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HomeMy WebLinkAboutCRA-R-24-0010 Master ReportSoutheast Overtown/Park West Community Redevelopment Agency Master Report Enactment Number: CRA-R-24-0010 819 NW 2nd Ave 3rd Floor Miami, FL 33136 http://miamicra.com File Number: 15451 Revision: File Type: CRA Resolution Status: ADOPTED Controlling Body: Southeast Overtown/Park West CRA File Name: Block 55 Residential, L.P., Housing Subsidy Introduced: 1/18/2024 Agreement Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 1/25/2024 Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), WITH ATTACHMENT(S), APPROVING A HOUSING SUBSIDY AGREEMENT BETWEEN THE SEOPW CRA AND BLOCK 55 RESIDENTIAL, L.P., A FLORIDA LIMITED PARTNERSHIP, ATTACHED AND INCORPORATED HEREIN AS EXHIBIT "A"; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, SUBJECT TO THE AVAILABILITY OF FUNDING FROM THE SEOPW CRA TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000, IN AN AGGREGATE AMOUNT NOT TO EXCEED EIGHT MILLION DOLLARS AND ZERO CENTS ($8,000,000.00) ("FUNDS"); AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS REQUIRED TO CONSUMMATE THE AGREEMENT; PROVIDING FOR INCORPORATION OF RECITALS; AND PROVIDING FOR AN EFFECTIVE DATE. Notes: Links: Attachments: File # 15451 - Exhibit A (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Miguel A Valentin James McQueen Vincent T. Brown Southeast Overtown/Park West CRA Southeast Overtown/Park West CRA City Clerk's Office 1/18/2024 1/18/2024 1/18/2024 1/25/2024 1/25/2024 1/25/2024 Finance Review Department Head Review Approved to Form and Legal Sufficiency Meeting ADOPTED Rendered Completed Completed Completed Completed Passed Completed City of Miami Page 1 of 1 Printed on: 2/12/2024