HomeMy WebLinkAboutOMNI CRA 2026-04-23 AgendaCity of Miami
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Omni
C R A
Meeting Agenda
Thursday, April 23, 2026
9:30 AM
(OR THEREAFTER)
City Hall
3500 Pan American Drive
Miami, FL 33133
OMNI Community Redevelopment Agency
Damian Pardo, Chair, District Two
Christine King, Vice Chair, District Five
Miguel Angel Gabela, Board Member, District One
Rolando Escalona, Board Member, District Three
Ralph "Rafael" Rosado, Board Member, District Four
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 Agenda April 23, 2026
CALL TO ORDER
APPROVING THE MINUTES OF THE FOLLOWING MEETING(S):
1. OMNI COMMUNITY REDEVELOPMENT AGENCY - REGULAR MEETING -
MAR 12, 2026 9:30 AM
OMNI CRA RESOLUTION(S)
1. OMNI CRA RESOLUTION
19172 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; AUTHORIZING THE ALLOCATION OF
GRANT FUNDS FROM THE CRA'S FISCAL YEAR 2025-2026 BUDGET IN
AN AMOUNT NOT TO EXCEED FOUR MILLION AND 00/100 DOLLARS
($4,000,000.00) TO ESTELLA LOCKETTE, AN INDIVIDUAL AND OWNER OF
THE PROPERTY LOCATED AT 157 NORTH WEST 17TH STREET, MIAMI,
FLORIDA, CONTINGENT UPON THE ISSUANCE OF THE CRA'S TAX
INCREMENT REVENUE BONDS, SERIES 2026, TO UNDERWRITE COSTS
ASSOCIATED WITH THE REDEVELOPMENT AND REHABILITATION OF
THE LOCKETTE HOUSE, A TEN (10) UNIT AFFORDABLE HOUSING
RESIDENTIAL AND COMMERCIAL MIXED -USE PROJECT ("PROJECT");
AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A
REIMBURSEMENT BASIS OR UPON THE PRESENTATION OF INVOICE
OR SATISFACTORY DOCUMENTATION; FURTHER AUTHORIZING THE
EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE A FORGIVABLE
LOAN AGREEMENT AND SUPPORTING DOCUMENTS, INCLUDING ANY
AND ALL OTHER DOCUMENTS NECESSARY FOR THE PURPOSE
STATED HEREIN, ALL IN FORMS ACCEPTABLE TO THE GENERAL
COUNSEL, ALL BEING SUBJECT TO THE RENTS BEING RESTRICTED
FOR 50 YEARS AS MORE PARTICULARLY DETAILED IN A RESTRICTIVE
COVENANT THAT IS TO BE RECORDED IN THE PUBLIC RECORDS OF
MIAMI-DADE COUNTY, FLORIDA; PROVIDING FOR THE INCORPORATION
OF RECITALS AND AN EFFECTIVE DATE.
OMNI Community Redevelopment Agency Page 2 Printed on 4/16/2026
OMNI Community Redevelopment Agency
Meeting Agenda April 23, 2026
2. OMNI CRA RESOLUTION
19197 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA"), WITH ATTACHMENT(S), AUTHORIZING AND APPROVING THE
SUBORDINATION OF THE CRA'S FORGIVABLE LOAN, AS AUTHORIZED
PURSUANT TO CRA RESOLUTION NO. CRA-R-24-0046 AND AMENDED
PURSUANT TO CRA RESOLUTION NO. CRA-R-26-0006 MADE TO KUSH
PROPERTY, LLC, A FLORIDA LIMITED LIABILITY COMPANY, FOR THE
MIXED -USE AFFORDABLE HOUSING DEVELOPMENT LOCATED AT 2003
NORTH MIAMI AVENUE, MIAMI FLORIDA, TO ADDITIONAL LENDER NRD-
1 PUBLIC BENEFITS TRUST FUND ("TRUST") OF THE WYNWOOD
BUSINESS IMPROVEMENT DISTRICT ("BID") IN AN AMOUNT NOT TO
EXCEED TWO MILLION EIGHT HUNDRED THOUSAND AND 00/100
DOLLARS ($2,800,000.00); AUTHORIZING THE EXECUTIVE DIRECTOR TO
NEGOTIATE AND EXECUTE AN AMENDMENT TO THE FORGIVABLE
LOAN AGREEMENT, A SUBORDINATION AGREEMENT, INCLUDING ANY
AND ALL OTHER DOCUMENTS, AMENDMENTS, EXTENSIONS
NECESSARY TO EFFECTUATE SAID SUBORDINATION, ALL IN FORMS
ACCEPTABLE TO THE GENERAL COUNSEL; PROVIDING FOR THE
INCORPORATION OF SAID RECITALS AND AN EFFECTIVE DATE.
OMNI CRA DISCUSSION ITEM(S)
1. OMNI CRA DISCUSSION
19145 PRESENTATION OF EXTERNAL AUDIT REPORT FOR FISCAL YEAR 2025.
ADJOURNED
OMNI Community Redevelopment Agency Page 3 Printed on 4/16/2026