HomeMy WebLinkAboutCRA-R-25-0076 Notice to the PublicOMNI REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY
NOTICE OF PUBLIC HEARING
The Board of Commissioners ("Board") of the Omni Redevelopment District Community
Redevelopment Agency ("OMNI CRA") hereby gives notice that it will conduct a public
meeting to consider issuance of the OMNI CRA's Tax Increment Revenue Bonds, Series
2026, in one or more series (the "Series 2026 Bonds"), in an amount not to exceed an
aggregate principal amount of One Hundred Fifty Million Dollars and Zero Cents
($150,000,000.00). This public meeting will occur on Thursday, December 11, 2025, at 9:30
a.m. or anytime thereafter, in the City Commission Chambers located at Miami City Hall, 3500
Pan American Drive, Miami, Florida 33133. Interested parties may appear at the meeting and
be heard with respect to issuance of the Series 2026 Bonds. At the conclusion of the
meeting, the OMNI CRA will consider adoption of a resolution authorizing issuance of the
Series 2026 Bonds. Copies of the proposed resolution are available for public inspection in
the office of Carlos Ignacio Suarez, Executive Director, at 1401 North Miami Avenue, 2nd
Floor, Miami, Florida 33136.
Section 163.346, Florida Statutes requires approval of the City Commission (the "City
Commission") of the City of Miami (the "City") before the OMNI CRA can issue the Series
2026 Bonds. In accordance therewith, the City Commission will consider approving issuance
of the Series 2026 Bonds at its regularly scheduled meeting commencing at 9:00 a.m. or
anytime thereafter, on Thursday, December 11, 2025, in the City Commission Chambers
located at Miami City Hall, 3500 Pan American Drive, Miami, Florida 33133. Upon approval by
the City Commission, the OMNI CRA will issue the Series 2026 Bonds shortly thereafter.
Interested parties may appear at the City Commission meeting and be heard with respect to
issuance of the Series 2026 Bonds.
The Series 2026 Bonds are being issued to finance various community redevelopment
projects within the Omni Community Redevelopment Area established by an Interlocal
Cooperation Agreement dated June 24, 1986, between the City, Miami -Dade County (the
"County"), and the OMNI CRA, in accordance with and in furtherance of the Omni
Redevelopment District Community Redevelopment Agency 2019 Update of Redevelopment
Plan (the "Plan"). The Series 2026 Bonds will be secured by a lien on and pledge of tax
increment revenues paid into the Omni Community Redevelopment Trust Fund established
by Ordinance No. 87-47, enacted by the Board of County Commissioners of Miami -Dade
County, Florida on July 7, 1987, Ordinance No. 9590, enacted by the City Commissioners of
the City of Miami, City Resolution No. 86-868 enacted on October 23, 1986, as amended, and
other applicable provisions of law, into which Tax Increment Revenues are deposited for
repayment of debt service on the Series 2026 Bonds and other authorized uses.
Pursuant to Florida Statute § 286.0105, anyone wishing to appeal any decision made by the
Board of the OMNI CRA with respect to any matter considered at such meeting will need a
record of the proceedings, and for such purpose, may need to ensure that a verbatim
record of the proceedings is made, which record includes the testimony and evidence upon
which the appeal is to be based.
Pursuant to Resolution No. CRA-R-25-0031, whenever a scheduled OMNI CRA meeting is
cancelled or is not held due to a lack of a quorum or other emergency, a special OMNI CRA
meeting will be automatically scheduled for Tuesday immediately following the cancelled
meeting. In the event of one of the aforementioned circumstances, the special meeting would
be held on December 16th, 2025, at 9:30 a.m., or anytime thereafter, in the City Commission
chambers located at Miami City Hall, 3500 Pan American Drive, Miami, Florida 33133. All of the
scheduled agenda items from that cancelled meeting shall automatically be scheduled as an
agenda item at the special OMNI CRA meeting. The Clerk of the Board shall notify the public of
the special meeting that is to take place by placing a notice of the special OMNI CRA meeting
at the entrance of City Hall, placing a notice on the OMNI CRA's website, and, if feasible,
placing an ad in a newspaper of general circulation before the special meeting on the
immediately following Tuesday. There shall be no additional notice by publication required for
any such scheduled agenda item that is moved to the special OMNI CRA meeting.
Inquiries regarding this notice may be addressed to Mr. Carlos Ignacio Suarez, Executive
Director, at 1401 N. Miami Ave., 2nd Floor, Miami Florida 33136, (305) 679-6868.
In accordance with the Americans with Disabilities Act of 1990, persons needing special
accommodations to participate in this proceeding may contact the Office of the City Clerk at
(305) 250-5361 (Voice), not later than two (2) business days prior to the proceeding. TTY users
may call 711 (Florida Relay Service), not later than two (2) business days prior to the
proceeding.
Ad No. 43865 Todd B. Hannon
Clerk of the Board