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Home My WebLink AboutOMNI CRA 2025-12-11 MinutesCity of Miami 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Omni C R A Meeting Minutes Thursday, December 11, 2025 9:30 AM (OR THEREAFTER) City Hall 3500 Pan American Drive Miami, FL 33133 OMNI Community Redevelopment Agency Damian Pardo, Chair, District Two Joe Carollo, Vice Chair, District Three Miguel Angel Gabela, Board Member, District One Ralph "Rafael" Rosado, Board Member, District Four Christine King, Board Member, District Five OMNI CRA OFFICE ADDRESS: 1401 N. Miami Avenue, 2"d Floor Miami, FL 33136 Phone: (305) 679-6868 www.omnicra.com OMNI Community Redevelopment Agency Meeting Minutes December 11, 2025 CALL TO ORDER Present: Chair Pardo, Vice Chair Carollo, Commissioner Gabela, Commissioner Rosado and Commissioner King On the ll th day of December 2025, the Board of Commissioners of the OMNI Community Redevelopment Agency of the City of Miami met in regular session at Miami City Hall located at 3500 Pan American Drive, Miami, Florida. The meeting was called to order by Chair Pardo at 1:28 p.m., and was adjourned at 1:33 p.m. ALSO PRESENT: Carlos L Suarez, Executive Director, CRA Domini Gibbs-Sorey, Assistant General Counsel Todd B. Hannon, Assistant Clerk of the Board PUBLIC COMMENTS FOR ALL ITEM(S) Chair Pardo: Okay. The public comment period is now open for all resolutions on today's agenda. Seeing no public comment on the agenda items, the public comment period is now closed. OMNI Community Redevelopment Agency Page 1 Printed on 1/16/2026 OMNI Community Redevelopment Agency Meeting Minutes December 11, 2025 APPROVING THE MINUTES OF THE FOLLOWING MEETING(S): 1. OMNI COMMUNITY REDEVELOPMENT AGENCY - REGULAR MEETING - OCT 30, 2025 11:30 AM MOTION TO: Approve RESULT: APPROVED MOVER: Miguel Angel Gabela, Board Member, District One SECONDER: Christine King, Board Member, District Five AYES: Pardo, Carollo, Gabela, Rosado, King Board Member King: Todd, we're going to do the Southeast Overtown/Park West because I only need three for that, but we need four for Omni. (COMMENTS MADE OFF THE RECORD) Board Member King: Oh, Commissioner Gabela came back, okay. All right, Omni, go ahead, Mr. Chair. Chair Pardo: Okay. Good afternoon, everyone. I'm calling to order the December 11 th, 2025 Omni CRA (Community Redevelopment Agency) meeting. Is there a motion to approve the minutes for the October 30th, 2025 Omni CRA meeting? Board Member Gabela: Motion. Board Member King: I got -- Vice Chair Carollo: Move. Board Member King: Second. Chair Pardo: All those in favor? The Board Members (Collectively): Aye. Chair Pardo: Motion carries. OMNI CRA RESOLUTION(S) OMNI Community Redevelopment Agency Page 2 Printed on 1/16/2026 OMNI Community Redevelopment Agency Meeting Minutes December 11, 2025 1. OMNI CRA RESOLUTION 18575 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") ACCEPTING THE PROPOSAL RECEIVED OCTOBER 6, 2025, PURSUANT TO REQUEST FOR PROPOSALS ("RFP") NO. 09-29-2025, FROM RICHIE TANDOC, P.A., A FOR PROFIT CORPORATION REGISTERED TO CONDUCT BUSINESS IN FLORIDA ("TANDOC") FOR THE PROVISION OF EXTERNAL AUDITING SERVICES, FOR THE CRA, FOR THE FISCAL YEAR ("FY") 2024-2025 ANNUAL AUDIT, PURSUANT TO SECTION 218.39, FLORIDA STATUTES; FOR AN INITIAL TERM OF TWO (2) YEARS WITH THREE (3) ONE-YEAR RENEWAL OPTIONS, AUTHORIZING AN ALLOCATION IN AN AMOUNT NOT TO EXCEED TWENTY NINE THOUSAND AND 00/100 DOLLARS ($29,000.00) FOR THE INITIAL TERM, SUBJECT TO THE AVAILABILITY OF FUNDS; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AGREEMENT AND ANY EXTENSIONS, RENEWALS, OR AMENDMENTS, IN A FORM ACCEPTABLE TO GENERAL COUNSEL, BETWEEN TANDOC AND THE CRA FOR SAID PURPOSE; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. ENACTMENT NUMBER: CRA-R-25-0075 MOTION TO: Adopt RESULT: ADOPTED MOVER: Christine