HomeMy WebLinkAboutCRA-R-06-0010 Cover MemoSOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
Chairman Johnny L. Winton
and Members of the CRA Board
SEOPW & Omni Board of Directors Meeting
February 23, 2006
Item # 8
Date: February 17, 2006 06-00208
Subject: Ratification / Appropriation for Legal
Services for Biock 36 Negotiations
rank K. Rollason References:
Executive Director
Enclosures: Supporting Documentation;
Legislation
RECOMMENDATION:
It is recommended that the Board of Directors of the Southeast Overtown/Park West Community
Redevelopment Agency (SEOPW CRA) approve and adopt the attached Resolution ratifying the actions of the
Executive Director in authorizing the payment to Holland & Knight for Special Counsel Legal Services in
connection with on -going negotiations with Brickell Ventures concerning the Block 36 development project in the
amount of $44,340,50; and further appropriating an additional amount not to exceed $50,000.00 for continued
Special Counsel Legal Services from Holland and Knight associated with this project for a total amount of
$94,340.50.
JUSTIFICATION:
The firm of Holland and Knight was engaged to assist CRA General Counsel in the negotiations approved by
the SEOPW CRA Board on February 28, 2005, with Brickell Ventures for the development of Biock 36. Invoices
accumulated through 2005 in the amount of $44,340.50 and were authorized to be paid before the end of 2005
by the Executive Director. Negotiations continue on this project in pursuing the development of an agreement
acceptable to the Executive Director and the City of Miami to submit to the Board for consideration. It is
anticipated that additional legal services fees by outside special counsel will be incurred to this end, in an
amount not to exceed $50,000.00.
FUNDING: $94,340.50 from SEOPW TIF Account No. 689001.550108.6.250 entitled Professional Services -
Legal.
FKR/eh