HomeMy WebLinkAboutCRA-R-24-0033Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-24-0033
File Number: 16078 Final Action Date:5/23/2024
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"), WITH ATTACHMENT(S), BY A FOUR -FIFTHS (4/5THS)
AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING,
APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S
RECOMMENDATION AND FINDING THAT COMPETITIVE NEGOTIATION
METHODS AND PROCEDURES ARE NOT PRACTICABLE OR
ADVANTAGEOUS, PURSUANT TO SECTIONS 18-85 OF THE CODE OF THE
CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE"), AND AS ADOPTED
BY THE SEOPW CRA; WAIVING THE REQUIREMENTS FOR COMPETITIVE
SEALED BIDDING AS NOT BEING PRACTICABLE OR ADVANTAGEOUS TO
THE SEOPW CRA; AUTHORIZING ADDITIONAL GRANT FUNDING IN AN
AMOUNT NOT TO EXCEED THREE MILLION NINE HUNDRED SIXTY
THOUSAND FOUR HUNDRED EIGHTY-THREE DOLLARS AND ZERO CENTS
($3,960,483.00) ("ADDITIONAL FUNDING"), BRINGING THE TOTAL PROJECT
COST TO THIRTY-ONE MILLION, SIX HUNDRED EIGHTEEN THOUSAND,
EIGHT HUNDRED SIXTEEN DOLLARS AND ZERO CENTS ($31,618,816.00)
("FUNDS"), TO THE TOWN PARK PLAZA NORTH CONDOMINIUM
ASSOCIATION, INC., A FLORIDA NOT FOR PROFIT CORPORATION ("TPPN"),
TO COMPLETE THE REHABILITATION OF THE PROPERTY LOCATED AT 1945
N.W. 5TH PLACE, MIAMI, FLORIDA 33136 ("PURPOSE"); FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE
AN AMENDMENT, IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, TO
THE SEOPW CRA'S PRIOR AGREEMENT WITH TPPN TO PROVIDE FOR THE
ADDITIONAL FUNDING FOR SAID PURPOSE; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW
CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is
responsible for carrying out community redevelopment activities and projects within its redevelopment
area in accordance with the 2018 Southeast Overtown/Park West Redevelopment Plan Update (the
"Plan"); and
WHEREAS, Section 2, Goal 3, of the Plan lists "encourag [ing] ... affordable ... housing within the
CRA" as a stated redevelopment goal; and
WHEREAS, Section 2, Goal 6, of the Plan lists "creating housing...designed to improve the
quality of life for Overtown residents in the CRA" as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 2, of the Plan also provides that "the neighborhood must retain
access to affordable housing even as the neighborhood becomes more desirable to households with
greater means" as a stated redevelopment principle; and
City of Miami Page 1 of 3 File ID: 16078 (Revision:) Printed On: 6/11/2024
File ID: 16078 Enactment Number: CRA-R-24-0033
WHEREAS, Section 2, Principle 3, of the Plan further provides that "there must be variety in
housing options" as a stated redevelopment principle; and
WHEREAS, built in 1973, Town Park Plaza North Condominium Association, Inc., a Florida not
for profit corporation ("TPPN") formerly known as Town Park Plaza Inc., located at 1945 N.W. 5th Place,
Miami, FL 33136 , is a residential housing complex consisting of 21 buildings and 169 condominium
units ("Property"); and
WHEREAS, the condition of TPPN poses a significant risk to the health and safety of its
occupants, and, in turn, extensive rehabilitation is needed, as evidenced by structural cracks, unsecured
railings, deteriorating plumbing, rotting wood, and outdated electrical wiring ("Project"); and
WHEREAS, on October 24, 2013, September 30, 2014, September 11, 2018, and April 15, 2021
the SEOPW CRA's Board of Commissioners passed Resolution Nos. CRA-R-13-0068, CRA-R-14-0062,
CRA-R-18-0042, and CRA-R-21-0001, which authorized the issuance of a grant, in an amount not to
exceed Twenty Seven Million Six Hundred Eighty Three Thousand Three Hundred Thirty Three Dollars
and Zero Cents ($27,683,333.00) to perform a full -gut rehabilitation to the units within TPPN, to
rehabilitate the exterior of the buildings, and to perform site work and common area improvements
throughout the Property; and
