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HomeMy WebLinkAboutOMNI CRA 2019-10-30 Agenda PacketCity of Miami 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Omni C R A Meeting Agenda Wednesday, October 30, 2019 5:00 PM Dorsey Memorial Library 100 NW 17th Street Miami, FL 33136 OMNI Community Redevelopment Agency Ken Russell, Chair, District Two Keon Hardemon, Vice Chair, District Five Wifredo (Willy) Gort, Board Member, District One Joe Carollo, Board Member, District Three Manolo Reyes, Board Member, District Four OMNI and MIDTOWN CRA OFFICE ADDRESS: 1401 N. Miami Avenue, 2"d Floor, Miami 33136 Phone: (305) 679-6868 www.miamicra.com OMNI Community Redevelopment Agency Meeting Agenda October 30, 2019 CALL TO ORDER OMNI CRA RESOLUTION(S) 1. OMNI CRA RESOLUTION 6721 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") ALLOCATING $750,000.00 TO A BUSINESS GRANT PROGRAM FOR THE PURPOSES OF BUSINESS DEVELOPMENT IN THE OMNI REDEVELOPMENT AREA FROM ACCOUNT NO. 10040.920501.883000; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS SOLELY IN HIS DISCRETION AS A GRANT, A LOAN TO BUSINESS ENTITIES, ON A REIMBURSEMENT BASIS TO BUSINESS ENTITIES, OR DIRECTLY TO VENDORS UPON PRESENTATION OF INVOICES AND/OR SATISFACTORY DOCUMENTATION TO QUALIFYING BUSINESSES IN ORDER TO DISBURSE FUNDS AS STATED HEREIN SUBJECT TO THE AVAILABILITY OF FUNDS; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN. 2. OMNI CRA RESOLUTION 6722 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE ISSUANCE OF A GRANT FROM 2019-2020 OMNI TAX INCREMENT BUDGET LINE ITEM 26 PAGE 5 IN AN AMOUNT NOT TO EXCEED $375,000.00 TO THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA TO EXPAND THE DOWNTOWN ENHANCEMENT TEAM INTO THE OMNI REDEVELOPMENT AREA FOR AN ADDITIONAL PERIOD OF ONE (1) YEAR ("PROGRAM"); AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY TO EFFECTUATE THE PROGRAM, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL. 3. OMNI CRA RESOLUTION 6715 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("OMNI CRA") AUTHORIZING THE ISSUANCE OF A GRANT IN AN AMOUNT NOT TO EXCEED NINE HUNDRED SEVENTY FIVE THOUSAND DOLLARS ($975,000.00) TO THE CITY OF MIAMI ("CITY") FOR COSTS ASSOCIATED WITH THE CAPITAL IMPROVEMENT OF THE TRAFFIC CIRCLE AT NORTH BAYSHORE DRIVE ("PROJECT") LOCATED WITHIN THE BOUNDARIES OF THE OMNI REDEVELOPMENT AREA WITH ALL WORK TO BE PERFORMED THROUGH THE CITY'S OFFICE OF CAPITAL IMPROVEMENTS; AUTHORIZING THE EXECUTIVE DIRECTOR TO APPOINT A REPRESENTATIVE FROM THE OMNI CRA TO BE ADVISED ON ALL PLANS AND PROPOSALS FOR THE PROJECT; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, AT THE EXECUTIVE DIRECTOR'S SOLE DISCRETION, UPON THE PRESENTATION OF SATISFACTORY INVOICES AND DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, ALL IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM 2019-2020 OMNI BUDGET LINE ITEM 31. OMNI Community Redevelopment Agency Page 2 Printed on 10/25/2019 OMNI Community Redevelopment Agency Meeting Agenda October 30, 2019 4. OMNI CRA RESOLUTION 6716 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE ISSUANCE OF A GRANT IN AN AMOUNT NOT TO EXCEED SIX HUNDRED NINETY THREE THOUSAND DOLLARS ($693,000.00) TO THE CITY OF MIAMI FOR COSTS ASSOCIATED WITH THE CAPITAL IMPROVEMENT OF NE 4TH AVE CRESCENT PARK ("PROJECT"), LOCATED WITHIN THE REDEVELOPMENT AREA, WITH ALL WORK TO BE PERFORMED THROUGH THE CITY OF MIAMI'S OFFICE OF CAPITAL IMPROVEMENTS; AUTHORIZING THE EXECUTIVE DIRECTOR TO APPOINT A REPRESENTATIVE FROM THE CRA TO BE ADVISED ON ALL PLANS AND PROPOSALS FOR THE PROJECT; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, SOLELY WITHIN THE EXECUTIVE DIRECTOR'S DISCRETION, UPON THE PRESENTATION OF SATISFACTORY INVOICES AND DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, ALL IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM 2019-2020 OMNI CRA BUDGET PAGE 5, LINE 31 ($25K), PAGE 5, LINE 27 ($356,937), AND THE REMAINDER FROM PAGE 4, LINE 13 ($311,063). 5. OMNI CRA RESOLUTION 6723 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 FINDING THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS PURSUANT TO SECTION 18-85(A) OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, AS ADOPTED BY THE CRA; WAIVING THE REQUIREMENTS FOR SAID PROCEDURES; AUTHORIZING THE ALLOCATION OF GRANT FUNDS FROM OMNI CRA TIF REVENUE 2019-2020 BUDGET RESERVE IN AN AMOUNT NOT TO EXCEED $100,000.00 TO THE SUNDARI FOUNDATION INC., D/B/A LOTUS HOUSE ("LOTUS HOUSE") TO UNDERWRITE A PORTION OF COSTS ASSOCIATED WITH THE "LOTUS HOUSE PROGRAM" ("PROGRAM"); AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY TO EFFECTUATE THE PROGRAM, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL. OMNI Community Redevelopment Agency Page 3 Printed on 10/25/2019 OMNI Community Redevelopment Agency Meeting Agenda October 30, 2019 6. OMNI CRA RESOLUTION 6717 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 WITH SUPPORTING DOCUMENTS ALLOCATING GRANT FUNDS OF $6,500,000.00 FOR A MIXED -USE PROJECT DEVELOPMENT OF PROPERTIES LOCATED AT 70 NE 17TH STREET, 90 NE 17TH STREET, AND 1642 NE 1ST AVENUE, MIAMI, FLORIDA, ALL LOCATED IN THE REDEVELOPMENT AREA, TO NR INVESTMENTS 11, LLC, SUBJECT TO THE CRA BEING ABLE TO SUCCESSFULLY SECURE FUNDING FROM A FINANCIAL INSTITUTION AND SUBJECT TO THE AVAILABILITY OF FUNDS; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN. 7. OMNI CRA RESOLUTION 6720 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE CRA TO REBATE TO NR INVESTMENTS 11, LLC ("GRANTEE") THE TAX INCREMENT FINANCE ("TIF") REVENUES GENERATED ONLY FROM THE DEVELOPMENT BY THE GRANTEE OF THE 17TH STREET APARTMENT PROJECT ("PROJECT") IN AN AMOUNT NOT TO EXCEED 95% OF THE TIF COLLECTED FROM THE PROJECT ANNUALLY OR $420,000.00 ANNUALLY, WHICHEVER IS LESS, PER YEAR UNTIL 2030, OR UNTIL 2047 IF THE LIFE OF THE CRA IS EXTENDED TO 2047, FOR A TOTAL AMOUNT NOT TO EXCEED $8,471,238.00, PAYMENT TO BEGIN UPON SUBSTANTIAL COMPLETION AND THE PROJECT RECEIVING A CERTIFICATE OF OCCUPANCY, SUBJECT TO THE RENTS BEING RESTRICTED UNTIL 2038, OR UNTIL 2047 IF THE LIFE OF THE CRA IS EXTENDED TO 2047; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO FURTHER NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, ALL IN A FORM ACCEPTABLE TO GENERAL COUNSEL. OMNI Community Redevelopment Agency Page 4 Printed on 10/25/2019 OMNI Community Redevelopment Agency Meeting Agenda October 30, 2019 8. OMNI CRA RESOLUTION 6724 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; ALLOCATING GRANT FUNDS IN THE NOT TO EXCEED TOTAL AMOUNT OF $696,000.00 FOR THE REHABILITATION OF THE PROPERTY LOCATED AT 1815 NW 1ST COURT, LOCATED IN THE CRA REDEVELOPMENT AREA TO CASA MIA APARTMENTS LLC, SUBJECT TO THE AVAILABILITY OF FUNDS; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL. 9. OMNI CRA RESOLUTION 6726 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE RELEASE OF THE DECLARATION OF RESTRICTIVE COVENANTS RUNNING WITH THE LAND REGARDING THE MIAMI WOMEN'S CLUB LOCATED AT 1737 NORTH BAYSHORE DRIVE, MIAMI, FLORIDA, EXECUTED IN FAVOR OF THE CRA, AND RECORDED AT BOOK 27102 AND PAGE 4686, ATTACHED AND INCORPORATED AS EXHIBIT "A"; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN. ADJOURNMENT OMNI Community Redevelopment Agency Page 5 Printed on 10/25/2019 OMNI Board of Commissioners Meeting October 30, 2019 1.1 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell Date: October 25, 2019 and Members of the CRA Board From: Jason Walker Executive Director File: 6721 Subject: Business Improvement Grant Program Enclosures: 6721 2020 Business Incentive Grant Application 6721 2020 Business Microgrant Application BACKGROUND: It is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached resolution authorizing an additional $750,000.00 in funding for Business Improvements within the Omni CRA area. JUSTIFICATION: Section 4.4, B., B-3 and D-5, at page 41 of the Plan, Section 4.4, D., A-2, at page 42 of the Plan and Section 4.4, E., D-7, at page 42 of the Omni Redevelopment Plan ("Plan"), respectively lists the creat[ion] of economic magnets to draw more businesses to the Omni area to compliment established business activities in the surrounding area, provide employment opportunities and upward job mobility, maximizing conditions for residents to live in the area, the elimination of conditions which contribute to blight, and minimizing condemnation and relocation as stated redevelopment objectives. Additionally, Page 97 of the Plan authorizes the CRA to engage in the encouragement of small business opportunities in the redevelopment area. Through this improvement program to businesses the CRA will be able to fulfill its redevelopment objectives. FUNDING: $750,000.00 allocated from Omni Tax Increment 2019-2020 Budget line item 33 Page 5. Packet Pg. 6 1.1 Trak Omni C R A City of Miami Legislation OMNI CRA Resolution OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 6721 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") ALLOCATING $750,000.00 TO A BUSINESS GRANT PROGRAM FOR THE PURPOSES OF BUSINESS DEVELOPMENT IN THE OMNI REDEVELOPMENT AREA FROM ACCOUNT NO. 10040.920501.883000; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS SOLELY IN HIS DISCRETION AS A GRANT, A LOAN TO BUSINESS ENTITIES, ON A REIMBURSEMENT BASIS TO BUSINESS ENTITIES, OR DIRECTLY TO VENDORS UPON PRESENTATION OF INVOICES AND/OR SATISFACTORY DOCUMENTATION TO QUALIFYING BUSINESSES IN ORDER TO DISBURSE FUNDS AS STATED HEREIN SUBJECT TO THE AVAILABILITY OF FUNDS; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within the Omni Redevelopment Area ("Area") in accordance with the 2010 Omni CRA Redevelopment Plan ("Plan"); and WHEREAS, Section 4.4, C., D-1, at page 41 of the Plan; Section 4.4, D., A02, at page 42 of the Plan; and Section 4.4, E., D-7, at page 42 of the Plan all list maximizing conditions for residents to live in the area, the elimination of conditions which contribute to blight, and minimizing condemnation and relocation as stated redevelopment objectives; and WHEREAS, Section 5 of the Plan titled "Projects and Strategies" also authorizes the CRA to further authorize "small business development through the creation of financial resource pools"; and WHEREAS, Page 97 of the Plan also authorizes the CRA to engage in the "encouragement of small business opportunities in the redevelopment area"; and WHEREAS, the Board of Commissioners of the CRA has previously allocated funds to programs that rehabilitate facades, small business improvements, and improvements to the quality of life within the Area; and WHEREAS, these programs have all been successful and have accomplished the goals and objectives of the Plan; and City of Miami Page 2 of 3 File ID: 6721 (Revision:) Printed On: 10/25/2019 Packet Pg. 7 1.1 WHEREAS, the Board of Commissioners wishes to allocate an additional $750,000.00 to a Business Program ("Program") to continue with similar programs in the Area; and WHEREAS, funds are available from Account No. 10040.920501.883000 for the Program, 2019-2020 Omni CRA budget line item 33 page 5; and WHEREAS, the Executive Director is requesting authority to disburse funds from the Program to eligible participants as a grant, as a loan, on a reimbursement basis, or directly to vendors upon presentation of invoices and satisfactory documentation without the need for further approval from the Board of Commissioners and within the Executive Director's sole discretion; 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 this Resolution are adopted by reference hereto and incorporated herein as if fully set forth in this Section. Section 2. The Program is hereby established with funds in the amount of $750,000.00 allocated from Account No. 10040.920501.883000, 2019-2020 Omni CRA budget line item 33 page 5. Section 3. The Executive Director is authorized to disburse funds in his sole discretion as either a grant, a loan, on a reimbursement basis, or directly to vendors upon presentation of invoices and satisfactory documentation to qualifying businesses. Section 4. The Executive Director is authorized to negotiate and execute any and all documents necessary to effectuate the Program, all in a form acceptable to the General Counsel. Section 5. This Resolution shall become effective immediately upon adoptions. APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ, GENERAL COUNSEL City of Miami Page 3 of 3 File ID: 6721 (Revision:) Printed On: 10/25/2019 Packet Pg. 8 1.1.a Omni C R A 2019-2020 CRA Business Incentive & Assistance Program Program Guidelines • Procedures • Application Program Description: The CRA Business Incentive & Assistance Program assists qualified business or property owners with building and property improvements that are directly related to opening of a new business, improving an existing business, remedying code violations, providing ADA access, assisting existing businesses struggling due to blight or natural disasters and eliminating blighting neighborhood conditions in the targeted areas of the Omni CRA. Business incentive & assistance funds may be used for improvements to properties that are not eligible for grant funding from other sources available in the area, or to supplement grant funds awarded by other agencies. Funds may not cross Omni CRA District Boundaries and are targeted at specific areas in the Omni CRA District. This program is a match assistance program requiring a 25% match from the property or business owner. The program has a project cap of $200,000. In addition to the required private match, the grant recipient is responsible for all project costs that exceed $200,000 provided by the CRA. The CRA may recommend and approve business funding at a lesser amount than requested. Awards are given subject to the availability of funds and based on priorities outlined below. Funds from this program are paid on a reimbursement basis or directly to the contractors performing the work upon the provision of satisfactory invoices to the CRA. All Grantees requesting grant funding must have at least three estimates from different Florida licensed general contractors. Program Areas and Priorities: While both Downtown Miami and the Wynwood area have benefited from the boom in commercial and residential development, areas within the CRA district have not seen the benefit of this investment. Various business corridors of the Omni CRA suffer from neglected properties and a general aesthetic that is not conducive for businesses to thrive in the community. The Omni CRA has prioritized improvements to properties within the limits of the boundaries of the entire Omni CRA district (see map). In the Omni CRA, priorities include projects that can use CRA funds to leverage other public and private investments and bring new business and restaurant/entertainment venues to distressed areas. In addition, this program seeks to bring needed improvement to the Multi -family residential units within the program boundaries. Since buildings with a high level of vacancy are eligible, the requirement of Certificates of Use, Occupational License and Fire Fee for each business location will be waived. Property owners using these funds cannot sell building for a period of five (5) years after rehabilitation work is complete. If the building is sold during the five-year period, the building owner will repay funds in full. Funds will be guaranteed by lien, mortgage or deed covenant tied to the property. All work must meet local neighborhood building/appearance codes and performed with applicable permits and inspections. Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Incentive Grant Application Packet Pg. 9 1.1.a Eligibility: These funds are usually not made for routine maintenance and should be part of a larger scope of improvements to the property or area. Additionally, the property should have an active or soon -to -be active business or residential use located on the property. Businesses who receive Business incentive funds must create one full-time or equivalent job for every $30,000 in awarded grant funds. CnmpletiOrn: All projects shall be completed within a 6-month period from the date the contract is signed. Extensions beyond the 6-month completion date can only be made with the approval of the CRA Director. Such approval shall be in writing and noticed to all parties. Project roceaures: CRA= CRA Staff; CNTR = Contractor; PROP = Property Owner; TNT = Tenant A) Application Process CRA meets with Tenant and/or Property Owner, verifies that the property is an eligible address and that the tenant/business and the improvements meet basic criteria for the CRA Business Incentive & Assistance Program. 1. Review Tenant Business Model — CRA 2. Review Improvement Activities funded by the program (Eligible Activities List) — CRA, TNT, PROP 3. Eligible Scope of Work and Budget is Prepared — CRA, TNT, PROP 4. Tenant and Property Owner prepare Application, attach Scope and Budget — TNT, PROP 5. BEFORE pictures are taken — CRA, TNT 6. Application is reviewed — CRA & CRA 7. Letter of Grant Award or denial is sent to Property Owner and/or tenant — CRA B) Contract Process A Contract outlining all conditions of receiving the grant, scope of work and all insurance requirements. Additional documents such as sub -contractor lists (for release of lien) and Work Authorization Form are used for project monitoring. 1. Tenant or Property Owner secures pricing (3 bids) and selects contractor (lowest bid wins) — TNT, PROP & CRA 2. Tenant submits contractor list and copies of estimates to CRA — TNT 3. DMP Prepares Contract with Scope of Work as exhibit — CRA 4. Contract is executed — CRA, TNT, CNTR 5. Work Authorization Form is executed — CRA, TNT, PROP 6. CRA may give 30% to the Contractor to begin the work (This amount is subject to the discretion of the CRA and may be amended) 7. Permits are pulled and work begins — TNT, CNTR 8. CRA monitors progress — CRA C) Project Completion Contractors are paid after all liens are released, the building permit is closed and a final invoice is submitted. 1. AFTER Pictures are Taken — TNT 2. Release of Lien letter for each contractor is obtained — TNT, CNTR 3. Closed Permit Report submitted — TNT, CNTR 4. Final Invoice Submitted for payment — CNTR 5. CRA makes the final payment to the Contractor Payment (2-4 weeks) — CRA Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Incentive Grant Application Omni CRA Business Incentive & Assistance Program 2019 — 2020 Packet Pg. 10 1.1.a Eligible Improvements: The general rule of thumb for improvements is that the improvement should remain with the property. Where special cases arise, the CRA staff will render a decision. Grant funds cannot be used for Fixtures, Furniture or Inventory. Generally acceptable improvements include but is not limited to: • Paint/Pressure Clean • Signage • Tile • Masonry/Stucco • Outdoor Hardscape Improvements (Fountains, Walkways, Pavers, Fencing, etc.) • Outdoor Landscape • Outdoor Lighting • Windows/Doors • Awnings • ADA Compliance (Restrooms/Entrances) • Interior Renovations or Buildout • Plumbing Upgrades • Mechanical Upgrades • Electrical Upgrades • Life/Safety (Fire) System Upgrades • Grease traps Contractor Requirements: All Contractors, working in the CRA Business Incentive & Assistance Program including Painters, Awning Companies, Shutter Companies, and Sign Companies must provide copies of the following documents when providing an estimate/bid for the project: 1. Contractor Certificate of Competency or License 2. Contractor's Current Liability Insurance Certificate and Workers Compensation Certificate. If exempt from Workers Comp Contractor must provide copy of exemption for each employee that will be working. NOTE: If awarded a contract, both insurances must have the CRA as the Certificate Holder with the address: 1401 N. Miami Ave., Miami FL 33136 and the Liability insurance MUST have the CRA as additional insured 3. Contractor and Manufacturer's Warranty (if applicable) 4. Building permit, Special Permit or Certificate of Compliance (except paint jobs) 5. Release of Lien (provided by CRA or Property Owner or Tenant) NOTARIZED Recipient will post and maintain in good condition a sign substantially similar to the sign hereto at the entrance of the Premises from the Effective Date (as defined herein) until three hundred sixty five (365) days after the Completion Date. Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Incentive Grant Application Omni CRA Business Incentive & Assistance Program 2019 — 2020 Packet Pg. 11 1.1.a CRA Business Incentive & Assistance Application Applicant Contact Information Business Name Contact Name Mailing Address Telephone Fax Email Property Ownership and Corporation Information Corporation Name Mailing Address Corporation Officers & Titles Date & State of Incorporation Tax ID# Project Location & Scope Project Address Folio# Year Built Total Retail (Sq. Ft.) Leased Retail (Sq. Ft.) Description of the business Scope of Work for entire project. Estimated Costs for entire project Estimated Start Date Estimated Completion Date Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Incentive Grant Application Omni CRA Business Incentive & Ass►stance Program 2019 — 2020 Packet Pg. 12 1.1.a Scope of CRA-Funding Request Description of Item Estimated Cost 1. 1. 2. 2. 3. 3. 4. 4. 5. 5. 6. 6. 7. 7. 8. 8. 9. 9. 10. 