HomeMy WebLinkAboutCRA-R-24-0079 MemorandumSEOPW Board of Commissioners Meeting
December 12, 2024
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Christine King Date: December 12, 2024
and Members of the CRA
Board File: 17029
From: James McQueen
Executive Director
Subject: Resolution Accepting Sole
Response - PSA,492, LLC
Enclosures: File # 17029 - Exhibit A
File # 17029 - Backup
BACKGROUND:
A Resolution of the Board of Commissioners ("Board") of the Southeast Overtown/Park West
Community Redevelopment Agency ("SEOPW CRA"), accepting the sole response from PSA.492, LLC,
a Florida Limited Liability Company, for Request for Proposals (RFP) No. 24-03, and authorizing the
Executive Director to execute a Sublease Agreement ("Sublease"), substantially in the form attached as
Exhibit "A," with the sole proposer.
On November 1, 2024, the SEOPW CRA issued RFP No. 24-03, for its intent to dispose of property
consisting of a single (1) unit commercial space, with approximately 1,000 leasable square feet, located at
249 N.W. 6th Street, Suite 108, Miami, Florida 33136, for use in accordance with the 2018 Updated
Southeast Overtown/Park West Community Redevelopment Plan (the "2018 Updated Plan").
On December 3, 2024, the SEOPW CRA received only one proposal submitted by PSA.492, LLC.
It is recommended that Board accepts the sole response to RFP No. 24-03, and authorize the Executive
Director to execute a Sublease with PSA.492, LLC. The proposal is consistent with the intent of the RFP
and the 2018 Updated Plan.
BACKGROUND:
Pursuant to Section 163.380, Florida Statutes, and the Plan, the SEOPW CRA is authorized to "dispose
of, or otherwise transfer property [within the Redevelopment Area] or any interest therein ... to any
private
person . .
Section 2, Goal 2 of the Plan, lists "expand[ing] the tax base using public -private principles" and
"creati[ing] viable commercial corridors ... through Public -Private Partnerships" as a stated
redevelopment goal.
Further, Section, Goal 4 of the Plan, lists the "creati[on of] jobs within the community" as a stated
redevelopment goal.
FUNDING:
This Resolution does not commit any funding.
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AGENDA ITEM
FINANCIAL INFORMATION FORM
SEOPW CRA
CRA Board Meeting Date: December 12, 2024
CRA Section:
Brief description of CRA Agenda Item:
N/A
Project Number (if applicable):
YES, there are sufficient funds in Line Item:
Account Code:
Amount:
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:
Approval:
Executive Director 12/5/2024
Miguel A Valcntiri Finance Officer 12/5/2024
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Southeast Overtown/Park West
Community Redevelopment Agency
File Type: CRA Resolution
Enactment Number: 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. 6t'' Street, Suite 108, Miami,
Florida 33136 ("Property"); and
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WHEREAS, the only proposal was submitted by PSA.492, LLC ("Sole Proposer"); and
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:
e Br , ounsel 12/5/2024
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