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Home My Public Portal About09-7450 Creative Choice Homes XXXVIII Sponsored by: City Manager RESOLUTION NO. 0 9-7 4 5 0 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA, DECLARING THE CITY'S INTENT TO DEED CERTAIN VACANT CITY- OWNED PROPERTY IDENTIFIED BY FOLIO NO. 08-2128- 007-0270 TO CREATIVE CHOICE HOMES XXXVHI, LTD FOR A PROPOSED SENIOR HOUSING DEVELOPMENT PURSUANT TO CERTAIN CITY CONDITIONS AND RESTRICTIONS WHEREAS, Creative Choice Homes XXXVIII, Ltd. ("CCH") is developing an affordable senior housing project on Alexandria Drive in the City of Opa-locka("City"); and WHEREAS, CCH is proposing redevelopment of sections West of NW 32nd Avenue, also known as the Nile Gardens subdivision, as part of an affordable senior housing project; and WHEREAS, CCH has requested a property transfer and the City Manager has determined that a donation and transfer of the City-owned vacant parcel located at 13210 Alexandria Drive, also identified by Folio #08-2128-007-0270, to CCH is necessary in order to make the project possible; and WHEREAS, without acquiring the vacant City-owned land, the City Manager has determined that CCH will be unable to meet the density and acreage requirements for the project; and WHEREAS, the City Manager is recommending that subject to the City's site plan and other review processes, that the City Commission declare its intent to provide a quit claim deed for the transfer of property to CCH subject to the following restrictions: (a) The property shall be used as regular or overflow parking for the Senior Housing Project; or (b) The property shall be used for a recreational leisure park or clubhouse space for the Senior Housing Project; or(c) The property shall be used as a means of ingress or egress for the Senior Housing Project; or (d) The Resolution No. 0 9-7 4 5 0 property shall be used for any other purpose approved for development by subsequent resolution of the City Commission; and WHEREAS, the City Manager is further recommending that the City Commission declare its intent to transfer the property subject to the additional condition that CCH qualify for housing tax credits from the Florida Housing Finance Corporation for this project within a period of twenty-four(24) months from the passage of this resolution; and WHEREAS, the City Manager hereby recommends that if CCH does not qualify for housing tax credits from the Florida Housing Finance Corporation within a period of twenty-four (24) months from the passage of this resolution that the City Commission rescind its declaration and intent to quit claim deed city-owned property to CCH without further action of the Commission. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA: Section 1. The recitals to the preamble are hereby incorporated by reference. Section 2. The City Commission of the City of Opa-locka, subject to a site plan and other City review processes, hereby declares its intent transfer by quit claim deed a vacant parcel of City-owned land located at 13210 Alexandria Drive, also identified by Folio # 08-2128-007- 0270 to Creative Choice Homes XXXVIII, Ltd., subject to the following conditions and restrictions: (a) The property shall be used as regular or overflow parking for the Senior Housing Project; or(b) the property shall be used for a recreational leisure park or clubhouse space for the Senior Housing Project; or (c) the property shall be used as a means of ingress or egress for the Senior Housing Projector; or (d) The property shall be used for any other use approved for development by a subsequent resolution of the City Commission. Resolution No. 0 9—7 4 5 0 Section 3. The City Commission of the City of Opa-locka further declares that if Creative Choice Homes XXXVIII, Ltd., fails to qualify for housing tax credits from the Florida Housing Finance Corporation for the subject development within a period of twenty-four (24) months from the passage of this resolution that the City Commission rescind its offer and declared intent to transfer the City-owned property without further action of the Commission. Section 4. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 8 day of APRIL , 20�• 710 JOS . L EY Y• ' Attest:I Approved as to form . e;. sufficien y: .100.■ Deborah Burnadette Norris-Weeks City Clerk City Attorney Moved by: HOLMES Seconded by: JOHNSON Commission Vote: 5-0 Commissioner Holmes: YES Commissioner Johnson: YES Commissioner Tydus: YES Vice-Mayor Taylor: YES Mayor Kelley: YES LOCAr e o I QRP}t,, Memorandum TO: Mayor Joseph L. Kelley Vice Mayor Myra L. Taylor Commissioner Timothy Holmes Commissioner Dorothy Johnson Commissioner Rose Tydus FROM: Bryan K. Finnie,Interim City Manage.