HomeMy WebLinkAbout18357 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number:
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 18357
Revision:
File Type: CRA Resolution Status: WITHDRAWN
Controlling Body: Southeast
Overtown/Park West CRA
File Name: Authorize Development Economic Incentive Introduced: 10/16/2025
Agreement: Block 45, LLC.
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 10/23/2025
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW
CRA"), WITH ATTACHMENT(S), AUTHORIZING THE EXECUTIVE DIRECTOR TO
NEGOTIATE AND EXECUTE A DEVELOPMENT ECONOMIC INCENTIVE
AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE FORM ATTACHED AS
EXHIBIT "A," BY AND BETWEEN THE SEOPW CRA AND BLOCK 45, LLC, A FLORIDA
LIMITED LIABILITY COMPANY ("DEVELOPER"), FOR THE DEVELOPMENT OF
BLOCK 45, LOCATED AT 152 NORTHWEST 8TH STREET, MIAMI, FLORIDA 33136
(FOLIO NO. 01-0104-050-1010) ("PROPERTY"), INTOA MIXED -USE, MIXED -INCOME
TRANSIT ORIENTED DEVELOPMENT PROJECT, AND AUTHORIZING THE
ALLOCATION AND APPROPRIATION OF A PORTION OF THE PROCEEDS FROM
THE SERIES 2025 BOND ISSUANCE, IN AN AMOUNT NOT TO EXCEED TEN
MILLION DOLLARS AND ZERO CENTS ($10,000,000.00) ("FUNDS"), FOR PROJECT
COSTS ("PURPOSE"); FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO
ALLOCATE THE FUNDS FROM ACCOUNT NO. 300000.920101.883000.0000.00000 —
"SEOPW CAPITAL PROJECTS GRANT AND AIDS" FOR THE PURPOSE STATED
HEREIN, SUBJECT TO ALL FEDERAL, STATE AND LOCAL LAWS THAT REGULATE
THE USE OF SUCH FUNDS FOR SAID PURPOSE; DIRECTING THE EXECUTIVE
DIRECTOR TO PRESENT ANY AMENDMENTS TO THE AGREEMENT TO THE
BOARD FOR ITS CONSIDERATION AND, IF SATISFACTORY, APPROVAL; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY
AND ALL DOCUMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL,
INCLUDING, BUT NOT LIMITED TO, A RESTRICTIVE COVENANT TO BE RECORDED
IN THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, FOR SAID
PURPOSE; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN
EFFECTIVE DATE.
Notes:
Links:
Attachments: File # 18357 - Exhibit A (PDF)
File # 18357 - Backup (PDF)
File # 18357 - Submittal-SEOPW CRA-Financial Information Form (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Miguel A Valentin 10/16/2025 Finance Review Completed
City of Miami Page 1 of 2 Printed on: 11/10/2025
Southeast Overtown/Park West
Community Redevelopment Agency
James McQueen
Vincent T. Brown
Southeast Overtown/Park
West CRA
Southeast Overtown/Park
West CRA
Master Report
Enactment N
10/16/2025
10/16/2025
10/23/2025
10/23/2025
umber:
Department Head Review
Approved to Form and Legal
Sufficiency
Meeting
WITHDRAWN
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
Completed
Completed
Completed
Passed
City of Miami
Page 2 of 2
Printed on: 11/10/2025