HomeMy WebLinkAboutSEOPW CRA 2025-12-11 Agenda PacketCity of Miami
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
Meeting Agenda
Thursday, December 11, 2025
10:00 AM
City Hall
3500 Pan American Drive
Miami, FL 33133
SEOPW Community Redevelopment Agency
Christine King, Chair, District Five
Miguel Angel Gabela, Board Member, District One
Damian Pardo, Board Member, District Two
Joe Carollo, Board Member, District Three
Ralph "Rafael" Rosado, Board Member, District Four
X k k******WW W:Y:Y****iiiiiii
SEOPW CRA OFFICE ADDRESS:
819 NW 2ND AVENUE, 3RD FLOOR
MIAMI, FL 33136
Phone: (305) 679-6800
www.seopwcra.com
Southeast Overtown/Park West CRA Meeting Agenda
December 11, 2025
CALL TO ORDER
CRA PUBLIC COMMENTS
MINUTES APPROVAL
CRA RESOLUTION
1. CRA RESOLUTION
18634 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT
AGENCY ("SEOPW CRA"), AUTHORIZING THE EXECUTIVE DIRECTOR TO
NEGOTIATE AND EXECUTE A NON -BINDING LETTER OF INTENT ("LOI"),
IN A FORM ACCEPTABLE TO COUNSEL, WITH TOWN PARK VILLAGE NO.
1, INC., A FLORIDA FOR -PROFIT CORPORATION ("TOWN PARK") IN
ORDER TO FACILITATE A COMPREHENSIVE RESTRUCTURING OF THE
MANAGEMENT OF THE TOWN PARK APARTMENT COMPLEX AND THE
IMPROVEMENT OF ITS PROPERTY ("PURPOSE"); FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND
EXECUTE ANY AND ALL AGREEMENTS AND DOCUMENTS NECESSARY,
ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR SAID PURPOSE, AND
DIRECTING THE EXECUTIVE DIRECTOR TO PRESENT THE AGREED -TO
LOI TO THE BOARD FOR ITS FINAL CONSIDERATION AND APPROVAL
WITHIN SIXTY (60) DAYS OF ITS EXECUTION; PROVIDING FOR THE
INCORPORATION OF RECITALS AND AN EFFECTIVE DATE.
ADJOURNMENT
City of Mianzi Page 2 Printed on 12/4/2025
4.1
SEOPW Board of Commissioners Meeting
December 11, 2025
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Christine King
and Members of the CRA
Board
From: James McQueen
Executive Director
Date: December 4, 2025
File: 18634
Subject: Letter of Intent with Town Park
Village No. 1.
Enclosures:
BACKGROUND:
A Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community
Redevelopment Agency ("SEOPW CRA"), authorizing the Executive Director to negotiate and execute a
non -binding Letter Of Intent ("LOP'), in a form acceptable to Counsel, with Town Park Village No. 1,
Inc., a Florida For -Profit Corporation ("Town Park") in order to facilitate a comprehensive restructuring
of the management of the Town Park apartment complex and the improvement of its property
("Purpose").
It is recommended that the Board of Commissioners of the SEOPW CRA approve and adopt the attached
Resolution, authorizing the Executive Director to negotiate and execute an LOI with Town Park for the
Purpose stated herein.
JUSTIFICATION:
Pursuant to Section 163.340(9), Florida Statutes (the "Act") community redevelopment means
"undertakings, activities, or projects of a ... community redevelopment agency in a community
redevelopment area for the elimination and prevention of the development or spread of slums and
blight...."
Lastly, Section 2, Goal 6, of the Plan, supports "improv[ing] the quality of life [and] creating housing . .
.," as a stated redevelopment goal.
FUNDING SOURCE:
No funding is committed at this time.
FACT SHEET:
Entity name: Town Park Village No. 1, Inc.
Packet Pg. 3
4.1
Address: 1600 N.W. 4th Avenue, Business Office - Unit 16H, Miami, Florida 33136
Scope of work or services (Summary): The Executive Director is requesting authority to negotiate and
ultimately execute an LOI with Town Park, ensuring the continued operation of the Town Park apartment
complex as an essential component of the Historic Overtown community.
