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Home My WebLink AboutCRA-R-24-0062 MemorandumSEOPW Board of Commissioners Meeting October 24, 2024 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: October 24, 2024 and Members of the CRA Board File: 16741 From: James McQueen Executive Director Subject: Grant to Harlem Square LLC- 173 NW 11th Street Supper Club Enclosures: File # 16741 - Exhibit A 2024-10-10 File # 16741 - Notice to the Public 2024-10-10 File # 16741 - Backup 2024-10-10 File # 16741 - Exhibit A File # 16741 - Notice to the Public File # 16741 - Backup BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") approve and adopt the attached Resolution authorizing the allocation of grant funds, in an amount not to exceed Two Millions Dollars and Zero Cents ($2,000,000.00) ("Funds") to Harlem Square LLC, a Florida limited liability company ("Grantee"), for assistance to underwrite additional costs associated with the development and construction of the existing project and infrastructure "Harlem Square," a full service supper club, located at 173 N.W. 11th Street, Miami, Florida 33136 ("Property"). The "Harlem Square" project was developed by the Grantee to be an adaptive reuse of the Property, which was the former home of Clyde Killens, a legendary entertainment promoter from the heart of Overtown. The Grantee anticipates that this project will create new job opportunities and improve the qualify of life for residents. It is recommended that an existing infrastructure such as this be improved and further developed. JUSTIFICATION: Pursuant to Section 163.340(9), Florida Statutes (the "Act") community redevelopment means "undertakings, activities, or projects of a ... community redevelopment agency in a community redevelopment area for the elimination and prevention of the development or spread of slums and blight...." Section 2, Goal 4 of the 2018 Southeast Overtown/Park West Community Redevelopment Agency Plan Update (the "Plan") lists the "creati[on of] jobs within the community" as a stated redevelopment goal. Section 2, Principle 4, of the Plan provides that "employment opportunities be made available to existing residents..." as a stated redevelopment principle. Section 2, Principle 6, of the Plan provides that to "address and improve the neighborhood economy and expand the economic opportunities of present and future residents ..." as a stated redevelopment principle. FUNDING: $2,000,000.00 from Other Grants and Aids - Account No. 10050.920101.883000.0000.00000. FACT SHEET: Company name: Harlem Square, LLC Address: 173 N.W. 11th Street, Miami, Florida, 33136. Funding request: $2,000,000.00. Scope of work or services (Summary): Grantee is requesting funds to underwrite costs associated with the development and construction of the existing project and infrastructure "Harlem Square," a full service supper club. Page 2 of 6 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: October 24, 2024 CRA Section: Brief description of CRA Agenda Item: Authorizing additional funds to Harlem Square LLC in the amount of $2,000,000.00 Project Number YES, there Account Code: (if applicable): are sufficient funds in Line Item: 10050.920101.883000.0000.00000 Amount: $ 2, 0 0 0, 0 0 0.0 0 NO (Complete the following source of funds information): Amount budgeted in the line item: $ Balance in the line item: $ Amount needed in the line item: $ Sufficient funds will be transferred from the following line items: ACTION ACCOUNT NUMBER TOTAL Project No./Index/Minot Object From $ To $ From $ To $ Comments: Approved by: Executive Director Approval: 10/3/2024 Ja f Executive Director 10/17/2024 Miguel A Valcntir , r riance Officer 10/3/2024 Miguel A ValontiA7 Friarice Officer Page 3 of 6 10/17/2024 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: CRA-R-24-0062 File Number: 16741 Final Action Date:10/24/2024 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, ATTACHED AND INCORPORATED HEREIN AS EXHIBIT "A," THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS, PURSUANT TO SECTIONS 18-85 AND 18-86 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE"), AS ADOPTED BY THE SEOPW CRA, AND WAIVING SAID PROCEDURES; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISPERSE GRANT FUNDS, IN