HomeMy WebLinkAboutCRA-R-24-0067 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0067
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 16829
Revision: A
File Type: CRA Resolution Status: ADOPTED
Controlling Body: Southeast
Overtown/Park West CRA
File Name: Approve SEOPW CRA Series 2024 Bonds Introduced: 10/17/2024
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 10/24/2024
Title: A RESOLUTION OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY, WITH ATTACHMENT(S), PROVIDING FOR THE
ISSUANCE OF TAX INCREMENT REVENUE BONDS OF THE AGENCY TO FINANCE
OR REFINANCE THE ACQUISITION AND CONSTRUCTION OF COMMUNITY
REDEVELOPMENT PROJECTS IN THE REDEVELOPMENT AREA OF SUCH
AGENCY; PROVIDING FOR THE PAYMENT AND SECURITY THEREOF; MAKING
CERTAIN COVENANTS AND AGREEMENTS IN CONNECTION THEREWITH;
PROVIDING FOR AND AUTHORIZING THE ISSUANCE OF ITS TAX INCREMENT
REVENUE BONDS, SERIES 2024 IN THE ORIGINAL AGGREGATE PRINCIPAL
AMOUNT NOT TO EXCEED $150,000,000, TO BE ISSUED IN ONE OR MORE
SERIES, FOR THE PURPOSE OF FINANCING CERTAIN GRANTS TO BE USED FOR
THE CONSTRUCTION OR REHABILITATION OF AFFORDABLE HOUSING,
FINANCING THE CONSTRUCTION OF OTHER CAPITAL IMPROVEMENTS IN THE
REDEVELOPMENT AREA, AND REFINANCING CERTAIN OUTSTANDING
OBLIGATIONS; DELEGATING THE AWARD OF THE SALE OF THE SERIES 2024
BONDS TO THE EXECUTIVE DIRECTOR; PROVIDING FOR SECURITY FOR THE
HOLDERS OF SUCH SERIES 2024 BONDS; APPROVING THE FORM OF A
PRELIMINARY OFFICIAL STATEMENT AND DELEGATING TO THE EXECUTIVE
DIRECTOR THE AUTHORITY TO DEEM FINAL FOR CERTAIN PURPOSES AND
APPROVE THE USE OF AND DISTRIBUTION OF THE PRELIMINARY OFFICIAL
STATEMENT AND FINAL OFFICIAL STATEMENT WITH RESPECT TO THE SERIES
2024 BONDS; APPOINTING A REGISTRAR, PAYING AGENT AND FISCAL AGENT;
APPOINTING AN ESCROW AGENT; APPOINTING A VERIFICATION AGENT;
PROVIDING CERTAIN OTHER COVENANTS AND AGREEMENTS IN CONNECTION
WITH THE ISSUANCE THEREOF; PROVIDING CERTAIN OTHER DETAILS WITH
RESPECT THERETO; PROVIDING FOR SEVERABILITY; AND PROVIDING AN
EFFECTIVE DATE.
Notes: Revision A has the Scrivener's amendment made by staff counsel and per legal opinion, it
may be certified instead of the original version.
Links:
Attachments: 16829 Exhibit A (PDF)
16829 Exhibit B (PDF)
16829 Exhibit C (PDF)
16829 Exhibit D (PDF)
16829 Exhibit E (PDF)
16829 Legislation -SUB (PDF)
16829 Scrivener's Error Memo (PDF)
City of Miami Page 1 of 2 Printed on: 11/5/2024
Southeast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0067
History of Legislative File:
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
Revision: Acting Body:
Date:
Action:
Result:
Miguel A Valentin
James McQueen
Vincent T. Brown
10/17/2024
10/17/2024
10/17/2024
Southeast Overtown/Park 10/24/2024
West CRA
Southeast Overtown/Park 10/24/2024
West CRA
City Clerk's Office 10/24/2024
A Vincent T. Brown 11/5/2024
Finance Review
Department Head Review
Approved to Form and Legal
Sufficiency
Meeting
ADOPTED
Rendered
Approved as to Form and Legal
Sufficiency
Completed
Completed
Completed
Completed
Passed
Completed
Completed
City of Miami Page 2 of 2 Printed on: 11/5/2024