HomeMy WebLinkAboutCRA-R-15-0027 Legislation V1 (6-29-15)City of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00498 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 THIRD AMENDMENT TO THE DEVELOPMENT AGREEMENT DATED AS OF
JANUARY 29, 2014 (THE "THIRD AMENDMENT"), SUBSTANTIALLY THE
ATTACHED FORM, WITH ALL ABOARD FLORIDA NW SIXTH STREET, LLC (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, as of January 29, 2014, the CRA and All Aboard Florida NW Sixth Street, LLC (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 Third Amendment to the Development Agreement dated as of January 29, 2014, 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 Third Amendment to the Development Agreement dated as of January 29, 2014,
substantially in the attached form with Developer.
Section 3. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
City of Miami Page 1 of 2 Fide Id: 15-00498 (Version: I) Printed On: 6/8/2015
File !Number: 15-00498
WILLIAM R. BLOOM, ESQ.
CRA SPECIAL COUNSEL
City of Miami Page 2 of 2 File Id: 15-00498 (Version: 1) Printed On: 6/8/2015