HomeMy WebLinkAboutCRA-R-24-0025 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0025
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 15855
Revision:
File Type: CRA Resolution Status: ADOPTED
Controlling Body: Southeast
Overtown/Park West CRA
File Name: Purchase of Property at 1990 NW 4th Court, #12, Introduced: 4/4/2024
Miami, Florida 33136
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 4/11/2024
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW
CRA"), WITH ATTACHMENT(S), RETROACTIVELY APPROVING AND RATIFYING
THE EXECUTIVE DIRECTOR'S TO EXECUTE THE PURCHASE AND SALE
AGREEMENT ("AGREEMENT") (EXHIBIT "A") ATTACHED AND INCORPORATED
HEREIN, NEGOTIATE AND EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING
ANY AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT IN A FORM
ACCEPTABLE TO COUNSEL, BETWEEN THE SEOPW CRA AND KEEP THE
CONGLOMERATE STRONG, INC., A FLORIDA PROFIT CORPORATION ("SELLER"),
FOR THE ACQUISITION OF THE REAL PROPERTY LOCATED AT 1990 N.W. 4TH
COURT, #12, MIAMI, FLORIDA 33136, CONTAINING AN APPROXIMATE TOTAL
ADJUSTED AREA OF 1,026 SQUARE FEET ("PROPERTY"), AS LEGALLY
DESCRIBED IN THE AGREEMENT FOR A TOTAL PURCHASE PRICE NOT TO
EXCEED TWO HUNDRED EIGHTY ONE THOUSAND DOLLARS AND ZERO CENTS
($281,000.00), CONTINGENT UPON THE SEOPW CRA OBTAINING A WRITTEN
APPRAISAL FROM A LICENSED FLORIDA APPRAISER STATING THAT THE
APPRAISED VALUE OF THE PROPERTY, IS AT A MINIMUM, THE REFERENCED
AMOUNT HEREIN, PURSUANT TO SECTION 163.370, FLORIDA STATUTES, AND
THE SEOPW CRA REDEVELOPMENT PLAN; ALLOCATING FUNDS FROM ACCOUNT
TITLED PURCHASE OF REAL PROPERTY, ACCOUNT NUMBER
10050.920101.662000.0000.00000 IN A TOTAL AMOUNT NOT TO EXCEED TWO
HUNDRED EIGHTY ONE THOUSAND DOLLARS AND ZERO CENTS ($281,000.00)
INCLUSIVE OF SAID ACQUISITION, THE COST OF A SURVEY, ENVIRONMENTAL
REPORT, TITLE INSURANCE, AND RELATED CLOSING COSTS ASSOCIATED WITH
SAID ACQUISITION; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN
EFFECTIVE DATE.
Notes:
Links:
Attachments: File # 15855 - Exhibit A (PDF)
File # 15855 - Exhibit B (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Miguel A Valentin
James McQueen
4/4/2024 Finance Review Completed
4/4/2024 Department Head Review Completed
City of Miami Page 1 of 2 Printed on: 4/25/2024
Southeast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0025
Vincent T. Brown
Southeast Overtown/Park
West CRA
Southeast Overtown/Park
West CRA
City Clerk's Office
4/4/2024
4/11/2024
4/11/2024
4/15/2024
Approved to Form and
Sufficiency
Meeting
ADOPTED
Rendered
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
Legal Completed
Completed
Passed
Completed
City of Miami Page 2 of 2 Printed on: 4/25/2024