HomeMy WebLinkAboutCRA-R-19-0006Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-19-0006
File Number: 5568
Final Action Date:3/7/2019
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING THE PURCHASE OF A VACANT PARCEL OF LAND LOCATED
AT 222 NW 17TH STREET, MIAMI, FLORIDA, FOR A TOTAL AMOUNT NOT TO
EXCEED $175,000.00 INCLUDING CUSTOMARY CLOSING COSTS,
ADJUSTMENTS, AND PRORATIONS; AUTHORIZING SUCH INSPECTIONS
AND DUE DILIGENCE DEEMED NECESSARY BY THE EXECUTIVE DIRECTOR;
FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL
DOCUMENTS NECESSARY FOR SAID PURPOSE; FUNDS TO BE ALLOCATED
FROM SEOPW TAX INCREMENT FUND, ENTITLED "LAND ACQUISITION",
ACCOUNT CODE NO. 10050.920101.661000.0000.00000.
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 2009 Southeast Overtown/Park
West Redevelopment Plan ("Plan"); and
WHEREAS, Florida Statutes, Section 163.370(2)(e)(2) of the Community
Redevelopment Act ("Act") permits the acquisition of real property "by purchase... together with
any improvements thereon"; and
WHEREAS, Florida Statutes, Section 163.370(2)(e)(3) of the Act further authorizes the
acquisition of real property "to hold, improve, clear, or prepare for redevelopment any such
property"; and
WHEREAS, Section 4, Subsection III, Part 4, at page 97 of the Plan provides for land
acquisition to support the implementation of redevelopment projects, goals, and objectives set
forth in the Plan; and
WHEREAS, Section 2, Goal 3, at page I Iof the Plan also lists "creating infill housing,
diversity in housing types, and retaining affordable housing" as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 2 at page 14 of the Plan provides that "the
neighborhood has to retain access to affordable housing even as the neighborhood becomes more
desirable to households with greater means" as a stated redevelopment principle; and
WHEREAS, the SEOPW CRA seeks authorization to purchase a vacant parcel of land
located at 222 NW 17th Street, Miami, Florida, and totaling approximately 5,250 square feet;
and
City of Miami Page 1 of 2 File ID: 5568 (Revision:) Printed On: 31812019
File ID: 5568 Enactment Number: CRA-R-19-0006
WHEREAS, the purchase of the vacant parcel of land at 222 NW 17th Street, Miami,
Florida 33136 is a continuation of the SEOPW CRA's effort to develop single and multi -family
homes, and will further its goal to provide homeownership opportunities for residents within the
Redevelopment Area; and
WHEREAS, the purchase price is substantiated by an appraisal from a certified member
of the Appraisal Institute; and
WHEREAS, the Board of Commissioners wishes to authorize the purchase of the vacant
parcel of land at 222 NW 17th Street, for a total amount not to exceed $175,000.00, including
customary closing costs, adjustments, and prorations; and
WHEREAS, the Board of Commissioners finds that this Resolution furthers the SEOPW
CRA's redevelopment goals and objectives set forth in the Plan.
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 SEOPW CRA to
purchase a vacant parcel of land located at 222 NW 17th Street, Miami, Florida 33136, for a total
amount not to exceed $175,000.00, including customary closing costs, adjustments, and
prorations.
Section 3. The Executive Director is authorized to perform such inspections and due
diligence as deemed necessary for said purpose.
Section 4. The Executive Director is authorized to execute all documents necessary
for said purpose.
Section 5. Funds to be allocated from SEOPW Tax Increment Fund entitled "Land
Acquisition," Account Code No. 10050.920101.661000.0000.00000.
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
fiver, ExAcutive Director 2/28/2019
City of Miami Page 2 of 2 File ID: 5568 (Revision:) Printed on: 3/8/2019