HomeMy WebLinkAbout2020-068-3466 Lease Agreement with New Urban Development RESOLUTION NO. 2020-068-3466
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MIAMI GARDENS, FLORIDA, Amending the LEASE
AGREEMENT WITH NEW URBAN DEVELOPMENT FOR THE
CONSTRUCTION OF SENIOR HOUSING ON CITY-OWNED
PROPERTY GENERALLY LOCATED AT THE NORTHWEST
CORNER OF NW 12TH AVENUE AND NW 183RD STREET,
ATTACHED HERETO AS EXHIBIT "A" IN SUBSTNATIAL
FORM; PROVIDING FOR THE ADOPTION OF
REPRESENTATIONS; PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, on March 9, 2016, the City Council approved Resolution No. 2016-
043-2942 directing the City Manager and City Attorney to negotiate a long-term
lease/development agreement with the Urban League of Greater Miami for the
construction and development of 100 units of senior housing to be located adjacent to
the City's proposed Senior Center on the northwest corner of NW 12th Avenue and NW
183rd Street, and
WHEREAS, negotiations were undertaken thereafter and a long-term lease
agreement was approved by the City Council on September 27, 2017 through
Ordinance No. 2017-11-375, and
WHEREAS, the developer is requesting an amendment to the existing
agreement as shown on Exhibit "A", and
WHEREAS, the amendment includes an increase in the number of units from
100 to 150 along with changes to the project amenities, and
WHEREAS, under the amendment, the lease term will be changed from fifty (50)
years with a twenty-five (25) year option to extend; to fifty-five (55) years with a twenty
(20) year option to extend in addition to the ability to sublet or assign the lease, and
WHEREAS, the Development Period to complete construction is to be amended
to a new project completion date of December 31 , 2024, replacing the previous project
completion date of September 4, 2020, and
WHEREAS, the Amendment also provides that New Urban would have the right
to assign its rights and duties hereunder to a qualified entity under the regulations of the
Florida Housing Finance Corporation in order to facilitate tax credit financing in aid of
the development of the Property, and
WHEREAS, Staff recommends that the City Council approve the amendment to
the lease agreement with New Urban Development for the construction of senior
housing on City-owned property generally located at the northwest corner of NW 12th
Avenue and NW 183rd Street,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF MIAMI GARDENS, FLORIDA AS FOLLOWS:
Section 1: ADOPTION OF REPRESENTATIONS: The foregoing Whereas
paragraphs are hereby ratified and confirmed as being true, and the same are hereby
made a specific part of this Resolution.
Section 2: AUTHORIZATION: The City Council of the City of Miami Gardens
hereby amends the lease agreement with New Urban Development for the construction
of Senior Housing on City-Owned property generally located at the northwest corner of
NW 12th avenue and NW 183rd street, attached hereto as Exhibit "A" in substantial
form.
Section 3: EFFECTIVE DATE: This Resolution shall take effect immediately upon
its final passage.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF MIAMI
GARDENS AT ITS SPECIAL VIRTUAL MEETING HEL N JUNE 3, 2020.
T 4-.
OLIVER GILBERT, III, MAYOR
ATTEST:
�4 - �s
MARIO BATAILLE, CMC, CITY CLERK
PREPARED BY: SONJA KNIGHTON DICKENS, CITY ATTORNEY
SPONSORED BY: CAMERON D. BENSON, CITY MANAGER
Moved by: Councilman Reggie Leon
Seconded by: Vice Mayor Rodney Harris
VOTE: 7-0
Mayor Gilbert Yes
Vice Mayor Rodney Harris Yes
Councilman Erhabor Ighodaro, PHD Yes
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Resolution No. 2020-068-3466
Councilwoman Lillie Q. Odom Yes
Councilman Reggie Leon Yes
Councilman David Williams Jr. Yes
Councilwoman Reggie Wilson Yes
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Resolution No. 2020-068-3466