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HomeMy WebLinkAboutSEOPW CRA 2014-07-30 Supplemental MinutesCity of Miami City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com of • IN Q9▪ IEP 99 i �YD Meeting Minutes Wednesday, July 30, 2014 5:00 PM Supplemental Agenda Camillus House 1603 NW 7th Ave., Building B Miami, FL 33136 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: 819 NW 2nd Avenue, 3rd Floor Miami, FL 33136 Phone: (305) 679-6800, Fax: (305) 679-6835 www.miamicra.com SEOPW Community Redevelopment Agency Meeting Minutes July 30, 2014 RESOLUTIONS 1. 14-00742 Present: Commissioner Sarnoff, Commissioner Suarez, Vice Chair Gort and Chair Hardemon Absent: Commissioner Carollo On the 30th day of July 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: 25 p.m., and was adjourned at 6: 33 p.m. ALSO PRESENT: Clarence Woods, Executive Director, CRA Barnaby L. Min, Deputy General Counsel Todd B. Hannon, Clerk of the Board CRA RESOLUTION A RESOLUTION, WITH ATTACHMENT(S), OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY (THE "CRA") AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AN AMENDMENT TO THE DEVELOPMENT AGREEMENT DATED AS OF OCTOBER 11, 2012 (THE "AMENDMENT"), SUBSTANTIALLY THE ATTACHED FORM, WITH ISLAND LIVING APARTMENTS, LTD (THE "DEVELOPER"). File # 14-00742 Cover Memo.pdf File # 14-00742 Legislation.pdf 14-00742-Exhibit-SUB.pdf Motion by Board Member Suarez, seconded by Board Member Sarnoff, that this matter be ADOPTED WITH MODIFICATIONS PASSED by the following vote. Votes: Ayes: Chair Hardemon, Vice Chair Gort, Commissioner Suarez and Commissioner Sarnoff Absent: Commissioner Carollo CRA-R-14-0055 Chair Hardemon: Moving on to our last item of the day. Clarence Woods (Executive Director, Southeast Overtown/Park West Community Redevelopment Agency): Commissioners, the last item is -- Chair Hardemon: RE.5. Mr. Woods: Yes. It's -- Chair Hardemon: This is part of the supplement to -- Mr. Woods: This is part of the supplement. Chair Hardemon: You have a copy of it? You didn't get a copy of it, Commissioner? Can we please have a copy ofRE.5 provided to Commissioner Sarnoff? Board Member Sarnoff. Commissioner Gort needs it. Chair Hardemon: And Commissioner Gort. City of Miami Page 2 Printed on 8/18/2014 SEOPW Community Redevelopment Agency Meeting Minutes July 30, 2014 Mr. Woods: Commissioners, RE.5 is a resolution, with attachments, of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency authorizing the executive director to execute an amendment to the development agreement dated as of October 11, 2012, "The Amendment, " substantially in the -- in substantially the attached form with Island Living Apartment, Ltd. Basically, what this item is, Commissioner, is the assignment which is provided for in the original development agreement of the award of Island Living Apartments from Carlisle Development Group to Atlantic Pacific. Chair Hardemon: Why are we assigning it away? Mr. Woods: There were issues with the developer, Carlisle, that there were some legal questions as to whether or not they would be able to continue with the transaction, and instead of delaying and waiting for those questions to be answered, they felt it best to go ahead and allow someone to step in their shoes, so as not to delay the development of the project. Chair Hardemon: And has this assignment been done in any other institute besides the City of Miami? Mr. Woods: Yes, it has. It has been done at Miami -Dade County already; it's been thoroughly vetted at Miami -Dade County. Vice Chair Gort: My understanding, this is the second transfer. William Bloom: This is the first transfer of this transaction. The provisions of the development agreement required the CRA (Community Redevelopment Agency) to approve any transfer of control of the, you know, limited liability company for Island Living, and so this transfer fell into that provision requirement approval, so that Carlisle assigned its right to the new entity, subject to Board approval. Board Member Suarez: Move it. Mr. Bloom: And again, it's our understanding that there are other transactions which Carlisle was involved in with the County, all of which have been assigned and approved by the County. Board Member Sarnoff Second Chair Hardemon: And there -- it's been properly moved and there's a second by Commissioner Sarnoff. Mr. Woods: I'd like to sup -- excuse me, Chair. I'd like to give you the supplement of -- well, to substitute this particular amendment. There was a change to the signature block on the other document that you have, so we're substituting this with the correct signature block. Chair Hardemon: Seeing that it's been properly moved and seconded, I'll open up the public hearing. Is there anyone from the public that'd like to discuss this matter? Seeing no persons that want to do that, I close the public hearing. Is there any further unreadiness on behalf of the Commissioners? Seeing that there are no other concerns, this item has been properly moved and seconded with the modifications or substitutions as indicated. All in favor of the item, indicate so by saying "aye." The Board (Collectively): Aye. Chair Hardemon: All against? Motion passes. The meeting adjourned at 6:33 p.m. City of Miami Page 3 Printed on 8/18/2014