HomeMy WebLinkAboutSEOPW-CRA-R-97-00011 ,
14-Feb-97
SEOPW/CRA
SEOPW RESOLUTION NO. 9 7 " 1
A RESOLUTION OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY ("CRA") AUTHORIZING
THE EXECUTIVE DIRECTOR TO EXECUTE
DOCUMENTS FOR THE PURPOSE OF ASSIGNING
THE CRA'S INTEREST IN THE MIAMI ARENA LAND
LEASE AGREEMENT TO THE CITY OF MIA.MI
("CITY"); AND TRANSFERRING DEED TO THE CITY
FOR CERTAIN LAND, LEGALLY DESCRIBED AS
MIAMI ARENA SUBDIVISION, TRACTS A, B, AND C
(FOLIO NOS. 01-3137-025-0010, 01-3137-025-
0020, AND 01-3137-025-0030), SITUATED. UNDER
THE MIAMI ARENA.
WHEREAS, pursuant to Resolution No. 95-268, the City of
Miami ("City") assigned
its interest
in the
Miami Arena Land Lease
Agreement, between the
City, Miami
Sports
and Exhibition Authority,
and Decoma Miami Associates, Ltd., to the Southeast Overtown/Park
West Community Redevelopment Agency ("CRA"); and
WHEREAS, by Resolution No. 95-268, the City also
transferred the deed to the CRA for land, legally known as Miami Arena
Subdivision Tracts A, B, and C (Folio Nos. 01-3137-025-0010, 01-3137-
025-0020, and 01-3137-025-0030), situated under the Miami Arena; and
WHEREAS, the CRA's obligations with respect to the
redevelopment of the land described above, as described in the Interlocal
SEOPW/CRA 9 7 - 1
Agreement ("Overtown Project") dated November 8, 1990, between the
CRA and the City, and in Part III, Chapter 163, Florida Statutes, have
been. satisfied;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY:
SECTION 1. The recitals and findings contained in the
Preamble to this Resolution are hereby adopted by reference thereto and
incorporated herein as if fully set forth in this Section.
SECTION 2. The Executive Director is authorized to execute
documents for the purpose of assigning the CRA's interest in the Miami
Arena Land Lease Agreement to the City of Miami ("City"); and
transferring deed to the City for certain land, legally described as Miami
Arena Subdivision, Tracts A, B and C (Folio Nos. 01-3137-025-0010, 01-
3137-025-0020 and 01-3137-025-0030), situated under the Miami
Arena.
SECTION 3. This Resolution will become effective
immediately upon its adoption.
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SEQPWICRA 9 7 - i
PASSED AND ADOPTED this day of 2 0 tVebruary 1997.
Humberto Hernandez, Chai an
Southeast Overtown/Park West
Community Redevelopment Agency
ATTEST:
lGli��
Walter Foem n
Recording Clerk
APPROVED AS TO FORM AND
CORRECTNESS:
Holland & Knight LLP
Legal Counsel
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SEOPW/CRA' � 7 - 1