Loading...
HomeMy WebLinkAboutCRA-R-23-0029 Master ReportSoutheast Overtown/Park West Community Redevelopment Agency Master Report Enactment Number: CRA-R-23-0029 819 NW 2nd Ave 3rd Floor Miami, FL 33136 http://miamicra.com File Number: 14068 Revision: File Type: CRA Resolution Status: ADOPTED Controlling Body: Southeast Overtown/Park West CRA File Name: Purchase of Property - St. John Institutional Introduced: 5/26/2023 Missionary Baptist Church, Inc. Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 5/25/2023 Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN A FORM ACCEPTABLE TO COUNSEL, BETWEEN THE CRA AND ST. JOHN INSTITUTIONAL MISSIONARY BAPTIST CHURCH INC. FOR THE ACQUISITION OF THE REAL PROPERTIES LOCATED AT 1322 NW 3 AVENUE, 311 NW 13 STREET, AND 1300 NW 3 AVENUE MIAMI, FLORIDA 33136, CONTAINING AN APPROXIMATE TOTAL ADJUSTED AREA OF 26,241 SQUARE FEET ("PROPERTY"), AS LEGALLY DESCRIBED IN THE AGREEMENT FOR A TOTAL PURCHASE PRICE NOT TO EXCEED TWO MILLION FIVE HUNDRED THOUSAND DOLLARS ($2,500,000.00), CONTINGENT UPON THE CRA OBTAINING A WRITTEN APPRAISAL FROM A LICENSED FLORIDA APPRAISER STATING THAT THE APPRAISED VALUE OF THE PROPERTY, IS AT A MINIMUM, THE REFERENCED AMOUNT HEREIN, PURSUANT TO SECTION 163.370, FLORIDA STATUTES, AND THE CRA REDEVELOPMENT PLAN, WITH THE OPTION TO REPURCHASE THE PROPERTY AT A LATER DATE, AS SPECIFIED IN THE AGREEMENT; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING ANY AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT, IN A FORM ACCEPTABLE TO COUNSEL, TO EFFECTUATE SAID ACQUISITION; ALLOCATING FUNDS FROM ACCOUNT TITLED PURCHASE OF REAL PROPERTY, IN A TOTAL AMOUNT NOT TO EXCEED THE APPRAISED VALUE PLUS THE COST OF A SURVEY, ENVIRONMENTAL REPORT, TITLE INSURANCE, AND RELATED CLOSING COSTS ASSOCIATED WITH THE ACQUISITION, IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE AGREEMENT; FURTHER AUTHORIZING THE COUNSEL TO ENGAGE WILLIAM BLOOM OF THE HOLLAND AND KNIGHT LAW FIRM AS OUTSIDE COUNSEL FOR THE REPRESENTATION OF THE CRA ON ALL MATTERS RELATED TO A TITLE COMMITMENT AND POLICY, A PHASE I ENVIRONMENTAL SITE ASSESSMENT REPORT (AND PHASE II IF REQUIRED), A SURVEY, AND REPRESENTATION AT CLOSING; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. Notes: Links: Attachments: File # 14068 - Back up (PDF) History of Legislative File: City of Miami Page 1 of 2 Printed on: 9/11/2025 Southeast Overtown/Park West Community Redevelopment Agency Master Report Enactment Number: CRA-R-23-0029 819 NW 2nd Ave 3rd Floor Miami, FL 33136 http://miamicra.com Revision: Acting Body: Date: Action: Result: Southeast Overtown/Park 5/25/2023 West CRA Southeast Overtown/Park 5/25/2023 West CRA Miguel A Valentin 6/2/2023 James McQueen 6/2/2023 Vincent T. Brown 6/2/2023 City Clerk's Office 6/2/2023 Meeting ADOPTED Finance Review Department Head Review Approved to Form and Legal Sufficiency Rendered Completed Passed Completed Completed Completed Completed City of Miami Page 2 of 2 Printed on: 9/11/2025