HomeMy WebLinkAboutSEOPW-CRA-R-00-0064RESOLUTION NO. SEOPW/CRA R-00-64
A RESOLUTION AUTHORIZING THE COMMUNITY
REDEVELOPMENT AGENCY (THE "CRA") TO ENTER
INTO LEASES AT MARKET RATES WITH THE
LANDOWNERS OF PARCELS P-1 THROUGH P-7 AND
M-2 (THE "PARCELS"), WITH ANNUAL RENTS NOT TO
EXCEED 10% OF THE APPRAISED VALUE OF EACH
SUCH PARCEL, TO ALLOW THE CRA TO UTILIZE THE
PARCELS ON AN INTERIM BASIS PENDING THE
COMPLETION OF ACQUISITION PROCEEDINGS OR
THE RESOLUTION OF TITLE ISSUES WHICH DELAY
THE ABILITY OF THE CRA TO ACQUIRE THE
PARCELS.
WHEREAS, the City of Miami approved and adopted the Southeast
Overtown/Park West Community Redevelopment Plan pursuant to
Resolution Nos. 82-755 and 85-1247 (the "Redevelopment Plan"); and
WHEREAS, the CRA is responsible for carrying out community
redevelopment activities and projects in the Southeast Overtown/Park West
Redevelopment Area (the "Redevelopment Area") established pursuant to the
Redevelopment Plan; and
WHEREAS, the CRA desires to enter into leases at market rates with
the landowners of the Parcels, with annual rents not to exceed 10% of the
appraised value of each such parcel, to allow the CRA to utilize the Parcels on
an interim basis pending the completion of acquisition proceedings or the
resolution of title issues which delay the ability of the CRA to acquire the
Parcels.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to
this Resolution are incorporated herein as if fully set forth in this Section.
Section 2. The CRA is hereby authorized to enter into leases at
market rates with the landowners of the Parcels, with annual rents not to
exceed 110% of the appraised value of each such parcel, to allow the CRA to
utilize the Parcels on an interim basis pending the completion of acquisition
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proceedings or the resolution of title issues which delay the ability of the CRA
to acquire the Parcels.
Section 3. The resolution shall be effective upon its adoption.
PASSED AND ADOPTED on this, 26th day of June, 2000.
APPROVED AS TO FORM
AND CORRECTNESS:
Holland & Knight LLP
CRA Legal Counsel
MIA1 #946273 v2
Arthur E. Teele, Jr., Chairman
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CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Chairman Teele and
Honorable Members of the CRA Board
FROM: Robert L. Tyler �(�T
Dir. Of Op., Admin. & Development
DATE: June 16, 2000
SUBJECT: Ground Use Agreements
REFERENCES : NW 3' Ave. Historic
Corridor
ENCLOSURES:
Resolution and Agreement
FILE:
RECOMMENDATION
It is respectfully requested that the Board adopt the attached resolution authorizing the CRA to enter into
"Ground Use Agreements" for a limited time period on certain strategic parcels which are crucial to the
implementation of the redevelopment plan.
BACKGROUND
Resolution authorizing the CRA to enter into leases at market rates with the landowners of Parcels P-1
through P-6 , including the Ward Rooming House (M-2), to allow the CRA to utilize the properties on
an interim basis pending the completion of acquisition proceedings or the resolution of title issues which
delay the ability of the CRA to acquire respective parcels.
Funding Source: CDBG Funds
Account Number: 689005.055012.4.750