HomeMy WebLinkAboutCRA-R-15-0013 Cover MemoSEOPW Board of Commissioners Meeting
April 27, 2015
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Keon Hardemon Date: April 17, 2015 File: 15-00497
and Members of the CRA Board
Subject: Resolution Authorizing an Amendment to
Declaration of Restrictions for Block 45.
From: Clarence E. Woods, Ill (J"lJ References:
Executive Director
Enclosures: Legislation
BACKGROUND:
It is recommended that the Board of Commissioners adopt the accompanying resolution approving an
amendment by and between the Southeast Overtown/Park West Community Redevelopment Agency and
Miami -Dade County, Florida ("County") to the Declaration of Restrictions regarding Block 45 ("Amendment").
The primary purpose of the Amendment is to modify the Declaration of Restrictions ("Declaration") to extend the
time frame for commencement of vertical construction of the retail component and the residential component
from May 15, 2016 to November 15, 2016 and granting a six (6) month extension of the date of reverter to the
County if vertical construction does not commence by the vertical construction deadline from May 15, 2016 to
November 15, 2016 ("Requested Changes").
RECOMMENDATION:
Miami -Dade County, Florida has approved the Requested Changes and it is recommended that the Board of
Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency approve and adopt
the attached Resolution, with Attachment(s), authorizing the Executive Director to enter into the Amendment.