HomeMy WebLinkAboutCRA-R-12-0055City of Miami
Legislation
CRA Resolution: CRA-R-12-0055
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00822 Final Action Date: 7/30/2012
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, WITH
ATTACHMENT(S), AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A
DEVELOPMENT AGREEMENT, IN SUBSTANTIALLY THE FORM ATTACHED, WITH
ST. JOHN COMMUNITY DEVELOPMENT CORPORATION, INC., A FLORIDA
COMPANY, FOR THE DEVELOPMENT OF A MIXED -USE DEVELOPMENT, ON
NORTHWEST 3RD AVENUE AND 13TH STREET, MIAMI, FLORIDA, CONSISTING
OF BETWEEN 90 AND 120 AFFORDABLE RENTAL UNITS WITH GROUND
FLOOR COMMERCIAL SPACE OF APPROXIMATELY 15,000 SQUARE FEET,
WHICH DEVELOPMENT AGREEMENT INCLUDES THE MAKING OF A GRANT IN
AN AMOUNT NOT TO EXCEED $10,000,000.00 FOR THE RESIDENTIAL PORTION
OF THE PROJECT; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE
THE GRANT, AT HIS DISCRETION, IN ACCORDANCE WITH THE TERMS OF THE
DEVELOPMENT AGREEMENT; FURTHER AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE AND AMEND ALL DOCUMENTS NECESSARY FOR SAID
PURPOSE, IN FORM ACCEPTABLE TO THE SPECIAL COUNSEL.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA")
is responsible for carrying out community redevelopment activities and projects within its
Redevelopment Area in accordance with its approved Redevelopment Plan; and
WHEREAS, Section 2, Goal 3/Principles 2 and 3, at pages 12 and 14, of the 2009 Amended
and Restated Southeast Overtown/Park West Redevelopment Plan, lists "[c]reating infill housing,"
and "variety in housing options," as stated redevelopment goals; and
WHEREAS, Section 2, Goal 4/Principle 4, at pages 12 and 14, of the 2009 Amended and
Restated Southeast Overtown/Park West Redevelopment Plan, lists "[c]reating jobs within the
Community," as stated redevelopment goals; and
WHEREAS, on April 2, 2012, the CRA issued a Request for Information No. 12-04 ("RFI"); and
WHEREAS, St. John Community Development Corporation, Inc. submitted their proposed
project on April 17th, 2012; and
WHEREAS, the CRA staff evaluated the responses and St. John Community Development
Corporation, Inc. was selected by the CRA staff; and
WHEREAS, the proposal submitted by St. John Community Development Corporation, Inc.,
consisted of affordable rental units and commercial/retail space; and
WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to enter into
the development agreement, in substantially the attached form (the "Development Agreement"), with
City of Miami Page 1 of 2 File Id: 12-00822 (Version: 1) Printed On: 11/1/2022
File Number: 12-00822 Enactment Number: CRA-R-12-0055
St. John Community Development Corporation, Inc., a Florida company, for the development of a
mixed -use development, on Northwest 3rd Avenue and 13th Street, Miami, Florida, consisting of
between 90 and 120 affordable rental units with ground floor commercial space of approximately
15,000 square feet, which development agreement includes the making of a grant in an amount not
to exceed $10,000,000.00 for the residential portion of the Project; authorizing the Executive Director
to disburse the grant, at his discretion, in accordance with the terms of the Development Agreement;
further authorizing the Executive Director to execute and amend all documents necessary for said
purpose, in form acceptable to the special counsel.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY:
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 Executive Director is hereby authorized to execute the Development
Agreement, in substantially the attached form, with St. John Community Development Corporation,
Inc., a Florida company, for the development of a mixed -use development, on Northwest 3rd Avenue
and 13th Street, Miami, Florida, consisting of between 90 and 120 affordable rental units with ground
floor commercial space of approximately 15,000 square feet, which development agreement includes
the making of a grant in an amount not to exceed $10,000,000.00 for the residential portion of the
Project.
Section 3. The Executive Director is authorized to execute and amend all documents
necessary for said purpose, in a form acceptable to Special Counsel.
Section 4. This resolution is subject to availability of funds.
Section 5. This resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 12-00822 (Version: 1) Printed On: 11/1/2022