HomeMy WebLinkAboutCRA-R-24-0037 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0037
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 16076
Revision:
File Type: CRA Resolution Status: ADOPTED
Controlling Body: Southeast
Overtown/Park West CRA
File Name: Purchase of Property at 1940 N.W. 4th Court, # 3, Introduced: 5/16/2024
Miami, Florida 33136.
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 5/23/2024
Title: 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 AND RODERICK
VEREEN ("SELLER"), FOR THE ACQUISITION OF THE REAL PROPERTY LOCATED
AT 1940 N.W. 4TH COURT, # 3, MIAMI, FLORIDA 33136, CONTAINING AN
APPROXIMATE TOTAL ADJUSTED AREA OF 1,030 SQUARE FEET ("PROPERTY"),
AS LEGALLY DESCRIBED IN THE AGREEMENT FOR A TOTAL PURCHASE PRICE
NOT TO EXCEED TWO HUNDRED EIGHTY EIGHT THOUSAND DOLLARS AND
ZERO CENTS ($288,000.00), CONTINGENT UPON THE SEOPW CRA OBTAINING A
WRITTEN APPRAISAL FROM A LICENSED FLORIDA APPRAISER STATING THAT
THE APPRAISED VALUE OF THE PROPERTY, 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 TWO
HUNDRED EIGHTY EIGHT THOUSAND DOLLARS AND ZERO CENTS ($288,000.00)
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.
Notes:
Links:
Attachments: File # 16076 - Exhibit A (PDF)
File # 16076 - Exhibit B (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Southeast Overtown/Park 5/23/2024 Meeting Completed
West CRA
Southeast Overtown/Park 5/23/2024 ADOPTED Passed
City of Miami Page 1 of 2 Printed on: 9/12/2025
Southeast Overtown/Park West
Community Redevelopment Agency
West CRA
Miguel A Valentin
James McQueen
Vincent T. Brown
City Clerk's Office
Master Report
Enactment Number: CRA-R-24-0037
819 N W 2"d Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
5/24/2024 Finance Review Completed
5/24/2024 Department Head Review Completed
5/24/2024 Approved to Form and Legal Completed
Sufficiency
5/28/2024 Rendered Completed
City of Miami Page 2 of 2 Printed on: 9/12/2025