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HomeMy WebLinkAboutSEOPW CRA 2014-02-24 MinutesCity of Miami City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Di IN UIR�Y P 91#ili: D Meeting Minutes Monday, February 24, 2014 5:00 PM CAMILLUS HOUSE 1603 NW 7TH AVE, BUILDING B SEOPW Community Redevelopment Agency Keon Hardemon, Chair Wifredo (Willy) Gort, Vice Chair Marc David Sarnoff, Commissioner Frank Carollo, Commissioner Francis Suarez, Commissioner SEOPW CRA OFFICE ADDRESS: 1490 NW 3rd Avenue, Suite 105 Miami, FL 33136 Phone: (305) 679-6800, Fax: (305) 679-6835 www.miamicra.com SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Present: Commissioner Sarnoff, Vice Chair Gort and Chair Hardemon Absent: Commissioner Suarez and Commissioner Carollo On the 24th day of February 2014, the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency of the City of Miami met in regular session at Camillus House, 1603 Northwest 7th Avenue, Miami, Florida. The meeting was called to order by Chair Hardemon at 5:13 p. m., recessed at 5:41 p. m., reconvened on February 27, 2014, at Miami City Hall at 12:17 p.m., and was adjourned at 12: 45 p.m. ALSO PRESENT: Clarence Woods, Executive Director, CRA William Bloom, Special Counsel, CRA Jessica N. Pacheco, Special Counsel, CRA Barnaby L. Min, Deputy General Counsel Todd B. Hannon, Clerk of the Board Chair Hardemon: At 5:13 p.m., we're going to call the CRA (Community Redevelopment Agency) meeting today on February 24, 2014 in order. Commissioners that are present: Commissioner Sarnoff Commissioner Gort; and myself, Commissioner Keon Hardemon. At this point, I'm going to ask if the CRA staff has any items that they'd like to continue or defer. Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Yes, Commissioner. We'd like to continue items 10, 13, and 14. Chair Hardemon: I'll give the Commissioners an opportunity to review those items. If there is a motion, I will entertain it at this time. Vice Chair Gort: Ten, 13, and 14. Board Member Sarnoff So move. Chair Hardemon: Is there a second? Vice Chair Gort: Second. Chair Hardemon: It's been properly moved and seconded that we continue items 10, 13, and 14. Is there any discussion? Seeing none, all in favor, say "aye." The Board (Collectively): Aye. Chair Hardemon: All against? The motion passes. Present: Commissioner Sarnoff, Commissioner Carollo, Vice Chair Gort and Chair Hardemon Absent: Commissioner Suarez On the 27th day of February 2014, the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency of the City of Miami reconvened in regular session at Miami City Hall, 3500 Pan American Drive, Miami, Florida. The meeting was reconvened by Chair Hardemon at 12:17 p.m., and was adjourned at 12:45 p. m. ALSO PRESENT: Clarence Woods, Executive Director, CRA William Bloom, Special Counsel, CRA Jessica N. Pacheco, Special Counsel, CRA Barnaby L. Min, Deputy General Counsel City of Miami Page 2 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Todd B. Hannon, Clerk of the Board Chair Hardemon: Commissioners, there's only one other item that I would ask for you to consider. In the CRA (Community Redevelopment Agency) meeting, we voted to continue CRA Resolution number -- was it resolution -- item number 10, and that is the Two Guys lease. At that time, we did not have the lease available. Now we have the lease available. I believe all Commissioners should have received a copy of it at this point, so what I'm asking you to do, I'm asking you to entertain a motion to rescind that continuance so that we can address this item. Todd B. Hannon (City Clerk): And Chair, my apologies. For the record, the motion was actually made to continue items 10, 13, and 14, so what the Board will want to do is rescind the motion for continuation of 10, 13, and 14; take up item number 10, or after you've done the -- after you've rescinded the motion for 10, 13, and 14, if you could have another motion made just to continue items 13 and 14, and you can address item number 10. Chair Hardemon: And to just give a little bit of background, the Two Guys -- well, you can, Mr. Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Yes. The reason we're back to you, you guys may -- I'm sorry -- Commissioners, you may recall that you passed a resolution to fund the -- passed a resolution for a grant to fund the renovation and rehabilitation of a location for Two Guys, which was -- I think it was 1438 Northwest 3rdAvenue. It was a property owned by St. Johns church. At that point in time, none of us had the foresight to know that FDOT (Florida Department of Transportation) would at some point want to do a condemnation on that building. They have condemned the building. They are doing a taking; they're in the process of finalizing that taking. Ms. Meadows, who is the owner of Two Guys, has been, you know, for years now waiting to actually occupy a space where her business can be stable and actually function in a redeveloped property. So now that FDOT has taken its property, we have what we believe is -- well, what we should do is -- I won't say an obligation -- is find her another location. FDOT has agreed that there are some things that they will do. We are providing a new location. This location will be in the shopping center where we are currently located, so that'll be one less tenant that we'll have to find. We do anticipate getting back the monies that we put into the St. Johns property, however we need to do that, but at this point in time, what this represents is the cost to build out that space with the appurtenances that were put in over at the current location, the old St. Johns property. So with this, we can have her in a new space, up and running in possibly about six months. Chair Hardemon: And Commissioners, I want to make it to be known that on June 24, 2013, there was a grant initiative that gave -- not to exceed $500, 000 to make tenant improvements for people who are prospective tenants at these locations, so this grant, as I understand it, is not a new -- Mr. Woods: New money. Chair Hardemon: -- allocation of funds. Mr. Woods: No new money. Chair Hardemon: It is money that it will be taken away from that $500, 000 to make this restaurant, Two Guys, who's been in that community for decades, have a location that is safe where people can actually visit and buy food. I -- you have to go there; it's something -- there's some burgers there that you might like, Commissioner. Mr. Woods: Well, they've actually had the food. She's catered events for us before; the large shrimp, and conch, and all of that other stuff. City of Miami Page 3 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Chair Hardemon: So that's why I'm asking for us to reconsider -- well, that's why I'm asking to entertain a motion to reconsider or to rescind the continuance so we can address just this item, so they can move into the building. Yes. Board Member Sarnoff Clarence, how much money was spent on the building that we renovated for them? Mr. Woods: Two hundred and sixty thousand dollars was -- Board Member Sarnoff- How old is that renovation? Mr. Woods: We completed it in March of last -- actually, February of last year we completed it. Board Member Sarnoff So what in this lease gives me some assurance that we'll get that money back? Mr. Woods: Well, the issues are somewhat complicated because of the relationships. As I indicated, the building that we renovated was owned by the church. When we give grants, we give grants to the actual business owners. We do that so that the business can then take advantage of a reduced lease, because we're improving the property. The lease that Ms. Meadows had with the church was representative of discounted rent payments that she would have to make, because we were making the improvements. Unfortunately, because we did not have any agreement with the church, itself we can't go of -- or we can't get the money from FDOT. FDOT is going to pay the church for the value of the building, and we then will be able to get or request the funding back from the church, itself. And the church has already -- they've already indicated that they'd be willing to work with us. Board Member Sarnoff Clarence, Clarence, here's my concern: You just spent $260,000 improving somebody else's property last year. Mr. Woods: Yes. Board Member Sarnoff You're -- this lease is an extremely favorable lease to the tenant. Mr. Woods: Yes. Board Member Sarnoff- When I say "extremely favorable," I think they're paying 300-something dollars a month rent? Mr. Woods: No. Well, that's the base rent. The total rent -- yeah, that's the base rent, yeah. Board Member Sarnoff Okay, and then they have to hit $10 million in gross sales before they pay percentage rent? Mr. Woods: No, no, no. I think you're talking about -- that's the supermarket; that's not Two Guys. Board Member Sarnoff What was just handed to me? Board Member Carollo: That's -- by the way, that's what I read, for a 1 percent -- Vice Chair Gort: Just before we got here (UNINTELLIGIBLE) -- Board Member Carollo: -- for additional rent. City of Miami Page 4 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Mr. Woods: No, you must -- Board Member Sarnoff.