HomeMy WebLinkAboutCRA-R-17-0033OMNI
OMNI CRA
1401 N. Miami Avenue
Community Redevelopment Agency
Miami, FL 33136
www.miamicra.com
Legislation
OMNI CRA Resolution: CRA-R-17-0033
File Number: 2498 Final Action Date:6/21/2017
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND
EXECUTE A LEASE AGREEMENT WITH A FIVE (5) YEAR INITIAL TERM WITH
TWO (2) ONE (1) YEAR OPTIONS TO RENEW, IN A FORM ACCEPTABLE TO
THE GENERAL COUNSEL, BETWEEN THE CRA AND REVRAN S MAHARANIE
LINCOLN, AN INDIVIDUAL ("LANDLORD"), FOR THE PROPERTY LOCATED AT
RENT OF TWO THOUSAND EIGHT HUNDRED FIFTY DOLLARS ($2,850.00)
PER MONTH, WITH A THREE PERCENT (3%) ANNUAL INCREASE
THEREAFTER THE FIRST LEASE YEAR, PURSUANT TO SECTION 163.370,
FLORIDA STATUTES, AND THE CRA REDEVELOPMENT PLAN; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO MAKE IMPROVEMENTS TO
THE PROPERTY IN AN AMOUNT NOT TO EXCEED ONE HUNDRED AND
FIFTY THOUSAND DOLLARS ($150,000.00); UPON COMPLETION OF THE
IMPROVEMENTS, FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO
SUBLEASE THE PROPERTY; ALLOCATING REHABILITATION FUNDS FROM
ACCOUNT NO. 10040.920501.883000.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency
with eliminating slum and blight pursuant to Chapter 163, Florida
Statutes; and
WHEREAS, Section 163.370, Florida Statutes, authorizes the CRA to lease properties
other uses detrimental to the public welfare; or otherwise to remove or prevent the
outlines areas in which the CRA is able to carry out its functions; and
located at the forefront of the Redevelopment Area and is viewable to residents and
visitors to this area; and
WHEREAS, the Property requires much needed repair and rehabilitation; and
City of Miami Page 1 of 3 File ID: 2498 (Revision: ) Printed On: 9/14/2022
File ID: 2498 Enactment Number: CRA-R-17-0033
WHEREAS, Section 4.4 of the Redevelopment Plan lists amongst the strategies for
WHEREAS,
WHEREAS, the Lease shall have an initial term of five (5) years with two (2) one (1)
year options to renew at total base rent of two thousand eight hundred fifty dollars
($2,850.00) per month, with a three percent (3%) annual increase thereafter the first
Lease year; and
WHEREAS, upon executing the Lease, the CRA intends to rehabilitate the infrastructure
of the Property at an estimated cost not to exceed one hundred and fifty thousand
dollars ($150,000.00); and
WHEREAS, upon completion of the rehabilitation of the Property, the CRA intends to
sublease the Property;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
hereby adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The Executive Director is hereby authorized to negotiate and execute a
Lease, in a form acceptable to the General Counsel, between the CRA and the
Landlord for the Property for a five (5) year initial term with two (2) one (1) year options
to renew, at a total base rent of Two Thousand Eight Hundred and Fifty Dollars
($2,850.00) per month, with a three percent (3%) annual increase thereafter the first
Lease year, pursuant to Section 163.370, Florida Statutes, and the Redevelopment
Plan.
Section 3. The Executive Director is further authorized to make improvements to the
Property in an amount not to exceed one hundred and fifty thousand dollars
($150,000.00).
Section 4. Upon completion of the improvements, the Executive Director is further
authorized to sublease the Property.
Section 5. Funds for rehabilitation are to be allocated from Account Code No.
10040.920501.883000.
Section 6. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 3 File ID: 2498 (Revision: ) Printed on: 9/14/2022
File ID: 2498 Enactment Number: CRA-R-17-0033
APPROVED AS TO FORM AND CORRECTNESS:
City of Miami Page 3 of 3 File ID: 2498 (Revision: ) Printed on: 9/14/2022