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HomeMy WebLinkAboutCRA-R-14-0063City of Miami Legislation CRA Resolution: CRA-R-14-0063 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-01060 Final Action Date:10/27/2014 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 HERMAN PAYNE, JR. ("MR. PAYNE"), AS THE SOLE PROPOSER IN RESPONSE TO RFP NO. 13-007, FOR THE LEASE OF COMMERCIAL SPACE AT 1490 N.W. 3rd AVENUE, UNIT NO. 104, MIAMI FLORIDA; FURTHER AUTHORIZING THE ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED $100,000, TO MR. PAYNE 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 a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and 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 [p]romotion and marketing of the community," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 6, at page 15, of the Plan lists the promotion of "local cultural events, institutions, and businesses," as a stated redevelopment principle; and WHEREAS, Section 2, 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 N.W. 3rd Avenue Neighborhood Center as becoming a thriving mixed -use area, which requires the CRA to "attach new businesses to N.W. 3rd Avenue in anticipation of [surrounding residential development];"; and WHEREAS, the CRA owns the Overtown Shopping Center, at 1490 N.W. 3rd Avenuve, Miami, Florida ("Property"), and said Property is located within the N.W. 3rd Avenue Neighborhood Center; City of Miami Page 1 of 3 File Id: 14-01060 (Version: 1) Printed On: 10/7/2022 File Number: 14-01060 Enactment Nimmber: CRA-R-14-0063 and WHEREAS, the CRA is currently undertaking the renovation and rehabilitation of the Property in order to 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 it sought proposals for persons interested in leasing commercial space at the property; and WHEREAS, Herman Payne, Jr. ("Mr. Payne") submitted the one and only proposal for occupancy of Unit No. 104 and seeks to operate Caring Touch Barbershop, a full service barbershop, at the Property; and WHEREAS, if awarded Unit No. 104, Mr. Payne 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 Mr. Payne, and to authorize the issuance of a grant, in an amount not to exceed $100,000, for tenant improvements to Unit No. 104; 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 execution of a commercial lease agreement, in substantially the attached form, with Herman Payne, Jr. ("Mr. Payne") for commercial retail space at Overtown Shopping Center, 1490 N.W. 3rd Avenue, Unit No. 104, Miami, Florida. Section 3. The Board of Commissioners further authorizes the issuance of a grant, in an amount not to exceed $100,000, to Mr. Payne for tenant improvements in Unit No. 104. 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, entitled "Other Grants and Aids," Account Code No. City of Miami Page 2 of 3 File Id: 14-01060 (Version: 1) Printed On: 10/7/2022 File Number: 14-01060 Enactment Number: CRA-R-14-0063 10050.920101.883000.0000.00000. Section 7. This Resolution shall become effective immediately upon its adoption. City of Miami Page 3 of 3 File Id: 14-01060 (Version: 1) Printed On: 10/7/2022