HomeMy WebLinkAboutCRA-R-10-0045City of Miami
Legislation
CRA Resolution: CRA-R-10-0045
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 10-00616 Final Action Date: 5/13/2010
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA")
RATIFYING THE CRA'S $3,100,101 BID RESPONSE TO THE MIAMI-DADE
SCHOOL BOARD'S RFB NO. 038-KK10 FOR THE PURCHASE OF THE
PROPERTY AT 29 N.W. 13TH STREET, MIAMI, FLORIDA; AUTHORIZING THE
ISSUANCE OF THE REQUIRED GOOD FAITH DEPOSIT, IN AN AMOUNT NOT
EXCEED $310,010.10, AND EXECUTION OF A DUE DILIGENCE AGREEMENT, IN
THE EVENT THE CRA IS THE SUCCESSFUL BIDDER; AUTHORIZING THE
EXPENDITURE OF FUNDS, IN AN AMOUNT NOT TO EXCEED $50,000, FOR
ENVIRONMENTAL INSPECTIONS OF SAID PROPERTY; AUTHORIZING THE
PURCHASE OF SAID PROPERTY, IN AN AMOUNT NOT TO EXCEED $3,100,101,
PLUS CUSTOMARY CLOSING COSTS, ADJUSTMENTS, AND PRORATIONS;
AUTHORIZING SUCH ADDITIONAL INSPECTIONS AND DUE DILIGENCE
DEEMED NECESSARY; FURTHER AUTHORIZING THE EXECUTION OF ALL
DOCUMENTS NECESSARY FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO
SPECIAL COUNSEL; FUNDS TO BE ALLOCATED FROM OMNI TAX INCREMENT
FUND, "PURCHASE LAND," ACCOUNT CODE NO.
10040.920101.662000.0000.00000.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is
responsible for carrying out community redevelopment activities and projects within the
Redevelopment Area in accordance with its approved Redevelopment Plan; and
WHEREAS, Section 4.4, D., at page 42, of the 2009 Omni Area Redevelopment Plan lists
"[the] eliminat[ion] [of] conditions which contribute to blight," as a stated redevelopment objective; and
WHEREAS, Section 4.4.5, at page 52, of the 2009 Omni Area Redevelopment Plan proposes
the use of School Board owned vacant or unimproved properties for mixed -use parking facilities
which would serve the Media/Entertainment District and the Performing Arts Center; and
WHEREAS, on April 20, 2010, the Miami -Dade County School Board issued a Request for
Bids ("RFB") No. 038-KK10 for the purchase of a three -acre site located within the Omni
Redevelopment Area at 29 N.W. 13th Street, Miami, Florida; and
WHEREAS, the School Board RFB required all bids to be submitted no later than 2:00 p.m. on
May 11, 2010, with the announcement of a successful bidder to occur no later than May 13, 2010;
and
WHEREAS, the successful bidder will be required to deliver a good faith deposit equal to ten
percent of the bid amount proffered and execute a Due Diligence Agreement no later than May 18,
2010; AND
City of Miami Page 1 of 2 File Id: 10-00616 (Version: 1) Printed On: 12/20/2022
File Number: 10-00616 Enactment Number: CRA-R-10-0045
WHEREAS, on May 11, 2010, at the direction of the Omni CRA Board Chair, the CRA
submitted a bid for the purchase of said property, for an amount not to exceed $3,100,101; and
WHEREAS, the Board of Commissioners wishes to purchase said property, for an amount not
to exceed $3,100,101, plus customary closing costs, adjustments, and prorations;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
OMNI REDEVELOPMENT DISTRICT 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.
Section 2. The CRA's bid response to the Miami -Dade School Board's RFB No. 038-KK10 for
the purchase of the property at 29 Northwest Thirteenth Street, Miami, Florida, is ratified.
Section 3. The issuance of the required good faith deposit, in an amount not to exceed
$310,010.10, and the execution of a Due Diligence Agreement, in the event the CRA is the successful
bidder, are authorized.
Section 4. The expenditure of funds, in an amount not to exceed $50,000, for environmental
inspections of said property, is authorized.
Section 5. The purchase of the property located at 29 Northwest Thirteenth Street, Miami,
Florida, for an amount not to exceed $3,100,101, plus customary closing costs, adjustments, and
prorations, is authorized.
Section 6. The performance of inspections and due diligence deemed necessary for purchase
of said property, is authorized.
Section 7. The Executive Director is authorized to execute all documents necessary for said
purpose, in a form acceptable to Special Counsel.
Section 8. Funds to be allocated from Omni Tax Increment Fund, "Purchase Land," Account
Code No. 10040.920101.662000.0000.00000.
Section 9. This resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 10-00616 (Version: 1) Printed On: 12/20/2022