HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #7314
Date: 03/12/2020
Commission Meeting Date: 03/12/2020
Requesting Department: City Commission
Sponsored By:
District Impacted:
Type: Resolution
Subject: Creation of Sawyer's Landing Community Development District (CDD)
Budget Impact Analysis
Item has NOT an Expenditure
Total Fiscal Impact:
Office of the City Attorney
Legislative Division
City Commission
Legislative Division
Office of Management and Budget
Office of the City Attorney
Office of the City Attorney
Office of the City Attorney
Office of the City Clerk
Reviewed B
Maricarmen Lopez
Maricarmen Lopez
Maricarmen Lopez
Valentin J Alvarez
Christopher M Rose
Richard Appleton
Barnaby L. Min
Victoria Mendez
City Clerk's Office
Approved Form and Correctness
Legislative Division Review
Meeting
Legislative Division Review
Budget Review
ACA Review
Deputy Attorney Review
Approved Form and Correctness
Rendered
Skipped 03/12/2020 12:24 PM
Skipped 03/12/2020 12:24 PM
Completed 03/12/2020 9:00 AM
Completed 03/16/2020 2:29 PM
Completed 03/16/2020 2:32 PM
Completed 03/19/2020 2:23 PM
Completed 03/19/2020 3:12 PM
Completed 03/20/2020 2:32 PM
Completed 03/20/2020 2:49 PM
City of Miami
Legislation
Resolution
Enactment Number: R-20-0086
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 7314 Final Action Date:3/12/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION SUPPORTING THE CREATION
OF THE SAWYER'S LANDING COMMUNITY DEVELOPMENT DISTRICT ("CDD") BY
DOWNTOWN RETAIL ASSOCIATES, LLC, A FLORIDA LIMITED LIABILITY
COMPANY, AND ITS AFFLILATES AND SUBSIDIARIES (COLLECTIVELY,
"DEVELOPER") FOR THE 3.42 +/- ACRE SITE GENERALLY BOUNDED ON THE
NORTH BY NORTHWEST 7 STREET, ON THE SOUTH BY NORTHWEST 6 STREET,
ON THE WEST BY NORTHWEST 3 AVENUE, AND ON THE EAST BY NORTHWEST
2 AVENUE, MIAMI, FLORIDA, WHICH IS LOCATED AT APPROXIMATELY 249
NORTHWEST 6 STREET MIAMI, FLORIDA; ENCOURAGING THE MIAMI-DADE
BOARD OF COUNTY COMMISSIONERS ("COUNTY COMMISSION") TO APPROVE
A PETITION SUBMITTED BY THE DEVELOPER TO CREATE THE CDD
CONSISTENT WITH THE DEVELOPMENT AGREEMENT BETWEEN THE
DEVELOPER AND THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY.
WHEREAS, pursuant to Resolution No. CRA-R-18-0041 adopted on September 24,
2018 by the Southeast Overtown/Park West Community Redevelopment Agency ("CRA"), the
CRA Board of Commissioners authorized the negotiations for the development of Block 55
("Project") located at approximately 249 Northwest 6 Street, Miami, Florida, Folio No. 01-0105-
050-1120, generally bounded on the east by Northwest 2 Avenue, on the west by Northwest 3
Avenue, on the south by Northwest 6 Street, and on the north by Northwest 7 Street, Miami,
Florida ("Site"), with Downtown Retail Associates, LLC, a Florida limited liability company
("Developer"); and
WHEREAS, the CRA and the Developer entered into a development agreement for the
Project on October 1, 2018; and
WHEREAS, the Site is a 3.42 +/- acre of undeveloped real estate located in District 5;
and
WHEREAS, once constructed, the Project will consist of not less than 500 residential
units, not less than 250,000 rentable square feet of retail/restaurant/office/entertainment space,
and a minimum of 1,000 parking spaces; and
WHEREAS, pursuant to Section 2-33(f) of the Code of the City of Miami, Florida, as
amended, the City Commission unanimously deems this Resolution to be of an emergency
nature in order to address the matters during the current legislative session; and
WHEREAS, the City of Miami ("City") supports the creation of the Sawyer's Landing
Community Development District ("CDD") for the Site to assist in the funding and construction of
various onsite and offsite infrastructure and related public improvements for the Project;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted and incorporated as if fully set forth in this section.
Section 2. The City Commission supports the creation of the CDD by the Developer, its
affiliates, and subsidiaries for the Site.
Section 3. The City Commission encourages the County Commission to approve a
petition submitted by the Developer to create the CDD consistent with the development
agreement between the Developer and the CRA.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
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