HomeMy WebLinkAboutCRA-R-23-0042Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-23-0042
819 NW 2"d Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
File Number: 14723 Final Action Date:9/28/2023
A RESOLUTION OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY (SEOPW CRA) WITH ATTACHMENT, RETAINING
WEISS SEROTA, ET AL., TO SERVE AS DISCLOSURE COUNSEL, TO ASSIST
WITH ISSUING MUNICIPAL BONDS AND BOND RELATED SERVICES
("PURPOSE"), TO FURTHER THE INITIATIVES SET FORTH IN THE SEOPW
CRA REDEVELOPMENT PLAN UPDATE ("PLAN"); FURTHER AUTHORIZING
THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN
AGREEMENT (EXHIBIT "A") ATTACHED AND INCORPORATED HEREIN,
INCLUDING ANY AND ALL DOCUMENTS NECESSARY, ALL IN FORMS
ACCEPTABLE TO THE GENERAL COUNSEL FOR THE PURPOSE STATED
HEREIN; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING FOR
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 Redevelopment Plan Update (the "Plan"); and
WHEREAS, The Executive Director recommends Weiss Serota, et al., to be retained to
serve as disclosure Counsel for the intended municipal bond issuance and related services
("Purpose"); and
WHEREAS, The purpose of Weiss Serota, et al., serving as disclosure Counsel will
further the objectives and goals set forth in the Plan; and
WHEREAS, The proposed tax increment bond issue, will be issued to provide
infrastructure improvements and affordable housing within the SEOPW CRA redevelopment
area.
WHEREAS, The Board finds that it is in the best interest of the SEOPW CRA to retain
the services of Weiss Serota, et al., as disclosure Counsel; 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.
City of Miami Page 1 of 2 File ID: 14723 (Revision: A) Printed On: 9/11/2025
File ID: 14723 Enactment Number: CRA-R-23-0042
Section 2. The Executive Director is authorized to negotiate and execute an
agreement (Exhibit "A") with Weiss Serota, et al., for Disclosure Counsel services, including
any and all necessary documents and all -in forms acceptable to the General Counsel, for said
Purpose and to bring the final agreement back to the Board for approval.
Section 3. 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 its designee, without the need of public hearing, by filing a corrected copy
of same with the City of Miami City Clerk.
Section 4. This Resolution shall take effect immediately upon adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
e Br ounsel 11/6/2023 Br ounsel 9/21/2023
City of Miami Page 2 of 2 File ID: 14723 (Revision: A) Printed on: 9/11/2025