HomeMy WebLinkAboutCRA-R-26-0003 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-26-0003
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 18808
Revision:
File Type: CRA Resolution Status: ADOPTED
Controlling Body: Southeast
Overtown/Park West CRA
File Name: Ratifying and Authorizing Additional Funding for the Introduced: 1/15/2026
SEOPW CRA Quadplex Affordable Homeownership
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 1/22/2026
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS ("BOARD") OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"), RATIFYING AND AUTHORIZING THE DISBURSEMENT OF
ADDITIONAL FUNDS TO THE SEOPW CRA QUADPLEX AFFORDABLE
HOMEOWNERSHIP DEVELOPMENT PROJECT ("PROJECT"), LOCATED AT 244
NORTHWEST 16TH STREET, MIAMI, FLORIDA 33136 ("PROPERTY"), IN AN
AMOUNT NOT TO EXCEED ONE MILLION ONE HUNDRED THOUSAND DOLLARS
AND ZERO CENTS ($1,100,000.00) ("FUNDS"), FORA TOTAL PROJECT COST OF
TWO MILLION SEVEN HUNDRED THOUSAND DOLLARS AND ZERO CENTS
($2,700,000.00) ("PURPOSE"); AUTHORIZING THE EXECUTIVE DIRECTOR TO
DISBURSE THE FUNDS AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR
DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND
SATISFACTORY DOCUMENTATION, SUBJECT TO THE AVAILABILITY OF FUNDING,
FROM ACCOUNT NO. 10050.920101.670000.0000.00000 — "CONSTRUCTION IN
PROGRESS"; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO
NEGOTIATE AND EXECUTE AN AGREEMENT, INCLUDING ANY AND ALL
DOCUMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL;
PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE.
Notes:
Links:
Attachments: File # 18808 - Backup_Quadplex additional funding (PDF)
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Miguel A Valentin
James McQueen
Vincent T. Brown
Southeast Overtown/Park
West CRA
Southeast Overtown/Park
West CRA
City Clerk's Office
1/15/2026
1/15/2026
1/15/2026
1/22/2026
1/22/2026
1/22/2026
Finance Review
Department Head Review
Approved to Form and Legal
Sufficiency
Meeting
ADOPTED
Rendered
Completed
Completed
Completed
Completed
Passed
Completed
City of Miami Page 1 of 1 Printed on: 1/29/2026