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Home My WebLink AboutOMNI CRA 2020-09-24 Agenda City of Miami 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Meeting Agenda Thursday, September 24, 2020 9:00 AM (OR THEREAFTER) Virtual Regular Meeting City Hall 3500 Pan American Drive Miami, FL 33133 OMNI Community Redevelopment Agency Alex Diaz de la Portilla, Chair, District One Joe Carollo, Vice Chair, District Three Ken Russell, Board Member, District Two Manolo Reyes, Board Member, District Four Keon Hardemon, Board Member, District Five ************************* OMNI CRA OFFICE ADDRESS: nd 1401 N. Miami Avenue, 2 Floor, Miami 33136 Phone: (305) 679-6868 www.miamicra.com OMNI Community Redevelopment Agency Meeting Agenda September 24, 2020 CALL TO ORDER OMNI CRA RESOLUTION(S) 1. OMNI CRA RESOLUTION 7928 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") ACCEPTING THE PROPOSAL RECEIVED ON SEPTEMBER 11, 2019 PURSUANT TO REQUEST FOR PROPOSALS NO. 992381 FOR THE DEVELOPMENT OF PLAT BOOK "B" PAGE 107 WITH ADDRESSES OF 2035, 2037, AND 2043 NORTH MIAMI AVENUE, MIAMI, FLORIDA AND APPROVAL OF A PROJECT GRANT IN THE AMOUNT OF NINE MILLION NINE HUNDRED THOUSAND DOLLARS ($9,900,000.00) WITH MAGELLAN -2021 MANDATORY AFFORDABLE HOUSING BUDGET SUBJECT TO A REVERTER; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE THE DEVELOPMENT AGREEMENT, IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL OTHER DOCUMENTS NECESSARY, INCLUDING ANY AMENDMENTS, RENEWALS, AND EXTENSIONS, SUBJECT TO ALLOCATIONS, APPROPRIATIONS, BUDGETARY APPROVALS, IN FORMS ACCEPTABLE TO THE GENERAL COUNSEL, AND IN COMPLIANCE WITH ALL APPLICABLE REGULATIONS, AS MAY BE NECESSARY FOR SAID PURPOSE. 2. OMNI CRA RESOLUTION 7929 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("GRANTEE") THE TAX INCREMENT FINANCE ("TIF") REVENUES GENERATED BY THE DEVELOPMENT OF THE GRANTEE'S PROJECT IN AN AMOUNT NOT TO EXCEED 95% OF THE TIF COLLECTED FROM THE PROPERTY ANNUALLY UNTIL 2030, OR UNTIL 2047 IF THE LIFE OF THE CRA IS EXTENDED TO 2047, FOR A TOTAL AMOUNT NOT TO EXCEED $12,935,674.61; AUTHORIZING THE TIF PAYMENTS TO BEGIN UPON SUBSTANTIAL COMPLETION OF THE PROJECT AND THE RECEIPT OF A CERTIFICATE OF OCCUPANCY OR TEMPORARY CERTIFICATE OF OCCUPANCY, SUBJECT TO THE RENTS BEING RESTRICTED UNTIL 2047; FURTHER AUTHORIZING THE CRA TO COLLECT THREE PERCENT (3%) OF RETAIL GROSS RENT PROCEEDS THAT THE GRANTEE THE INITIAL 15 YEAR PERIOD AFTER SUBSTANTIAL COMPLETION OF THE DEVELOPMENT; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO FURTHER NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, ALL IN FORMS ACCEPTABLE TO GENERAL COUNSEL, FOR A MIXED-USE DEVELOPMENT OF PROPERTIES LOCATED AT 01-3136-003-0140, 01- 3136-003-0150, 01-3136-003-0160, 01-3136-003-0170, 01-3136-003-0180, AND 01-3136-003-0190, ALL LOCATED IN THE CRA REDEVELOPMENT AREA. OMNI Community Redevelopment Agency Page 2 Printed on 9/22/2020 OMNI Community Redevelopment Agency Meeting Agenda September 24, 2020 3. OMNI CRA RESOLUTION 7930 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND FINDING, ATTACHED AND INCORPORATED, THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS TO THE CRA PURSUANT TO SECTIONS 18-85 AND 18-86 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, AS ADOPTED BY THE CRA; WAIVING THE REQUIREMENTS FOR COMPETITIVE SEALED BIDDING AS NOT BEING PRACTICABLE OR ADVANTAGEOUS TO THE CRA; ALLOCATING GRANT FUNDS FROM THE - HUNDRED THOUSAND DOLLARS ($1,100,000.00) FOR A MIXED-USE DEVELOPMENT PROJECT CONSISTING OF PROPERTIES LOCATED AT FOLIO NOS. 01-3136-003-0140, 01-3136-003-0150, 01-3136-003-0160, 01- 3136-003-0170, 01-3136-003-0180, AND 01-3136-003-0190, ALL LOCATED IN THE CRA REDEVELOPMENT AREA, TO WYNWOOD HAUS LLC; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS IN HIS DISCRETION; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL AGREEMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN; ALL BEING SUBJECT TO THE RENTS BEING RESTRICTED UNTIL 2047 AS MORE PARTICULARLY DETAILED IN A RESTRICTIVE COVENANT THAT IS TO BE RECORDED IN THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. 4. OMNI CRA RESOLUTION 7931 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND FINDING, ATTACHED AND INCORPORATED, THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS TO THE CRA PURSUANT TO SECTIONS 18-85 AND 18-86 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, AS ADOPTED BY THE CRA; WAIVING THE REQUIREMENTS FOR COMPETITIVE SEALED BIDDING AS NOT BEING PRACTICABLE OR ADVANTAGEOUS TO THE CRA; ALLOCATING FUNDING FROM THE -2021 BUDGET IN THE AMOUNT OF $336,952.00 FROM LINE ITEM 11 AND $163,048.00 FROM LINE ITEM 24; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AGREEMENT WITH SUPPORTING DOCUMENTS ALLOCATING GRANT FUNDS IN AN AMOUNT NOT TO EXCEED $500,000.00 FOR REHABILITATION OF THE PROPERTY LOCATED AT 1815 NW 1ST COURT IN THE CRA REDEVELOPMENT AREA, IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL AND SUBJECT TO THE AVAILABILITY OF FUNDS. OMNI Community Redevelopment Agency Page 3 Printed on 9/22/2020 OMNI Community Redevelopment Agency Meeting Agenda September 24, 2020 5. OMNI CRA RESOLUTION 7932 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY - PROVIDE RELIEF FROM ECONOMIC DISTRESS FOR SMALL BUSINESSES IN THE OMNI REDEVELOPMENT AREA AFFECTED BY THE COVID- DOLLARS ($1,000,000.00) FROM PAGE 5, LINE ITEM 24 OF THE 2020-2021 OMNI CRA BUDGET FOR THE PROGRAM; ALLOWING AND AUTHORIZING THE DISBURSEMENT OF FUNDS SUBJECT TO THE EXECUTIVE N TO ELIGIBLE BUSINESSES IN AN AMOUNT NOT TO EXCEED TWENTY FIVE THOUSAND DOLLARS ($25,000.00) PER BUSINESS TO MITIGATE COSTS ASSOCIATED WITH THE PANDEMIC UPON THE PROVISION OF SATISFACTORY DOCUMENTATION FOR THE PURPOSES AS STATED HEREIN. ADJOURNMENT OMNI Community Redevelopment Agency Page 4 Printed on 9/22/2020