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HomeMy WebLinkAboutCRA-R-14-0006City of Miami Legislation CRA Resolution: CRA-R-14-0006 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00037 Final Action Date:1/27/2014 A RESOLUTION, WITH ATTACHMENT(S), OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY (THE "CRA") AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A DEVELOPMENT AGREEMENT WITH ALL ABOARD FLORIDA NW SIXTH STREET, LLC, (THE "DEVELOPER") IN SUBSTANTIALLY THE ATTACHED FORM, FOR THE DEVELOPMENT OF BLOCK 56 (THE "DEVELOPMENT AGREEMENT"); AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS REQUIRED TO IMPLEMENT THE DEVELOPMENT AGREEMENT IN FORM AND CONTENT ACCEPTABLE TO THE EXECUTIVE DIRECTOR. 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 the 2009 Southeast Overtown/Park West Redevelopment Plan (the "Plan"); and WHEREAS, Section 2, Goal 3/Principles 2 and 3, at pages 12 and 14, of the Plan lists creating infill housing, and developing a variety of housing options as stated redevelopment goals; and WHEREAS, Section 2, Goal 3/Principle 4, at pages 12 and 14, of the Plan also includes the creation of jobs within the community as a stated redevelopment goal; and WHEREAS, on May 9, 2013, the City of Miami (the "City"), Miami -Dade County ("County") and the CRA entered into a settlement agreement related to litigation involving the County's reversion interest in Blocks 36, 45, and 56 ("Settlement Agreement"); and WHEREAS, pursuant to the Settlement Agreement, the CRA issued Request for Proposals No. 13-002 for the development of Blocks 45 and 56; and WHEREAS, on September 12, 2013, the Board of Commissioners, by Resolution No. CRA-R-13-0054, approved All Aboard Florida Stations LLC or its affiliate (the "Developer") for the development of Block 56, NORTH, CITY OF MIAMI, PB "B" at 41 ("Block 56") and directed the Executive Director to attempt to negotiate a development agreement with the Developer, provided the Developer was approved by the County; and WHEREAS, the Board of County Commissioners, by Resolution No. R-860-13, approved the Developer, and certain variances requested by the Developer and the CRA regarding the development of Block 56; and WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to execute a development agreement with All Aboard Florida NW Sixth Street, LLC, an affiliate of City of Miami Page 1 of 2 File Id: 14-00037 (Version: 1) Printed On: 10/19/2022 File Number: 14-00037 Enactment Number: CRA-R-14-0006 Developer, in substantially the form attached for the development of Block 56 (the "Development Agreement"); and WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to execute any and all documents required to implement the Development Agreement in form and content acceptable to the Executive Director; and WHEREAS, the Board of Commissioners finds that this Resolutions furthers the CRA's redevelopment goals and objectives set forth in the Plan; 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 Board of Commissioners hereby authorizes the Executive Director to executive a development agreement with All Aboard Florida NW Sixth Street, LLC, for the development of Block 56 in substantially the attached form (the "Development Agreement"). Section 3. The Board of Commissioners hereby authorizes the Executive Director to execute any and all documents required to implement the Development Agreement in form and content acceptable to the Executive Director. Section 4. This Resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 14-00037 (Version: 1) Printed On: 10/19/2022