HomeMy WebLinkAbout16696 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number:
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 16696
Revision:
File Type: CRA Resolution Status: WITHDRAWN
Controlling Body: Southeast
Overtown/Park West CRA
File Name: Approve: Series 2024 Bonds to be issued by the Introduced: 9/19/2024
Southeast Overtown/Park West Community Redevelopment
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 9/26/2024
Title: A RESOLUTION OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY PROVIDING FOR THE ISSUANCE OF TAX INCREMENT
REVENUE BONDS OF THE AGENCY TO FINANCE OR REFINANCE THE
ACQUISITION AND CONSTRUCTION OF COMMUNITY REDEVELOPMENT
PROJECTS IN THE REDEVELOPMENT AREA OF SUCH AGENCY; PROVIDING FOR
THE PAYMENT AND SECURITY THEREOF; MAKING CERTAIN COVENANTS AND
AGREEMENTS IN CONNECTION THEREWITH; PROVIDING FOR AND
AUTHORIZING THE ISSUANCE OF ITS TAX INCREMENT REVENUE BONDS,
SERIES 2024 IN THE ORIGINAL AGGREGATE PRINCIPAL AMOUNT NOT TO
EXCEED $150,000,000, TO BE ISSUED IN ONE OR MORE SERIES, FOR THE
PURPOSE OF FINANCING CERTAIN GRANTS TO BE USED FOR THE
CONSTRUCTION OR REHABILITATION OF AFFORDABLE HOUSING, FINANCING
THE CONSTRUCTION OF OTHER CAPITAL IMPROVEMENTS IN THE
REDEVELOPMENT AREA, AND REFINANCING CERTAIN OUTSTANDING
OBLIGATIONS; DELEGATING THE AWARD OF THE SALE OF THE SERIES 2024
BONDS TO THE EXECUTIVE DIRECTOR; PROVIDING FOR SECURITY FOR THE
HOLDERS OF SUCH SERIES 2024 BONDS; APPROVING THE FORM OF A
PRELIMINARY OFFICIAL STATEMENT AND DELEGATING TO THE EXECUTIVE
DIRECTOR THE AUTHORITY TO DEEM FINAL FOR CERTAIN PURPOSES AND
APPROVE THE USE OF AND DISTRIBUTION OF THE PRELIMINARY OFFICIAL
STATEMENT AND FINAL OFFICIAL STATEMENT WITH RESPECT TO THE SERIES
2024 BONDS; APPOINTING A REGISTRAR AND PAYING AGENT; APPOINTING AN
ESCROW AGENT; APPOINTING A VERIFICATION AGENT; PROVIDING CERTAIN
OTHER COVENANTS AND AGREEMENTS IN CONNECTION WITH THE ISSUANCE
THEREOF; PROVIDING CERTAIN OTHER DETAILS WITH RESPECT THERETO;
PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
Notes:
Links:
Attachments:
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Miguel A Valentin
James McQueen
9/19/2024
9/19/2024
Finance Review
Department Head Review
Completed
Completed
City of Miami Page 1 of 2 Printed on: 9/15/2025
Southeast Overtown/Park West
Community Redevelopment Agency
Vincent T. Brown
Southeast Overtown/Park
West CRA
Southeast Overtown/Park 9/26/2024
West CRA
Master Report
Enactment Number:
9/19/2024 Approved to Form and
Sufficiency
9/26/2024 Meeting
WITHDRAWN
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
Legal Completed
Completed
Passed
City of Miami Page 2 of 2 Printed on: 9/15/2025