- So -- Vice Chair Gort: (UNINTELLIGIBLE). Mr. Woods: No, no, no, no. No, that's the supermarket lease that you guys had last month. We sent you guys the new lease. Board Member Sarnoff- At least -- look, guys. Board Member Carollo: Yeah. Board Member Sarnoff You know, and this is why -- Chair Hardemon: Commissioner, let me say this: There are two leases that we should have received. Mr. Woods: Right. Chair Hardemon: We should have received one for Two guys Restaurant. Mr. Woods: Right. Chair Hardemon: So look for that one. And then there's another one for a supermarket. I'm not asking -- Mr. Woods: Yeah, the supermarket. No, that's -- Chair Hardemon: -- to entertain -- a motion to entertain the supermarket lease; I'm asking -- Mr. Woods: -- the deferred item, the supermarket. Chair Hardemon: So do you have a copy of --? Board Member Sarnoff- Here's what was handed to me: Lease agreement between Two Guys Restaurant, Incorporated, as tenant -- Chair Hardemon: Okay. Mr. Woods: Yes. Board Member Sarnoff- -- and Southeast Overtown/Park West Community -- I'm going to -- let me state for the record -- Mr. Woods: Yes. Board Member Sarnoff -- Redevelopment Agency. That appears to be a -- one, two, three -- it's got lots of -- and by the way, this is why you don't hand somebody something on the dais as they're trying to make decisions. Mr. Woods: Okay. Board Member Sarnoff And then it appears to be a -- they're not numbered pages. City of Miami Page 5 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Board Member Carollo: Well, the one I -- Chair Gort: What page --? Board Member Carollo: -- what I saw, the -- where you mentioned the $10 million for the additional 1 percent, additional rent is page 4 -- at least I have it page 4D. And again, I also asked my office; they said they just received this also, and I know I just received it on the dais. Mr. Woods: Yeah. No, that -- this is the correct lease. This is the correct least that you are referring to, Commissioner. Board Member Sarnoff So my point is -- Mr. Woods: Yes. Board Member Sarnoff- -- that it's an extremely favorable lease -- Mr. Woods: Yes. Board Member Sarnoff.- -- to the tenant, and we just spent $260, 000 last year improving the tenant's property. Mr. Woods: Not the tenant's property. Board Member Sarnoff.- Let me -- yeah. Let me say that correctly. Two hundred and sixty thousand dollars to -- for the tenant's use. Mr. Woods: Yes. Board Member Sarnof Now you are going to spend again an additional -- was it half a million dollars? Mr. Woods: One -thirty. No, it's one -- Board Member Sarnoff- How much? Mr. Woods: A hundred and thirty. Commissioner Sarnoff Hundred and thirty thousand dollars. Mr. Woods: A hundred and thirty thousand dollars, right. That is -- and let me make this clarification as well -- and I mentioned the appurtenances -- the equipment and fixtures will be taken out of the location where she should have gone into and we will use them in this new location, so that's why the cost isn't as much as it was when we originally took on the project. Chair Hardemon: And Commissioners, I would like to -- Mr. Woods: So we will get -- Chair Hardemon: -- make a point about this, Commissioners. This is a -- when I -- I was not a Commissioner at the time that the grant to improve upon the business that sits on 14th Street that is now being taken by eminent domain. I was not a part of this Commission at the time when it happened, but I will say this: When you consider the fact that Two Guys has been in that community for a very long time; they've seen the down side of that community for such a long City of Miami Page 6 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 time, and still remained there to service the people who live in Overtown, and you consider that the one opportunity that they have, because of the CRA, to have someplace -- because if you go there now, there's -- the facility is terrible -- but to have someplace where they can actually serve food to patrons, where they can enjoy themselves, sit, eat a burger, or conch, or french fries or whatever it may be that they serve; when they have that one opportunity given to them, when they're given that one piece of -- chance to have a successful business where people can actually come from other parts of the community to this community and enjoy a meal, it is taken away from them by the highway. And we all know the history that the highway has had within Overtown, and here we are with a business that was improved upon -- a business; I'm not considering the owner of the actual building, but a business that had an opportunity to serve people in a better facility were taken away from them because of what the highway system is now doing to Overtown once again. I'm not fighting about whether or not it'll be an improvement in the community, this highway system. All I'm saying is that when we consider that this tenant, the person who's actually providing the services to the community, the person who is actually paying taxes, the person who is doing something in Overtown that needs to be done, which is creating business, we -- they should not suffer because of what has happened to them through no fault of their own. If we had known on the Commission -- and like I said, I was not here at that time -- that there was a taking that was to be in process of the building that was to be improved, then I'm sure that we would not have paid that money to improve upon that building. But that's water under the bridge. The one thing that I consider when I'm trying to improve upon this community to make it somewhere where all of us can actually sit down maybe one day as a Commission and enjoy a meal or two, I'm thinking about what services and what benefits are going to be going to the actual patron. And Commissioners, I will tell you that there are not very many restaurants that are willing to even go into Overtown today, and this is a restaurant that's saying, "Not only have I been here, but I will continue to be here," and I think that those types of businesses should be rewarded. When you consider places like Jackson Soul Food, they should be rewarded, and they have. When you consider places like House of Wings, they should be rewarded. These are people coming from outside the community to invest into the community, so there is something that can be done for them. I agree, Commissioner Sarnoff, that it was unfortunate, because it seemed to be a waste of money to improve upon a building that was taken from us, but let's not transfer that mishap to the business owner and whether -- and rather, let's just associate that with a taking that was not within her control. Board Member Sarnoff. Well, I'm -- and Mr. Chair, I'm not convinced that it's not in our power or ability to recoup that $260,000, and I'm not so quick to call it water under the bridge, 'cause if you -- I'm sure you know that eminent domain taking pays the highest amount of money of any real estate transaction in the State of Florida. You have -- you get compensated based on the highest and best use of that property, so my question is: What is our strategy; what is our plan; what is our intent to recoup our $260,000, very simply, from the church? Chair Hardemon: Mr. Woods. Board Member Sarnoff Because -- Mr. Woods: There is a plan in place. As I mentioned, we have had conversations with the leadership of the church. They've expressed a willingness to work with us. Beyond that, I'm not at liberty to go into, you know, too much detail about our conversations, but there is a plan in place to try to recuperate -- to recoup the funding. Board Member Sarnoff.- So then you're asking me to have faith that this document is not pertinent to this, and that I should trust you? Mr. Woods: I'm asking for a little faith; I don't know about trusting me. Board Member Sarnoff.