HomeMy WebLinkAboutSEOPW CRA 2024-05-23 AgendaCity of Miami
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
Meeting Agenda
Thursday, May 23, 2024
10:00 AM
City Hall
3500 Pan American Drive
Miami, FL 33133
SEOPW Community Redevelopment Agency
Christine King, Chair, District Five
Miguel Angel Gabela, Board Member, District One
Damian Pardo, Board Member, District Two
Joe Carollo, Board Member, District Three
Manolo Reyes, Board Member, District Four
SEOPW CRA OFFICE ADDRESS:
819 NW 2ND AVENUE, 3RD FLOOR
MIAMI, FL 33136
Phone: (305) 679-6800 I Fax (305) 679-6835
www.miamicra.com
Southeast Overtown/Park West CRA Meeting Agenda
May 23, 2024
CALL TO ORDER
CRA PUBLIC COMMENTS
MINUTES APPROVAL
CRA RESOLUTION
1. CRA RESOLUTION
15853 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 THE PROFESSIONAL SERVICES
AGREEMENT ("PSA"), ATTACHED AND INCORPORATED HEREIN AS
EXHIBIT "A", IN A FORM ACCEPTABLE TO GENERAL COUNSEL,
BETWEEN THE SEOPW CRA AND HOOD DESIGN STUDIO, INC., A
FOREIGN PROFIT CORPORATION AUTHORIZED TO DO BUSINESS IN
THE STATE OF FLORIDA ("HDS"), FOR LANDSCAPE ARCHITECTURE
SERVICES FOR IMPROVEMENTS TO NW 9TH STREET PEDESTRIAN
MALL ("PURPOSE"); FURTHER AUTHORIZING THE ALLOCATION OF
FUNDS IN AN AMOUNT NOT TO EXCEED THREE HUNDRED THOUSAND
DOLLARS AND ZERO CENTS ($300,000.00) ("FUNDS") FROM ACCOUNT
NO. 10050.920101.534000, TITLED "OTHER CONTRACTUAL SERVICES;"
FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY
AND ALL DOCUMENTS NECESSARY TO ACCOMPLISH SAID PURPOSE,
ALL IN FORMS ACCEPTABLE TO GENERAL COUNSEL; PROVIDING FOR
INCORPORATION OF RECITALS AND PROVIDING FOR AN EFFECTIVE
DATE.
File # 15853 - Backup
File # 15853 - Exhibit A
City ofMiarni Page 2 Printed on 5/16/2024
Southeast Overtown/Park West CRA Meeting Agenda
May 23, 2024
2. CRA RESOLUTION
16077 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AGENCY (THE "CRA"), WITH ATTACHMENT(S), THE CRA ISSUED
REQUEST FOR INFORMATION ("RFI") 23-03 (EXHIBIT "A") FOR
PROPOSALS TO PARTICIPATE IN RECEIVING BOND FUNDING FOR
PROJECTS IN THE REDEVELOPMENT AREA, THE EXECUTIVE
DIRECTOR RECOMMENDS THE ACCEPTANCE AND APPROVAL OF THE
PROJECTS LISTED ON EXHIBIT "B", ATTACHED AND INCORPORATED
HEREIN; AUTHORIZING THE CRA TO SEEK A NON -RECOURSE BOND
ISSUE LOAN SECURED BY A PLEDGE OF TAX INCREMENT FINANCING
("TIF") , IN AN AMOUNT NOT TO EXCEED ONE -HUNDRED SIXTY MILLION
DOLLARS ($160,000,000.00) ("FUNDS") TO FINANCE REDEVELOPMENT
ACTIVITIES; APPROVING THE PROJECTS FOR THE USE OF THE
PROCEEDS FROM THE IMPENDING BOND ISSUANCE; AND
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE
APPROPRIATE AGREEMENTS WITH RESPECT TO EACH PROJECT;
PROVIDING FOR INCORPORATION OF RECITALS; AND PROVIDING FOR
AN EFFECTIVE DATE.
