HomeMy WebLinkAboutCRA-R-14-0060 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-00940
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
A SECOND AMENDMENT TO THE DEVELOPMENT AGREEMENT DATED AS OF
JANUARY 15, 2013 (THE "SECOND AMENDMENT"), SUBSTANTIALLY THE
ATTACHED FORM, WITH AMC HTG I, LTD. (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 15, 2013, the CRA and AMC HTG I, Ltd. (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 a
Second Amendment to the Development Agreement dated as of January 15, 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 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 hereby authorizes the Executive Director to execute a
Second Amendment to the Development Agreement dated as of January 15, 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:14-00940 (Version: 1) Printed On: 9/22/2014
File Number: 14-00940
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
WILLIAM R. BLOOM, ESQ.
CRA SPECIAL COUNSE
City of Miami Page 2 of 2 File Id: 14-00940 (Version: 1) Printed On: 9/22/2014