII NOTICES All notices shall be sent to the parties at the following addresses, with copies to the Office of the City Attorney: City: Harry S. Mavrogenes Assistant City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, FL 33139 with copies to: Murray H. Dubbin, City Attorney City of Miami Beach 1700 Convention Center Drive Miami Beach, FL 33139 MBDC: Denis Russ, President Miami Beach Development Corporation 1205 Drexel Avenue Miami Beach, FL 33139 The above parties may change such addresses at any time upon giving the other party written notification. All notices under this Agreement must be in writing and shall be deemed to be served when delivered to the address of the addressee. All notices served by mail shall be registered mail, return-receipt requested. 14 IN WITNESS WHEREOF, MBDC has caused this Agreement to be executed by its duly authorized official(s), and the City has caused this Agreement to be executed by its duly authorized officer(s), the day and year first above written. ~ J;}~4.A-- Secr ary L MIAMI BEACH DEVEL A FLORIDA NOT-F ATTEST CITY OF MIAMI BEACH R6lML~ ~t<A-~ City Clerk F:BSIMBDC\JEFFERSN.AGR I U;U\,l J\?FRui.//::.u lEGAl__W;~ By 11( ~ r..~," -1OI3l-f%. 15 EXHIBIT A SCOPE OF SERVICES THE JEFFERSON APARTMENTS 542 Jefferson Avenue, Miami Beach, Florida 33139 The Jefferson Apartments located at 542 Jefferson Avenue, Miami Beach, is a vacant three story Mediterranean Revival Building build in 1924, located in the Historic Architectural District. The building will be acquired and rehabilitated into a total of twenty- seven (27) HOME-assisted units, twenty-three (23) one bedroom units and four (4) efficiency units. The units will be rented to elderly persons that meet the income requirements of the HOME Program throughout the period of affordability. The building will be equipped with a full service elevator and resident lounge and social area which will be accessible to all residents. MBDC agrees to start construction of the Project within twelve months of the execution date of this Agreement. LEGAL DESCRIPTION OF PROPERTY Lot 3 Block 84 of Ocean Beach Addition No 3, as recorded in Plat Book 2, Page 81 of the Public Records of Dade County Florida 16 EXHIBIT B BUDGET (attached proforma dated October 30, 1996) 17 ~Li.i tS~ ~~ ~g2 a::o::.<: WWri ltu.dI ~~.- w",E i:~~ ~~ -W ~~ al< 8 8 ~ @ Irf 1.0- '" fit I- l3 u I- Z l o ...I W ~ a w a:: CL ~ 8 8 ~ ~ ~f 1/1- i ~ (ij u :.~ g- ~ ~ li < -' en < 888888888 ~~~@~~~~~ ""'-(f"; ~~- .....-CD- .. III o E fit Co 2!. Co ~~ "[ 1;[ "[ z.... Zi.", 0 Wltl ~ U1,.... 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N ... ! ... wi ~ ~ i wi S1 ..: N co ..; N ~ wi 2! ~ ~ ... wi 2! ... 1/'1 a ~ ~ PARTICIPATING JURISDICTION MIAMI BEACH EXHIBIT C HOME PROGRAM MAXIMUM PER-UNIT SUBSIDY LIMITS REGION 04 FIELD OFFICE: 29 JACKSONVillE, Fl STATE EFFICIENCY* 1BR ABBREV 2BR 3BR FL $58,764 $67,361 $81,911 $105,964 * Q-bedroom includes efficiency units and single room occupancy (SRO) units Effective April 1995 18 4BR $116,316 EXHIBIT D DISABILITY DISCRIMINATION AFFIDAVIT 19 DISABILITY NONDISCRIMINATION AFFIDAVIT CONTRACT REFERENCE 77--u:..... /J';'CLc!F:>CI1 aLJeLI-!n7cid:s , NA1vfE OF FIRM, CORPORATION, OR ORGANIZA TrON /77;J uc- AUTHORlZED AGENT CO~{PLETrNG AFFIDA V1T: 1)[/1.//5 /1-. A~.( $.s POSITION ;)?.z:..s/ f~NI PHONE NU1vfBER (:?0) 6-38 -DO /~ r,lJcM'_S A. 4{{ s S , being duly first swom state: That the above named firm, corporation or organization is in compliance with and agrees to continue to comply with, and assure that any subcontractor, or third party contractor under this project complies with all applicable requirements of the laws listed below including, but not limited to, those provisions pertaining to employment, provision of programs and services, transportation, communications, access to facilities, renovations, and new construction. The Americans with Disabilities Act of 1990 (ADA): Pub. L 101-336, 104 Stat 327, 42 U.s.e. 12101- ] 22] 3 and 47 U.s.e. Sections 225 and 611 including Title I, Employment; Title II, Public Services; Titic III, Public Accommodations and Services Operated by Private Entities; Title IV, Telecommunications; and Title V, Miscellaneous Provisions. The Rehabilitation Act of 1973: 29 USC. Section 794. The Federal Transit Act, as amended: 49 U.S.e. Section 1612. The Fair Housing Act as amended: 42 U.S'e. Section 3601-3631. SUBSCRIBED AND SWORN TO (or alfumed) before me on :Jl A ~ (Date) / E N IS . us S .~She is p.=rsonallv known to me Q( has (Affiant) by as identification. prcxnted (Type of idcnlification) ~~~ (Signature of Notary) ~ C {l L/- +0g5~ (Serial Number) JUDITH MARSHAlL MY COMMISSION II CC 446852 IU{)ITH M/tR5HA--LL L/-~g-9'1 (P rin' 01 S,." P N ""e of N?'~) , , (E'p;,,';on 0''') Notary Public ~ ~J-~ (Slate) NotaJySeal The City of Miami Beach will not award a ronlract to any finn, rorporalion or orgaruzJ!ion tha! fails to complete and submit this A11idavit with the finn, corporJlion or organization's bid or propos.:!! or fails to ha\'c this A11idavit on file with the City of Mi.JJ111 Beach.