File # 16077 - Exhibit A
File # 16077 - Exhibit B
City ofMiarni Page 3 Printed on 5/16/2024
Southeast Overtown/Park West CRA Meeting Agenda
May 23, 2024
3. CRA RESOLUTION
16078 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AGENCY ("SEOPW CRA"), WITH ATTACHMENT(S), BY A FOUR -FIFTHS
(4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC
HEARING, RATIFYING, APPROVING, AND CONFIRMING THE EXECUTIVE
DIRECTOR'S RECOMMENDATION AND FINDING THAT COMPETITIVE
NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE
OR ADVANTAGEOUS, PURSUANT TO SECTIONS 18-85 OF THE CODE OF
THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE"), AND AS
ADOPTED BY THE SEOPW CRA; WAIVING THE REQUIREMENTS FOR
COMPETITIVE SEALED BIDDING AS NOT BEING PRACTICABLE OR
ADVANTAGEOUS TO THE SEOPW CRA; AUTHORIZING ADDITIONAL
GRANT FUNDING IN AN AMOUNT NOT TO EXCEED THREE MILLION NINE
HUNDRED SIXTY THOUSAND FOUR HUNDRED EIGHTY-THREE
DOLLARS AND ZERO CENTS ($3,960,483.00) ("ADDITIONAL FUNDING"),
BRINGING THE TOTAL PROJECT COST TO THIRTY-ONE MILLION, SIX
HUNDRED EIGHTEEN THOUSAND, EIGHT HUNDRED SIXTEEN DOLLARS
AND ZERO CENTS ($31,618,816.00) ("FUNDS"), TO THE TOWN PARK
PLAZA NORTH CONDOMINIUM ASSOCIATION, INC., A FLORIDA NOT FOR
PROFIT CORPORATION ("TPPN"), TO COMPLETE THE REHABILITATION
OF THE PROPERTY LOCATED AT 1945 N.W. 5TH PLACE, MIAMI,
FLORIDA 33136 ("PURPOSE"); FURTHER AUTHORIZING THE EXECUTIVE
DIRECTOR TO NEGOTIATE AND EXECUTE AN AMENDMENT, IN A FORM
ACCEPTABLE TO THE GENERAL COUNSEL, TO THE SEOPW CRA'S
PRIOR AGREEMENT WITH TPPN TO PROVIDE FOR THE ADDITIONAL
FUNDING FOR SAID PURPOSE; AND PROVIDING FOR AN EFFECTIVE
DATE.
File # 16078 - Bid Waiver Memo
File # 16078 - Backup
File # 16078 - Notice to the Public
City ofMiarni Page 4 Printed on 5/16/2024
Southeast Overtown/Park West CRA Meeting Agenda
May 23, 2024
4. CRA RESOLUTION
16079 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AGENCY ("SEOPW CRA"), WITH ATTACHMENT(S), RETROACTIVELY
APPROVING AND RATIFYING THE EXECUTIVE DIRECTOR'S TO
EXECUTE THE PURCHASE AND SALE AGREEMENT ("AGREEMENT")
(EXHIBIT "A") ATTACHED AND INCORPORATED HEREIN, NEGOTIATE
AND EXECUTE ALL NECESSARY DOCUMENTS, INCLUDING ANY
AMENDMENTS AND MODIFICATIONS TO SAID AGREEMENT IN A FORM
ACCEPTABLE TO COUNSEL, BETWEEN THE SEOPW CRA, CIPRICO
HOLDINGS, LLC., A FLORIDA LIMITED LIABILITY COMPANY, AND
FRONTIER FUELS, INC., TRS., A FOREIGN PROFIT CORPORATION
("SELLER"), FOR THE ACQUISITION OF THE REAL PROPERTIES
LOCATED AT 457 N. W. 8TH STREET, 813 N. W. 5TH AVENUE, 721 & 729
N. W. 6TH AVENUE, AND 444 & 432 N. W. 7TH STREET, MIAMI, FLORIDA
33136, CONTAINING AN APPROXIMATE TOTAL ADJUSTED AREA OF
79,000 SQUARE FEET ("PROPERTIES"), AS LEGALLY DESCRIBED IN THE
AGREEMENT FOR A TOTAL PURCHASE PRICE NOT TO EXCEED SIX
MILLION FIVE HUNDRED FIFTEEN THOUSAND DOLLARS AND ZERO
CENTS ($6,515,000.00), CONTINGENT UPON THE SEOPW CRA
OBTAINING A WRITTEN APPRAISAL FROM A LICENSED FLORIDA
APPRAISER STATING THAT THE APPRAISED VALUE OF THE
PROPERTIES, IS AT A MINIMUM, THE REFERENCED AMOUNT HEREIN,
PURSUANT TO SECTION 163.370, FLORIDA STATUTES, AND THE
SEOPW CRA REDEVELOPMENT PLAN; ALLOCATING FUNDS FROM
ACCOUNT TITLED PURCHASE OF REAL PROPERTY, ACCOUNT NUMBER
10050.920101.662000.0000.00000 IN A TOTAL AMOUNT NOT TO EXCEED
PENDING INFORMATION ($6,515,000.00) INCLUSIVE OF SAID
ACQUISITION, THE COST OF A SURVEY, ENVIRONMENTAL REPORT,
TITLE INSURANCE, AND RELATED CLOSING COSTS ASSOCIATED WITH
SAID ACQUISITION; PROVIDING FOR THE INCORPORATION OF
RECITALS AND AN EFFECTIVE DATE.