- Well, I'm just caking if that's what you're asking me to do. City of Miami Page 7 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Mr. Woods: I don't know about trusting me, but I'm asking that you have a little faith. I believe that we'll be able to work out a situation that will make us whole; I really believe that. Chair Hardemon: And I will say also that this lease agreement has nothing, in a sense, to do with whether or not the CRA will be able to recoup the monies from that initial investment. This lease agreement is to give that restaurant an opportunity to open its doors in a place that is safe and is within code. Mr. Woods: And Commissioners, if I may, I'd just like to add two bits of information I think is really pertinent. The building where she is operating out of right now, the one that Commissioner Hardemon mentioned that is in bad shape is actually owned by us, the CRA, and it is the future location for the Island Living Development. One of the things that we have been trying to do and get her over into that new space is remove the tenant so we can go ahead and condemn that property, because the developers for that property, I mean, they've been pushing and they've been waiting. We can't do anything to progress that development because she is still there. And if -- she's not there because she wants to be; she's not there because the other project didn't finish, wasn't completed. She's there because of this taking. The other thing that I might mention is that with the expansion ofI-395, I was a part of their project advisory group; they call their page committee. As a representative of the CRA, I sat for three years as they went to the community, and they came to the stakeholders in the community to talk about the issues, because of the -- because of I-95 and the history ofFDOT running expressways through the Overtown community, they felt it really important to reach out and make sure everybody knew what was going on. I can tell you I have the document -- the documentation, I have it -- where never in the three years did they ever express any interest of taking properties south of the existing structure in the Overtown CRA; not once. And I've had them to admit to me, "Yes, you guys would not have known that we were planning to take that property because the final geometry had not been worked up yet." So when we approved that, the 260, 000, we had no way of knowing that they were going to take that building. We wouldn't have done it. Chair Hardemon: Reverend Lincoln, please have a seat. Commissioner Sarnoff. Board Member Sarnoff. Yeah, just last thing: When we give out grants -- Mr. Woods: Yes. Board Member Sarnoff.- -- do we protect ourselves that in the event that that particular grantee is the recipient of that grant that they have any obligation that in the event that they sell the building or there's a taking -- Mr. Woods: Yes. Board Member Sarnoff -- we get reimbursed? Mr. Woods: Yes. There -- what we have in most of our grants is what we call a restrictive covenant and deed restriction. We do have those. Board Member Sarnoff- Do we have that in this circumstance? Mr. Woods: Under this circumstance, no, because this was a tenant improvement grant. What -- Board Member Sarnoff- See, on the one hand, you want to argue to me we improved somebody's property, and then on the other hand, you want to say it's a tenant improvement grant. How do you -- don't you protect the taxpayers in one way, shape, or form? Because you're -- City of Miami Page 8 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Chair Hardemon: And Commissioner Sarnoff Board Chair Hardemon: Commissioner Sarnoff, I agree with you, and when I first heard about how we administer these grants, the first thing I thought to myself is that the agreement needs to be with the owner of the building, because now they're getting some improvement to their facility without having to go through any rigmarole just because they have a good tenant in that sense, so I will agree with you on that. That's something that we have to look at moving forward. Commissioner Gort. Vice Chair Gort: I have one question. The assessment value of the property before the improvement and the assessment value of the property after the improvement, there has to be. Mr. Woods: Yes. Vice Chair Gort: And that difference is -- they should understand it should go to the CRA. Mr. Woods: Well -- Vice Chair Gort: We reinvested in the community. Now, about this: We just received this yesterday in the afternoon, and what you got in here, you have about -- the first page says lease for the market; and then you go into the page for the lease for the restaurant; and then in the fourth page, reporting payment of $10 million, which was addressed before. In other words, this lease you got here, there's different type of papers in here. Mr. Woods: Well, what you see -- Vice Chair Gort: According to you, it's -- you looked at breakdowns in this lease for this -- Mr. Woods: Well, if you look at page 1, that's basically the term sheet; those are all the terms. What you see on page 4 is a percentage rent that if she should ever hit those numbers, then we would be able to get 1 percent of the sales. Vice Chair Gort: This is going to apply to the future of the company? Mr. Woods: To the supermarket as well; all that. Vice Chair Gort: But mixed with the -- Chair Hardemon: Let me interrupt, let me interrupt. What I'm seeing from Mr. -- Commissioner Gort is that literally -- and he is correct. And I'm looking at the lease agreement between Two Guys, Incorporated. As I flip through the pages, I don't know if this was printed this way and someone mistakenly shuffled them in here -- Mr. Woods: No, I think this was -- Chair Hardemon: -- but the shopping center -- Mr. Woods: It shouldn't have been included. Chair Hardemon: -- it says "shopping center lease," and then -- Mr. Woods: Yeah, it shouldn't have been included. This -- City of Miami Page 9 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 FINANCIALS 1. 14-00149 2. 14-00150 Chair Hardemon: So at this point, then there is confusion about what -- Look, so with this thing said -- and thank you, Commissioners, for bringing this to my attention -- Mr. Woods: Yeah. Chair Hardemon: These leases seem to have been -- there's -- some pages are mixed up. So because these pages are mixed up, I'm not going to ask this Commission to entertain any type of motion, and at this point, the item will still be continued until the next agenda meeting. And we have addressed all the business that we need to address for the CRA, and I'm going to conclude the meeting at this time at 12:47. Thank you. CRA REPORT FINANCIAL SUMMARY FOR THE PERIOD ENDING JANUARY 31, 2014. File # 14-00149 Financial Summary.pdf PRESENTED Chair Hardemon: Is there any other item? Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): You can go ahead and go in order, Commissioner, if you wish. Chair Hardemon: At this point we move back to the beginning of the agenda to item number 1, the CRA (Community Redevelopment Agency) report and financial summary for the period ending January 31, 2014. Miguel Valentin (Non -City Approver/Southeast Overtown/Park West Community Redevelopment Agency): Good evening, Commissioners. We're going to present the combined statement of financial position as of January 31, 2014. We are disclosing the cash amount of 48, 777,475. Chair Hardemon: Is there any -- Does the Commission have any questions for him? Board Member Sarnoff Are there any reportable conditions? Mr. Valentin: There is no reportable condition to report to the Board. Vice Chair Gort: The one thing we've asked in the past, and you explained it, that the -- a lot of the funds that committed to different projects, they have not begun because it's important for people to understand that. Mr. Valentin: Yeah, like you say, I will tell you that 40 -- 65 percent of that money is being allocated through resolutions and 30 -- 34 percent is assigned to projects that we are intending to undertake. We don't have too much money as a budget reserve right now, but still, it's under your prerogative to make changes and to de -obligate encumbrances if you decide that. Vice Chair Gort: Thank you. CRA PRESENTATION FY 2013 FINANCIAL STATEMENT PRESENTATION. File # 14-00150 Presentation Backup.pdf City of Miami Page 10 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 RESOLUTIONS 3. 