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CRA Resolution: CRA-R-13-0061
File Number: 13-01004 Final Action Date: 9/30/2013
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING THE PURCHASE OF THE PROPERTY AT 917 NW 2ND COURT,
MIAMI, FLORIDA, 936 NW 2ND AVENUE, MIAMI, FLORIDA, AND 937 NW 2ND
COURT, MIAMI, FLORIDA, FOR AN AMOUNT NOT TO EXCEED $453,810, PLUS
CUSTOMARY CLOSING COSTS, ADJUSTMENTS, AND PRORATIONS;
AUTHORIZING SUCH INSPECTIONS AND DUE DILIGENCE DEEMED
NECESSARY BY THE EXECUTIVE DIRECTOR; AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE;
FUNDS TO BE ALLOCATED FROM SEOPW TAX INCREMENT FUND, ENTITLED
"LAND," ACCOUNT CODE NO. 10050.920101.661000.0000.00000.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA")
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, Section 163.370(2)(e), Florida Statutes, permits the acquisition of real property,
together with any improvements thereon; and
WHEREAS, Section III, subsection 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, the owner of property at 917 NW 2nd Court, Miami, Florida, 936 NW 2nd Avenue,
Miami, Florida, and 937 NW 2nd Court, Miami, Florida (collectively the "Property") has agreed to sell
the Property to the CRA for $453,810; and
WHEREAS, the Board of Commissioners wishes to authorize the purchase of the Property for
an amount not to exceed $453,810, plus customary closing costs, adjustments and prorations;
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 authorizes the purchase of property at 917 NW
2nd Court, Miami, Florida, 936 NW 2nd Avenue, Miami, Florida, and 937 NW 2nd Court, Miami, Florida
for an amount not to exceed $453,810, plus customary closing costs, adjustments and prorations.
Section 3. The Executive Director is authorized to perform such inspections and due
diligence deemed necessary.
City of Miami Page 1 of 2 File Id: 13-01004 (Version: 1) Printed On: 511612017
File Number: 13-01004
Enactment Number: CRA-R-13-0061
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,"
Account Code No. 10050.920101.661000.0000.00000.
Section 6. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 13-01004 (!Version: 1) Printed On: 511612017