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OMNI
Community Redevelopment Agency
Legislation
OMNI CRA Resolution: CRA-R-24-0040
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.miamicra.com
File Number: 16204 Final Action Date:6/18/2024
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA"), WITH ATTACHMENT(S), BY A FOUR -FIFTHS (4/STHS) AFFIRMATIVE
VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING,
AND CONFIRMING THE EXECUTIVE DIRECTOR'S RECOMMENDATION AND
FINDING, ATTACHED AND INCORPORATED AS EXHIBIT "A," 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
CRA'S FISCAL YEAR 2023-2024 BUDGET IN AN AMOUNT NOT TO EXCEED
FIVE HUNDRED THOUSAND DOLLARS ($500,000.00) FOR AN AFFORDABLE
HOUSING DEVELOPMENT PROJECT CONSISTING OF ONE (1) UNIT AT FIFTY
PERCENT (50%) AREA MEDIAN INCOME ("AMI"), TWO (2) UNITS AT EIGHTY
PERCENT (80%) AMI, AND ONE (1) UNIT AT CURRENT MARKET RATE AT
THE PROPERTIES LOCATED AT 1437 NORTH WEST 1ST PLACE, MIAMI,
FLORIDA 33136, WITHIN THE CRA REDEVELOPMENT AREA, TO THE
OVERTOWN FAMILY LAND TRUST ("GRANTEE"); AUTHORIZING THE
EXECUTIVE DIRECTOR TO DISBURSE FUNDS IN HER DISCRETION;
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE
ANY AND ALL AGREEMENTS NECESSARY AND AMENDMENTS, ALL IN
FORMS ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES
STATED HEREIN; ALL BEING SUBJECT TO THE AVAILABILITY OF FUNDING
AND THE RENTS BEING RESTRICTED FOR TWENTY-FIVE (25) YEARS AS
MORE PARTICULARLY DETAILED IN A RESTRICTIVE COVENANT TO BE
RECORDED IN THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA,
AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency
("CRA") is tasked with reducing slum and blight within its boundaries; and
WHEREAS, the Overtown Family Land Trust ("Grantee"), submitted a request for
funding to rehabilitate the property located at 1437 North West 1st Place, Miami, Florida 33136
(the "Project") consisting of four (4) total units which after rehabilitation will be rented at one (1)
unit at fifty percent (50%) of Area Median Income ("AMI"), two (2) units at eighty percent (80%)
AMI, and one (1) unit at current market rate as one unit is owner -occupied; and
WHEREAS, a portion of the grant shall also be used to assist with additional costs of the
building during construction; and
City of Miami Page 1 of 3 File ID: 16204 (Revision:) Printed On: 6/27/2024
File ID: 16204 Enactment Number: CRA-R-24-0040
WHEREAS, the 2019 Redevelopment Plan ("Plan") on page 4-32, lists the objectives of
the CRA "to find ways to ensure housing remains affordable for all income levels within the
district, but particularly for those households' meeting workforce or lower income guidelines";
and
WHEREAS, the Plan, also on page 4-34, states the CRA can "create and implement
programs to assist target income households to rehabilitate, and/or maintain the unit they
currently own" and "devise and implement programs to assist housing providers in creating
affordable units for target households"; and
WHEREAS, the Grantee requested grant funding for the Project in an amount not to
exceed five hundred thousand dollars ($500,000.00); and
WHEREAS, the success of the Project will result in accomplishing the stated objectives
of the Plan; and
WHEREAS, based on the recommendation and finding of the Executive Director,
attached and incorporated as Exhibit "A," it is in the CRA's best interest to authorize, by an
affirmative four -fifths (4/5ths) vote, a waiver of competitive sealed bidding procedures pursuant
to Sections 18-85 and 18-86 of the Code of the City of Miami, Florida, as amended ("City
Code"), as adopted by the CRA, for the allocation of grant funds for the Project in an amount not
to exceed five hundred thousand dollars ($500,000.00) to be disbursed subject to the Executive
Director's discretion, subject to the availability of funding;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble of the Resolution are
adopted by reference and incorporated as fully set forth in this Section.
Section 2. By a four -fifths (4/5ths) affirmative vote, after an advertised public hearing, the
Executive Director's recommendation and written finding, attached and incorporated, pursuant
to Sections 18-85 and 18-86 of the City Code, as adopted by the CRA, are ratified, approved,
and confirmed and the requirements for competitive sealed bidding methods as not being
practicable or advantageous to the CRA are waived.
Section 3.Grant Funds in an amount not to exceed five hundred thousand dollars
($500,000.00) for the Project are allocated, subject to the availability of funding, from CRA's
Fiscal Year 2023-2024 budget, to fund the costs as requested by the Overtown Family Land
Trust located at 1437 NW 1st Place Street, Miami, Florida 33136.
Section 4. The Executive Director is authorized to negotiate and execute any and all
necessary documents and amendments, all in forms acceptable to the General Counsel, for the
purposes stated herein, including but not limited to a restrictive covenant detailing rent
maximums per units for a period of 25 years which is to be recorded in the public records of
Miami -Dade County, Florida.
Section 5. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 3 File ID: 16204 (Revision:) Printed on: 6/27/2024
File ID: 16204 Enactment Number: CRA-R-24-0040
APPROVED AS TO FORM AND CORRECTNESS:
ge Wy j ng III, C1ty -ttor -y 6/10/2024
City of Miami Page 3 of 3 File ID: 16204 (Revision:) Printed on: 6/27/2024