14-00153 PRESENTED Chair Hardemon: Moving on to item number 2, CRA (Community Redevelopment Agency) presentation; the financial statement presentation, please. Richie Tandoc: Good evening, Chair and Board Members. My name is Richie Tandoc. I am the partner with Sanson, Kline, Jacomino, Tandoc & Gamarra. I am the partner in charge of the audit for the Southeast Overtown/Park West for the fiscal year ended September 30, 2013. Before I get into my brief presentation, I just want to thank Clarence and Miguel for their continued assistance in helping us get this audit done in a timely manner, in cooperation with the City's Finance staff. I provided each of you with a copy of my report, which is the 2013 audit results in accordance with generally accepted auditing standards and government auditing standards, and I'll just give you our response to each of those required communications ifI could. I'm starting on page 1 of my report. On the left-hand column are the required communications and I'll just go over the responses to each of those. With regards to our responsibility under generally accepted auditing standards and government auditing standards, we have issued a unmodified opinion, which is a clean opinion on the agency's basic financial statements for the fiscal year ended September 30, 2013. We also issued our report on the agency's internal control over financial reporting and on compliance and other matters for the year ended September 30, 2013. We noted no material weaknesses or material noncompliance issues therein. Chair Hardemon: Let me stop you for a moment. Mr. Tandoc: Sure. Chair Hardemon: Commissioners, if you have any questions on -- I know you received this item and you've read it yourselves. If there -- do you have any questions specifically for this gentleman? Vice Chair Gort: I don't. Chair Hardemon: And I'm asking in -- of course, in consideration of time. Vice Chair Gort: Yes. Board Member Sarnoff No. Chair Hardemon: All right. So we -- if there are no objections, we'll accept the report that you provided to us, and if we have any other questions, we'll be sure to contact you. Mr. Tandoc: That's fine. Thank you. Chair Hardemon: Thank you so very much. CRA RESOLUTION A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S TAX INCREMENT FUND AND GENERAL OPERATING BUDGET, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014; DIRECTING THE EXECUTIVE DIRECTOR TO City of Miami Pagz 11 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 TRANSMIT COPY OF THE AMENDED BUDGETS TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. File # 14-00153 Cover Memo.pdf File # 14-00153 Legislation.pdf File # 14-00153 Exhibit.pdf File # 14-00153 Legislation.pdf Motion by Vice -Chair Gort, seconded by Board Member Sarnoff, that this matter be ADOPTED WITH MODIFICATIONS PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Sarnoff Absent: Commissioner Carollo and Commissioner Suarez CRA-R-14-001 0 Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): The second item that we'd like for you to consider is the budget for the Southeast Overtown/Park West, which is item number 3. Chair Hardemon: Which number? Mr. Woods: Item number 3. Chair Hardemon: Number 3. Mr. Woods: That is the item -- there was one modification or a minor change; it was a scrivener's error. Is it okay if we go ahead and take this item? Chair Hardemon: I will accept this modification to the resolution if there is no objection. Vice Chair Gort: I'm sorry, it -- Chair Hardemon: Can you see where it is? Mr. Woods: The modification, Commissioners, is within the second "whereas" clause. It read -- it was necessary to amend the budgets to reflect the amount of the Tax Increment Funds -- I guess it was provided or submitted in January 2013. It should have read "January 2014, " and it's actually owed in January 2014. That's the change that we made, which is a scrivener's error. If you want me to read the whole item into the record, I can. Chair Hardemon: Commissioners, do you understand where we are? Mr. Woods: The second "whereas " clause. Chair Hardemon: So as we look at the first -- the resolution that you have, that you have included in your booklet, the second -- Vice Chair Gort: Right. What is the changes that we amended; what's the amendment? Chair Hardemon: He means in the item. Mr. Woods: It's the second "whereas" clause; if you look at your packet where the second "whereas" clause is. Vice Chair Gort: Action in 2014 instead of '13, correct? Mr. Woods: Yes, that one. City of Miami Page 12 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Vice Chair Gort: Okay. Jessica N. Pacheco (Special Counsel): The amendment is only to change the calendar date by when the redevelopment firnds would have been deposited into the trust fimd. Chair Hardemon: So that is the modification to the actual piece of legislation -- Ms. Pacheco: Yes. Chair Hardemon: -- but as far as the item itself. Ms. Pacheco: That's it, just the date. Chair Hardemon: Okay. Vice Chair Gort: Move it. Board Member Sarnoff. Second. Chair Hardemon: It's been properly moved and seconded that we approve the budget, which is item number 3. Is there anyone from the community that'd like to address this item? Seeing that no one -- there's no one here from the public that'd like to address the item, is there any discussion from the Commissioners? Seeing none, all in favor, say "aye." Vice Chair Gort: Aye. Chair Hardemon: All against? Board Member Sarnoff. Sorry, what is the item? Mr. Woods: It's item number 3. Chair Hardemon: Item number 3. Board Member Sarnoff. Oh, I'm sorry, I thought we voted -- I apologize. Chair Hardemon: I didn't hear you; say it again? Board Member Sarnoff: I thought we already passed it. I apologize. Chair Hardemon: Okay, so all in favor, say "aye." The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. 4. CRA RESOLUTION 14-00143 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY RATIFYING THE EXPENDITURE OF FUNDS, IN AN AMOUNT NOT TO EXCEED $7,648.88, TO UNDERWRITE COSTS ASSOCIATED WITH THE 2013 HOLIDAY TREE LIGHTING EVENT HELD ON NW 3RDAVENUE, MIAMI, FLORIDA; ALLOCATING FUNDS FROM SEOPW, "OTHER GRANTS AND City of Miami Page 13 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. File # 14-00143 Cover Memo.pdf File # 14-00143 Financial Form.pdf File # 14-00143 Backup.pdf File # 14-00143 Legislation.pdf Motion by Board Member Sarnoff, seconded by Vice -Chair Gort, that this matter be ADOPTED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Sarnoff Absent: Commissioner Carollo and Commissioner Suarez CRA-R-14-0012 Chair Hardemon: I'm going to move on to CRA (Community Redevelopment Agency) Resolution Number 4 -- or item number 4, rather. Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Commissioners, item number 4 is a ministerial item. It's just looking to ratify an expenditure. It's a resolution of the Board of the Southeast Overtown/Park West Community Redevelopment Agency ratifying the expenditure of funds in an amount not to exceed $7, 648.88 to underwrite the cost associated with the 2013 Holiday Tree Lighting Event held on Northwest 3rdAvenue in Miami, Florida. Board Member Sarnoff. So move. Chair Hardemon: It's been -- Vice Chair Gort: Second. Chair Hardemon: -- properly moved and seconded that we approve this item. Is there anyone from the community that'd like to address this item? Seeing that there are none, is there any discussion that needs to happen through the Commission? Seeing none, all in favor, say "aye." The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. 5. CRA RESOLUTION 14-00147 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY RATIFYING THE EXERCISE OF THE CRA'S OPTIONS TO RENEW ITS SERVICES AGREEMENT WITH HORSEPOWER ELECTRIC, INC. ("HORSEPOWER') TO PROVIDE STREETLIGHT MAINTENANCE SERVICES ON CRA-MAINTAINED STREETLIGHTS, FOR THE PERIOD OF SEPTEMBER 1, 2013 THROUGH AUGUST 31, 2014, AT THE ANNUAL RATE OF $25,000; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXERCISE THE CRA'S OPTION TO RENEW ITS SERVICES AGREEMENT WITH HORSEPOWER TO PROVIDE SAID SERVICES FOR THE PERIOD OF ONE (1) YEAR, COMMENCING SEPTEMBER 1, 2014, AT THE ANNUAL RATE NOT TO EXCEED $25,000; FURTHER AUTHORIZING THE EXECUTION OF ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; FUNDS TO BE ALLOCATED FROM SEOPW TAX INCREMENT FUND, "OTHER CONTRACTUAL SERVICES," ACCOUNT CODE NO. City of Miami Page 14 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 10050.920101.534000.0000.00000. File # 14-00147 Cover Memo.pdf File # 14-00147 Financial Form.pdf File # 14-00147 Backup.pdf File # 14-00147 Legislation.pdf Motion by Vice -Chair Gort, seconded by Board Member Sarnoff, that this matter be ADOPTED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Sarnoff Absent: Commissioner Carollo and Commissioner Suarez CRA-R-14-0013 Chair Hardemon: Moving on to item number 5. Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Commissioners, item number 5 is a resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency rating the exercise of the CRA's option to renew its services agreement with Horsepower Electric to provide streetlight maintenance services on CRA-maintained streetlights for the period of September 1, 2013 through August 31, 2014 at the annual rate of 2,500 -- $25, 000; further authorizing the execute -- the executive director to exercise the CRA's option to renew its services agreement with Horsepower to provide said services for the period of one year commencing September 1, 2014 at the annual rate not to exceed $25, 000; further authorizing the execution of all documents necessary for said purpose. Vice Chair Gort: Move it. Board Member Sarnoff Second. Chair Hardemon: It's been properly moved and seconded that we approve this item. Is there anyone from the community that'd like to discuss it? Yes, sir. Grady Muhammad: I think it's a great item in favor -- I think -- Chair Hardemon: Can you introduce yourself for the record, please? Mr. Muhammad: Grady Muhammad, president and CEO (Chief Executive Officer) of Miami -Dade First. I think it's a great item, but I think what we have to do, potential with Horsepower, look at a longer term employment, specifically how do we can potentially start to doing these streetlights in solar power. One, it'll be able to stop all of the stealing of the copper wiring that goes on throughout the City and the County; and we can be able to get -- again, these are potential jobs that'll have to go to start the manufac -- that are -- those power lines we -- can be retrofitted potentially, because we did that previously even in Liberty City, especially with our community. They kept changing the bulbs and the lights. They kept shooting the lights and everything out. FPL (Florida Power & Light) came up with a paneling and everything that was a security protected coating that they couldn't shoot the lights out, and that prevented a lot of the streetlights from being out. And within our district -- especially within your district, Commissioner, citywide, if we could potentially go with one of the best powers we have, solar, to be able to prevent that theft of copper constantly and replacing and constantly doing it, I think it'd be again potential job created, because it's just a -- it's a win -win. Thank you. Chair Hardemon: Thank you, sir. Is there any other public comment? Seeing none, I'm going to close that section. Is there any unreadiness or any discussion from the Commission? Seeing none, all in favor, say "aye." City of Miami Page 15 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. 