10. TOTAL As a current business owner in this community or a business seeking to improve business in this community, I wish to participate in the OMNI CRA BUSINESS ASSISTANCE MICROGRANT. I acknowledge that I have received a copy of the Microgrant Grant Program Procedures and will comply with all requirements should I be awarded a grant. Sign / Print Name of Business Owner Date / I acknowledge that Tenant, is seeking assistance using the OMNI CRA BUSINESS ASSISTANCE & INCENTIVE GRANT PROGRAM and that the general terms of their lease conform to the terms above. Should the applicant win a grant award, I understand that funds will be used to make improvements to my property. Sign / Print Name of Property Owner Date / Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Incentive Grant Application Omni CRA Business Incentive & Assistance Program 2019 — 2020 Packet Pg. 13 1.1.b Omni C R A 2019 Business Assistance Microgrant Program Guidelines - Procedures — Application Program Description: The Omni CRA Business Assistance Microgrant Program assists qualified business or property owners with costs that are directly related to opening of a new business, improving an existing business conditions, remedying code violations, providing ADA access, assisting existing businesses struggling due to business interference, blight, or disasters and eliminating blighting conditions in targeted areas of the Omni CRA. Business Assistance Microgrant funds may be used for improvements to properties that are not eligible for grant funding from other sources available in the area, or to supplement grant funds awarded by other sources. Priorities include projects that can use CRA funds to leverage other public and private investments and bring new business and restaurant/entertainment venues to distressed areas. Funds may not cross outside of Omni CRA District Boundaries and are targeted at specific areas in the Omni CRA District. The program has a project cap of $35,000. This amount may be exceeded in rare circumstances at the discretion of the Executive Director. In addition to a private match, the grant recipient is responsible for all business costs that exceed funding provided by the CRA. The CRA may recommend funding at a lesser amount, given that funds are awarded as available and based on priorities outlined below. Funds from this program are paid directly to the business owner or to the contractors performing the work after a competitive selection process. : Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Microgrant Application Packet Pg. 14 1.1.b Program Areas and Priorities: While parts of the Omni CRA's redevelopment area have benefited from the boom in commercial and residential development, some areas within the CRA district have not seen the benefit of this investment. The business corridors of the Omni CRA suffer from neglected properties and vacant properties and a general aesthetic that is not conducive for businesses to thrive in the community. The Omni CRA has prioritized improvements to properties within the limits of the boundaries of the entire Omni CRA district (see map), but may choose to focus on particular problem areas. Emergency Recovery & Business Interruption Microgrant Due to large number of infrastructure and other construction projects, power outages, burglaries, flooding, and other disaster -related interruptions in the changing neighborhoods of the Community Redevelopment Area, businesses and residents may face difficulty in remaining open, which can cause a negative cycle of blight and disinvestment. The CRA is committed to preventing the conditions causing Slum & Blight and is offering a microgrant to businesses or residents facing these problems. Grant award can be used to conduct quick repairs to damaged property, replace damaged or stolen equipment or infrastructure, increase signage, or defray other costs after or during a business interruption or emergency. Grantees are selected on a rolling basis at the discretion of the executive staff as funding permits. Employment Opportunity Microgrant Portions of the Omni CRA redevelopment area have a high underemployment rate. The CRA is intent on increasing employment opportunities in the district and raising the median income levels for residents and workers here. This microgrant is available to hire, train, and retain workers at businesses within the Omni CRA which serve the local community and increase quality of life and local activity. Grantees are selected on a rolling basis at the discretion of the executive staff as funding permits. Business owners using these funds are expected to commit to provide evidence of capacity to remain in business and compensate employees after the grant ends. Best efforts must be made to hire from the neighborhood, city, and then then county. Building Improvement Microgrant Due to the increased vacancies and the changing character of the neighborhoods in the CRA, it is often necessary to upgrade the infrastructure of a building to improve customer experience, change the use, add new AC, ventilation or sewer infrastructure, shift from temporary to permanent operation, or to make signage or aesthetic improvements to the property. Building Improvement Microgrants are available on a rolling basis, as funding permits, for businesses to make small improvements to the building, facade, landscaping, signage, or other improvements to the property. : Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Microgrant Application Omni CRA Microgrant Program 2019 — 2020 Packet Pg. 15 1.1.b Eligibility: These funds are usually not made for routine maintenance and should be part of a larger scope of improvements to the property or area. All Microgrants will be subject to insurance requirements as deemed necessary by the CRA. Any improved property should have an active or soon -to -be active business and/or residential use located on the property. • Emergency Recovery & Business Interruption Microgrant These funds will be issued in response to a documented business interruption, emergency or other unforeseen hardship resulting from natural disasters or blighted or disruptive neighborhood conditions. • Employment Opportunity Microgrant These funds will be issued so that local businesses wishing to ramp up hours, increase their visibility, or otherwise improve the quality or hours of service, or increase the number of employed staff members. Documentation of new employment will be required [see attached form]. • Building Improvement Microgrant These funds will be issued for businesses wishing to change the use of their building, to improve the aesthetics, visibility or accessibility of their business, or to add infrastructure and fixtures to allow them to better serve the neighborhood. Documentation of Improvements will be required [see attached form]. Completion: All projects and grant disbursements shall be completed within a 6-month period from the date the contract is signed. Extensions beyond the 6-month completion date can only be made with the approval of the CRA Director. Such approval shall be in writing and noticed to all parties. All Microgrant recipients will be required to prominently display signage acknowledging the CRA assistance. : Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Microgrant Application Omni CRA Microgrant Program 2019 — 2020 Packet Pg. 16 1.1.b Building Improvement Microgrant Project Procedures: CRA= CRA Staff; CNTR = Contractor; PROP = Property Owner; TNT = Tenant A) Application Process CRA meets with Tenant and/or Property Owner, verifies that the property is an eligible address and that the tenant/business meets basic criteria for the CRA Business Assistance Microgrant. 1. Review Tenant Business Model — CRA 2. Review Improvement Activities funded by the program — CRA, TNT 3. Eligible Scope of Work and Budget is Prepared — CRA, TNT, PROP 4. Tenant and Property Owner prepare Application, attach Scope and Budget — TNT, PROP 5. BEFORE pictures are taken and delivered to CRA— CRA 6. Letter of Grant Award or denial is sent to Property Owner and/or tenant — CRA B) Contract Process Contract includes scope of work exhibit. Additional documents such as sub -contractor lists (for release of lien) and Work Authorization Form are used for project monitoring. 1. Tenant or Property Owner secures pricing (3 bids) and selects contractor (lowest bid wins) — TNT, PROP & CRA 2. Tenant submits contractor list and copies of estimates to CRA — TNT 3. DMP Prepares Contract with Scope of Work as exhibit — CRA 4. Contract is executed — CRA, TNT, CNTR 5. Work Authorization Form is executed — CRA, TNT, PROP 6. CRA gives 40% to the Contractor to begin the work 7. Permits are pulled and work begins — TNT, CNTR 8. CRA monitors progress — CRA C) Project Completion Contractors are paid after all liens are released, the building permit is closed and a final invoice is submitted. 1. AFTER Pictures are Taken — TNT 2. Release of Lien letter for each contractor is obtained — TNT, CNTR 3. Closed Permit Report submitted — TNT, CNTR 4. Final Invoice Submitted for payment — CNTR 5. CRA makes the final payment to the Contractor Payment (2-4 weeks) — CRA : Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Microgrant Application Omni CRA Microgrant Program 2019 — 2020 Packet Pg. 17 1.1.b Employment Opportunity Microgrant Procedures The Employment Opportunity Microgrant is intended to further the employment of residents of the Omni CRA and improve ability of employers to expand services and pay living wages to their employees. The Omni CRA does not tolerate employment discrimination based on membership of any protected class. Documentation of non-discrimination in hiring must be provided to the CRA. The CRA may require the documentation of the following: • Help -Wanted Advertisements to be posted for the position open or previously filled positions • Current payroll records • Projected payroll with new hires • Workers Compensation insurance for all employees Hiring should be targeted at residents of the Omni CRA neighborhoods, including Omni, Overtown, Wynwood, and Edgewater; If best efforts to hire from those neighborhoods is unsuccessful hiring may take place from the City, and then the County. After an initial payment, all payments for the Employment Opportunity grant will be conducted on a reimbursement basis every two weeks pending proof of payment by ACH or Check. Proper payroll records must be kept during the course of the Microgrant. The Omni CRA reserves the right to terminate the Grant agreement for convenience at any time. : Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Microgrant Application Omni CRA Microgrant Program 2019 — 2020 Packet Pg. 18 1.1.b Employment Microgrant Projected Job Creation Form (Please note additional forms to be completed) Employment Verification Compliance Form for Job Creation Goals Job Title # of positions Existing/ New Position Projected/ Actual Hiring Date Part Time/ Full Time Hourly Pay Rate TOTAL certify that the information contained in this form is true and accurate. Business Name: Certified by: Signature of Business Owner Title Printed Name Date : Business Improvement Grant Program) N N. w Attachment: 6721 2020 Business Microgrant Application Omni CRA Microgrant Program 2019 — 2020 Packet Pg. 19 1.1.b Omni CRA Business Assistance Microgrant Annlication Applicant Contact Information Project Business Name Contact Name Mailing Address Telephone Fax Email Cogitation Information# Registered Corporation Name Mailing Address Corporation Officers & Titles Date & State of Incorporation Tax ID# IProject Location & Scope Property Owner Name Project Address Folio# Year Built Total Retail (Sq. Ft.) Leased Retail (Sq. Ft.) Description of the business Type of Microgrant Requested (check one) Employment Emergency/ Building Interruption Improvement Description of Grant Requested Estimated Start Date Scope of CRA-Funding Request Estimated Completion Date : Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Microgrant Application Omni CRA Microgrant Program 2019 — 2020 Packet Pg. 20 1.1.b Description of Item / Contractor or Supplier Estimated Cost 1. 1. 1. 2. 2. 2. 3. 3. 3. 4. 4. 4. 5. 5. 5. 6. 6. 6. 7. 7. 7. 8. 8. 8. 9. 9. 9. 10. 10. 10. TOTAL Acknowledgements III As a current business owner in this community or a business seeking to improve business in this community, I wish to participate in the OMNI CRA BUSINESS ASSISTANCE MICROGRANT. I acknowledge that I have received a copy of the Microgrant Grant Program Procedures and will comply with all requirements should I be awarded a grant. Sign / Print Name of Business Owner Date / (if building improvements will be included in scope of grant) I acknowledge that Tenant, is seeking assistance using the OMNI CRA BUSINESS ASSISTANCE MICROGRANT PROGRAM and that the general terms of their lease conform to the terms above. Should the applicant win a grant award, I understand that funds will be used to make improvements to my property. Sign / Print Name of Property Owner Date / : Business Improvement Grant Program) N ti w Attachment: 6721 2020 Business Microgrant Application Omni CRA Microgrant Program 2019 — 2020 Packet Pg. 21 OMNI Board of Commissioners Meeting October 30, 2019 1.2 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell Date: October 24, 2019 and Members of the CRA Board From: Jason Walker Executive Director File: 6722 Subject: 2019-2020 Purple Shirts Program Continuation Enclosures: 6722 CRA 2019-2020 Proposed Budget It is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("Omni CRA") approve and adopt the attached Resolution, authorizing the continuation of the Omni CRA's Purple Shirts program and providing for additional funding to the DDA for program expansion in the Omni Redevelopment Area for fiscal year 2019-2020. BACKGROUND: The CRA Board of Commissioners on June 30th, 2008 adopted and authorized the issuance of a grant to the Downtown Development Authority (DDA) for expansion of the Downtown Enhancement Team Program into the Media & Entertainment District in the Omni Redevelopment areas. The CRA Board of Commissioners also passed and adopted on December 1, 2016, CRA-R-16-0057 as well as on January 17th 2018 CRA-R-18-0007; and on September 12, 2018 CRA-R-18-0036 authorizing the issuance of a grant to the Downtown Development Authority (DDA) for expansion of the Downtown Enhancement Team Program into the Omni CRA area now fully established as the Purple Shirts Program. The program has been very successful since inception. The program has been providing skills training and employment for a number of residents in the area and has significantly helped in cleaning up the area. As a result of the program success, it is recommended that the program be continued for fiscal year 2019-2020 with the additional funding in the amount of $375,000.00. JUSTIFICATION: Section 4.4, B., D-5, at page 41 of the Plan, Section 4.4, C., D-1, at page 41 of the Plan, and Section 4.4, D., A-2, at page 42 of the Plan, respectively lists providing employment opportunities and upward job mobility for residents, maximizing conditions for residents Packet Pg. 22 to live in the area, and the elimination of conditions which contribute to blight as stated redevelopment objectives. This program substantially fulfills these requirements. 1.2 FUNDING: Funding allocated from Omni 2019-2020 Tax Increment Fund Budget line item 26 Page 5. City of Miami Page 2 of 4 File ID: 6722 (Revision:) Printed On: 10/25/2019 Packet Pg. 23 1.2 Trak Omni_ C R A City of Miami Legislation OMNI CRA Resolution OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 6722 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE ISSUANCE OF A GRANT FROM 2019-2020 OMNI TAX INCREMENT BUDGET LINE ITEM 26 PAGE 5 IN AN AMOUNT NOT TO EXCEED $375,000.00 TO THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA TO EXPAND THE DOWNTOWN ENHANCEMENT TEAM INTO THE OMNI REDEVELOPMENT AREA FOR AN ADDITIONAL PERIOD OF ONE (1) YEAR ("PROGRAM"); AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY TO EFFECTUATE THE PROGRAM, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL. WHEREAS, 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 Omni CRA Redevelopment Plan ("Plan"); and WHEREAS, Section 4.4, B., D-5, at page 41 of the Plan, Section 4.4, C., D-1, at page 41 of the Plan, and Section 4.4, D., A-2, at page 42 of the Plan, respectively list providing employment opportunities and upward job mobility for residents, maximizing conditions for residents to live in the area, and the elimination of conditions which contribute to blight as stated redevelopment objectives; and WHEREAS, the Downtown Development Authority of the City of Miami, Florida ("DDA") sponsors the Downtown Enhancement Team ("Yellow Shirts") within the boundaries of the Downtown District, which transitions formerly homeless individuals into the workforce while keeping the downtown area beautiful; and WHEREAS, the Board of Commissioners of the CRA previously adopted Resolution Nos. CRA-R-16-0057, CRA-R-18-0007, and CRA-R-18-0036 funding the expansion of the program into the redevelopment area called the "Purple Shirts" program; and WHEREAS, the Purple Shirts program has proved to be substantially successful in achieving the objectives of the CRA by providing training, jobs, and elimination of the slum and blighted conditions in the Redevelopment Area; and WHEREAS, the Board of Commissioners of the CRA would like to further expand the program and expansion for an additional one (1) year period; and WHEREAS, the Board of Commissioners of the CRA wishes to allocate grant funds from Account No. 10040.920501.883000 in an amount not to exceed $375,000.00 to the DDA to expand the Purple Shirts program further into the Redevelopment Area for an additional period of one (1) year ("Program"), allocating funds from Omni 2019-2020 Tax Increment Fund Budget Line item 26 Page 5; and City of Miami Page 3 of 4 File ID: 6722 (Revision:) Printed On: 10/25/2019 Packet Pg. 24 1.2 WHEREAS, the Executive Director is requesting authority from the Board of Commissioners of the CRA to negotiate and execute any and all documents necessary to effectuate the Program, all in a form acceptable to the General Counsel; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY: Section 1. The recitals and findings contained in the Preamble of this Resolution are adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The Executive Director is authorized to allocate grant funds from Account No. 10040.920501.883000, 2019-2020 Omni Tax Increment Fund Budget Line Item 26 Page 5 in an amount not to exceed $375,000.00 to the DDA to expand the Program in the Redevelopment Area for an additional period of one (1) year. Section 3. The Executive Director is authorized to execute any and all documents necessary to effectuate the Program, all in a form acceptable to the General Counsel. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ, GENERAL COUNSEL City of Miami Page 4 of 4 File ID: 6722 (Revision:) Printed On: 10/25/2019 Packet Pg. 25 1.2.a Downtown Enhancement Team Proposed Budget - CRA GRANT FY - 2019-2020 18 Member Crew (With 2 Supervisors) Item Personnel Field Crew Members Supervisor (Full-time - 40 hours) Salary (including benefits) Supervisor (Part-time - 32 hours) Salary (including benefits) Training Supervisory Training Classes Uniforms Polo Shirts (DDA / DET Custom) Trainee T-shirts Pants Hats (DDA/DET Custom) Personnel Subtotal Supervisor Subtotal Supervisor Subtotal Training Subtotal Uniforms Subtotal Equipment Brooms Dust Pans Trash Grabber Safety Vests Gum Scrapers Trash Bags (150 per case/ Each Case $ 35.05) Gloves (Latex) (100 per case/ Each Case $69.95) Safety Goggles Truck Truck Gas Truck Insurance Truck Parking* (Subject to approval) Weed Eater Leaf blower String for replacement - weed eaters Quantity Unit Cost Cost 18 $ 12,500.00 $ 225,000.00 $ 225,000.00 1 $ 40,000.00 $ 40,000.00 $ 40,000.00 1 $ 36,000.00 $ 36,000.00 $ 36,000.00 4 $ 200.00 $ 800.00 72 $ 20.00 $ 72 $ 10.00 $ 72 $ 20.00 $ 72 $ 10.00 $ $ 20 20 20 20 20 7500 2400 10 1 15 1 1 4 4 6 18.00 16.00 52.00 10.00 10.00 1,752.50 1,680.00 10.00 60.00 2,500.00 250.00 275.00 15.00 1,440.00 720.00 1,440.00 720.00 4,320.00 360.00 320.00 1,040.00 200.00 200.00 1,752.50 1,680.00 100.00 900.00 2,500.00 1,000.00 1,100.00 90.00 Attachment: 6722 CRA 2019-2020 Proposed Budget (6722 : 2019-2020 Purple Shirts Program Continuation) Packet Pg. 26 1.2.a hand pruners toppers hand saw pole saw Gas for equipment Misc Graffiti Removal Equipment (Each pack includes 20 wipes/Each pack $16.20) Paint 20 $ 45.00 $ 900.00 Paint Supplies 10 $ 25.00 $ 250.00 Camera for Supervisor 1 $ 350.00 $ 350.00 Memory Chip for Camera 1 $ 45.00 $ 45.00 Water 800 $ 3.50 $ 2,800.00 Misc . Supplies (As needed) $2,500.00 6 $ 20.00 $ 120.00 4 $ 30.00 $ 120.00 6 $ 33.00 $ 198.00 1 $ 125.00 $ 125.00 15 $ 60.00 $ 900.00 500 $ 16.20 $ 8,100.00 Equipment Subtotal $ 27,650.50 Administrative / Program Management 1 $ 30,000.00 $ 363,770.50 Attachment: 6722 CRA 2019-2020 Proposed Budget (6722 : 2019-2020 Purple Shirts Program Continuation) Packet Pg. 27 OMNI Board of Commissioners Meeting October 30, 2019 1.3 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell Date: October 24, 2019 and Members of the CRA Board From: Jason Walker Executive Director File: 6715 Subject: Contribution to the City of Miami for Traffic Circle Project within the OMNI CRA Enclosures: 6715 Scope for Traffic Circle 6715 PRF 0273_Google Map_Traffic Circle 6715 PRF 0273_Atlas Map BACKGROUND: It is recommended that the Board of Commissioners ("Board") of the Omni Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the issuance of a contribution to the City of Miami, in an amount not to exceed Nine Hundred and Seventy Five Thousand Dollars ($ 975,000.00), to the City of Miami, to underwrite costs associated with the City of Miami's Office of Capital improvements traffic Circle Project. JUSTIFICATION: Section 4.4, D., at page 42 of the 2009 Omni Redevelopment Plan lists the elimination of conditions which contribute to blight as a stated redevelopment objectives. Section 4.4, A, on page 41 of the CRA Redevelopment Plan lists that the CRA should "Provide for greater connectivity by diminishing the impact of existing urban barriers to redevelopment and promoting regional transportation." Also on page 161 Section 8.2, the CRA through funding and collaborative efforts now look to "Improve Transportation Amenities/Upgrades" and improve the "Elements contributing to a high quality environment," and, "Develop Pedestrian Corridors." This Resolution carries out the objectives of the Omni Redevelopment Plan. FUNDING: $975,000.00 allocated from 2019-2020 Omni Tax Increment Fund budget line item 31 Page 5. Packet Pg. 28 1.3 Trak Omni C R A City of Miami Legislation OMNI CRA Resolution OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 6715 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("OMNI CRA") AUTHORIZING THE ISSUANCE OF A GRANT IN AN AMOUNT NOT TO EXCEED NINE HUNDRED SEVENTY FIVE THOUSAND DOLLARS ($975,000.00) TO THE CITY OF MIAMI ("CITY") FOR COSTS ASSOCIATED WITH THE CAPITAL IMPROVEMENT OF THE TRAFFIC CIRCLE AT NORTH BAYSHORE DRIVE ("PROJECT") LOCATED WITHIN THE BOUNDARIES OF THE OMNI REDEVELOPMENT AREA WITH ALL WORK TO BE PERFORMED THROUGH THE CITY'S OFFICE OF CAPITAL IMPROVEMENTS; AUTHORIZING THE EXECUTIVE DIRECTOR TO APPOINT A REPRESENTATIVE FROM THE OMNI CRA TO BE ADVISED ON ALL PLANS AND PROPOSALS FOR THE PROJECT; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, AT THE EXECUTIVE DIRECTOR'S SOLE DISCRETION, UPON THE PRESENTATION OF SATISFACTORY INVOICES AND DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, ALL IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM 2019-2020 OMNI BUDGET LINE ITEM 31. WHEREAS, 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 its approved Redevelopment Plan ("Plan"); and WHEREAS, Section 4.4.D. at page 42 of the Plan lists the elimination of conditions which contribute to blight as a stated redevelopment objective; and WHEREAS, Section 4.4.A on page 41 of the Plan also lists that the CRA should "Provide for greater connectivity by diminishing the impact of existing urban barriers to redevelopment and promoting regional transportation;" and WHEREAS, the CRA wishes to complete the North Bayshore Drive Traffic Circle Project as a necessary redevelopment objective capital improvement project within the Redevelopment Area ("Project"); and WHEREAS, the Executive Director recommends that the CRA contribute $975,000.00 towards the City of Miami's ("City") budget for the Project; and WHEREAS, the Board of Commissioners wishes to authorize funding for the Project; City of Miami Page 2 of 3 File ID: 6715 (Revision:) Printed On: 10/25/2019 Packet Pg. 29 1.3 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 issuance of a grant in an amount not to exceed $975,000.00 to the City to underwrite costs associated with the Project is approved. Section 3. The Executive Director is authorized to disburse funds on a reimbursement basis or directly to vendors, solely in the Executive Director's discretion, upon presentation of invoices and satisfactory documentation. Section 4. The Executive Director is authorized to execute any and all documents necessary for said purpose, all in a form acceptable to General Counsel. Section 5. Funds are to be allocated from 2019-2020 Omni TIF Budget line item 31, page 5. