HomeMy WebLinkAboutCRA-R-25-0034 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-25-0034
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 17792
Revision: A
File Type: CRA Resolution
File Name: Authorizing Tenant Improvement Grant and Sub -
Lease Agreement with TDG Sports & Entertainment, LLC.
Requesting Dept: Southeast Overtown/Park West CRA
Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: Southeast
Overtown/Park West CRA
Introduced: 6/17/2025
Final Action Date: 6/26/2025
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW
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'), AND WAIVING SAID
PROCEDURES, AUTHORIZING THE ALLOCATION OF GRANT FUNDS, IN AN
AMOUNT NOT TO EXCEED TWO HUNDRED THOUSAND DOLLARS AND ZERO
CENTS ($200,000.00) ("FUNDS"), TO TDG SPORTS & ENTERTAINMENT, LLC, A
FLORIDA LIMITED LIABILITY COMPANY ("TDG"), FOR TENANT SPACE
IMPROVEMENTS ("PURPOSE") AT 101 NORTHWEST 8TH STREET, UNIT 100,
MIAMI, FLORIDA 33136 ("TENANT SPACE"); AUTHORIZING THE EXECUTIVE
DIRECTOR TO DISBURSE THE 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; FURTHER PURSUANT TO SECTIONS 163.370 AND
163.380 FLORIDA STATUTES, SELECTING TDG AS THE SOLE PROPOSER, FOR
USE OF THE TENANT SPACE; AUTHORIZING THE EXECUTIVE DIRECTOR TO
NEGOTIATE AND EXECUTE A SUB -LEASE AGREEMENT ("SUB -LEASE") WITH TDG,
IN A FORM ACCEPTABLE TO COUNSEL, FOR AN INITIAL THREE (3) YEAR TERM,
AT A TOTAL BASE RENT OF ONE DOLLAR AND ZERO CENTS ($1.00) PER SQUARE
FOOT ANNUALLY, PLUS THE PROPORTIONATE SHARE OF REAL ESTATE TAXES,
INSURANCE AND COMMON AREA MAINTENANCE (CAM) CHARGES, WITH OPTION
TO RENEW FOR A TERM OF YEARS NOT TO EXCEED 2031; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY
AND ALL OTHER NECESSARY DOCUMENTS, ALL -IN FORMS ACCEPTABLE TO
COUNSEL, FOR THE PURPOSE STATED HEREIN; PROVIDING FOR THE
INCORPORATION OF RECITALS AND AN EFFECTIVE DATE.
Notes:
Links:
Attachments: File # 17792 - Exhibit A (PDF)
File # 17792 - Notice to the Public (PDF)
File # 17792 - Backup (PDF)
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-25-0034
History of Legislative File:
819 NW 2"d Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
Revision: Acting Body:
Date:
Action:
Result:
Miguel A Valentin
James McQueen
Vincent T. Brown
Southeast Overtown/Park
West CRA
Southeast Overtown/Park
West CRA
A Vincent T. Brown
A City Clerk's Office
6/17/2025
6/17/2025
6/17/2025
6/26/2025
6/26/2025
7/9/2025
7/14/2025
Finance Review Completed
Department Head Review Completed
Approved to Form and Legal Completed
Sufficiency
Meeting Completed
ADOPTED WITH Passed
MODIFICATION(S)
Approved to Form and Legal Completed
Sufficiency with Modifi
Rendered Completed
City of Miami Page 2 of 2 Printed on: 9/16/2025