HomeMy WebLinkAboutCRA-R-25-0003 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 21, 2025
and Members of the CRA
Board File: 17150
From: James McQueen
Executive Director
Subject: Approve Lease - Black Archives
History and Research Foundation of
South Florida, Inc.
Enclosures:
BACKGROUND:
A Resolution of the Board of Commissioners ("Board") of the Southeast Overtown/Park West
Community Redevelopment Agency ("SEOPW CRA") authorizing the Executive Director to negotiate
and execute a Lease Agreement ("Lease"), in a form acceptable to Counsel, with the Black Archives
History and Research Foundation of South Florida, Inc., a Florida not -for -profit corporation ("Landlord"),
for the SEOPW CRA's use of its property located at 250 N.W. 9th Street, Miami, Florida 33136 (Folio
No. 01-0103-050-1070), for an initial one (1) year term, with the option to renew for two (2) successive
one (1) year periods, at a total annual rent not to exceed Sixty -Five Thousand Four Hundred Dollars and
Zero Cents ($65,400.00) ("Purpose").
It is recommended that the Board of the SEOPW CRA approve and adopt the attached Resolution,
authorizing the allocation of funds to the Landlord for the Purpose stated herein.
The "Historic D. A. Dorsey House," located 250 N.W. 9th Street, Miami, Florida 33136, currently
includes sufficient space to support the SEOPW CRA's purposeful efforts in carrying out community
redevelopment activities and projects within the Redevelopment Area. The leasable space consists of
1,635 sq. ft. of tenant space. The Landlord has agreed to lease the space for an annual amount not to
exceed $65,400.00, for an initial one (1) year term, with the option to renew for two (2) successive one
(1) year periods.
It is recommended that the SEOPW CRA enter into a Lease with the Landlord under these terms.
JUSTIFICATION:
Section 163.370, Florida Statutes authorizes the SEOPW CRA to enter into leases for property within the
redevelopment area.
FUNDING:
Funds to be allocated from the corresponding account as follows:
FY 2024/2025': $65,400.00 - Rentals and Leases Account No. 10050.920101.544000.0000.00000
FACT SHEET:
Company name: Black Archives History and Research Foundation of South Florida, Inc.
Property Address: 250 N.W. 9th Street, Miami, Florida 33136 (Folio No. 01-0103-050-1070)
Funding request: $65,400.00 for FY 2024/2025; initial (1) year term with option to renew for (2)
successive (1) year periods.
Scope/Summary: Authorization for the negotiation and execution of a Lease with the Black Archives
History and Research Foundation of South Florida, Inc., at 250 N.W. 9th Street, Miami, FL 33136, for an
initial one (1) year term, with the option to renew for two (2) successive one (1) year periods, at a total
annual rent not to exceed $65,400.00.
1 initial (1) year term with option to renew for (2) successive (1) year periods
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AGENDA ITEM
FINANCIAL INFORMATION FORM
SEOPW CRA
CRA Board Meeting Date: January 23, 2025
CRA Section:
Brief description of CRA Agenda Item:
Approving lease with the Black Archives History and Research Foundation of South
Florida, Inc. relating to the property located at 250 NW 9th Street Miami, FL 33136 in
the amount of $65,400.00 annually.
Project Number
YES, there
Account Code:
(if applicable):
are sufficient funds in Line Item:
10050.920101.544000.0000.00000 Amount: $65,400.0065
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:
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Approved by:
Approval:
Miguel A Valcnt r , Finance Officer
Executive Director 1/16/2025
1/16/2025
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Southeast Overtown/Park West
Community Redevelopment Agency
File Type: CRA Resolution
Enactment Number: CRA-R-25-0003
File Number: 17150 Final Action Date:1/23/2025
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW
CRA") AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE
A LEASE AGREEMENT ("LEASE"), IN A FORM ACCEPTABLE TO COUNSEL, WITH
THE BLACK ARCHIVES HISTORY AND RESEARCH FOUNDATION OF SOUTH
FLORIDA, INC., A FLORIDA NOT -FOR -PROFIT CORPORATION ("LANDLORD"),
FOR THE USE OF PROPERTY LOCATED AT 250 N.W. 9TH STREET, MIAMI,
FLORIDA 33136 (FOLIO NO. 01-0103-050-1070) ("PROPERTY"), FOR THE
PURPOSE OF CARRYING OUT REDEVELOPMENT ACTIVITIES, FOR AN ANNUAL
RENT NOT TO EXCEED SIXTY-FIVE THOUSAND FOUR HUNDRED DOLLARS AND
ZERO CENTS ($65,400.00), FOR AN INITIAL ONE (1) YEAR TERM, WITH THE
OPTION TO RENEW FOR TWO (2) SUCCESSIVE PERIODS, WITH TERMS AND
CONDITIONS AS MORE SPECIFICALLY SET FORTH IN SAID LEASE; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ALL
NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS TO
SAID LEASE, ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR THE PURPOSE
STATED HEREIN; 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 ("Redevelopment Area") in accordance with the 2018 Updated Southeast Overtown/Park West
Redevelopment Plan (the "Updated Plan"); and
WHEREAS, Section 163.370, Florida Statutes authorizes the SEOPW CRA to enter into leases
for property within the Redevelopment Area; and
WHEREAS, the SEOPW CRA is interested in leasing privately owned property from the Black
Archives History and Research Foundation of South Florida, Inc., a Florida not -for -profit corporation
("Landlord"), located at 250 N.W. 9th Street, Miami, Florida 33136, identified by Folio No. 01-0103-050-
1070 ("Property"), for the use of community redevelopment activities ("Purpose"); and
WHEREAS, the SEOPW CRA and the Landlord desire and intend to enter into a new lease
agreement ("Lease"); and
WHEREAS, the annual rent for the Property will equal an amount not to exceed Sixty -Five
Thousand Four Hundred Dollars and Zero Cents ($65,400.00); and
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WHEREAS, the Lease shall have an initial term of one (1) year, with the option to extend for two
(2) successive one (1) year periods; 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 Executive Director is authorized to negotiate and execute the Lease, in a
form acceptable to Counsel, including any and all necessary documents to effectuate said Lease, and all in
forms acceptable to Counsel, for said Purpose, for a total annual rent not to exceed Sixty -Five Thousand
Four Hundred Dollars and Zero Cents ($65,400.00) for an initial term of one (1) year, with the option to
extend for two (2) successive one (1) year periods.
Section 3. The Executive Director is authorized to allocate an amount not to exceed Sixty -
Five Thousand Four Hundred Dollars and Zero Cents ($65,400.00), at his discretion, from the Rentals and
Leases Account No. 10050.920101.544000.0000.00000 to the Landlord to further the Purpose stated
herein.
Section 4. Sections of this Resolution may be re -numbered 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 same with the
City of Miami City Clerk.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
i
e Br ounsel 1/16/2025
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