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HomeMy WebLinkAboutSEOPW OMNI CRA 1998-09-14 Clerk Report0F�3 i INCORP ORATE' O 18 96 SEOPW and ONlNI/CRA CITY CLERK'S REPORT MEETING DATE: September 14, 1998 A MOTION TO DEFER REAFFIRMATION OF THE AMENDMENT OF THE SOUTHEAST OVERTOWN/ PARK WEST LEASE AND DEVELOPMENT AGREEMENT BETWEEN THE CITY AND POINCIANA VILLAGE OF MIAMI, LTD, PREVIOUSLY APPROVED (PER SEOPW/CRA R-98-9) BY THE COMMUNITY REDEVELOPMENT AGENCY BOARD. A MOTION ACCEPTING IN PRINCIPLE THE FY `98- `99 COMMUNITY REDEVELOPMENT AGENCY (CRA) BUDGET, FOR PURPOSES OF A CRA REVIEW BY BOARD MEMBERS, THUS ALLOWING FOR A MORE DETAILED BUDGETARY REVIEW BY THE CITY COMMISSION, OF PROPOSED BUDGET, WHICH WAS FULLY OUTLINED IN BUDGET DOCUMENT ENTITLED, "COMMUNITY REDEVELOPMENT AGENCY (REVENUES/ PROJECTED EXPENDITURES") SUBMITTED TO THE CRA BOARD AND ENTERED INTO THE PUBLIC RECORD ON THIS SAME DATE. A MOTION SCHEDULING A MEETING OF THE COMMUNITY REDEVELOPMENT AGENCY (CRA) FOR TUESDAY, SEPTEMBER 22, 1998 AT 6 P.M. IN CITY HALL CHAMBERS FOR THE PURPOSE OF CONSIDERING CRA BOARD ACTION ON THE PROPOSED POINCIANA VILLAGE PARTNERSHIP CLOSING. Page No. 1 SEOPW/CRA M-98-18 MOVED: PLUMMER SECONDED: TEELE UNANIMOUS SEOPW/CRA M-98-19 OMNI/CRA M-98-5 MOVED: REGALADO SECONDED: PLUMMER UNANIMOUS SEOPW/CRA M-98-20 MOVED: PLUMMER SECONDED: TEELE ABSENT: SANCHEZ DRAFT: 09/16/98 0F�3 INCORR ORATE' 16 96 SEOPW and OX1NI/CRA CITY CLERK'S REPORT MEETING DATE: September 14, 1998 Note for the Record: Chairman Arthur E. Teele, with the concurrence of attorney for the CRA Board, later clarified that when the CRA Board meets on Tuesday, September 22, 1998, to consider the reaffirmation of the amendment of the Southeast Overtown/Park West lease and agreement between the City and Poinciana Village of Miami, Ltd. (per SEOPW/CRA M-98-18), it should also consider approval of the assignment of development rights with respect to 24 units to be completed to a new partnership, Poinciana Village III, Ltd., composed of Poinciana Village of Miami, Ltd. and Fannie Mae; and the financial condition of the project, the partnership, the general partners, and the limited partner. .... 07 WALTER J. FOEM`AN, CITY CLERK NOTE: AS DULY NOTED ON THE HERErN AGENDA AND CITY CLERK'S REPORT, WHICH CONSTITUTES A JOURNAL OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNNITY REDEVELOPMENT AGENCY (CRA) BOARD PROCEEDINGS, THE "UNANIMOUS" NOTATION NEXT TO THE VOTE ON EACH ITEM MEANS THAT ALL FIVE MEMBERS OF THE CRA WERE PRESENT AND VOTED "AYE ON SAID ROLL CALL VOTE. NEGATIVE VOTES, PHYSICAL ABSENCE OF A BOARD MEMBER OR ABSTENTION FROM VOTING BY A BOARD MEMBER, IF ANY, IS ALSO DULY REFLECTED IN SAID VOTE Page No. 2 DRAFT: 09/16/98