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Home My WebLink AboutCRA-R-25-0001 MemorandumSEOPW Board of Commissioners Meeting January 23, 2025 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: January 24, 2025 and Members of the CRA Board File: 17149 From: James McQueen Executive Director Subject: Accept Conveyance — Folio numbers: 01-0100-000-0555 and 01- 0105-070-1055 Enclosures: File # 17149 - Exhibit A BACKGROUND: A Resolution of the Board of Commissioners ("Board") of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA"), with attachment(s), authorizing the Executive Director to accept a conveyance of parcels of land from the City of Miami ("City") for the properties identified as folio number: 01-0100-000-0555 and folio number: 01-0105-070- 1055, as more particularly described in Exhibit "A," attached and incorporated herein (collectively, the "Properties"), for the development of affordable housing or any similar project authorized pursuant to the Florida Community Redevelopment Act of 1969 ("Purpose"). It is recommended that the Board of the SEOPW CRA approve and adopt the attached Resolution, authorizing the Executive Director to accept a conveyance from the City for the Purpose stated herein. The City is the fee simple owner of the Properties. On January 23, 2025, the City adopted Resolution No. R-25-0001, the Miami City Commission, pursuant to Sections 29-B(b) and 29- B(c) of the Charter of the City of Miami, Florida, as amended, authorized the City Manager to execute a conveyance, by way of a Quitclaim Deed ("Deed") to the SEOPW CRA, containing automatic reverter provisions and additional terms as more particularly described in the Deed, for the development of affordable housing or any similar project authorized under the Florida Community Redevelopment Act of 1969. The Deed contains a reverter provision and terms more particularly described in said Deed. The Properties will be conveyed "as is" and "where is," and the City does not warrant the sufficiency of its title nor interest it may have in the Properties. Further, all future sales and transfers will require City Commission approval. It is recommended that the Executive Director accept a conveyance from the City for the Purpose stated herein. JUSTIFICATION: Florida Statutes, Section 163.370(2)(e)(2) authorizes the SEOPW CRA to acquire any personal or real property within the Redevelopment Area "by purchase, lease, option, gift, grant, bequest, devise, or [any] other voluntary method ...." Florida Statutes, Section 163.335(6) finds and declares that there exists "... a severe shortage of housing affordable to residents of low or moderate income, including the elderly... [and] such condition[s] affects the health, safety and welfare of the residents ... and that the elimination ... of such condition[s] ... [are] for a valid and desirable public purpose." Section 2, Goal 3 of the 2018 Updated Southeast Overtown/Park West Redevelopment Plan (the "Plan") lists "working with the City of Miami ... to create a sound balance of very low-income housing, affordable, workforce and mix -income housing" within the Redevelopment Area as a stated redevelopment goal. Section 2, Goal 4 of the Plan further lists "creating housing" to "improve the quality of life for residents" as a stated redevelopment goal. Section 2, Principle 2 of the Plan provides that the "neighborhood must retain access to affordable housing even as the neighborhood becomes more desirable to households with greater means" as a stated redevelopment principle. Section 2, Principle 3 of the Plan further provides that "there must be variety in housing options" as a stated redevelopment principle. FUNDING: N/A FACT SHEET: Company name: City of Miami Property Address(es): folio number: 01-0100-000-0555; folio number: 01-0105-070-1055 Funding request: N/A Scope/Summary: Authorization to accept a conveyance of parcels of land identified as folio number: 01-0100-000-0555 and folio number: 01-0105-070-1055 from the City of Miami, subject to certain conditions. Page 2 of 5 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: January 23, 2025 CRA Section: Approved by: Approval: 1 Executive Director 1/16/2025 Miguel A Valentin, :,lance Off;cer 1/16/2025 Page 3 of 5 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: CRA-R-25-0001 File Number: 17149 Final Action Date:1/23/2025 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 ACCEPT A CONVEYANCE OF PARCELS OF LAND FROM THE CITY OF MIAMI ("CITY") FOR THE PROPERTIES IDENTIFIED AS FOLIO NUMBER: 01-0100-000- 0555 AND FOLIO NUMBER: 01-0105-070-1055, MIAMI, FLORIDA, 33136, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED HEREIN (COLLECTIVELY, THE "PROPERTIES"), FOR THE DEVELOPMENT OF AFFORDABLE HOUSING OR ANY SIMILAR PROJECT AUTHORIZED PURSUANT TO THE FLORIDA COMMUNITY REDEVELOPMENT ACT OF 1969; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS REQUIRED TO CONSUMMATE SAID PUBLIC PURPOSE CONVEYANCE, INCLUDING ANY AND ALL AMENDMENTS THERETO, 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 (the "Plan"); and WHEREAS, Florida Statutes, Section 163.370(2)(e)(2) authorizes the SEOPW CRA to acquire any personal or real property within the Redevelopment Area "by purchase, lease, option, gift, grant, bequest, devise, or [any] other voluntary method ...."; and WHEREAS, Florida Statutes, Section 163.335(6) finds and declares that there exists "... a severe shortage of housing affordable to residents of low or moderate income, including the elderly... [and] such condition[s] affects the health, safety and welfare of the residents ... and that the elimination ... of such condition[s] ... [are] for a valid and desirable public purpose."; and WHEREAS, Section 2, Goal 3 of the Plan lists "working with the City of Miami ("City") ... to create a sound balance of very low-income housing, affordable, workforce and mix -income housing" within the Redevelopment Area as a stated redevelopment goal; and WHEREAS, Section 2, Goal 4 of the Plan further lists "creating housing" to "improve the quality of life for residents" as a stated redevelopment goal; and Page 4 of 5 WHEREAS, Section 2, Principle 2 of the Plan provides that the "neighborhood must retain access to affordable housing even as the neighborhood becomes more desirable to households with greater means" as a stated redevelopment principle; and WHEREAS, Section 2, Principle 3 of the Plan further provides that "there must be variety in housing options" as a stated redevelopment principle; and WHEREAS, the City is the fee simple owner of the parcels of land identified as folio number: 01- 0100-000-0555 and folio number: 01-0105-070-1055, Miami, Florida, 33136, as more particularly described in Exhibit "A," attached and incorporated herein (collectively, the "Properties"); and WHEREAS, on January 23, 2025, the City adopted Resolution No. R-25-0001, pursuant to Sections 29-B(b) and 29-B(c) of the Charter of the City of Miami, Florida, as amended, authorizing the conveyance of the Properties, by way of a Quitclaim Deed ("Deed") to the SEOPW CRA, containing automatic reverter provisions and additional terms as more particularly described in the Deed, for the development of affordable housing or any similar project authorized under the Florida Community Redevelopment Act of 1969 ("Purpose"); and WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the SEOPW CRA's redevelopment goals and objectives. 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 Executive Director to accept the conveyance from the City, with reverter provisions and additional terms, of the Properties, as legally described in Exhibit "A," attached hereto and incorporated herein, for the development of affordable housing or any similar project authorized under the Florida Community Redevelopment Act of 1969. Section 3. The Executive Director is authorized to execute any and all documents required to consummate said public purpose conveyance, including any and all amendments thereto, all in forms acceptable to Counsel. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: e Br ounsel 1/16/2025 Page 5 of 5