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HomeMy WebLinkAboutCRA-R-25-0033 Exhibit ASEOPW Board of Commissioners Meeting June 26, 2025 THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4/5ths RECOMMENDATION INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Date: June 17, 2025 File: Members of the SEOPW CRA Board Subject: Recommendations and findings to waive competitive sealed bidding and negotiation methods pursuant to City Code 18-85 and 18-86 for the Tenant Improvement Grant to Italian Vice Markets, LLC. 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 2018 Updated SEOPW CRA Redevelopment Plan ("Plan"). Italian Vice Markets, LLC, a Florida Limited Liability Company ("Italian Vice"), currently operates a local dessert business within the Redevelopment Area. Italian Vice now seeks financial assistance to expand its business operations and has submitted an application to the SEOPW CRA's Tenant Improvement Grant Initiative, authorized by Resolution No. CRA-R-25-0021, passed and adopted on April 24, 2025, for a grant, in an amount not to exceed Two Hundred Thousand Dollars and Zero Cents ($200,000.00). In its proposal, Italian Vice identifies a comprehensive buildout plan to help attract families and individuals of all backgrounds to the Redevelopment Area, and contribute to the overall improvement of the neighborhood economy. It is recommended that the SEOPW CRA Board authorize the issuance of a grant for tenant improvements, subject to the execution of a Sub -lease with the SEOPW CRA. The Executive Director has reviewed and vetted the 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 and 18-86 and the affirmation of these written findings and the forwarding the same to the SEOPW CRA Board by a four -fifths vote is respectfully requested. APPROVED Jos D. McQueen, Executive Director