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Omni
CRA
OMNI
Community Redevelopment Agency
Legislation
OMNI CRA Resolution: CRA-R-16-0056
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.miamicra.com
File Number: 1357 Final Action Date:12/14/2016
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA"), BY A FOUR -FIFTHS (4/5) AFFIRMATIVE VOTE, RATIFYING,
APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S EMERGENCY
FINDING THAT IT IS MOST ADVANTAGEOUS FOR THE CRA TO WAIVE THE
COMPETITIVE SEALED BIDDING PROCEDURES, PURSUANT TO SECTION
18-90 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, AS
ADOPTED BY THE CRA; FURTHER APPROVING THE RETROACTIVE
SELECTION OF CENTURY ADVISORY SERVICES, INC. D/B/A CENTURY RISK
ADVISORS FOR THE IMMEDIATE BINDING OF COMMERCIAL PROPERTY
AND GENERAL LIABILITY INSURANCE COVERAGE FOR TWO (2) CRA
OWNED CAPITAL PROPERTIES LOCATED AT 1401 N. MIAMI AVE, AND 50 NW
14 STREET, MIAMI, FL, RESPECTIVELY, FOR A TOTAL EXPENDITURE
AMOUNT NOT TO EXCEED $100,000.00 FOR BOTH PROPERTIES,
EFFECTIVE OCTOBER 4, 2016 THROUGH OCTOBER 4, 2017.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency
("CRA") has found it essential to procure and immediately bind commercial property and general
liability insurance coverage for two (2) CRA owned properties located at 1401 N. Miami Avenue,
and 50 N.W. 14th Street, Miami, FL, respectively, asserting fiscal responsibility in protecting
CRA investments in redevelopment area businesses and residents; and
WHEREAS, the protection of properties owned by the CRA is vital to the ongoing
redevelopment objectives of the CRA as well as the health and safety of the employees and
visitors who frequent the CRA-owned properties; and
WHEREAS the Executive Director, pursuant to Section 18-90 of the Code of the City of
Miami, Florida, as amended ("City Code"), as adopted by the CRA, approved an emergency bid
waiver for the procurement and immediate binding of commercial property and general liability
insurance coverage, for a total expenditure amount not to exceed $100,000.00;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE OMNI REDEVELOPMENT DISTRICT 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 as fully set forth in this Section.
Section 2. The Board of Commissioners by a four -fifths (4/5) affirmative vote, ratifies, approves,
and confirms the Executive Director's emergency finding that it is most advantageous for the
CRA to waive the competitive sealed bidding procedures, pursuant to Section 18-90 of the City
Code, as amended, as adopted by the CRA and approves the retroactive selection of Century
Advisory Services, Inc. D/B/A Century Risk Advisors for the immediate binding of commercial
City of Miami Page 1 of 2 File ID: 1357 (Revision:) Printed On: 8/28/2025
File ID: 1357 Enactment Number: CRA-R-16-0056
property and general liability insurance coverage for two (2) CRA owned properties located at
1401 N. Miami Avenue, and 50 N.W. 14th Street, Miami, FL, respectively, for a total expenditure
amount not to exceed $100,000.00.
Section 3. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
ndez, ity Attor
ey 11/16/2016
City of Miami Page 2 of 2 File ID: 1357 (Revision:) Printed on: 8/28/2025