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HomeMy WebLinkAboutCRA-R-15-0009 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15-00336 Final Action Date: RESOLUTION THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, WITH ATTACHMENTS, AUTHORIZING THE EXECUTIVE DIRECTOR OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY TO EXECUTE AN AMENDMENT TO THE DECLARATION OF RESTRICTIONS REGARDING BLOCK 36 WITH MIAMI-DADE COUNTY, FLORIDA TO EXTEND THE ZONING APPROVAL DEADLINE BY TWO (2) YEARS FROM NOVEMBER 14, 2014 TO NOVEMBER 14, 2016 AND TO EXTEND THE TIME FRAME FOR COMMENCEMENT OF VERTICAL CONSTRUCTION FROM NOVEMBER 14, 2015 TO NOVEMBER 15, 2017 AND PROVIDE THAT THE EXECUTIVE DIRECTOR MAY NOT UNILATERALLY MODIFY THE TIME DEADLINES. 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, the Southeast Overtown/Park West Community Redevelopment Agency (the "CRA") previously entered into a Declaration of Restrictions regarding Block 36 (the "Declaration"); and WHEREAS, the CRA has entered into a Development Agreement with Lyric Development, LLC ("Lyric") with respect to the development of Block 36 and other properties; and WHEREAS, Lyric has requested that the CRA and Miami -Dade County, Florida (the "County") amend the Declaration to extend the zoning approval deadline under the Declaration from November 14, 2014 to November 14, 2016 and extend the time frame for commencement of vertical construction from November 14, 2015 to November 15, 2017 and provide that the Executive Director may not unilaterally modify the time frames (the "Requested Changes"); and WHEREAS, the County has approved the Requested Changes in accordance with the Resolution attached hereto as Exhibit "A" (the "County Approval"); and WHEREAS, it is in the best interest of the CRA that the CRA authorize an amendment to the Declaration consistent with the County Approval. City of Miami Page 1 of 2 File Id: 15-00336 (Version: 1) Printed On: 3/24/2015 File Number: 15-00336 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY: 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 enter into an amendment to the Declaration incorporating the terms of the County Approval with the County. Section 3. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: WILLIAM R. BLOOM HOLLAND & KNIGHT LLP Special Counsel City of Miami Page 2 of 2 File Id: 15-00336 (Version: 1) Printed On: 3/24/2015