Details for CITY OF MIAMI, FLORIDA

CITY OF MIAMI, FLORIDA
NOTICE OF PUBLIC HEARING
A public hearing will be held by the City Commission of the City of Miami, Florida on Thursday,
June 10, 2021, at 9:00 A.M. at City Hall, located at 3500 Pan American Drive, Miami, Florida,
33133, for the purpose of granting the following:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, BY A FOURFIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE CITY MANAGER’S FINDING, ATTACHED AND
INCORPORATED AS EXHIBIT “A,” THAT COMPETITIVE NEGOTIATION METHODS AND
PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS FOR THE CITY OF MIAMI
(“CITY”) PURSUANT TO SECTION 18-86 OF THE CODE OF THE CITY OF MIAMI, FLORIDA,
AS AMENDED (“CITY CODE”); WAIVING THE REQUIREMENTS FOR SAID PROCEDURES;
Subject to the receipt by the City Manager of the approval of the Project, as defined below, by
the Department of Housing and Community Development (“HCD”) and the City’s Housing and
Commercial Loan Committee (“HCLC”) (collectively, “HCD/HCLC Approvals”), ALLOCATING
FUNDING ON A REIMBURSEMENT BASIS IN AN AMOUNT NOT TO EXCEED FIVE MILLION DOLLARS ($5,000,000.00) FROM THE PROPOSED TRANCHE 2 MIAMI FOREVER
AFFORDABLE HOUSING LIMITED AD VALOREM BONDS TO 8TH STREET PROPERTIES,
LLC, A FLORIDA LIMITED LIABILITY COMPANY (“DEVELOPER”), FOR THE AFFORDABLE
HOUSING COMPONENTS OF AN 8-STORY, HIGH RISE MIXED USE COMMERCIAL AND
RESIDENTIAL COMPLEX PROJECT TO BE LOCATED AT 829 SOUTH WEST 8TH STREET,
845 SOUTH WEST 8TH STREET, AND 847 SOUTH WEST 8TH STREET TO BE KNOWN
AS “Essence Miami” (“PROJECT”), BEING DEVELOPED BY THE DEVELOPER, PROVIDED
THAT DEVELOPER FULFILLS ALL OF THE TERMS AND CONDITIONS SET FORTH IN THE
HCD/HCLC Approvals; SUCH ALLOCATION TO BE IN COMPLIANCE WITH ALL APPLICABLE
FEDERAL, STATE OF FLORIDA (“STATE”), LOCAL, AND CITY LAWS, RULES, AND REGULATIONS FOR AFFORDABLE HOUSING PROJECTS, INCLUDING BUT NOT LIMITED TO
THE CITY’S SEVEN (7) AFFORDABLE HOUSING BONDS PROJECTS STRATEGIES, THE
TRANCHE 2 AFFORDABLE HOUSING INTENT TO REIMBURSE RESOLUTION, AND THE
TRANCHE 2 MIAMI FOREVER AFFORDABLE HOUSING LIMITED AD VALOREM BONDS;
Subject to the receipt by the City Manager of the HCD/HCLC Approvals, FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY
DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN
FORMS ACCEPTABLE TO THE CITY ATTORNEY AND BOND COUNSEL, SUBJECT TO compliance with ALL applicable FEDERAL, STATE, LOCAL, and City LAWS, rules, and regulations
for affordable housing projects, including but not limited to, the Bonds Strategies, the Intent to
Reimburse Resolution, and the Tranche 2 Miami Forever Affordable Housing Limited Ad Valorem Bonds, and subject to the developer fulfilling all of the terms and conditions set forth IN
THE HCD/HCLC Approvals, IN ORDER TO ALLOCATE THE CITY’S MIAMI FOREVER BOND
FUNDING TO THE PROJECT; PROVIDING FOR AN EFFECTIVE DATE.
Said proposed resolution may be inspected by the public at the Office of the City Clerk, 3500
Pan American Drive, Miami, Florida 33133, Monday through Friday, excluding holidays, between the hours of 8 a.m. and 5 p.m., or http://miamifl.iqm2.com five days before the date of the
Commission Meeting.
The Miami City Commission requests all interested parties be present or represented at the
meeting and may be heard with respect to any proposition before the City Commission in which
the City Commission may take action. Should any person desire to appeal any decision of the
City Commission with respect to any matter to be considered at this meeting, that person shall
ensure that a verbatim record of the proceedings is made including all testimony and evidence
upon which any appeal may be based (F.S. 286.0105).
In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodations to participate in this proceeding may contact the Office of the City Clerk at (305)
250-5361 (Voice) no later than five (5) business days prior to the proceeding. TTY users may
call via 711 (Florida Relay Service) no later than five (5) business days prior to the proceeding.





Ad No. 36413

Todd B. Hannon
City Clerk

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