HomeMy WebLinkAboutCRA-R-23-0015 CRA Extension LetterOmni
CrA
February 6, 2023
Nick Inaindar
Wynwood Works, LLC
c/o Magellan Housing, LLC
2100 Coral Way, Suite 405
Miami, FL 33145
Re: Closing Date Applicable to CRA agreement with Wynwood Works, LLC
Dear Mr. Inamdar:
The Agreement between the Omni Redevelopment District Community Redevelopment
Agency and Wynwood Works, LLC, for Development of Property with an effective of November
24th, 2020 (the "Original Agreement") as executed by and between the OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, a public
agency and body created pursuant to Section 163.356, Florida Statutes (the "CRA"), and
WYNWOOD WORKS, LLC, a Florida limited liability company (the "Developer"), as modified,
is hereby administratively amended as follows:
Closin1 Date. The first sentence of Section 13.1, "Closing," shall be amended to read as follows:
The closing of the transaction (the "Closing") contemplated by this Agreement shall
occur on the earlier of the following (the "Closing Date") (a) ten (10) days after all
the CRA Conditions Precedent to closing have been either satisfied or waived by
the CRA or (b) May 31, 2023.
This modification of the CRA Agreement is in the best interest of the CRA, is consistent with the
CRA's Redevelopment Plan, and is in the best interest of the residents and businesses within the
CRA's boundaries.
Sincerely yours,
Humberto Gonzalez
Executive Director
Omni Redevelopment District Community Redevelopment Agency
1401 N Miami Avenue, 2nd Floor
Miami, FL 33136
Omni Community Redevelopment Agency • Alex Diaz De La Portilla, Chairman H. Bert Gonzalez, Executive Director
1401 N. Miami Ave. Miami, FL 33136 • www.onmicra.ccm • 305.679.6868. 305.679.6870