HomeMy WebLinkAboutCRA-R-24-0032 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0032
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 16077
Revision: A
File Name: Accepting Top Ranked Proposer to RFI 23-03
File Type: CRA Resolution Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: Southeast
Overtown/Park West CRA
Introduced: 5/16/2024
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 5/23/2024
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY (THE "CRA"),
WITH ATTACHMENT(S), THE CRA ISSUED REQUEST FOR INFORMATION ("RFI")
23-03 (EXHIBIT "A") FOR PROPOSALS TO PARTICIPATE IN RECEIVING BOND
FUNDING FOR PROJECTS IN THE REDEVELOPMENT AREA, THE EXECUTIVE
DIRECTOR RECOMMENDS THE ACCEPTANCE AND APPROVAL OF THE
PROJECTS LISTED ON EXHIBIT "B", ATTACHED AND INCORPORATED HEREIN;
AUTHORIZING THE CRA TO SEEK A NON -RECOURSE BOND ISSUE LOAN
SECURED BY A PLEDGE OF TAX INCREMENT FINANCING ("TIF") , IN AN AMOUNT
NOT TO EXCEED ONE -HUNDRED SIXTY MILLION DOLLARS ($160,000,000.00)
("FUNDS") TO FINANCE REDEVELOPMENT ACTIVITIES; APPROVING THE
PROJECTS FOR THE USE OF THE PROCEEDS FROM THE IMPENDING BOND
ISSUANCE; AND AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE
APPROPRIATE AGREEMENTS WITH RESPECT TO EACH PROJECT; PROVIDING
FOR INCORPORATION OF RECITALS; AND PROVIDING FOR AN EFFECTIVE DATE.
Notes:
Links:
Attachments: File # 16077 - Exhibit A (PDF)
File # 16077 - Exhibit B-SUB (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
A Vincent T. Brown
A City Clerk's Office
5/16/2024
5/16/2024
5/16/2024
5/23/2024
5/23/2024
5/28/2024
5/28/2024
Finance Review Completed
Department Head Review Completed
Approved to Form and Legal Completed
Sufficiency
Meeting Completed
ADOPTED WITH Passed
MODIFICATION(S)
Approved to Form and Legal Completed
Sufficiency with Modifi
Rendered Completed
City of Miami Page 1 of 1 Printed on: 6/3/2024