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HomeMy WebLinkAboutCRA-R-25-0013 Exhibit ASEOPW Board of Commissioners Meeting April 10, 2025 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4/5ths RECOMMENDATION INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Members of the SEOPW CRA Board Date: April 10, 2025 File: Subject: Recommendations and findings to waive competitive sealed bidding and negotiation methods pursuant to City Code 18-85(a) for J.E.J. Properties, Inc. From: James D. McQueen Enclosures: Exhibit "A" Executive Director BACKGROUND: The Board of Commissioners ("Board") of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is responsible for carrying out community redevelopment activities and projects within its redevelopment area in accordance with the 201 8 Updated SEOPW CRA Redevelopment Plan ("Plan"). J.E.J. Properties, Inc., a Florida for -profit corporation ("JEJ"), is requesting additional assistance for the renovation and rehabilitation of the Dunns-Josephine Hotel, located at 1028 N.W. 3rd Avenue, Miami, Florida 33136, due to funding issues for costly expenses, including Builder's Risk and related insurance policies ("Purpose"). On July 25, 2024, the Board approved Resolution CRA-R-24-0051, authorizing a grant not to exceed Eight Hundred Ninety -Seven Thousand Three Hundred Twenty Dollars and Ninety -Five Cents ($897,320.95). The SEOPW CRA desires to provide additional funding in an amount not to exceed Thirty -Four Thousand Seven Hundred Dollars and Twenty -Five Cents ($34,700.25) for a grand total amount not to exceed Nine Hundred Thirty -Two Thousand Twenty - One Dollars and Twenty Cents ($932,021.20) for the Purpose stated herein. The Dunns-Josephine Hotel ("Hotel") has provided quality service to their guests since 2019, while employing current Overtown residents. The Hotel, originally built in 1938, needs significant improvements and repairs to address structural concerns, mold abatement, sinking floors, rotting wood and termites, as well as water intrusion issues. The building is placed in a prominent area of the business corridor of N.W. 3rd Avenue within the heart of the up and coming Culture and Entertainment District. It is recommended that an older building such as the Hotel be preserved and improved. The Executive Director has reviewed and vetted JEJ's request, in accordance with the objectives of the Plan. RECOMMENDATION: In light of the above -stated, approval of a waiver of the formal requirements of competitive sealed bidding methods as not being practicable or advantageous to the Southeast Overtown/Park West Community Redevelopment Agency as set forth in the City Code of Ordinances, as amended, specifically Sections 18-85(a) and the affirmation of these written findings and the forwarding the same to the Board of Commissioners of the SEOPW CRA by a four -fifths vote is respectfully requested. APPROVED es D. McQueen, ecutive Director