File # 16079 - Exhibit A
File # 16079 - Exhibit B
City ofMiarni Page 5 Printed on 5/16/2024
Southeast Overtown/Park West CRA Meeting Agenda
May 23, 2024
5. CRA RESOLUTION
16081 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AGENCY ("SEOPW CRA"), BY A FOUR -FIFTHS (4/5THS) AFFIRMATIVE
VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING,
APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S
RECOMMENDATION AND FINDING THAT COMPETITIVE NEGOTIATION
METHODS AND PROCEDURES ARE NOT PRACTICABLE OR
ADVANTAGEOUS PURSUANT TO SECTIONS 18-85 OF THE CODE OF
THE CITY OF MIAMI, FLORIDA, AS AMENDED, AS ADOPTED BY THE
SEOPW CRA; WAIVING THE REQUIREMENTS FOR COMPETITIVE
SEALED BIDDING AS NOT BEING PRACTICABLE OR ADVANTAGEOUS
TO THE SEOPW CRA; AUTHORIZING THE EXECUTIVE DIRECTOR TO
DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS
OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND
SATISFACTORY DOCUMENTATION, SUBJECT TO THE AVAILABILITY OF
FUNDING, FROM THE SEOPW CRA TAX INCREMENT FUND, "OTHER
GRANTS AND AID" ACCOUNT NO. 10050.920101.883000.0000.00000 IN AN
AMOUNT TO NOT EXCEED FIFTY-SEVEN THOUSAND FORTY-NINE
DOLLARS AND NO CENTS ($57,049.00) ("FUNDS"), TO SUPPORT MT.
ZION DEVELOPMENTS, INC., A FLORIDA NOT -FOR -PROFIT
CORPORATION ("MZD"), FOR EXTERIOR PAINTING AND AWNING
REPLACEMENT AT THE CARVER APARTMENTS AND SHOPPES,
LOCATED AT 801 N.W. 3RD AVENUE, MIAMI, FLORIDA 33136
("PURPOSE"); FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO
NEGOTIATE AND EXECUTE AN AGREEMENT, INCLUDING ANY AND ALL
OTHER NECESSARY DOCUMENTS, ALL IN FORMS ACCEPTABLE TO THE
GENERAL COUNSEL, WITH MZD FOR THE PURPOSE STATED HEREIN;
AND PROVIDING FOR THE INCORPORATION OF RECITALS, AND AN
EFFECTIVE DATE.
File # 16081 - Bid Waiver Memo
File # 16081- Notice to the Public
File # 16081 - Backup
City ofMiarni Page 6 Printed on 5/16/2024
Southeast Overtown/Park West CRA Meeting Agenda
May 23, 2024
6. CRA RESOLUTION
16083 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AGENCY ("SEOPW CRA"), WITH ATTACHMENT(S), APPROVING A
HOUSING SUBSIDY AGREEMENT ("AGREEMENT"), BETWEEN THE
SEOPW CRA AND AVANTI RESIDENTIAL — ARTE GRAND CENTRAL TIC I,
LLC; AVANTI RESIDENTIAL — ARTE GRAND CENTRAL TIC II, LLC; AVANTI
RESIDENTIAL — ARTE GRAND CENTRAL TIC III, LLC; AVANTI
RESIDENTIAL — ARTE GRAND CENTRAL TIC IV, LLC; AND AVANTI
RESIDENTIAL — ARTE GRAND CENTRAL TIC V, LLC; EACH A DELAWARE
LIMITED LIABILITY COMPANY (COLLECTIVELY, "OWNER"), ATTACHED
AND INCORPORATED HEREIN AS EXHIBIT "A"; AUTHORIZING THE
EXECUTIVE DIRECTOR TO DISBURSE FUNDS DERIVED, FROM THE CITY
OF MIAMI RESOLUTION R-24-0109, AS EXHIBIT "B", SUBJECT TO THE
AVAILABILITY OF FUNDING FROM ACCOUNT TITLE "OTHER GRANTS
AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000, IN AN
AMOUNT NOT TO EXCEED SIX HUNDRED FIFTEEN THOUSAND
DOLLARS AND ZERO CENTS ($615,000.00) ("FUNDS") ANNUALLY; AND
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL
DOCUMENTS REQUIRED TO CONSUMMATE THE AGREEMENT;
PROVIDING FOR INCORPORATION OF RECITALS; AND PROVIDING FOR
AN EFFECTIVE DATE.
File # 16083 - Exhibit A
File # 16083 - Exhibit B
ADJOURNMENT
City ofMiarni Page 7 Printed on 5/16/2024