HomeMy WebLinkAboutCRA-R-23-0034Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-23-0034
819 NW 2"d Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
File Number: 14360 Final Action Date:7/27/2023
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"), WITH ATTACHMENT(S), AMENDING RESOLUTION NUMBER
CRA-R-23-0017, INCORPORATED HEREIN AS EXHIBIT "A"; CORRECTING THE
DATE OF COMPLETION FOR THE SAWYER WALK PROJECT IN THE
AMENDED RESTRICTIVE COVENANT FROM MARCH 1, 2024 TO MARCH 1,
2025, HEREIN INCORPORATED AS EXHIBIT "B"; AUTHORIZING THE
EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS
REQUIRED TO EFFECTUATE THIS RESOLUTION AND THE AMENDMENT TO
THE RESTRICTIVE COVENANT, EXHIBIT "B"; 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 Update Southeast Overtown/Park West Community Redevelopment
Plan Update ("Plan"); and
WHEREAS, The SEOPW CRA approved resolution CRA-R-23-0017 on April 27, 2023; and
WHEREAS; Exhibit "A" to resolution CRA-R-23-0017 had the incorrect date of completion as
March 2, 2024, instead of March 1, 2025, and
WHEREAS, Exhibit `B" corrects the date of completion to March 1, 2025; and
WHEREAS, Exhibit `B" attached hereto and incorporated herein and contains, in part, the
following:
1. Amendments.
(a) The second sentence of Section 4.1 of the Covenant is
hereby amended, restated and replaced in its entirety as follows:
"The Developer shall complete the Project, including Sawyer's Walk, as
hereinafter defined, substantially in accordance with the Plans as
evidenced by temporary and permanent certificates of occupancy for all of
the Residential Units included in the Plans and temporary certificates of
completion (or their equivalent) (with cold and dark shells for their
interiors) for all other components of the improvements comprising the
Project as reflected on the Plans ("Completion") on or before March 1,
2025 (the "Completion Date")."
City of Miami Page 1 of 2 File ID: 14360 (Revision: A) Printed On: 9/11/2025
File ID: 14360 Enactment Number: CRA-R-23-0034
(b) Section 4.5 of the Covenant is hereby amended and restated
to read as follows:
"4.5. Failure to Complete the Project. If the Developer has not achieved
Completion on or prior to the Completion Date, as automatically extended
one day for each day of Unavoidable Delay, and as same may be extended
in accordance with Section 4.3, the Developer shall pay to the CRA, as
liquidated damages, Ten Thousand and No/100 Dollars ($10,000.00) per
day for each day from Completion Date, as same may be extended until
Completion."
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. The Board of Commissioners hereby, as attached hereto and incorporated herein
as Exhibit "B", and approves the terms contained therein.
Section 3. The Executive Director is authorized to execute any and all documents all -in
forms acceptable to the General Counsel required to consummate the transaction.
Section 4. Sections of this Resolution may be renumbered or re -lettered and correction 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 a public hearing, by filing a corrected copy of the same
with the SEOPW CRA Board Clerk.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
Bri�ounsel
8/4/2023 ce Br ounsel
7/20/2023
City of Miami Page 2 of 2 File ID: 14360 (Revision: A) Printed on: 9/11/2025