HomeMy WebLinkAboutCRA-R-24-0079Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
819 NW 2d Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
CRA Resolution: CRA-R-24-0079
File Number: 17029 Final Action Date:12/12/2024
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"), WITH ATTACHMENT(S), SELECTING PSA.492, LLC, A
FLORIDA LIMITED LIABILITY COMPANY, AS THE SOLE PROPOSER IN
RESPONSE TO REQUEST FOR PROPOSALS ("RFP") 24-03, FOR THE
DISPOSAL OF PROPERTY LEASED BY THE SEOPW CRA LOCATED AT 249
N.W. 6TH STREET, SUITE 108, MIAMI, FLORIDA 33136, FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A SUBLEASE
AGREEMENT ("SUBLEASE"), IN SUBSTANTIALLY THE FORM ATTACHED AS
EXHIBIT "A," WITH THE SOLE PROPOSER, FOR WHICH TERMS MAY BE
AMENDED BY THE EXECUTIVE DIRECTOR, ALL IN FORMS ACCEPTABLE TO
COUNSEL; 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 163.380, Florida Statutes authorizes the SEOPW CRA to "sell, lease,
dispose of, or otherwise transfer real property or any interest therein" acquired within the Redevelopment
Area "to any private person ... and may enter into contracts with respect thereto for ... commercial .. .
use[s]," in accordance with the Plan only after the approval by the SEOPW CRA Board of
Commissioners; and
WHEREAS, Goal 2 of the Plan lists "creating viable commercial corridors within the SEOPW
C[ommunity] R[edevelopment] A[rea] through Public -Private Partnerships" as a stated redevelopment
goal; and
WHEREAS, Goal 4 of the Plan lists "targeting commercial ... ventures that will provide life
sustainable jobs to residents..." as a stated redevelopment goal; and
WHEREAS, Principle 4 of the Plan provides that a variety of employment options "should be
located within the neighborhoods" and "made available to existing residents of Overtown" as a stated
guiding principle; and
WHEREAS, on November 1, 2024, the SEOPW CRA issued Request for Proposals 24-03 for the
disposal of the SEOPW CRA's interest in property located at 249 N.W. 6th Street, Suite 108, Miami,
Florida 33136 ("Property"); and
WHEREAS, the only proposal was submitted by PSA.492, LLC ("Sole Proposer"); and
City of Miami Page 1 of 2 File ID: 17029 (Revision:) Printed On: 9/15/2025
File ID: 17029 Enactment Number: CRA-R-24-0079
WHEREAS, the Executive Director wishes to accept the Sole Proposer's bid and execute a
Sublease Agreement ("Sublease"), substantially in the form attached as Exhibit "A"; and
WHEREAS, the SEOPW CRA has dutifully complied with Florida Statutes 163.380 3(a); and
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the
SEOPW CRA's redevelopment goals and objectives; and
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 with the Sole Proposer, and any and all documents necessary, for which terms may be
amended by the Executive Director, all -in forms acceptable to Counsel, 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. The Board of Commissioners hereby grants the Executive Director with the
authority to execute a Sublease with the Sole Proposer, and execute any and all documents necessary, for
which terms may be amended by the Executive Director, all -in forms acceptable to Counsel, for the
Purpose stated herein.
Section 3. The Executive Director is authorized to 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. 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 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
yireear.catal-idrarounsel 12/5/2024
City of Miami Page 2 of 2 File ID: 17029 (Revision:) Printed on: 9/15/2025