HomeMy WebLinkAboutCRA-R-24-0053 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0053
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 16398
Revision:
File Type: CRA Resolution Status: ADOPTED
Controlling Body: Southeast
Overtown/Park West CRA
File Name: Lease Agreement for SEOPW CRA's Office Space Introduced: 7/18/2024
at the Black Archives Lyric Theatre.
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 7/25/2024
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW
CRA"), WITH ATTACHMENT(S), AUTHORIZING THE EXECUTIVE DIRECTOR TO
EXECUTE A COMMERCIAL LEASE AGREEMENT ("LEASE"), SUBSTANTIALLY IN
THE FORM ATTACHED AND INCORPORATED HEREIN AS EXHIBIT "A," WITH THE
BLACK ARCHIVES HISTORY AND RESEARCH FOUNDATION OF SOUTH FLORIDA,
INC., A FLORIDA NOT -FOR -PROFIT CORPORATION ("BAF") FOR THE SEOPW
CRA'S OFFICE SPACE LOCATED AT THE BLACK ARCHIVES HISTORIC LYRIC
THEATER, 819 N.W. 2ND AVENUE, MIAMI, FLORIDA 33136 ("PROPERTY"), FOR A
TERM OF THREE (3) YEARS, IN A FORM ACCEPTABLE TO STAFF COUNSEL,
INCLUDING ANY AND ALL DOCUMENTS NECESSARY, AT A TOTAL MONTHLY
RENT OF NINETEEN THOUSAND FOUR HUNDRED SIXTY DOLLARS AND ZERO
CENTS ($19,460.00) ("MONTHLY RENT"), OR AN AMOUNT OF TWO HUNDRED
THIRTY-THREE THOUSAND FIVE HUNDRED TWENTY DOLLARS AND ZERO CENTS
($233,520.00) ANNUALLY, WITH A THREE PERCENT (3%) ANNUAL INCREASE
AFTER THE FIRST LEASE YEAR, PROVIDING FOR INCORPORATION OF
RECITALS, AND PROVIDING FOR AN EFFECTIVE DATE.
Notes:
Links:
Attachments: File # 16398 - Exhibit A (PDF)
File # 16398 - Exhibit B (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Miguel A Valentin 7/18/2024 Finance Review Completed
James McQueen 7/18/2024 Department Head Review Completed
Vincent T. Brown 7/18/2024 Approved to Form and Legal Completed
Sufficiency
Southeast Overtown/Park 7/25/2024 Meeting Completed
West CRA
Southeast Overtown/Park 7/25/2024 ADOPTED Passed
West CRA
City Clerk's Office 7/26/2024 Rendered Completed
City of Miami Page 1 of 1 Printed on: 8/5/2024