HomeMy WebLinkAboutCRA-R-25-0072 Exhibit AExhibit "A"
SEOPW Board of Commissioners Meeting
November 20, 2025
THE SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
4/5ths RECOMMENDATION INTER -OFFICE MEMORANDUM
To: Board Chair Christine King and
Members of the SEOPW CRA Board
Date: November 20, 2025 File:
Subject: Recommendations and findings to waive
competitive sealed bidding and negotiation
methods, pursuant to Sec. 18-85 and 18-86, for
F.S.H. Holdings 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").
F.S.H. Holdings LLC, a Florida Limited Liability Company ("Grantee"), has submitted a request for financial
assistance for critical repairs and improvements of the two-story building located at 1127 N.W. 1st Place, Miami,
Florida 33136 ("Property") ("Purpose").
The Redevelopment Area currently has a shortage of affordable housing units available and affordable to residents of
Overtown, who have median income levels far less than the Miami -Dade County area median income (AMI)
benchmark levels. It is recommended that the Property be upgraded and improved to add to the stock of affordable
housing units within the Redevelopment Area. With the SEOPW CRA's support, the Grantee's commitment to
preserving and uplifting the Overtown community through a grant will be realized, strengthening local revitalization.
The SEOPW CRA desires to provide funding, in an amount not to exceed Two Hundred Thirty -Six Thousand Six
Hundred Fifty Dollars and Zero Cents ($236,650.00) ("Funds").
It is recommended that the SEOPW CRA Board authorize the issuance of the Funds to Grantee for the Purpose stated
herein. 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 SEOPW CRA as set forth in the City Code of Ordinances, as amended,
specifically Section(s) 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
a D.
McQueen
,
n,
Executive Director
1