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Omni
GRA
OMNI
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-26-0029
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
http://miamicra.com
File Number: 19416
Revision:
File Type: OMNI CRA
Resolution
File Name: 16 Corner Property Owner, LLC - Release of
Acquisition Loan
Requesting Dept: OMNI Community Redevelopment Agency
Status: ADOPTED
Controlling Body: OMNI Community
Redevelopment Agency
Introduced: 6/3/2026
Final Action Date: 6/11/2026
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA")
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN
AGREEMENT WITH 16 CORNER PROPERTY OWNER, LLC, IN A FORM
ACCEPTABLE TO THE GENERAL COUNSEL, TO FORGIVE ALL REMAINING
INDEBTEDNESS AND OTHER SUMS DUE ON THE ACQUISITION CRA LOAN DATED
JULY 30, 2018, AND RELEASE ALL DOCUMENTS GIVEN AS COLLATERAL
SECURITY; THE COVENANT AND RENT REGULATORY AGREEMENT FOR THE
PROJECT SHALL REMAIN IN FULL FORCE AND EFFECT FOR THE DURATION OF
THE AFFORDABILITY PERIOD.
Notes:
Links:
Attachments: 19416 Backup (PDF)
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Jesly De Los Santos
Carlos I. Suarez
Xavier Alban
George K. Wysong III
OMNI Community
Redevelopment Agency
OMNI Community
Redevelopment Agency
City Clerk's Office
6/4/2026
6/4/2026
6/4/2026
6/4/2026
6/11/2026
6/11/2026
6/11/2026
Staff Review
Department Head Review
Deputy Attorney Review
Approved Form and
Correctness
Meeting
ADOPTED
Rendered
Completed
Completed
Completed
Completed
Completed
Passed
Completed
City of Miami Page 1 of 1 Printed on: 6/22/2026