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HomeMy WebLinkAboutCRA-R-18-0008 Bid Waiver MemoKen Russell Board Chair INTER -OFFICE MEMORANDUM Jason Walker Executive Director TO: Board Chair Ken Russell and Members of the CRA Board FROM: Jason Walker Executive Director DATE: January 17th, 2018 SUBJECT: Recommendations and and Findings to Waive Competitive Negotiation Procedures per City Code, authorizing the allocation of Grants funds to 16 Corner LLC for the Acquisition and Rehabilitation of Properties located at 1541 NW 1ST Place, 1535 NW 1ST Place and 1540 NW 1ST Court. BACKGROUND: The Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its redevelopment area in accordance with the 2010 CRA Redevelopment Plan ("Plan"). 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. The 16 Corner LLC company submitted a grant proposal request to the CRA. 16 Corner LLC, a for profit entity, possesses a unique approach to affordable housing. The principals of 16 Corner LLC have a history of successful rehabilitation of affordable housing units in Miami- Dade County. Their proposal for acquisition and rehabilitation of approximately 44 affordable housing units concept is an ideal project for the Omni CRA area. The 2010 Redevelopment Plan on page 41, Section D-2 lists the objective of the CRA to, "[a]chieve rehabilitation of the maximum number of housing units." The proposal is also consistent with Section D of the plan on page 41 Section D "Improvements to the Public Realm" to "[e]nhance the areas' visual attractiveness to businesses and residents." The plan also highlights working with private entities on page 42 A-1 to, "Provide incentives for redevelopment of blighted properties." The Plan also lists the objective A-3 to, "Promote rehabilitation and maintenance of existing viable uses and structures." The 16 Corner LLC group has submitted a proposal to rehabilitate the group of properties with the following addresses at 1541 NW 1ST Place, 1535 NW 1ST Place and 1540 NW 1ST Court within the Omni CRA and now requests grant funding for the acquisition of the properties and the rehabilitation of the units in the amount of $1,800,000.00 for acquisition and $2,000,000.00 for rehabilitation. RECOMMENDATION In light of the above mentioned background information, rehabilitation of the building and the Grantee's past business successes and the CRA's identified objectives in the CRA's plan to reduce slum and blight, and in consideration of the Executive Director's pledge to allocate grant funding to further the plan and activate the area, an approval of a bid waiver is recommended. An approval of a waiver of the formal requirements of competitive sealed bidding methods as not being practicable nor advantageous to the CRA as set forth in the City Code of Ordinances, as amended, specifically Sections 18-85 (a), and the affirmation of these written findings and the forwarding of the same to the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency for ratification by a four -fifths (4/5th) vote is respectfully requested.