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Home My WebLink AboutSEOPW CRA 2026-06-25 Agenda PacketCity of Miami 819 NW 2nd Ave 3rd Floor Miami, FL 33136 www.seopwcra.com Meeting Agenda Thursday, June 25, 2026 10:00 AM City Hall 3500 Pan American Drive Miami, FL 33133 SEOPW Community Redevelopment Agency Christine King, Chair, District Five Damian Pardo, Vice Chair, District Two Miguel Gabela, Board Member, District One Rolando Escalona, Board Member, District Three Ralph "Rafael" Rosado, Board Member, District Four ************************* SEOPW CRA OFFICE ADDRESS: 819 NW 2ND AVENUE, 3RD FLOOR MIAMI, FL 33136 Phone: (305) 679-6800 www.seopwcra.com Southeast Overtown/Park West CRA Meeting Agenda June 25, 2026 CALL TO ORDER CRA PUBLIC COMMENTS MINUTES APPROVAL CRA RESOLUTION 1. CRA RESOLUTION 19483 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), AUTHORIZING THE EXECUTIVE DIRECTOR TO ALLOCATE FUNDS OF AN AMOUNT NOT TO EXCEED THREE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($300,000.00) ("FUNDS") FOR THE PUBLIC ART ACTIVATION AND BEAUTIFICATION GRANT PROGRAM ("PROGRAM") FOR FISCAL YEAR ("FY") 2026-2027 ("PURPOSE"); FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, WITHOUT THE NEED FOR FURTHER APPROVAL AND AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION, SUBJECT TO FUNDING AVAILABILITY, FROM ACCOUNT NO. 10051.920101.883000.0000.00000 - OTHER GRANT AIDS / NON-TIF REVENUE FUND; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO ADMINISTER THE PROGRAM AND TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY, INCLUDING ANY AND ALL AMENDMENTS THERETO, ALL IN FORMS ACCEPTABLE TO GENERAL COUNSEL; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. File # - 19483 - Backup City of Miami Page 2 Printed on 6/18/2026 Southeast Overtown/Park West CRA Meeting Agenda June 25, 2026 2. CRA RESOLUTION 19484 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), RESCINDING RESOLUTION NO. CRA-R-23- 0062 ADOPTED ON DECEMBER 14, 2023, IN ITS ENTIRETY ("PURPOSE"); DIRECTING THE EXECUTIVE DIRECTOR AND STAFF OF THE SEOPW CRA TO TAKE ANY AND ALL ACTIONS NECESSARY TO TERMINATE THE REVOCABLE LICENSE AGREEMENT, IF ANY, BETWEEN THE SEOPW CRA AND DUNNS-JOSEPHINE, INC., AND CEASE ANY FURTHER NEGOTIATIONS; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. File # - 19484 - Backup City of Miami Page 3 Printed on 6/18/2026 Southeast Overtown/Park West CRA Meeting Agenda June 25, 2026 3. CRA RESOLUTION 19486 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), WITH ATTACHMENT(S), RESCINDING RESOLUTION NO. CRA-R-25-0005, ADOPTED ON JANUARY 23, 2025, IN ITS ENTIRETY AND ENACTING THIS NEW RESOLUTION, BY A FOUR - FIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S RECOMMENDATION AND FINDING (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 TWO HUNDRED FIFTY THOUSAND DOLLARS AND ZERO CENTS ($250,000.00) ("FUNDS"), TO THE BLACK ARCHIVES, HISTORY AND RESEARCH FOUNDATION OF SOUTH FLORIDA, INC. ("GRANTEE"), TO UNDERWRITE COSTS FOR THE MANDATORY 40/50- YEAR BUILDING RECERTIFICATION AND REMEDIATION OF THREE (3) SIGNIFICANT HISTORIC LANDMARKS: THE HISTORIC LYRIC THEATER (819 NORTHWEST 2ND AVENUE, MIAMI, FLORIDA 33136; FOLIO NO. 01- 3137-038-0010); DR. SAMUEL H. JOHNSON X-RAY CLINIC (171 NORTHWEST 11TH STREET, MIAMI, FLORIDA 33136; FOLIO NO. 01-3137- 031-0160); AND THE HISTORIC DORSEY HOUSE (250 NORTHWEST 9TH STREET, MIAMI, FLORIDA 33136; FOLIO NO. 01-0103-050-1070) (THE "PROPERTIES") ("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 ACCOUNT NO. 10050.920101.883000.0000.00000 "OTHER GRANT AIDS / TIF REVENUE FUND"; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AGREEMENT, INCLUDING ANY AND ALL DOCUMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR THE PURPOSE STATED HEREIN; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. File # 19486 - Exhibit A File # - 19486 - Backup File # 19486 - Notice To The Public City of Miami Page 4 Printed on 6/18/2026 Southeast Overtown/Park West CRA Meeting Agenda June 25, 2026 4. CRA RESOLUTION 19487 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 (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 A FORM ACCEPTABLE TO GENERAL COUNSEL, 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. File # 19487 - Exhibit A File # 19487 - Backup File # 19487 - Notice To The Public City of Miami Page 5 Printed on 6/18/2026 Southeast Overtown/Park West CRA Meeting Agenda June 25, 2026 5. CRA RESOLUTION 19489 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 TWO HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($200,000.00), TO CHASE AND CHANCE, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("GRANTEE"), TO UNDERWRITE COSTS FOR THE CONSTRUCTION BUILDOUT OF THE CHASE AND CHANCE SENSORY GYM AND RESOURCE CENTER ("PROJECT"), TO BE LOCATED AT 1490 NORTHWEST 3RD AVENUE, SUITE 110, MIAMI, FLORIDA 33136 (FOLIO NO. 01-3136-064-0010) ("PROPERTY"); AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A REVOCABLE LICENSE AGREEMENT ("AGREEMENT"), IN A FORM ACCEPTABLE TO GENERAL COUNSEL, FOR GRANTEE'S USE OF THE PROPERTY FOR A TOTAL AMOUNT OF FIVE HUNDRED DOLLARS AND ZERO CENTS ($500.00) PER MONTH FOR A TERM OF ONE (1) YEAR ("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 ACCOUNT NO(S). 10050.920101.883000.0000.00000 AND 10051.920101.883000.0000.00000; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY, INCLUDING ANY AND ALL AMENDMENTS THERETO, ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR SAID PURPOSE; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. File # 19489 - Exhibit A File # 19489 - Backup File # 19489 - Notice To The Public ADJOURNMENT City of Miami Page 6 Printed on 6/18/2026 4.1 SEOPW Board of Commissioners Meeting June 25, 2026 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: June 18, 2026 and Members of the CRA Board File: 19483 From: James McQueen Executive Director Subject: Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal Yea Enclosures: File # - 19483 - Backup BACKGROUND: A Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA"), authorizing the Executive Director to allocate funds of an amount not to exceed Three Hundred Thousand Dollars and Zero Cents ($300,000.00) ("Funds") for the Public Art Activation and Beautification Grant Program ("Program") for Fiscal Year ("FY") 2026-2027 ("Purpose"). The Executive Director desires to allocate funds for the Public Art Activation and Beautification Grant Program ("Program") for FY 2026-2027 to enhance visual attractiveness in the SEOPW CRA area by providing opportunities to Program applicants in an effort to preserve the rich history of the Redevelopment Area and connect the community It is recommended that the Board of the SEOPW CRA approve and adopt the attached Resolution, authorizing the SEOPW CRA to allocate the Funds for the Purpose stated herein. JUSTIFICATION: Pursuant to 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 163.370, Florida Statutes, provides for repairs, installations and improvements in the undertaking or carrying out of community redevelopment and related activities. Section 2, Goal 6, of the 2018 Southeast Overtown/Park West Community Redevelopment Agency Plan Update (the "Plan"), lists "improving the quality of life for residents," as a stated redevelopment goal. Packet Pg. 7 4.1 Section 2, Principle 4, of the Plan, states, "there must be variety in employment opportunities," as a stated redevelopment principle. Lastly, Section 2, Principle 6, of the Plan, lists "address[ing] and improv[ing] the neighborhood economy, and expand[ing] the economic opportunities ... this entails both the support and enhancement of existing businesses and local entrepreneurs," as a stated redevelopment principle. Page 2 of 8 Packet Pg. 8 4.1 FUNDING: $300,000.00 from Account No. 10051.920101.883000.0000.00000 - Other Grant Aids / Non-TIF Revenue Fund. FACT SHEET: Funding request: $300,000.00 Scope of work or services (Summary): To establish the Public Art Activation and Beautification Grant Program and provide grants to qualified applicants for FY 2026-27. Page 3 of 8 Packet Pg. 9 4.1 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: June 25, 2026 CRA Section: Brief description of CRA Agenda Item: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), AUTHORIZING THE EXECUTIVE DIRECTOR TO ALLOCATE FUNDS OF AN AMOUNT NOT TO EXCEED THREE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($300,000.00) ("FUNDS") FOR THE PUBLIC ART ACTIVATION AND BEAUTIFICATION GRANT PROGRAM ("PROGRAM") FOR FISCAL YEAR ("FY") 2026-2027. Project Number YES, there Account Code: (if applicable): are sufficient funds in Line Item: 10051.920101.883000.0000.00000 Amount: $ 30 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 4 of 8 Packet Pg. 10 4.1 Approved by: Approval: Executive Director 6/18/2026 Miguel A Valcntirr, Finance Officer 6/18/2026 Page 5 of 8 Packet Pg. 11 4.1 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: File Number: 19483 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), AUTHORIZING THE EXECUTIVE DIRECTOR TO ALLOCATE FUNDS OF AN AMOUNT NOT TO EXCEED THREE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($300,000.00) ("FUNDS") FOR THE PUBLIC ART ACTIVATION AND BEAUTIFICATION GRANT PROGRAM ("PROGRAM") FOR FISCAL YEAR ("FY") 2026-2027 ("PURPOSE"); FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, WITHOUT THE NEED FOR FURTHER APPROVAL AND AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION, SUBJECT TO FUNDING AVAILABILITY, FROM ACCOUNT NO. 10051.920101.883000.0000.00000 - OTHER GRANT AIDS / NON-TIF REVENUE FUND; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO ADMINISTER THE PROGRAM AND TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY, INCLUDING ANY AND ALL AMENDMENTS THERETO, ALL IN FORMS ACCEPTABLE TO GENERAL COUNSEL; 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 WHEREAS, Section 163.370, Florida Statutes, provides for repairs, installations and improvements in the undertaking or carrying out of community redevelopment and related activities; and WHEREAS, Section 2, Goal 6, of the Plan, lists "improving the quality of life for residents," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 4, of the Plan, states, "there must be variety in employment opportunities," as a stated redevelopment principle; and WHEREAS, Section 2, Principle 6, of the Plan, lists "address[ing] and improv[ing] the neighborhood economy, and expand[ing] the economic opportunities ... this entails both the support and enhancement of existing businesses and local entrepreneurs," as a stated redevelopment principle; and Page 6 of 8 Packet Pg. 12 4.1 WHEREAS, the Executive Director requests authority to allocate funds in an amount not to exceed Three Hundred Thousand Dollars and Zero Cents ($300,000.00) ("Funds") for the SEOPW CRA's 2026-2027 Public Art Activation and Beautification Grant Program ("Program"), which is intended to enhance visual attractiveness and provide opportunities to applicants in an effort to preserve the rich history of the SEOPW CRA Redevelopment Area, ultimately connecting the community ("Purpose"); and WHEREAS, the Board of Commissioners has previously allocated funds toward similar initiatives to rehabilitate facades, small business improvements, and improvements to the quality of life within the SEOPW CRA Redevelopment Area; and WHEREAS, the funds allocated for the Program shall be derived from Non —Tax Increment Financing ("Non-TIF") funding sources, meaning funds that are not generated from the incremental increase in property tax revenues within the SEOPW CRA Redevelopment Area, and are therefore not subject to the statutory restrictions applicable to Tax Increment Financing funds; and WHEREAS, Program applicants will submit a complete application, available upon request, in order to request funding; and WHEREAS, the Funds are available from Account No. 10051.920101.883000.0000.00000 - Other Grant Aids / Non-TIF Revenue Fund; and WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to allocate the Funds for the Program to eligible applicants as a grant, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation, subject to the availability of funding, without the need for further approval and within his discretion; and WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the SEOPW CRA redevelopment goals and objectives. 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. The 2026-2027 Public Art Activation and Beautification Grant Program is hereby established with funds in an amount not to exceed Three Hundred Thousand Dollars and Zero Cents ($300,000.00) ("Funds") from Account No. 10051.920101.883000.0000.00000 - Other Grant Aids / Non- TIF Revenue Fund. Section 3. The Executive Director is hereby authorized' to disburse the Funds, without the need for further approval and at his discretion, as a grant on a reimbursement basis or directly to vendors upon presentation of invoices and satisfactory documentation to eligible applicants, subject to funding availability, for the Purpose stated herein. ' 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 8 Packet Pg. 13 4.1 Section 4. The Executive Director is hereby further authorized' to administer the Program and to negotiate and execute any and all agreements, and documents necessary, all in forms acceptable to General Counsel, for said Purpose. