HomeMy WebLinkAboutCRA-R-23-0045Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-23-0045
819 NW 2"d Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
File Number: 14727 Final Action Date:9/28/2023
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"); AUTHORIZING THE EXECUTIVE DIRECTOR TO RETAIN
SEIBERT WILLIAMS, ET AL., TO SERVE AS UNDERWRITERS FOR THE
INTENDED BOND ISSUANCE; PROVIDING FOR INCORPORATION OF
RECITALS; PROVIDING FOR AN EFFECTIVE DATE; 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; PROVIDING FOR
INCORPORATION OF RECITALS, AND 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 Seibert Williams, et al., be appointed to serve
as underwriters for the intended bond issuance; and
WHEREAS, Seibert Williams, et al., currently serves as an underwriter for the City of Miami
Non -Ad Valorem Special Obligations Bond Issuance (Series 2023); and
WHEREAS, The SEOPW CRA will be piggybacking on the current engagement that Seibert
Williams, et al., has with the City of Miami; and
WHEREAS, the Board of Commissioners finds that authorizing this Resolution in; and
WHEREAS, to authorize the Executive Director to negotiate and execute any and all agreements
necessary, all -in forms acceptable to the General Counsel, to retain the services of Seibert Williams, et al.,
to serve as bond underwriters;
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 Executive Director is hereby authorized to retain the services of Seibert
Williams, et al., to serve as bond underwriters.
City of Miami Page 1 of 2 File ID: 14727 (Revision:) Printed On: 9/11/2025
File ID: 14727 Enactment Number: CRA-R-23-0045
Section 3. 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 4. 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 of Miami City Clerk.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
:. ` - ounsel 9/21/2023
City of Miami Page 2 of 2 File ID: 14727 (Revision:) Printed on: 9/11/2025