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ, GENERAL COUNSEL City of Miami Page 3 of 3 File ID: 6715 (Revision:) Printed On: 10/25/2019 Packet Pg. 30 1.3.a Scope for N. Bayshore Drive Traffic Circle Per Office of Capital Improvements — August 2019 40-B30849 Major Items of Work Estimated Cost Roadway $ 617,000 Drainage 1 $ 222,000 Landscaping/Signing and Markings $ 127,000 Total Cost (Preliminary Estimate) $ 966,000 • Construct traffic calming device (Traffic Circle) • Construct new concrete curb & gutter • Construct drainage system for traffic circle area • Construct ADA compliant ramps • Install new pavement markings and signs • Miscellaneous utility adjustments • Miscellaneous landscaping Packet Pg. 31 realer MI amber o_firrn? Doupl ei r Hilton Gra:l 1.3.b Attachment: 6715 PRF 0273_Google Map_Traffic Circle (6715 : Contribution to the City of Miami for Traffic Circle Project within the OMNI CRA) Packet Pg. 32 504 4Aft:WDED P i C 111111 00 5 ,, F., ''-..?' . . !.• 4545443r..:.- ..4--- 44 . 45 - 45 ,,,-.,-..., • i4 C? kn.. 49 49 . 50 51 55. AT . • 54 35 ,. 56 4,54. '5.;41•4. • ASC TRACT 147/1.7"' (89-2/) vo 44' (4-147) RS N 17 4-14 [14 '..4iliiii2ED_RLAT ,Les 0-dims Axe. 47- 040' SU OMN/ /NTERNAT/ONAL (/02- 3) • :' . • .. 9 • 6 ,,, • 7 '4;1 • . .5 5 - . . 7 .. __. •• •Eir7.... 2 C'0 • - N.E. - 14, SE .4,72177 REVISIONS MUNICIPAL ATLAS CITY OF MIAMI 1445 mmirtilor 4444444, r"'tIrit . , LEGEND (/02-3) ()',IT•t (4-221 'n• e. •-• "- - EXPANDED VIEW 1.4.4 a• N... 145Eanona. • Mwrgek a • N.., etah pod a • - Aber.44.4 54444.4 444 arrt 4/ 044,1.44 • REVISIONS MUNICIPAL ATLAS • 1.3.c 2 0 a) § 5 1— E 15 45 a, 2 1— ID D. 45 45 45 r•-• 1,1 0 ce LcID _c 15 Packet Pg. 33 OMNI Board of Commissioners Meeting October 30, 2019 1.4 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell Date: October 24, 2019 and Members of the CRA Board From: Jason Walker Executive Director File: 6716 Subject: Contribution to the City of Miami for the NE 4th Avenue Crescent Park Project Enclosures: 6716 Crescent Park Improvements_Concept June 2019 BACKGROUND: It is recommended that the Board of Commissioners ("Board") of the Omni Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the issuance of a contribution to the City of Miami, in an amount not to exceed Six Hundred Ninety Three Thousand Dollars ($ 693,000.00), to the City of Miami, to underwrite costs associated with the City of Miami's Office of Capital improvements NE 4th Ave Crescent Park Project. JUSTIFICATION: Section 4.4, D., at page 42 of the 2010 Omni Redevelopment Plan lists the elimination of conditions which contribute to blight as a stated redevelopment objectives. Section 4.4, A, on page 41 of the CRA Redevelopment Plan lists that the CRA should "Provide for greater connectivity by diminishing the impact of existing urban barriers to redevelopment and promoting regional transportation." Also on page 161 Section 8.2, the CRA through funding and collaborative efforts now look to "Improve Transportation Amenities/Upgrades" and improve the "Elements contributing to a high quality environment," and, "Develop Pedestrian Corridors." This Resolution carries out the objectives of the Omni Redevelopment Plan. FUNDING: $693,000.00 allocated from 2019-2020 Omni Tax Increment Fund budget Page 5, line 31 ($25k), Page 5, line 27 ($356,937), and remainder from Page 4, line 13 ($311,063). Packet Pg. 34 1.4 Trak Omni C R A City of Miami Legislation OMNI CRA Resolution OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 6716 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE ISSUANCE OF A GRANT IN AN AMOUNT NOT TO EXCEED SIX HUNDRED NINETY THREE THOUSAND DOLLARS ($693,000.00) TO THE CITY OF MIAMI FOR COSTS ASSOCIATED WITH THE CAPITAL IMPROVEMENT OF NE 4TH AVE CRESCENT PARK ("PROJECT"), LOCATED WITHIN THE REDEVELOPMENT AREA, WITH ALL WORK TO BE PERFORMED THROUGH THE CITY OF MIAMI'S OFFICE OF CAPITAL IMPROVEMENTS; AUTHORIZING THE EXECUTIVE DIRECTOR TO APPOINT A REPRESENTATIVE FROM THE CRA TO BE ADVISED ON ALL PLANS AND PROPOSALS FOR THE PROJECT; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, SOLELY WITHIN THE EXECUTIVE DIRECTOR'S DISCRETION, UPON THE PRESENTATION OF SATISFACTORY INVOICES AND DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, ALL IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM 2019-2020 OMNI CRA BUDGET PAGE 5, LINE 31 ($25K), PAGE 5, LINE 27 ($356,937), AND THE REMAINDER FROM PAGE 4, LINE 13 ($311,063). WHEREAS, 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 its approved Redevelopment Plan; and WHEREAS, Section 4.4, D., at page 42 of the Plan lists the elimination of conditions which contribute to blight as a stated redevelopment objective; and WHEREAS, Section 4.4, A, on page 41 of the Plan also lists that the CRA should "Provide for greater connectivity by diminishing the impact of existing urban barriers to redevelopment and promoting regional transportation;" and WHEREAS, the CRA wishes to complete the Crescent Park Project ("Project") as a necessary redevelopment objective capital improvement project within the Redevelopment Area; and WHEREAS, the Executive Director recommends that the CRA contribute an amount not to exceed $693,000.00 to the City of Miami ("City") for the Project; and WHEREAS, the Board of Commissioners wishes to authorize funding for the Project; City of Miami Page 2 of 3 File ID: 6716 (Revision:) Printed On: 10/25/2019 Packet Pg. 35 1.4 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 issuance of a grant in an amount not to exceed Six Hundred Ninety Three Thousand Dollars ($693,000.00) to the City to underwrite costs associated with the Project is authorized. Section 3. The Executive Director is authorized to disburse funds to the City on a reimbursement basis or directly to vendors, solely within the Executive Director's discretion, upon presentation of invoices and satisfactory documentation. Section 4. The Executive Director is further authorized to negotiate and execute any and all documents necessary for said purpose, all in a form acceptable to General Counsel. Section 5. Funds are to be allocated from 2019-2020 Omni TIF Budget, Page 5, line 31 ($25k), Page 5, line 27 ($356,937), and the remainder from Page 4, line 13 ($311,063). Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ, GENERAL COUNSEL City of Miami Page 3 of 3 File ID: 6716 (Revision:) Printed On: 10/25/2019 Packet Pg. 36 DOG WASTE STATION LIGHT BOLLARDS (BLACK) Iv.l...d Wed ‘wvs., .n !IW 3N ain poi !uie!w LO.m�.iPm "PEPRIvuos: Vta) ew[ Mt,Iai10j s111.ui.n0.1IN d> >s .3 9le9.iu 1 uv EXISTING MEDIAN PROPOSED ILROYAL PALM PROPOSED MEDIAN PROPOSED COLORED CONC. PAVERS (COLOR MATCH TO MARGARET PACE PARK) PERGOLA (REPLICATE EXISTING) BENCHES BOG WASTE STATION LIGHT BOLLARDS (BLAC PERGOLA BENCH AND TRASH RECEPTACLE DOG WASTE STATION 1 BOLLARDS UPLIGHT CITY OF MIAMI - MARGARET PACE PARK - ENTRANCE MINIPARKS OFFICE OF CAPITAL IMPROVEMENTS - PARKS AND RECREATIONS DEPARTMENT OMNI Board of Commissioners Meeting October 30, 2019 1.5 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell Date: October 25, 2019 and Members of the CRA Board From: Jason Walker Executive Director File: 6723 Subject: Grant to The Sundari Foundation, Inc. d/b/a Lotus House Enclosures: 6723 Bid Waiver Memo 6723 Notice to the Public 6723 Lotus House Proposal BACKGROUND: It is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the issuance of a grant, in an amount not to exceed One Hundred Thousand ($ 100,000.00), to The Sundari Foundation, Inc. d/b/a Lotus House to underwrite a portion of the costs associated with the "Lotus House Program". JUSTIFICATION: Section 4.4, C., D-1, at page 41 of the Plan, Section 4.4, D., A-2, at page 42 of the Plan and Section 5.5, at pages 94-95 of the Plan, respectively list maximizing conditions for residents to live in the area, the elimination of conditions which contribute to blight, and strategies to improve human services delivery as stated redevelopment objectives. Lotus House is an entity that addresses the aforementioned issues in the Redevelopment Area and throughout the entire City of Miami and has sought funds from the OMNI CRA for the "Lotus Program within the Omni CRA" (Program"). Lotus House has a proven track record of helping the homeless population, especially disadvantaged women and children in particular the chronic homeless in the Redevelopment Area. The Program would further its efforts in this regard. The program would assist in providing temporary housing, shelter and human service deliveries including but not limited to support services and transportation of women and children in from the redevelopment area. Grant funds will be allocated from Omni CRA's 2019-2020 TIF Budget Reserves in an amount not to exceed $100,000.00 ("Funds"), to Lotus House to underwrite a portion of the costs associated with the Program. Packet Pg. 38 1.5 The objectives of the Plan would be furthered by the provision of additional services to the homeless population in the area, transportation services and temporary housing and shelter assistance and the elimination of slum and blight to increase the quality of life of residents in the area in the form of the Funds provided herein. This Resolution carries out the objectives of the Omni Redevelopment Plan. FUNDING: $100,000.00 allocated from 2019- 2020 Omni Tax Increment Fund Budget Reserve. City of Miami Page 2 of 5 File ID: 6723 (Revision:) Printed On: 10/25/2019 Packet Pg. 39 1.5 Trak Omni_ C R A City of Miami Legislation OMNI CRA Resolution OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 6723 Final Action Date: 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 FINDING THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS PURSUANT TO SECTION 18-85(A) OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, AS ADOPTED BY THE CRA; WAIVING THE REQUIREMENTS FOR SAID PROCEDURES; AUTHORIZING THE ALLOCATION OF GRANT FUNDS FROM OMNI CRA TIF REVENUE 2019-2020 BUDGET RESERVE IN AN AMOUNT NOT TO EXCEED $100,000.00 TO THE SUNDARI FOUNDATION INC., D/B/A LOTUS HOUSE ("LOTUS HOUSE") TO UNDERWRITE A PORTION OF COSTS ASSOCIATED WITH THE "LOTUS HOUSE PROGRAM" ("PROGRAM"); AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY TO EFFECTUATE THE PROGRAM, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL. WHEREAS, 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 Omni CRA Redevelopment Plan ("Plan"); and WHEREAS, Section 4.4, C., D-1, at page 41 of the Plan, Section 4.4, D., A-2, at page 42 of the Plan, and Section 5.5, at pages 94-95 of the Plan respectively list maximizing conditions for residents to live in the area, the elimination of conditions which contribute to blight, and strategies to improve human services delivery as stated redevelopment objectives; and WHEREAS, the ongoing issues related to homelessness, including chronic homelessness, have had a deleterious effect on the Redevelopment Area by inhibiting development and adversely impacting the quality of life of area residents; and WHEREAS, Lotus House, Inc. ("Lotus") is an entity that addresses the aforementioned issues in the Redevelopment Area and has sought funds from the CRA for the "Lotus House Program" ("Program"); and WHEREAS, Lotus has a proven track record of helping women and children who are at a disadvantage in the Redevelopment Area, in particular the chronic homeless as well as victims of domestic violence, and the Program would further Lotus' efforts in this regard by seeking temporary shelter, temporary housing, and human service deliveries to women and children in the Redevelopment Area; and WHEREAS, the requested grant is authorized pursuant to Section 163.370(2)(i), Florida Statutes, which states that Community Redevelopment Agencies are allowed "To develop, test, and report methods and techniques, and carry out demonstrations and other activities, for the City of Miami Page 3 of 5 File ID: 6723 (Revision:) Printed On: 10/25/2019 Packet Pg. 40 prevention and the elimination of slums and urban blight and developing and demonstrating new or improved means of providing housing for families and persons of low income"; and 1.5 WHEREAS, the Program is a program envisioned to reduce slum and blight and provide human services to women and children who are victims of domestic violence and who are in need of housing relocation, assistance, shelter, and services; and WHEREAS, the Board of Commissioners wishes to allocate grant funds in an amount not to exceed $100,000.00 ("Funds") from OMNI CRA 2019-2020 Budget Reserve to Lotus to underwrite a portion of the costs associated with the Program; and WHEREAS, the Board of Commissioners finds that the objectives of the Plan would be furthered by the provision of additional services to the homeless in the form of the Funds to Lotus for the Program; and WHEREAS, the Executive Director has made a written finding pursuant to Section 18- 85(a) of the Code of the City of Miami, Florida, as amended ("City Code"), as adopted by the Board of Commissioners by Resolution No. CRA-R-16-0042, that competitive negotiation methods and procedures are not practicable or advantageous to the CRA for allocating grant funds and underwriting a portion of the costs associated with the Program and has recommended to the Board of Commissioners that the finding be adopted and that competitive bidding methods and procedures be waived; and WHEREAS, the Executive Director is requesting authority from the Board of Commissioners to negotiate and execute any and all documents necessary to effectuate the Program, all in a form acceptable to the General Counsel; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY: Section 1. The recitals and findings contained in the Preamble of this Resolution are adopted by reference thereto and incorporated herein as if 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 finding that competitive negotiation methods and procedures are not practicable or advantageous to the CRA pursuant to Section 18- 85(a) of the City Code, as adopted by the CRA, and waiving the requirements for said procedures is ratified, approved, and confirmed. Section 3. The Executive Director is authorized to allocate the Funds from in an amount not to exceed $100,000.00 to Lotus to underwrite a portion of the costs associated with the Program. Section 4. The Executive Director is authorized to negotiate and execute any and all documents necessary to allocate the Funds for the Program, in a form acceptable to the General Counsel. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: City of Miami Page 4 of 5 File ID: 6723 (Revision:) Printed On: 10/25/2019 Packet Pg. 41 VICTORIA MENDEZ, GENERAL COUNSEL 1.5 City of Miami Page 5 of 5 File ID: 6723 (Revision:) Printed On: 10/25/2019 Packet Pg. 42 1.5.a Ken 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: October 30, 2019 SUBJECT: Recommendations and findings to waive competitive negotiation procedures per City Code, authorizing the allocation of Grant funds to the Sundari Foundation, Inc d/b/a Lotus House BACKGROUND: The Board of Commissioners of 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"). The CRA approved and adopted Resolution No. CRA-R-16-0040, authorizing the Executive Director to implement the findings of the Grand Jury Report for Miami -Dade County recommending that tax increment funds ("TIF") received by the CRA, be used primarily for removal of slum and blight, and assisting with affordable housing for families and individuals of low or moderate income. The Sundari Foundation, Inc. doing business as Lotus House ("Lotus House"), is the one of the best operated charities in South Florida, offering humanitarian services to the women and children indigent and homeless population. Lotus House possess a unique and highly specialized expertise in assisting chronic homeless and victims of domestic violence and offering shelter, temporary housing and mental health, as well as, substance abuse disorders treatment, through its Program ("Program"). Lotus House's mission critical belief that each human life is to be respected; providing all clients with dignified basic human needs such as temporary housing and shelter, food, clothes and shelter, specifically addresses deleterious effects to the CRA's redevelopment area. Lotus House requested aid from the CRA in the amount of $100,000 in grant funding, towards underwriting a portion of the costs associated with the Program, and furthering its efforts through the provision of additional services to the homeless. The Executive Director reviewed and vetted Lotus House's request, in accordance with the objectives of the Plan. OMNI COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI 1401 N. Miami Avel 2"d Floor' Miami, FL 33136 Tel (305) 679 68681 http://www.miami-cra.org/ Attachment: 6723 Bid Waiver Memo (6723 : Grant to The Sundari Foundation, Inc. d/b/a Lotus House) Packet Pg. 43 1.5.a RECOMMENDATION In light of the above mentioned, in addition to Lotus House's commitment to the principles identified in the CRA's Plan, and in consideration of the Executive Director's pledge to allocate grant funding to Lotus House, 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. OMNI COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI 1401 N. Miami Ave l 2nd Floor' Miami, FL 33136 Tel (305) 679 68681 http://www.miami-cra.org/ Attachment: 6723 Bid Waiver Memo (6723 : Grant to The Sundari Foundation, Inc. d/b/a Lotus House) Packet Pg. 44 1.5.b giguslIV glivr Omni CRA OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY NOTICE OF PUBLIC HEARING The Board of Commissioners ("Board") of the Omni Redevelopment District Community Redevelopment Agency ("CRA") will hold a Public Hearing on Wednesday October 30t", 2019 at 5:00 p.m. or thereafter at the Dorsey Memorial Library located at 100 NW 17' St, Miami, Florida 33136, to consider the award of grant funds to The Sundari Foundation, INC. d/b/a Lotus House., a legal entity authorized to transact business/render services in the State of Florida, for the "Lotus House Program" for the year 2019-2020. In accordance with the Board's 2010 Redevelopment Plan ("Plan") and Florida Statute Section 163, the Board will consider the funding, in an amount not to exceed $100,000.00 to underwrite a portion of the costs associated with the "Lotus House Program," envisioned to prevent and reduce slum and blight, and increase the quality of life and the provision of affordable housing of residents within the Omni CRA who are in need of temporary shelter and housing assistance. Inquiries regarding this notice may be addressed to Jason Walker, Executive Director, OMNI CRA, at (305) 679-6868. This action is being considered pursuant to Sections 18-85 (a) of the Code of the City of Miami, Florida as amended ("Code"). The recommendation and findings to be considered in this matter are set forth in the proposed resolution and in Code Sections 18-85 (a), which are deemed to be incorporated by reference herein, and are available as with the scheduled CRA Board meeting on Wednesday October 30t", 2019, at 5:00 p.m. or thereafter at the Dorsey Memorial Library located at 100 NW 17th St, Miami, Florida 33136. The CRA Board requests all interested parties be present or represented at the meeting and may be heard with respect to any proposition before the CRA Board, in which the Board may take action. Should any person desire to appeal any decision of the Board with respect to any matter considered at this meeting, that person shall ensure that a verbatim record of the proceedings is made, including all testimony and evidence upon which any appeal may be based (F.S. 286.0105). In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodations to participate in this proceeding may contact the Office of the City Clerk at (305) 250-5361 (Voice), not later than five (5) business days prior to the proceeding. TTY users may call (305) 250-5472, not later than five (5) business days prior to the proceeding. (OMNI CRA Seal) Todd B. Hannon Ad No. 30807 Clerk of the Board Attachment: 6723 Notice to the Public (6723 : Grant to The Sundari Foundation, Inc. d/b/a Lotus House) Packet Pg. 45 1.5.c To: Jason Walker, Omni CRA From: Constance Collins, Sundari Foundation, Inc. dba Lotus House Women's Shelter Re: Proposal for $100,000 for Supportive Emergency Shelter Dated: October 17, 2019 The Need — Domestic Violence is a Public Health Crisis The statistics show domestic violence is a public health crisis in our community. Over the period of 2008-2018, there were 106,706 reported domestic violence offenses in Miami - Dade County, including at least 247 murders/manslaughters, 2,871 forcible sex offenses, 22,532 aggravated assaults/stalking, and 81,056 other assaults and domestic violence related crimes.' For the same period 2008-2018 in the City of Miami, there were 27,511 reported domestic violence offenses in Miami, including 49 murders, 51 forcible sex offenses, 49 aggravated assaults/stalking, and 20,371 other assaults and domestic violence related crimes.2 Many more domestic violence crimes go unreported. Domestic violence is deadly. For the period of 1999-2017 (awaiting final 2018 fatality review), there were 1028 "domestic violence related"3 deaths in Miami -Dade County.' In 2017, over 10% of all homicides in Miami -Dade County were "domestic violence related" homicides.5 Domestic violence is also a lead cause of homelessness for women and children. According to multiple studies examining the causes of homelessness, among mothers with children, more than 80% had experienced domestic violence.6 Approximately one homeless woman in four is homeless mainly because of her experiences with violence.' 1 Florida Uniform Crime Report, Florida Department of Law Enforcement. Upon review, the Miami -Dade County Domestic Violence Fatality Review Team determined the number of homicides for 2008-2017 was 332, with an additional 127 domestic violence related suicides. 2018 Fatality Review Team analysis has not been received. 2 Ibid. 3 A domestic violence related death in one where the relationship between the victim and perpetrator is that of current or former spouse, family members (including those related by current or former marriage), persons presently or formerly in a romantic or intimate relationship (regardless of whether they have resided together in the past or present), or involving any significant others of persons presently or formerly in a romantic or intimate relationship. Additionally, this definition includes child deaths that result from abuse involving family violence and are ruled a homicide. 4 Miami -Dade County Domestic Violence Fatality Review Team from Medical Examiner Source Data 5 Miami Dade County Domestic Violence Fatality Review Team Breakdown of Homicide and Suicide Death Statistics, from Medical Examiner Source Data; Florida Uniform Crime Report, Florida Department of Law Enforcement, County and Medical Offense Data, 2017 6 Family & Youth Services Bureau, U.S. Department of Health and Human Services, numerous citations. See: https://www.acf.hhs.gov/fysb/resource/dv-homelessness-stats-2016. 