6. CRA RESOLUTION 14-00142 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") ACCEPTING A GRANT IN THE AMOUNT OF $10,000 FROM THE HEALTH FOUNDATION OF SOUTH FLORIDA, INC. IN SUPPORT OF THE OVERTOWN HEALTH PARTNERSHIP'S ("OHP") EFFORTS TO INFORM AND EDUCATE RESIDENTS ABOUT EXISTING COMMUNITY HEALTH RESOURCES AND TO PROMOTE HEALTHY LIVING; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO ADMINISTER THE GRANT ON BEHALF OF OHP; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE. File # 14-00142 Cover Memo.pdf File # 14-00142 Backup.pdf File # 14-00142 Legislation.pdf Motion by Board Member Sarnoff, seconded by Vice -Chair Gort, that this matter be ADOPTED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Sarnoff Absent: Commissioner Carollo and Commissioner Suarez CRA-R-14-0014 Chair Hardemon: Moving on to agenda item number 6. Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Yes. Commissioner, item number 6 is a resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency accepting a grant in an amount of $10, 000 from the Florida Health Foundation of South Florida, Inc., in support of the Overtown Health Partnership efforts to inform and educate residents about existing community health resources, and to promote healthy living; further authorizing the executive director to administer the grant on behalf of OHP (Overtown Health Partnerships); authorizing the executive director to execute all documents necessary for said purposes. Commissioners, this is a grant that we actually received as a result of a larger grant that we actually applied for. We didn't get the larger grant, but they were -- they felt our application was so compelling that they wanted to give us something. I have my grant writer here, Xavier Vega, and he can just give you a little more about this whole grant if you desire to have it. Chair Hardemon: Be brief. Xavier Vega: Yes. Hello, yeah. Basically, the grant -- the grant funds are used to -- are going to be used to support a partnership that we have, promoting, you know, health care in the CRA (Community Redevelopment Agency) area. Chair Hardemon: Thank you very much. Is there any public comment on this item? Seeing none, is there a motion? Well -- Board Member Sarnoff.: So move. Chair Hardemon: It's been properly moved. City of Miami Page 16 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Vice Chair Gort: I think there's somebody up there. Chair Hardemon: Okay. Yes, you can come and address the Commission. Karen Cartwright: Karen Cartwright, 1770 Northwest 5th Avenue, Overtown. The question is: A partnership; a partnership with who? Chair Hardemon: Okay. Mr. Woods: The Overtown Health Partnership, which is a consortium of many youth service providers within Overtown. It's Urgent Inc.; it's Touching Miami with Love; it's the Overtown Youth Center. We have a list of them; just a quick second. Chair Hardemon: Health Salvation of South Florida; Jefferson Reaves Health Center; Barry University School of Social Work; Health Council of South Florida; Town Park Plaza Board of Directors; and Booker T. Washington Alumni Association. It's all included in the backup if you go online to pull the information about the item. Ms. Cartwright: Okay, but he's standing here saying it's a partnership, and everybody in the room. A partnership with who? Chair Hardemon: I understand. Ms. Cartwright: Okay, thank you. Chair Hardemon: Thank you very much, Ms. Cartwright. Is there any other public comment? Seeing none, it's been properly moved. Is there a second? Vice Chair Gort: Second and question. Chair Hardemon: It's been properly moved and seconded to pass this item. The floor is open for discussion at this time. Vice Chair Gort: It'll be important if whenever we get one of those grants and we provide services that we come back after a year or so on what we've been able to accomplish through those services so people have an idea. Mr. Woods: Absolutely, Commissioner. And again, this is pretty much just a grant that would allow those organizations just to gather information or disseminate information, so it's -- it's not going to do a whole lot, it's $10,000, but we will be getting out information regarding different health initiatives that's happening within the redevelopment area. Vice Chair Gort: Correct, but I'm understanding in looking for the problems, I hope they also will come up with solutions and some recommendation to solve some of the problem that exists. Mr. Woods: Absolutely, absolutely, absolutely. Vice Chair Gort: Thank you. Chair Hardemon: Any other discussion? Seeing none, all in favor of the item, say so -- say aye. The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. City of Miami Page 17 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 7. 14-00152 CRA RESOLUTION A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE EXPENDITURE OF FUNDS IN THE AMOUNT OF $19,000.00 FOR FINANCIAL ANALYTICAL SERVICES RENDERED BY STANDARD & POOR'S FINANCIAL SERVICES, LLC IN CONNECTION WITH THE ISSUANCE OF TAX INCREMENT REVENUE BONDS, SERIES 2013; ALLOCATING FUNDS FROM SEOPW,PROFESSIONAL SERVICES " ACCOUNT CODE NO. 10050.920101.531000.0000.00000. File # 14-00152 Cover Memo.pdf File # 14-00152 Financial Form.pdf File # 14-00152 Backup.pdf File # 14-00152 Legislation.pdf Motion by Vice -Chair Gort, seconded by Board Member Sarnoff, that this matter be ADOPTED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Sarnoff Absent: Commissioner Carollo and Commissioner Suarez CRA-R-14-0015 Chair Hardemon: Moving on to CRA (Community Redevelopment Agency) resolution -- item number 7. Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Yes, Commissioner. Item number 7 is a resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency authorizing the expenditure of funds in an amount not to exceed $19, 000 for financial analytical services rendered by Standard & Poor's Financial Services, LLC (Limited Liability Corporation), in connection with the issuance of Tax Increment Revenue Bonds Series 2013; allocating funds from the SEOPW (Southeast Overtown/Park West) Professional Services. Commissioners, this is an item that -- this expense was in getting our credit re -graded in anticipation of the bond loan, the $60 million bond loan when we were attempting to go to market, doing the private placement loan, and we found that we would not be able to get, you know, that much money. It was recommended that we use a different method or different alternative for execution, which was to do a limited public offering, and in doing so, we -- it was suggested that we have our credit re -graded, and we did; came back as a Triple "B"plus stable, which did have the effect of giving us some better execution at that time when we were looking to close on our bond loan, so this is just the cost for getting that upgrading and the credit. Chair Hardemon: Commissioner Gort. Vice Chair Gort: Was the financial advisor able to give you a number of savings because of the -- that report? Mr. Woods: No, we didn't get a number of savings, but I think after talking to (UNINTELLIGIBLE) Nicholas, who is another organization that was looking at our bond -- looking at doing our bond loan, they suggested that having that re -grading had -- would probably have had a significant impact in -- maybe even in the millions, you know, in having that grading -- that re -grading done, so we just had a conversation with them on that on Friday. Vice Chair Gort: Move it. City of Miami Page 18 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Board Member Sarnoff.