HomeMy WebLinkAboutCRA-R-24-0061 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0061
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 16742
Revision: B
File Type: CRA Resolution
Status: ADOPTED
Controlling Body: Southeast
Overtown/Park West CRA
File Name: Block 55 Residential, L.P., Housing Subsidy Introduced: 10/3/2024
Agreement
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 10/24/2024
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW
CRA"), WITH ATTACHMENT(S), AUTHORIZING A HOUSING SUBSIDY AGREEMENT
("AGREEMENT"), RETROACTIVE TO OCTOBER 1, 2024, IN SUBSTANTIALLY THE
FORM ATTACHED AS EXHIBIT "A," BETWEEN THE SEOPW CRA AND BLOCK 55
RESIDENTIAL, L.P., A FLORIDA LIMITED PARTNERSHIP ("OWNER"); AUTHORIZING
THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS IN FIVE (5) ANNUAL
INSTALLMENTS OF ONE MILLION SIX HUNDRED THOUSAND DOLLARS AND ZERO
CENTS ($1,600,000.00) ("FUNDS"), IN AN AGGREGATE AMOUNT NOT TO EXCEED
EIGHT MILLION DOLLARS AND ZERO CENTS ($8,000,000.00) ("PURPOSE"),
SUBJECT TO THE AVAILABILITY OF FUNDING FROM ACCOUNT NO.
10050.920101.883000.0000.00000; FURTHER AUTHORIZING THE EXECUTIVE
DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS
NECESSARY, INCLUDING ANY AND ALL AMENDMENTS THERETO, ALL IN FORMS
ACCEPTABLE TO COUNSEL; PROVIDING FOR THE INCORPORATION OF
RECITALS AND AN EFFECTIVE DATE.
Notes:
Links:
Attachments: File # 16742 - Exhibit A 2024-10-10 (PDF)
File # 16742 - Exhibit A (PDF)
History of Legislative File:
Revision: Acting Body:
Date:
Action:
Result:
B
B
B
B
Miguel A Valentin
James McQueen
Vincent T. Brown
Southeast Overtown/Park
West CRA
Southeast Overtown/Park
West CRA
Miguel A Valentin
James McQueen
Vincent T. Brown
Southeast Overtown/Park
10/3/2024
10/3/2024
10/3/2024
10/10/2024
10/10/2024
10/17/2024
10/17/2024
10/17/2024
10/24/2024
Finance Review
Department Head Review
Approved to Form and Legal
Sufficiency
Meeting
Completed
Completed
Completed
Completed
MEETING CANCELLED Passed
Finance Review
Department Head Review
Approved to Form and Legal
Sufficiency with Modifi
Meeting
Completed
Completed
Completed
Completed
City of Miami Page 1 of 2 Printed on: 9/15/2025
Southeast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-24-0061
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
West CRA
Southeast Overtown/Park 10/24/2024 ADOPTED Passed
West CRA
City Clerk's Office 10/24/2024 Rendered Completed
City of Miami Page 2 of 2 Printed on: 9/15/2025