King, Board Member, District Five SECONDER: Ralph "Rafael" Rosado, Board Member, District Four AYES: Pardo, Carollo, Gabela, Rosado, King Chair Pardo: Madame Assistant City Attorney, please briefly read the agenda items regarding CRA (Community Redevelopment Agency) Resolutions 1 through 5 into the record. Domini Gibbs-Sorey: Good afternoon, Board. Domini Gibbs-Sorey, Assistant City Attorney for the City Attorney's Office, serving as General Counsel for the CRA. Item Number 1 is a resolution of the CRA accepting the proposal received October 6, 2025 pursuant to Request for Proposals Number 0929-2025 pursuant -- I'm sorry, from Richie Tandoc, PA (Public Accountant), for the provision of external auditing service for the CRA for Fiscal Year 24-25, the annual audit, pursuant to Section 218- 39 Florida Statutes, for an initial term of two years with three 1-year renewal options; authorizing an allocation in an amount not to exceed $29, 000 for the initial term, subject to the availability of funds; and authorizing the executive director to negotiate and execute an agreement. Item Number 2 is going to be amended to include Exhibits F and G, which has been distributed to all of you. It's a resolution authorizing the issuance of the not -to -exceed aggregate principal amount of $150 million Redevelopment Revenue Bond Series 2026 for the principal purpose of financing certain redevelopment projects, providing that the Series 2026 bond shall be limited, obligations of the issuer payable from tax increment revenues as provided herein, pledging such tax increment revenues and proceeds of certain funds and accounts created herein to secure payment of the principal interest of the Series 2026 bonds, delegating the award of the sale of the Series 2026 bonds, approving the execution and delivery, of the bond purchase agreement, approving the execution and delivery of the continuing disclosure agreement, providing for the right securities and remedies for the owners of the Series 2026 bonds, and making certain covenants and agreements in connection therewith. Item Number 3 is a resolution by a four - fifths allocating grant funds from the CRA 's Fiscal Year 25-26 budget in an amount OMNI Community Redevelopment Agency Page 3 Printed on 1/16/2026 OMNI Community Redevelopment Agency Meeting Minutes December 11, 2025 not to exceed $825,000 to Trackside Holdings, LLC (Limited Liability Company) for an affordable housing redevelopment project contingent upon the issuance of the CRA's Tax Increment Revenue Bond Series 2026, consisting of 18 total residential units, including 6 two -bedroom units and 12 one -bedroom units , of which six units will be restricted at 80 percent AMI (Area Median Income) at the property located at 1348 Northwest 1st Avenue in the CRA. Item Number 4 is a resolution by a four - fifths allocating funds from the CRA's 25-26 budget in an amount not to exceed $900,000 to Howard Realty Partners to support the activation of a community venue for sports, entertainment, and cultural events on a privately owned property at the corner of Northeast 17th Street, identified by folio number 01-3136-091-0010, contingent upon a filly executed lease between the property owner and the grantee being provided to the CRA no later than March 2nd, 2026. And Item Number 5 is being amended to clarify the specifics of the project and to provide backup documents, which is the cost estimate from the City. It's a resolution authorizing the executive director to negotiate an MOU (Memorandum of Understanding) between the CRA and the City of Miami for the allocation of funds in an amount not to exceed $130,000 to the City for costs associated with the build -out, construction of the public right-of-way improvements to include sidewalks, curb and gutter, stormwater drainage and paving for the area located on the west side of