WHEREAS, since the onset of the rehabilitation for this Project, several events have resulted in
the need to increase the grant amount, including unforeseen conditions, Covid pandemic related
stoppages, the availability of materials and equipment following the Covid pandemic, labor and material
cost increases, and additional required work to satisfy the requirements of the City of Miami ("City")
Building Department ("Building") and the Code of the City of Miami, Florida, as amended ("City
Code"); all of which significantly impacted the construction costs and the temporary relocation expenses
for residents; and
WHEREAS, the Project is in the final stages of completion on 39 residential units and the TPPN
seeks additional grant funds to close-out the Project; and
WHEREAS, the Board of Commissioners wishes to transfer unused soft -cost funds approved
under Resolution CRA-R-21-0001, totaling One Hundred Twenty -Five Thousand Dollars and Zero Cents
($125,000.00), towards the necessary completion work on the Project; and
WHEREAS, the Board of Commissioners wishes to authorize additional funding in an amount
not to exceed Three Million Nine Hundred Sixty Thousand Four Hundred Eighty -Three Dollars And Zero
Cents ($3,960,483.00) ("Additional Funding"), bringing the total cost of the Project to Thirty -One Million
Six Hundred Eighteen Thousand Eight Hundred Sixteen Dollars And Zero Cents ($31,618,816.00)
("Funds"), to TPPN for the completion of the rehabilitation to the Property; and
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the
SEOPW CRA redevelopment goals and objectives; and
WHEREAS, based on the recommendation and findings of the Executive Director, it is in the
SEOPW CRA's best interest for the Board of Commissioners to authorize, by an affirmative four -fifths
(4/5ths) vote, a waiver of competitive sealed bidding procedures, pursuant to Section 18-85 of the City
Code, as adopted by the SEOPW CRA, to authorize the Executive Director to negotiate and execute any
and all agreements necessary, all in forms acceptable to the General Counsel, with TPPN for provision of
grant funds in an amount not to exceed Thirty -One Million Six Hundred Eighteen Thousand Eight
Hundred Sixteen Dollars And Zero Cents ($31,618,816.00) subject to the availability of funds;
City of Miami Page 2 of 3 File ID: 16078 (Revision:) Printed on: 6/11/2024
File ID: 16078 Enactment Number: CRA-R-24-0033
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. By a four -fifths (4/5th) affirmative vote, after an advertised public hearing, the
Executive Director's recommendation and written findings that competitive negotiation methods and
procedures are not practicable or advantageous to the SEOPW CRA, pursuant to Section 18-85 of the
City Code, as adopted by the SEOPW CRA, and waiving the requirements for said procedures is hereby
ratified, approved, and confirmed.
Section 3. The Executive Director is hereby authorized to disburse funds, at his discretion,
on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory
documentation from the SEOPW CRA Tax Increment Fund, "Other Grants and Aids" Account No.
10050.920101.883000.0000.00000 to TPPN for the Property for the purpose stated herein.
Section 4. The Executive Director is authorized to negotiate and execute an amendment, in
a form acceptable to the General Counsel, to the SEOPW CRA's prior agreement with TPPN to provide
for the Additional Funding for said purpose.
Section 5. Sections of this Resolution may be renumbered or re -lettered and corrections of
typographical errors which do not affect the intent may be authorized by the Executive Director, or the
Executive Director's designee, without need for public hearing, by filing a corrected copy of same with
the City of Miami City Clerk.
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
ounsel 5/16/2024
City of Miami Page 3 of 3 File ID: 16078 (Revision:) Printed on: 6/11/2024