�, DATE: April 8,2009 RE: Resolution declaring intent to Transfer City Property (Folio number 08- 2128-007-0270) TO CREATIVE CHOICE HOMES,Ltd. Request: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA, DECLARING INTENT TO TRANSFER VACANT CITY-OWNED PROPERTY, IDENTIFIED BY FOLIO 08-2128-007-0270, TO CREATIVE CHOICE HOMES, Ltd.; AS THE CITY'S CONTRIBUTION IN THE COMPREHENSIVE DEVELOPMENT OF THE SENIOR HOUSING DEVELOPMENT PROJECT IN THE NILE GARDENS SUBDIVISION; FURTHER AUTHORIZING THE CITY MANAGER TO ENTER INTO AND EXECUTE AN AGREEMENT FOR THE TRANSFER OF SAID PROPERTY. PROVIDING FOR SEVERABILITY AND EFFECTIVE DATE. Description: Transfer of City Owned property to Creative Choice Homes, Ltd for the development of a senior housing apartment project. Financial Impact: The proposed Senior Housing development will generate a substantial increase in Ad Valorem tax at the completion of the project. Implementation Time Line: Immediately, upon approval of this resolution. Legislative History: None Recommendation(s): Staff is recommending the approval of the Resolution declaring intent to transfer city owned property to Creative Choice Homes, Ltd. for the development of Senior Housing Apartments. Analysis: The principals of Creative Choice Homes, Ltd. made a presentation to City Manager's staff concerning their revitalization plan through the development of an affordable senior apartment project on Alexandria Drive. This comprehensive plan includes the redevelopment of sections West of North West 32nd Avenue, better know as Nile Gardens Subdivision. The project includes the assembling of eight to ten parcels of land to make up parcel B (see-attached plan) for the Senior Housing Project consisting of approximately 140 units. Moreover, the housing project will comprise the common area amenities such as a clubhouse, a leasing office, a recreational area, which were not included in Parcel B and Creative Choice Homes, Ltd. is requesting the city owned parcel to satisfy the amenity requirements on Parcel A. (see-attached plan) The City of Opa-locka imposes the following conditions for the transfer of the aforementioned property: (1) The transferred land shall be used as regular or overflow Senior Housing Project parking; recreational Leisure Park or Clubhouse space; or any other use approved for development by the City Commission. (2) The proposed project must be completed within a two-year period commencing from the date of the City Commission Site Plan Approval or the land reverts to the City of Opa-locka. (3) The project must be subject to the City's site plan review process. ATTACHMENT(S): Creative Choice Homes, Ltd proposal letter request and project scope for the Senior Housing Project. Senior Housing Project site plan overview. PREPARED BY: Octavien Spanner • CREATIVE CHOICE Creative Choice Homes XXXVIII,Ltd. Jordan W. Leonard, Assistant to City Manager City of Opa-locka 780 Fisherman St. -4Th Floor Opa-locka, FL 33054 Re: Proposed Affordable Senior Housing on Alexandria Drive Dear Mr.Leonard: Per our discussion last week,this letter is the request for Municipal help to make the above Project feasible. One of the items we need is the City property at: 13210 Alexandria Drive Folio 08-2128-007-0270 64,000 SF owned by City Our desires include to include the acreage in our density calculations, use part of this site for project parking,provide outdoor recreation&to construct the Senior Clubhouse component. We also request that the City waive the building permits fees&impact fees for this Senior Housing Development. With the above assistance from The City of Opa-locka,we feel the Florida Housing Finance Credit Tax Credit Program will look favorably of our Proposal. Please let me know if you need further information or clarification. Sincerely Robert P. ow, Agent of Owner 4243-D Northlake Boulevard • Palm Beach Gardens, Florida 33410-6276 561-627-7988 • 561-627-3218 • CREATIVE CHOICE Creative Choice Homes VIII, Ltd. Jordan W. Leonard, Assistant to City Manager City of Opa-locka 780 Fisherman 5t.-4th Floor Opa-locka, FL 33054 Re: Proposed Affordable Senior Housing on Alexandria Drive SCOPE OF PROJECT Our goal is to develop& manage an affordable senior apartment building on Alexandria Drive in Opa-locka. Creative Choice Homes is assembling the 8-10 parcels to make up Parcel B on the Proposed Concept Site Plan attached. Our financial study requires 140 units. Parcel B is not large enough to include the desired common area amenities including the Clubhouse,Leasing Office&recreation areas. Creative Choice requests help from the City of Opa-locka to add Parcel A to our complex. This will provide the land we need for the amenities we feel is critical to the success of this development. This will also provide some of the"local contribution"so necessary for State Tax Credit selection. We feel this is an excellent location for this complex. It will help stabilize the neighborhood. By keeping Alexandria Drive without thru access, it will remain quiet &pedestrian-friendly. 4243-D Northlake Boulevard • Palm Beach Gardens, Florida 33410-6276 561-627-7988 • 561-627-3218 • i VANKARA SCHOOL BETEDA ASS. 9 OF GOD,INC. 'n +I 0 m +1 0 In +1 0 m +1 9 GEXIST. VANKA-• MUSIC 'MP-A.,Pm AU �'�.