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HomeMy WebLinkAboutCRA-R-24-0039 Master Report—et ow Omni CRA OMNI Community Redevelopment Agency Master Report Enactment Number: CRA-R-24-0039 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 http://miamicra.com File Number: 16182 File Type: OMNI CRA Resolution Revision: File Name: Purchase of Property located at 41 NW 20th Street Status: ADOPTED Controlling Body: OMNI Community Redevelopment Agency Introduced: 6/4/2024 Requesting Dept: OMNI Community Redevelopment Agency Final Action Date: 6/18/2024 Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, BETWEEN THE CRA AND BIG BIG CANASTA LLC, AND 17 EAST MR. P, LLC ("SELLER") FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 41 NW 20TH ST., MIAMI, FLORIDA 33127, CONTAINING AN APPROXIMATE TOTAL LOT AREA OF 15,600 SQUARE FEET ("PROPERTY") FOR A TOTAL PURCHASE PRICE NOT TO EXCEED FIVE MILLION SEVEN HUNDRED AND NINETY FIVE THOUSAND DOLLARS ($5,795,000.00); FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING ANY AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, THAT MAY BE NECESSARY TO EFFECTUATE SAID ACQUISITION; ALLOCATING FUNDS FROM ACCOUNT NO. 10040.920501.662000.0000.00000 IN A TOTAL AMOUNT NOT TO EXCEED SIX MILLION THREE HUNDRED SEVENTY-FOUR THOUSAND FIVE HUNDRED DOLLARS ($6,374,500.00) INCLUSIVE OF SAID ACQUISITION COST, THE COST OF A SURVEY, ENVIRONMENTAL REPORT, TITLE INSURANCE, AND RELATED CLOSING COSTS ASSOCIATED WITH SAID ACQUISITION, ALL IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT; FURTHER AUTHORIZING GENERAL COUNSEL TO ENGAGE OUTSIDE COUNSEL FOR THE PURPOSES OF THE CLOSING AND PROVIDING FOR AN EFFECTIVE DATE. Notes: Links: Attachments: 16182 Property Search (PDF) 16182 Backup (PDF) 16182 Property Appraisals (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Isiaa Jones 6/7/2024 Department Head Review Completed Domini J. Gibbs 6/7/2024 ACA Review Completed George K. Wysong III 6/10/2024 Approved Form and Completed Correctness OMNI Community 6/13/2024 Meeting Completed City of Miami Page 1 of 2 Printed on: 6/27/2024 Avis .W Omni CRA OMNI Community Redevelopment Agency Master Report OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 http://miamicra.com Enactment Number: CRA-R-24-0039 Redevelopment Agency OMNI Community 6/13/2024 MEETING CANCELLED Passed Redevelopment Agency OMNI Community 6/18/2024 Meeting Completed Redevelopment Agency OMNI Community 6/18/2024 ADOPTED Passed Redevelopment Agency City Clerk's Office 6/18/2024 Rendered Completed City of Miami Page 2 of 2 Printed on: 6/27/2024