HomeMy WebLinkAboutCRA-R-24-0057Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-24-0057
819 NW 2"d Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
File Number: 16695 Final Action Date:9/26/2024
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 NEW SUBLEASE AGREEMENT ("SUBLEASE"), IN
SUBSTANTIALLY THE FORM ATTACHED AS EXHIBIT "A," BETWEEN THE
SEOPW CRA AND BRIGHTLINE TRAINS FLORIDA, LLC, A DELAWARE
LIMITED LIABILITY COMPANY, ("BRIGHTLINE"), FOR 603 SQUARE FEET OF
OFFICE SPACE ("PURPOSE") AT THE MIAMI CENTRAL STATION, LOCATED
AT 350 N.W. 1ST AVENUE, SUITE 200, MIAMI, FLORIDA, 33128 ("BUILDING"),
FOR WHICH TERMS MAY BE AMENDED BY THE EXECUTIVE DIRECTOR, ALL
IN FORMS ACCEPTABLE TO COUNSEL, ALLOCATING FUNDS FOR AN
ANNUAL AMOUNT NOT TO EXCEED SIXTEEN THOUSAND EIGHT HUNDRED
DOLLARS AND ZERO CENTS ($16,800.00) FROM ACCOUNT NO.
10050.920101.544000.0000.00000; 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 Updated Southeast Overtown/Park West Community Redevelopment
Plan ("Plan"); and
WHEREAS, Section 163.370, Florida Statutes authorizes the SEOPW CRA to enter into leases
for property within the Redevelopment Area; and
WHEREAS, Brightline Trains Florida LLC, a Delaware limited liability company ("Brightline"),
is a tenant located at 350 N.W. 1st Avenue, Suite 200, Miami, Florida 33136 ("Building"); and
WHEREAS, the SEOPW CRA and Brightline wish to enter into a Sublease Agreement
("Sublease"), substantially in the form attached as Exhibit "A" ("Purpose"); and
WHEREAS, Brightline currently has access to 2,419 rentable square feet of space on the
mezzanine level in the retail element of the Building ("Premises") and would like to sublease
approximately 603 rentable square feet of the Premises to the SEOPW CRA ("Subleased Premises") for
general office and professional business purposes; and
WHEREAS, the Sublease shall have a term of ten (10) years from commencement, with the
option to renew for four (4) additional terms of one (1) year each, for an amount not to exceed Sixteen
Thousand Eight Hundred Dollars and Zero Cents ($16,800.00) ("Purpose"); and
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the
SEOPW CRA's redevelopment goals and objectives; and
City of Miami Page 1 of 2 File ID: 16695 (Revision:) Printed On: 9/15/2025
File ID: 16695 Enactment Number: CRA-R-24-0057
WHEREAS, based on the recommendation and findings of the Executive Director, it is in the
SEOPW CRA's best interest for the Board of Commissioners to authorize the Executive Director to
execute a Sublease, including any and all documents necessary, for which terms may be amended by the
Executive Director, all -in forms acceptable to Counsel, for the Subleased Premises;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF MIAMI, FLORIDA:
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. The Board of Commissioners hereby authorizes the execution of a Sublease, in
substantially the form attached as Exhibit "A," between the SEOPW CRA and Brightline for the
Subleased Premises at the Building, for which terms may be amended by the Executive Director, in a
form acceptable to Counsel, for said Purpose, for a term of ten (10) years from commencement, with the
option to renew for four (4) additional terms of one (1) year each, for an annual amount not to exceed
Sixteen Thousand Eight Hundred and Zero Cents ($16,800.00).
Section 3. The Executive Director is authorized to negotiate and execute the Sublease,
substantially in the form attached as Exhibit "A," including any and all necessary documents to effectuate
said Sublease, all in forms acceptable to Counsel.
Section 4. The Executive Director is authorized to disperse funds, at his discretion, from the
Rentals and Leases Account No. 10050.920101.544000.0000.00000 to Brightline to further the Purpose
stated herein.
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 the same with
the City Clerk.
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
e Br rx -3iatt Counsel 9/19/2024
City of Miami Page 2 of 2 File ID: 16695 (Revision:) Printed on: 9/15/2025