Page 2 of 5
Packet Pg. 4
4.1
AGENDA ITEM
FINANCIAL INFORMATION FORM
SEOPW CRA
CRA Board Meeting Date: December 11, 2025
CRA Section:
Approved by:
Executive Director 12/4/2025
Approval:
Miguel A Valcntlr , iriarce Officer 12/4/2025
Page 3 of 5
Packet Pg. 5
4.1
Southeast Overtown/Park West
Community Redevelopment Agency
File Type: CRA Resolution
Enactment Number:
File Number: 18634 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW
CRA"), AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND
EXECUTE A NON -BINDING LETTER OF INTENT ("LOI"), IN A FORM ACCEPTABLE
TO COUNSEL, WITH TOWN PARK VILLAGE NO. 1, INC., A FLORIDA FOR -PROFIT
CORPORATION ("TOWN PARK") IN ORDER TO FACILITATE A COMPREHENSIVE
RESTRUCTURING OF THE MANAGEMENT OF THE TOWN PARK APARTMENT
COMPLEX AND THE IMPROVEMENT OF ITS PROPERTY ("PURPOSE"); FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY
AND ALL AGREEMENTS AND DOCUMENTS NECESSARY, ALL IN FORMS
ACCEPTABLE TO COUNSEL, FOR SAID PURPOSE, AND DIRECTING THE
EXECUTIVE DIRECTOR TO PRESENT THE AGREED -TO LOI TO THE BOARD FOR
ITS FINAL CONSIDERATION AND APPROVAL WITHIN SIXTY (60) DAYS OF ITS
EXECUTION; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN
EFFECTIVE DATE.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW
CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is
responsible for carrying out community redevelopment activities and projects within its Redevelopment
Area in accordance with the 2018 Updated Southeast Overtown/Park West Community Redevelopment
Plan ("Plan"); and
WHEREAS, pursuant to Section 163.340(9), Florida Statutes, "community redevelopment means
projects of a ... community redevelopment agency in a community redevelopment area for the
elimination and prevention of the development or spread of slum and blight"; and
WHEREAS, Section 2, Goal 6, of the Plan, supports "improv[ing] the quality of life [and]
creating housing ...," as a stated redevelopment goal; and
WHEREAS, the Executive Director and Town Park Village No. 1, Inc., a Florida For -Profit
Corporation ("Town Park"), desire to enter into a non -binding Letter of Intent ("LOI") in order to
collaborate on a comprehensive restructuring of the Town Park apartment complex's physical buildings
and its management department, to be more particularly described in the LOI; and
WHEREAS, the LOI will outline the responsibilities and objectives of both the SEOPW CRA
and Town Park, and will provide the basic structure for eventual agreements required for project
implementation; and
WHEREAS, the Executive Director is requesting authority to negotiate and ultimately execute an
LOI with Town Park, ensuring the continued operation of the Town Park apartment complex as an
Page 4 of 5
Packet Pg. 6
4.1
essential component of the Historic Overtown community, without the need for further approval from the
Board of Commissioners and within the Executive Director's discretion, all in a form acceptable to
Counsel ("Purpose"); and
WHEREAS, the Board of Commissioners of the SEOPW CRA wishes to authorize the Executive
Director to negotiate and execute the LOI with Town Park for the Purpose stated herein; and
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the
SEOPW CRA redevelopment goals and objectives;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. The Executive Director is hereby authorized' to negotiate and execute the LOI
with Town Park, in a form acceptable to Counsel, for the Purpose stated herein.
Section 3. The Executive Director is hereby further directed to present the agreed to LOI to
the Board for its final consideration and approval within sixty (60) days of its execution.
Section 4. Sections of this Resolution may be renumbered or re -lettered and corrections of
typographical errors which do not affect the intent may be authorized by the Executive Director, or the
Executive Director's designee, without need of public hearing, by filing a corrected copy of the same with
the City Clerk.
Section 5. This Resolution shall become effective immediately upon its adoption
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
ounsel 12/4/2025
1 The herein authorization is further subject to compliance with all legal requirements that may be imposed,
including but not limited to those prescribed by applicable State law, City Charter and City Code provisions, as
adopted by the SEOPW CRA.
Page 5 of 5
Packet Pg. 7