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Wei B ounsel 6/18/2026 Page 8 of 8 Packet Pg. 14 4.1.a SEOPW CRA Public Art Activation and Beautification Grant Program Fiscal Year 2026 — 2027 PROGRAM OVERVIEW The Southeast Overtown/Park West Community Redevelopment Agency's (SEOPW CRA) Public Art Activation and Beautification Grant Program supports the design, fabrication, and installation of culturally significant public art and place -based improvements within the SEOPW CRA boundaries. This program is intended to strengthen the Cultural and Entertainment District through permanent or semi- permanent artistic interventions that enhance the area's visual identity, celebrate its rich history, and reflect the community's character. The program intends to foster the cultural ecosystem of Historic Overtown and the surrounding redevelopment area. Funded projects should result in tangible public art assets that enhance the public realm, support neighborhood revitalization, and align with the SEOPW CRA's broader redevelopment goals. While community engagement and educational components are encouraged, they must be directly tied to the creation of a lasting public art installation and/or culturally significant public art interventions. Through strategic investment in public art, the program promotes creative placemaking, enhanced aesthetics, and increased walkability, reinforcing SEOPW CRA's commitment to creating accessible, culturally meaningful public spaces. Attachment: File # -19483 - Backup (19483 : Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal Packet Pg. 15 4.1.a SEOPW CRA Public Art Activation and Beautification Grant Program FY 26-27 GOVERNMENT ENTITY DISCLAIMER NON-TIF (TAX INCREMENT FINANCING) FUNDING SUPPORTS THIS PROGRAM, ENSURING COMMUNITY INVESTMENT WHILE PRESERVING TIF REVENUES FOR MAJOR REDEVELOPMENT PROJECTS. This program does not utilize Tax Increment Financing (TIF) funds. Non-TIF funding refers to financial resources that are not derived from the incremental increase in property tax revenues generated within a designated redevelopment (TIF/CRA) district, and therefore are not subject to the restrictions associated with TIF funding. All funding allocated to this Program is sourced from non-TIF funding streams, meaning it is independent of redevelopment trust funds and is not tied to property tax increments within the Community Redevelopment Area. ELIGIBILITY Location*: Activations and/or projects must occur within the SEOPW CRA boundaries, with priority given to publicly owned spaces such as parks or roads. Public Access: The public must have direct access to the activation. Grant Term/Timing: Initiatives must occur between September 1, 2026, and February 28, 2027. Restrictions: Activations cannot promote tobacco, illegal drugs, gambling, or sexually oriented content. No Multiple Applications: Applicants cannot apply more than once per grant term. Note: Alcohol, political activities, and staff salaries are not eligible. The activation shall not involve or allow discrimination based on race, color, gender, age, religion, national origin, marital status, disability, gender identity, or sexual orientation. Funding is not intended for standalone events, festivals, or programming without a direct and measurable public art installation outcome. *SEOPW CRA Boundary Map is located on page 8. NON-TIF (Tax Increment Financing) funding is used to support this prograrr Attachment: File # -19483 - Backup (19483 : Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal 2 Packet Pg. 16 4.1.a SEOPW CRA Public Art Activation and Beautification Grant Program FY 26-27 ACTIVATION CRITERIA: The SEOPW CRA will implement a multi -tiered public art strategy that includes activation programming, creative placemaking initiatives, and permanent public art investments tied to capital and development projects. Exceptions may be considered at the discretion of the Executive Director. All activations must occur within the SEOPW CRA boundaries*, including private venues with public access. Definitions: Activation: For the purposes of this program, an "activation" is defined as a public -facing artistic intervention that results in the creation, installation, or enhancement of a tangible public art asset within the SEOPW CRA boundaries. For the purposes of this program, all activations must result in a tangible public art installation or place -based improvement. Art: For purposes of this program, "art" is defined as tangible artistic works that can be physically displayed and viewed, such as paintings, murals, sculptures, photography, and mixed -media pieces. Performance and service -based art forms, while equally valuable, are outside the scope of this initiative. An eligible activation should: • Incorporate a strong educational or historical component tied to the culture Overtown; • Highlight the SEOPW CRA's redevelopment efforts, milestones, or strategic goals the SEOPW CRA Cultural and Entertainment District); and • Enhance placemaking and improve public spaces within the redevelopment area. and legacy of (Integration of Matching Grant Structure: • This program operates under a maximum of 50% reimbursement model. • All applicants must demonstrate the capacity to cover at least 50% of the eligible project costs. Grant disbursement occurs post -activation upon: 1. Submission and approval of a Post -Activation Evaluation Report 2. Verification of expenditures and activities 3. Execution of Grant Agreement NON-TIF (Tax Increment Financing) funding is used to support this prograrr Attachment: File # -19483 - Backup (19483 : Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal 3 Packet Pg. 17 4.1.a SEOPW CRA Public Art Activation and Beautification Grant Program FY 26-27 GRANT TIERS & FUNDING STRUCTURE TIER 1 — SMALL-SCALE ACTIVATIONS/PROJECTS: MAXIMUM AWARD UP TO $5,000 Reimbursement: Up to 50% matching grant Eligible Activities: • Educational, historical, or cultural exhibitions that result in a physical public -facing installation or interpretive display • Design and fabrication of small-scale public artworks (e.g., murals, sculptures) • Temporary or semi -permanent installations in publicly accessible spaces • Creative placemaking elements integrated into the built environment (e.g., painted infrastructure, artistic streetscape enhancements) • Community engagement activities directly tied to the design or creation of public art (not standalone programming) • Integration of technology into public art, such as QR codes, mobile -friendly content, or audio features that provide historical, cultural, or artistic context • Digital storytelling components embedded within installations (e.g., artist narratives, redevelopment history, or community stories accessible via smartphones) TIER 2 — MID -SCALE ACTIVATIONS/PROJECTS: MAXIMUM AWARD UP TO $15,000 Reimbursement: Up to 50% matching grant Eligible Activities: • Production and installation of mid -sized public artworks or installations • Artist -led collaborative projects resulting in a permanent or semi -permanent public art asset • Series of coordinated public artworks across multiple sites • Heritage -based or interpretive artworks reflecting neighborhood identity and history • Interactive public art incorporating technology (e.g., augmented reality, projection, or digital storytelling platforms tied to physical installations) TIER 3 — LARGE-SCALE ACTIVATIONS/PROJECTS: MAXIMUM AWARD UP TO $24,500 Reimbursement: Up to 50% matching grant Eligible Activities: • Culturally significant, art -centered public showcases anchored by permanent or semi -permanent installations • Commissioning and installation of large-scale, landmark -quality public artworks • Permanent or long-term installations in key corridors, civic spaces, or redevelopment areas • Multi -site public art initiatives with a unified design concept • Large-scale interactive or technology -enhanced public art installations (e.g., immersive lighting, digital media, projection mapping, or responsive environments) • Projects incorporating durable materials and long-term public visibility *SEOPW CRA Boundary Map is located on page 8. NON-TIF (Tax Increment Financing) funding is used to support this prograrr Attachment: File # -19483 - Backup (19483 : Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal 4 Packet Pg. 18 SEOPW CRA Public Art Activation and Beautification Grant Program FY 26-27 4.1.a ELIGIBLE EXPENSES: (Each expense requires pre -approval by the assigned project manager*) • Project -related logistics directly supporting the fabrication and installation of public art (e.g., equipment rentals, site preparation, installation support) • Artist fees • Historical or educational materials and displays • Permit fees and city service costs related to the activation *Cash transactions are not eligible for reimbursement Design & Planning ❑ Artist design fees (concept development, renderings, design revisions) ❑ Architectural, engineering, or fabrication drawings that are required for installation ❑ Site analysis and project planning that are directly tied to the artwork ❑ Permitting, licensing, and required approvals for public art installation Fabrication & Materials ❑ Materials for creation of public art (e.g., paint, metal, wood, lighting elements, mixed media) ❑ Fabrication costs, including studio production and specialized manufacturing ❑ Equipment and tools necessary for fabrication (rental or purchase if project -specific) ❑ Structural supports, bases, mounting systems, or protective coatings Installation & Construction ❑ Site preparation (surface treatment, cleaning, priming, minor construction) ❑ Installation labor (contractors, fabricators, installers) ❑ Equipment rentals for installation (e.g., lifts, scaffolding, cranes) ❑ Transportation and delivery of artwork and materials ❑ Utility connections (e.g., electrical for light -based installations) Place -Based Improvements ❑ Streetscape enhancements integrated with the artwork (e.g., planters, seating, lighting tied to the installation) ❑ Wayfinding or interpretive signage connected to the public art piece ❑ Protective elements (e.g., barriers, anti -graffiti coatings, enclosures Educational & Interpretive Components ❑ Educational materials explaining the artwork's cultural or historical significance ❑ Public -facing signage, plaques, or QR-based digital content ❑ Programming that supports understanding of the installed artwork (must be tied to the physical piece) NON-TIF (Tax Increment Financing) funding is used to support this prograrr Attachment: File # -19483 - Backup (19483 : Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal 5 Packet Pg. 19 4.1.a SEOPW CRA Public Art Activation and Beautification Grant Program FY 26-27 INELIGIBLE EXPENSES: X General operating expenses or overhead unrelated to the project X Ongoing maintenance beyond the initial installation and activation X Food, beverage, or entertainment costs X Marketing services, including but not limited to photography, videography, or promotion X Any other expenses deemed unacceptable by SEOPW CRA POST -ACTIVATION REPORTING REQUIREMENTS All grantees must submit a Post -Activation Evaluation Report within 45 days of the activation or the project's conclusion. This report must include: ❑ Summary of activation goals and outcomes; ❑ Documentation of community impact and educational/historical relevance; ❑ Financial reconciliation, including all invoices, receipts, and proof of payment (No cash payments will be eligible for reimbursement.); ❑ At least five (5) photos documenting the activation; and ❑ Public engagement and accessibility metrics (e.g., site usage, interaction with installation, digital engagement if applicable). Failure to submit the required report will result in forfeiture of grant funds. NON-TIF (Tax Increment Financing) funding is used to support this prograrr Attachment: File # -19483 - Backup (19483 : Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal 6 Packet Pg. 20 4.1.a SEOPW CRA Public Art Activation and Beautification Grant Program FY 26-27 APPLICATION & APPROVAL PROCESS Applications will be reviewed for: ❑ Cultural significance and alignment with SEOPW CRA goals ❑ Impact and sustainability of public art and/or activation ❑ Public accessibility ❑ The applicant's capacity to successfully execute the project ❑ Financial readiness to meet the 50% match ❑ Clear incorporation of education, heritage, and/or redevelopment awareness Grants are subject to funding availability. Priority will be given to applicants who: • Leverage other funding or sponsorship sources • Collaborate with local schools, historians, or legacy institutions • Amplify underrepresented voices in the community • Highlight local heritage For more information or to apply, please contact: E-Mail: era@miamigov.com Phone: (305) 679-6812 Website: www.seopwcra.com NON-TIF (Tax Increment Financing) funding is used to support this prograrr Attachment: File # -19483 - Backup (19483 : Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal 7 Packet Pg. 21 4.1.a SEOPW CRA Public Art Activation and Beautification Grant Program FY 26-27 SEOPW CRA BOUNDARY MAP NW 23RD ST NW 22ND ST NW 21ST TER NW 21ST ST NW 20TH ST NW 19TH ST k 3 NW 15TH 57 QF 6 NW 23RD ST a NW 22ND ST i NW 21ST TER a i NW 19TH TER NW 19TH ST 1395 EXPY SR 836 EXPY \ FS O a �99 9 9 yA ?i,4 NW 13TH 3 S z U \ F Z V sty 2 NW 10TH ST NW 23RD ST NW 22ND LN NW 22ND TER NW 22ND ST U NW 19TH LN NW 19TH TE N W 19TH ST NW 17TH ST Q i NW 15TH ST 4 sT NW 9TH ST n s�9 = NW 8TH ST NW 7TH ST NW 6TH ST NW 5TH ST NW 3RI ST NW 2ND ST NW 1ST 1ST NW 4TH ST Created by the City 01 Miami Planning Depadment DIREQUESTS/SEOPW CRA/SEOPW.mxd 4-28- 2009 SW 1ST ST 195 ON RAMP NW 24TH ST NW 23RD ST NW 22ND ST NW 21ST ST NW 21ST ST NW 20TH TER 5 i JIE 24TH ST NE 24TH ST ❑ ❑ NE 23RD ST NE 23RD ST N i NJ 22ND ST NE 22ND ST NE 21ST ST = E20TH TER ar',--NE 20TH-ST U N 3 Z NW 19TH ST U Q O N ry 2 f Z Z A NW 16TH TER NW 16TH ST NW 15TH ST NW 14TH TER NW 14TH ST -, NW 13TH ST NW 12TH ST S NE 19TH TER NE 19TH ST NE 17TH TER NW 17TH ST NW 17TH ST NE 17TH ST NW 16TH ST U 0, NW 15TH ST 0, NE 16TH ST U u 0, 5 a a i i z U i NW 11TH TER NW 11TH ST ss OZ 9 U ❑ N f 2 a Z NW 9TH ST y 3 U G 3 z NW 12TH ST NE MIAMI CT NE 13TH TER NE 11TH TER NE 2pTN ST U m NE 24TH ST NE 18TH ST NE 17TH TER NE 17TH ST x z Q NE 23RD TER NE 23RD ST NE 22ND TER 0 m Z NE 16TH ST NE 15TH TER NE 15TH ST - NE 14TH TER NE 14TH ST NE 14TH ST NE 13TH TER NE 13THST Y4N� NE 12TH ST ot".00'u NE 11TH TER - ZA NE1/TH TER ( NE 10TH TER NE 11TH ST NE 10TH ST 0, g NE 9TH ST V7, NE 9TH ST tt6 s°9 NE 8TH ST U Q O ry NW 7TH ST NE 7TH ST a z ❑ ? N 2 NE 6TH ST z Ac c 9< x u 2 'a yam! 172 NE 5TH ST , _4 p z 3 NW 4TH ST NW 4TH ST NW 3RD ST NW 3RD CT NW 2ND ST NW 2ND ST m 'a 0 rNW 1ST ST t/ "i;e z 0, z"----- W FLAGLER ST 195 ON RAMP N NE 3RD ST NE 4TH ST E FLAGLER 5T SE-t - ST E2ND ST 01 $ a v NE 1ST ST ¢ Z 01 w m z z a 0 O 2 J ❑ m 6 Q 2 = tN m PORT BLVD z 2= a NON-TIF (Tax Increment Financing) funding is used to support this prograrr Attachment: File # -19483 - Backup (19483 : Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal 8 Packet Pg. 22 SEOPW CRA Public Art Activation and Beautification Grant Program FY 26-27 4.1.a References/Resources City of Gainesville. (2024, February 15). Gainesville updates grant program to support larger downtown events. Retrieved from https://www.gainesvillefl.gov/News-articles/Gainesville-updates-grant-program- to-support-larger-downtown-events. City of Gainesville. (2024). Community Event Program Grant Guidelines and Criteria [PDF]. Retrieved from https://pub-cityofgainesville.escribemeetings.com/filestream.ashx?Documentld=88826. City of Gainesville. (2024). Community Event Program Budget Worksheet [PDF]. Retrieved from https://pub-cityofgainesville.escribemeetings.com/filestream.ashx?Documentld=88824. City of Miami. (n.d.). Art in Public Places (AIPP). nttps://www.miami.gov/My- Government/Departments/Planning/Art-In-Public-Places-AIPP-Main-Page. Miami -Dade County Department of Cultural Affairs. (n.d.). Art in Public Places. https://miamioaaepuoiicart.org/appinome.page. Miami Downtown Development Authority. (n.d.). Downtown Creative Collaborator Grants 2025-2026. View grant page. National Endowment for the Arts. (n.d.). Public art resources. https://www.arts.gov/grants/public-art- [arts.gov]. National Endowment for the Arts. (n.d.). Our Town. nttps://www.arts.gov/grants/our-town. New England Foundation for the Arts. (n.d.). Public art grant programs. https://www.nefa.org/grants/grant- programs/public-art. Southeast Overtown/Park West Community Redevelopment Agency. (n.d.). Culture and Entertainment District Plan — Updated [PDF]. Retrieved from http://miamicra.com/seopwcra/docs/11004/FINAL Culture and Entertainment Disctrict Updated.pdf. NON-TIF (Tax Increment Financing) funding is used to support this program Attachment: File # -19483 - Backup (19483 : Authorize Allocation of Funds for Public Art Activation and Beautification Grant Program, Fiscal 9 Packet Pg. 23 4.2 SEOPW Board of Commissioners Meeting June 25, 2026 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: June 18, 2026 and Members of the CRA Board File: 19484 From: James McQueen Executive Director Subject: Rescind Resolution No. CRA-R-23- 0062 (Revocable License Agreement w/ Dunns-Josephine, Inc.). Enclosures: File # - 19484 - Backup BACKGROUND: A Resolution of the