7 Jasinski, J.L., Wesely, J.K., Mustaine, E. & Wright, J.D. (2005, November). The Experience of Violence in the Lives of Homeless Women: A Research Report. Washington, DC: National Institute of Justice. Attachment: 6723 Lotus House Proposal (6723 : Grant to The Sundari Foundation, Inc. d/b/a Lotus House) Packet Pg. 46 1.5.c From 2013 to date, more than 15,800 Miami -Dade residents who received homeless emergency shelter and other housing assistance reported fleeing domestic violence.8 The Omni CRA is no exception. Many women and children located within the boundaries of the Omni CRA are victims of domestic violence, intimate partner violence, violent crimes, trafficking and other serious, complex traumas. Solutions - Shelter and Supportive Services Are Life Saving An important study prepared for the National Institute of Justice by the National Resource Center on Domestic Violence, surveying domestic violence survivors and services in eight states, concluded that; "domestic violence shelters serve a critical need for people who have experienced abuse. The survivors who turn to domestic violence shelter programs have limited to no safe, supportive alternatives to their shelter stay. Without access to shelter, the survivors report that their situations would be dire: they would face substantial loss or continued abuse."' For many, such shelters are "life-saving."1D Without access to shelter, the consequences for victims are "homelessness, serious losses including children, continued abuse or death, or actions taken in desperation....[D]omestic violence shelters address compelling needs that survivors cannot meet elsewhere. Shelter programs provide a complex array of services to victims of abuse and their children; most prominent are safety, information help with children and help with emotional distress." 11 More Shelter Beds and Supportive Services are Urgently Needed At this date, Miami Dade County has only 3 certified domestic violence centers with a total county -wide capacity of approximately 164 beds and 28 cribs for 2.7 Million people.12 Since October 2016 when this data was tracked through April 2019, Safe Space turned away 2179 people seeking shelter.13 The Lotus House Women's Shelter is likewise forced regularly to turn away women and children in need in the absence of additional funding for shelter beds and supportive services. There is a serious shortage of shelter beds and supportive services for women and children who are victims of domestic violence and/or at risk of violence in Miami Dade County, the City of Miami and the Omni CRA, both in the near and long term foreseeable future. Access to safe, supportive shelter for women and children experiencing homelessness who are victims of violence is inimical to the quality of life of our entire community, including the Omni CRA, because lives are at stake. 8 Miami -Dade County Homeless Trust data, 2013 to August, 2018. 9 Lyon, E., Lane, S. & Menard, A. (October 2008). Meeting Survivors' Needs: A Multi -State Study of Domestic Violence Shelter Experiences. Washington, DC: National Institute of Justice, p.126 (emphasis added). See: https://www.ncjrs.gov/pdffiles1/niiigrants/225025.pdf. 10 Lyon, p. 16-17 (emphasis added). 11 Id. p.iv. 12 The population of Miami -Dade County has continued to increase since the last census and the Miami -Dade Metropolitan area is estimated to be the 4th largest in the nation, with an estimated 5.5 Million people. http://worldpopulationreview.com/us-cities/miami-population 13 Miami -Dade County Domestic Violence Oversight Board Attachment: 6723 Lotus House Proposal (6723 : Grant to The Sundari Foundation, Inc. d/b/a Lotus House) Packet Pg. 47 1.5.c Proposal for Additional Lotus House Funding for Victims of Violence With a proposal in hand from the Lotus House Women's Shelter to provide supportive shelter for women, youth and children, the Omni CRA is able to both leverage private philanthropic dollars and provide immediate much needed additional capacity for women, youth and children experiencing homelessness within the boundaries of and/or in immediate proximity to the Omni CRA. Many will be victims of domestic violence, intimate partner violence, trafficking, abuse, violent crimes and/or other complex traumas or at risk of such in the absence of supportive shelter. It is imperative to the quality of life in the Omni CRA that women and children experiencing homelessness who are victims of violence, trafficking, abuse, and crimes and/or at risk of such due to homelessness have safe, supportive shelter in which to heal and begin again. A complex array of supportive services are needed for victims of abuse and their children to break the cycle of violence and homelessness, most importantly safe, supportive shelter for women and their children, help for emotional distress, and affordable housing. The trauma -informed shelter and wrap around supports at Lotus House includes universal screening for children, evidence based therapies for victims of violence,14 child and family therapies to rebuild bonds of attachment broken by violence and help resolve trauma, resource coordination, job readiness training and educational supports, assistance with housing and a wide range of other assistance, to help women and children heal, reclaim their lives, and build the foundation for safer, brighter futures. The enriched therapeutic supports offered by Lotus House are essential to breaking the cycle of homelessness and violence and keeping these fragile families together. Lotus House has submitted a proposal to the Omni CRA for $100,000 for fiscal year October 1, 2019-September 30, 2020 to provide supportive shelter beds for women, youth and children experiencing homelessness within the boundaries of and/or in the immediate proximity to the Omni CRA, many of whom are victims and/or at risk of domestic violence, intimate partner violence, trafficking, abuse, violent crimes and/or other domestic violence related incidents, at a per diem rate of $23.36/night per person.15 Funding from the City for an average of 11.7 beds nightly equals $100,000 annually and will provide 4,280 shelter bed nights on an annual basis. While Lotus House already serves as a direct access point for victims of domestic violence in the homeless and domestic violence continua, this funding would open up access to shelter beds for victims referred directly by the City of Miami's Homeless Outreach teams, Miami's police department, the Lodge, Safe Space, and the Coordinated Victims 14 On the cutting edge nationally, Lotus House provides universal screening for all children, including: For Children: Battelle Developmental Inventory Screening Test (Glascoe, 2007), Child and Adolescent Trauma Screen (Sachser, 2016), and Eyberg Child Behavior Inventory (Eyberg & Pincus, 1999); For Mothers: Parenting Stress Index 4- SF (Abidin, R.R., 2012), Dyadic Parent - Child Coding System (Eyberg, Nelson, Duke, Boggs, 2004) and Clinical Interview. Evidence based therapeutic supports include: For Children and Families: Child -Parent Psychotherapy; Parent Child Interaction Therapy; and Trauma Focused Cognitive Behavioral Therapy; as well as Triple P Parenting Classes; For Women: Cognitive Behavioral Therapy and evidence based groups such as Seeking Safety and Say It Straight. " Per diem rate is equal to the existing contracted rates with Miami Dade Homeless Trust and approximately half the actual cost of shelter and supportive services. It is substantially lower than the rates paid by HHS and the Veterans Administration. Lotus House will raise the additional funding needed through grants, corporate sponsorships, and charitable giving. Attachment: 6723 Lotus House Proposal (6723 : Grant to The Sundari Foundation, Inc. d/b/a Lotus House) Packet Pg. 48 1.5.c Assistance Center and other victims services agencies, as well as Miami Dade Public Schools, the Department of Children and Families and the family courts - all of whom regularly seek victims' assistance for women and children located in, from, and/or in the immediate proximity to the Omni CRA. Summary— Increased Capacity and Ongoing Support for Victims In this proposal, the Omni CRA is able to private philanthropic capital investments creating additional shelter capacity in the Lotus House Women's Shelter, as well as its ongoing charitable fundraising for operations, to provide immediate assistance to Omni CRA victims of domestic violence, intimate partner violence, violent crimes, abuse and/or other domestic violence related incidents leading to homelessness. Recognizing victims cannot wait for solutions because lives are at stake, in this public -private partnership with Lotus House, we have a way to creatively provide important new resources to save and change lives for a safer, brighter future for our entire community. Scope of Work: 1) Beginning October 1, 2019, Sundari Foundation, Inc. dba Lotus House Women's Shelter ("Provider") will provide emergency shelter services at Lotus Village, 217 NW 15`h Street, Miami, Florida for women and children referred by City of Miami's Homeless Outreach teams, Miami's police department, the Lodge, Safe Space, the Coordinated Victims Assistance Center and other victims services agencies, Miami Dade Public Schools, as well as the Department of Children and Families and the family courts - all of whom regularly seek assistance for women and children located in, from, and/or in immediate proximity to, the Omni CRA. 2) The emergency shelter services ("Services") to be provided by Provider will include but not be limited to: • Emergency shelter beds (inclusive of the day of entry, but exclusive of the day of departure), together with toiletries and basic supplies; • Three (3) prepared meals offered daily; • Needs assessment and development of action plans for transition from homelessness to housing or other appropriate supportive living arrangements; • Resource coordination aka case management and social services advocacy for assistance in applying for benefits (e.g., SSI, VA TANF, Medicaid and other entitlements); • Children's needs assessments, child and families therapies, and parenting classes offered; • Participation in individual and/or group counseling offered; • Transportation assistance, when necessary, for health and social services appointments; Attachment: 6723 Lotus House Proposal (6723 : Grant to The Sundari Foundation, Inc. d/b/a Lotus House) Packet Pg. 49 1.5.c • Health, substance abuse and mental health screening and service linkages; • Medical and mental health care services linkages; • Referral to educational, recreational and vocational services as appropriate; • Referral to transitional, permanent and/or advanced care housing and follow up for at least ninety (90) days following placement. 3) All referrals for placement under this contract shall be made by the City of Miami's Outreach Team, Miami's police department, the Lodge, Safe Space, the Coordinated Victims Assistance Center and other victims services agencies, Miami Dade Public Schools, as well as the Department of Children and Families and the family courts, and documented with a homeless verification form. 4) Provider shall provide regular notification by email or call to the City's Homeless Outreach Team of bed availability for children and families. 5) Provider will provide flexible in -take times at the facility seven (7) days a week, subject to availability of staff and space. After hours placement may take place up to 10pm, with sufficient notice to ensure presence of qualified staff to conduct intake and admissions. Provider shall provide an orientation with the client of the facilities and programs within one business day after their entry into the shelter, subject to their cooperation. 6) Provider shall participate in the Homeless Management Information System (HMIS). Client information shall be updates as appropriate to ensure accurate service information. All client cases/records shall be closed promptly within the HMIS system for accurate services information. 7) Monthly progress reports produced by the HMIS system, invoices for services and client attendance rosters signed by the Executive Director of Provider shall be submitted to the City by the Provider for each month within 30 days after the month's close. 8) Provider shall participate in a monthly meeting with the City of Miami, if the City so desires, for purposes of reviewing client status, trainings and other matters relevant to the Contract. 9) Provider shall be reimbursed for Services at the rate of $23.36 per day per client so long as they are sheltered at Provider's facility. In the event a client's stay is anticipated to exceed 180 days, Provider shall notify the City's designee of the reasons therefor. If the City declines to provide an extension of time for such client, it shall make arrangements for an alternative placement such that Provider shall not be required to exit women and children to the street. 10) This contract is for $100,000, which is estimated to provide an average of 11.7 beds nightly depending on the ramp up and length of stay of clients referred, and subject Attachment: 6723 Lotus House Proposal (6723 : Grant to The Sundari Foundation, Inc. d/b/a Lotus House) Packet Pg. 50 1.5.c to increase by mutual agreement. Provider and City will monitor placements on a monthly basis and cumulatively. Attachment: 6723 Lotus House Proposal (6723 : Grant to The Sundari Foundation, Inc. d/b/a Lotus House) Packet Pg. 51 OMNI Board of Commissioners Meeting October 30, 2019 1.6 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell Date: October 25, 2019 and Members of the CRA Board From: Jason Walker Executive Director File: 6717 Subject: 4/5ths Bid Waiver for Allocation of Grant Funds to NR Investments 11, LLC Enclosures: 6717 Bid Waiver Memo 6717 Notice to the Public 6717 NR Investments 11 LLC_Final Grant and TIF Proposal 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 NR Investments 11, LLC company (NR Investments) submitted a grant proposal request to the CRA requesting the amount of $6,500,000.00 to underwrite a portion of the costs to develop a mixed -use project within the Omni CRA. NR Investments, a for profit entity, possesses a unique approach to this mixed -use development project consisting of ground floor office retail, ground floor commercial space and approximately 252 units of affordable housing. The principals of NR Investments have a history of successful development housing units in Miami- Dade County. This project also presents a unique approach and opportunity for a local government entity to collaborate on an affordable housing project that will also utilize the benefits of an Opportunity Zone initiative in the Omni CRA. This is a new way in which local government entities can collaborate and have a truly successful project that meets the need of the community. JUSTIFICATION: The 2010 Redevelopment Plan on page 41, Section C-2 lists the objective of the CRA to, "Provide incentives for the development of a variety of housing choices, including affordable, special needs and a workforce housing." Additionally on page 41, Section C titled, Variety of Housing", subsection D-3 specifically states the "Provision of incentives Packet Pg. 52 1.6 for the construction of new housing to attract downtown workers." The proposal is also consistent with Section D of the plan on page 42 Section D "Improvements to the Public Realm" "to "[e]nhance the areas' visual attractiveness to businesses and residents." This project is consistent with Florida Statute 163 and also the goals and objectives of the 2010 Omni CRA Redevelopment Plan. The NR Investment 11 LLC, proposal submitted will develop the group of properties with the following addresses at 70 NE 17th street, 90 NE 17th street and 1642 NE 1st avenue, Miami, Florida within the Omni CRA and now requests grant funding to underwrite a portion of the costs. 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. FUNDING: Subject to the availability of funds and subject to the Omni CRA being able to successfully secure funding for the project. City of Miami Page 2 of 5 File ID: 6717 (Revision:) Printed On: 10/25/2019 Packet Pg. 53 1.6 Trak Omni C R A City of Miami Legislation OMNI CRA Resolution OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 6717 Final Action Date: 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 WITH SUPPORTING DOCUMENTS ALLOCATING GRANT FUNDS OF $6,500,000.00 FOR A MIXED -USE PROJECT DEVELOPMENT OF PROPERTIES LOCATED AT 70 NE 17TH STREET, 90 NE 17TH STREET, AND 1642 NE 1ST AVENUE, MIAMI, FLORIDA, ALL LOCATED IN THE REDEVELOPMENT AREA, TO NR INVESTMENTS 11, LLC, SUBJECT TO THE CRA BEING ABLE TO SUCCESSFULLY SECURE FUNDING FROM A FINANCIAL INSTITUTION AND SUBJECT TO THE AVAILABILITY OF FUNDS; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is tasked with reducing slum and blight within its Redevelopment Area; and WHEREAS, On September 13, 2016, the CRA 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, NR Investments 11, LLC, a for profit entity ("Grantee"), submitted a request for grant funding to develop a mixed -use project consisting of ground floor retail, office space, and approximately 252 affordable housing units within the Redevelopment Area ("Project"); and WHEREAS, page 41, Section D-2 of the 2010 Redevelopment Plan lists the objective of the CRA to "[a]chieve rehabilitation of the maximum number of housing units" and to make "Improvements to the Public Realm" by "[enhancing] the areas' visual attractiveness to businesses and residents"; and WHEREAS, the 2010 Redevelopment Plan lists one of the overall visions of the CRA is "to create a variety of housing"; and City of Miami Page 3 of 5 File ID: 6717 (Revision:) Printed On: 10/25/2019 Packet Pg. 54 1.6 WHEREAS, the Project presents itself as one of the first opportunity zone projects identified within the Redevelopment Area, providing for a unique collaboration to meet the needs of the residents of the Redevelopment Area and fulfilling the 2010 Redevelopment Plan; and WHEREAS, page 42, Sections A-1 and A-3 of the 2010 Redevelopment Plan also states as an objective "Provide incentives for redevelopment of blighted properties;" and WHEREAS, the Project is proposed for the properties at 70 NE 17th Street, 90 NE 17th Street, and 1642 NE 1st Avenue, Miami, Florida within the Redevelopment Plan; and WHEREAS, the Grantee now requests grant funding for the Project in the amount of $6,500,000.00; and WHEREAS, the success of the Project will result in accomplishing the stated objectives of the 2010 Redevelopment Plan; and WHEREAS, based on the recommendation and findings 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; 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 findings 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 as not being practicable or advantageous to the CRA are waived. Section 3. The Executive Director is authorized to provide funding to the Grantee to underwrite a portion of the costs associated with the Project in the amount of $6,500,000.00, subject to the CRA being able to secure funding from a financial institution and subject to the availability of funds. Section 4. The Executive Director is further authorized to negotiate and execute any and all documents, all in a form acceptable to the General Counsel, for the purposes stated herein. Section 5. This Resolution shall become effective immediately upon its adoption. City of Miami Page 4 of 5 File ID: 6717 (Revision:) Printed On: 10/25/2019 Packet Pg. 55 APPROVED AS TO FORM AND CORRECTNESS: 1.6 VICTORIA MENDEZ, GENERAL COUNSEL City of Miami Page 5 of 5 File ID: 6717 (Revision:) Printed On: 10/25/2019 Packet Pg. 56 1.6.a Ken 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: October 30th, 2019 SUBJECT: Recommendations and and Findings to Waive Competitive Negotiation Procedures per City Code, authorizing the allocation of Grants funds to NR Investments 11 LLC for the development of properties located at 70 NE 17th ST, 90 NE 17th ST and 1642 NE 1st Ave, Miami, Florida. 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 NR Investments 11, LLC company ("NR Investments) submitted a grant proposal request to the CRA. NR Investments., a for profit entity, possesses a unique approach to affordable housing. The principals of NR Investments have a history of developing successful housing units in Miami- Dade County. Their proposal for development of this mixed use project consists of ground floor office retail, ground floor commercial space and approximately 252 units affordable housing. This concept is an ideal project for the Omni CRA area. The 2010 Redevelopment Plan on page 41, Section C-2 lists the objective of the CRA to, "Provide incentives for the development of a variety of housing choices, including affordable, special needs and a workforce housing." Additionally on page 41, Section C titled, Variety of Housing", subsection D-3 specifically states the "Provision of incentives for the construction of new housing to attract downtown workers." The proposal is also consistent with Section D of the plan on page 42 Section D "Improvements to the Public Realm" "to "[e]nhance the areas' visual attractiveness to businesses and residents." This project is consistent with Florida Statute 163 and also the goals and objectives of the 2010 Omni CRA Redevelopment Plan. Attachment: 6717 Bid Waiver Memo (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR Investments 11, LLC) Packet Pg. 57 1.6.a The plan also highlights working with private entities on page 42 A-1 to, "Provide incentives for redevelopment of blighted properties." NR Investments now requests grant funding for the development project in the amount of $6,500,000.00. 