AN AMOUNT NOT TO EXCEED TWO MILLION DOLLARS AND ZERO CENTS ($2,000,000.00) ("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 TO HARLEM SQUARE LLC, A FLORIDA LIMITED LIABILITY COMPANY, TO UNDERWRITE COSTS ASSOCIATED WITH THE DEVELOPMENT OF "HARLEM SQUARE," A FULL SERVICE SUPPER CLUB, LOCATED AT 173 N.W. 11TH STREET, MIAMI, FLORIDA 33136 ("PURPOSE"); FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AGREEMENT, INCLUDING ANY AND ALL DOCUMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR THE PURPOSE STATED HEREIN; PROVIDING FOR 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 ("Redevelopment Area") in accordance with the 2018 Updated Southeast Overtown/Park West Redevelopment Plan (the "Plan"); and WHEREAS, Section 2, Goal 4, of the Plan lists the "creat[ion of] jobs within the community" as stated redevelopment goals; and WHEREAS, Section 2, Principle 4, of the Plan provides that "employment opportunities be made available to existing residents..." as a stated redevelopment principle; and WHEREAS, Section 2, Principle 6, of the Plan provides to "address and improve the neighbor- hood economy and expand the economic opportunities of present and future residents and businesses," as stated redevelopment principles; and Page 4 of 6 WHEREAS, on March 29, 2018, the Board of Commissioners, pursuant to Resolution No. CRA- R-18-0014, authorized the issuance of grant funds in an amount not to exceed Nine Hundred Seventy - Five Thousand Dollars and Zero Cents ($975,000.00) to Harlem Square LLC, a Florida limited liability company (the "Grantee") to underwrite costs associated with the development and construction of the existing project and infrastructure "Harlem Square"; and WHEREAS, the Grantee now seeks additional funds from the SEOPW CRA to complete development and construction of "Harlem Square" in order to meet the revised scope of updated plans and drawings ("Purpose"); and WHEREAS, the Board of Commissioners wishes to authorize additional grant funds in an amount not to exceed Two Million Dollars and Zero Cents ($2,000,000.00) ("Funds") for the Purpose stated herein; and WHEREAS, the Board of Commissioners finds that adopting this Resolution would further the redevelopment goals and objectives of the SEOPW CRA; and WHEREAS, based on the recommendation and findings of the Executive Director, attached and incorporated herein as Exhibit "A," it is in the SEOPW CRA's best interest for the Board of Commissioners to authorize, by an affirmative four -fifths (4/5ths) vote, a waiver of competitive sealed bidding procedures, pursuant to Sections 18-85 and 18-86 of the Code of the City of Miami, Florida, as amended ("City Code"), as adopted by the SEOPW CRA, to allocate said Funds, subject to availability, and authorize the Executive Director to negotiate and execute any and all documents necessary, all in forms acceptable to Counsel, with the Grantee for the Purpose stated herein; 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. Pursuant to Sections 18-85 and 18-86 of the City Code, as adopted by the SEOPW CRA, by a four -fifths (4/5th) affirmative vote, after an advertised public hearing, the Executive Director's recommendation and written findings, attached and incorporated herein as Exhibit "A," that competitive negotiation methods and procedures are not practicable or advantageous to the SEOPW CRA, to allocate the Funds to the Grantee for the Purpose stated herein, and waiving the requirements for said procedures is hereby ratified, approved, and confirmed. Section 3. The Executive Director is hereby authorized' to disperse the Funds, at his discretion, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation from Other Grants and Aids - Account No. 10050.920101.883000.0000.00000 to the Grantee for the Purpose stated herein. Section 4. The Executive Director is authorized' to negotiate and execute an agreement, including any and all necessary documents, all in forms acceptable to Counsel, for said Purpose. ' The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable State law, City Charter and City Code provisions, as adopted by the SEOPW CRA. Page 5 of 6 Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Br ounsel 10/17/2024 V,irrce Br c+ St counsel 10/3/2024 Page 6 of 6