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HomeMy WebLinkAboutCRA-R-25-0004Southeast Overtown/Park West Community Redevelopment Agency Legislation 819 NW 2nd Ave 3rd Floor Miami, FL 33136 www.seopwcra.com CRA Resolution: CRA-R-25-0004 File Number: 17151 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 171 NW 11TH STREET, MIAMI FL 33136 (FOLIO NO. 01-3137-031-0160) ("PROPERTY"), FOR THE PURPOSE OF CARRYING OUT REDEVELOPMENT ACTIVITIES, FOR AN ANNUAL RENT NOT TO EXCEED FORTY-EIGHT THOUSAND DOLLARS AND ZERO CENTS ($48,000.00), 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 171 N.W. 11th Street, Miami, Florida 33136, identified by Folio No. 01-3137-031-0160 ("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 Forty - Eight Thousand Dollars and Zero Cents ($48,000.00); and WHEREAS, the Lease shall have an initial term of one (1) year, with the option to renew for two (2) successive one (1) year periods; and City of Miami Page 1 of 2 File ID: 17151 (Revision:) Printed On: 9/15/2025 File ID: 17151 Enactment Number: CRA-R-25-0004 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 Forty -Eight Thousand Dollars and Zero Cents ($48,000.00) 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 Forty -Eight Thousand Dollars and Zero Cents ($48,000.00), 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: ounsel 1/16/2025 City of Miami Page 2 of 2 File ID: 17151 (Revision:) Printed on: 9/15/2025