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HomeMy WebLinkAboutCRA-R-15-0053 LegislationCity of Miami Legislation CRA Resolution: CRA-R-15-0053 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Nile Number: 15-01520n Final Action Dnte:11/16/2015 A RESOLUTION, WITH ATTACHMENT(S), OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY (THE "CRA") AUTHORIZING AN AMENDMENT TO THE DEVELOPMENT AGREEMENT DATED AS OF JANUARY 18, 2013 (THE "DEVELOPMENT AGREEMENT") BETWEEN THE CRAAND ST. JOHN PLAZA APARTMENTS, LLC (THE "ORIGINAL DEVELOPER") AS ASSIGNED BY THE ORIGINAL DEVELOPER TO SJP APARTMENTS, LLC, A FLORIDA LIMITED LIABILITY COMPANY (THE "DEVELOPER") AS AMENDED BY AMENDMENT DATED AS OF SEPTEMBER 30, 2014 AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AN AMENDMENT TO THE DEVELOPMENT AGREEMENT (THE "SECOND AMENDMENT"), IN THE FORM APPROVED BY SPECIAL COUNSEL TO THE CRA. 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, on January 18, 2013, the CRA and St. John Plaza Apartments, LLC (the "Original Developer"), entered into that certain Development Agreement (the "Development Agreement"); and WHEREAS, the Original Developer assigned all of its right, title and interest in the Development Agreement to SJP Apartments, LLC, a Florida limited liability company (the "Developer"); WHEREAS, the Developer and the CRA executed an amended dated as of September 30, 2014 (the "Amendment"); WHEREAS, the Board of Commissioners wish to authorize the Executive Director to execute a second amendment to the Development Agreement (the "Second Amendment") in the form approved by Special Counsel, to amend the description of the project to allow four (4) studio units, to extend the closing date to on or before January 29, 2016, to require the Developer to pay $100,000.00 to the CRA to be utilized by the CRA to provide entry signage for the Overtown Community, to require the Developer to provide washers and dryers in each unit, and to require the labor participation requirements to apply to all laborers working on the project, instead of only unskilled laborers. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY City of Miami Page 1 of 2 File 111: 15-01520a (Version: 1) Prinicd On: 11/20/2015 File Number: 15-01520a Eiactrnent Number: CRA-R-15-0053 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 the Second Amendment to the Development Agreement in the form approved by Special Counsel. Section 3. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: INILLAM R. BLOOM, ESQ. CRA SPECIAL COUNSEL City 411410111i Page 2 0j2 File Id: 15-01520a (Version: 1) Printed On: 11/20/2015