HomeMy WebLinkAboutCRA-R-16-0017City of Miami
Legislation
CRA Resolution: CRA-R-16-0017
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-00716 Final Action Date: 5/23/2016
A RESOLUTION, WITH ATTACHMENT(S), OF THE BOARD OF COMMISSIONERS
OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AGENCY (THE "CRA") AUTHORIZING A THIRD AMENDMENT TO THE
DEVELOPMENT AGREEMENT DATED AS OF JANUARY 18, 2013 (THE
"DEVELOPMENT AGREEMENT") BETWEEN THE CRA AND ST. JOHN PLAZA
APARTMENTS, LLC (THE "ORIGINAL DEVELOPER") AS ASSIGNED BY THE
ORIGINAL DEVELOPER TO SJP APARTMENTS, LLC, A FLORIDA LIMITED
LIABILITY COMPANY, NOW KNOWN AS ST. JOHN PLAZAAPARTMENTS, LLC
(THE "DEVELOPER") AS AMENDED BY AMENDMENT DATED AS OF SEPTEMBER
30, 2014 AND AS AMENDED BY SECOND AMENDMENT DATED DECEMBER 21,
2015 AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE THE THIRD
AMENDMENT TO THE DEVELOPMENT AGREEMENT (THE "THIRD
AMENDMENT"), IN SUBSTANTIALLY THE FORM ATTACHED HERETO AS EXHIBIT
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")
regarding the St. John Plaza Project; 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, now known as
St. John Plaza Apartments, LLC (the "Developer");
WHEREAS, the Developer and the CRA executed an amended dated as of September 30,
2014 (the "Amendment") and a Second Amendment dated December 21, 2015 (the "Second
Amendment");
WHEREAS, the Board of Commissioners wish to authorize the Executive Director to execute
a third amendment to the Development Agreement (the "Third Amendment") in substantially the form
attached hereto as Exhibit "A".
City of Miami Page 1 of 2 File Id: 16-00716 (Version: 1) Printed On: 9/20/2022
File Number: 16-00716 Enactment Number: CRA-R-16-0017
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 the Third Amendment to the Development Agreement in substantially the form attached
hereto as Exhibit "A".
Section 3. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
WILLIAM R. BLOOM, ESQ.
CRA SPECIAL COUNSEL
City of Miami Page 2 of 2 File Id: 16-00716 (Version: 1) Printed On: 9/20/2022