HomeMy WebLinkAboutCRA-R-14-0027City of Miami
Legislation
CRA Resolution: CRA-R-14-0027
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-00145 Final Action Date: 3/31/2014
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 TWO GUYS
RESTAURANT, INC. ("TWO GUYS"), 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 108, MIAMI,
FLORIDA; FURTHER AUTHORIZING THE ISSUANCE OF A GRANT, IN AN
AMOUNT NOT TO EXCEED $150,000, TO TWO GUYS TO UNDERWRITE COSTS
ASSOCIATED WITH TENANT IMPROVEMENTS TO THE UNIT PROPOSED TO BE
LEASED; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT
HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS,
UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION;
FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL
DOCUMENTS NECESSARY FOR SAID PURPOSE; ALLOCATING FUNDS FROM
SEOPW, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO.
10050.920101.883000.0000.00000.
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
City of Miami Page 1 of 2 File Id: 14-00145 (Version: 1) Printed On: 10/18/2022
File Number: 14-00145 Enactment Number: CRA-R-14-0027
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, Two Guys Restaurant, Inc. ("Two Guys") submitted the one and only proposal for
Unit 108 and seeks to relocate its business to the Property; and
WHEREAS, if awarded Unit 108, Two Guys has requested assistance with tenant
improvements; and
WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-13-0042, passed and
adopted on June 24, 2013, authorized a grant initiative, in a total amount not to exceed $500,000, to
provide tenant improvement grants for prospective tenants at the Property; and
WHEREAS, the Board of Commissioners wishes to authorize execution of a commercial lease
agreement, in substantially the attached form, with Two Guys, and to authorize the issuance of a
grant, in an amount not to exceed $150,000, for tenant improvements in Unit 108;
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 authorizes the execution of a commercial lease
agreement, in substantially the attached form, with Two Guys Restaurant, Inc. for commercial retail
space at the Overtown Shopping Center, 1490 NW 3rd Avenue, Unit 108, Miami, Florida.
Section 3. The Board of Commissioners authorizes the issuance of a grant, in an amount
not to exceed $150,000, to Two Guys Restaurants, Inc. for tenant improvements in Unit 108.
Section 4. The Executive Director is authorized to disburse funds, at his discretion, on a
reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory
documentation.
Section 5. The Executive Director is authorized to execute all documents necessary for
said purpose.
Section 6. Funds, which were previously authorized by Resolution No. CRA-R-13-0042,
are allocated from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No.
10050.920101.883000.0000.00000.
Section 7. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 14-00145 (Version: 1) Printed On: 10/18/2022