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HomeMy WebLinkAboutCRA-R-24-0062 Exhibit A 2024-10-10SEOPW Board of Commissioners Meeting October 10, 2024 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4/5ths RECOMMENDATION INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Date: October 10, 2024 File: Members of the SEOPW CRA Board Subject: Recommendations and findings to waive competitive sealed bidding and negotiation methods pursuant to City Code 18-85 and 18-86 for Harlem Square LLC. From: James D. McQueen Enclosures: Executive Director BACKGROUND: The Board of Commissioners ("Board") of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA"), is responsible for carrying out community redevelopment activities and projects within its redevelopment area in accordance with the 2018 Updated SEOPW CRA Redevelopment Plan ("Plan"). Harlem Square LLC, a Florida limited liability company ("Grantee") is requesting assistance to underwrite additional costs associated with the development and construction of the existing project and infrastructure "Harlem Square," a full service supper club, located at 173 N.W. 1 1th Street, Miami, Florida 33136 ("Property"). The SEOPW CRA desires to provide funding in an amount not to exceed Two Million Dollars and Zero Cents ($2,000,000.00). The "Harlem Square" project was developed by the Grantee to be an adaptive reuse of the Property, which was the former home of Clyde Killens, a legendary entertainment promoter from the heart of Overtown. Grantee anticipates that this project will create new job opportunities, and agrees that this project will benefit the redevelopment area by eliminating blight created by the existing infrastructure. It is recommended that an older building such as this be preserved and improved. The Executive Director has reviewed and vetted Grantee's request, in accordance with the objectives of the Plan. RECOMMENDATION: In light of the above -stated, approval ofa waiver of the formal requirements of competitive sealed bidding methods as not being practicable or advantageous to the Southeast Overtown/Park West Community Redevelopment Agency as set forth in the City Code of Ordinances, as amended, specifically Sections 18-85 and 18-86 and the affirmation of these written findings and the forwarding the same to the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency by a four -fifths vote is respectfully requested. APPROVED Jar s McQueen, Executive Director