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Home My WebLink AboutCRA-R-23-0046 Master ReportSoutheast Overtown/Park West Community Redevelopment Agency Master Report Enactment Number: CRA-R-23-0046 819 NW 2nd Ave 3rd Floor Miami, FL 33136 http://miamicra.com File Number: 14728 Revision: A File Type: CRA Resolution Status: ADOPTED WITH MODIFICATION(S) Controlling Body: Southeast Overtown/Park West CRA File Name: Purchase of Property at 350 NW 8th Street and 360 Introduced: 9/21/2023 NW 8th Street Miami, Florida 33136 Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 9/28/2023 Title: 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. Notes: Links: Attachments: File # 14728 - Exhibit A (PDF) File # 14728 - Exhibit B (PDF) History of Legislative File: City of Miami Page 1 of 2 Printed on: 9/11/2025 Southeast Overtown/Park West Community Redevelopment Agency Master Report Enactment Number: CRA-R-23-0046 819 NW 2nd Ave 3rd Floor Miami, FL 33136 http://miamicra.com Revision: Acting Body: Date: Action: Result: Miguel A Valentin James McQueen Vincent T. Brown Southeast Overtown/Park West CRA Southeast Overtown/Park West CRA A Vincent T. Brown A City Clerk's Office 9/21/2023 9/21/2023 9/21/2023 9/28/2023 9/28/2023 10/30/2023 10/30/2023 Finance Review Completed Department Head Review Completed Approved to Form and Legal Completed Sufficiency Meeting Completed ADOPTED WITH Passed MODIFICATION(S) Approved to Form and Legal Completed Sufficiency with Modifi Rendered Completed City of Miami Page 2 of 2 Printed on: 9/11/2025