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. Attachment: 6717 Bid Waiver Memo (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR Investments 11, LLC) Packet Pg. 58 1.6.b Omni CRA OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY NOTICE OF PUBLIC HEARING The Board of Commissioners ("Board") of the Omni Redevelopment District Community Redevelopment Agency ("CRA") will hold a Public Hearing on Wednesday October 30th, 2019, at 5:00 p.m. or thereafter at the Dorsey Memorial Library located at 100 NW 17th St, Miami, Florida 33136, to consider the award of grant funds to NR Investments 11 LLC, a legal entity authorized to transact business/render services in the State of Florida, to underwrite a portion of the costs associated with the development of mixed use project consisting of affordable housing units in the Omni CRA. In accordance with the Board's 2010 Redevelopment Plan ("Plan") and Florida Statutes 163, the Board will consider the funding, in an amount not to exceed $6,500,000.00 to underwrite the expenditures and costs associated with the development of a mixed use project consisting of affordable housing units located at 70 NE 17th Street, Miami, Florida, 90 NE 17th Street, Miami, Florida and 1642 NE 1st Avenue, Miami, Florida, critical in the development of a mixed use project consisting of approximately 252 units of affordable housing units, within the CRA, envisioned to reduce slum and blight. Inquiries regarding this notice may be addressed to Jason Walker, Executive Director, OMNI CRA, at (305) 679-6868. This action is being considered pursuant to Sections 18-85 (a) of the Code of the City of Miami, Florida as amended ("Code"). The recommendation and findings to be considered in this matter are set forth in the proposed resolution and in Code Sections 18-85 (a), which are deemed to be incorporated by reference herein, and are available as with the scheduled CRA Board meeting of Wednesday October 30th, 2019, at 5:00 p.m. or thereafter at the Dorsey Memorial Library located at 100 NW 17th St, Miami, Florida 33136. The CRA Board requests all interested parties be present or represented at the meeting, and may be heard with respect to any proposition before the CRA Board, in which the Board may take action. Should any person desire to appeal any decision of the Board with respect to any matter considered at this meeting, that person shall ensure that a verbatim record of the proceedings is made, including all testimony and evidence upon which any appeal may be based (F.S. 286.0105). In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodations to participate in this proceeding may contact the Office of the City Clerk at (305) 250-5361 (Voice), not later than five (5) business days prior to the proceeding. TTY users may call (305) 250-5472, not later than five (5) business days prior to the proceeding. (OMNI CRA Seal) Todd B. Hannon Ad No. 30808 Clerk of the Board Attachment: 6717 Notice to the Public (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR Investments 11, LLC) Packet Pg. 59 1.6.c 1 NRINVESTMENTS Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR 1 111 PARK CENTRE BLVD #450 MIAMI, FL 33169 PHONE (305) 625 0949 NRINVESTMENTS,COM Packet Pg. 60 BERGER SINGERMAN 1.6.c October 15, 2019 Via Hand -Delivery Mr. Jason Walker, Executive Director Omni Community Redevelopment Agency Historic Firehouse #2, 2' Floor 1401 N. Miami Avenue Miami, FL 33136 Re: NR Investments 11 LLC — Tax Increment Rebate & Grant Proposal for 17`h Street Apartments Dear Mr. Walker: Our firm represents NR Investments 11 LLC (hereinafter, the "Applicant" or "Developer"), the owner of the property located within the Omni Community Redevelopment Agency ("CRA") boundaries at 70 & 90 N.E. 17' Street and 1642 N.E. lit Avenue, Miami, Florida, Miami, Florida (the "Property"). Developer formally submits the enclosed proposal for the CRA's consideration in support of a mixed -use project Developer intends to construct on the Property. The project will consist of ground floor retail (approx. 6,000 sq. ft.), office (approx. 30,000 sq. ft.), and 252 multi -family, residential rental units (the "Project"). In exchange for the CRA's financial support, as outlined hereinbelow, Applicant shall agree to restrict the rents of ALL 252 residential units within the Project through 2047 (assuming the anticipated extended life of the CRA extends at least through 2047) via the imposition of a Declaration of Restrictive Covenants (the "Covenant"). The Applicant's request of the CRA and proceeds realized pursuant to the rebate of property taxes equal to the percentage of the increase paid during the term of the agreement (the "Incentive Agreement") will be used to off -set the losses occasioned from the restricted rents and to off -set the costs of the City building permit fees, County water & sewer connection charges, and City & County impact fees. The proposal is consistent the strategic plan and goals of the CRA Redevelopment Plan (2019 Amendment) which seek to expand the supply of affordable and workforce housing within the CRA boundaries. Affordable and workforce housing units forming part of the Project will provide needed housing inventory to critical employees within the Miami market, including: (i) hospitality service workers; (ii) teachers (median annual salary: $46,000); (iii) police officers (avg. base annual salary: $53,715); (iv) firefighters (avg. annual salary: $54,9430; (iv) registered nurses (avg. annual salary: $56,925); and (v) recent college graduates (avg. starting salary: $50,004). We look forward to your favorable consideration of this request and the CRA board's approval of the same. Sincerely, jaNir E. Fer Javier E. Fernandez, Esq. Cc: Anthony Balzebre, Assistant Director lsiaa Jones, Esq., Chief Legal Officer Nir Shoshani, NR Investments, Inc. Terry Wellons, NR Investments, Inc. Kristofer Nelson, NR Investments, Inc. Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR 9366740-1 1450 BRICKELL AVENUE I SUITE 1900 I MIAMI, FLORIDA 33131 t. (305) 755-9500 I f (305) 714-4340 I WWW.BERGERSINGERMAN.COM Packet Pg. 61 1.6.c R 17th Street Apartments Project RATIONALE FOR CRA ASSISTANCE Miami's downtown skyline is a picture of construction, as new condos and apartments are built throughout our burgeoning City. But the expansion experienced in the current real estate cycle is misleading as the City faces one of the nation's most severe crisis of housing unaffordability stemming from the dual problem of high housing costs and comparably low wages. Today, Greater Miami's housing stock suffers from a significant supply mismatch. The local market has a glut of expensive housing and not nearly enough affordable housing. While we have seen the construction of expensive condos to the point of over -supply, not nearly enough affordable and workforce housing has been built to meet market's demand. While thousands of new housing units have been developed within the City and thousands more are slated for development within the CRA alone, most of the units built are market -rate or high -end luxury units. Further compounding the current mismatch is a lack of general housing starts in the metropolitan market. Only 4 percent of the metro area's housing units have been built since 2010. By contrast, some of America's most dynamic and fastest -growing metros have constructed more than 10 percent of their housing stock since 2010. While a new and growing community, Miami's housing supply is increasing at the pace of older, more built -out metropolitan areas, like Boston, and Rust -Belt metropolitan areas, like Cincinnati and St. Louis. Six in 10 employed adult residents of Greater Miami are housing cost -burdened, meaning they spend more than 30 percent of their incomes on housing — the highest rate of any large metropolitan area in the nation. Racial and ethnic minorities, as well as our community's low-income service workers, shoulder a disproportionate share of the burden of today's housing crisis. The following facts provide chilling insight into the scope and impact of the current crisis: • More than 40% of the Miami metro's households are renters — ranking 8th among all large U.S. metros on this metric. Between 2010 and 2016, Greater Miami has seen its proportion of renter households grow by nearly 2% annually. • Miami's renter population is disproportionately African American and Hispanic with 55% of black households and 48% of Hispanic households renting, compared with just over 25% of white households. • Greater Miami's median rents are increasingly unaffordable. As of October 2018, the median rent for Greater Miami was $2,095 — the eighth highest in the nation behind communities like Denver, Portland, Dallas and Austin. Said median rent requires an annual household income of not less than $83,800 for such rent to be "affordable" or for the household not to be "cost -burdened." • Miami's low-income service class — workers in low -skill jobs like retail, food service and home care which make-up more than 50 percent of the region's workforce — is severely cost -burdened. Miami's service class faces the greatest rental cost burdens among all classes with just under $11,000 in annual income left- over after paying rent — the 5r" worst rate among large metropolitan areas in the nation. • Miami has the highest proportion of cost -burdened renters in the nation by a significant margin. More than half (53%) of renters spend 35 percent or more of their household income on rent. Greater Miami's renters have the least amount of money left over after paying for housing of any large metro. Miami's renters have, on average, less than $16,000 left over after paying their rent. Far less than the $30,000 or so in take-home income that renters in Washington, D.C. and Boston have left over after paying for their housing. Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR 9366610-1 Packet Pg. 62 1.6.c R 17th Street Apartments Project CONSISTENCY WITH CRA REDEVELOPMENT PLAN Chapter 4 of the CRA proposed amendment to the Redevelopment Plan (2019) reaffirms the importance of the development of affordable housing to the economic vitality of the CRA. With regard to projects assisted by the CRA (from which it excepts projects it seeks to support to provide workforce, low, or very -low income housing), it identifies among its community benefits priorities the "inclusion of an appropriate amount of below -market rate units," specifically workforce housing units (at less than 140% AMI) and units for low-income residents (less than 80% AMI). Among the policy reasons articulated for such community benefits requirement are: (i) preservation of the affordability of the neighborhood; (ii) prevention of existing resident displacement; and (iii) provide area workers an opportunity to live near work. On page 4-32 of the amended Redevelopment Plan, the CRA has noted that housing affordability is one of the key programs for the CRA to undertake. A thriving community is one where residents in all phases of life with varying types of employment can live in one area. To that end, the CRA outlined the following programmatic methods it can employ to increase the supply of affordable housing: To Assist For -Profit Housing Providers in the CRA could: 2) Pay some portion of development costs such as impact or permit fees 3) Provide a direct cash subsidy in the form of a rebate equal to a percentage of the increases in taxes paid over a defined period of time after completion if affordable units are provided. In addition to the above programmatic methods to expand the supply of affordable housing, the CRA has identified the following goal on page 5-56 of the Redevelopment Plan: 6) Housing Affordability — The CRA should fund established and creative new ways to increase the stock of workforce and lower income affordable housing within the district. GOALS: a) Create project -specific developer incentives to ensure that new or significantly redeveloped residential projects in the CRA contain a sufficient number of units that are affordable to the target populations. The Project and accompanying request seek financial support from the CRA to underwrite the development of residential units, specifically for low-income and workforce households, and asks the CRA to provide the Applicant with a project -specific incentive. Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR 1111 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 63 1.6.c R 17th Street Apartments Project PROJECT DESCRIPTION The Developer proposes to enter into a public -private partnership with the CRA to advance its goal of developing much -needed affordable and workforce housing units within the redevelopment area. Applicant proposes to construct a 29-story tower on land it purchased over the course of the last three years which will consist of a mixed -use project comprised of the following elements: (i) 252 multi -family residential units; (ii) approximately 30,000 sq. ft. office use; and (iii) approximately 6,000 sq. ft. of ground floor commercial use (the "Project"). Applicant proposes to assist the CRA in advancing its Redevelopment Plan goal by restricting rents of ALL the residential units within the Project through the life of the CRA is outlined hereinbelow. The rent restrictions proposed will ensure that the Developer make residential units available to low-income households and households who can afford "workforce" rents, more specifically teachers, police officers, firefighters, nurses, and recent college graduates, among other professions. The Project represents the Developer's latest investment in the Omni "Arts + Entertainment District" — a dynamic urban residential neighborhood connecting the CRA & downtown Miami with the Wywood Arts District and the Design District. With the surrounding growth, the Arts + Entertainment District has seen growth in its residential, culinary, entertainment and nightlife offerings, but substantial land remains undeveloped and a number of buildings remain dilapidated within the district evidencing the continued "slum & blight conditions" within the CRA. Applicant's CANVAS project, a new art -inspired condominium offering a "bohemian luxe" lifestyle immersed in the local art, culinary & cultural scene, has served to anchor the district's ascendant trajectory. Beyond its project investments within the redevelopment area, NR Investments, Inc., has invested approximately $2 million in efforts to beautify the Arts & Entertainment District, attract new businesses and retailers to the area, and deliver high -quality arts, music and community programming, including "The Miami Flea," a pop- up market, and a "Moonlight Grooves," a music series held on CANVAS's backyard, among others. Given the Project's location just north of downtown Miami, it is conveniently accessible via multiple modes of transit, including: (i) the MetroMover via the "School Board Station" on N.E. 15th Street; (ii) the City's free trolley system; and (iii) Virgin Trains' service at Grand Central Station. The inclusion of the proposed affordable and workforce dwelling units in the Project will provide residents convenient access to employment opportunities via mass transit servicing greater downtown Miami area and portions of the South Florida region via inter -city passenger rail service. Illustrative Project renderings and floor plans are enclosed as Exhibit "A". Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR 1111 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 64 1.6.c rRi 17th Street Apartments Project REQUESTED PROJECT ASSISTANCE Given that the term of the life of the CRA remains as -yet undetermined, the Applicant makes the following request and alternate proffer of affordability based on the two (2) potential dates upon which the CRA may terminate: 2047 CRA Expiration Date' • Proposed Residential Restrictions: Applicant proposes to rent -restrict 252 residential dwelling units — 177 studio dwelling units and 75 one -bedroom dwelling units — as set forth in the "Project Infonnation Sheet" attached hereto as Exhibit "B." Said rent -restrictions will be remain in place from the date the Residential portion of the Project is placed in-service (as evidenced by the issuance of a temporary certificate of occupancy or certificate of occupancy for a residential dwelling unit) through the date of the CRA's anticipated term extension (2047). The Applicant will be permitted to adjust the maximum rent per unit for each unit type consistent with the rate schedule adopted by the Corporation for "Multifamily Rental Programs" for Miami -Dade County. The Developer will impose a Covenant setting forth the rent restrictions and the minimum number of rent -restricted units by type. The Covenant shall grant the enforcement rights to the CRA through the extended term of the CRA (2047). • Requested Financial Assistance: Applicant requests a cash grant of $6_5 million (approximately $26,000 per unit) and a rebate of 95% of the TIF collected by the Omni CRA. Developer anticipates that the rebated tax increment will amount to approximately $8.5 million in gross receipts (or $3_9 million in present value) to off -set the estimated $18 million in rent losses (gross) ($8.3 million in present value) and the more than $3.2 million in estimated permit fees, water & sewer connection charges, and impact fees to be assessed at the initiation of the Project. Applicant requests that the cash grant be provided at time of the issuance of the Project building permit. See Exhibit "C" attached hereto. This proposal anticipates the CRA will be extended at least through 2047. If the CRA is not extended beyond the current expiration of 2030, the Developer respectfully requests to receive the same cash grant and rebate rate. Accordingly, the Developer will continue to restrict all 252 Units through 2038 (8 years beyond the current term of the CRA), but will restrict 19 fewer units at the lowest three (3) rent levels. Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR 1111 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-2 Packet Pg. 65 1.6.c R 17th Street Apartments Project APPLICANT EXPERIENCE & QUALIFICATIONS NR Investments 11 LLC, is a subsidiary of NR Investments, Inc. ("NR"), a privately held real estate investment company. Each of the company's principals and senior executives has extensive experience in real estate capital markets, acquisition, asset management, development, construction and risk management. NR believes in fostering cultural movements and communities in undiscovered areas, and in making their buildings the beacons of their renaissance. NR specializes in acquiring developing, repositioning, and managing real estate assets in major markets throughout the world. The company has acquired more than 10 million square feet of office and residential space across the globe. Over the past 18 years, NR has purchased, developed, repositioned and sold over $700 million of multifamily and commercial real estate assets. Recent Development Experience • Filling Station Lofts: In January 2013, NR stepped back into the Miami market with the acquisition and subsequent completion of the Filling Station Lofts, an 81-unit loft -style apartment building. • CANVAS Condominiums: In November 2013, NRI closed on the 1.07 acre CANVAS condominium site. NR constructed a 37-story, 513 unit residential condominium tower that received its final certificate of occupancy (C.O.) in 2018 and has to -date sold -out approximately 95% of its residential units. • 1e Street Development: In May 2014, NR closed on the 0.78-acre "14th Street" development site. The project remains in the planning stages with the expectation of a mixed -use tower with more than 500 residential dwelling units. Qualifications of Principals • Nir Shoshani — Principal. Prior to forming NR in 2001, Mr. Shoshani held the title of President at TiS America, Inc., a subsidiary of Top Image Systems Ltd. (NASDAQ: TiSA), a publicly traded, high-tech firm headquartered in Israel with operations around the globe. Mr. Shoshani is a graduate of the Belgrano School of Business in Buenos Aires. • Ron Gottesmann — Principal. Prior to forming NR in 2001, Mr. Gottesmann worked as a mortgage broker overseeing the operation of CFI Mortgage Bankers Inc. of New York. With Mr. Shoshani, Mr. Gottesmann leads NR which today is a fully integrated development firm which owns and manages a wide variety of real estate, including large scale office buildings, commercial shopping centers, and multi -family housing. Under Mr. Gottesmann's leadership, the firm has maintained a consistent focus on property repositioning via the acquisition of underperforming buildings in high visibility locations rehabilitating them to their full potential through extensive renovation and management restructuring. • Terry Wellons — C.O.O. Mr. Wellons serves as the Chief Operating Officer at NR. He leads the United States team directing a group of highly experienced attorneys, accountants and portfolio and property managers. He has a background in finance and as a real estate attorney, serves as lender's counsel and representing buyers and sellers of real estate, aids NR in each aspect of NR's business, effectively negotiating and gauging the legal and financial risks involved with each transaction. Mr. Wellons holds a degree in finance from Florida International University and a law degree from Nova Southeastern University. Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR 1111 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 66 1.6.c N 17th Street Apartments Project EXHIBIT "A" PROJECT RENDERINGS & FLOOR PLANS 1111 PARK CENTRE BLVD #450, MEAMI, FL 33169 PHONE (305) 625 0949 ENVESTMENTS.COM Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR Packet Pg. 67 PROPERTY RENDERINGS PROPERTY RENDERINGS PROPERTY RENDERINGS PROPERTY RENDERINGS PROPERTY RENDERINGS 1.6.c h H 17rh Street Apartments Project EXHIBIT "B" Omni CRA Tax Increment Recapture Agreement Project Information Sheet Developer/Applicant: NR Investments 11 LLC Contact Person: Terry Wellons, C.O.O. Telephone: (305) 625-0949 E-mail: terry@nrinvestments.com Project Counsel: Phone: E-mail: Project Address: Javier E. Fernandez, Esq. Berger Singerman LLP 1450 Brickell Avenue, 19" Floor Miami, FL 33131 (305) 982-4088 jfernandez _,bergersingmerman.com 70 & 90 N.E. 17' Street and 1642 N.E. 1't Avenue, Miami, Florida Property Information Prior Year Taxable Values Folio Numbers Existing Building Size Lot Size 2019 2018 2017 01-3136-005-0320 4,451 sq. ft. 5,250 sq. ft. $877,250 $797,500 $869,535 01-3136-005-0310 3,743 sq. ft. 4,775 sq. ft. $900,410 $818,555 $798,098 01-3136-005-0330 0 sq. ft. 12,600 sq. ft. $1,428,889 $1,298,990 $1,180,900 Total: 8,194 sq. ft. 22,625 sq. ft. $3,206,549 $2,915,045 $2,848,533 Type of Project: Construction Commencement: Project Construction Completion Date: Project Construction Cost: Estimated Adj. Taxable Value (TIF Basis): $38,664,474 Mixed Use (Retail, Office, Multi -Family Residential) July 1, 2020 January 1, 2023 Residential Square Footage: Office Square Footage: Retail Square Footage: $41,871,023 218,369 sq. ft. 30,019 sq. ft. 4,583 sq. ft. Property Acquisition Date: September 2016 and April 2019 Total Acquisition Cost: $4,775,000 Projected Residential Rent (Per Unit Type): Studio - $1,721 / 1BD - $2,094 Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR 1 11 1 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 73 1.6.c h H 17th Street Apartments Project Proposed Affordability Restrictions: 2047 Unit Type Total Units Maximum Rent Studio 18 $889 Studio 9 $1.186 Studio 9 $1,483 Studio 52 $1,179 Studio 89 $2.075 1BD 8 $953 1BD 4 $1,271 1BD 4 $1,589 1BD 23 $1,906 1BD 36 $2,224 Total: 252 - Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR 1 11 1 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 74 1.6.c N 17th Street Apartments Project EXHIBIT "C" FINANCIAL ANALYSIS 1111 PARK CENTRE BLVD #450, MEAMI, FL 33169 PHONE (305) 625 0949 ENVESTMENTS.COM Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Allocation of Grant Funds to NR Packet Pg. 75 NR Investments 11 LLC Project: 17th Street Apartments 2047 Financial Analysis CRA/Developer Retainage: 95% Growth Rate: 1.02 Millage Rate Taxable Value (2019) Taxable Value (@ C.O.) Adj. Taxable Value Tax Receipts (Net) CRA TIF (95%) CRA Retained TIF (65%) County Clawback (35%) Miami- Municipal Operating 7.4365 $3,206,549 $41,871,023 $38,664,474 $287,528 $273,152 $177,549 $95,603 Miami -Dade County -Operating 4.6669 $3,206,549 $41,871,023 $38,664,474 $180,443 $171,421 $111,424 $59,997 Total Receipts: $467,972 $444,573 $288,972 $155,601 Tax Years 2023 2024 2025 2026 2027 2028 2029 2030 Total TIF to CRA: $288,972 $294,752 $300,647 $306,660 $312,793 $319,049 $325,430 $331,939 $2,480,242 TIF to Developer: $274,524 $280,014 $285,615 $291,327 $297,153 $303,096 $309,158 $315,342 $2,356,230 TIF to Developer (PV): $225,851 $219,399 $213,130 $207,041 $201,125 $195,379 $189,796 $184,374 $1,636,095 Tax Years 2031 2032 2033 2034 2035 2036 2037 2038 Total TIF to CRA: $321,648 $328,081 $334,643 $341,336 $348,163 $355,126 $362,228 $369,473 $2,760,699 TIF to Developer: $305,566 $311,677 $317,911 $324,269 $330,754 $337,370 $344,117 $350,999 $2,622,664 TIF to Developer (PV): $170,151 $165,289 $160,567 $155,979 $151,522 $147,193 $142,988 $138,902 $1,232,591 Tax Years 2039 2040 2041 2042 2043 2044 2045 2046 2047 Total TIF to CRA: $376,862 $384,400 $392,088 $399,929 $407,928 $416,087 $424,408 $432,896 $441,554 $3,676,153 TIF to Developer: $358,019 $365,180 $372,483 $379,933 $387,532 $395,282 $403,188 $411,252 $419,477 $3,492,345 TIF to Developer (PV): $134,934 $131,078 $127,333 $123,695 $120,161 $116,728 $113,393 $110,153 $107,006 $1,084,482 Total TIF to CRA: $8,917,093 TIF to Developer: $8,471,238 TIF to Developer (PV): $3,953,167 Avg. Market Rent (Studio): $1,747 Target Market Rent (1BD): $2,224 Total Units Total Studio Units Max. Studio Rent Studio Rent Loss P/U Yearly Studio Rent Loss Total 1BD Units Max. 1BD Rent 1BD Rent Loss Yearly 1BD Rent Loss 26 18 $889 ($858) 085,328) 8 $953 ($1,271) ($122,016) 13 9 $1,186 ($561) ($60,588) 4 $1,271 ($953) ($45,744) 13 9 $1,483 ($264) ($28,512) 4 $1,589 ($635) ($30,480) 75 52 $1,779 $0 $0 23 $1,906 ($318) ($87,768) 125 89 $2,075 $0 $0 36 $2,224 $0 $0 Total Studio Rent Loss: ($274,428) Total 1BD Rent Loss: ($286,008) Tax Years 2023 2024 2025 2026 2027 2028 2029 2030 Annual Rent Loss: ($560,436) ($571,645) ($583,078) ($594,739) ($606,634) ($618,767) ($631,142) ($643,765) ($4,810,205) Annual Rent Loss (PV): ($461,072) ($447,899) ($435,101) ($422,670) ($410,594) ($398,862) ($387,466) ($376,396) ($3,340,061) Tax Years 2031 2032 2033 2034 2035 2036 2037 2038 Annual Rent Loss: ($656,640) ($669,773) ($683,168) ($696,832) ($710,768) ($724,984) ($739,483) ($754,273) Annual Rent Loss (PV): ($365,642) ($355,195) ($345,046) ($335,188) ($325,611) ($316,308) ($307,271) ($298,491) Tax Years Total ($5,635,922) ($2,648,752) 2039 2040 2041 2042 2043 2044 2045 2046 2047 Total Annual Rent Loss: ($769,359) ($784,746) ($800,441) ($816,449) ($832,778) ($849,434) ($866,423) ($883,751) ($901,426) ($7,504,807) Annual Rent Loss (PV): ($289,963) ($281,678) ($273,631) ($265,813) (5258,218) ($250,840) ($243,673) ($236,711) ($225,439) ($2,325,967) Total Rent Loss: ($17,950,933) Total Rent Loss (PV): ($8,314,780) Net Gain/Loss to Developer: ($9,479,695) Net Gain/Loss to Developer (PV): ($4,361,613) Building Permit Fees: $359,355 WASD Connection Charges: $240,218 City Impact Fees: $1,249,002 County Road Impact Fees: $1,349,260 Total Fees & Charges: $3,197,836 1.6.c Attachment: 6717 NR Investments 11 LLC_Final Grant and TIF Proposal (6717 : 4/5ths Bid Waiver for Packet Pg. 76 OMNI Board of Commissioners Meeting October 30, 2019 1.7 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell Date: October 25, 2019 and Members of the CRA Board From: Jason Walker File: 6720 Subject: NR Investments 11, LLC Economic Incentive Agreement Enclosures: 6720 NR Investments 11, Executive Director LLC_Final TIF Proposal RECOMMENDATION: It is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("Omni CRA") approve and adopt the attached Resolution, authorizing the execution of an economic incentive agreement with NR Max Miami, LLC ("Developer") for the development of this mixed -use development project consisting of ground floor office retail, ground floor commercial space and approximately 252 units of workforce housing. 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"). The NR Investments 11, LLC company (NR Investments) submitted a grant proposal request and a Tax Increment Rebate request to the CRA requesting the amount of $6,500,000.00 in grant assistance and 95% of the TIF collected by the Omni CRA to underwrite a portion of the costs to develop a mixed -use project within the Omni CRA. NR Investments, a for profit entity, possesses a unique approach to this mixed -use development project that will consist of ground floor office retail, ground floor commercial space and approximately 252 units of affordable housing. The project is estimated to cost an approximately $43 Million. The developer will commence construction by July 1 2020 and substantially complete by January 1, 2023. This proposal anticipates the CRA will be extended at least through 2047 and as such rents will be restricted until 2047. If the CRA is not extended beyond the current Packet Pg. 77 1.7 expiration of 2030, the Developer proposes to receive the same cash grant and rebate rate. However, the Developer would instead continue to restrict all 252 Units through 2038 (8 years beyond the current term of the CRA), but will restrict 19 fewer units at the lowest three (3) rent levels. This project also presents a unique approach and opportunity for a local government entity to collaborate on an affordable housing project that will also utilize the benefits of an Opportunity Zone initiative in the Omni CRA. This is a way in which local government entities are able to leverage Tax Increment Financing ("TIF") dollars and fill the gap in financing to achieve affordable housing in the area. JUSTIFICATION: The 2010 Redevelopment Plan on page 41, Section C-2 lists the objective of the CRA to, "Provide incentives for the development of a variety of housing choices, including affordable, special needs and a workforce housing." Additionally on page 41, Section C titled, Variety of Housing", subsection D-3 specifically states the "Provision of incentives for the construction of new housing to attract downtown workers." The proposal is also consistent with Section D of the plan on page 42 Section D "Improvements to the Public Realm" "to "[e]nhance the areas' visual attractiveness to businesses and residents." This project is consistent with Florida Statute 163 and also the goals and objectives of the 2010 Omni CRA Redevelopment Plan. The rates will remain in place until the anticipated extension of life of the Omni CRA to 2047. The NR Investment 11 LLC, proposal submitted will develop the group of properties with the following addresses at 70 NE 17th street, 90 NE 17th street and 1642 NE 1st avenue, Miami, Florida within the Omni CRA and now requests grant funding to underwrite a portion of the costs. City of Miami Page 2 of 4 File ID: 6720 (Revision:) Printed On: 10/25/2019 Packet Pg. 78 1.7 Trak Omni_ C R A City of Miami Legislation OMNI CRA Resolution OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 6720 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE CRA TO REBATE TO NR INVESTMENTS 11, LLC ("GRANTEE") THE TAX INCREMENT FINANCE ("TIF") REVENUES GENERATED ONLY FROM THE DEVELOPMENT BY THE GRANTEE OF THE 17TH STREET APARTMENT PROJECT ("PROJECT") IN AN AMOUNT NOT TO EXCEED 95% OF THE TIF COLLECTED FROM THE PROJECT ANNUALLY OR $420,000.00 ANNUALLY, WHICHEVER IS LESS, PER YEAR UNTIL 2030, OR UNTIL 2047 IF THE LIFE OF THE CRA IS EXTENDED TO 2047, FOR A TOTAL AMOUNT NOT TO EXCEED $8,471,238.00, PAYMENT TO BEGIN UPON SUBSTANTIAL COMPLETION AND THE PROJECT RECEIVING A CERTIFICATE OF OCCUPANCY, SUBJECT TO THE RENTS BEING RESTRICTED UNTIL 2038, OR UNTIL 2047 IF THE LIFE OF THE CRA IS EXTENDED TO 2047; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO FURTHER NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, ALL IN A FORM ACCEPTABLE TO GENERAL COUNSEL. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is tasked with reducing slum and blight within its Redevelopment Area; and WHEREAS, NR Investments 11, LLC, a for profit entity ("Developer"), submitted a request for tax increment rebate to underwrite a portion of the costs to develop a mixed -use project consisting of approximately 6,000 square feet of ground floor retail, approximately 30,000 square feet of office space, and approximately 252 affordable housing units ("Project") at the properties located at 70 NE 17th Street, 90 NE 17th Street, and 1642 NE 1st Avenue, Miami, Florida within the Redevelopment Area; and WHEREAS, page 41, Section C-2 of the 2010 Redevelopment Plan lists the objective of the CRA to "Provide incentives for the development of a variety of housing choices, including affordable, special needs and a workforce housing" and to make "Improvements to the Public Realm" by "[enhancing] the areas' visual attractiveness to businesses and along with creating a variety of housing"; and WHEREAS, page 42 Sections A-1 and A-3 of the 2010 Redevelopment Plan also states as a goal to "Provide incentives for redevelopment of blighted properties;" and WHEREAS, the Executive Director is requesting authority to provide the Developer with Tax Increment Finance Rebate only from Tax Increment Fund ("TIF") received from the developed project from the CRA in an amount not to exceed 95°/0 or $420,000.00, whichever is less, per year until 2030 or 2047 if the life of the CRA is extended, in a total aggregate amount not to exceed $8,471,238.00, to be paid upon substantial completion of the Project and the Project receiving a certificate of occupancy, subject to a covenant being recorded on the property restricting the rents until 2047; and City of Miami Page 3 of 4 File ID: 6720 (Revision:) Printed On: 10/25/2019 Packet Pg. 79 1.7 WHEREAS, Developer's proposal also anticipates if the CRA is not extended beyond the current expiration of 2030.The Developer proposes to receive the same cash grant and rebate rate. However, the Developer would instead continue to restrict all 252 Units through 2038 (8 years beyond the current term of the CRA), but will restrict 19 fewer units at the lowest three (3) rent levels. WHEREAS, this Project is one of the first opportunity zone projects identified within the Redevelopment Area providing for a unique opportunity to collaborate and meet the needs of the residents while fulfilling the 2010 Redevelopment Plan; and WHEREAS, the success of the Project will result in accomplishing the stated objectives of the 2010 Redevelopment Plan; 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. The Executive Director is authorized to provide the Developer with Tax Increment Finance Rebate from the Development TIF from the CRA in an amount not to exceed 95% or $420,000.00, whichever is less, per year until 2030 or 2047 if the life of the CRA is extended to 2047, in a total aggregate amount not to exceed $8,471,238.00, to be paid upon substantial completion of the Project and the Project receiving a certificate of occupancy, subject to a covenant being recorded on the property restricting the rents until 2038 if the current life of the CRA is not extend or 2047 if the life of the CRA is extended to 2047, to underwrite a portion of the costs associated with the mixed use development Project located at 70 NE 17th Street, 90 NE 17th Street, and 1642 NE 1st Avenue, Miami, Florida. Section 3. The Executive Director is authorized to negotiate and execute any and all documents, all in a form acceptable to the General Counsel, for the purposes stated herein. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ, GENERAL COUNSEL City of Miami Page 4 of 4 File ID: 6720 (Revision:) Printed On: 10/25/2019 Packet Pg. 80 1.7.a 1 NRINVESTMENTS Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) 1 111 PARK CENTRE BLVD #450 MIAMI, FL 33169 PHONE (305) 625 0949 NRINVESTMENTS,COM Packet Pg. 81 BERGER SINGERMAN 1.7.a October 15, 2019 Via Hand -Delivery Mr. Jason Walker, Executive Director Omni Community Redevelopment Agency Historic Firehouse #2, 2' Floor 1401 N. Miami Avenue Miami, FL 33136 Re: NR Investments 11 LLC — Tax Increment Rebate & Grant Proposal for 17`h Street Apartments Dear Mr. Walker: Our firm represents NR Investments 11 LLC (hereinafter, the "Applicant" or "Developer"), the owner of the property located within the Omni Community Redevelopment Agency ("CRA") boundaries at 70 & 90 N.E. 17' Street and 1642 N.E. lit Avenue, Miami, Florida, Miami, Florida (the "Property"). Developer formally submits the enclosed proposal for the CRA's consideration in support of a mixed -use project Developer intends to construct on the Property. The project will consist of ground floor retail (approx. 6,000 sq. ft.), office (approx. 30,000 sq. ft.), and 252 multi -family, residential rental units (the "Project"). In exchange for the CRA's financial support, as outlined hereinbelow, Applicant shall agree to restrict the rents of ALL 252 residential units within the Project through 2047 (assuming the anticipated extended life of the CRA extends at least through 2047) via the imposition of a Declaration of Restrictive Covenants (the "Covenant"). The Applicant's request of the CRA and proceeds realized pursuant to the rebate of property taxes equal to the percentage of the increase paid during the term of the agreement (the "Incentive Agreement") will be used to off -set the losses occasioned from the restricted rents and to off -set the costs of the City building permit fees, County water & sewer connection charges, and City & County impact fees. The proposal is consistent the strategic plan and goals of the CRA Redevelopment Plan (2019 Amendment) which seek to expand the supply of affordable and workforce housing within the CRA boundaries. Affordable and workforce housing units forming part of the Project will provide needed housing inventory to critical employees within the Miami market, including: (i) hospitality service workers; (ii) teachers (median annual salary: $46,000); (iii) police officers (avg. base annual salary: $53,715); (iv) firefighters (avg. annual salary: $54,9430; (iv) registered nurses (avg. annual salary: $56,925); and (v) recent college graduates (avg. starting salary: $50,004). We look forward to your favorable consideration of this request and the CRA board's approval of the same. Sincerely, jaNir E. Fer Javier E. Fernandez, Esq. Cc: Anthony Balzebre, Assistant Director lsiaa Jones, Esq., Chief Legal Officer Nir Shoshani, NR Investments, Inc. Terry Wellons, NR Investments, Inc. Kristofer Nelson, NR Investments, Inc. Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) 9366740-1 1450 BRICKELL AVENUE I SUITE 1900 I MIAMI, FLORIDA 33131 t. (305) 755-9500 I f (305) 714-4340 I WWW.BERGERSINGERMAN.COM Packet Pg. 82 1.7.a R 17th Street Apartments Project RATIONALE FOR CRA ASSISTANCE Miami's downtown skyline is a picture of construction, as new condos and apartments are built throughout our burgeoning City. But the expansion experienced in the current real estate cycle is misleading as the City faces one of the nation's most severe crisis of housing unaffordability stemming from the dual problem of high housing costs and comparably low wages. Today, Greater Miami's housing stock suffers from a significant supply mismatch. The local market has a glut of expensive housing and not nearly enough affordable housing. While we have seen the construction of expensive condos to the point of over -supply, not nearly enough affordable and workforce housing has been built to meet market's demand. While thousands of new housing units have been developed within the City and thousands more are slated for development within the CRA alone, most of the units built are market -rate or high -end luxury units. Further compounding the current mismatch is a lack of general housing starts in the metropolitan market. Only 4 percent of the metro area's housing units have been built since 2010. By contrast, some of America's most dynamic and fastest -growing metros have constructed more than 10 percent of their housing stock since 2010. While a new and growing community, Miami's housing supply is increasing at the pace of older, more built -out metropolitan areas, like Boston, and Rust -Belt metropolitan areas, like Cincinnati and St. Louis. Six in 10 employed adult residents of Greater Miami are housing cost -burdened, meaning they spend more than 30 percent of their incomes on housing — the highest rate of any large metropolitan area in the nation. Racial and ethnic minorities, as well as our community's low-income service workers, shoulder a disproportionate share of the burden of today's housing crisis. The following facts provide chilling insight into the scope and impact of the current crisis: • More than 40% of the Miami metro's households are renters — ranking 8th among all large U.S. metros on this metric. Between 2010 and 2016, Greater Miami has seen its proportion of renter households grow by nearly 2% annually. • Miami's renter population is disproportionately African American and Hispanic with 55% of black households and 48% of Hispanic households renting, compared with just over 25% of white households. • Greater Miami's median rents are increasingly unaffordable. As of October 2018, the median rent for Greater Miami was $2,095 — the eighth highest in the nation behind communities like Denver, Portland, Dallas and Austin. Said median rent requires an annual household income of not less than $83,800 for such rent to be "affordable" or for the household not to be "cost -burdened." • Miami's low-income service class — workers in low -skill jobs like retail, food service and home care which make-up more than 50 percent of the region's workforce — is severely cost -burdened. Miami's service class faces the greatest rental cost burdens among all classes with just under $11,000 in annual income left- over after paying rent — the 5r" worst rate among large metropolitan areas in the nation. • Miami has the highest proportion of cost -burdened renters in the nation by a significant margin. More than half (53%) of renters spend 35 percent or more of their household income on rent. Greater Miami's renters have the least amount of money left over after paying for housing of any large metro. Miami's renters have, on average, less than $16,000 left over after paying their rent. Far less than the $30,000 or so in take-home income that renters in Washington, D.C. and Boston have left over after paying for their housing. Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) 9366610-1 Packet Pg. 83 1.7.a R 17th Street Apartments Project CONSISTENCY WITH CRA REDEVELOPMENT PLAN Chapter 4 of the CRA proposed amendment to the Redevelopment Plan (2019) reaffirms the importance of the development of affordable housing to the economic vitality of the CRA. With regard to projects assisted by the CRA (from which it excepts projects it seeks to support to provide workforce, low, or very -low income housing), it identifies among its community benefits priorities the "inclusion of an appropriate amount of below -market rate units," specifically workforce housing units (at less than 140% AMI) and units for low-income residents (less than 80% AMI). Among the policy reasons articulated for such community benefits requirement are: (i) preservation of the affordability of the neighborhood; (ii) prevention of existing resident displacement; and (iii) provide area workers an opportunity to live near work. On page 4-32 of the amended Redevelopment Plan, the CRA has noted that housing affordability is one of the key programs for the CRA to undertake. A thriving community is one where residents in all phases of life with varying types of employment can live in one area. To that end, the CRA outlined the following programmatic methods it can employ to increase the supply of affordable housing: To Assist For -Profit Housing Providers in the CRA could: 2) Pay some portion of development costs such as impact or permit fees 3) Provide a direct cash subsidy in the form of a rebate equal to a percentage of the increases in taxes paid over a defined period of time after completion if affordable units are provided. In addition to the above programmatic methods to expand the supply of affordable housing, the CRA has identified the following goal on page 5-56 of the Redevelopment Plan: 6) Housing Affordability — The CRA should fund established and creative new ways to increase the stock of workforce and lower income affordable housing within the district. GOALS: a) Create project -specific developer incentives to ensure that new or significantly redeveloped residential projects in the CRA contain a sufficient number of units that are affordable to the target populations. The Project and accompanying request seek financial support from the CRA to underwrite the development of residential units, specifically for low-income and workforce households, and asks the CRA to provide the Applicant with a project -specific incentive. Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) 1111 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 84 1.7.a R 17th Street Apartments Project PROJECT DESCRIPTION The Developer proposes to enter into a public -private partnership with the CRA to advance its goal of developing much -needed affordable and workforce housing units within the redevelopment area. Applicant proposes to construct a 29-story tower on land it purchased over the course of the last three years which will consist of a mixed -use project comprised of the following elements: (i) 252 multi -family residential units; (ii) approximately 30,000 sq. ft. office use; and (iii) approximately 6,000 sq. ft. of ground floor commercial use (the "Project"). Applicant proposes to assist the CRA in advancing its Redevelopment Plan goal by restricting rents of ALL the residential units within the Project through the life of the CRA is outlined hereinbelow. The rent restrictions proposed will ensure that the Developer make residential units available to low-income households and households who can afford "workforce" rents, more specifically teachers, police officers, firefighters, nurses, and recent college graduates, among other professions. The Project represents the Developer's latest investment in the Omni "Arts + Entertainment District" — a dynamic urban residential neighborhood connecting the CRA & downtown Miami with the Wywood Arts District and the Design District. With the surrounding growth, the Arts + Entertainment District has seen growth in its residential, culinary, entertainment and nightlife offerings, but substantial land remains undeveloped and a number of buildings remain dilapidated within the district evidencing the continued "slum & blight conditions" within the CRA. Applicant's CANVAS project, a new art -inspired condominium offering a "bohemian luxe" lifestyle immersed in the local art, culinary & cultural scene, has served to anchor the district's ascendant trajectory. Beyond its project investments within the redevelopment area, NR Investments, Inc., has invested approximately $2 million in efforts to beautify the Arts & Entertainment District, attract new businesses and retailers to the area, and deliver high -quality arts, music and community programming, including "The Miami Flea," a pop- up market, and a "Moonlight Grooves," a music series held on CANVAS's backyard, among others. Given the Project's location just north of downtown Miami, it is conveniently accessible via multiple modes of transit, including: (i) the MetroMover via the "School Board Station" on N.E. 15th Street; (ii) the City's free trolley system; and (iii) Virgin Trains' service at Grand Central Station. The inclusion of the proposed affordable and workforce dwelling units in the Project will provide residents convenient access to employment opportunities via mass transit servicing greater downtown Miami area and portions of the South Florida region via inter -city passenger rail service. Illustrative Project renderings and floor plans are enclosed as Exhibit "A". Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) 1111 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 85 1.7.a rRi 17th Street Apartments Project REQUESTED PROJECT ASSISTANCE Given that the term of the life of the CRA remains as -yet undetermined, the Applicant makes the following request and alternate proffer of affordability based on the two (2) potential dates upon which the CRA may terminate: 2047 CRA Expiration Date' • Proposed Residential Restrictions: Applicant proposes to rent -restrict 252 residential dwelling units — 177 studio dwelling units and 75 one -bedroom dwelling units — as set forth in the "Project Infonnation Sheet" attached hereto as Exhibit "B." Said rent -restrictions will be remain in place from the date the Residential portion of the Project is placed in-service (as evidenced by the issuance of a temporary certificate of occupancy or certificate of occupancy for a residential dwelling unit) through the date of the CRA's anticipated term extension (2047). The Applicant will be permitted to adjust the maximum rent per unit for each unit type consistent with the rate schedule adopted by the Corporation for "Multifamily Rental Programs" for Miami -Dade County. The Developer will impose a Covenant setting forth the rent restrictions and the minimum number of rent -restricted units by type. The Covenant shall grant the enforcement rights to the CRA through the extended term of the CRA (2047). • Requested Financial Assistance: Applicant requests a cash grant of $6_5 million (approximately $26,000 per unit) and a rebate of 95% of the TIF collected by the Omni CRA. Developer anticipates that the rebated tax increment will amount to approximately $8.5 million in gross receipts (or $3_9 million in present value) to off -set the estimated $18 million in rent losses (gross) ($8.3 million in present value) and the more than $3.2 million in estimated permit fees, water & sewer connection charges, and impact fees to be assessed at the initiation of the Project. Applicant requests that the cash grant be provided at time of the issuance of the Project building permit. See Exhibit "C" attached hereto. This proposal anticipates the CRA will be extended at least through 2047. If the CRA is not extended beyond the current expiration of 2030, the Developer respectfully requests to receive the same cash grant and rebate rate. Accordingly, the Developer will continue to restrict all 252 Units through 2038 (8 years beyond the current term of the CRA), but will restrict 19 fewer units at the lowest three (3) rent levels. Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) 1111 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-2 Packet Pg. 86 1.7.a R 17th Street Apartments Project APPLICANT EXPERIENCE & QUALIFICATIONS NR Investments 11 LLC, is a subsidiary of NR Investments, Inc. ("NR"), a privately held real estate investment company. Each of the company's principals and senior executives has extensive experience in real estate capital markets, acquisition, asset management, development, construction and risk management. NR believes in fostering cultural movements and communities in undiscovered areas, and in making their buildings the beacons of their renaissance. NR specializes in acquiring developing, repositioning, and managing real estate assets in major markets throughout the world. The company has acquired more than 10 million square feet of office and residential space across the globe. Over the past 18 years, NR has purchased, developed, repositioned and sold over $700 million of multifamily and commercial real estate assets. Recent Development Experience • Filling Station Lofts: In January 2013, NR stepped back into the Miami market with the acquisition and subsequent completion of the Filling Station Lofts, an 81-unit loft -style apartment building. • CANVAS Condominiums: In November 2013, NRI closed on the 1.07 acre CANVAS condominium site. NR constructed a 37-story, 513 unit residential condominium tower that received its final certificate of occupancy (C.O.) in 2018 and has to -date sold -out approximately 95% of its residential units. • 1e Street Development: In May 2014, NR closed on the 0.78-acre "14th Street" development site. The project remains in the planning stages with the expectation of a mixed -use tower with more than 500 residential dwelling units. Qualifications of Principals • Nir Shoshani — Principal. Prior to forming NR in 2001, Mr. Shoshani held the title of President at TiS America, Inc., a subsidiary of Top Image Systems Ltd. (NASDAQ: TiSA), a publicly traded, high-tech firm headquartered in Israel with operations around the globe. Mr. Shoshani is a graduate of the Belgrano School of Business in Buenos Aires. • Ron Gottesmann — Principal. Prior to forming NR in 2001, Mr. Gottesmann worked as a mortgage broker overseeing the operation of CFI Mortgage Bankers Inc. of New York. With Mr. Shoshani, Mr. Gottesmann leads NR which today is a fully integrated development firm which owns and manages a wide variety of real estate, including large scale office buildings, commercial shopping centers, and multi -family housing. Under Mr. Gottesmann's leadership, the firm has maintained a consistent focus on property repositioning via the acquisition of underperforming buildings in high visibility locations rehabilitating them to their full potential through extensive renovation and management restructuring. • Terry Wellons — C.O.O. Mr. Wellons serves as the Chief Operating Officer at NR. He leads the United States team directing a group of highly experienced attorneys, accountants and portfolio and property managers. He has a background in finance and as a real estate attorney, serves as lender's counsel and representing buyers and sellers of real estate, aids NR in each aspect of NR's business, effectively negotiating and gauging the legal and financial risks involved with each transaction. Mr. Wellons holds a degree in finance from Florida International University and a law degree from Nova Southeastern University. Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) 1111 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 87 1.7.a N 17th Street Apartments Project EXHIBIT "A" PROJECT RENDERINGS & FLOOR PLANS 1111 PARK CENTRE BLVD #450, MEAMI, FL 33169 PHONE (305) 625 0949 ENVESTMENTS.COM Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) Packet Pg. 88 PROPERTY RENDERINGS PROPERTY RENDERINGS PROPERTY RENDERINGS PROPERTY RENDERINGS PROPERTY RENDERINGS 1.7.a h H 17rh Street Apartments Project EXHIBIT "B" Omni CRA Tax Increment Recapture Agreement Project Information Sheet Developer/Applicant: NR Investments 11 LLC Contact Person: Terry Wellons, C.O.O. Telephone: (305) 625-0949 E-mail: terry@nrinvestments.com Project Counsel: Phone: E-mail: Project Address: Javier E. Fernandez, Esq. Berger Singerman LLP 1450 Brickell Avenue, 19" Floor Miami, FL 33131 (305) 982-4088 jfernandez _,bergersingmerman.com 70 & 90 N.E. 17' Street and 1642 N.E. 1't Avenue, Miami, Florida Property Information Prior Year Taxable Values Folio Numbers Existing Building Size Lot Size 2019 2018 2017 01-3136-005-0320 4,451 sq. ft. 5,250 sq. ft. $877,250 $797,500 $869,535 01-3136-005-0310 3,743 sq. ft. 4,775 sq. ft. $900,410 $818,555 $798,098 01-3136-005-0330 0 sq. ft. 12,600 sq. ft. $1,428,889 $1,298,990 $1,180,900 Total: 8,194 sq. ft. 22,625 sq. ft. $3,206,549 $2,915,045 $2,848,533 Type of Project: Construction Commencement: Project Construction Completion Date: Project Construction Cost: Estimated Adj. Taxable Value (TIF Basis): $38,664,474 Mixed Use (Retail, Office, Multi -Family Residential) July 1, 2020 January 1, 2023 Residential Square Footage: Office Square Footage: Retail Square Footage: $41,871,023 218,369 sq. ft. 30,019 sq. ft. 4,583 sq. ft. Property Acquisition Date: September 2016 and April 2019 Total Acquisition Cost: $4,775,000 Projected Residential Rent (Per Unit Type): Studio - $1,721 / 1BD - $2,094 Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) 1 11 1 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 94 1.7.a h H 17th Street Apartments Project Proposed Affordability Restrictions: 2047 Unit Type Total Units Maximum Rent Studio 18 $889 Studio 9 $1.186 Studio 9 $1,483 Studio 52 $1,179 Studio 89 $2.075 1BD 8 $953 1BD 4 $1,271 1BD 4 $1,589 1BD 23 $1,906 1BD 36 $2,224 Total: 252 - Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) 1 11 1 PARK CENTRE BLVD #450, MIAMI, FL 33169 PHONE (305) 625 0949 INVESTMENTS.COM 9366610-1 Packet Pg. 95 1.7.a N 17th Street Apartments Project EXHIBIT "C" FINANCIAL ANALYSIS 1111 PARK CENTRE BLVD #450, MEAMI, FL 33169 PHONE (305) 625 0949 ENVESTMENTS.COM Attachment: 6720 NR Investments 11, LLC_Final TIF Proposal (6720 : NR Investments 11, LLC Economic Incentive Agreement) Packet Pg. 96 NR Investments 11 LLC Project: 17th Street Apartments 2047 Financial Analysis CRA/Developer Retainage: 95% Growth Rate: 1.02 Millage Rate Taxable Value (2019) Taxable Value (@ C.O.) Adj. Taxable Value Tax Receipts (Net) CRA TIF (95%) CRA Retained TIF (65%) County Clawback (35%) Miami- Municipal Operating 7.4365 $3,206,549 $41,871,023 $38,664,474 $287,528 $273,152 $177,549 $95,603 Miami -Dade County -Operating 4.6669 $3,206,549 $41,871,023 $38,664,474 $180,443 $171,421 $111,424 $59,997 Total Receipts: $467,972 $444,573 $288,972 $155,601 Tax Years 2023 2024 2025 2026 2027 2028 2029 2030 Total TIF to CRA: $288,972 $294,752 $300,647 $306,660 $312,793 $319,049 $325,430 $331,939 $2,480,242 TIF to Developer: $274,524 $280,014 $285,615 $291,327 $297,153 $303,096 $309,158 $315,342 $2,356,230 TIF to Developer (PV): $225,851 $219,399 $213,130 $207,041 $201,125 $195,379 $189,796 $184,374 $1,636,095 Tax Years 2031 2032 2033 2034 2035 2036 2037 2038 Total TIF to CRA: $321,648 $328,081 $334,643 $341,336 $348,163 $355,126 $362,228 $369,473 $2,760,699 TIF to Developer: $305,566 $311,677 $317,911 $324,269 $330,754 $337,370 $344,117 $350,999 $2,622,664 TIF to Developer (PV): $170,151 $165,289 $160,567 $155,979 $151,522 $147,193 $142,988 $138,902 $1,232,591 Tax Years 2039 2040 2041 2042 2043 2044 2045 2046 2047 Total TIF to CRA: $376,862 $384,400 $392,088 $399,929 $407,928 $416,087 $424,408 $432,896 $441,554 $3,676,153 TIF to Developer: $358,019 $365,180 $372,483 $379,933 $387,532 $395,282 $403,188 $411,252 $419,477 $3,492,345 TIF to Developer (PV): $134,934 $131,078 $127,333 $123,695 $120,161 $116,728 $113,393 $110,153 $107,006 $1,084,482 Total TIF to CRA: $8,917,093 TIF to Developer: $8,471,238 TIF to Developer (PV): $3,953,167 Avg. Market Rent (Studio): $1,747 Target Market Rent (1BD): $2,224 Total Units Total Studio Units Max. Studio Rent Studio Rent Loss P/U Yearly Studio Rent Loss Total 1BD Units Max. 1BD Rent 1BD Rent Loss Yearly 1BD Rent Loss 26 18 $889 ($858) 085,328) 8 $953 ($1,271) ($122,016) 13 9 $1,186 ($561) ($60,588) 4 $1,271 ($953) ($45,744) 13 9 $1,483 ($264) ($28,512) 4 $1,589 ($635) ($30,480) 75 52 $1,779 $0 $0 23 $1,906 ($318) ($87,768) 125 89 $2,075 $0 $0 36 $2,224 $0 $0 Total Studio Rent Loss: ($274,428) Total 1BD Rent Loss: ($286,008) Tax Years 2023 2024 2025 2026 2027 2028 2029 2030 Annual Rent Loss: ($560,436) ($571,645) ($583,078) ($594,739) ($606,634) ($618,767) ($631,142) ($643,765) ($4,810,205) Annual Rent Loss (PV): ($461,072) ($447,899) ($435,101) ($422,670) ($410,594) ($398,862) ($387,466) ($376,396) ($3,340,061) Tax Years 2031 2032 2033 2034 2035 2036 2037 2038 Annual Rent Loss: ($656,640) ($669,773) ($683,168) ($696,832) ($710,768) ($724,984) ($739,483) ($754,273) Annual Rent Loss (PV): ($365,642) ($355,195) ($345,046) ($335,188) ($325,611) ($316,308) ($307,271) ($298,491) Tax Years Total ($5,635,922) ($2,648,752) 2039 2040 2041 2042 2043 2044 2045 2046 2047 Total Annual Rent Loss: ($769,359) ($784,746) ($800,441) ($816,449) ($832,778) ($849,434) ($866,423) ($883,751) ($901,426) ($7,504,807) Annual Rent Loss (PV): ($289,963) ($281,678) ($273,631) ($265,813) (5258,218) ($250,840) ($243,673) ($236,711) ($225,439) ($2,325,967) Total Rent Loss: ($17,950,933) Total Rent Loss (PV): ($8,314,780) Net Gain/Loss to Developer: ($9,479,695) Net Gain/Loss to Developer (PV): ($4,361,613) Building Permit Fees: $359,355 WASD Connection Charges: $240,218 City Impact Fees: $1,249,002 County Road Impact Fees: $1,349,260 Total Fees & Charges: $3,197,836 1.7.a Packet Pg. 97 OMNI Board of Commissioners Meeting October 30, 2019 1.8 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell Date: October 25, 2019 and Members of the CRA Board From: Jason Walker Executive Director File: 6724 Subject: 4/5ths Bid Waiver to Casa Mia Apartments, LLC Enclosures: 6724 Bid Waiver Memo 6724 Notice to the Public 6724 Letter_Casa Mia Apartments 6724 1815 NW 1st CT_Statement of Work 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 Casa Mia Apartments, LLC ("Casa Mia") company submitted a grant proposal request to the CRA. Casa Mia Apartments, LLC is a for profit entity, and possesses a unique approach to affordable housing. The principals of Casa Mia Apartments, LLC have a history of successful rehabilitation of affordable housing units in Miami- Dade County. Their proposal is for the rehabilitation of approximately 12 affordable housing units concept is an ideal project for the Omni CRA area. JUSTIFICATION: 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." Packet Pg. 98 1.8 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 Casa Mia Apartments, LLC submitted a proposal to rehabilitate a property located at the following address at 1815 NW 1st CT, Miami, Florida within the Omni CRA and now requests grant funding for the rehabilitation of the 12 units in the amount of $696,000.00. 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. FUNDING: Allocated from Omni Tax Increment Fund 2019-2020 Budget titled "Other Grant, budget line 18 and remainder from line 19. City of Miami Page 2 of 4 File ID: 6724 (Revision:) Printed On: 10/25/2019 Packet Pg. 99 1.8 Trak Omni_ C R A City of Miami Legislation OMNI CRA Resolution OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 6724 Final Action Date: 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; ALLOCATING GRANT FUNDS IN THE NOT TO EXCEED TOTAL AMOUNT OF $696,000.00 FOR THE REHABILITATION OF THE PROPERTY LOCATED AT 1815 NW 1ST COURT, LOCATED IN THE CRA REDEVELOPMENT AREA TO CASA MIA APARTMENTS LLC, SUBJECT TO THE AVAILABILITY OF FUNDS; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is tasked with reducing slum and blight within its Redevelopment Area; and WHEREAS, On September 13, 2016, the CRA 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, the 2010 Redevelopment Plan ("Plan") on page 41, Section D-2 lists the objective of the CRA to "[a]chieve rehabilitation of the maximum number of housing units" and to make "Improvements to the Public Realm" by "[enhancing] the areas' visual attractiveness to businesses and residents"; and WHEREAS, page 42, Sections A-1 and A-3 of the Plan also states as goals to "Provide incentives for redevelopment of blighted properties" and to "Promote rehabilitation and maintenance of existing viable uses and structures"; and WHEREAS, Casa Mia Apartments LLC, a for profit entity ("Grantee"), submitted a proposal to the CRA to rehabilitate twelve (12) affordable housing units at the property located at 1815 NW 1st Court, Miami, Florida ("Project"); and WHEREAS, the Grantee specifically requests grant funding for the Project in the not to exceed total amount of $696,000.00; and WHEREAS, the success of the Project will result in accomplishing the stated objectives of the Plan; and City of Miami Page 3 of 4 File ID: 6724 (Revision:) Printed On: 10/25/2019 Packet Pg. 100 1.8 WHEREAS, based on the recommendation and findings 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, as adopted by the CRA, and to authorize the Executive Director to negotiate and execute any and all agreements necessary, all in a form acceptable to the General Counsel, with the Grantee for the provision of grant funds for the Project in an amount not to exceed $696,000.00, subject to the availability of funds; 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 findings 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 as not being practicable or advantageous to the CRA are waived. Section 3. Funds are allocated in an amount not to exceed $696,000.00 to the Grantee to assist with the Project from the 2019-2020 Omni CRA Budget line item 18 and the remainder from line 19. Section 4. The Executive Director is authorized to negotiate and execute any and all agreements necessary, all in a form acceptable to the General Counsel, with the Grantee for the purposes stated herein. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ, GENERAL COUNSEL City of Miami Page 4 of 4 File ID: 6724 (Revision:) Printed On: 10/25/2019 Packet Pg. 101 1.8.a Ken 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: October 24, 2019 SUBJECT: Recommendations and and Findings to Waive Competitive Negotiation Procedures per City Code, authorizing the allocation of Grants funds to Casa Mia Apartments, LLC for the Rehabilitation of Property located at 1815 NW 1ST Court, Miami Florida. 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 Casa Mia Apartments, LLC submitted a grant proposal request to the CRA. Casa Mia Apartments, LLC, a for profit entity, possesses a unique approach to affordable housing. Their proposal for rehabilitation of approximately 12 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, outlining Omni CRA Redevelopment goals as being "Improvements to the Public Realm" and 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 Casa Mia Apartments, LLC group has submitted a proposal to rehabilitate the property 1815 NW 1ST Court within the Attachment: 6724 Bid Waiver Memo (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 102 1.8.a Omni CRA and now requests grant funding for rehabilitation of the units in the amount of $696,000.00. 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. Attachment: 6724 Bid Waiver Memo (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 103 1.8.b Ara t‘titiv Omni CRA OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY NOTICE OF PUBLIC HEARING The Board of Commissioners ("Board") of the Omni Redevelopment District Community Redevelopment Agency ("CRA") will hold a Public Hearing on Wednesday October 30t", 2019, at 5:00 p.m. or thereafter at the Dorsey Memorial Library located at 100 NW 17th St, Miami, Florida 33136, to consider the award of grant funds to CASA MIA Apartments LLC, a legal entity authorized to transact business/render services in the State of Florida, for the rehabilitation of affordable housing units located within the Omni district. In accordance with the Board's 2010 Redevelopment Plan ("Plan") and Florida Statute 163, the Board will consider the funding, in an amount not to exceed $696,000.00, to underwrite the expenditures and costs associated with the rehabilitation of the property located at 1815 NW 1st Court, Miami, Florida, critical in the rehabilitation units of affordable housing, within the CRA, envisioned to reduce slum and blight. Inquiries regarding this notice may be addressed to Jason Walker, Executive Director, OMNI CRA, at (305) 679-6868. This action is being considered pursuant to Sections 18-85 (a) of the Code of the City of Miami, Florida as amended ("Code"). The recommendation and findings to be considered in this matter are set forth in the proposed resolution and in Code Sections 18-85 (a), which are deemed to be incorporated by reference herein, and are available as with the scheduled CRA Board meeting of Wednesday October 30th, 2019, at 5:00 p.m. or thereafter at the Dorsey Memorial Library located at 100 NW 17th St, Miami, Florida 33136. The CRA Board requests all interested parties be present or represented at the meeting and may be heard with respect to any proposition before the CRA Board, in which the Board may take action. Should any person desire to appeal any decision of the Board with respect to any matter considered at this meeting, that person shall ensure that a verbatim record of the proceedings is made, including all testimony and evidence upon which any appeal may be based (F.S. 286.0105). In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodations to participate in this proceeding may contact the Office of the City Clerk at (305) 250-5361 (Voice), not later than five (5) business days prior to the proceeding. TTY users may call (305) 250-5472, not later than five (5) business days prior to the proceeding. (OMNI CRA Seal) Todd B. Hannon Ad No. 30809 Clerk of the Board Attachment: 6724 Notice to the Public (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 104 UPTURN GROUP Letter of Transmittal SUBJECT: Casa Mia Apartments LLC Grant Application TO: Omni CRA: Adam Old FROM: Upturn Group: Natalie Duran PHONE: 305-815-5100 (Cell) PHONE: 305-877-0337 DATE: October 24, 2019 # OF PAGES: 9 Upturn Group and its principal Casa Mia Apartments LLC are excited to work with the Omni CRA on the rehabilitation of a 12-unit residential building located in the heart of Overtown. This apartment building consist of a 5700 SF apartment building with 6 2-bedroom apartments and 6 studio apartments. The property was acquired by Casa Mia Apartments and plans on working with the Omni CRA to rehabilitate the project. With this collaborated efforts, Upturn Group plans on continuing to provide Affordable Housing to the local community. The property was acquired for approximately $1 million dollars late 2018 and plans on receiving grant funding from the Omni CRA in the amount of $685,000 +/-. This cost sharing will not only provide financial flexibility for the principals but it will provide more housing stock in the Overtown neighborhood. The Omni CRA will afford the rehabilitation funding to the Developer in return for Affordable Housing with rents set forth in the rental regulatory agreement and Covenant of 20 years. Once the apartments are redeveloped; they are to intended to be leased to the existing residents. As more units become available, they will leased to qualified tenants under Omni CRA criteria. By working with the Omni CRA, the developer can supply quality homes to the current residents at affordable rates- helping keep the community and family in their neighborhood. Warm regards, Natalia i ran 1.8.d UPTURN GROUP CASA MIA APARTMENTS The Overtown area of Miami is comprised of 1950s and 60s post-war housing. Some single family homes but mostly concrete multifamily developments ranging from 4 unit to 20 unit structures. Most of the rental housing stock available is mainly owned by slumlords or absentee owners who do not address the dilapidated conditions. Some buildings have been sold or flipped several times (including ours) over the past years with no efforts of rehabilitation. The cost of land and construction has risen, and the opportunity of development is expanding to this area- leaving the current residents most vulnerable to displacement. Upturn Group wants to rehabilitate the current structure not only because of its historic contribution to the neighborhood character but also because of its strong bones. Sustainability here not only means ecologically aware, but also to sustain the local residents' ties to the community. We do not want to displace anyone, but keep our tenants in their home and keep the culture of the community strong. Thanks to the help of CRA, we plan on cost sharing this project so that we are able to continue to serve the current residents of the Omni area at affordable rates with homes they can be proud of. Developer & Principals Developer: Natalie Duran of Upturn Group LLC Upturn Group concentrates on infill development and affordable housing in the Miami area. It is owned and operated by Natalie Duran and currently has over 200 units of ground -up affordable housing in the pipeline. She has the experience of working in real estate and construction since she was a child. Growing up with a mother who was a real estate professional and father who is a contractor, Natalie learned the business rather quickly. She received her undergraduate from Loyola University in Communications and Marketing, and then went to work with the family. She supervised and managed several projects ranging from single family homes to the build -out of a 60,000+ SF office building. She received her real estate license in 2011- concentrating in multifamily investments. She went on to attend University of Miami for their Master in Real Estate Development + Urbanism on scholarship and at the graduation ceremony was presented the award of Most Valuable Student in Real Estate Development by her peers, professors and the program directory. She continues to learn and expand Affordable Housing opportunities locally and has been working on policy changes within the City of Miami. Principal: Carlos Parra of Southeast Real Estate Investments LLC Southeast Real Estate Investments LLC is owned and operated by Carlos Parra- a Miami local who's has had the experience of acquisition and rehabilitation for more than 60 homes. He is a financial and risk analysist and consultant for corporate clients, and he is also an expert in marketing for commercial projects. He has a degree in Business Administration as well as Juris Doctorate. 