Board of Commissioners ("Board") of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA"), rescinding Resolution No. CRA-R-23-0062 adopted on December 14, 2023, in its entirety ("Purpose"). Through Resolution CRA-R-23-0062, adopted on December 14, 2023, the Board of Commissioners authorized the Executive Director to negotiate and execute a Revocable License Agreement with Dunns- Josephine, Inc., for the temporary use of SEOPW CRA-owned properties, located at 316 Northwest 11 th Street and 324 Northwest 11th Street, Miami, Florida 33136 (the "CRA Lots"). The SEOPW CRA would like to move into a new direction regarding the use of the CRA Lots and rescind the previous resolution, in its entirety, thereby terminating all negotiations and any agreement(s), if any, with Dunns-Josephine. It is recommended that the Board of the SEOPW CRA approve and adopt the attached Resolution for the Purpose stated herein. JUSTIFICATION: n/a. FUNDING: No funding is requested. FACT SHEET: Funding request: n/a. Packet Pg. 24 4.2 Scope of work or services (Summary): Rescinding Resolution No. CRA-R-23-0062 and terminating all negotiations and any agreement(s), if any, with Dunns-Josephine, Inc. for its temporary use of the CRA lots. Page 2 of 5 Packet Pg. 25 4.2 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: June 25, 2026 CRA Section: Approved by: Executive Director 6/18/2026 Approval: Miguel A Valcntlr , iriarce Officer 6/18/2026 Page 3 of 5 Packet Pg. 26 4.2 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: File Number: 19484 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), RESCINDING RESOLUTION NO. CRA-R-23-0062 ADOPTED ON DECEMBER 14, 2023, IN ITS ENTIRETY ("PURPOSE"); DIRECTING THE EXECUTIVE DIRECTOR AND STAFF OF THE SEOPW CRA TO TAKE ANY AND ALL ACTIONS NECESSARY TO TERMINATE THE REVOCABLE LICENSE AGREEMENT, IF ANY, BETWEEN THE SEOPW CRA AND DUNNS-JOSEPHINE, INC., AND CEASE ANY FURTHER NEGOTIATIONS; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. WHEREAS, Dunns-Josephine, Inc., a Florida For -Profit Corporation ("Dunns-Josephine"), submitted a request for the temporary use of a portion of SEOPW CRA property, located at 316 Northwest 11t1i Street and 324 Northwest 11th Street, Miami, Florida 33136 (the "CRA Lots"); and WHEREAS, through Resolution CRA-R-23-0062, adopted on December 14, 2023, the Board of Commissioners authorized the Executive Director to negotiate and execute a Revocable License Agreement, subject to review and approval by the General Counsel and Director of Risk Management, without further approval of the Board of Commissioners for the purpose stated above; and WHEREAS, the SEOPW CRA would like to move into a new direction regarding the use of the CRA Lots and rescind the previous resolution, in its entirety, thereby terminating all negotiations and any agreement(s), if any, with Dunns-Josephine ("Purpose"); and WHEREAS, the Board of Commissioners finds that adopting this Resolution would further the redevelopment goals and objectives of the SEOPW CRA. 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. Resolution No. CRA-R-23-0062, adopted on December 14, 2023, is hereby rescinded in its entirety. Section 3. The Executive Director and SEOPW CRA staff is hereby authorized to take any and all actions necessary to terminate any license agreement(s), if any, with Dunns-Josephine for the Purpose stated herein. Page 4 of 5 Packet Pg. 27 4.2 Section 4. The Executive Director is further authorized to terminate all further negotiations with Dunns-Josephine for said Purpose. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: e B , ounsel 6/18/2026 Page 5 of 5 Packet Pg. 28 4.2.a Southeast Overtown/Park West Community Redevelopment Agency Legislation CRA Resolution: CRA-R-23-0062 819 NW 2nd Ave 3rd Floor Miami, FL 33136 www.seopwcra.com File Number: 15223 Final Action Date:12/14/2023 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), WITH ATTACHMENTS AUTHORIZING THE EXECUTIVE DIRECTOR TO ENTER INTO A REVOCABLE LICENSE AGREEMENT ("AGREEMENT"), ATTACHED AND INCORPORATED HEREIN AS (EXHIBIT "A"), BETWEEN THE SEOPW CRA AND THE DUNNS-JOSEPHINE, INCORPORATED, A FLORIDA FOR PROFIT CORPORATION ("DUNNS- JOSEPHINE"), FOR THE TEMPORARY USE OF A PORTION OF SEOPW CRA PROPERTY, 316 N.W. 11TH STREET AND 324 N.W. 11TH STREET, MIAMI, FLORIDA 33136 ( THE "CRA LOTS"), AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A" ("PURPOSE"); FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY OTHER DOCUMENTS AND AGREEMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO THE GENERAL COUNSEL FOR THE PURPOSE STATED HEREIN; PROVIDING FOR INCORPORATION OF RECITALS, AND PROVIDING FOR 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 Southeast Overtown/Park West Redevelopment Plan Update (the "Plan"); and WHEREAS, Section 2, Principle 6, at page 14 of the Plan lists the promotion of "local cultural events, institutions, and businesses," as a stated redevelopment principle; and WHEREAS, Section 2, Principle 14, at page 15 of the Plan also lists "restor[ing] a sense of comm unity and unify[ing] the area culturally" as a stated redevelopment principle; and WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the SEOPW CRA redevelopment goals and objectives; and WHEREAS, the Executive Director desires authority to enter into the Revocable License Agreement ("Agreement"), attached and incorporated herein as (Exhibit "A"), with the Dunns-Josephine, Incorporated, a Florida for -profit corporation ("Dunns-Josephine"), for the temporary use of a portion of the property, 316 N.W. 11th Street, and 324 N.W. 11t Street, Miami, Florida 33136 (the "CRA Lots"), more particularly described in Exhibit "A"; and WHEREAS, the Executive Director further desires authority to negotiate and execute any other documents and agreements, subject to review and approval by the General Counsel and Director of Risk Management, without further approval of the Board of Commissioners; City of Miami Page 1 of 2 File ID: 15223 (Revision:) Printed On: 9/11/2025 Attachment: File # -19484 - Backup (19484 : Rescind Resolution No. CRA-R-23-0062 (Revocable License Agreement w/ Dunns-Josephine, Inc.).) Packet Pg. 29 File ID: 15223 Enactment Number: CRA-R-23-0062 4.2.a NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: 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. The Executive Director is hereby authorized to enter into a Revocable License Agreement with Dunns-Josephine for the temporary use of CRA Lots. Section 3. The Executive Director is further authorized to negotiate and execute any other documents and, agreements, subject to review and approval by the General Counsel and Director of Risk Management, without further approval of the Board of Commissioners for said Purpose. Section 4. 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 of public hearing, by filing a corrected copy of same with the City Clerk. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ounsel 12/7/2023 Attachment: File # -19484 - Backup (19484 : Rescind Resolution No. CRA-R-23-0062 (Revocable License Agreement w/ Dunns-Josephine, Inc.).) City of Miami Page 2 of 2 File ID: 15223 (Revision:) Printed on: ""'^'c Packet Pg. 30 4.3 SEOPW Board of Commissioners Meeting June 25, 2026 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: June 18, 2026 and Members of the CRA Board File: 19486 From: James McQueen Executive Director Subject: 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc. Enclosures: File # 19486 - Exhibit A File # - 19486 - Backup File # 19486 - Notice To The Public BACKGROUND: A Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA"), with attachment(s), rescinding Resolution No. CRA-R-25- 0005, adopted on January 23, 2025, in its entirety and enacting this new Resolution, by a four -fifths (4/5ths) affirmative vote, after an advertised public hearing, ratifying, approving, and confirming the Executive Director's recommendation and finding (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 Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) ("Funds"), to The Black Archives, History and Research Foundation of South Florida, Inc. ("Grantee"), to underwrite costs for the mandatory 40/50-year building recertification and remediation of three (3) significant historic landmarks: The Historic Lyric Theater (819 Northwest 2°a Avenue, Miami, Florida 33136; Folio No. 01-3137-038-0010); Dr. Samuel H. Johnson X-Ray Clinic (171 Northwest llth Street, Miami, Florida 33136; Folio No. 01-3137-031-0160); and The Historic Dorsey House (250 Northwest 9th Street, Miami, Florida 33136; Folio No. 01-0103-050-1070) (the "Properties") ("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 Packet Pg. 31 4.3 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 2018 Updated Southeast Overtown/Park West Redevelopment Plan (the "Plan"), lists "[p]reserv[ing] historic buildings and cultural heritage," as a stated redevelopment goal. Section 2, Principle 8, of the Plan, emphasizes that "[o]lder buildings in the Redevelopment Area are physical reminders of the community's heritage." Lastly, Section 2, Principle 14, of the Plan, guides the SEOPW CRA to "[r]estore a sense of community and unify the area culturally." FUNDING: $250,000.00 allocated from Other Grants and Aids / TIF Revenue Fund - Account No. 10050.920101.883000.0000.00000. FACT SHEET: Entity name: The Black Archives, History and Research Foundation of South Florida, Inc., a Florida Not -For -Profit Corporation Address: 819 N.W. 2nd Avenue, Miami, Florida 33136 Funding request: $250,000.00 Scope/Summary: Authorization to provide grant funding to execute the mandatory 40/50-year building recertification and remediation process of the Historic Lyric Theater, the Dr. Samuel H. Johnson X-Ray Clinic, and the Historic Dorsey House. Page 2 of 7 Packet Pg. 32 4.3 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: June 25, 2026 CRA Section: Brief description of CRA Agenda Item: AWARDING A GRANT, IN AN AMOUNT NOT TO EXCEED TWO HUNDRED FIFTY THOUSAND DOLLARS AND ZERO CENTS ($250,000.00) ("FUNDS"), TO THE BLACK ARCHIVES, HISTORY AND RESEARCH FOUNDATION OF SOUTH FLORIDA, INC. ("GRANTEE"), TO UNDERWRITE COSTS FOR THE MANDATORY 40/50-YEAR BUILDING RECERTIFICATION AND REMEDIATION OF THREE (3) SIGNIFICANT HISTORIC LANDMARKS. Project Number YES, there Account Code: (if applicable): are sufficient funds in Line Item: 10050.920101.883000.0000.00000 Amount: $ 2 5 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 Packet Pg. 33 4.3 Approved by: Approval: Executive Director 6/18/2026 Miguel A Valcntirr, Finance Officer 6/18/2026 Page 4 of 7 Packet Pg. 34 4.3 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: File Number: 19486 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), WITH ATTACHMENT(S), RESCINDING RESOLUTION NO. CRA-R-25-0005, ADOPTED ON JANUARY 23, 2025, IN ITS ENTIRETY AND ENACTING THIS NEW RESOLUTION, BY A FOUR -FIFTHS (4/5THS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S RECOMMENDATION AND FINDING (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 TWO HUNDRED FIFTY THOUSAND DOLLARS AND ZERO CENTS ($250,000.00) ("FUNDS"), TO THE BLACK ARCHIVES, HISTORY AND RESEARCH FOUNDATION OF SOUTH FLORIDA, INC. ("GRANTEE"), TO UNDERWRITE COSTS FOR THE MANDATORY 40/50-YEAR BUILDING RECERTIFICATION AND REMEDIATION OF THREE (3) SIGNIFICANT HISTORIC LANDMARKS: THE HISTORIC LYRIC THEATER (819 NORTHWEST 2ND AVENUE, MIAMI, FLORIDA 33136; FOLIO NO. 01-3137-038- 0010); DR. SAMUEL H. JOHNSON X-RAY CLINIC (171 NORTHWEST 11TH STREET, MIAMI, FLORIDA 33136; FOLIO NO. 01-3137-031-0160); AND THE HISTORIC DORSEY HOUSE (250 NORTHWEST 9TH STREET, MIAMI, FLORIDA 33136; FOLIO NO. 01-0103-050-1070) (THE "PROPERTIES") ("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 ACCOUNT NO. 10050.920101.883000.0000.00000 "OTHER GRANT AIDS / TIF REVENUE FUND"; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AGREEMENT, INCLUDING ANY AND ALL DOCUMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR THE PURPOSE STATED HEREIN; 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 ("Redevelopment Area") in accordance with the 2018 Updated Southeast Overtown/Park West Redevelopment Plan (the "Plan"); and Page 5 of 7 Packet Pg. 35 4.3 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 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, emphasizes that "[o]lder buildings in the Redevelopment Area are physical reminders of the community's heritage," as a stated redevelopment principle; and WHEREAS, Section 2, Principle 14, of the Plan, guides the SEOPW CRA to "[r]estore a sense of community and unify the area culturally," as a stated redevelopment principle; and WHEREAS, The Black Archives, History and Research Foundation of South Florida, Inc., a Florida Not -For -Profit Corporation ("Grantee"), requests financial assistance for its mandatory 40/50-year building recertification and the associated structural remediation of three (3) of Overtown's most significant historic landmarks: the Historic Lyric Theater (819 Northwest 2" d Avenue, Miami, FL 33136; Folio No: 01-3137-038-0010), Dr. Samuel H. Johnson X-Ray Clinic (171 Northwest 11t'' Street, Miami, FL 33136; Folio No: 01-3137-031-0160), and the Historic Dorsey House (250 Northwest 9th Street, Miami, FL 33136; Folio No: 01-0103-050-1070) (the "Project"); and WHEREAS, the Executive Director wishes to execute a Grant Agreement ("Agreement"), in a form acceptable to General Counsel, with the Grantee, and award funds in an amount not to exceed Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) ("Funds") ("Purpose"); and WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to execute the Agreement, in a form acceptable to General Counsel, and award the Funds to Grantee for the Purpose stated herein; 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 General 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. Resolution No. CRA-R-25-0005, adopted on January 23, 2025, is hereby rescinded in its entirety. Page 6 of 7 Packet Pg. 36 4.3 Section 3. Pursuant to Section(s) 18-85 and 18-86 of the City Code, as adopted by the SEOPW CRA, by a four -fifths (4/5t11) affirmative vote, after an advertised public hearing, the Executive Director's recommendation and written findings, attached and incorporated herein as Exhibit "A," that 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 4. 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 / TIF Revenue Fund - Account No. 10050.920101.883000.0000.00000, subject to funding availability, for the Purpose stated herein. Section 5. The Executive Director is authorized' to negotiate and execute the Agreement, including any and all necessary documents, all in forms acceptable to General Counsel, for said Purpose. