HomeMy WebLinkAboutCRA-R-25-0014 Notice of Bond Series Hearing 4.10CHRISTINE KING
Board Chair
JAMES D. MCQUEEN
Executive Director
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
NOTICE OF PUBLIC MEETING
The Board of Commissioners ("Board") of the Southeast Overtown/Park West Community
Redevelopment Agency ("SEOPW CRA") hereby gives notice that it will conduct a public
meeting to consider issuance of the SEOPW CRA's Tax Increment Revenue Bonds, Series
2025, in one or more series (the "Series 2025 Bonds"), in an amount not to exceed an
aggregate principal amount of One Hundred Seventy -Five Million Dollars and Zero Cents
($175,000,000.00). This public meeting will occur on Thursday, April 10th, 2025, at 10:00
a.m. or anytime thereafter, in the City Commission Chambers located at Miami City Hall,
3500 Pan American Drive, Miami, Florida 33133. Interested parties may appear at the
meeting and be heard with respect to issuance of the Series 2025 Bonds. At the conclusion
of the meeting, the SEOPW CRA will consider adoption of a resolution authorizing
issuance of the Series 2025 Bonds. Copies of the proposed resolution are available for
public inspection in the office of James D. McQueen, Executive Director, at 819 N.W. 2nd
Avenue, 3rd Floor, Miami, Florida 33136.
Section 163.346, Florida Statutes requires approval of the City Commission (the "City
Commission") of the City of Miami (the "City") before the SEOPW CRA can issue the
Series 2025 Bonds. In accordance therewith, the City Commission will consider approving
issuance of the Series 2025 Bonds at its regularly scheduled meeting commencing at 9:00
a.m. or anytime thereafter, on Thursday, April loth, 2025, in the City Commission
Chambers located at Miami City Hall, 3500 Pan American Drive, Miami, Florida 33133.
Upon approval by the City Commission, the SEOPW CRA will issue the Series 2025
Bonds shortly thereafter. Interested parties may appear at the City Commission meeting
and be heard with respect to issuance of the Series 2025 Bonds.
The Series 2025 Bonds are being issued to finance various community redevelopment
projects within the Southeast Overtown/Park West Community Redevelopment Area
established by an Interlocal Cooperation Agreement dated March 31, 1983, between the
City, Miami -Dade County (the "County"), and the SEOPW CRA, in accordance with and
in furtherance of the 2018 Updated Southeast Overtown/Park West Redevelopment Plan
(the "Plan"). The Series 2025 Bonds will be secured by a lien on and pledge of tax
increment revenues paid into the Southeast Overtown/Park West Community
Redevelopment Trust Fund established by Ordinance No. 82-115, enacted by the Board of
County Commissioners of Miami -Dade County, Florida on December 21, 1982, Ordinance
No. 9590, enacted by the City Commissioners of the City of Miami, Florida on April 6,
1983 and Ordinance No. 10018 enacted by the City Commissioners of the City of Miami,
Florida on July 18, 1985.
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI
819 N.W. 2°d Avenue, 3'd Floor [ Miami, FL 33136
Tel (305) 679-6800 1 Fax (305) 679-6835 I www.seopwcra.com l cra@amiamigov.com
CHRISTINE KING
Board Chair
JAMES D. MCQUEEN
Executive Director
Pursuant to Florida Statute § 286.0105, anyone wishing to appeal any decision made by the
Board of the SEOPW CRA with respect to any matter considered at such meeting will need
a record of the proceedings, and for such purpose, may need to ensure that a verbatim
record of the proceedings is made, which record includes the testimony and evidence upon
which the appeal is to be based.
Pursuant to CRA-R-24-0071, whenever a scheduled SEOPW CRA meeting is cancelled or is
not held due to a lack of a quorum or other emergency, a special SEOPW CRA meeting will
be automatically scheduled for the Tuesday immediately following the cancelled meeting. In
the event of one of the aforementioned circumstances, the special meeting would be held on
April 15th, 2025, at 10:00 a.m. in the City Commission chambers located at Miami City Hall,
3500 Pan American Drive, Miami, FL 33133. All of the scheduled agenda items from that
cancelled meeting shall automatically be scheduled as an agenda item at the special SEOPW
CRA meeting. The City Clerk shall notify the public of the special meeting that is to take
place by placing a notice of the special SEOPW CRA meeting at the entrance of City Hall,
placing a notice on the SEOPW CRA's website, and, if feasible, placing an ad in a newspaper
of general circulation before the special meeting on the immediately following Tuesday. There
shall be no additional notice by publication required for any such scheduled agenda item that
is moved to the special SEOPW CRA meeting.
In accordance with the Americans with Disabilities Act of 1990, persons needing special
accommodations to participate in this proceeding may contact the Office of the City Clerk
at (305) 250-5361 (Voice), not later than two (2) business days prior to the proceeding. TTY
users may call 711 (Florida Relay Service), not later than two (2) business days prior to the
proceeding.
(SEOPW CRA Seal)
Ad No. 43680 Todd B. Hannon
Clerk of the Board
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI
819 N.W. 2°d Avenue, 3'd Floor [ Miami, FL 33136
Tel (305) 679-6800 1 Fax (305) 679-6835 I www.seopwcra.com l cra@amiamigov.com