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HomeMy WebLinkAboutCRA-R-23-0033 Bid Waiver Memo 2023-05-25SEOPW Board of Commissioners Meeting May 25, 2023 THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4/5ths RECOMMENDATION INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: May 25, 2023 File: Members of the SEOPW CRA Board Subject: 4/5ths Bid Waiver to 1818 Apartment Rental, LLC. From: James McQueen References: Executive Director Enclosures: BACKGROUND: A Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW 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 SEOPW CRA; waiving the requirements for competitive sealed bidding as not being practicable or advantageous to the SEOPW CRA; authorizing the allocation of funding in an amount not to exceed One Million Eight Hundred Thousand Dollars and Zero Cents ($1,800,000.00) ("Funds"), to support 1818 Apartment Rental, LLC, a Florida limited liability company ("1818"). 1818 has requested funds from the SEOPW CRA for the rehabilitation of 1818 N.W. 2nd Court, Miami, FL 33136 (the "Property"). The Property is a vacant 11-unit, 3-story apartment building built in 1956 in need of complete rehabilitation. The long-standing owners of the building are requesting support towards the rehabilitation of the building and have agreed to restrict the rents of completed units to affordable levels at a rate and term amenable to the SEOPW CRA. RECOMMENDATION: In light of the above stated, approval of a waiver of the formal requirements of competitive sealed bidding methods as not being practicable or advantageous to the Southeast Overtown/Park West Community Redevelopment Agency as set forth in the City Code of Ordinances, as amended, specifically Section 18-85 (A), and the affirmation of these written findings and the forwarding the same to the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency by a four fifths vote is respectfully requested. APPROVED BY: Jam cQ een, Executive Director