HomeMy WebLinkAboutCRA-R-25-0028 MemorandumSEOPW Board of Commissioners Meeting
June 17, 2025
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Christine King Date: June 23, 2025
and Members of the CRA
Board File: 17731
From: James McQueen
Executive Director
Subject: Authorize Executive Director to
Negotiate and Execute Purchase
and Sale of 936 Northwest 3rd
Avenue
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 Purchase and Sale Agreement ("Agreement"), in a form acceptable to Counsel, between the
SEOPW CRA and Shirlene Ingraham, as Trustee under the Shirlene Ingraham Family Trust, and J.E.J
Properties, Inc. (collectively, the "Seller"), for the acquisition of the real properties located at 936
Northwest 3rd Avenue and 950 Northwest 3rd Avenue, Miami, Florida 33136 (Folio No. 01-3137-035-
0010) (collectively, the "Properties"), containing an approximate total adjusted area of 3,826 square feet,
as legally described, for a total purchase price not to exceed the appraised value of the Properties,
contingent upon the SEOPW CRA obtaining a written appraisal from a licensed Florida appraiser, plus
the cost of a survey, environmental report, title insurance, and related closing costs associated with the
acquisition, pursuant to Section 163.370, Florida Statutes, and the SEOPW CRA Redevelopment Plan,
with the option to re -purchase the Properties at a later date ("Purpose"), authorizing Counsel to engage
Marlon A. Hill of Weiss Serota Helfman Cole & Bierman, P.L., as Outside Counsel, for the
representation of the SEOPW CRA on all matters related to a title commitment and policy, a Phase I
Environmental Site Assessment Report (and Phase II, if required), a survey, and representation at closing.
Currently, the SEOPW CRA owns four (4) parcels of land at 318 Northwest 10th Street, Miami, Florida
33136 (Folio Nos. 01-0102-070-1040; 01-0102-070-1041; 01-0102-070-1042; and 01-0102-070-1043),
which is slated for future development.
The SEOPW CRA wishes to acquire the real properties abutting the aforementioned parcels, currently
owned by Shirlene Ingraham, as Trustee under the Shirlene Ingraham Family Trust, and J.E.J Properties,
Inc. (collectively, the "Seller"), located at 936 Northwest 3rd Avenue and 950 Northwest 3rd Avenue,
Miami, Florida 33136 (Folio No. 01-3137-035-0010) (collectively, the "Properties"), where the SEOPW
CRA plans to develop the Properties to enhance the quality of life in the surrounding area and address
slum and blight.
It is recommended that the Board approve the attached Resolution, authorizing the Executive Director to
negotiate and execute a Purchase and Sale Agreement with the Seller for the Purpose stated herein.
JUSTIFICATION:
Pursuant to Section 163.340(9), Florida Statutes (the "Act") community redevelopment means
"undertakings, activities, or projects of a ... community redevelopment agency in a community
redevelopment area for the elimination and prevention of the development or spread of slums and
blight...."
Pursuant to Section 163.370, Florida Statutes, the SEOPW CRA is authorized to acquire by purchase real
property within the Redevelopment Area.
Section 2, Goal 4 of the 2018 Southeast Overtown/Park West Community Redevelopment Agency Plan
Update (the "Plan") encourages " [i]mprov[ing] the quality of life for residents" as a stated redevelopment
goal.
Lastly, Section 2, Principle 14 of the Plan emphasizes efforts to " [r]estore a sense of community and
unify the area culturally" as a stated redevelopment principle.
FUNDING:
This Resolution does not commit any funding at this time.
FACT SHEET:
Individual/Entity name: Shirlene Ingraham, as Trustee under the Shirlene Ingraham Family Trust, and
J.E.J Properties, Inc.
Property Address: 936 Northwest 3rd Avenue and 950 Northwest 3rd Avenue, Miami, Florida 33136
(collectively, the "Properties).
Summary: The Executive Director proposes acquisition of the Properties. The SEOPW CRA's estimated
total cost for the acquisition of the Properties will not exceed the appraised value, plus the cost of a
survey, environmental report, title insurance, and related closing costs associated with said acquisition.
Page 2 of 6
AGENDA ITEM
FINANCIAL INFORMATION FORM
SEOPW CRA
CRA Board Meeting Date: June 17, 2025
CRA Section:
Approved by:
Approval:
1
Executive Director 6/5/2025
Miguel A Valenti, Finance Officer 6/5/2025 Miguel A Valentin, F 1riarice Officer 6/17/2025
Page 3 of 6
Southeast Overtown/Park West
Community Redevelopment Agency
File Type: CRA Resolution
Enactment Number: CRA-R-25-0028
File Number: 17731 Final Action Date:6/17/2025
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 PURCHASE AND SALE AGREEMENT ("AGREEMENT"), IN A FORM
ACCEPTABLE TO COUNSEL, BETWEEN THE SEOPW CRA AND SHIRLENE
INGRAHAM, AS TRUSTEE UNDER THE SHIRLENE INGRAHAM FAMILY TRUST,
AND J.E.J PROPERTIES, INC. (COLLECTIVELY, THE "SELLER"), FOR THE
ACQUISITION OF THE REAL PROPERTIES LOCATED AT 936 NORTHWEST 3RD
AVENUE AND 950 NORTHWEST 3RD AVENUE, MIAMI, FLORIDA 33136 (FOLIO NO.