�A �� +1 4 ART C `I R I ,”W.W.. =,�;�.� ,,W(UP Y0 If V ,oI n 4, A • 0 'm �S I 140riENIORS TAX CREDIT UNITS III r li ID 1 t v 615E P a� ,l 10 O III M I 1EX.BUILDING. TO REMAIN 111:1' � NOT INCL. L,„,12 0 ti EX.BUILDING. 10 v Ilt in +1 I ��f a,„„i, 7 lb E 111 lo sat -� JL Il� u__ _17 1V/ 12 Oil 3 1 -- _ W M_,�_ ez.0s� �ti.�a irOa0000O 0'000000, ;� °'/r' .. .'y lie _ _ SENIORS al 8 CENTER a EX.B LDG. +I I ii, RECIREATION /LEASING al y AREA I II al �; 5 e 1 , b �� EX.BLDG. +I 000.O0:0,►Ao +1 -F 3205' 4ATC ONLY Dc ALE:P(414MA EAST SEX.GARDENS APT. DC ALEXANDRA REV I PROPOSE MICIIIOAILII MINIM 14014613 FOR ALEXANDRIA DRIVE NEIGHBOR-4OOP PARCEL 6UE o- wc3r"Oe°r' CRIATIVECHOICE N011118)00MII,LTD. ARCHITECT:DM KNOW A88OCIA1I OWNERI DEVELOPS:4249 NORTHLAKE BLVD,PAM BEACH GARDENS, FLORIDA ARCHITECT FIRM-443531 TOTAL. 155355 OP. -43.AQ@O FL-33410. P41,61-621-1358 4246 NORTHLACE BLVD,PALM BEACH GARDENS, 140/43,AOloF6.31 WITS4IL'1! FL-33410. P.14,661-621-3210 EX-l3 Professional Staff-Parent Company- Creative Choice Homes, Inc. The Creative Choice team is comprised of some of the brightest and socially motivated professionals in the industry of affordable housing revitalization and development. The core team members possess extensive experience in public housing and real estate development, planning, financing, construction, accounting, legal, management, relocations and other related fields. While the Creative Choice professional staff works harmoniously to achieve the project goals, each team member has a distinct area of functional responsibility based on corporate division of labor. The Creative Choice professional staff consists of: . Dilip Barot, President. Mr. Barot has over fifteen years of experience in real estate development, investment and management. He has been responsible for the creation of a number of programs and mechanisms that have raised the level of public and affordable housing, as well as development. Mr. Barot's strongest quality is his vision for the improvement of affordable housing, along with his ability to bring harmony among people and programs to achieve a common goal. • Keith Dusenberry, Keith has been professionally involved in commercial real estate development for most of his 30 year career. His real estate expertise has culminated from past employments with Banks, the Resolution Trust Corporation (RTC), the State of Florida's Affordable Housing Corporation as Director of the Tax Credit Division, Professorships at three major Universities and as a Developer Partner and Principal. One of Keith's most challenging positions was employment with San Antonio Savings Association as Senior Vice President and Director of Construction and Development for the Bank's wholly owned Development entity, The Real Estate Group. Keith holds an advanced degree from The Florida State University. • Yash Pal Kakkar, Director of Accounting and Finance. Mr. Kakkar holds a Bachelors Degree in Commerce and was a Chartered Accountant in India. Mr. Kakkar has been involved in Senior Level Accounting and Finance positions throughout India including a number of multi-national companies. He is well versed in all aspects of international accountancy and financial management. • Ashok Kumar, Controller for Naimisha Construction, Inc. the construction arm of Creative Choice Group.In this role he is responsible for managing the financial affairs for Naimisha Construction. He s a Certified Public Accountant from India and has held senior management position over 15 years with large corporation in India and abroad. Previous to Naimisha Construction, Inc. he headed the corporate and legal affairs of Creative Infocity Limited and Effective Teleservices,Inc. • Robert P. Snow, Planning &Architecture (Bob Snow Associates). Mr. Snow has an extensive experience in all aspects of engineering,building and architecture.He holds an MBA in Real Estate Management.Mr. Snow is a Florida licensed Building Contractor and has a Florida Architect license& NCARB.He is also licensed to practice architecture in Texas&Nevada. • Yashvant Barot, Project Engineer. Prior to his position with Creative Choice Mr. Barot served as an Assistant Engineer then Deputy Executive Engineer, Roads & Building Department (Public Works) for the Government of Gujarat. Mr. Barot received a Bachelor of Civil Engineering from Sardar Patel University,India. . Jason Larson, Vice President of Development/Acquisitions.Mr.Larson holds a Bachelors degree in Finance and Real Estate from Florida State University. Mr. Larson is well versed in all aspects involved in the development and asset management of multi family housing and has been involved in over $250,000,000 in multi family real estate transactions. Prior to joining Creative Choice, Mr. Larson was a Sr. Analyst at Ocwen Federal Bank, F.S.B. involved in the acquisition and disposition of multi family housing as well as the servicing and work out of troubled commercial real estate mortgages in excess of$3,000,000. 2