Northeast Miami Place between Northeast 14th Street and Northeast 15th Street pursuant to Section 163.370 Florida Statutes. [Later...] Chair Pardo: Is there any discussion amongst board members regarding Resolutions 1 through 5? Is there a motion for adoption of Resolutions 1 through 5? Board Member King: Motion. Board Member Rosado: Second. Chair Pardo: All those in favor? The Board Members (Collectively): Aye. Chair Pardo: Motion carries unanimously. Thank you, everyone. Todd B. Hannon (Clerk of the Board): With 2 and 5 as amended. Chair Pardo: What's that? Mr. Hannon: Simply clarifying on the record -- Board Member King: 2 and 5 as amended. Mr. Hannon: -- with 2 and 5 as amended. Good to go. Chair Pardo: With 2 and 5 as amended. Thank you. Thank you, everyone, for being here today. The meeting is now adjourned. Board Member King: Thank you. Unidentified Speaker: Thank you. OMNI Community Redevelopment Agency Page 4 Printed on 1/16/2026 OMNI Community Redevelopment Agency Meeting Minutes December 11, 2025 2. OMNI CRA RESOLUTION 18635 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE ISSUANCE OF NOT TO EXCEED AGGREGATE PRINCIPAL AMOUNT OF $150,000,000 REDEVELOPMENT REVENUE BONDS, SERIES 2026 FOR THE PRINCIPAL PURPOSE OF FINANCING CERTAIN REDEVELOPMENT PROJECTS; PROVIDING THAT THE SERIES 2026 BONDS SHALL BE LIMITED OBLIGATIONS OF THE ISSUER PAYABLE FROM TAX INCREMENT REVENUES AS PROVIDED HEREIN AND MAY BE ISSUED AS TAX-EXEMPT OR TAXABLE BONDS; PLEDGING SUCH TAX INCREMENT REVENUES AND PROCEEDS OF CERTAIN FUNDS AND ACCOUNTS CREATED HEREIN TO SECURE PAYMENT OF THE PRINCIPAL AND INTEREST ON THE SERIES 2026 BONDS; DELEGATING THE AWARD OF THE SALE OF THE SERIES 2026 BONDS TO THE CHAIRMAN; APPOINTING A REGISTRAR AND PAYING AGENT; APPROVING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT; APPROVING THE EXECUTION AND DELIVERY OF A CONTINUING DISCLOSURE AGREEMENT; PROVIDING FOR THE RIGHTS, SECURITIES AND REMEDIES FOR THE OWNERS OF THE SERIES 2026 BONDS; MAKING CERTAIN COVENANTS AND AGREEMENTS IN CONNECTION THEREWITH; AND PROVIDING AN EFFECTIVE DATE. ENACTMENT NUMBER: CRA-R-25-0076 MOTION TO: Adopt with Modification(s) RESULT: ADOPTED WITH MODIFICATION(S) MOVER: Christine King, Board Member, District Five SECONDER: Ralph "Rafael" Rosado, Board Member, District Four AYES: Pardo, Carollo, Gabela, Rosado, King Note for the Record: For minutes referencing Item Number 2, please see Item Number 1. OMNI Community Redevelopment Agency Page 5 Printed on 1/16/2026 OMNI Community Redevelopment Agency Meeting Minutes December 11, 2025 3. OMNI CRA RESOLUTION 18579 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), BY A FOUR -FIFTHS (4/5THS) 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 2025-2026 BUDGET IN AN AMOUNT NOT TO EXCEED EIGHT HUNDRED TWENTY-FIVE THOUSAND AND 00/100 DOLLARS ($825,000.00) TO TRACKSLAND HOLDINGS LLC, A FLORIDA LIMITED LIABILITY COMPANY ("GRANTEE") FOR AN AFFORDABLE HOUSING REDEVELOPMENT PROJECT, CONTINGENT UPON THE ISSUANCE OF THE CRA'S TAX INCREMENT REVENUE BONDS, SERIES 2026, CONSISTING OF EIGHTEEN (18) TOTAL RESIDENTIAL UNITS, INCLUDING SIX (6) TWO -BEDROOM UNITS AND TWELVE (12) ONE - BEDROOM UNITS, OF WHICH SIX (6) UNITS WILL BE RESTRICTED AT EIGHTY PERCENT (80%) AREA MEDIAN INCOME ("AMI"), AT THE PROPERTY LOCATED AT 1348 NORTH WEST 1ST AVENUE, MIAMI, FLORIDA 33136, WITHIN THE CRA REDEVELOPMENT AREA ("PROJECT"); AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS IN HIS DISCRETION, UPON THE PRESENTATION OF INVOICES, SUBJECT TO THE AVAILABILITY OF FUNDING; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE A FORGIVEABLE LOAN AGREEMENT, RESTRICTIVE COVENANT, AND ANY ADDITIONAL NECESSARY DOCUMENTS, BETWEEN THE CRA AND GRANTEE FOR THE PROJECT, INCLUDING ANY MODIFICATIONS OR AMENDMENTS, ALL IN FORMS ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN; ALL BEING SUBJECT