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HomeMy WebLinkAboutCRA-R-07-0036 legislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov,com File Number: 07-00887 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS FOR THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AN AMENDMENT TO THE SETTLEMENT AGREEMENT IN THE CASE OF MIAMI-DADE COUNTY V. THE CITY OF MIAMI AND SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, CASE NO. 01-13810 CA (08), IN THE CIRCUIT COURT OF THE ELEVENTH JUDICIAL COURT OF FLORIDA, IN AND FOR MIAMI-DADE COUNTY, IN A FORM ACCEPTABLE TO CRA GENERAL COUNSEL, TO EXTEND THE REVERTER DATE FOR BLOCKS 36, 45 AND 56 IN OVERTOWN, AND TO PROVIDE THAT COMMENCEMENT OF CONSTRUCTION OF DEVELOPMENT ON ANY BLOCK SHALL DIVEST THE COUNTY OF ANY REVERSIONARY INTEREST IN THAT BLOCK. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") and Miami -Dade County ("County") entered into a settlement agreement in Miami -Dade County v. the City of Miami and Southeast Overtown/Park West Community Redevelopment Agency, Case No. 01-13810 CA (08), in the Circuit Court of the Eleventh Judicial Court of Florida, in and for Miami -Dade County; and WHEREAS, subject to certain conditions and extensions, the settlement provided for transfer of title to blocks 36, 45 and 56 in Overtown if the City and/or CRA had not "commenced construction of development" on all of the blocks by August 1, 2007: and WHEREAS, the parties to the settlement wish to extend the time for commencement of construction of development on the blocks and to provide that commencement of construction of development on any block shall divest the County of any reversionary interest in that block; and WHEREAS, the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency wishes to authorize the Executive Director to execute an amendment to the settlement agreement for said purpose; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS 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 and incorporated herein as if fully set forth in this Section. City of Miami Page 1 of 2 Printed On: 7/3/2007 File Number: 07-00887 • • • Section 2. The Executive Director is authorized to execute an amendment to the settlement agreement in the case of Miami -Dade County vs. the City of Miami and Southeast Overtown/Park West Community Redevelopment Agency, Case No. 01-13810 CA (08), in the Circuit Court of the Eleventh Judicial Court of Florida, in and for Miami -Dade County, in a form acceptable to CRA General Counsel, to extend the reverter date for blocks 36, 45 and 56 in Overtown, and to provide that commencement of construction of development on any block shall divest the County of any reversionary interest in that block. Section 3. This Resolution shall become effective immediately upon its adoption. APPR AS TO FORM AND CORRECTNESS: JORC ANDEZ GENERAL COUNSEL City of Miami Page 2 of 2 Printed On: 713/2007