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HomeMy WebLinkAboutCRA-R-13-0036 Cover MemoOmni Board of Commissioners Meeting June 13`h, 2013 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM Board Chair Marc D. Sarnoff and Members of the CRA Board rc,U r Pieter A. Bockweg Executive Director BACKGROUND: Date: May 29th, 2013 Subjeci OMNI CRA is entering into a Triple Net Lease with 1401 Group, LLC; for the use of approx. 5400 sq. ft. of the FH 2, first floor, for a Restaurant facility. References: Enclosures. Supporting Documentation; Legislation It is recommended that the Board of Commissioners of the OMNI Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the Executive Director to execute a Lease, in substantially the attached form, with 1401 Group LLC for the use of approximately 5,400 square feet of the Firehouse #2, first floor, (OMNI CRA Office Building), located at 1401 N. Miami Avenue, Miami, Fl. 33136. The Lease is for a Restaurant facility and runs until September 30th, 2030, with other terms as set forth in the Lease Agreement. JUSTIFICATION: Section 4, Goal D/ Principles A-2, C-4 and C-5, at page 42, of the 2009 OMNI CRA Redevelopment Plan, lists "[eliminate conditions which contribute to slum & blight], "encourage the restoration of historic buildings and [enhance the area's visual attractiveness to businesses and residents], by creating opportunities for new development through improvements to the public realm. FUNDING: Allocating funds from OMNI Tax Increment Fund, "other contractual services," Account Code No. 10040.920501.534000.0000.00000.