HomeMy WebLinkAboutCRA-R-15-0025City of Miami
Legislation
CRA Resolution: CRA-R-15-0025
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00628 Final Action Date: 6/29/2015
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY,
AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $10,000,000, TO
TOWN PARK PLAZA SOUTH, INC., TO UNDERWRITE COSTS ASSOCIATED WITH
THE RENOVATION AND REHABILITATION OF TOWN PARK PLAZA SOUTH, 1798
N.W. 7TH AVENUE, MIAMI, FLORIDA (FOLIO #: 01-3136-066-0001); AUTHORIZING
THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR
SAID PURPOSE; 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; ALLOCATING FUNDS FROM TAX REVENUE BOND
ISSUANCE PROVIDED FOR BY RESOLUTION NO. CRA-R-12-0061.
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 3, at page 11, of the Plan lists the "creati[on of] infill housing,
diversity in housing types, and retaining affordable housing," as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 2, at page 14, of the Plan provides that "[t]he neighborhood
.. retain access to affordable housing ... ;" and
WHEREAS, on November 6, 2014, the CRA issued Request for Qualifications ("RFQ") No.
14-06 for Design -Build and Relocation Services for Town Park Plaza South ("Project") and ranked the
proposal received from H.A. Contracting, Corp. ("HAC") as the highest ranked proposer; and
WHEREAS, on March 30, 2015, the Board of Commissioners, by Resolution No.
CRA-R-15-0010 authorized the CRA to negotiate with the top ranked firm to perform the Project,
which included an assessment of the condition of Town Park Plaza South ("TPPS") in order to
ascertain the approximate total cost of the Project; and
WHEREAS, in order for TPPS to proceed with the Project, a two-step process for the design
build services is necessary. Step one, involves the execution of a negotiated design build agreement
between TPPS and HAC and payment of pre -construction services. This step allows further
development of the construction plans in order to ascertain the final construction costs; and
WHEREAS, step two involves the amendment of the proposed agreement between TPPS and
HAC to reflect the final construction costs; and
City of Miami Page 1 of 2 File Id: 15-00628 (Version: 1) Printed On: 9/30/2022
File Number: 15-00628 Enactment Number: CRA-R-15-0025
WHEREAS, based on the CRA's negotiations with HAC and a preliminary assessment of the
condition of the property, it is recommended that the Board of Commissioners authorize a grant, in an
amount not to exceed $10,000,000 for the Project; and
WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to
exceed $10,000,000 to underwrite costs associated with the renovation and rehabilitation of TPPS;
and
WHEREAS, the Board of Commissioners finds that such a grant to TPPS would further the
above mentioned redevelopment principles;
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 a grant in an amount not to
exceed $10,000,000, to Town Park Plaza South, Inc. to underwrite costs associated with the
renovation and rehabilitation of Town Park Plaza South located at 1798 N.W. 7th Avenue, Miami,
Florida 33136 (Folio #: 01-3136-066-0001).
Section 3. The Executive Director is authorized to execute all documents necessary for
said purpose.
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. Funds to be allocated from tax revenue bond issuance provided for by
CRA-R-12-0061.
Section 6. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 15-00628 (Version: 1) Printed On: 9/30/2022