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ounsel 6/18/2026 ' 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. Page 7 of 7 Packet Pg. 37 SEOPW Board of Commissioners Meeting June 25, 2026 THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4/5ths RECOMMENDATION INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Date: June 25, 2026 File: Members of the SEOPW CRA Board Subject: Recommendations and findings to waive competitive sealed bidding and negotiation methods, pursuant to Sec. 18-85 and 18-86, for The Black Archives, History and Research Foundation of South Florida, Inc. From: James D. McQueen Enclosures: Exhibit "A" Executive Director BACKGROUND: The Board of Commissioners ("Board") of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2018 Updated SEOPW CRA Redevelopment Plan (the "Plan"). The Black Archives, History and Research Foundation of South Florida, Inc., a Florida Not -For -Profit Corporation ("Grantee"), has submitted a proposal to the SEOPW CRA for assistance in providing grant funds in order to complete its mandatory 40/50 year certification and the structural rehabilitation of three (3) of its properties (the "Properties"): 1. the Historic Lyric Theater, located at 819 Northwest 2nd Avenue, Miami, Florida 33136; 2. the Dr. Samuel H. Johnson X-Ray Clinic, located at 171 Northwest 11d' Street, Miami, Florida 33136; and 3. the Historic Dorsey House, located at 250 Northwest 9th Street, Miami, Florida 33136. The SEOPW CRA desires to provide funding, in an amount not to exceed Two Hundred Fifty Thousand Dollars and Zero Cents. ($250,000.00) ("Funds"). Grantee, founded in 1977, plays an integral role in the upkeep of historic structures and cultural facilities across South Florida. The Properties identified above are due for required inspections to obtain their mandatory re -certifications. The financial support would cover structural and electrical inspection fees, selection and procurement of licensed contractors, roofing repairs, electrical upgrades, and masonry restoration. With the help of the SEOPW CRA, Grantee's revitalization efforts will help ensure the continued preservation and upkeep of the structures, keeping Overtown's rich history alive for another 50 years. It is recommended that the SEOPW CRA Board authorize the issuance of the Funds to Grantee for the Purpose stated herein. The Executive Director has reviewed and vetted the request, in accordance with the objectives of the Plan. [SIGNATURE ON FOLLOWING PAGE] Attachment: File # 19486 - Exhibit A (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) 1 Packet Pg. 38 SEOPW Board of Commissioners Meeting June 25, 2026 RECOMMENDATION: In light of the above -stated, approval of a waiver of the formal requirements of competitive sealed bidding methods as not being practicable or advantageous to the SEOPW CRA as set forth in the City Code of Ordinances, as amended, specifically Section(s) 18-85 and 18-86, and the affirmation of these written findings and the forwarding the same to the SEOPW CRA Board by a four -fifths vote is respectfully requested. APPROVED t Jam- i' cQueen, Executive Director Attachment: File # 19486 - Exhibit A (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 39 4.3.b RE: Request for Grant Funds for Structural Preservation and Building Recertification u_ a) y The Black Archives History & Research Foundation of South Florida, Inc. respectfully requests $250,000.00 in capital improvement funds for the fiscal period of 2026-2027. These funds are designated specifically for the mandatory 40/50year building recertification and associated structural remediation of three of Overtown's most significant historic Iandmarks:The Historic Lyric Theater, Historic Dorsey House and the n x vi a) Lc As the primary stewards of the Black experience in South Florida, we recognize that these historic spaces are the vessels through which our history is told. The Lyric Theater, since its inception in 1913, the Dorsey House, home to Miami's first Black millionaire, and the X-Ray Clinic which provided crucial medical services to the community during segregation, are more than buildings; they are evidence of Black 00 a) excellence and resilience. To ensure these sites remain safe and accessible to the approximately15,000 _c Overtown residents and global visitors who benefit from our programming annually, immediate ° structural and electrical interventions are required. c7 We anticipate the utilization of these funds will span an 6-month performance period, commencing upon the completion of the final engineering assessments. We thank the CRA for its continued s partnership in ensuring that Overtown remains a vibrant, safe, and historically intact corridor for n generations to come. •• 40 co CD The Black Archives 7 r History & Research Foundation of South Florida, Inc. at the Black Archives Historic Lyric Theater Cultural Arts Complex May 13, 2026 James McQueen, Executive Director Southeast Overtown Park West Community Redevelopment Agency 819 NW 2nd Avenue, 3rd Floor Miami, FL33136 Dear Mr. McQueen, Dr. Samuel H. Johnson X-Ray Clinic. Sincerely, 40---ba- cc CD,IA, Kamila E. Pritchett, President/CEO kpritch ett©ba h lt.org The Black Archives History& Research Foundation of South Florida, Inc. 819 NW 2nd Avenue, Miami FL33136 co CO CO rn a) it 4- a) t 0 r r+ The Black Archives History and Research Foundation of South Florida, Inc. 819 Northwest Second Avenue, Miami, FL 33136 • baf@bahlt.org, 786 708 4610 • BAH LT.org Packet Pg. 40 4.3.b Structural Preservation and Building Recertification Objectives • Structural Integrity: To successfully achieve the 40/50-year building recertification for the Lyric Theater, Dorsey House and the Dr. S.H. Johnson X-Ray Clinic as mandated by Miami -Dade County and the City of Miami. • Public Safety: To remediate identified deficiencies in electrical systems, roofing, and life -safety equipment to ensure a secure environment for patrons. • Cultural Continuity: To prevent the closure or "unsafe" designation of Overtown's cultural anchors, ensuring uninterrupted access to archival and theatrical programming. Portfolio Summary The Black Archives maintains a robust portfolio of historic properties and a world -class archival collection comprising over 20,000 linear feet of manuscripts, photographs, and artifacts. Our portfolio includes the management of the Historic Lyric Theater (a 400-seat state-of-the-art venue at 819 NW 2nd Avenue, 33136), the Dorsey House (250 NW 9th Street, 33136), and the Dr. Samuel H. Johnson X-Ray Clinic (171 NW 11th Street, 33136). History and Years in Business Founded in 1977 by Dr. Dorothy Jenkins Fields, The Black Archives has been in continuous operation for 49 years. We have evolved from a grassroots archival project into a premier research foundation and cultural center, serving as a national model for community -based preservation. Our organization is led by a President/CEO and governed by a Board of Directors. Participants and Beneficiaries In the previous fiscal year, BAHLT served approximately 12,500 beneficiaries within the Overtown redevelopment area. This includes: • Local Youth: 2,500 students through educational tours and field trips • Community Residents: 6,000 attendees at community meetings, theater productions, and gallery openings. • Scholars/Tourists: 4,000 researchers and heritage tourists. Attachment: File # - 19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 41 4.3.b Proven Success Stories • The Lyric Restoration: Successfully raising and managing over $10M for the multi -phase restoration and expansion of the Lyric Theater, which reopened as a community anchor in 2014. • Dorsey House Restoration: Successfully managing the 2019 restoration of the Dorsey House, supported by funding from the SEOPW CRA. • Archival Stewardship: The successful preservation and digitization of the Miami's Black experience from 1896 to present. Stewardship of over 400 works by Purvis Young, ensuring the legacy of Overtown's most famous artist is accessible globally. Summary Schedule of Construction Phases • Phase I (Month 1): Completion of Structural/Electrical Engineering Assessments (Lyric completed (see attachment); Dorsey & X-Ray Clinic pending). • Phase II (Months 1-2): Bidding and Selection of Licensed Contractors for identified deficiencies. • Phase III (Months 2-5): Implementation of Remediation (Roofing, Electrical Upgrades, Masonry Repair). • Phase IV (Month 6): Final Inspection and Submission of Recertification Packets to the City of Miami/Miami-Dade County. Services BAHLT provides comprehensive cultural services including: • Archival Research: Access to primary source documents of the African Diaspora. • Theatrical Management: Hosting world -class performances and community forums. • Heritage Education: Curating exhibits that interpret the history of the SEOPW CRA district. Attachment: File # - 19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 42 4.3.b Budget (CRA Request: $250,000) Note: Draft Allocations listed below. Specific line -item allocations will be finalized post - assessment. Line Item Description Engineering & Professional fees for structural and electrical engineers to Consulting certify building safety. Structural Repairs to masonry, foundation, and structural supports as Remediation identified in the initial summaries. Electrical/Life Safety Upgrading aging panels and ensuring fire suppression systems meet 2026 codes. Roofing & Waterproofing TOTAL Mitigation of water intrusion at the sites. CRA Request $35,000 $100,000 $65,000 $50,000 $250,000 Note: Operational costs and programming are funded through BAHLT general funds, supplemental Federal grants (National Parks Service), County grants (Cultural Affairs), and private foundations (The Integrity Foundation), ensuring these CRA funds are used exclusively for capital preservation. Attachment: File # - 19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 43 819 NW 2nd Ave The Black Archives History & Research Foundation of South Florida, Inc. & Kai 4.3.b 0 ADJUSTING Ea INSPECTION SERVICES INC. SUMMARY 819 NW 2nd Ave, Miami, FL 33136 The Black Archives History & Research Foundation of South Florida, Inc. & Kamila Pritchett 04/16/2026 2.2.1 Roof Coverings (flat roof) DETERIORATED MEMBRANE ORepairs/Recommendations At the time of inspection evidence of worn/ deterioration noted at sections of membrane; Loss of granules observed. Recommend a qualified roofer be consulted and affected areas of membrane be corrected as necessary. Recommendation Contact a qualified roofing professional. 2.3.1 Roof Drainage Systems DEBRIS Tariq Smith HI 8062, MRSA5585, BSc. Adjusting & Inspection Services Inc. 954-562-3479 info@adjustingandinspection.com CO Repairs/Recommendations At the time of inspection, Debris accumulation observed around scuppers obstructing drainage. Recommend scuppers be cleared. Recommendation Contact a qualified roofing professional. 4.1.1 Walls MOISTURE DAMAGE 2ND FLOOR - THEATRE CO Repairs/Recommendations Attachment: File # -19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Adjusting & Inspection Services Inc. Packet Pg. 44 819 NW 2nd Ave The Black Archives History & Research Foundation of South Florida, Inc. & Kai 4.3.b At the time of inspection, evidence of elevated moisture was observed at sections of interior walls; Recommend affected areas of walls be remediated as necessary. O 75.0°F 4FLIR 97.6 0 71.6 4.2.1 Ceilings MILDEW LIKE STAINS 2ND FLOOR BATHROOMS ORepairs/Recommendations At the time of inspection, evidence of mildew like growth matter was noted at sections of ceiling; Recommend a qualified indoor restoration contractor be consulted and all affected areas of ceiling be remediated as necessary Recommendation Contact a qualified environmental contractor Attachment: File # -19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Adjusting & Inspection Services Inc. Packet Pg. 45 819 NW 2nd Ave The Black Archives History & Research Foundation of South Florida, Inc. & Kai 4.3.b 4.2.2 Ceilings EVIDENCE OF LEAK 3RD FLOOR OFFICE At the time of inspection, evidence of possible leak observed at ceiling. Recommend source of leak be identified and corrections made as necessary. 4.3.1 Doors DOOR HANDLE MISSING ROOF ACCESS DOOR Missing door handle resulting in moisture intrusion. Correct as necessary. ORepairs/Recommendations ORepairs/Recommendations Attachment: File # -19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Adjusting & Inspection Services Inc. Packet Pg. 46 819 NW 2nd Ave The Black Archives History & Research Foundation of South Florida, Inc. & Kai 4.3.b 4.6.1 Steps, Stairways & Railings LOOSE HANDRAIL At the time of inspection, handrail was loose. Recommend handrail be secured. 5.5.1 Hot Water Systems, Controls, Flues & Vents CORROSION/RUST CONCESSIONS ROOM At the time of inspection, evidence of rust damage observed at water heater; This is an unsafe condition. Recommend a qualified plumber be consulted and water heater be upgraded as necessary. Recommendation Contact a qualified plumbing contractor. Attachment: File # -19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Adjusting & Inspection Services Inc. Packet Pg. 47 819 NW 2nd Ave The Black Archives History & Research Foundation of South Florida, Inc. & Kai 4.3.b 5.5.2 Hot Water Systems, Controls, Flues & Vents IMPROPER INSTALLATION Water heater is improperly installed or in a dangerous location. Recommend qualified plumber evaluate & repair/relocate. 5.5.3 Hot Water Systems, Controls, Flues & Vents DISCHARGE LINE Extension( Discharge) line at Temperature and Pressure Relief Valve (TPR) was missing; Discharge line be replaced as necessary. Recommendation Contact a qualified plumbing contractor. 6.4.1 Main Breaker Panel 3 RUST/CORROSION 1ST FLOOR ELECTRIC ROOM At the time of inspection, evidence of rust/corrosion was observed at interior of panel on circuit breaker/busbar. Recommend a qualified electrician be consulted and corrections made as necessary. Recommendation Contact a qualified electrical contractor. 6.4.2 Main Breaker Panel 3 KNOCKOUT COVER MISSING =ED At the time of i inspection, knockout cover was missing. Recommend cover be replaced as necessary. Attachment: File # -19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Adjusting & Inspection Services Inc. Packet Pg. 48 819 NW 2nd Ave The Black Archives History & Research Foundation of South Florida, Inc. & Kai 4.3.b 6.10.1 Main Breaker Panel 9 DOUBLE TAPS CONCESSIONS ROOM PASSAGE WAY ORepairs/Recommendations At the time of inspection, evidence of double taps noted at mains breaker panel; Recommend a qualified electrician be consulted and double taps corrected as necessary. Double tap - two wires connected to a single breaker that is rated to receive only one wire) Recommendation Contact a qualified electrical contractor. 6.14.1 Main Breaker Panel 13 OPEN KNOCKOUT At the time of inspection Knockout cover missing. Replace as necessary Recommendation Contact a qualified electrical contractor. 6.22.1 Branch Wiring EXPOSED CONNECTIONS ATTIC OVER AV ROOM L.j..4.` .'