TO THE AVAILABILITY OF FUNDING AND THE RENTS BEING RESTRICTED FOR TWENTY-FIVE (25) YEARS AS MORE PARTICULARLY DETAILED IN THE RESTRICTIVE COVENANT TO BE RECORDED IN THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. ENACTMENT NUMBER: CRA-R-25-0077 MOTION TO: Adopt RESULT: ADOPTED MOVER: Christine King, Board Member, District Five SECONDER: Ralph "Rafael" Rosado, Board Member, District Four AYES: Pardo, Carollo, Gabela, Rosado, King Note for the Record: For minutes referencing Item Number 3, please see Item Number 1. OMNI Community Redevelopment Agency Page 6 Printed on 1/16/2026 OMNI Community Redevelopment Agency Meeting Minutes December 11, 2025 4. OMNI CRA RESOLUTION 18576 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), BY A FOUR -FIFTHS (4/5THS) 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 FUNDS FROM THE CRA'S FISCAL YEAR 2025-2026 BUDGET IN AN AMOUNT NOT TO EXCEED NINE HUNDRED THOUSAND AND 00/100 DOLLARS ($900,000.00) TO HOWARD REALTY PARTNERS, CORP, A FLORIDA CORPORATION ("GRANTEE") TO SUPPORT THE ACTIVATION OF A COMMUNITY VENUE FOR SPORTS, ENTERTAINMENT, AND CULTURAL EVENTS ON A PRIVATELY -OWNED PARCEL OF LAND LOCATED AT THE CORNER OF NORTH EAST 17TH STREET AND NORTH EAST 2ND AVENUE, IDENTIFIED BY FOLIO NUMBER 01-3136-091-0010 ("PROPERTY") WITHIN THE CRA REDEVELOPMENT AREA, CONTINGENT UPON A FULLY EXECUTED LEASE BETWEEN THE PROPERTY OWNER AND GRANTEE; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS IN HIS DISCRETION FROM ACCOUNT NO. 10040.920501.8830000.0000.00000; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE A GRANT AGREEMENT BETWEEN THE CRA AND GRANTEE, INCLUDING ANY AND ALL NECESSARY DOCUMENTS AND AMENDMENTS, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSE STATED HEREIN; ALL BEING SUBJECT TO THE AVAILABILITY OF FUNDING; PROVIDING FOR THE INCORPORATION OF RECITALS AN EFFECTIVE DATE, AND A DATE UPON WHICH THE RESOLUTION WILL HAVE NO FURTHER FORCE OR EFFECT. ENACTMENT NUMBER: CRA-R-25-0078 MOTION TO: Adopt RESULT: ADOPTED MOVER: Christine King, Board Member, District Five SECONDER: Ralph "Rafael" Rosado, Board Member, District Four AYES: Pardo, Carollo, Gabela, Rosado, King Note for the Record: For minutes referencing Item Number 4, please see Item Number 1. OMNI Community Redevelopment Agency Page 7 Printed on 1/16/2026 OMNI Community Redevelopment Agency Meeting Minutes December 11, 2025 5. OMNI CRA RESOLUTION 18636 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("OMNI CRA") AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE A MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN THE OMNI CRA AND THE CITY OF MIAMI ("CITY") FOR THE ALLOCATION OF FUNDS IN AN AMOUNT NOT TO EXCEED ONE HUNDRED THIRTY THOUSAND DOLLARS ($130,000.00) ("FUNDS"), TO THE CITY FOR COSTS ASSOCIATED WITH IMPROVEMENTS TO EXISTING SIDEWALKS, CURBS AND GUTTERS LOCATED ON THE WEST SIDE OF NORTH EAST MIAMI PLACE & NORTH EAST 14TH STREET MIAMI FLORIDA, WITHIN THE OMNI CRA'S REDEVELOPMENT AREA ("PROJECT"), CONSISTENT WITH THE 2019 REDEVELOPMENT PLAN OF THE OMNI CRA; AUTHORIZING THE ALLOCATION OF FUNDS FROM " OTHER GRANT AND AIDS," ACCOUNT CODE NO. 10040.920501.883000.0000.00000 FOR THE PURPOSE STATED HEREIN; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL OTHER DOCUMENTS NECESSARY, FOR SAID PURPOSE, ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL; PROVIDING FOR THE INCORPORATION OF RECITALS AN EFFECTIVE DATE. ADJOURNED ENACTMENT NUMBER: CRA-R-25-0079 MOTION TO: Adopt with Modification(s) RESULT: ADOPTED WITH MODIFICATION(S) MOVER: Christine King, Board Member, District Five SECONDER: Ralph "Rafael" Rosado, Board Member, District Four AYES: Pardo, Carollo, Gabela, Rosado, King Note for the Record: For minutes referencing Item Number 5, please see Item Number 1. The meeting adjourned at 1:33 p.m. OMNI Community Redevelopment Agency Page 8 Printed on 1/16/2026