3B - RESOLUTION APPROVING AND AUTHORIZING THE COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE TO (1) EXECUTE A SECOND AMENDMENT TO THE MASTER DEVELOPMENT AGREEMENT BETWEEN MIAMI-DADE COUNTY AND CULMER HOLDINGS, LLC, A FLORIDA LIMITED LIABILITY COMPANY, AS ASSIGNEE OF ATLANTIC PACIFIC COMMUNITIES, LLC, A DELAWARE LIMITED LIABILITY COMPANY FOR THE REDEVELOPMENT OF CULMER PLACE AND CULMER GARDENS PUBLIC HOUSING SITES THROUGH THE RENTAL ASSISTANCE DEMONSTRATION (RAD) PROGRAM, TO INCORPORATE THE HOUSING PLAN OF THE CHOICE NEIGHBORHOODS INITIATIVE (CNI) TRANSFORMATION PLAN, AS APPROVED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD); (2) SUBJECT TO HUD APPROVALS, EXECUTE A NINETY-NINE (99) YEAR GROUND LEASE WITH ATLANTIC PACIFIC COMMUNITIES III, LTD. FOR THE CULMER PLACE V PHASE, IN THE TOTAL ESTIMATED AMOUNT OF $215,054,098.00; (3) ACCEPT A PROMISSORY NOTE IN FAVOR OF THE COUNTY SECURING THE CAPITALIZED GROUND LEASE PAYMENT FOR THE CULMER PLACE V PHASE IN THE PRINCIPAL AMOUNT OF $15,000,000.00; AND AUTHORIZING THE COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE TO EXERCISE ALL PROVISIONS CONTAINED IN SUCH AGREEMENTS; (4) EXECUTE, ANY AMENDMENTS OR SUPPLEMENTS TO THE CNI TRANSFORMATION PLAN OR THE HOUSING PLAN APPROVED BY HUD, AND ANY RELATED IMPLEMENTING DOCUMENTS, AGREEMENTS, OR COVENANTS REQUIRED BY HUD IN CONNECTION WITH THE COUNTY'S COMPLIANCE WITH THE HOUSING PLAN; (5) SUBJECT TO HUD'S APPROVAL, AUTHORIZE THE COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE, IN THEIR DISCRETION, TO NEGOTIATE AND EXECUTE ADDITIONAL 99-YEAR GROUND LEASES FOR THE SUBSEQUENT PHASES OF THE PROJECT; AND (6) EXERCISE ALL PROVISIONS CONTAINED THE EACH AGREEMENT(Housing and Community Development)