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HomeMy WebLinkAboutCRA-R-14-0026 Signed LegislationCity of Miami Legislation CRA Resolution City Hail 3500 Pan American Drive Miami, FL 33133 www.miamlgov.com Tile Number: 14-00267 Filial Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, WITH ATTACHMENT(S), AUTHORIZING EXECUTION OF A COMMERCIAL LEASE AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH NANCY BEAUTY SUPPLY, INC., AS THE SOLE PROPOSER IN RESPONSE TO RFP NO. 13-007, FOR THE LEASE OF COMMERCIAL SPACE AT THE OVERTOWN SHOPPING CENTER, 1490 NW 3RD AVENUE, UNIT 109, MIAMI, FLORIDA; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL OTHER DOCUMENTS NECESSARY FOR SAID PURPOSE. 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 ("Plan"); and WHEREAS, Section 2, Goal 5, at page 11, of the Plan lists the promotion of "local cultural events, institutions, and businesses," as a stated redevelopment goal; and WHEREAS, Principle 6, at page 15, of the Plan provides that in order to "'address and improve the neighbor economy and expand economic opportunities of present and future residents and businesses[,]... [it is necessary to] support and enhance existing businesses and ... attract new businesses that provide needed services and economic opportunities .. ;" and WHEREAS, the Plan, at pages 62-63, identifies the NW 3rd Avenue Neighborhood Center as becoming a thriving mixed -use area, which requires the CRA to "attract new businesses to NW 3rd Avenue in anticipation of [surrounding residential development];" and WHEREAS, the CRA owns the Overtown Shopping Center, at 1490 NW 3rd Avenue, Miami, Florida ("Property"), and said Property is located within the NW 3rd Avenue Neighborhood Center; and WHEREAS, the CRA is currently undertaking the renovation and rehabilitation of the Property in order accommodate commercial tenant occupancy; and WHEREAS, pursuant to Section 163.380(3)(a), Florida Statutes, the CRA issued Request for Proposals No. 13-007 wherein is sought proposals for persons interested in leasing commercial space at the Property; and WHEREAS, Nancy Beauty Supply, Inc. submitted the one and only proposal for Unit 109 and seeks to relocate its business to the Property; and WHEREAS, the Board of Commissioners wishes to authorize execution of a commercial lease agreement, in substantially the attached form, with Nancy Beauty Supply, Inc. for the lease of Unit 109 at the Overtown Shopping Center; City of Miami Pagel of 2 File Id:14-0(1267 (version: 11 Printed On: 3/18/2014 Fie Number: 14-00267 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWNIPARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF M IAM I, 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 authorizes the execution of a commercial lease agreement, in substantially the attached form, with Nancy Beauty Supply, Inc. for commercial retail space at the Overtown Shopping Center, 1490 NW 3rd Avenue, Unit 109, Miami, Florida, Section 3. for said purpose. The Executive Director is authorized to execute all other documents necessary Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND SUFFICIENCY: JErCA N. PA ECO, ESQ. SPECIAL COUNSEL Clip of Miami Page 2 of 2 Pik Xd:14-00267 (Version: 1) Printed On: 3/18/20I4