1 Attachment: 6724 1815 NW 1st CT_Statement of Work (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 106 1.84 UPTURN GROUP Principal: Jorge de Pina Jr. of Mia Acquisitions Inc. Mia Acquisitions Inc. is owned and operated by Jorge De Pina Jr. He is a Miami local who has strong ties to the community. He did his undergraduate in Florida International University and his Master in Real Estate Financing through the University of Miami. Mr. Pina owns a real estate brokerage company called Mia Realty and has been in the real estate business for over 15 years. His background has been in rehabilitation of single family homes, distressed assets, and is now in the works of constructing approximately 85 Affordable Housing units in the City of Miami. r Casa Mia Apartments LLC Developer: Upturn Group Natalie Duran Architect: Moino/Fernandez Architects Inc. Marcelo A. Moino AR-11733 Engineer: Maquiera Engineering Consultant r Marquis Bank: LOC General Contractor: Rick Developer Inc Ricardo Riera CGC1509229 Project Manager 2 Vendors/Suppliers Attachment: 6724 1815 NW 1st CT_Statement of Work (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 107 1.8.d UPTURN GROUP Development Description Project Overview The Developer plans on working with the Omni CRA to rehabilitate the existing structure. She intends to renovate the existing multi -family residential building located at 1815 NW 1st CT. It is located in the Overtown neighborhood in the City of Miami. The property consists of one 6,300 SF T3-0 zoned parcel with one structure made up of 12 residential units. Once the apartments are redeveloped; they are to intended to be leased to the existing residents. As more units become available, they will leased to qualified tenants under the Affordable Housing Criteria set forth in the covenant and Rental Regulatory Agreement By redeveloping the property with the Omni CRA, the developer intends to keep stock of affordable housing to the current residents- maintaining the community and family ties in the neighborhood. 3 Attachment: 6724 1815 NW 1st CT_Statement of Work (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 108 1.8.d UPTURN GROUP 4 Attachment: 6724 1815 NW 1st CT_Statement of Work (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 109 1.8.d UPTURN GROUP 5 Attachment: 6724 1815 NW 1st CT_Statement of Work (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 110 1.8.d UPTURN GROUP 6 Attachment: 6724 1815 NW 1st CT_Statement of Work (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 111 1.8.d UPTURN GROUP Project Deliverables The Developer and Owner commit to a period of 20 years under the following Affordable Housing lease rate guidelines. 25% of the building will be at 30-50% AMI 25% of the building will be at 50-80% AMI 25% of the building will be at 80-120% 25% of the building will be at Market Rates The property consists one freestanding building of 12 units: 6 Studios 6 2-bedroom, One Bathroom units This applications is made by Upturn Group LLC., a Florida limited liability company (the "Developer"). The Developer intends to renovate the existing 12-unit multi -family residential apartment building, which is located in the Overtown neighborhood in Miami -Dade County. The apartments, once renovated, are intended to be leased to the existing residents. As units become available, they will be leased to new tenants who are qualified under the Rental Regulatory Agreement. The project will be done one column of apartments at a time, starting from the West and working our way to the East. 3 units will be worked on simultaneously and the current tenants will move into the units once they are available. The Developer will work to keep tenants on property during renovation by temporarily relocating tenants to unoccupied units within the Development site and placing them back into their renovated units upon completion. The Developer expects to begin delivering units within 12 months from the commencement of work, with a completion date dependent on the cooperation of in - place tenants. General Description of the Development The Principals have formed a separate Florida limited liability company, which will be the record owner for the individual site: Casa Mia Apartments LLC. The Development consists of a total of 12 units spread out through three stories. The unit break -down is as follows: 6-Two Bedroom, One Bath Units 6- Studio, One Bath Units Developer commits to undertake the necessary renovation of the Development. The general renovation package, which the Developer intends to make in each of the units requiring renovation, consists of: 7 Attachment: 6724 1815 NW 1st CT_Statement of Work (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 112 1.8.d UPTURN GROUP • All upgrades to meet fire safety code. • Roof replacement with warranty. • New air conditioning system in all units- o 2 bedroom: Goodman 1.5Ton 16 SEER AC o Studios: Mitsubishi 12k BTU Cooling + Heating 23.1 SEER • Energy Star qualified water heater in all units. • Code -compliant impact windows. • Exterior doors replaced with fire rated metal doors. • Commercial VCT and/or Ceramic or comparable flooring throughout each entire unit. • Energy Star qualified refrigerator, dishwasher and full-size range and oven in all units. • The Developer will install new cabinets with granite or comparable counter tops, and a new sink and faucet. • The Developer will install new bathroom cabinets, sinks, fixtures, toilets, tubs or showers. The Developer will install ceramic, porcelain or comparable tile bathroom floors and walls at bathing areas. • Code compliant site lighting. • Appropriate landscaping and fencing. • Termite prevention and pest control • Replace existing plumbing with Florida Building Code required • Resurface parking area • Add exterior fencing for the safety and security of the residents. The Developer is committed to preserve and protect the environment and will install new Energy star - rated appliances and air conditioning equipment throughout the Development. The Developer will explore energy efficient solutions to help reduce utility costs to tenants and to promote the City's commitment to "sustainability". The Developer approximates $58,000 per unit to renovate- included but limited to all Hard Costs and Soft costs. This includes not only new interiors but also base building work such as new roof, windows, structural, mechanical, plumbing & electrical upgrades, and exterior finish - which includes landscaping, fencing, parking and common areas. Consulting, architectural and expediting services. Please note that the $58,000 per unit cost does not include a developer fee. Given this experience, the 12 unit renovation will cost a minimum of $696,000 to deliver a project which the Developer and the Omni CRA can be proud of. 8 Attachment: 6724 1815 NW 1st CT_Statement of Work (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 113 1.8.d Rehab Cost By Trade UPTURN GROUP Labor Material Flat Fees Subtotal GENERAL CONDITIONS $810 $2,226 $163,005 $166,041 DEMOLITION $0 $0 $33,580 $33,580 SIDING $7 $3 $6,000 $6,010 ROOFING $4 $3 $40,000 $40,007 EXTERIOR DOORS & WINDOWS $12,355 $3,139 $38,000 $53,494 LANDSCAPING $0 $0 $6,000 $6,000 MISC. EXTERIOR ITEMS $50 $107 $8,150 $8,307 FRAMING & DRYWALL $0 $0 $42,000 $42,000 CABINETS & COUNTERTOPS $3,600 $8,988 $30,000 $42,588 DOORS & TRIM I $10,210 $10,251 $12,000 $32,461 FLOORING $5,400 $17,334 $0 $22,734 TILING $0 $0 $4,600 $4,600 PAINTING $3,350 $1,798 $28,000 $33,148 $0 $23,112 $0 $23,112 _APPLIANCES PLUMBING $8,544 $17,835 $60,000 $86,379 HVAC $0 $0 $36,000 $36,000 ELECTRICAL $24,750 $5,906 $18,840 $49,496 MISCELLANEOUS $2250 $4140 $0 $0 Hard and Soft Costs Hard and Soft Costs Hard and Soft Costs Land Cost Labor Material Flat Fee Subtotals Totals Totals per Unit $5,944 $7,904 $43,848 $57,163 Total per SF $13 $17 $92 $120 Total $980,000 Development Cost Total per Unit $71,330 $94,842 $526,175 $685,957 9 $1,665,957 $138,830 Attachment: 6724 1815 NW 1st CT_Statement of Work (6724 : 4/5ths Bid Waiver to Casa Mia Apartments, LLC) Packet Pg. 114 OMNI Board of Commissioners Meeting October 30, 2019 1.9 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell Date: October 25, 2019 and Members of the CRA Board From: Jason Walker File: 6726 Subject: Removal of the Woman's Club Covenant Enclosures: 6726 Exhibit A Executive Director 6726 Request for Agenda Item BACKGROUND: The Omni Redevelopment District Community Redevelopment Agency previously authorized grant funding to The Miami Woman's Club in the amount of Three Million Seven Hundred and Fifty Thousand Dollars ($3,750,000.00) for the renovation of its historic property located at 1737 North Bayshore Drive, Miami, Florida. The Club executed a declaration of restrictive covenant on the property in favor of the CRA, as an inducement for receiving the grant. The Covenant specified that there was to be no transfer of any interest in the property. The effect of this covenant would mean that any transfer of any interest whether sale or lease would need to be approved in writing by the Omni CRA. This legislation is before the board based on a request by the Club to remove the covenant. Packet Pg. 115 1.9 Trak Omni_ C R A City of Miami Legislation OMNI CRA Resolution OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 6726 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE RELEASE OF THE DECLARATION OF RESTRICTIVE COVENANTS RUNNING WITH THE LAND REGARDING THE MIAMI WOMEN'S CLUB LOCATED AT 1737 NORTH BAYSHORE DRIVE, MIAMI, FLORIDA, EXECUTED IN FAVOR OF THE CRA, AND RECORDED AT BOOK 27102 AND PAGE 4686, ATTACHED AND INCORPORATED AS EXHIBIT "A"; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within the Omni Redevelopment Area ("Area") in accordance with the 2010 Omni CRA Redevelopment Plan ("Plan"); and WHEREAS, the CRA previously authorized grant funding to the Miami Women's Club in the amount of $3,750,000.00 for the renovation of its historic property located at 1737 North Bayshore Drive, Miami, Florida ("Property"); and WHEREAS, as a condition of the grant, a Declaration of Restrictive Covenants Running With the Land ("Covenant") was recorded against the Property in favor of the CRA and recorded at Book 27102, Page 4686, attached and incorporated as Exhibit "A"; and WHEREAS, the Board of Commissioners wishes to release the Covenant; and WHEREAS, the Executive Director seeks authorization to execute any and all documents necessary, in a form acceptable to the General Counsel, for the purposes stated herein; 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 this Resolution are adopted by reference hereto and incorporated herein as if fully set forth in this Section. Section 2. The Board of Commissioners releases the Covenant, attached and incorporated as Exhibit "A". Section 3. The Executive Director is authorized to negotiate and execute any and all documents necessary, in a form acceptable to the General Counsel, for the purposes stated herein. Section 4. This Resolution shall become effective immediately. City of Miami Page 2 of 3 File ID: 6726 (Revision:) Printed On: 10/25/2019 Packet Pg. 116 1.9 APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ, GENERAL COUNSEL City of Miami Page 3 of 3 File ID: 6726 (Revision:) Printed On: 10/25/2019 Packet Pg. 117 1.9.a This Instrument Prepared By and Return To: Jessica N. Pacheco, Esq. Staff Counsel Omni Redevelopment District Community Redevelopment Agency 49 N.W. 5 Street, Ste. 100 Miami, FL 33128 Declaration of Restrictive Covenants Running with the Land Page 1 of 5 11111111111111111111111111111111111111111 C F N 21309RO86426Z OR Bk 27102 Pss 4686 - 4690; (5 RECORDED 12/03/2009 13:40:46 HARVEY RUVIN, CLERK OF COURT MIAMI-DADE COUNTY, FLORIDA Reserved for Recording DECLARATION OF RESTRICTIVE COVENANTS RUNNING WITH THE LAND THJS DECLARATION OF RESTRICTIVE COVENANT (the "Covenant") made as of the 2. day ofjEM(3fR 200 GI by THE MIAMI WOMAN'S CLUB, a Florida non- profit corporation ("Owner"), is in favor of the OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, of the City of Miami, a public agency and body corporate, created pursuant to Section 163.356, Florida Statutes ("CRA"). RECITALS WHEREAS, the Owner is the owner of that certain real property, more particularly described in Exhibit "A" attached hereto and made a part hereof (the "Property"), which is improved with a four-story historic building; and WHEREAS, the Owner and the CRA entered into that certain Grant Agreement dated November 18, 2008, and that certain Addendum to said Grant Agreement dated June 18, 2009, in which the CRA agreed to provide funds, in an amount not to exceed Three Million Seven Hundred and Fifty Thousand Dollars ($3,750,000) (the "Grant") to Owner to renovate the Improvements (the "Project"); and WHEREAS, the Owner, in consideration of the Grant, has agreed to make a binding commitment to assure that the Property is maintained and operated in accordance with the provisions of this Covenant; NOW THEREFORE, in consideration of the foregoing, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Owner voluntarily covenants and agrees as follows: 1. Recitals: The recitals and findings set forth in the preamble of this Covenant are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Attachment: 6726 Exhibit A (6726 : Removal of the Woman's Club Covenant) Book27102/Page4686 CFN#20090864263 Packet Pg. 118 P ge i u1Z 1.9.a Declaration of Restrictive Covenants Running with the Land Page 2 of 5 2. Covenant: The bwner agrees not to convey or transfer any interest in the Property to any third party. 3. Default: In the event Owner fails to comply with the terms and provisions of this Covenant, and if such noncompliance is not cured, to the CRA's satisfaction, within thirty (30) days from the date of receipt of written notice of default from the CRA, or within such further time as the CRA reasonably determines is necessary to cure (an "Event of Default"), Owner agrees to reimburse the CRA's Grant (the "Reimbursement"). 4. Inspection and Enforcement: It is understood and agreed that any designated inspector of the CRA shall have the right any time during normal business hours to enter and investigate the ownership of the Property to determine whether the conditions of this Covenant is being complied with. 5. Lien Ruts and Priority: The obligation of the Owner to pay the Reimbursement upon the occurrence of an Event of Default shall be secured by this Covenant and the obligation of Owner to pay the Reimbursement shall constitute a lien and encumbrance (the "Lien Rights") upon the Property having priority from the recording of this Covenant and shall have priority over any subsequent lien or encumbrances affecting the Property. 6. Enforcement of Liep Rithts: In the event that Owner fails to pay any of the Reimbursement within ten (10) business days of when due, same shall bear interest at eighteen percent (18%) per annum until paid. The CRA may seek to enforce its Lien Rights pursuant to Section 6, and said Lien Rights shall be enforceable in the same manner as a mortgage foreclosure under Florida Law with priority from the date of recording of this Covenant. The CRA shall be entitled to recover its attorney fees and costs associated with enforcing its Lien Rights and same shall be secured by the Lien Rights. 7. Covenants to Run with the Land: All covenants, agreements, conditions and undertakings contained herein shall extend and inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns and shall be construed as covenants running with the Property. Whenever in this Covenant reference is made to any of the parties, it shall (unless expressly provided to the contrary in such references) be held to include and apply to, wherever applicable, also the successors and assigns of each party. S. Attorneys' Fees and Expenses: In the event of any litigation between the parties, all expenses, including reasonable attorneys' fees and court costs at both the trial and appellate levels, incurred by the prevailing party, shall be paid by the non -prevailing party. The term "attorneys' fees," as used in this Covenant, shall be deemed to include, without limitation, any paraprofessional fees, investigative costs and other charges billed by the attorney to the prevailing party (including any fees and costs associated with collecting such amounts). 9. Severability: In any of the provisions of this Covenant or the application thereof to any person or situation shall, to any extent, be held invalid or unenforceable, the remainder of this Covenant and the application of such provision to persons or situation other than those as to Attachment: 6726 Exhibit A (6726 : Removal of the Woman's Club Covenant) Book27102/Page4687 CFN#20090864263 Packet Pg. 119 P'yezoi0 1.9.a m a. which it shall have been held invalid or unenforceable, shall not be affected thereby and shall continue valid and be in force to the fullest extent permitted by law. Declaration of Restrictive Covenants Running with the Land Page 3 of 5 10. Amendment and Modification: This Covenant may be modified, amended, or released as to any portion of the Property by a written instrument executed on behalf of the CRA and by the then -owner of the fee simple title to the land to be affected by such modification, amendment or release. 11. Termination of the GRA: Upon the termination of the CRA, all rights and obligations of the CRA under this Covenant shall automatically transfer to the City of Miami ("City") and upon such transfer all references in this covenant to the CRA shall be deemed references to the City. 12. Recordation: This Covenant shall be recorded among the Public Records of Miami -Dade County, Florida, at the sole cost and expense of Owner. 13. Effective Date: The effective date of this Covenant shall be the date first written above. 14. Definitions: All capitalized terms not defined herein shall have the meanings provided in the Grant Agreement. [SIGNATURE APPEARS ON FOLLOWING PAGE] Attachment: 6726 Exhibit A (6726 : Removal of the Woman's Club Covenant) Book27102/Page4688 CFN#20090864263 Packet Pg. 120 P'yeui0 1.9.a ri r.� lvi Declaration of Restrictive Covenants Running with the Land Page 4 of 5 IN WITNESS WHEREOF, the Owner has caused this Declaration of Restrictive Covenants to be executed by its duly authorized officers on the day and year first above -written. Witnesses: Oka,. Q24, Print Name:7 j7 t STATE OF FLORIDA )SS COUNTY OF MIAMI-DADE THE MIAMI WOMAN'S CLUB, a Florida non-profit corporation, ("Owner") By: Name: Noreen Timoney Title: President The foregoing instrument was acknowledged before me this 2 day of CP.021 P 2009, by Noreen Timoney, as President of THE MIAMI WOMAN'S CLUB, c p known ( ) or produced identification ( ) type of i •L tificaton produced Print or Stamp Name: Notary Public, State of c`I c)Hci0-. Commission No.: My Commission Expires: rot►sY Ns, Notary Public State of Florida Arlene Leal Morejon y c a` My Commission DD797693 Il'or rto°' Expires 08/13/2012 Attachment: 6726 Exhibit A (6726 : Removal of the Woman's Club Covenant) Book27102/Page4689 CFN#20090864263 PcLPacket Pg. 121 e4ui 3 ,77 1.9.a m Declaration of Restrictive Covenants Running with the Land Page 5 of 5 IT. EXHIBIT "A" OF RESTRICTIVE COVENANT Legal Description of the Property Lot 3, less the South 20 feet thereof that lies East of the West 250 feet thereof and all of Lot 4, Amended Plat of Miramar Plaza, according to the plat thereof, as recorded in Plat Book 33, page 18, Public Records of Miami -Dade County, Florida. Attachment: 6726 Exhibit A (6726 : Removal of the Woman's Club Covenant) Book27102/Page4690 CFN#20090864263 Packet Pg. 122 P'(J,e0UI0 1.9.b ►- , s ~ %'. L„10:4113 re)'illJa August 28, 2019 Via Electronic Mail Isiaa Jones, Esq. Chief Legal Officer Omni Redevelopment District Community Redevelopment Agency City of Miami 1401 North Miami Avenue Miami, FL 33136 Dear Ms. Jones: The Miami Woman's Club 1717 North Bayshore Drive Suite 108pmb7 Miami, Florida 33132 themiamiwomansclub@outlook.com Thank you for the time you spent with Dusty Melton and me recently, as the Club seeks to vacate the Declaration of Restrictive Covenants Running with the.Land that was recorded on the Club's property December 2, 2009. We appreciate and accept your offer, made during our August 7 meeting with CRA Executive Director Jason Walker and other colleagues, to draft an agenda item for presentation to the CRA board. Please consider this to be the Club's formal request to be heard at the earliest CRA meeting possible. We certainly would appreciate the opportunity to review your document when it is in draft format. Thank you again for your assistance and collaboration. Sincerel 7 v, Linda Joseph President Private cell: 305-975-8298 cc: Mr. Jason Walker Mr. Dusty Melton Attachment: 6726 Request for Agenda Item (6726 : Removal of the Woman's Club Covenant) Packet Pg. 123