HomeMy WebLinkAboutCRA-R-23-0046Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
CRA Resolution: CRA-R-23-0046
File Number: 14728 Final Action Date:9/28/2023
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"), WITH ATTACHMENT(S), AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE A PURCHASE AND SALE AGREEMENT
("AGREEMENT") (EXHIBIT "A") INCORPORATED HEREIN, BETWEEN THE
SEOPW CRA AND GLORIA B. LEWIS ("SELLER") FOR THE ACQUISITION OF
THE REAL PROPERTIES LOCATED AT: 350 N.W. 8TH STREET; 360 N.W. 8TH
STREET; 374 N.W. 8TH STREET; AND 378 N.W. 8TH STREET, MIAMI,
FLORIDA 33136, CONTAINING AN APPROXIMATE TOTAL ADJUSTED AREA
OF 22,518 SQUARE FEET ("PROPERTY"), AS LEGALLY DESCRIBED IN THE
AGREEMENT FOR AN AMOUNT NOT TO EXCEED THREE MILLION, FIVE
HUNDRED THOUSAND DOLLARS, AND NO CENTS ($3,500,000.00), THE
APPRAISED VALUE OF THE PROPERTY AS DEPICTED IN EXHIBIT "B",
ATTACHED AND INCORPORATED HEREIN, PURSUANT TO SECTION
163.370, FLORIDA STATUTES, AND THE SEOPW CRA REDEVELOPMENT
PLAN, SUBJECT TO REASONABLE AND CUSTOMARY COSTS FOR SURVEY,
ENVIRONMENTAL REPORTS, TITLE INSURANCE AND CLOSING COSTS;
ALLOCATING FUNDS FROM ACCOUNT TITLED PURCHASE OF REAL
PROPERTY, ACCOUNT NUMBER 10050.920101.662000.0000.00000; THE
FORGIVENESS OF PREVIOUS GRANTS IN THE AMOUNT OF ONE -MILLION
FOUR HUNDRED TWENTY FIVE THOUSAND DOLLARS AND ZERO CENTS
($1,425,000.00) AND THE CANCELLATION OF A PREVIOUSLY GIVEN NOTE
AND MORTGAGE IN THE AMOUNT OF EIGHTY-EIGHT THOUSAND DOLLARS
AND ZERO CENTS ($88,000.00) TO THE SELLER; FURTHER AUTHORIZING
THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ALL
NECESSARY DOCUMENTS, INCLUDING ANY AMENDMENTS AND
MODIFICATIONS TO SAID AGREEMENT, IN A FORM AND TERMS
CONSISTENT WITH EXHIBIT "A" AND ACCEPTABLE TO THE GENERAL
COUNSEL AND SPECIAL OUTSIDE COUNSEL WILLIAM BLOOM, OF HOLLAND
& KNIGHT, LLP, THAT MAY BE NECESSARY TO EFFECTUATE SAID
ACQUISITION; PROVIDING FOR THE 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 Plan Update (the "Plan"); and
WHEREAS, SEOPW CRA wishes to acquire the real properties currently owned by Gloria
B. Lewis ("Seller") located 350 N.W. 8th Street; 360 N.W. 8th Street; 374 N.W. 8th Street; and 378
N.W. 8th Street, Miami, Florida 33136, containing an approximate total adjusted area of 22,518
square feet ("Property"), as legally described in the Purchase and Sale Agreement ("Agreement"),
in a form acceptable to Counsel(s) for the SEOPW CRA.; and
City of Miami Page 1 of 3 File ID: 14728 (Revision: A) Printed On: 9/11/2025
File ID: 14728 Enactment Number: CRA-R-23-0046
WHEREAS, pursuant to Section 163.370, Florida Statutes, and the Plan, the SEOPW 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 SEOPW CRA's estimated total cost for the acquisition of the Property will not
exceed Three Million, Five Hundred Thousand Dollars, and No Cents ($3,500,000.00), the appraised
value of the Property as depicted in Exhibit "B" attached and incorporated herein, pursuant to section
163.370, Florida Statutes, and the SEOPW CRA Redevelopment Plan, excluding reasonable and
customary costs for a survey, environmental reports, title insurance and closing costs;
WHEREAS, as a condition of the purchase, the SEOPW CRA shall forgive a grant in the amount
of One -million Four Hundred Twenty -Five Thousand Dollars and Zero Cents ($1,425,000.00) and cancel
a mortgage and note in the amount of Eighty -Eight Thousand Dollars and Zero Cents ($88,000.00) to the
Seller.
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 Counsel of the SEOPW CRA
for the acquisition of the Property for a total purchase price not to exceed the appraised value.
Section 3. 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, excluding
reasonable and customary costs for 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 4. The Executive Director shall issue a report on the status of this potential
acquisition within 14 days of the passage of this resolution.
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 of Miami City Clerk.
Section 6. This Resolution shall be effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
City of Miami Page 2 of 3 File ID: 14728 (Revision: A) Printed on: 9/11/2025
File ID: 14728 Enactment Number: CRA-R-23-0046
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10/30/2023 yeraeTN§lalaounsel
9/21/2023
City of Miami Page 3 of 3 File ID: 14728 (Revision: A) Printed on: 9/11/2025