01-3137-035-0010) (COLLECTIVELY, THE "PROPERTIES"), CONTAINING AN
APPROXIMATE TOTAL ADJUSTED AREA OF 3,826 SQUARE FEET, AS LEGALLY
DESCRIBED, FOR A TOTAL PURCHASE PRICE NOT TO EXCEED THREE MILLION
FIVE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($3,500,000.00)
("PURCHASE PRICE"), CONTINGENT UPON THE SEOPW CRA OBTAINING A
WRITTEN APPRAISAL FROM A LICENSED FLORIDA APPRAISER, PLUS THE COST
OF A SURVEY, ENVIRONMENTAL REPORT, TITLE INSURANCE, AND RELATED
CLOSING COSTS ASSOCIATED WITH THE ACQUISITION, PURSUANT TO
SECTION 163.370, FLORIDA STATUTES, AND THE SEOPW CRA
REDEVELOPMENT PLAN, WITH THE OPTION TO RE -PURCHASE THE
PROPERTIES AT A LATER DATE ("PURPOSE"); AUTHORIZING COUNSEL TO
ENGAGE MARLON A. HILL OF WEISS SEROTA HELFMAN COLE & BIERMAN, P.L.,
AS OUTSIDE COUNSEL, FOR THE REPRESENTATION OF THE SEOPW CRA ON
ALL MATTERS RELATED TO A TITLE COMMITMENT AND POLICY, A PHASE I
ENVIRONMENTAL SITE ASSESSMENT REPORT (AND PHASE II, IF REQUIRED), A
SURVEY, AND REPRESENTATION AT CLOSING; FURTHER AUTHORIZING THE
EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL
NECESSARY DOCUMENTS, 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 "Plan"); and
WHEREAS, Section 163.370, Florida Statutes authorizes the SEOPW CRA to acquire by
purchase real property within the Redevelopment Area; and
Page 4 of 6
WHEREAS, Section 2, Goal 6 of the Plan encourages " [i]mprov[ing] the quality of life for
residents" as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 14 of the Plan emphasizes efforts to " [r]estore a sense of
community and unify the area culturally" as a stated redevelopment principle; and
WHEREAS, the SEOPW CRA currently owns four (4) parcels of land at 318 Northwest 10th
Street, Miami, Florida 33136 (Folio Nos. 01-0102-070-1040; 01-0102-070-1041; 01-0102-070-1042; and
01-0102-070-1043); and
WHEREAS, the SEOPW CRA wishes to acquire the real properties abutting the
aforementioned parcels, currently owned by Shirlene Ingraham, as Trustee under the Shirlene Ingraham
Family Trust, and J.E.J Properties, Inc. (collectively, the "Seller"), located at 936 Northwest 3rd
Avenue and 950 Northwest 3rd Avenue, Miami, Florida 33136 (Folio No. 01-3137-035-0010)
(collectively, the "Properties"), containing an approximate total adjusted area of 3,826 square feet, as
legally described; and
WHEREAS, pursuant to Section 163.370, Florida Statutes and the Plan, the SEOPW CRA
plans to develop the Properties to enhance the qualify of life in the surrounding area and address
slum and blight; and
WHEREAS, the SEOPW CRA's estimated total cost for the acquisition of the Properties will not
exceed Three Million Five Hundred Thousand Dollars and Zero Cents ($3,500,000.00) ("Purchase
Price"), contingent upon the SEOPW CRA obtaining a written appraisal from a licensed Florida
appraiser, stating the appraised value of the Properties, plus the cost of a survey, environmental report,
title insurance, and related closing costs associated with the acquisition; and
WHEREAS, the SEOPW CRA anticipates engaging Marlon A. Hill of Weiss Serota Helfman
Cole & Bierman, P.L., to assist Counsel with the representation of the SEOPW CRA on all matters
related to a title commitment and policy, a Phase I Environmental Site Assessment Report (and Phase II,
if required), a survey, and representation at closing; and
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the
SEOPW CRA redevelopment goals and objectives;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AGENCY:
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 hereby authorized to negotiate and execute an
agreement, in a form acceptable to Counsel, between the SEOPW CRA and Seller for the acquisition
of the Properties for the Purchase Price, contingent upon the SEOPW CRA receiving a written
appraisal from a licensed Florida appraiser.
Section 3. The Executive Director is hereby further authorized to negotiate and
execute any and all necessary documents, all in forms acceptable to Counsel, as may be necessary to
effectuate said acquisition.
Page 5 of 6
Section 4. The Executive Director shall issue a report on the status of this potential
acquisition within 14 days of the passage of this resolution.
Section 5. The SEOPW CRA Counsel is hereby authorized to engage Marlon A. Hill of
Weiss Serota Helfman Cole & Bierman, P.L., for the representation of the SEOPW CRA on all matters
related to a title commitment and policy, a Phase I Environmental Site Assessment Report (and Phase
II, if required), a survey, and representation at closing.
Section 6. Sections of this Resolution may be renumbered 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 Clerk.
Section 7. This Resolution shall become effective immediately upon its adoption
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
yititi- Br , ounsel 6/5/2025
Page 6 of 6