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Home My WebLink AboutCRA-R-25-0021 Master ReportSoutheast Overtown/Park West Community Redevelopment Agency Master Report Enactment Number: CRA-R-25-0021 819 NW 2nd Ave 3rd Floor Miami, FL 33136 http://miamicra.com File Number: 17522 Revision: File Type: CRA Resolution Status: ADOPTED Controlling Body: Southeast Overtown/Park West CRA File Name: Authorize Allocation of Funds for Tenant Introduced: 4/17/2025 Improvement Grant Initiative at "Lyric Point" Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 4/24/2025 Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA") ALLOCATING AN AMOUNT NOT TO EXCEED ONE MILLION THREE HUNDRED NINETY THOUSAND DOLLARS AND ZERO CENTS ($1,390,000.00) TO ESTABLISH THE TENANT IMPROVEMENT GRANT INITIATIVE FOR THE PURPOSE OF PROPERTY IMPROVEMENTS ("PURPOSE"), PURSUANT TO SECTION 163.370 FLORIDA STATUTES, FOR PROSPECTIVE TENANTS AT THE PROPERTY COMMONLY REFERRED TO AS "LYRIC POINT" LOCATED AT 101 NORTHWEST 8TH STREET, MIAMI, FLORIDA 33136 ("PROPERTY"); PROVIDING THAT GRANTS IN EXCESS OF TWENTY-FIVE THOUSAND DOLLARS AND ZERO CENTS ($25,000.00) SHALL BE PRESENTED TO THE BOARD FOR APPROVAL OR RATIFICATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION, SUBJECT TO THE AVAILABILITY OF FUNDING, ALLOCATED FROM OTHER GRANTS AND AIDS, ACCOUNT NO. 10050.920101.883000.0000.00000; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY DOCUMENTS NECESSARY, INCLUDING AMENDMENTS AND EXTENSIONS, ALL IN FORMS ACCEPTABLE TO COUNSEL FOR THE PURPOSE STATED HEREIN; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. Notes: Links: Attachments: History of Legislative File: Revision: Acting Body: Date: Action: Result: Miguel A Valentin James McQueen Vincent T. Brown Southeast Overtown/Park West CRA Southeast Overtown/Park West CRA City Clerk's Office 4/17/2025 4/17/2025 4/17/2025 4/24/2025 4/24/2025 4/24/2025 Finance Review Department Head Review Approved to Form and Legal Sufficiency Meeting ADOPTED Rendered Completed Completed Completed Completed Passed Completed City of Miami Page 1 of 2 Printed on: 9/16/2025 Southeast Overtown/Park West Community Redevelopment Agency Master Report Enactment Number: CRA-R-25-0021 819 NW 2nd Ave 3rd Floor Miami, FL 33136 http://miamicra.com City of Miami Page 2 of 2 Printed on: 9/16/2025