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HomeMy WebLinkAboutCRA-R-13-0021 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 13-00347 Final Action Date: RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWNIPARK WEST COMMUNITY REDEVELOPMENT AGENT AUTHORIZING THE EXECUTIVE DIRECTOR TO (i) ENTER INTO A SETTLEMENT AGREEMENT WITH THE CITY OF MIAMI AND MIAMI-DADE COUNTY, FLORIDA (THE "SETTLEMENT AGREEMENT") TO SETTLE THE PENDING LITIGATION STYLED CITY OF MIAMI, ET AL., PLAINTIFFS VS. MIAMI-DADE COUNTY, DEFENDANT, CASE NO. 07-46851 CA31, PENDING IN THE CIRCUIT COURT OF THE ELEVENTH JUDICIAL CIRCUIT IN AND FOR MIAMI-DADE COUNTY, FLORIDA (THE "PENDING LITIGATION"); AND (ii) EXECUTE ANY AND ALL DOCUMENTS REQUIRED TO IMPLEMENT THE SETTLEMENT AGREEMENT INCLUDING, WITHOUT LIMITATION, DISMISSAL OF THE PENDING LITIGATION, THE EXECUTION OF THE DECLARATION AND THE BLOCK 36 DECLARATION AS SAID TERMS ARE DEFINED IN THE SETTLEMENT AGREEMENT AND EXCHANGING RELEASES WITH MIAMI-DADE COUNTY, FLORIDA. WHEREAS, Miami -Dade County, Florida (the "County") claimed that title to Block 45 and Block 56, NORTH, CITY OF MIAMI, according to the Plat thereof recorded in Plat Book "B", at Page 41, of the Public Records of Miami -Dade County, Florida, and portions of Block 36, P.W. WHITE'S RESUBDIVISION, according to the Plat thereof, recorded in Plat Book "B", at Page 34 of the Public Records of Miami -Dade County, Florida (collectively, the "Property") reverted from the Southeast Overtown/Park West Community Redevelopment Agency (the "CRA") to the County as a result of the failure of the CRA to cause the Property to be developed within the timeframe contained in the deed originally conveying title to the Property from the County to the City of Miami (the "City"); and WHEREAS, the County filed suit against the City and the CRA styled Miami -Dade County, Plaintiff vs. City of Miami and Southeast Overtown/Park West Community Redevelopment Agency, as Defendants, Case No. 01-13810 CA08, filed in the Eleventh Judicial Circuit in and for Miami -Dade County, Florida seeking to enforce its rights that title to the Property had reverted to the County (the "County Litigation"); and WHEREAS, the City and the CRA contested that the title to the Property has reverted to the County and claimed that the County wrongfully recorded deeds conveying the Property to the County which had been deposited into escrow with the County, which claims were raised in that action styled City of Miami, et al., vs. Miami -Dade County, Case No. 07-46851 CA31 filed in the Eleventh Judicial Circuit in and for Miami -Dade County, Florida (the "Pending Litigation"); and WHEREAS, the City, the County and the CRA desire to resolve the Pending Litigation in a matter which will result in the Property being vested in the CRA subject to the Property being developed in a timely manner; and WHEREAS, it is in the best interest of the CRA to settle the Pending Litigation and obtain title City of Miami Page 1 of 2 File 1d: 13-00347 (Version: 11 Printed On: 3/15/2013 File Number: 13-00347 to the Property to enable the CRA to cause developers to develop the Property. 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 hereby incorporated by reference and made a part hereof. Section 2. The Board of Commissioners hereby authorizes the Executive Director to execute the Settlement Agreement with the City of Miami and Miami -Dade County, substantially in the form of Exhibit "A" attached hereto and made a part hereof. Section 3. The Board of Commissioners hereby authorizes the Executive Director to execute any and all documents required to implement the Settlement Agreement, including without limitation, the execution of the CRA Release, the Declaration and the Block 36 Declaration, as said terms are defined in the Settlement Agreement, and take any and all actions required to implement the terms of the Settlement Agreement. Section 4. This resolution shall be effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: William R. Bloom, Special Counsel City of Miami Page 2 of 2 File Id: 13-00347 (Version: 1) Printed On: 3/15/2013