..4. ORepairs/Recommendations At the time of inspection, loose/exposed wire connections were noted (connection should be secured in junction box). Recommend a qualified electrician be consulted and correction made as necessary. Recommendation Contact a qualified electrical contractor. Attachment: File # -19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Adjusting & Inspection Services Inc. Packet Pg. 49 819 NW 2nd Ave The Black Archives History & Research Foundation of South Florida, Inc. & Kai 4.3.b 6.23.1 Lighting Fixtures, Switches & Receptacles LOOSE FIXTURE CONCESSION ROOM ORepairs/Recommendations At the time of inspection evidence of loose fixture noted. Recommend a qualified electrician be consulted and fixture corrected as necessary. Recommendation Contact a qualified electrical contractor. Attachment: File # -19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Adjusting & Inspection Services Inc. Packet Pg. 50 4.3.b PROPERTY APPRAISER OF MIAMI-DADE COUNTY Summary Report PROPERTY INFORMATION Folio 01-3137-038-0010 Property 830 NW 1 AVE Address MIAMI, FL 33136-0000 Owner BLACK ARCHIVES HISTORY & RESEARCH , FOUNDATION OF SO FL INC Mailing 819 NW 2AVE Address MIAMI, FL 33136 Primary Zone 6402 URBAN CORE 24 STORY/7FLR Primary Land 3215 ENCLOSED THEATER/AUDITORIUM : Use ENTERTAINMENT Beds / Baths 0/0 / 0 /Half Floors 2 Living Units 0 Actual Area 47,295 Sq.Ft Living Area 47,295 Sq.Ft Adjusted Area 45,403 Sq.Ft Lot Size 25,231 Sq.Ft Year Built Multiple (See Building Info.) ASSESSMENT INFORMATION Year Land Value Building Value 2025 2024 2023 $5,046,200 $5,046,200 $5,046,200 $5,252,318 $5,314,348 $5,040,358 Extra Feature Value $346,004 $349,997 $353,990 Market Value Assessed Value $10,644,522 $10,710,545 $10,440,548 $10,139,873 $9,218,067 $8,380,061 Benefit Type 2025 2024 2023 Non - Homestead Cap Assessment Reduction $504,649 $1,492,478 $2,060,487 Literary Exemption $10,139,873 $9,218,067 $8,380,061 Note: Not all benefits are applicable to all Taxable Values (i.e. County, School Board, City, Regional). LYRIC SUBDIVISION PB 172-009 T-23435 TR A LOT SIZE 25231 SQ FT M/L FAU 01 0103 060 1010 THRU 1240 Generated On: 06/05/2026 TAXABLE VALUE INFORMATION Year 2025 COUNTY 2024 2023 Exemption Value $10,139,873 $9,218,067 $8,380,061 Taxable Value $0 $0 $0 SCHOOL BOARD Exemption Value $10,644,522 $10,710,545 $10,440,548 Taxable Value $0 $0 $0 CITY Exemption Value $10,139,873 $9,218,067 $8,380,061 Taxable Value $0 $0 $0 REGIONAL Exemption Value $10,139,873 $9,218,067 $8,380,061 Taxable Value $0 $0 $0 SALES INFORMATION Previous Sale Price OR Book- Qualification Page Description The information contained herein is for ad valorem tax assessment purposes only. The Property Appraiser of Miami -Dade County is continually editing and updating the tax roll. This website may not reflect the most current information on record. The Property Appraiser of Miami -Dade County and Miami -Dade County assumes no liability, see full disclaimer and User Agreement at https://www.miamidadepa.gov/pa/disclaimer.page Attachment: File # - 19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 51 PROPERTY APPRAISER OF MIAMI-DADE COUNTY Summary Report ERTY INFORMATION Folio Property Address 01-3137-031-0160 171 NW 11 ST MIAMI, FL 33136-0000 1 Owner BLACK ARCHIVES HISTORY & , RESEARCH FOUNDATION OF S FLA INC Mailing Address Primary Zone Primary Land Use 819 NW 2 AVE MIAMI, FL 33136 6100 COMMERCIAL - NEIGHBORHOOD 1913 PROFESSIONAL SERVICE BLDG : OFFICE BUILDING Beds / Baths 0/0/0 /Half Floors Living Units Actual Area Living Area Adjusted Area Lot Size Year Built 1 0 1,200 Sq.Ft 1,200 Sq.Ft 1,200 Sq.Ft 1,350 Sq.Ft 1939 ASSESSMENT INFORMATION Year Land Value Building Value Extra Feature Value Market Value Assessed Value 2025 2024 2023 $202,500 $141,750 $111,375 $42,768 $42,768 $40,095 $2,304 $2,340 $2,376 $247,572 $186,858 $153,846 $141,553 $128,685 $116,987 Benefit Non -Homestead Cap Type 2025 2024 2023 Assessment Reduction $106,019 $58,173 $36,859 Note: Not all benefits are applicable to all Taxable Values (i.e. County, School Board, City, Regional). SHORT LEGAL DESCRIPTION MIAMI NORTH SUB PB B-41 W24FT OF E74FT OF LOT 6 & W3 FT OF E5OFT OF LOT 6 BLK 5 LOT SIZE 27.000 X 50 OR 10897-302 1080 5 Generated On: 06/16/2026 TAXABLE VALUE I '+ Year COUNTY Exemption Value 2025 2024 2023 $o $o $o Taxable Value $141,553 $128,685 $116,987 SCHOOL BOARD Exemption Value $0 $0 $0 Taxable Value $247,572 $186,858 $153,846 CITY Exemption Value $0 $0 $0 Taxable Value $141,553 $128,685 $116,987 REGIONAL Exemption Value $0 $0 $0 Taxable Value $141,553 $128,685 $116,987 Previous Sale Price OR Book- Qualification Page Description The information contained herein is for ad valorem tax assessment purposes only. The Property Appraiser of Miami -Dade County is continually editing and updating the tax roll. This website may not reflect the most current information on record. The Property Appraiser of Miami -Dade County and Miami -Dade County assumes no liability, see full disclaimer and User Agreement at https://www.miamidadepa.gov/pa/disclaimer.page Attachment: File # - 19486 - Backup (19486 : 415th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 52 4.3.b PROPERTY APPRAISER OF MIAMI-DADE COUNTY Summary Report PROPERTY INFORMATION Folio Property Address 01-0103-050-1070 250 NW 9 ST MIAMI, FL 33136-0000 Owner BLACK ARCHIVES HISTORY & RE- , SEARCH FOUNDATION INC Mailing Address Primary Zone Primary Land Use 819NW2AVE MIAMI, FL 33136 6100 COMMERCIAL - NEIGHBORHOOD 7950 LITERARY - EXEMPT : CULTURAL - LITERARY Beds / Baths /Half 0/0/0 Floors Living Units Actual Area Living Area Adjusted Area Lot Size Year Built 2 0 1,635 Sq.Ft 1,479 Sq.Ft 1,357 Sq.Ft 7,500 Sq.Ft 1995 ASSESSMENT INFORMATION Year Land Value Building Value 2025 2024 2023 $1,500,000 $1,050,000 $825,000 $77,672 $78,736 $86,288 Extra Feature Value $25,023 $25,349 $20,775 Market Value Assessed Value $1,602,695 $1,154,085 $932,063 $629,545 $572,314 $515,876 BENEFITS INFORMATI Benefit Type 2025 2024 2023 Non -Homestead Assessment Cap Reduction $973,150 $581,771 $416,187 Literary Exemption $629,545 $572,314 $515,876 Note: Not all benefits are applicable to all Taxable Values (i.e. County, School Board, City, Regional). SHORT LEGAL DESCRIPTIO MIAMI NORTH PB B-41 LOT 7 BLK 35 LOT SIZE 50.000 X 150 OR 14620-2894 0690 1 Generated On: 06/05/2026 TAXABLE VALDE INFORMATION Year COUNTY Exemption Value $629,545 $572,314 $515,876 Taxable Value SCHOOL BOARD Exemption Value $1,602,695 $1,154,085 $932,063 Taxable Value $0 $0 $0 1 2025 2024 2023 $0 $0 $0 CITY Exemption Value $629,545 $572,314 $515,876 Taxable Value REGIONAL Exemption Value Taxable Value $0 $0 $0 $629,545 $572,314 $515,876 $0 $0 $0 SALES INFORMATIO Previous Sale OR Book- Qualification Page Description 06/01/1990 $48,000 14620-2894 Sales which are qualified Price The information contained herein is for ad valorem tax assessment purposes only. The Property Appraiser of Miami -Dade County is continually editing and updating the tax roll. This website may not reflect the most current information on record. The Property Appraiser of Miami -Dade County and Miami -Dade County assumes no liability, see full disclaimer and User Agreement at https://www.miamidadepa.gov/pa/disclaimer.page Attachment: File # - 19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 53 4.3.b DIVISION OF CORPORATIONS J� /I�ffJl Jf ,f�'� r an official :irate of Florida websit Department of State / Division of Corporations / Search Records / Search by Entity Name / Detail by Entity Name Florida Not For Profit Corporation THE BLACK ARCHIVES, HISTORY AND RESEARCH FOUNDATION OF SOUTH FLORIDA, INC. Filing Information Document Number 740791 FEI/EIN Number 59-1808272 Date Filed 11/17/1977 State FL Status ACTIVE Last Event REINSTATEMENT Event Date Filed 10/06/2023 Principal Address 819 NW 2nd Aveunue MIAMI, FL 33136 Changed: 06/27/2022 Mailing Address 819 NW 2nd Aveunue MIAMI, FL 33136 Changed: 06/27/2022 Registered Agent Name & Address Pritchett, Kamila E 819 NW 2nd Aveunue MIAMI, FL 33136 Name Changed: 06/21/2022 Address Changed: 02/23/2015 Officer/Director Detail Name & Address Title BOARD MEMBER HENRIQUEZ, STEVEN J 819 NW 2nd Avenue MIAMI, FL 33136 Attachment: File # - 19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 54 Title President/CEO 4.3.b Pritchett, Kamila E 819 NW 2nd Aveunue MIAMI, FL 33136 Title Board Member Pelt -Thornton, Andrea 819 NW 2nd Avenue MIAMI, FL 33136 Title Board Memeber Beatty, Robert G, Esq. 819 nw 2nd avenue miami, FL 33136 Title Treasurer Brunson, CPA, Anthony 819 nw 2nd avenue miami, FL 33136 Title Chairman Horn, Don L, Esq. 819 nw 2nd avenue miami, FL 33136 Title VC McGruder, Anita 819 nw 2nd avenue miami, FL 33136 Title Board Member Patterson, Valerie, Phd 819 nw 2nd avenue miami, FL 33136 Title Secretary Samuel, Marcia 819 nw 2nd avenue miami, FL 33136 Title BOARD MEMBER Attachment: File # - 19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 55 4.3.b Jacobs, Jr., Rodney 819 NW 2nd Aveunue MIAMI, FL 33136 Title Board Member Gooding -Copeland, Khristal 819 NW 2nd Aveunue MIAMI, FL 33136 Annual Reports Report Year Filed Date 2024 02/06/2024 2025 02/05/2025 2026 03/04/2026 Document Images 03/04/2026 --ANNUAL REPORT 02/05/2025 --ANNUAL REPORT 02/06/2024 --ANNUAL REPORT 10/06/2023 -- REINSTATEMENT 06/30/2022 --AMENDED ANNUAL REPORT 06/21/2022 --AMENDED ANNUAL REPORT 03/02/2022 --ANNUAL REPORT 06/02/2021 --ANNUAL REPORT 04/14/2020 --ANNUAL REPORT 03/04/2019 --ANNUAL REPORT 01/17/2018 --ANNUAL REPORT 01/05/2017 --ANNUAL REPORT 01/20/2016 --ANNUAL REPORT 02/23/2015 --ANNUAL REPORT 03/18/2014 --ANNUAL REPORT 03/15/2013 --ANNUAL REPORT 04/10/2012 --ANNUAL REPORT 03/14/2011 --ANNUAL REPORT 02/16/2010 --ANNUAL REPORT 12/15/2009 --ANNUAL REPORT 04/04/2009 --ANNUAL REPORT 04/29/2008 --ANNUAL REPORT 07/18/2007 --ANNUAL REPORT 04/27/2006 --ANNUAL REPORT 09/06/2005 --ANNUAL REPORT 04/28/2004 --ANNUAL REPORT 11/03/2003 -- REINSTATEMENT 06/25/2002 --ANNUAL REPORT 05/02/2001 --ANNUAL REPORT View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format Attachment: File # - 19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 56 4.3.b 03/23/2000 --ANNUAL REPORT 02/11/1999 --ANNUAL REPORT 04/13/1998 --ANNUAL REPORT 03/10/1997 --ANNUAL REPORT 04/08/1996 --ANNUAL REPORT 04/18/1995 --ANNUAL REPORT View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format Florida Department of State, Division of Corporations Attachment: File # - 19486 - Backup (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Florida, Inc.) Packet Pg. 57 4.3.c SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY NOTICE OF PUBLIC HEARING PLEASE ALL TAKE NOTICE, the Board of Commissioners ("Board") of the Southeast Overtown / Park West Community Redevelopment Agency ("SEOPW CRA") will hold a Public Hearing meeting on Thursday, June 25, 2026, at 10:00 A.M., or anytime thereafter, in the City Commission chambers located at Miami City Hall, 3500 Pan American Drive, Miami, Florida 33133. The Board will consider the allocation of funding to Black Archives History and Research Foundation of South Florida, Inc., a Florida Not -For -Profit Corporation ("Grantee"), for capital improvement funds for the mandatory 40/50-year certification and structural remediation of three (3) historic buildings within the Redevelopment Area: The Historic Lyric Theater (819 Northwest 2nd Avenue, Miami, Florida 33136; Folio no: 01-3137-038-0010), Dr. Samuel H. Johnson X-Ray Clinic (171 Northwest 11th Street, Miami, Florida 33136; Folio no: 01-3137- 031-0160) and the Historic Dorsey House (250 Northwest 9th Street, Miami, Florida 33136; Folio no: 01-0103-050-1070). In accordance with the SEOPW CRA 2018 Redevelopment Plan Update ("Plan") and Section 163, Florida Statutes, the Board will consider awarding a grant to Grantee in an amount not to exceed Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) ("Funds"). All comments and questions with respect to the meeting and public participation should be addressed to James D. McQueen, Executive Director, or Vincent T. Brown, Esq., Staff Counsel/Deputy Director, at 819 N.W. 2nd Avenue, 3rd Floor, Miami, Florida 33136 or (305) 679- 6800. This action is being considered pursuant to Section(s) 18-85 and 18-86 of the Code of the City of Miami, Florida as amended ("City Code"). The recommendation and findings to be considered in this matter are set forth in the proposed resolution and will be available as with the scheduled SEOPW CRA Board meeting or anytime thereafter in the City Commission chambers. The Board requests all interested parties be present or represented at the meeting, and may be heard with respect to any proposition before the Board in which it may take action. Should any person desire to appeal any decision of the Board with respect to any matter considered at this meeting, that person shall ensure that a verbatim record of the proceedings is made, including all testimony and evidence upon which any appeal may be based (F.S. 286.0105). Pursuant to CRA-R-24-0071, whenever a scheduled SEOPW CRA meeting is cancelled or is not held due to a lack of a quorum or other emergency, a special SEOPW CRA meeting will be automatically scheduled for the Tuesday immediately following the cancelled meeting. In the event of one of the aforementioned circumstances, the special meeting would be held on June 30, 2026, at 10:00 a.m., or anytime thereafter, in the City Commission chambers located at Miami City Hall, 3500 Pan American Drive, Miami, Florida 33133. All of the scheduled agenda items from that cancelled meeting shall automatically be scheduled as an agenda item at the special SEOPW CRA meeting. The Clerk of the Board shall notify the public of the special meeting that is to take place by placing a notice of the special SEOPW CRA meeting at the entrance of City Hall, placing a notice on the SEOPW CRA's website, and, if feasible, placing an ad in a newspaper of general circulation before the special meeting on the immediately following Tuesday. There shall be no additional notice by publication required for any such scheduled agenda item that is moved to the special SEOPW CRA meeting. Attachment: File # 19486 - Notice To The Public (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Packet Pg. 58 In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodations to participate in this proceeding may contact the Office of the City Clerk at (305) 250-5361 (Voice), not later than two (2) business days prior to the proceeding. TTY users may call 711 (Florida Relay Service), not later than two (2) business days prior to the proceeding. Ad No. 43984 Todd B. Hannon Clerk of the Board 4.3.c Attachment: File # 19486 - Notice To The Public (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Packet Pg. 59 4.3.c Attachment: File # 19486 - Notice To The Public (19486 : 4/5th Vote: Grant to The Black Archives, History and Research Foundation of South Packet Pg. 60 4.4 SEOPW Board of Commissioners Meeting June 25, 2026 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Members of the CRA Board From: James McQueen Executive Director Date: June 18, 2026 File: 19487 Subject: 4/5th Vote: Grant to Sixth Street Miami Partners, LLC. Enclosures: File # 19487 - Exhibit A File # 19487 - Backup File # 19487 - Notice To The Public BACKGROUND: 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 (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 a form acceptable to General Counsel, 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"). In addition, a Restrictive Covenant, shall be recorded on the Property, and any other land transferred in furtherance of the Project stated herein, in the event Grantee fails to be in compliance with the Agreement, 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. 