HomeMy WebLinkAboutCRA-R-05-0002 LEGISLATIONCity of Miami
Legislation
CRA Resolution
City Hall
3500 Fan American
Drive
Miami, FL 33133
www.ci.miami.fl.us
File Number: 05-00068
Final Action Date:
A RESOLUTION OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE EXECUTIVE
DIRECTOR TO SEEK PROPOSALS FOR THE DISPOSITION OF THE CRA'S FEE
SIMPLE TITLE TO BLOCKS 45, 46, 55, AND 56 AS REQUIRED IN THE
SETTLEMENT AGREEMENT BETWEEN POINCIANA VILLAGE OF MIAMI, LTD.,
SAWYER'S WALK, LTD., THE CITY OF MIAMI, AND THE CRA.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") Is the owner of
fee simple title to Blocks 45, 46, 55, and 56 as recorded in Plat Book B, Page 41, of the Public Records of
Miami -Dade County, Florida (the "Property"); and
WHEREAS, the CRA's title to the Property is subject to a Lease and Development Agreement for Block 46 (th(
"Poinciana Lease") dated June 15, 1988, as amended, with Poinciana Village of Miami Ltd. ("Poinciana"); and
WHEREAS, the CRA's title to the Property is further subject to the terms of the Settlement Agreement between
Poinciana, Sawyer's Walk, the City of Miami, and the CRA; and
WHEREAS, the Settlement Agreement provides for a Restated Poinciana Lease Agreement to be executed in i
future; and
WHEREAS, Sawyers Walk submitted a proposal to purchase all of the CRA's right, title and interest in the Pro,
and
WHEREAS, the terms of Settlement Agreement require that the CRA advertise the property for disposal
subject to the terms of the Restated Poinciana Lease; and
WHEREAS, the Board of Directors wishes that the Executive Director issue the notice and request for
proposals required by Florida Statutes for the disposal of the property;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference ar
incorporated herein as if fully set forth in this Section.
Section 2. The Executive Director is authorized to seek proposals for the disposition of the CRA's fee simple tit
Blocks 45, 46, 55, and 56 as required in the Settlement Agreement between Poinciana, Sawyer's Walk, Ltd., the C
Miami, and the CRA.
Section 3. This resolution shall be effective immediately upon its adoption.
City ofMianti
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File Number. 05-00068
APPROVED AS TO FORM AND CORRECTNESS:
JORGE L. FERNANDEZ
GENERAL COUNSEL 'TV
C70 of Miami
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