HomeMy WebLinkAboutCRA-R-18-0020Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-18-0020
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
File Number: 3900 Final Action Date:3/29/2018
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY,
AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $215,800.00, TO
J.E.J. PROPERTIES, INC., TO UNDERWRITE COSTS ASSOCIATED WITH
UNFORESEEN CONSTRUCTION COSTS FOR THE REHABILITATION OF
JOSEPHINE AND DUNN HOTELS; AUTHORIZING THE EXECUTIVE DIRECTOR
TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE;
FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS,
AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO
VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY
DOCUMENTATION; ALLOCATING FUNDS FROM SEOPW, "OTHER GRANTS
AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency
("CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida
Statutes, and is responsible for carrying out community redevelopment activities and projects
within its Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West
Redevelopment Plan ("Plan"); and
WHEREAS, Section 2, Goals 4 and 6, at page 11, of the Plan lists the "creati[on of] jobs
within the community," and "improving the quality of life for residents" as a stated redevelopment
goals; and
WHEREAS, Section 2, Principle 4, at page 14, of the Plan provides that "employment
opportunities be made available to existing residents..." as stated redevelopment principle; and
WHEREAS, Section 2, Principle 6, at page 15, of the Plan provides that in order to
"address and improve the neighborhood economy and expand economic opportunities of
present and future residents and businesses[,] ... [it is necessary to] support and enhance
existing businesses and ... attract new businesses that provide needed services and economic
opportunities ... ;" and
WHEREAS, on March 31, 2014, the Board of Commissioners, by Resolution No. CRA-
R-14-0030, authorized the issuance of a grant, in an amount not to exceed $215,800.00, to
J.E.J. Properties, Inc. ("Grantee") to underwrite costs associated with the rehabilitation of
Josephine and Dunn Hotels located at 1028 NW 3rd Avenue, Miami, Florida 33136 ("Project");
and
WHEREAS, Grantee now seeks additional grant funds from the CRA to complete the
Project due to unforeseen construction costs and permitting delays; and
WHEREAS, the Board of Commissioners wish to authorize a grant in an amount not to
exceed $215,800.00 to Grantee to underwrite costs associated with unforeseen construction
costs and permitting delays for the rehabilitation of Josephine and Dunn Hotels; and
City of Miami Page 1 of 2 File ID: 3900 (Revision: A) Printed On: 8/29/2025
File ID: 3900 Enactment Number: CRA-R-18-0020
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would
further the above mentioned redevelopment goals and objectives;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE SOUTHEAST OVERTOWN/PARK WEST 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 herein as if fully set forth in this Section.
Section 2. The Board of Commissioners hereby authorizes a grant in an amount not
to exceed $215,800.00, to J.E.J. Properties, Inc.to underwrite costs associated with unforeseen
construction costs and permitting delays for the rehabilitation of Josephine and Dunn Hotels.
Section 3. The Executive Director is authorized to execute all documents necessary
for said purpose.
Section 4. The Executive Director is authorized to disburse funds, at his discretion,
on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory
documentation.
Section 5. Funds to be allocated from SEOPW Tax Increment Fund, entitled "Other
Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
iver, E cux tive Director 3/30/2018
City of Miami Page 2 of 2 File ID: 3900 (Revision: A) Printed on: 8/29/2025