The URL can be used to link to this page

Home My WebLink AboutCRA-R-25-0030 Master Reportr o- —et ow Omni CRA OMNI Community Redevelopment Agency Master Report Enactment Number: CRA-R-25-0030 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 http://miamicra.com File Number: 15521 Revision: C File Type: OMNI CRA Status: ADOPTED Resolution Controlling Body: OMNI Community Redevelopment Agency File Name: 4/5ths Grant for Uni-Tower Project Introduced: 2/2/2024 Requesting Dept: OMNI Community Redevelopment Agency Final Action Date: 6/26/2025 Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), BY A FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S RECOMMENDATION AND FINDING, ATTACHED AND INCORPORATED AS EXHIBIT "A," THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS PURSUANT TO SECTIONS 18-85 AND 18-86 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, ("CITY CODE"), AS ADOPTED BY THE CRA; WAIVING THE REQUIREMENTS FOR COMPETITIVE SEALED BIDDING AS NOT BEING PRACTICABLE OR ADVANTAGEOUS TO THE CRA; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AMENDMENT TO THE ECONOMIC INCENTIVE AGREEMENT DATED MAY 21, 2020 ("AGREEMENT") IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE MIXED -USE AND MIXED - INCOME PROJECT KNOWN AS "UNI-TOWER" ("PROJECT") FOR THE DEVELOPMENT OF PROPERTY LOCATED WITHIN A UNITED STATES SMALL BUSINESS ADMINISTRATION DESIGNATED HUBZONE AT 70 NORTH EAST 17TH STREET, 90 NORTH EAST 17TH STREET, AND 1642 NORTH EAST 1ST AVENUE, MIAMI, FLORIDA; FURTHER AMENDING THE AFFORDABILITY PERIOD OF THE PROJECT TO 2055; AUTHORIZING THE ALLOCATION OF GRANT FUNDS IN AN ADDITIONAL AMOUNT NOT TO EXCEED FIVE MILLION AND 00/100 DOLLARS ($5,000,000.00), SUBJECT TO THE AVAILABILITY OF FUNDS; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AMENDED RESTRICTIVE COVENANT AGREEMENT, AND ANY AND ALL OTHER NECESSARY DOCUMENTS, ALL IN FORMS ACCEPTABLE TO THE GENERAL COUNSEL FOR THE PURPOSE STATED HEREIN AND PROVIDING FOR AN EFFECTIVE DATE. Notes: Links: Attachments: 15521 Exhibit A (PDF) 15521 Uni-Tower Progress Update (PDF) 15521 Uni-Tower CRA Breakdown (PDF) 15521 Letters of Support (PDF) 15521 Rent Loss 2048-2055 (PDF) 15521 Notice to the Public (PDF) History of Legislative File: City of Miami Page 1 of 2 Printed on: 9/16/2025 /i• Omni CIA OMNI Community Redevelopment Agency Master Report Enactment Number: CRA-R-25-0030 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 http://miamicra.com Revision: Acting Body: Date: Action: Result: A A A A A A A A B B B B B B C C C C C C C Isiaa Jones George K. Wysong III Victoria Mendez OMNI Community Redevelopment Agency OMNI Community Redevelopment Agency Isiaa Jones Domini J. Gibbs George K. Wysong III OMNI Community Redevelopment Agency OMNI Community Redevelopment Agency George K. Wysong III OMNI Community Redevelopment Agency OMNI Community Redevelopment Agency Jesly De Los Santos Isiaa Jones Domini J. Gibbs George K. Wysong III OMNI Community Redevelopment Agency OMNI Community Redevelopment Agency Jesly De Los Santos Isiaa Jones Domini J. Gibbs George K. Wysong III OMNI Community Redevelopment Agency OMNI Community Redevelopment Agency City Clerk's Office 2/4/2024 2/5/2024 2/6/2024 2/8/2024 2/8/2024 12/6/2024 12/6/2024 12/6/2024 12/12/2024 12/12/2024 5/13/2025 5/22/2025 5/22/2025 5/30/2025 6/4/2025 6/4/2025 6/4/2025 6/12/2025 6/12/2025 6/20/2025 6/20/2025 6/20/2025 6/20/2025 6/26/2025 6/26/2025 6/26/2025 Department Head Review Deputy Attorney Review Approved Form and Correctness Meeting CONTINUED Department Head Review ACA Review Approved Form and Correctness Meeting MEETING CANCELLED Approved Form and Correctness Meeting MEETING CANCELLED Staff Review Department Head Review ACA Review Approved Form and Correctness Meeting MEETING CANCELLED Staff Review Department Head Review ACA Review Approved Form and Correctness Meeting ADOPTED Rendered Completed Completed Completed Completed Passed Completed Completed Completed Completed Passed Completed Completed Passed Completed Completed Completed Completed Completed Passed Completed Completed Completed Completed Completed Passed Completed City of Miami Page 2 of 2 Printed on: 9/16/2025