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 Packet Pg. 61 4.4 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 6, of the Plan, focuses on "improv[ing] the quality of life for residents," as a stated redevelopment goal. Lastly, Section 2, Principle 6, of the Plan, discusses "address[ing] and improv[ing] the neighborhood economy and expand[ing] the economic opportunities of present and future residents," as a stated redevelopment principle. FUNDING: $3,500,000.00 allocated from SEOPW "Other Grants and Aids" Account No. 10050.920101.883000.0000.00000. FACT SHEET: Entity name: Sixth Street Miami Partners LLC, a Foreign Limited Liability Company Address: Folio no: 01-0105-090-2160, generally located at 159 Northeast 6th Street, Miami, Florida 33132. Funding request: $3,500,000.00 Scope of work or services (Summary): To support the buildout and development of a Conference and Exhibition Center, referred to as the "Freedom Center" at Gale Miami Hotel. Page 2 of 7 Packet Pg. 62 4.4 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: June 25, 2026 CRA Section: Brief description of CRA Agenda Item: AWARDING 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 Project Number YES, there Account Code: (if applicable): are sufficient funds in Line Item: 10050.920101.883000.0000.00000 Amount: $ 3, 50 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 Packet Pg. 63 4.4 Approved by: Approval: Executive Director 6/18/2026 Miguel A Valcntirr, Finance Officer 6/18/2026 Page 4 of 7 Packet Pg. 64 4.4 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: File Number: 19487 Final Action Date: 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 (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 A FORM ACCEPTABLE TO GENERAL COUNSEL, 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. 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 Page 5 of 7 Packet Pg. 65 4.4 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 WHEREAS, Section 2, Goal 6, of the Plan, focuses on "improv[ing] the quality of life for residents," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 6, of the Plan, discusses "address[ing] and improv[ing] the neighborhood economy and expand[ing] the economic opportunities of present and future residents," as a stated redevelopment principle; and WHEREAS, Sixth Street Miami Partners LLC, a Foreign Limited Liability Company authorized to conduct business in the State of Florida ("Grantee"), submitted a proposal for the buildout and development of a Conference and Exhibition Center (Project"), referred to as the "Freedom Center" at Gale Miami Hotel (Folio no: 01-0105-090-2160), generally located at 159 Northeast 6th Street, Miami, Florida 33132 ("Property"); and WHEREAS, Grantee is requesting financial assistance, in an amount not to exceed Three Million Five Hundred Thousand Dollars and Zero Cents ($3,500,000.00), from the SEOPW CRA to underwrite a portion of construction build -out and development costs for the Project ("Purpose"); and WHEREAS, the Executive Director wishes to execute a Grant Agreement ("Agreement"), in a form acceptable to General Counsel, with the Grantee, and award a grant in an amount not to exceed Three Million Five Hundred Thousand Dollars and Zero Cents ($3,500,000.00) ("Funds"), to the Grantee, for the Purpose stated herein; and WHEREAS, the Executive Director wishes to clarify that, with respect to the construction buildout phase of the Project, the Agreement shall include local hiring priorities and obligations, and similar certain terms and conditions as more particularly provided in that certain First Source Hiring Agreement, dated February 21, 2017, as amended, to which the SEOPW CRA is a party to; 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 the Agreement and the award of the Funds, 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, and to allocate said Funds, subject to availability, and further authorize the Executive Director to negotiate and execute any and all agreements necessary, including any and all amendments thereto, all in forms acceptable to General Counsel, with the Grantee for said Purpose; and WHEREAS, the Board of Commissioners wishes to authorize the execution of the Agreement, in a form acceptable to General Counsel, with the Grantee, and to award the Funds, to the Grantee; and WHEREAS, a Restrictive Covenant, to be recorded in the public records of Miami -Dade County, shall be recorded on the Property, and any other land transferred in furtherance of the Project stated herein, in the event Grantee fails to be in compliance with the Agreement, and as described 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. Page 6 of 7 Packet Pg. 66 4.4 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 (4/5t") affirmative vote, after an advertised public hearing, the Executive Director's recommendation and written findings, attached and incorporated herein as Exhibit "A," that competitive negotiation methods and procedures are not practicable or advantageous to the SEOPW CRA, waiving the requirements for said procedures, are hereby ratified, approved, and confirmed. Section 3. The Board of Commissioners hereby authorizes the Executive Director to execute the Agreement, in a form acceptable to General Counsel, between the SEOPW CRA and the Grantee, and award a grant in an amount not to exceed Three Million Five Hundred Thousand Dollars and Zero Cents ($3,500,000.00) ("Funds") for the Purpose stated herein. Section 4. 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 said Purpose. Section 5. The Executive Director is hereby further authorized to negotiate and execute any additional agreements, including any and all documents necessary, all in forms acceptable to General Counsel, including, but not limited to, a Restrictive Covenant to be recorded in the public records of Miami -Dade 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 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 of public hearing, by filing a corrected copy of the same with the City Clerk. Section 7. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ktcery{ .,.Bro\mr., Sian- Counsel 6/18/2026 ' 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. Page 7 of 7 Packet Pg. 67 SEOPW Board of Commissioners Meeting June 25, 2026 THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4/5ths RECOMMENDATION INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Date: June 25, 2026 File: Members of the SEOPW CRA Board Subject: Recommendations and findings to waive competitive sealed bidding and negotiation methods, pursuant to Sec. 18-85 and 18-86, for Sixth Street Miami Partners LLC. From: James D. McQueen Enclosures: Exhibit "A" Executive Director BACKGROUND: The Board of Commissioners ("Board") of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2018 Updated SEOPW CRA Redevelopment Plan ("Plan"). Sixth Street Miami Partners LLC, a Foreign Limited Liability Company authorized to conduct business in the State of Florida ("Grantee"), has submitted a proposal for the buildout and development of a Conference and Exhibition Center referred to as the "Freedom Center at Gale Miami Hotel" (the "Project"), to be located at 159 Northeast 6th Street, Miami, Florida 33132 ("Property"). In furtherance of its efforts, Grantee has submitted a request to the SEOPW CRA for financial assistance, in an amount not to exceed Three Million Five Hundred Thousand Dollars and Zero Cents ($3,500,000.00) ("Funds"), from the SEOPW CRA to underwrite a portion of the cost for the buildout of the space. It is recommended that the SEOPW CRA Board authorize the issuance of the Funds to Grantee for the Purpose stated herein. The Executive Director has reviewed and vetted the request, in accordance with the objectives of the Plan. RECOMMENDATION: In light of the above -stated, approval of a waiver of the formal requirements of competitive sealed bidding methods as not being practicable or advantageous to the SEOPW CRA as set forth in the City Code of Ordinances, as amended, specifically Section(s) 18-85 and 18-86, and the affirmation of these written findings and the forwarding the same to the SEOPW CRA Board by a four -fifths vote is respectfully requested. APPROVED Executive Director Attachment: File # 19487 - Exhibit A (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) 1 Packet Pg. 68 4.4.b SIXTH STREET MIAMI PARTNERS LLC March 24, 2026 Chairwoman Christine King Southeast Overtown Park West Community Redevelopment Agency 401 N Miami Ave, 2nd Floor Miami, FL 33136 Re: Proposal Request for SEOPW CRA Funding for the Freedom Center at Gale Miami Hotel — Developer Terms and Community Benefits Dear Chairwoman King: This proposal is respectfully submitted on behalf of Sixth Street Miami Partners LLC for the buildout and development of a Conference and Exhibition Center referred to as the " Freedom Center at Gale Miami Hotel" (the "Project"), to be located at 159 NE 6th Street Miami, FL 33132 ("Property") within the boundaries of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA"). The Project is intended to serve as a regional economic anchor —enhancing Miami's capacity to attract conventions, trade shows, professional conferences, cultural exhibitions, and large-scale tourism activations. It is projected to generate significant public benefits, including job creation, increased tax revenue, and meaningful neighborhood revitalization. At this time, we respectfully request an initial grant award of Three Million Five Hundred Thousand Dollars ($3,500,000.00) from the CRA to underwrite a portion of the cost for the buildout of the space. The Freedom Center development plans align with the proposed buildout, site location, and key community benefits outlined in the attached term sheet. All commitments follow Interlocal Agreement requirements related to labor participation, wage standards, and workforce reporting. Planned community benefits include hosting ten community events each year, supporting the annual Christmas Giving initiative, prioritizing local hiring and vendor participation, partnering with reentry -focused organizations such as Transition Inc. or Circle of Brotherhood, and expanding workforce development opportunities for residents of the SEOPW CRA District. The development team remains committed to upholding both the letter and spirit of the SEOPW CRA's mission —including the promotion of job creation, economic mobility, and the activation of community -serving spaces. We appreciate the CRA's continued collaboration and look forward to advancing this transformative opportunity. We stand ready to provide any additional information that may assist in your review. Thank you for your partnership and thoughtful consideration. Respectfully submitted, Jefferson Brackin Manager / Authorized Representative Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) 2200 Biscayne Blvd., Miami, Florida 33137 Packet Pg. 69 4.4.b SIXTH STREET MIAMI PARTNERS LLC March 24, 2026 Mr. James McQueen Executive Director Southeast Overtown Park West Community Redevelopment Agency 819 NW 2nd Avenue, Miami, FL 33136 Re: Proposal Request for SEOPW CRA Funding for the Freedom Center at Gale Miami Hotel — Developer Terms and Community Benefits Dear Mr. James McQueen: This proposal is respectfully submitted on behalf of Sixth Street Miami Partners LLC for the buildout and development of a Conference and Exhibition Center referred to as the " Freedom Center at Gale Miami Hotel" (the "Project"), to be located at 159 NE 6th Street Miami, FL 33132 ("Property") within the boundaries of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA"). The Project is intended to serve as a regional economic anchor —enhancing Miami's capacity to attract conventions, trade shows, professional conferences, cultural exhibitions, and large-scale tourism activations. It is projected to generate significant public benefits, including job creation, increased tax revenue, and meaningful neighborhood revitalization. At this time, we respectfully request an initial grant award of Three Million Five Hundred Thousand Dollars ($3,500,000.00) from the CRA to underwrite a portion of the cost for the buildout of the space. The Freedom Center development plans align with the proposed buildout, site location, and key community benefits outlined in the attached term sheet. All commitments follow Interlocal Agreement requirements related to labor participation, wage standards, and workforce reporting. Planned community benefits include hosting ten community events each year, supporting the annual Christmas Giving initiative, prioritizing local hiring and vendor participation, partnering with reentry -focused organizations such as Transition Inc. or Circle of Brotherhood, and expanding workforce development opportunities for residents of the SEOPW CRA District. The development team remains committed to upholding both the letter and spirit of the SEOPW CRA's mission —including the promotion of job creation, economic mobility, and the activation of community -serving spaces. We appreciate the CRA's continued collaboration and look forward to advancing this transformative opportunity. We stand ready to provide any additional information that may assist in your review. Thank you for your partnership and thoughtful consideration. Respectfully submitted, Jefferson Brackin Manager / Authorized Representative Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) 2200 Biscayne Blvd., Miami, Florida 33137 Packet Pg. 70 4.4.b Freedom Center at Gale Miami Hotel Economic and Fiscal Benefits Floor 7 1 42,000 SF 1 Overtown/Park West CRA I March 2026 Prepared for Sixth Street Miami Partners March 2026 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) BUSINESS FLARE® Packet Pg. 71 4.4.4: Freedom Center at Gale Miami Hotel BusinessFlare® Table of Contents Executive Summary 3 1. Introduction and Project Overview 4 2. Market Context: Miami -Dade Tourism Economy 5 3. Strategic Market Timing: Miami Riverbridge Analysis 6 4. Methodology and Data Sources 7 5. EconomiclmpactAnalysis 8 6. Fiscal Impact Analysis 7. Build -Out Cost Projections 9 10 8. Pro Forma Financial Projections 11 9. Sensitivity Analysis 12 10. Community Redevelopment Agency Benefits 13 11. Qualitative Benefits 17 12. Conclusions and Recommendations 18 Appendix A: Data Sources and References 19 Appendix B: TIF Revenue Projections 20 2 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 72 Freedom Center at Gale Miami Hotel 4.4.4: BusinessFlare® Executive Summary The Freedom Center at Gale Miami Hotel represents a strategic opportunity to establish a 42,000 square foot convention and exhibition facility on the seventh floor of Downtown Miami's newest landmark tower. This economic impact study quantifies the facility's projected contribution to Miami -Dade County's economy using industry -standard input-output modeling and locally -calibrated multipliers from Lightcast. Key Findings Metric Value Project Scope 42,000 SF - Floor 7, Gale Miami Hotel Direct Visitor Spending (Annual, Stabilized) $11.8M — $30.7M Total Economic Output (Annual) $24.1M — $62.7M Jobs Supported (Annual) 118 — 308 FTE Labor Income Generated (Annual) $6.8M — $17.7M Annual Incremental Tax Revenue (All Jurisdictions) $0.85M — $1.8M Total Build -Out Investment $7.5M CRA Grant Contribution (Overtown/Park West) $3.5M Developer Contribution (Sixth Street Miami Partners) $4.0M Total Project Cost $7.5M 16-Year Cumulative TIF (Scenario A: Cost Escalation Only) $1.65M 16-Year Cumulative TIF (Scenario B: Conservative Base) $1.98M 16-Year Cumulative TIF (Scenario C: Stabilized Performance) $2.9M Strategic Market Timing The Freedom Center enters the market at a uniquely advantageous moment. The Miami Riverbridge development agreement initiates a multi -year redevelopment of the James L. Knight Convention Center, creating a 5-7 year period during which Downtown Miami's primary convention facility will be offline. The Freedom Center serves a critical market stewardship role: • Market Continuity: Maintains convention and exhibition business in Downtown Miami during the Knight Center construction period, preventing market atrophy and loss of business to competing destinations. • Demand Cultivation: Establishes and validates the downtown Worldcenter location for events, building client relationships and repeat business that will benefit the entire market. • Focused Positioning: At 42,000 SF on a single floor, the Freedom Center serves the mid -market segment with a nimble, hotel -integrated operating model ideally suited to trade shows, expos, and civic gatherings. • Rising Tide Effect: When Miami Riverbridge opens, expected in the early 2030s, it will inherit a stronger, more established downtown meetings market. Community Redevelopment Agency Benefits Located within the Overtown/Park West CRA, the Freedom Center advances agency objectives including job creation, space activation, and tax base expansion. Under the conservative base case (Scenario B), the project generates $1.98 million in cumulative TIF revenue over 16 years; under stabilized performance assumptions (Scenario C), TIF increases to $2.89 million. With 189 FTE jobs supported annually in the regional economy, concentrated first within the Overtown/Park West CRA boundary and radiating outward through Downtown 3 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 73 4.4.b Freedom Center at Gale Miami Hotel BusinessFlare® Miami, and total annual incremental tax impact of $1.1 million across all jurisdictions, a CRA grant contribution of $3 million is well -supported by the evidence. The project's capital structure is straightforward: $3.5 million from the Overtown/Park West CRA and $4.0 million from Sixth Street Miami Partners fund the complete $7.5 million build -out. The developer is additionally funding infrastructure improvements on adjacent floors, bringing total private commitment to approximately $5.0 to $5.7 million. 