HomeMy WebLinkAbout19203 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number:
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 19203
Revision:
File Type: CRA Resolution Status: WITHDRAWN
Controlling Body: Southeast
Overtown/Park West CRA
File Name: 4/5th Vote: Grant to Sixth Street Miami Partners, Introduced: 4/16/2026
LLC
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 4/23/2026
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW
CRA"), WITH ATTACHMENT(S), BY A FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE,
AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND
CONFIRMING THE EXECUTIVE DIRECTOR'S RECOMMENDATION AND FINDING,
ATTACHED AND INCORPORATED HEREIN (EXHIBIT "A"), THAT COMPETITIVE
NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR
ADVANTAGEOUS, PURSUANT TO SECTION(S) 18-85 AND 18-86 OF THE CODE OF
THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE'), AS ADOPTED BY THE
SEOPW CRA, WAIVING SAID PROCEDURES, AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE A GRANT AGREEMENT, IN SUBSTANTIALLY THE
ATTACHED FORM (EXHIBIT "B"), AND AWARD A GRANT IN AN AMOUNT NOT TO
EXCEED THREE MILLION FIVE HUNDRED THOUSAND DOLLARS ($3,500,000.00)
("FUNDS") TO SIXTH STREET MIAMI PARTNERS LLC, A FOREIGN LIMITED
LIABILITY COMPANY AUTHORIZED TO CONDUCT BUSINESS IN THE STATE OF
FLORIDA ("GRANTEE"), WITH A PRINCIPAL ADDRESS AT 2200 BISCAYNE
BOULEVARD, MIAMI, FLORIDA 33137, FOR BUILD -OUT AND DEVELOPMENT
COSTS ASSOCIATED WITH THE "FREEDOM CENTER" AT GALE MIAMI HOTEL
(FOLIO NO. 01-0105-090-2160), GENERALLY LOCATED AT 159 NORTHEAST 6TH
STREET, MIAMI, FLORIDA 33132 ("PROPERTY") ("PURPOSE"); FURTHER
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.
10050.920101.883000.0000.00000 "OTHER GRANTS AND AIDS"; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY
AND ALL DOCUMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL,
INCLUDING, BUT NOT LIMITED TO, A RESTRICTIVE COVENANT TO BE RECORDED
IN THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, FOR SAID
PURPOSE, WHICH SHALL REMAIN IN FULL FORCE AND EFFECT UNTIL MARCH 31,
2042; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE
DATE.
Notes:
Links:
Attachments: File # 19203 - Exhibit A (PDF)
File # 19203 - Exhibit B (PDF)
File # 19203 - Notice to the Public (PDF)
City of Miami Page 1 of 2 Printed on: 5/15/2026
Southeast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number:
File # 19203 - Backup (PDF)
History of Legislative File:
819 NW 2"d Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
Revision: Acting Body:
Date:
Action:
Result:
City Clerk's Office
Miguel A Valentin
James McQueen
Vincent T. Brown
4/16/2026
4/16/2026
4/16/2026
Southeast Overtown/Park 4/23/2026
West CRA
Southeast Overtown/Park 4/23/2026
West CRA
Rendered
Finance Review
Department Head Review
Approved to Form and Legal
Sufficiency
Meeting
WITHDRAWN
Pending
Completed
Completed
Completed
Completed
Passed
City of Miami Page 2 of 2 Printed on: 5/15/2026