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HomeMy WebLinkAboutSEOPW-CRA-2000-07-24-Discussion item 1307/21/2000 FRI 14:48 FAX 3053724646 C. uuoi uuo CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Chairman Teele and honorable Members of the CRA Board FROM! Robert L. Tyler L� Dir. Of Op., Admin. & Dev. DATE: July 17, 2000 FILE SUBJECT Contract between CPA and CwTfour REFERENCES ENCLOSURES: Resolution and Contract RECOMMENDATION It is respcctfully recommended that the Board adopt the attached resolution authorizing the CRA to accept an assignment of the contract wherein Carrfour is the purchaser with respect to the apartment building located at NW 8`" Street and NW 4`h Avenue (The "Carrfour Contract'), which Carrfour contract is attached as Exhibit "A" hereto and made a part hereof BACKGRO The CRA Board has designated this location as a "Gateway" to the 3`u Avenue Business Corridor, and also as P-6 on the "Corridor Plan". The CRA would cooperate with the City of Miami as necessary to facilitate the acquisition and development of the property consistent with the Redevelopment Plan. Funding Sourec: Account Number: swimCRA_ 3e53724646 PAGE.03