- Second. Chair Hardemon: It's been properly moved and seconded that we approve agenda item number 7. Is there any public comment at this time? Seeing none, I'm going to close that section of the agenda and move on to the vote. Is there any further unreadiness? Seeing none, all in favor, say "aye." The Board (Collectively): Aye. Chair Hardemon: All against? Vice Chair Gort: I apologize. Chair Hardemon: Motion passes, and we lose our quorum. Well, first of all, I need to say thank you very much, Mr. Gort, for coming out. I really do appreciate it, Commissioner. Ladies and gentlemen, we've lost our quorum, so we have no ability to actually move any things until -- to have any -- to take any action on these items, so CRA (Community Redevelopment Agency) Resolution Number 8, CRA Resolution -- I'm sorry -- the agenda item number 8, agenda item number 9, agenda item number 11 and number 12, and 15 -- Jessica Pacheco (Special Counsel): Twelve was taken. Mr. Woods: Yeah, they've already been taken. Chair Hardemon: Twelve was moved? Mr. Woods: Yeah. Ms. Pacheco: And 15. Chair Hardemon: Oh, 12 was passed. Mr. Woods: Yeah, right. Chair Hardemon: So let me repeat myself. Agenda item number 8 -- Mr. Woods: Eight, 9. Chair Hardemon: Agenda item number 9. Mr. Woods: That's it. Chair Hardemon: Number 11. Ms. Pacheco: Yeah, that's it; three. Chair Hardemon: Those items will be on the next CRA meeting agenda. At this time, I'm going to adjourn the meeting. Thank you very much for coming. We did what we could. Instead of these items being brought up on the next agenda, what we're going to do is we're going to recess this until the next City Commission meeting. Maybe we'll have an opportunity to address these items at that time; sometime in between a break or something of that nature; is that okay? Todd B. Hannon (City Clerk): If you're recessing the meeting -- Chair Hardemon: Yes. City of Miami Page 19 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 8. 14-00151 Mr. Hannon: -- can you stated the date and the time roughly we're going to be -- Chair Hardemon: Right. So we will recess until Thursday, which is the 27 of February, 2014, let's say at approximately 12 o'clock p.m. Okay, thank you so very much. Mr. Hannon: The meeting stands in recess. CRA RESOLUTION A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING ADDITIONAL GRANT FUNDING, IN AN AMOUNT NOT TO EXCEED $25,200, TO TOWN PARK VILLAGE NO. 1, INC., TO UNDERWRITE COSTS ASSOCIATED WITH THE REPAIR OF DAMAGED UNDERGROUND ELECTRICAL CONDUITS AT 1680 NW 4TH AVENUE, MIAMI, FLORIDA; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; ALLOCATING FUNDS FROM SEOPW, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. File # 14-00151 Cover Memo.pdf File # 14-00151 Financial Form.pdf File # 14-00151 Backup.pdf File # 14-00151 Legislation.pdf Motion by Vice -Chair Gort, seconded by Board Member Carollo, that this matter be ADOPTED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort, Commissioner Sarnoff and Commissioner Carollo Absent: Commissioner Suarez CRA-R-14-0016 Chair Hardemon: At this time I'd like to resume the Southeast Overtown/Park West Community Redevelopment Agency meeting that began on Monday. I believe that was the -- Todd B. Hannon (City Clerk): February 24, sir. Chair Hardemon: Thank you very much. And the -- in summary, there were three items that we had not addressed yet, and that was CRA (Community Redevelopment Agency) Resolution number -- well, number 8, number 8. So that is the resolution of the Board of Commissioners for the $25,200. So, please, Mr. Chairman. Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Yes. Commissioners, good morning; Clarence Woods, the executive director of the Southeast Overtown/Park West CRA, and item number 8 is a resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency authorizing additional grant funding in an amount not to exceed $25,200 to Town Park North -- I mean to Town Park Village Number 1 to underwrite costs associated with the repair of damaged underground electrical conduits at 1680 Northwest 4th Avenue; authorizing the executive director to disburse funds on a reimbursement basis or directly to vendors upon presentation of invoices and satisfactory documentation; authorizing the executive director to execute all City of Miami Page 20 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 9. 14-00140 documents necessary for said purpose. Commissioner, this is an item you're familiar with. This is Town Park North. This is for the 40-year recertification of Town Park Village. We are undertaking the upgrades of the electrical systems in Town Park. There are -- there were some unforeseen conditions, and in order to close out the permit, we need to deal with the eroding conduit and the wiring that was not part of the scope, the original scope. Chair Hardemon: Is there anyone here from the public that would like to address this item? Seeing none, we're going to close the public hearing. Is there any discussion from the Commissioners regarding this? Vice Chair Gort: Move it. Chair Hardemon: Okay, it's been properly moved by Mr. -- Commissioner Gort. Board Member Carollo: Second. Chair Hardemon: It is a second by Commissioner Carollo. At this point, if there is no unreadiness, we move to a vote. All in favor, say "aye." The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. CRA RESOLUTION A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED $80,000, TO NEW WASHINGTON HEIGHTS COMMUNITY DEVELOPMENT CONFERENCE, INC., TO UNDERWRITE COSTS ASSOCIATED WITH THE CONTINUED OPERATION "FOLKLIFE FRIDAYS," A MONTHLY OPEN-AIR MARKET TO BE HELD ON THE 9TH STREET PEDESTRIAN MALL DURING THE 2014 CALENDAR YEAR; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; ALLOCATING FUNDS FROM SEOPW, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. File # 14-00140 Cover Memo.pdf File # 14-00140 Financial Form.pdf File # 14-00140 Backup.pdf File # 14-00140 Legislation.pdf Motion by Vice -Chair Gort, seconded by Board Member Carollo, that this matter be ADOPTED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort, Commissioner Sarnoff and Commissioner Carollo Absent: Commissioner Suarez CRA-R-14-0017 Chair Hardemon: Moving on now to item number 9. City of Miami Page 21 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Commissioners, item number 9 is a resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency authorizing the issuance of a grant in an amount not to exceed $80, 000 to New Washington Heights Community Development Conference, Inc. to underwrite costs associated with the continued operation of Folklife Fridays, a monthly open-air market to be held on the 9th Street Pedestrian Mall during the 2014 calendar year. This is the continuation of Folklife Friday with Ms. Jackie Bell and New Washington Heights, which we would like to see continue. Chair Hardemon: Is there anyone here from the public that'd like to address this item? Ms. Bell, you're recognized. Jackie Bell: I just want to say that this is an economic vestibule, and the dollars of returned economics for the small businesses in that community have been vibrant for them, and I thank you for continuing this project, and hopefully, soon, we won't be here asking; it'll be self-sustaining when the redevelopment happens, and thank you. Chair Hardemon: Thank you very much. If there are no comments from the Commissioners, I would like to say that I look forward to what Folklife Fridays will be actually able to bring. Now that we've opened up the Lyric Theater, which sits next to the mall where this festival will happen is we have an opportunity to not only just provide them resources, but to bring about the services that are delivered at the Lyric Theater and couple them with what's happening on the mall, so now we will have this one giant experience within Overtown. I'm excited about that. Additionally, the CRA (Community Redevelopment Agency) has put forth human resources available to Washington Heights so that we can have the best Folklife Fridays that we've had in many, many years, and we look forward to continuing that. So is there a motion? Vice Chair Gort: In making the motion I'd like to say we seen the -- we have experienced in many of our neighborhoods how events have created economic development and it gives an opportunity to people to visit the different neighborhoods and see the many things that we have. Chair Hardemon: So it's been properly moved by Commissioner Gort; is there a second? Board Member Carollo: Second. Chair Hardemon: Seconded by Commissioner Carollo. Is there any unreadiness, any other discussion? Seeing none, all in favor, indicate it by saying "aye." The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. Ms. Bell: Once again, I thank you and I know most of you are tired of looking at me. It's forty-five years that I've been sitting in that number one seat, so soon, I'll go away. Chair Hardemon: No, you won't. Vice Chair Gort: No, you won't. Chair Hardemon: Thank you very much. Vice Chair Gort: Be here for a while. 