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HomeMy WebLinkAboutCRA-R-18-0008I I `rr Omni CRA OMNI Community Redevelopment Agency Legislation OMNI CRA Resolution: CRA-R-18-0008 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 3483 Final Action Date:2/22/2018 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") BY A FOUR -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S RECOMMENDATION AND FINDING THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS PURSUANT TO SECTIONS 18- 85 AND 18-86 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, AS ADOPTED BY THE CRA; WAIVING THE REQUIREMENTS FOR COMPETITIVE SEALED BIDDING AS NOT BEING PRACTICABLE OR ADVANTAGEOUS TO THE CRA; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AN AGREEMENT, IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, WITH SUPPORTING DOCUMENTS ALLOCATING GRANT FUNDS OF $1,800,000.00 FOR ACQUISITION AND $2,000,000.00 FOR REHABILITATION OF PROPERTIES LOCATED AT 1541 NW 1ST PLACE, 1535 NW 1ST PLACE, AND 1540 NW 1ST COURT, MIAMI, FLORIDA ("PROPERTIES"), ALL LOCATED WITHIN THE OMNI REDEVELOPMENT AREA, TO 16 CORNER, LLC; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AN AGREEMENT, IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, ALLOWING ST. AGNES CHURCH COMMUNITY DEVELOPMENT CORPORATION TO RETAIN A PORTION OF OWNERSHIP OF THE PROPERTIES, ALL SUBJECT TO THE AVAILABILITY OF FUNDS. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is tasked with reducing slum and blight within its boundaries; and WHEREAS, on September 13, 2016, the CRA approved and adopted Resolution No. CRA-R-16-0042 adopting the City of Miami's procurement ordinance as the process in which any and all services and goods are procured by the CRA; and WHEREAS, 16 Corner, LLC, a for profit entity, submitted a request for grant funding to acquire and rehabilitate affordable housing units within the Redevelopment Area; and WHEREAS, the 2010 Redevelopment Plan ("Plan") on page 41, section D-2 list an objective of the CRA is to "[a]chieve rehabilitation of the maximum number of housing units," to make "Improvements to the Public Realm" by "[enhancing] the areas' visual attractiveness to businesses and residents"; and City of Miami Page 1 of 3 File ID: 3483 (Revision: A) Printed On: 8/29/2025 File ID: 3483 Enactment Number: CRA-R-18-0008 WHEREAS, the Plan also outlines working with private entities on page 42 Sections A-1 and A-3 to "Provide incentives for redevelopment of blighted properties" and to "Promote rehabilitation and maintenance of existing viable uses and structures"; and WHEREAS, 16 Corner, LLC has submitted a proposal to rehabilitate the group of properties at 1541 NW 1st Place, 1535 NW 1st Place, and 1540 NW 1st Court, Miami, Florida, all within the Redevelopment Area ("Properties"); and WHEREAS, 16 Corner, LLC requests grant funding for the acquisition of the Properties and the rehabilitation of the Properties in the amount of $1,800,000.00 for acquisition and $2,000,000.00 for rehabilitation ("Project"); and WHEREAS, the success of the Project will result in accomplishing the stated objectives of the Plan; and WHEREAS, based on the recommendation and finding of the Executive Director, it is in the CRA's best interest to authorize, by an affirmative four -fifths (4/5ths) vote, a waiver of competitive sealed bidding procedures pursuant to Sections 18-85 and 18-86 of the Code of the City of Miami, Florida, as amended ("City Code"), as adopted by the CRA, to authorize the Executive Director to execute and negotiate any and all agreements, in a form acceptable to the General Counsel, with 16 Corner, LLC, for the provision of grant funds for the acquisition and rehabilitation of the Properties in the amount of $1,800,000.00 towards acquisition and $2,000,000.00 towards rehabilitation; 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 of the Resolution are adopted by reference and incorporated as fully set forth in this Section. Section 2. By a four -fifths (4/5ths) affirmative vote, after an advertised public hearing, the Executive Director's recommendation and written finding pursuant to Sections 18-85 and 18-86 of the City Code, as adopted by the CRA, are ratified, approved, and confirmed, and the requirements for competitive sealed bidding methods are waived. Section 3. The Executive Director is authorized to execute an agreement and supporting documents to provide funding, in a form acceptable to the General Counsel, with 16 Corner, LLC, for the acquisition and rehabilitation of the Properties with $1,800,000.00 for the acquisition and $2,000,000.00 for rehabilitation. Section 4. The Executive Director is authorized to allow St. Agnes Church Community Development Corporation ("St. Agnes") to retain a portion of ownership in the Properties to be acquired subject to the availability of funds. City of Miami Page 2 of 3 File ID: 3483 (Revision: A) Printed on: 8/29/2025 File ID: 3483 Enactment Number: CRA-R-18-0008 Section 5. Should St. Agnes not be a suitable Community Development Corporation ("CDC") for this Project, the Executive Director is directed to submit an alternate CDC for consideration to the Board of Commissioners. Section 6. Funds are to be allocated from Omni Increment Fund "Other Grants and Aids", Account Code No.10040.920501.883000. Specifically, funding is derived from 2018 TIF Revenues ($1,832,510.00) and 2017 TIF Revenues ($1,041,531.00) with additional funds to be allocated from the proceeds of the Omni CRA 2018 Loan with Bank United. Section 7. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: Barnaby I_. Min, Deputy City Attorney 3/2/2018 City of Miami Page 3 of 3 File ID: 3483 (Revision: A) Printed on: 8/29/2025