1. Introduction and Project Overview 1.1 Project Description The Freedom Center at Gale Miami Hotel & Residences is a 42,000 square foot convention and exhibition venue occupying the seventh floor of a 51-story landmark tower in the heart of Downtown Miami, adjacent to Miami Worldcenter and centrally located near all major transit stations. The facility is purpose-built to serve trade shows, expos, large civic gatherings, and mid -sized corporate and association events, with state-of-the-art audio, visual, climate control, and logistics infrastructure. The project is owned and developed by Sixth Street Miami Partners, doing business as the Freedom Center. Freedom Center Specifications Detail Total Exhibition Space 42,000 SF (Floor 7) Floor Configuration Single floor, 42,000 SF Ceiling Height 14-foot exposed ceilings Floor Finish Polished concrete floors Views / Outdoor Space Sweeping balconies, panoramic skyline/bay views Maximum Capacity Up to 1,000 standing (single floor) Building Infrastructure Advanced smart -building, dedicated office lobby Access / Security Three exclusive elevators, 24-hour secured access 1.2 Gale Miami Hotel & Residences Context The Freedom Center is integrated within Gale Miami Hotel & Residences, a 51-story landmark tower blending luxury hospitality with modern residential living. The property features 688 residences (337 in the hotel program), multiple dining venues, rooftop amenities, and 24-hour valet parking. The hotel's on -site conference facilities (a separate 20,000 SF Gale Conference Center with up to 13 partitionable rooms) complement the Freedom Center's seventh -floor exhibition space, enabling the combined property to serve events from boardroom meetings to large-scale convention gatherings. 2. Market Context: Miami -Dade Tourism Economy 2.1 Tourism Industry Overview Miami -Dade County's tourism industry achieved record performance in 2024, establishing the economic foundation that supports convention and exhibition activity. According to the Greater Miami Convention & Visitors Bureau's 2024 Visitor Industry Overview, the destination welcomed 28.2 million visitors who generated $22.0 billion in direct spending, a 4% increase over 2023 and 23% above pre -pandemic 2019 levels. 4 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 74 Freedom Center at Gale Miami Hotel 4.4.4: BusinessFlare® Metric 2024 2023 YoY Total Visitors 28.2 million 27.2 million +4% Overnight Visitors 20.1 million 19.3 million +4% Total Visitor Spending $22.0 billion $21.1 billion +4% Total Economic Impact $31.1 billion $29.6 billion +5% Jobs Supported 209,000+ +10% Total Tax Revenue $5.2 billion Source: GMCVB Visitor Industry Overview 2024 2.2 Visitor Spending Patterns Convention and exhibition attendees demonstrate spending patterns aligned with international overnight visitors. This analysis uses the international visitor benchmark ($473 per visit) as the basis for daily attendee spending, reflecting business travel characteristics: hotel stays rather than staying with friends/family, business expense accounts, and destination -focused itineraries. Category Domestic Int'I FL Resident Average Lodging $423 $473 $181 $359 Food & Beverage $199 $214 $72 $163 Transportation $89 $162 $66 $99 Entertainment $56 $64 $46 $55 Shopping $85 $167 $90 $105 Total Per Visit $852 Source: GMCVB Visitor Industry Overview 2024 $1,080 $455 $780 2.3 Hotel Market Performance The Downtown Miami/Brickell hotel submarket achieved 73.7% occupancy with an Average Daily Rate of $241.59 through October 2025 YTD. Miami -Dade County ranks #4 nationally in both ADR ($222.04) and RevPAR ($163.79) among the Top 25 U.S. hotel markets, providing a strong lodging infrastructure to support Freedom Center event attendees. 5 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 75 Freedom Center at Gale Miami Hotel 4.4.b BusinessFlare® 3. Strategic Market Timing: Miami Riverbridge Analysis 3.1 Miami Riverbridge Development Overview On June 12, 2023, the Miami City Commission approved Resolution 13923, authorizing a 99-year ground lease for the comprehensive redevelopment of the James L. Knight Convention Center into the $1.7 billion Miami Riverbridge project. This creates a 5-7+ year gap in Downtown Miami's convention capacity, a window the Freedom Center is uniquely positioned to fill. Milestone Base Deadline Extension Available Commencement Conditions 30 months from Effective Date Up to 18 months Demolition Completion 12 months after start Up to 12 months Substantial Completion 4 years after construction Up to 24 months Event planners book 18-36 months in advance. Clients displaced by the Knight Center closure are making venue decisions now for their 2027 and 2028 events. Without viable downtown convention space, those decisions will default to Fort Lauderdale, Orlando, and Miami Beach; and once established elsewhere, event organizers have little incentive to return. 4. Methodology and Data Sources 4.1 Input -Output Modeling Framework This analysis employs regional input-output modeling using Miami -Dade Lightcast 2024 multipliers, separating effects into Direct Effects (initial attendee spending), Indirect Effects (business -to -business supplier spending), and Induced Effects (consumer spending by workers whose incomes derive from direct and indirect activity). Industry (NAICS) Type II Direct Indirect Induced Hotels & Motels (721110) 1.316 2.002 1.000 0.316 0.686 Full -Service Restaurants (722511) 1.397 2.021 1.000 0.397 0.624 Event Venues (711310) 1.590 2.239 1.000 0.590 0.649 Weighted Average 1.367 2.040 Source: Lightcast 2024 Regional Multipliers, Miami -Dade County, FL 4.2 Key Assumptions 1.000 0.367 0.673 Parameter Assumption Facility Scope 42,000 SF (Floor 7) Average Daily Attendee Spending $473 (GMCVB Int'I Visitor benchmark) Average Length of Stay 2.5 nights (industry standard) Average Event Attendance 500 attendees per event Total Output Multiplier 2.04 (Lightcast weighted) Hotel ADR (Downtown Miami) $241.59 (GMCVB/STR, Oct 2025 YTD) 6 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 76 Freedom Center at Gale Miami Hotel 4.4.4 BusinessFlare® 5. Economic Impact Analysis 5.1 Operating Scenarios The Moderate scenario of 60 event days represents the most likely stabilized performance for a 42,000 SF single - floor facility, translating to approximately 24 events annually with an average duration of 2.5 days. This utilization rate is appropriately conservative for a facility in its early operational years in a competitive urban market and allows meaningful upside as the Freedom Center establishes itself as Downtown Miami's premier mid -market event venue. Scenario Event Days Events/Year Total Attendance Utilization Conservative 40 20 25,000 11% Moderate 60 24 40,000 16% Strong 80 32 55,000 22% Optimistic 95 38 65,000 26% 5.2 Direct Visitor Spending At the Moderate scenario, 40,000 annual attendees will inject $18.9 million in new spending into the Miami -Dade economy. The concentration of spending on lodging (46%) and food and beverage (21%) directly benefits Downtown Miami's hospitality sector, with the Gale Miami Hotel well -positioned to capture a significant share of on -site lodging and dining revenue. Category Conservative Moderate Strong Optimistic Lodging (46%) $5.4M $8.7M $12.0M $14.1M Food & Beverage (21%) $2.5M $4.0M $5.5M $6.5M Transportation (13%) $1.5M $2.5M $3.4M $4.0M Shopping (13%) $1.5M $2.5M $3.4M $4.0M Entertainment (7%) $0.8M $1.3M $1.8M $2.1M Total Direct Spending $11.8M $18.9M $26.0M $30.7M 5.3 Total Economic Output The Lightcast weighted 2.04 total output multiplier means every dollar of direct visitor spending generates an additional $1.04 in economic activity circulating through the local economy. At the Moderate scenario, $18.9 million in direct spending grows to $38.6 million in total economic output. Effect Type Conservative Moderate Strong Optimistic Direct Effects $11.8M $18.9M $26.0M $30.7M Indirect Effects $4.3M $6.9M $9.5M $11.3M Induced Effects $7.8M $12.7M $17.5M $20.7M Total Economic Output $24.1M $38.6M 7 $53.1M $62.7M Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 77 Freedom Center at Gale Miami Hotel 4.4.b BusinessFlare® 5.4 Employment Impact Employment Category Conservative Moderate Strong Optimistic Direct Jobs 65 87 119 141 Indirect Jobs 18 24 33 39 Induced Jobs 35 78 108 128 Total Jobs Supported 118 5.5 Labor Income 189 260 308 Income Category Conservative Moderate Strong Optimistic Direct Labor Income $3.8M $5.1 M $7.OM $8.3M Indirect Labor Income $1.4M $1.8M $2.6M $3.1M Induced Labor Income $1.6M $4.0M $5.4M $6.3M Total Labor Income 6. Fiscal Impact Analysis 6.1 Tax Structure Overview $6.8M $10.9M $15.0M $17.7M Tax Rate Base Collector Convention Development Tax 3% Hotel room rentals Miami -Dade County Tourist Development Tax 2% Hotel room rentals Miami -Dade County Professional Sports Tax 1% Hotel room rentals Miami -Dade County Florida State Sales Tax 6% All taxable goods/services State of Florida Miami -Dade Surtax 1% All taxable Miami -Dade County goods/services 6.2 Projected Incremental Tax Revenue Tax revenue projections reflect only the incremental contribution from out-of-town visitors whose hotel stays and spending represent new activity to Miami -Dade County. The Gale Hotel's existing room inventory is already operating and generating bed tax revenue; this analysis captures only the Freedom Center -attributable increment. Using a conservative assumption that 60% of Freedom Center attendees are out-of-town visitors (24,000 at the Moderate scenario), incremental direct spending is $11.35 million at the Moderate scenario. Bed taxes (CDT, TDT, Professional Sports) are applied to the lodging share of incremental spending only; state and county sales taxes are applied to total incremental spending. Tax Category Conservative Moderate Strong Optimistic Convention Dev. Tax (3%) $94K $157K $204K $242K Tourist Dev. Tax (2%) $63K $104K $136K $161K State Sales Tax (6%) $567K $681K $938K $1,108K County Surtax (1%) $94K $114K $156K $185K Total Incremental Tax Revenue $0.85M $1.1M $1.53M $1.8M 8 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 78 Freedom Center at Gale Miami Hotel 4.4.b; BusinessFlare® Note: Total attendee economic activity ($18.9M direct spending, Moderate scenario) is reported in Section 5 as a measure of total economic impact. The incremental tax figures above are the more conservative and technically correct basis for fiscal contribution analysis, given the Gale Hotel's existing operations. Over a 10-year stabilized operating period, cumulative incremental tax generation under the Moderate scenario reaches $11.1 million. 7. Build -Out Cost Projections The $7.5 million build -out cost represents the full investment required to convert 42,000 SF of Floor 7 into a Class A convention and exhibition facility, at a rate of $179 per square foot. The $3.5 million CRA grant and $4 million developer contribution together fund the complete build -out with no additional private capital required. In addition, Sixth Street Miami Partners is independently funding HVAC distribution, electrical upgrades, additional bathrooms, and a connecting staircase on adjacent floors —estimated at $500,000 to $1.2 million — bringing total developer investment to approximately $5.0 to $5.7 million. Component Floor 7 Core Construction & Fit -Out MEP & Infrastructure FF&E and Technology Soft Costs & Contingency Amount $5,040,000 $1,100,000 $900,000 $460,000 Notes '$120/SF x 42,000 SF Electrical, HVAC, plumbing distribution AV, lighting, furniture, event infrastructure Design, permitting, contingency Total Build -Out Investment $7,500,000 $179/SF blended rate Estimates based on South Florida convention center construction costs, Q12026. Floor 7 only. Construction cost estimates are being finalized and will be provided prior to board presentation. The build -out investment generates a one-time construction -period economic stimulus. The estimated $35-37 million in total construction -period output can support 73-80 temporary construction job -years, injecting $9.4- 10.3 million in labor income into the local economy prior to opening. 