HomeMy WebLinkAboutCRA-R-23-0026 Bid Waiver Memo - 2023-04-27SEOPW CRA Board of Commissioners Meeting
April 27, 2023
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE 4/5ths RECOMMENDATION
To: Board Chair Christine King Date: April 27, 2023 File:
and Members of the SEOPW CRA Board
Subject: 4/5ths Bid Waiver to Poinciana Village
Condominium Association, Inc.
From: James McQueen References:
Executive Director
Enclosures: File # 13611
BACKGROUND:
A Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment
Agency ("SEOPW CRA") by a four -fifths (4/5') 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 SEOPW CRA; waiving the requirements for
competitive sealed bidding as not being practicable or advantageous to the SEOPW CRA; authorizing authorizing
the allocation of funds to Poinciana Village Condominium Association, Inc. ("Poinciana Village"), in an amount
not to exceed $500,000.00 ("Funds") for elevator modernization, concrete restoration, and exterior building
painting to Poinciana Village located at 201 and 269 N.W. 7th Street, Miami, Florida 33136 (the "Property").
Built in phases during the 1980's and 1990's for the purpose of inspiring homeownership, wealth building and
stimulating economic development in a challenged community, Poinciana Village is a condominium complex
consisting of 64, two and three -bedroom units. Poinciana Village represents one of the few communities in the
Redevelopment Area for homeowners, many of which have owned and resided in their units since its development.
Poinciana needs several costly improvements including roof replacement, 25-year elevator
modernization/replacement, concrete restoration, mailbox replacement, and exterior painting. Poinciana Village
has initiated the process to secure a private loan for funding to cover costs on some of these items but is requesting
assistance from the SEOPW CRA for the elevator work and exterior concrete repairs and painting. The requested
funding of $500,000.00 from the SEOPW CRA is part of a larger Poinciana Village project which totals over
$1,385,000.00.
RECOMMENDATION:
Poinciana Village is one of the few communities in the Redevelopment Area for homeowners. Preserving safe,
secure, and affordable homeownership is vital to redevelopment efforts. As a result, the Executive Director
recommends approval of a bid waiver.