10. CRA RESOLUTION 14-00145 City of Miami Page 22 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 11. 13-01218 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, WITH ATTACHMENT(S), AUTHORIZING EXECUTION OF A COMMERCIAL LEASE AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH TWO GUYS RESTAURANT, INC. ("TWO GUYS"), AS THE SOLE PROPOSER IN RESPONSE TO RFP NO. 13-007, FOR THE LEASE OF COMMERCIAL SPACE AT THE OVERTOWN SHOPPING CENTER, 1490 NW 3RDAVENUE, UNIT 108, MIAMI, FLORIDA; FURTHER AUTHORIZING THE ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED $150,000, TO TWO GUYS TO UNDERWRITE COSTS ASSOCIATED WITH TENANT IMPROVEMENTS TO THE UNIT PROPOSED TO BE LEASED; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; ALLOCATING FUNDS FROM SEOPW, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. File # 14-00145 Cover Memo.pdf File # 14-00145 Financial Form.pdf File # 14-00145 Backup.pdf File # 14-00145 Legislation.pdf File # 14-00145 Exhibit.pdf Motion by Board Member Sarnoff, seconded by Vice -Chair Gort, that this matter be CONTINUED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Sarnoff Absent: Commissioner Carollo and Commissioner Suarez Note for the Record: See Order of the Day for discussion on Iteni #10. CRA RESOLUTION A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED $150,000, TO THE VILLAS OF ST. AGNES CONDOMINIUM ASSOCIATION, INC. ("ST. AGNES") TO UNDERWRITE COSTS ASSOCIATED WITH THE INSTALLATION OF PERIMETER FENCING SURROUNDING THE ST. AGNES DEVELOPMENT, PROVIDED THAT ST. AGNES INSTALLS LANDSCAPING ALONG SAID PERIMETER FENCING; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; ALLOCATING FUNDS FROM SEOPW, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. City of Miami Page 23 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 File # 13-01218 Cover Memo.pdf File # 13-01218 Financial Form.pdf File # 13-01218 Legislation.pdf File # 13-01218 Backup.pdf File # 13-01218 Legislation.pdf Motion by Board Member Carollo, seconded by Vice -Chair Gort, that this matter be ADOPTED WITH MODIFICATIONS PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort, Commissioner Sarnoff and Commissioner Carollo Absent: Commissioner Suarez CRA-R-14-001 8 Chair Hardemon: Moving on to item number 11. Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Yes, Commissioners. Item number 11 is a resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency authorizing issuance of a grant in an amount not to exceed $150, 000 to The Villas of St. Agnes -- no, wait a minute, I'm sorry; should be item number 10. I'm sorry, we should be at item number 10. Chair Hardemon: No, item number 10 was continued. We haven't had a motion to address that yet so right now -- Mr. Woods: Actual -- Chair Hardemon: -- I would like to -- Mr. Woods: Okay. Chair Hardemon: -- look at item number 11. Mr. Woods: Okay, all right, so I'll finish that -- to the Villas of St. Agnes Condominium Association, Inc., to underwrite costs associated with the installation of perimeter fencing surrounding St. Agnes Development; authorizing the executive director to disburse funds at his discretion on a reimbursement basis or directly to vendors upon presentation of invoices and satisfactory documentation; further authorizing the executive director to execute all documents necessary for said purpose. Commissioners, this is -- as we just read -- a grant to the Villages [sic] of St. Agnes, which is one of the newer single-family residences within the Overtown area, and you have taxpayers, homeowners that have experienced some of the not so pleasant issues that we're trying to tackle as the CRA. We believe, just as there are in other little communities within Overtown that this fencing will help to kind of alleviate some of those unpleasant and unsightly experiences, but what we would ask is that in putting up the fence that they would be responsible for providing some sort of vegetation, some sort of a hedge that would also help to beautJ the area, as well. Chair Hardemon: Is that a part of your agreement? Mr. Woods: Recommendation; it's a part of my recommendation. Chair Hardemon: But you're not -- are you recommending that within this legislation, or is this something that you're doing when you actually address the item with them? Mr. Woods: Well, I'm addressing it with them, but I want to also put it on the record that we will expect for them to provide some beautification that's with landscaping, hedging to accompany the fence; that if you guys so choose to approve. City of Miami Page 24 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 12. 13-01214 Chair Hardemon: Is there any other discussion; is there a motion? Board Member Carollo: So move. Vice Chair Gort: Second with the amendments. Chair Hardemon: It's been properly moved and seconded to modi -- well, to accept this resolution with amendments. Is there any further discussion at this point? I would like to only say on the record, since there's no further discussion, that it's nice to have taxpayers in Overtown, and I think we have to do what we need to do to support the beautification of Overtown. This project, in and of itself, has created an opportunity to reduce slum and blight, and so now, when we start to mirror this community, that neighborhood with other neighborhoods, I think that it's a recipe for success within Overtown. I would like to ask, did you ever find out whether or not the streets within -- Mr. Woods: Yes, I did. Chair Hardemon: -- are private or public? Mr. Woods: They are private property. Chair Hardemon: Okay, so the streets within are private. So with that being said, all in favor indicate so by saying "aye." The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. CRA RESOLUTION A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED $220,000, TO HUMAN RESOURCES STAFFING OF MIAMI, INC. TO UNDERWRITE COSTS ASSOCIATED WITH THE CONTINUED OPERATION OF THE OVERTOWN BEAUTIFICATION TEAM FOR THE NEXT YEAR; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; ALLOCATING FUNDS FROM SEOPW, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. File # 13-01214 Cover Memo.pdf File # 13-01214 Financial Form.pdf File # 13-01214 Backup.pdf File # 13-01214 Legislation.pdf Motion by Board Member Sarnoff, seconded by Vice -Chair Gort, that this matter be ADOPTED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Sarnoff Absent: Commissioner Carollo and Commissioner Suarez City of Miami Page 25 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 CRA-R-14-0011 Chair Hardemon: Are there any other items that you'd like to take out of turn? Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Just item number 12, which is the Overtown Beautification Team item. Chair Hardemon: Can you read into the record what this item is? Mr. Woods: Yes, sir. Item number 12 is a resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency authorizing issuance of a grant in an amount not to exceed $220,000 to Human Resource Staffing of Miami, Inc., to underwrite costs associated with the continued operation of the Overtown Beautification Team for the next year; authorizing the executive director to disburse funds at his discretion on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation. Chair Hardemon: Is there anyone from the community that'd like to discuss this item? Seeing that there is -- Mr. Muhammad. Grady Muhammad: Good evening, Mr. Chairman, Commissioners. Grady Muhammad, president of Miami -Dade, CEO (Chief Executive Officer). I think it's a great item, andl think what we have to do is look at the way we can be able to use these resources to ensure these people be gainfully employed on a full-time basis, making a living wage, because if we can do that -- because we have a great program, partnership with the police, and we spent over some years 3 million to be able to hire off -duty City of Miami police, and they do a great job. It's a great program, it's a partnership, and we need -- just like Mr. U.S. (United States) Attorney, Mr. Willy Alfredo -- Ferreira [sic], -- who was at Dunbar School at -- Elementary -- that I grew up in, went to here as well as a born, reared and raised towner for life -- but we have to ensure these people and these residents, and with -- however, the power of the property management also one of the graduates and business creators from the CRA (Community Redevelopment Agency), so we -- those skills that they give, we could be able to work with us and have a synergy and a partnership to be able to likewise work where they can -- after their six months is over with the CRA, we can look at working to hire them full time and continue to work to cut those lots and everything, and they can be again gainfully employed. Thank you. Chair Hardemon: Is there anyone else? Please move forward, ma'am. You have two minutes. Marcia Carty: Hi, good afternoon. My name is Marcia Carty. I'm the