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HomeMy WebLinkAboutCRA-R-14-0059 LegislationCity of Miami Legislation CRA Resolution City Hali 3500 Pan American Drive Miami, FL 33133 wwrvv.miamlgov,com File Number: 14-00969 Final Action Date: 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 AN AMENDMENT TO THE DEVELOPMENT AGREEMENT DATED AS OF JANUARY 18, 2013 (THE "AMENDMENT"), SUBSTANTIALLY THE ATTACHED FORM, WITH ST. JOHN PLAZAAPARTMENTS, LLC (THE "DEVELOPER"). 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 January 18, 2013, the CRA and St. John Plaza Apartments, LLC (the "Developer"), entered into that certain Development Agreement (the "Development Agreement"); and WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to execute an Amendment to the Development Agreement dated as of January 18, 2013, substantially in the attached form with Developer. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENTAGENCYOF 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 hereby authorizes the Executive Director to execute an Amendment to the Development Agreement dated as of January 18, 2013, substantially in the attached form, with Developer. Section 3. This Resolution shall become effective immediately upon its adoption. City of Miami Page 1 of 2 File Id: 14-00969 (version: 1) Printed On: 9124/2014 File Number: 14-00969 APPROVED AS TO FORM AND LEGAL SUFFICIENCY: WILLIAM R. BLOOM, ESQ. CRA SPECIAL COUNSEL City of Miami Page 2 of 2 File Id: 14-00969 (Version: 1) Printed On: 9/24/2014