HomeMy WebLinkAboutCRA-R-14-0030 Cover MemoSEOPW Board of Commissioners Meeting
October 28, 2013
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones
and Members of the CRA Board
From: Clarence E. Woods, Ill
Executive Director
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Date: October 18, 2013 File: 13-01215
Subject: Resolution Authorizing Grant for Renovation
of Dunn Hotel
References:
Enclosures: Supporting Documentation; Legislation
BACKGROUND:
The attached Resolution of the Board of Commissioners of the Southeast OvertownfPark West Community
Redevelopment Agency ("CRA") authorizes the issuance of a grant, in an amount not to exceed $175,000, to
JEJ Properties, Inc. ("JEJ") for the renovation and rehabilitation of the Dunn Hotel, 1028 NW 3rd Avenue, Miami,
Florida.
JEJ owns the Dunn Hotel, 1028 NW 3"d Avenue, Miami, Florida. Built in 1938, the Dunn Hotel served as one of
many hotels along NW 3rd Avenue that catered to many prominent Black entertainers. The current condition of
the Dunn Hotel requires extensive rehabilitation in order to attract prospective commercial operators, and as
such, JEJ has requested support from the CRA for the rehabilitation.
JUSTIFICATION:
Page 11, of the 2009 Southeast Overtown/Park West Community Redevelopment Plan ("Plan") sets forth the
preservation of historic buildings and community heritage as a stated redevelopment goal. The Plan, at pages
15 — 16, also provides that: local cultural events, institutions and businesses should be promoted; older
buildings that embody the area's cultural past should be restored and maintained; and the area's sense of
community should be restored and unified culturally.
FUNDING:
$175,000 are to be allocated from SEOPW Tax Increment Fund, entitled 'Other Grants and Aids" Account Code
No. 10050.920101.883000.0000.00000.