HomeMy WebLinkAboutCRA-R-21-0034Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-21-0034
File Number: 11071
Final Action Date:11/18/2021
A RESOLUTION THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"), WITH ATTACHMENTS, AUTHORIZING A SETTLEMENT
AGREEMENT AND IRREVOCABLE GENERAL RELEASE, IN THE AMOUNT OF
$374,000.00 FOR THE RE-ACQUISTION OF THE LAWSON EDWAED THOMAS
OVERTOWN LAW OFFICE ("THE LAWSON BUILDING"), LOCATED AT 1021 NW
2ND AVENUE, MIAMI, FL 33136-3412; AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID
PURPOSE; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO
DISBURSE FUNDS, AT HIS DISCRETION, UPON PRESENTATION OF
SATISFACTORY DOCUMENTATION; FUNDS ALLOCATED FROM SEOPW,
ACCOUNT CODE NO. 10050.920101.661000.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency
("SEOPW CRA") is a community redevelopment agency created pursuant to Chapter 163,
Florida Statutes, and is responsible for carrying out community redevelopment activities and
projects within its Redevelopment Area in accordance with the 2018 Southeast Overtown/Park
West Redevelopment Updated Plan ("Updated Plan"); and
WHEREAS, on April 15, 2021, the Board of Commissioners authorized service of the
quiet title lawsuit in Case No. 2021-007749-CA-01 (31) by CRA Resolution No. CRA-R-21-10 by
the SEOPW CRA to Alexandria Investment, LLC ("Alexandria"); and
WHEREAS, Alexandria filed a Complaint against the SEOPW CRA in Case No. 2021-
008087-CA-01 (07); and
WHEREAS, the SEOPW CRA and Alexandria, (collectively the "Parties") desire to
execute a Settlement Agreement and Irrevocable General Release (the "Settlement and
Release") hereby attached as "Exhibit A", to resolve, settle, and dismiss with prejudice all claims
and all issues which were or might have been raised in the Complaints filed in The Circuit Court
of the Eleventh Judicial Circuit, in and for Miami -Dade County, Case No. 2021-007749-CA-01
(31) and Case No. 2021-008087-CA-01 (07), (the "Litigation"), and to resolve any and all claims
including claims for damages, attorneys' fees or costs, etc., arising out of the Tax Deed issued
on October 9, 2020 relating to the property located at 1021 NW 2 Avenue, Miami, FL 33136-
3412 ; and
WHEREAS, per the terms of the Settlement and Release, the SEOPW shall make payment to
Alexandria, in an amount not to exceed Three Hundred Seventy -Four Thousand Dollars and No Cents
($374,000.00) inclusive of attorney fees, (the `Settlement Payment"), within thirty (30) days of its
execution; and
WHEREAS, within ten (10) days of receipt of the Settlement Payment, the Parties shall submit an
Agreed Order requesting the Clerk of the Courts to void and null the tax deed issued on the subject
property and requesting the release of the surplus funds of approximately One Hundred Thousand and
City of Miami Page 1 of 2 File ID: 11071 (Revision:) Printed On: 11312022
File ID: 11071 Enactment Number: CRA-R-21-0034
Ninety Dollars and No Cents, held by the Clerk, to the SEOPW CRA at 819 NW 2nd Avenue, 3d Floor,
Miami, FL 33136; and
WHEREAS, this will result in a net payment of approximately One Hundred Eighty -Four
Thousand Dollars and No Cents ($184,000.00), by the SEOPW CRA to Alexandria; and
WHEREAS, Section 2, Goal 1 on page 10 of the Updated Plan lists the "preserv[ation of]
[h]istoric [b]uildings and [c]ultural [h]eritage" as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 8, on page 14 of the Updated Plan provides that "[o]lder
buildings that embody the area's cultural past should be restored" as a stated redevelopment
principle; and
WHEREAS, the Board of Commissioners wishes to authorize the execution of said
Settlement and Release; and
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would
further the SEOPW CRA redevelopment goals and objectives.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. The Board of Commissioners hereby authorizes the execution of the
Settlement Agreement and Irrevocable General Release in an amount not to exceed
$374,000.00.
Section 3. Funds allocated from SEOPW Account Code 10050.920101.661000.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
AnnaLoranuel, hief Legal Counsel 11/16/2021
City of Miami Page 2 of 2 File ID: 11071 (Revision:) Printed on: 11312022