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HomeMy WebLinkAboutCRA-R-24-0028Omni C R A OMNI Community Redevelopment Agency Legislation OMNI CRA Resolution: CRA-R-24-0028 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.omnicra.com File Number: 15953 Final Action Date:4/25/2024 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 TO THE CRA PURSUANT TO SECTIONS 18-85 AND 18-86 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, AS ADOPTED BY THE CRA; WAIVING THE REQUIREMENTS FOR COMPETITIVE SEALED BIDDING AS NOT BEING PRACTICABLE OR ADVANTAGEOUS TO THE CRA; ALLOCATING GRANT FUNDS FROM THE CRA'S FISCAL YEAR 2023-2024 BUDGET IN AN AMOUNT NOT TO EXCEED NINE HUNDRED THOUSAND DOLLARS ($900,000.00) FOR AN AFFORDABLE HOUSING DEVELOPMENT PROJECT CONSISTING OF SIX (6) UNITS AT 50% AMI, THREE (3) UNITS AT 80% AMI, AND NINE (9) UNITS AT 100% AMI AT THE PROPERTY LOCATED AT 102 NW 14TH STREET, MIAMI, FL 33136 TO LEONARDO D. STARKE, TRUSTEE OF THE FLORIDA LAND TRUST, ALL LOCATED IN THE CRA REDEVELOPMENT AREA, TO PALM PLAZA; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS IN HIS/HER DISCRETION; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL AGREEMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN; ALL BEING SUBJECT TO THE RENTS BEING RESTRICTED UNTIL 2054 AS MORE PARTICULARLY DETAILED IN A RESTRICTIVE COVENANT THAT IS TO BE RECORDED IN THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is tasked with reducing slum and blight within its boundaries; and WHEREAS, the Developer, submitted a request for funding to rehabilitate Palm Plaza to consist of six (6) units at 50% of Area Median Income ("AMI"), three (3) units at 80% AMI, and nine (9) units at 100% AMI, at the property located at 102 NW 14th Street, Miami, FL 33136 (the "Project"); and WHEREAS, the 2010 Redevelopment Plan ("Plan") on page 41, Section C-2 lists the objective of the CRA to "Provide incentives for the development of a variety of housing choices, including affordable, special needs and a workforce housing" and to make "Improvements to the Public Realm" by "[enhancing] the areas' visual attractiveness to businesses and along with creating a variety of housing"; and City of Miami Page 1 of 2 File ID: 15953 (Revision: A) Printed On: 1/20/2026 File ID: 15953 Enactment Number: CRA-R-24-0028 WHEREAS, the Plan also outlines working with private entities on page 42, Sections A-1 and A-3 and states that the CRA is to "Provide incentives for redevelopment of blighted properties," and WHEREAS, the Developer requests grant funding for the Project in an amount not to exceed $900,000.00; and WHEREAS, the success of the Project will result in accomplishing the stated objectives of the Plan; and WHEREAS, based on the recommendation and finding of the Executive Director, attached and incorporated as Exhibit "A", it is in the CRA's best interest to authorize, by an affirmative four -fifths (4/5ths) vote, a waiver of competitive sealed bidding procedures 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, for the allocation of grant funds in an amount not to exceed Nine Hundred Thousand Dollars ($900,000.00) to be disbursed, subject to the Executive Director's discretion to Leonardo D. Starke, Trustee of the Florida Land Trust for the Project; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble of the Resolution are adopted by reference and incorporated as fully set forth in this Section. Section 2. By a four -fifths (4/5ths) affirmative vote, after an advertised public hearing, the Executive Director's recommendation and written finding, attached and incorporated, pursuant to Sections 18-85 and 18-86 of the City Code, as adopted by the CRA, are ratified, approved, and confirmed and the requirements for competitive sealed bidding methods as not being practicable or advantageous to the CRA are waived. Section 3. Funds in an amount not to exceed Nine Hundred Thousand Dollars ($900,000.00) for the Project are allocated from CRA Fiscal Year 2023-2024 budget, to fund the costs as requested to Leonardo D. Starke, Trustee of the Florida Land Trust. Section 4. The Executive Director is authorized to negotiate and execute any and all necessary documents, all in forms acceptable to the General Counsel, for the purposes stated herein, including but not limited to a restrictive covenant detailing rent restrictions which is to be recorded in the public records of Miami -Dade County, Florida. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: ge = . Wys ng II , C y ttor -y 1/16/2026 City of Miami Page 2 of 2 File ID: 15953 (Revision: A) Printed on: 1/20/2026