HomeMy WebLinkAboutCRA-R-23-0040 Exhibit AExhibit "A"
Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-23-0029
File Number: 14068 Final Action Date:5/25/2023
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.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency
("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 Updated Southeast
Overtown/Park West Community Redevelopment Plan Update (the "Plan"); and
WHEREAS, the CRA wishes to acquire the real properties currently owned by St.
John Institutional Missionary Baptist Church, Inc. ("Seller") located at 1322 Northwest 3rd
Avenue, 311 Northwest 13th Street, and 1300 Northwest 3rd Avenue, Miami, Florida
33136, containing an approximate total adjusted area of 26, 241 square feet ("Property"),
City of Miami Page 1 of 3 File ID: 14068 (Revision:) Printed On: 6/5/2023
File ID: 14068 Enactment Number: CRA-R-23-0029
as legally described in the Purchase and Sale Agreement ("Agreement"),
in a form acceptable to Counsel; and
WHEREAS, pursuant to Section 163.370, Florida Statutes, and the Plan, the CRA plans
to develop the Property to enhance the quality of life in the surrounding area and address slum
and blight; and
WHEREAS, the proposed acquisition of the Property is consistent with Section 1 of the
Plan at page 10; and
WHEREAS, the CRA's estimated total cost for the acquisition of the Property will not
exceed the appraised value of the subject property plus the cost of a survey, environmental
report, title insurance, and related closing costs associated with said acquisition; and
WHEREAS, William Bloom of the Holland and Knight law firm can assist the General
Counsel with 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;
WHEREAS, it is in the best interest of the CRA to authorize an amendment to the
Covenant;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY:
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. Pursuant to Section 163.370, Florida Statutes, and the Plan, the
Executive Director is authorized to execute the Agreement, in a form acceptable to the
General Counsel, between the CRA and the Seller for the acquisition of the Property for a
total purchase price not to exceed the appraised value.
Section 3. The CRA shall obtain a written appraisal from a licensed Florida
appraiser stating that the appraised value of the Property.
Section 4. The Executive Director is further authorized to negotiate and execute any
and all necessary documents, including any amendments and modifications to said Agreement,
in a form acceptable to Counsel, as may be necessary to effectuate said acquisition, with funds
allocated from account number 10050.920101.662000.0000.00000, to cover the cost of said
acquisition, plus the cost of a survey, environmental report, title insurance, and related closing
costs associated with said acquisition, in accordance with the terms and conditions of the
Agreement.
Section 5. The Executive Director shall issue a report on the status of this potential
acquisition within 14 days of the passage of this resolution.
City of Miami Page 2 of 3 File ID: 14068 (Revision:) Printed on: 6/5/2023
File ID: 14068 Enactment Number: CRA-R-23-0029
Section 6. The CRA is authorized to engage William Bloom of the Holland & Knight
law firm 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.
Section 7. 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.
Section 8. This Resolution shall be effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
4
ounsel 6/2/2023
City of Miami Page 3 of 3 File ID: 14068 (Revision:) Printed on: 6/5/2023