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HomeMy WebLinkAboutCRA-R-23-0033 MemorandumSEOPW Board of Commissioners Meeting July 27, 2023 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Members of the CRA Board From: James McQueen Executive Director Date: July 28, 2023 File: 14034 Subject: 4/5ths Bid Waiver to 1818 Apartment Rental, LLC Enclosures: File # 14034 - Notice to the Public 2023-05-25 File # 14034 - Bid Waiver Memo 2023-05-25 File # 14034 - Backup 2023-05-25 File # 14034 - Notice to the Public File # 14034 - Bid Waiver Memo File # 14034 - Backup 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 aggregate 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. JUSTIFICATION: Section 2, Goals 4 and 6, of the SEOPW CRA 2018 Redevelopment Plan Update ("Plan") lists the "creating infill housing, diversity in housing types, and retaining affordable housing" as a stated redevelopment goal. Florida Statutes, Section 163.335(6) of the Community Redevelopment Act found and declared that there exists " ... a severe shortage of housing affordable to residents of low or moderate income, including the elderly ... [and] such condition[s] affect the health, safety and welfare of the residents ... and retards their growth and economic and social development .... ". Section 2, Principle 2 of the Plan also provides that the "neighborhood has to retain access to affordable housing even as the neighborhood becomes more desirable to households with greater means" as a stated redevelopment principle. Section 2, Principle 3 of the Plan further provides that "there must be variety in housing options" as a stated redevelopment principle. FUNDING: $1,800,000 allocated from Grants and Aids" Account No. 10050.920101.883000.0000.00000. FACT SHEET: Company name: 1818 Apartment Rental, LLC Address: 1818 N.W. 2nd Court, Miami, FL 33136 Funding request: $1,800,000.00 Scope of work or services (Summary): Full rehabilitation including new roofing, facade improvements, impact windows and doors, electrical systems, HVAC, framing, drywall, flooring, ceilings, new kitchens and baths, finishes, appliances, and perimeter fencing. Page 2 of 6 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: July 27, 2023 CRA Section: Brief description of CRA Agenda Item: Authorizing the allocation of funding in an amount not to exceed $1,800,000.00 to support 1818 Apartment Rental, LLC. Project Number YES, there Account Code: (if applicable): are sufficient funds in Line Item: 10050.920101.883000.0000.00000 Amount: $1 , 8 0 0 , 0 0 0.0 0 NO (Complete the following source of funds information): Amount budgeted in the line item: $ Balance in the line item: $ Amount needed in the line item: $ Sufficient funds will be transferred from the following line items: ACTION ACCOUNT NUMBER TOTAL Project No./Index/Minot Object From $ To $ From $ To $ Comments: Approved by: Approval: Executive Director 5/18/2023 J Executive Director 7/20/2023 Miguel A Valentin, ririarice Off;cer 5/18/2023 Miguel A Valentin, Finance ©facer 7/20/2023 Page 3 of 6 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: CRA-R-23-0033 File Number: 14034 Final Action Date:7/27/2023 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 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 EXECUTIVE DIRECTOR TO DISPERSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION, SUBJECT TO THE AVAILABILITY OF FUNDING, FROM THE GRANTS AND AIDS" ACCOUNT, ACCOUNT NO. 10050.920101.883000.0000.00000, IN AN AGGREGATE AMOUNT TO NOT EXCEED ONE MILLION EIGHT HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($1,800,000.00) ("FUNDS"), TO 1818 APARTMENT RENTAL, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("1818"), FOR THE REHABILITATION OF 1818 N.W. 2ND COURT ("PROPERTY"); FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AGREEMENT, INCLUDING ANY AND ALL DOCUMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO THE GENERAL COUNSEL; FOR THE ALLOCATION OF THE FUNDS FOR THE PURPOSE STATED HEREIN; SUBJECT TO THE AVAILABILITY OF FUNDING; PROVIDING FOR INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible for carrying out community redevelopment activities and projects within its redevelopment area in accordance with the 2018 Southeast Overtown/Park West Community Redevelopment Agency Plan Update (the "Plan"); and WHEREAS, Section 2, Goals 4 and 6, of the Plan lists the "creating infill housing, diversity in housing types, and retaining affordable housing" as a stated redevelopment goal; and WHEREAS, Florida Statutes, Section 163.335(6) of the Community Redevelopment Act found and declared that there exists " ... a severe shortage of housing affordable to residents of low or moderate income, including the elderly ... [and] such condition[s] affect the health, safety and welfare of the residents ... and retards their growth and economic and social development .... "; and Page 4 of 6 WHEREAS, Section 2, Principle 2 of the Plan also provides that the "neighborhood has to retain access to affordable housing even as the neighborhood becomes more desirable to households with greater means" as a stated redevelopment principle. and WHEREAS, Section 2, Principle 3 of the Plan further provides that "there must be variety in housing options" as a stated redevelopment principle; and WHEREAS, 1818 Apartment Rental, LLC, ("1818") owns the Property and has requested assistance from the SEOPW CRA for the rehabilitation of the Property; and WHEREAS, the Board of Commissioners wishes to authorize funding in an aggregate amount not to exceed One Million Eight Hundred Thousand Dollars and Zero Cents ($1,800,000.00) ("Funds") to 1818; and WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the SEOPW CRA redevelopment goals and objectives; and WHEREAS, based on the recommendation and findings of the Executive Director, it is in the SEOPW CRA's best interest for the Board of Commissioners to authorize, by an affirmative four -fifths (4/5ths) vote, a waiver of competitive sealed bidding procedures pursuant to Section 18-85 and 18-86 of the Code of the City of Miami, Florida, as amended ("City Code"), as adopted by the SEOPW CRA, and to authorize the Executive Director to negotiate and executive any and all agreements necessary, all in forms acceptable to the General Counsel, with 1818 for provision of grant funds in an aggregate amount not to exceed One Million Eight Hundred Thousand Dollars And Zero Cents ($1,800,000.00), subject to the availability of funds; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST 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. By a four -fifths (4/5th) affirmative vote, after an advertised public hearing, the Executive Director's recommendation and written findings that competitive negotiation methods and procedures are not practicable or advantageous to the SEOPW CRA, pursuant to Section 18-85 and 18-86 of the City Code, as adopted by the SEOPW CRA, and waiving the requirements for said procedures is ratified, approved, and confirmed. Section 3. The Executive Director is hereby authorized to disperse funds, at his discretion, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation from the Grants and Aids" Account No. Grants and Aids" Account No. 10050.920101.883000.0000.00000, for the project at the Property. Section 4. The Executive Director is authorized to negotiate and execute an agreement, including any and all necessary documents, and all -in forms acceptable to the General Counsel, for said purpose. Section 5. Sections of this Resolution may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the Executive Director, or the Executive Director's designee, without need of public hearing, by filing a corrected copy of same with the City Clerk. Page 5 of 6 Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ounsel 7/20/2023 V.H? e ounsel 5/18/2023 Page 6 of 6