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HomeMy WebLinkAboutCRA-R-13-0072 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL33133 www.miamigov.com File Number: 13-01274 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S); APPROVING THE VARIANCES APPROVED BY MIAMI-DADE COUNTY WITH RESPECT TO THE DEVELOPMENT OF BLOCK 36. WHEREAS, in accordance with the Settlement Agreement between the City of Miami, Miami -Dade County, and the CRA, dated May 9, 2013 (the "Settlement Agreement"), subject to approval by Miami -Dade County, the Board of Commissioners of the CRA approved proposed variances to the Settlement Agreement regarding Block 36; and WHEREAS, Miami -Dade County has approved the variances set forth on Exhibit "A" attached hereto (the "Variances"), subject to the Board of Commissioners of the CRA approving the Variances which Variances are different from the proposed variances previously approved by the CRA; and WHEREAS, the Board of Commissioners of the CRA desire to approve the Variances. 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. Section 2. The Board of Commissioners hereby approves the variance set forth on Exhibit Section 3. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: WILLIAM R. BLOOM, ESQ. SPECIAL COUNSEL City of Miami Page 1 of 1 File Id: 13-01274 (Version: 1) Printed On: 10/21/2013 Mr. Ed Marquez October 15, 2013 Page 3 Exhibit "A" Variances requested from Block 36 Declaration of Restrictions Unless otherwise defined herein, all capitalized terms set forth herein are as defined in that certain Declaration of Restrictions recorded May 15, 2013 in Official Records Book 28631, Page 2277 of the Public Records of Miami -Dade County, Florida (the "Declaration"). The Developer proposes the following variances to the Declaration, which shall be accomplished through an amendment of the Declaration: 1. Extending the Zoning Approval Deadline from May 14, 2014 to November 14, 2014. 2. Extending the Vertical Construction Deadline from May 14, 2015 to November 14, 2015. 3. Elimination of the Parking Component and all references to the Parking Component inthe Block 36 Declaration of Restrictions, 4. The minimum size of the Retail Component shall be increased from 30,000 square feet to 55,000 square feet as a condition of elimination of the Parking Component. 5. Project Payments. In addition to making the Project Payments, the Developer shall pay to the community benefits program to be established within the Southeast Overtown/Park West Community Redevelopment Area (the "Program"), Fifty Thousand and No/100 Dollars ($50,000.00) per year for 10 years to the Program with the first payment commencing on the Closing Date and each anniversary thereof. fI26084503_v1