The URL can be used to link to this page

Home My WebLink AboutCRA-R-26-0027 MemorandumSEOPW Board of Commissioners Meeting May 28, 2026 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: May 22, 2026 and Members of the CRA Board File: 19346 From: James McQueen Executive Director Subject: 4/5th Vote: Grant to Marcus Samuelsson Development Group, LLC Enclosures: File # 19346 - Exhibit A File # 19346 - Backup_Sunbiz Marcus Samuelsson Development Group, LLC File # 19346 - Backup_Request for Infrastructure Reimbursement Grant File # 19346 - Backup_Property Search File # 19346 - Backup_Clyde Killens Pool Hall Red Rooster Invoice Registry II File # 19346 - Backup_Clyde Killens Pool Hall Development Invoice Materials II File # 19346 - Notice To The Public BACKGROUND: A Resolution of the Board of Commissioners ("Board") of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW 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 herein as 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, and waiving said procedures, awarding a grant, in an amount not to exceed One Million Ninety -Two Thousand Six Hundred Dollars and Zero Cents ($1,092,600.00) ("Funds"), to Marcus Samuelsson Development Group, LLC, a Florida Limited Liability Company ("Grantee"), to offset project build -out costs for the adaptive re -use and redevelopment of the historic Clyde Killens Pool Hall, located at 920 Northwest 2nd Avenue, Miami, Florida 33136 (Folio no. 01-0102-060-1160) ("Purpose"). It is recommended that the Board of the SEOPW CRA approve and adopt the attached Resolution, authorizing the allocation of the Funds to the Grantee for the Purpose stated herein. JUSTIFICATION: Pursuant to Chapter 163, Florida Statutes, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is responsible for carrying out community redevelopment activities and projects within its redevelopment area ("Redevelopment Area") in accordance with the 2018 Updated Southeast Overtown/Park West Redevelopment Plan (the "Plan"). Section 163.340(9), Florida Statutes (the "Act"), community redevelopment means "undertakings, activities, or projects of a ... community redevelopment agency in a community redevelopment area for the elimination and prevention of the development or spread of slums and blight...." Section 2, Goal 1, of the Plan, lists the "preserv[ation of] historic buildings and community heritage," as a stated redevelopment goal. Lastly, Section 2, Principle 8, of the Plan, provides that " [o]lder buildings that embody the area's cultural past must be restored," as a stated redevelopment principle. FUNDING: $1,500,000.00 allocated from SEOPW "Other Grants and Aids" Account No. 10050.920101.883 000.0000.00000. FACT SHEET: Entity name: Marcus Samuelsson Development Group, LLC, a Florida Limited Liability Company. Address: 920 Northwest 2nd Avenue, Miami, Florida 33136 (Folio no. 01-0102-060-1160). Funding Request: $1,500,000.00. Scope of work or services (Summary): To reimburse certain project build -out costs for the rehabilitation of the historic Clyde Killens Pool Hall, now "Red Rooster Overtow Page 2 of 7 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: May 28, 2026 CRA Section: Brief description of CRA Agenda Item: AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $1,500,000.00 TO MARCUS SAMUELSSON DEVELOPMENT GROUP, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("GRANTEE"), TO OFFSET PROJECT BUILD -OUT COSTS FOR THE ADAPTIVE RE -USE AND REDEVELOPMENT OF THE HISTORIC CLYDE KILLENS POOL HALL, LOCATED AT 920 NORTHWEST 2ND AVENUE, MIAMI, FLORIDA. Project Number YES, there Account Code:10050.920101.883000.0000.00000 (if applicable): are sufficient funds in Line Item: Amount: $1 , 5 0 0, 0 0 0.0 0 NO (Complete the following source of funds information): Amount budgeted in the line item: $ Balance in the line item: $ Amount needed in the line item: $ Sufficient funds will be transferred from the following line items: ACTION ACCOUNT NUMBER TOTAL Project No./Index/Minot Object From $ To $ From $ To $ Comments: Page 3 of 7 Approved by: Approval: Executive Director 5/21/2026 Miguel A Valcntiri, Finance Officer 5/21/2026 Page 4 of 7 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: CRA-R-26-0027 File Number: 19346 Final Action Date:5/28/2026 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 (4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S RECOMMENDATION AND FINDING, ATTACHED AND INCORPORATED HEREIN AS 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, AND WAIVING SAID PROCEDURES, AWARDING A GRANT, IN AN AMOUNT NOT TO EXCEED ONE MILLION FIVE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($1,500,000.00) ("FUNDS"), TO MARCUS SAMUELSSON DEVELOPMENT GROUP, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("GRANTEE"), TO OFFSET PROJECT BUILD -OUT COSTS FOR THE ADAPTIVE RE -USE AND REDEVELOPMENT OF THE HISTORIC CLYDE KILLENS POOL HALL, LOCATED AT 920 NORTHWEST 2ND AVENUE, MIAMI, FLORIDA 33136 (FOLIO NO. 01-0102-060-1160) ("PURPOSE"); AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE 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 THE CORRESPONDING 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. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2018 Updated Southeast Overtown/Park West Community Redevelopment Plan ("Plan"); and WHEREAS, pursuant to Section 163.340(9), Florida Statutes, "community redevelopment means projects of a ... community redevelopment agency in a community redevelopment area for the elimination and prevention of the development or spread of slum and blight"; and Page 5 of 7 WHEREAS, Section 2, Goal 1, of the Plan, lists the "preserv[ation] of historic buildings and community heritage," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 8, of the Plan, provides that " [o]Ider buildings that embody the area's cultural past should be restored," as a stated redevelopment principle; and WHEREAS, Marcus Samuelsson Development Group, LLC, a Florida Limited Liability Company ("Grantee"), is the owner and operator of "Red Rooster Overtown," currently located at 920 Northwest 2nd Avenue, Miami, Florida 33136 (Folio no. 01-0102-060-1160) (the "Property"); and WHEREAS, on February 27, 2017, the Board of Commissioners, by Resolution No. CRA-R-17- 0005, authorized a grant to Grantee to assist with build -costs for the adaptive re -use and redevelopment of the Property; and WHEREAS, on June 27, 2019, the Board of Commissioners, by Resolution No. CRA-R-19-0025, authorized additional funding associated with the further development and buildout of the Property; and WHEREAS, Grantee requests additional financial assistance to underwrite unforeseen utility and infrastructure improvements, as well as substantial hard and soft costs incurred to support the operational needs at the Property, in an amount not to exceed One Million Five Hundred Thousand Dollars and Zero Cents ($1,500,000.00) ("Purpose"); and WHEREAS, the Board of Commissioners wishes to award grant funds, in an amount not to exceed One Million Five Hundred Thousand Dollars and Zero Cents ($1,500,000.00) ("Funds"), for the Purpose stated herein; and WHEREAS, a Restrictive Covenant shall be recorded on the Property, and any other land transferred in furtherance of the Project stated herein, which shall remain in full force and effect, and shall be binding upon the Property and owner, and its successors and assigns, until March 31, 2042 ("Term"); and WHEREAS, the Board of Commissioners finds that adopting this Resolution would further the redevelopment goals and objectives of the SEOPW CRA; and WHEREAS, based on the recommendation and findings of the Executive Director, attached and incorporated herein as Exhibit "A," it is in the SEOPW CRA's best interest for the Board of Commissioners to authorize, by an affirmative four -fifths (4/5ths) vote, a waiver of competitive sealed bidding procedures, 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, to allocate said Funds, subject to availability, and to authorize the Executive Director to negotiate and execute any and all agreements necessary, all in forms acceptable to Counsel, with Grantee for said Purpose. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. Pursuant to Section(s) 18-85 and 18-86 of the City Code, as adopted by the SEOPW CRA, by a four -fifths (4/5th) affirmative vote, after an advertised public hearing, the Executive Director's recommendation and written findings, attached and incorporated herein as Exhibit "A," that Page 6 of 7 competitive negotiation methods and procedures are not practicable or advantageous to the SEOPW CRA, and waiving the requirements for said procedures, are hereby ratified, approved, and confirmed. Section 3. The Executive Director is hereby authorized' to disburse the Funds, at his discretion, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation from Other Grants and Aids - Account No. 10050.920101.883000.0000.00000, subject to funding availability, for the Purpose stated herein. Section 4. The Executive Director is hereby further authorized2 to negotiate and execute any additional agreements, including 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 the County, for said Purpose, which shall remain in full force and effect and shall be binding upon the Property and owner, and its successors and assigns, until March 31, 2042. Section 5. The Executive Director is authorized' to negotiate and execute an agreement, including any and all necessary documents, all in forms acceptable to Counsel, for said Purpose. Section 6. Sections of this Resolution may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the Executive Director, or the Executive Director's designee, without need for public hearing, by filing a corrected copy of same with the City of Miami City Clerk. Section 7. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: yirita4,41rjawaTetaffeounsel 5/21/2026 ' The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable State law, City Charter and City Code provisions, as adopted by the SEOPW CRA. 2 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable State law, City Charter and City Code provisions, as adopted by the SEOPW CRA. Page 7 of 7