HomeMy WebLinkAboutCRA-R-14-0007 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.mlamlgov.cam
File Number: 14-00638 Final Attlee Data:
A RESOLUTION, WITH ATTACHMENT(S), OF THE BOARD OF COMMISSIONERS
OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AGENCY (THE "CRA") SELECTING SAWYERS WALK, LTD., AND POINCIANA
VILLAGE OF MIAMI, LTD. (COLLECTIVELY REFERRED TO AS THE
"DEVELOPER) AS THE SOLE PROPOSER IN RESPONSE TO A REQUEST FOR
PROPOSALS ISSUED BY THE CRA FOR THE DEVELOPMENT OF A PORTION OF
BLOCK 46; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A
DEVELOPMENT AGREEMENT, IN SUBSTANTIALLY THEATTACHED FORM, WITH
THE DEVELOPER (THE "DEVELOPMENT AGREEMENT'); AUTHORIZING THE
EXECUTIVE DIRECTOR TO EXECUTE SUCH OTHER DOCUMENTS REQUIRED
TO IMPLEMENT THE DEVELOPMENT AGREEMENT IN FORM AND CONTENT
ACCEPTABLE TO THE EXECUTIVE DIRECTOR AND ALLOCATING $2,000,000.00
FROM SEOPW TAX INCREMENT FUND ENTITLED, OTHER GRANTS AND AIDS,"
ACCOUNT CODE NO. 10050.920101.883000,0000.00000.
WHEREAS, the Southeast OvertownlPark 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 OvertownIPark 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
Inflll housing, and developing a variety of housing options as stated redevelopment goals; and
WHEREAS, Section 2, Goal 3/Principle 4, at pages 1.2 and 14, of the Plan also includes the
creation of jobs within the community as a stated redevelopment goal; and
WHEREAS, on June 27, 2013, the CRA issued Request for Proposal No, 13-004 for the
development of a portion of Block 48, NORTH ,CITY OF MIAMI, PB "B" at Page 41 (Folio
01-0104-060-1010)(Y'Block 46"); and
WHEREAS, the .only proposal was submitted by Sawyer's Walk, Ltd. and Poinciana Village of
Miami, Ltd. (collectively referred to as the "Developer"); and
WHEREAS, the Executive Director of the CRA was successful in negotiating a development
agreement with Developer in the form (the "Development Agreement"); and
WHEREAS, the Board of Commissioners wishes to select the Developer for the development
of Block 46, and further wishes to authorize the Executive Director to enter into the Development
Agreement in substantially the form attached; and
WHEREAS, the Board of Commissioners finds that thls Resolutions furthers the CRA's
redevelopment goals and objectives set forth in the Plan;
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Rio Number: 14-00038
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 selects Sawyer's Walk, Ltd. and Poinciana
Village of Miami, Ltd. (collectively referred to as the "Developer") for the development of a portion of
Block 46 NORTH, CITY OF MIAMI, PB "B" at Page 41 .(Folio 01-0104.O80-1010)("Block 48").
Section 3. The Board of Commissioners hereby authorizes the Executive Director to
execute the Development Agreement with the Developer, in substantially the attached form for (the
"Development Agreement").
Section 4. 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 5. $2,000,000,00 to be expended pursuant to the Development Agreement are to
be allocated from SEOPW Tax increment Fund, "Other Grants and Aids," Account Code No.
10050.920101.883000.0000.00000.
Section 6, This Resolution shall become effective Immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
JESS"11 'A N. PAC EtO, ESQ.
CRA SPECIAL COUNSEL
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