executive director for Human Resources. We have been operating the Blue Shirts, as we are called. We are very pleased. We've had a very huge effect in the community in that we have helped, and last year alone, about 48, 50 different individuals, between the training, and the work that they did but we made changes for this year back to the original plan where they are now working more than four hours. The new operation will consist of about six hours a day. They will earn more money, which will allow them to impact their immediate community in a more positive way. They will still keep up with the training. We are giving them life skill training, and landscaping, and also anti -litter, and we've had very good results in that many of the workers have come back and they are currently working with the City and with other organizations, so we're really, really grateful to CRA and all of the leaders that have allowed this pilot program to operate -- this will be the third year -- because it has impacted positively most of the people that have gone through the program. Additionally, when the ad is put out that we're going to take workers in, we normally see -- we interview anywhere from 135 to 150 people, and even though they are not all retained, we still counsel all of them, and send them either to Transition or South Florida Workforce. So we partnership with two other agencies, minimally, in assisting these individuals from Overtown, and so mainly, we're just saying thank you. I don't think there's any more for me to say. Miss -- I'm the executive director, but the hands-on real person is Ms. Omoaka; she's the one that really City of Miami Page 26 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 13. 14-00146 operates. Chair Hardemon: Thank you so much. Yes, sir. Willie Williams: Yes. This is -- my name is Pastor Willie L. Williams. I am the president of the Overtown Business Association, as well as a business owner and a resident; 1133 Northwest 3rd Avenue. I am very, very delighted to see that the program, the Blue Shirts is corning back, because they made a great difference, you know, in this community, and I'm telling you, I, as a business owner, I really miss the program, and I'm very glad that you're bringing it back, so -- 'cause I thought it was a very, very, very good program, and it's working on the behalf of the community. So again, I say thank you all for bringing it back. Chair Hardemon: Seeing no other persons here for public comment, I close at this time. Is there a motion to entertain; is there a motion to approve? Commissioner Sarnoff.. So move. Vice Chair Gort: Second. Chair Hardemon: It's been properly -- Vice Chair Gort: Question. Chair Hardemon: -- moved and seconded to approve this item. If there is any discussion, let's have it now. Vice Chair Gort: I'd like to get a feedback how many people you were able to place in permanent jobs that goes through your program? Not now; whenever you have a chance, could you send us that information? I'd appreciate it. Ms. Carty: Oh, sure. Vice Chair Gort: Thank you. Chair Hardemon: Is there any other unreadiness; any other discussion? Seeing none, all in favor of this motion, indicate so by saying "aye." The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. CRA RESOLUTION A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, WITH ATTACHMENT(S), AUTHORIZING EXECUTION OF A COMMERCIAL LEASE AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH VSMD FOOD CORP., AS THE SOLE PROPOSER IN RESPONSE TO RFP NO. 13-007, FOR UNIT 101 AT THE OVERTOWN SHOPPING CENTER, 1490 NW 3RDAVENUE, MIAMI, FLORIDA; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL OTHER DOCUMENTS NECESSARY FOR SAID PURPOSE. City of Miami Page 27 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 14. 14-00141 15. 14-00144 File # 14-00146 Cover Memo.pdf File # 14-00146 Financial Form.pdf File # 14-00146 Backup.pdf File # 14-00146 Legislation.pdf File # 14-00146 Exhibit.pdf Motion by Board Member Sarnoff, seconded by Vice -Chair Gort, that this matter be CONTINUED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Samoff Absent: Commissioner Carollo and Commissioner Suarez CRA RESOLUTION A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") DIRECTING THE EXECUTIVE DIRECTOR TO ATTEMPT TO NEGOTIATE A DEVELOPMENT AGREEMENT WITH OVERTOWN GATEWAY PARTNERS, LLC ("OVERTOWN GATEWAY"), AS THE HIGHEST RANKED PROPOSER FOR THE DEVELOPMENT OF BLOCK 55; AUTHORIZING THAT, IN THE EVENTA DEVELOPMENT AGREEMENT IS UNABLE TO BE NEGOTIATED WITH OVERTOWN GATEWAY, THE EXECUTIVE DIRECTOR IS AUTHORIZED TO ATTEMPT TO NEGOTIATE A DEVELOPMENT AGREEMENT WITH BDB MIAMI, LLC, AS THE SECOND HIGHEST RANKED PROPOSER FOR THE DEVELOPMENT OF BLOCK 55; FURTHER DIRECTING THE EXECUTIVE DIRECTOR TO PRESENT ANY PROPOSED DEVELOPMENT AGREEMENT TO THE BOARD FOR ITS CONSIDERATION AND, IF SATISFACTORY, APPROVAL AND AWARD; CLARIFYING THAT THIS RESOLUTION IS NOT INTENDED TO BE AN AWARD OF DEVELOPMENT RIGHTS OR TO OTHERWISE CREATE ANY RIGHTS WHATSOEVER IN ANY PROPOSER REFERENCED HEREIN. File # 14-00141 Cover Memo.pdf File # 14-00141 Backup.pdf File # 14-00141 Legislation.pdf Motion by Board Member Sarnoff, seconded by Vice -Chair Gort, that this matter be CONTINUED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Sarnoff Absent: Commissioner Carollo and Commissioner Suarez CRA RESOLUTION RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTIVE DIRECTOR TO ENTER INTO SECOND AMENDMENTS TO: (i) THE GRANT AGREEMENT WITH TOWN PARK PLAZA SOUTH, INC. WITH RESPECT TO THE TOWN PARK PLAZA SOUTH COOPERATIVE APARTMENT PROJECT; (ii) THE GRANT AGREEMENT WITH TOWN PARK VILLAGE NO. 1, INC. WITH RESPECT TO THE TOWN PARK VILLAGE COOPERATIVE APARTMENT PROJECT; (iii) THE DEVELOPMENT AGREEMENT WITH ISLAND LIVING APARTMENTS, LTD. WITH RESPECT TO THE ISLAND LIVING APARTMENTS; (iv) THE City of Miami Page 28 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 DEVELOPMENT AGREEMENT WITH LYRIC HOUSING, LTD. WITH RESPECT TO THE PLAZA AT THE LYRIC; (iv) THE DEVELOPMENT AGREEMENT WITH ST JOHN PLAZAAPARTMENTS, LLC WITH RESPECT TO THE ST JOHN PLAZAAPARTMENTS; AND (vi) THE DEVELOPMENT AGREEMENT WITH AMC HTG I, LTD. WITH RESPECT TO THE ALONZO MOURNING PROJECT, TO EXTEND THE TIME CONTINGENCY FOR THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY TO OBTAIN BOND FINANCING ON TERMS ACCEPTABLE TO THE BOARD OF COMMISSIONERS FROM FEBRUARY, 2014 TO DECEMBER 31, 2014. File # 14-00144 Cover Memo.pdf File # 14-00144 Legislation.pdf Motion by Vice -Chair Gort, seconded by Board Member Sarnoff, that this matter be ADOPTED PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort and Commissioner Sarnoff Absent: Commissioner Carollo and Commissioner Suarez CRA-R-1 4-0009 Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Commissioner, ifI might, understanding that we have a short track and that we'll lose quorum in a few minutes, I'd like to see if we can take some of the items out of order if possible. Chair Hardemon: I'm willing to take some items out of order if there's no objection. Vice Chair Gort: No objection. Chair Hardemon: Seeing no objections, what items would you like to take out of order? Mr. Woods: I'd like to start with item number 15. Chair Hardemon: All right, you can go ahead. Mr. Woods: Commissioners, item number 15 is a resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency authorizing the executive director to enter into second amendments to the grant agreements with Town Park Plaza South, with respect to Town Park Plaza South Cooperative Apartment Project; the grant agreement with Town Park Village Number 1, with respect to Town Park Village Cooperative Apartment Project; the development agreement with Island Living Apartments, Ltd., with respect to the Island Living Apartments; development agreement with Lyric Housing, Ltd, with respect to the Plaza at Lyric; development agreement with St. John Plaza Apartments, with respect to the St. John Plaza Apartments; and development agreement with AMC HTG, with respect to the Alonzo Mourning Project, to extend the time contingency for the Southeast Overtown/Park West Community Redevelopment Agency to obtain bond financing on terms acceptable to the Board of Commissioners from February 2014 to December 31, 2014. Chair Hardemon: And why is it that you need to -- well, before we go into that -- Vice Chair Gort: Move it. Board Member Sarnoff. Second. Chair Hardemon: It's been properly moved and seconded that we approve agenda item number 15. Is there anyone here from the audience that'd like to address it? Seeing none, is there any City of Miami Page 29 Printed on 4/7/2014 SEOPW Community Redevelopment Agency Meeting Minutes February 24, 2014 discussion? All in favor, say "aye." The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. Unidentified Speaker: Thank you, sir. The meeting adjourned on Thursday, February 27, 2014, at 12: 45 p.m. City of Miami Page 30 Printed on 4/7/2014