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HomeMy WebLinkAboutCRA-R-18-0026I I `rr Omni CRA OMNI Community Redevelopment Agency Legislation OMNI CRA Resolution: CRA-R-18-0026 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.omnicra.com File Number: 4046 Final Action Date:4/18/2018 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") CHANGING THE COMMUNITY DEVELOPMENT CORPORATION TO BE INCLUDED IN THE AGREEMENT WITH 16 CORNER, LLC, A FLORIDA LIMITED LIABILITY CORPORATION, APPROVED PURSUANT TO RESOLUTION NO. CRA-R-18-0008 ADOPTED BY THE BOARD OF COMMISSIONERS ON FEBRUARY 22, 2018, TO MT. ZION DEVELOPMENTS, INC., A FLORIDA NOT FOR PROFIT CORPORATION; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO TAKE ANY AND ALL ACTIONS AND EXECUTE ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, IN ORDER TO ACCOMPLISH THE GOALS AS STATED HEREIN. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is tasked with reducing slum and blight within its boundaries; and WHEREAS, on February 22, 2018, the Board of Commissioners of the CRA approved and adopted Resolution No. CRA-R-18-0008 approving an affordable housing development project with 16 Corner, LLC, a Florida Limited Liability Company ("Project"); and WHEREAS, as part of the approval, the Board of Commissioners directed the Executive Director to work with St. Agnes Church Community Development Corporation ("St. Agnes") to complete the Project; and WHEREAS, the Board of Commissioners further instructed to the Executive Director to submit an alternate Community Development Corporation ("CDC") to the Board of Commissioners for consideration if St. Agnes was not suitable for the Project; and WHEREAS, the Executive Director is requesting that the CDC be changed to Mt. Zion Developments, Inc., a Florida not for profit corporation ("Mt. Zion"), to complete the Project; 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 herein as if fully set forth in this Section. Section 2. The Board of Commissioners of the CRA changes the CDC to be included in the agreement with 16 Corner, LLC, approved pursuant to Resolution No. CRA-R-18-0008 adopted by the Board of Commissioners on February 22, 2018, to Mt. Zion. City of Miami Page 1 of 2 File ID: 4046 (Revision:) Printed On: 8/29/2025 File ID: 4046 Enactment Number: CRA-R-18-0026 Section 3. The Executive Director is authorized to take any and all actions and execute any and all documents, in a form acceptable to the General Counsel, in order to accomplish the goals as stated herein. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: Barnaby I_. Min, Deputy City Attorney 4/24/2018 City of Miami Page 2 of 2 File ID: 4046 (Revision:) Printed on: 8/29/2025