8. Pro Forma Financial Projections 8.1 Revenue Projections Projected annual revenue of $1.71—$4.65 million positions the Freedom Center competitively within the mid - market convention facility segment. The 42,000 SF single -floor configuration supports efficient operations scaled to the facility's footprint, while maintaining capacity to serve events from corporate meetings to large-scale trade shows. Revenue Category Facility Rental Food & Beverage (net) AV & Technology Services Other Revenue Conservative (40 days) $855,000 $428,000 $257,000 $171,000 Moderate (60 days) $1,400,000 $700,000 $420,000 $280,000 % Mix 50% 25% 15% 10% Total Revenue $1,711,000 $2,800,000 100% 9 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 79 Freedom Center at Gale Miami Hotel 4.4.b; BusinessFlare® Revenue projections based on industry benchmarks for Class A exhibition facilities in hotel -integrated environments, scaled to 42,000 SF. 8.2 Operating Expenses and NOI A 63% operating expense ratio reflects the labor-intensive nature of convention facility management. The 37% NOI margin ($0.63M—$1.72M annually, across scenarios) demonstrates operational viability and confirms that CRA participation addresses a one-time capital gap, not an ongoing operating subsidy. Category Labor & Benefits Utilities & Maintenance Sales & Marketing Insurance & Ad min F&B Cost of Goods Other Operating Conservative $513,000 $137,000 $103,000 $86,000 $171,000 $69,000 Moderate % Rev $840,000 $224,000 $168,000 $140,000 $280,000 $112,000 30% 8% 6% 5% 10% 4% Total Operating Expenses Net Operating Income $1,079,000 $632,000 $1,764,000 $1,036,000 63% 37% 9. Sensitivity Analysis 9.1 Comprehensive Scenario Comparison Metric Annual Event Days Total Attendance Direct Spending Total Economic Output Jobs Supported Incremental Tax Revenue (60% out-of-town) Conservative Moderate Strong 40 25,000 $11.8M $24.1M 118 $0.85M 60 40,000 $18.9M $38.6M 189 $1.1M 80 55,000 $26.OM $53.1 M 260 $1.53M Optimistic 95 65,000 $30.7M $62.7M 308 $1.8M Net Operating Income $0.63M $1.04M $1.45M $1.72M 9.2 Key Variable Sensitivity • Each additional 20 event days generates approximately $3.15M in additional direct spending and $6.4M in additional total economic output. • A 10% increase in average event attendance increases all economic metrics proportionally. • The analysis uses international visitor spending ($473/day). A domestic -only mix would reduce per -person spending to approximately $341/day, reducing Moderate scenario direct spending to —$13.6M. 10 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 80 4.4.4 Freedom Center at Gale Miami Hotel BusinessFlare® 10. Community Redevelopment Agency Benefits The CRA's primary public benefit mandate is job creation accessible to Overtown/Park West residents. The Freedom Center delivers on that mandate at a scale and depth that few single projects can match. The 189 FTE supported annually under the Moderate scenario represents direct, indirect, and induced employment- but the character of those jobs, who holds them, and how they connect to the surrounding community requires more than a headline number. 10.1 Occupational Composition of Direct Employment Of the approximately 87 direct FTE at the Freedom Center, Food and Beverage operations represent the largest category at roughly 20 to 25 positions, including the Executive Catering Chef, sous chefs, line cooks, banquet servers, and bartenders. Event Operations accounts for approximately 12 positions across event directors, coordinators, and setup crews. Security and Guest Services adds 14 FTE including licensed security officers and front -of -house staff. Facilities and Maintenance accounts for 10 FTE. AV and Technology contributes 6 skilled -trade positions. Management and Administration rounds out the remaining 8 to 9 permanent leadership and finance roles. This distribution matters for the CRA because the largest single occupation at the facility- banquet server, approximately 12 to 16 FTE equivalent - is both the most accessible entry point for Overtown/Park West residents and one of the better -compensated hourly hospitality positions available in Miami -Dade. Unlike restaurant tipped workers, convention banquet servers operate under mandatory service charge structures (typically 22 to 24 percent added to food and beverage billings), which distributes guaranteed income rather than discretionary gratuities. A full-time equivalent banquet server working a stabilized 24-event calendar earns meaningfully more per hour than their counterpart in a restaurant setting - a distinction that is economically significant for households in a neighborhood where median income runs approximately $28,000 to $35,000. 10.2 Career Pathway Structure The Freedom Center creates a four -tier employment ladder, each rung accessible from the one below through performance and incremental training rather than credential barriers: Entry -tier positions ($26,000—$38,000) include custodial and housekeeping staff, banquet servers, line cooks, food prep workers, security officers, valet attendants, and guest services. The primary hiring barriers for these roles are reliability and basic certifications - ServSafe food handler certification costs approximately $15 to $25 and can be obtained online; the Florida Class D security license requires 40 hours of training and approximately $150 in fees. These 28 to 34 positions are the facility's deepest connection to the Overtown/Park West labor pool and are accessible to individuals with limited formal education, including returning citizens. Skilled and experienced positions ($38,000—$58,000) include AV technicians, maintenance technicians, sous chefs, banquet captains, event coordinators, sales coordinators, security supervisors, and administrative staff. These positions typically require one to three years of experience in an adjacent role, plus specific certifications: Certified Technology Specialist (CTS) through AVIXA for AV roles; EPA 608 certification for maintenance workers doing HVAC work; Food Handler Manager designation for kitchen supervisors. Critically, most of these positions can be filled by promoting Tier 1 workers who demonstrate performance over 12 to 24 months. A community hiring agreement that includes an explicit internal -promotion preference before external recruitment for this tier would meaningfully expand the career ceiling for CRA-area residents who enter at the bottom of the ladder. Professional and management positions ($52,000—$92,000) include the F&B Director, AV Director/Technical Director, event managers, senior sales managers, facilities manager, controller, and assistant general manager - approximately 12 positions in total. This tier requires hospitality management experience or a relevant degree, with FIU's Chaplin School of Hospitality and Tourism Management (nationally ranked top 10) and Miami Dade College as the primary local pipelines. Senior leadership ($72,000—$105,000) covers the General Manager, Director of Sales, and Executive Catering Chef- three to four positions recruited from Miami-Dade's broader convention and hospitality market. 11 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 81 4.4.4: Freedom Center at Gale Miami Hotel BusinessFlare® 10.3 Industry Validation of Staffing Projection The 87 FTE direct employment figure is independently validated by standard convention industry benchmarks. The IAEE and PCMA convention management benchmarks indicate one direct FTE per $43,000 to $48,000 in annual facility revenue. Applied to the Freedom Center's Moderate scenario revenue of $2.80 million, this implies approximately 58-65 core direct FTE - consistent with the model's 87 direct FTE when event -day equivalent staffing is included. This revenue -per -employee benchmark provides independent confirmation that the staffing projection is internally consistent with industry operating norms, not an inflated number constructed to support the investment case. At 2.07 direct FTE per 1,000 square feet, the Freedom Center falls at the higher end of the documented range for mid -size convention and conference facilities (1.0 to 2.2 FTE per 1,000 SF), reflecting the hotel -integrated model where food, beverage, and event services are more intensive per square foot than standalone convention halls. 10.4 Event -Day Labor Activation The 189 FTE annual figure represents stabilized employment equivalent - the workforce required to operate the facility across a full calendar year. On any individual event day, the labor activation is substantially larger. A single major event serving 500 to 1,000 attendees will activate 30 to 50 Freedom Center staff, 10 to 20 third -party vendor personnel (AV, decor, entertainment), and 15 to 30 exhibitor or sponsor staff from the booking organizations. Across the Moderate scenario's 60 event days per year, this represents approximately 1,800 to 3,000 individual worker -event engagements annually— positions concentrated in server, setup, AV support, security, and registration roles directly accessible to Overtown/Park West residents. This figure is additive to the 189 FTE count and represents a labor market activation benefit not captured in the primary impact model. 10.5 Geographic Distribution The geographic distribution of jobs across the four tiers reflects realistic hiring patterns for a convention facility at this location. Overtown/Park West CRA residents, with proximity to the Worldcenter site and concentration in the entry-level and service workforce, stand to capture 35 to 42 percent of direct FTE positions without a formal hiring agreement, and 40 to 55 percent with one - translating to approximately 35 to 48 direct jobs for CRA-area residents. The facility also activates the supplier ecosystem in Miami-Dade's event services economy: AV and equipment rental companies concentrated in the Wynwood and Design District corridors, food and beverage distributors operating out of Doral and Airport West, and professional services firms throughout Downtown, collectively accounting for the 24 indirect FTE in the model. Geographic Zone Zone Definition Est. Jobs (Moderate) Cumulative Tier 1: Overtown/Park West CRA Tier 2: Inner Downtown Core Tier 3: Greater Downtown Miami Tier 4: Miami -Dade County (Broader) CRA boundary (-0-0.5 mi) Downtown/Brickell/Wynwood (0.5-1.0 mi) Little Havana/Edgewater/upper Brickell (1-2 mi) Indirect/induced effects county -wide (2+ mi) -35-48 FTE -50-65 FTE -35-48 FTE -85-113 FTE - 35-45 FTE-120-158 FTE -31-69 FTE 189 FTE (Total) * Approximately40-55% of direct jobs align with workforce skills prevalent in Overtown/Park West. Local hiring commitments should target Tier 1 and Tier 2 residents. 12 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 82 Freedom Center at Gale Miami Hotel 4.4.4: BusinessFlare® 10.6 Capital Structure and Financing Source Type Amount % of Total Overtown/Park West CRA Grant / Contribution $4,000,000 53% Sixth Street Miami Partners Total Build -Out Private Equity Contribution $ 3, 500,000 $7,500,000 47% 100% Capital structure note: The $3.5 million CRA grant and $4 million developer contribution (Sixth Street Miami Partners) together fund the complete $7.5 million build -out of Floor 7. The developer's additional infrastructure investments on adjacent floors bring total private commitment to approximately $5.0 to $5.7 million; equaling or exceeding the CRA grant amount. 10.7 Community Hiring Cascade The Freedom Center's position within the Overtown/Park West CRA creates both the obligation and the opportunity to implement a structured community hiring preference. As a condition of the $3 million CRA grant, the developer and operator commit to a best-efforts hiring cascade that prioritizes local residents in the following order: Priority 1 - Overtown/Park West CRA Residents. The first and primary hiring preference applies to residents living within the Overtown/Park West CRA boundary, generally bounded by 1-395 to the north, the Miami River to the south, 1-95 to the west, and Biscayne Boulevard to the east. This population has the most direct claim on the public investment and the most to gain from employment access at a facility of this scale and permanence. Priority 2 - City of Miami Residents in Adjacent ZIP Codes. Where CRA-boundary residents cannot be identified or qualified for a given position, hiring preference extends to City of Miami residents in the immediately adjacent ZIP codes - principally 33127 (Wynwood/Edgewater), 33130 (Little Havana/Riverside), 33132 (Downtown/Biscayne), and 33136 (Health District/Allapattah). Priority 3 - City of Miami Residents Countywide. The third tier extends the preference to all remaining City of Miami residents before the search broadens to the wider county labor market. Priority 4 - Miami -Dade County Residents. Only after exhausting best-efforts outreach through the first three tiers does hiring proceed on an unrestricted county -wide basis. This cascade applies to all direct employment positions and, where contractually enforceable, to the hiring practices of primary contractors and vendors providing services at the facility. Implementation Mechanisms. Best-efforts compliance is most effective when tied to specific process requirements rather than numeric targets, which are difficult to enforce and create legal exposure. Recommended mechanisms include: posting all open positions with the Miami -Dade CareerSource network and SEOPW CRA job board for a minimum of 10 business days before external advertising; participating in at Ieast two CRA-area job fairs per year; partnering with Miami -Dade College, FIU, and Miami Dade County Public Schools' career and technical education programs for entry-level pipeline development; and submitting an annual workforce report to the CRA documenting the residential distribution of hires by tier. Promotion Preference. The hiring cascade should also extend to internal promotion decisions. Before recruiting externally for Tier 2 skilled and experienced positions, the operator should demonstrate best-efforts consideration of current employees who entered at Tier 1 - converting what would otherwise be a static entry-level workforce into a genuine career mobility pathway for Overtown/Park West residents. 10.8 TIF Revenue Projections The build -out generates new taxable value flowing to the CRA through the TIF mechanism. The combined City of Miami (7.1364 mills) and Miami -Dade County (4.574 mills) millage captured at 95% yields an effective rate of 11.1295 mills on incremental taxable value. 13 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 83 Freedom Center at Gale Miami Hotel 4.4.b; BusinessFlare® Scenario A: Cost Escalation Only. The cost -based taxable value grows at 5.5% annually throughout the full 16-year period, reflecting propertyvalue appreciation without any assumption about income -based revaluation. This is the most conservative possible floor. The project generates $1.65 million in cumulative TIF revenue over 16 years. Scenario B: Conservative Base Case. Years 1 and 2 use cost -based valuation derived from the build -out investment. Beginning Year 3, the model transitions to income approach valuation using Moderate NOI ($1.04M) at a 7% capitalization rate. The project generates $1.98 million in cumulative TIF revenue over 16 years. Scenario C: Stabilized Performance Case. Conservative performance in Years 1 and 2, Moderate in Years 3 through 5, and Strong performance from Year 6 forward with cap rate compression from 7% to 6%. The project generates $2.89 million in cumulative TIF revenue over 16 years. 10.9 Return on CRA Investment Return Metric Value Annual Direct Spending Generated (Moderate) Annual Incremental Tax Revenue (Out -of -Town Visitors) Annual Jobs Supported (Moderate) Annual Labor Income (Moderate) 10-Year Cumulative Economic Output 16-Year Cumulative TIF (Scenario A: Cost Escalation Only) 16-Year Cumulative TIF (Scenario B: Conservative Base) 16-Year Cumulative TIF (Scenario C: Stabilized Performance) $18.9M $1.1M 189 FTE $10.9M $386M $1.65M $1.98M $2.89M Total Build -Out Investment $7.5M CRA Grant as % of 10-Year Economic Output Cost per Permanent Job (189 FTE) 1.0% $15,873 per job The $3 million CRA grant translates to $15,873 perjob created — below the approximately $24,000 combined public investment perjob authorized under Florida's Qualified Target Industry (MI) program and consistent with comparable economic development incentive programs statewide. Cost -per -job is one measure of investment efficiency. The full case rests on the combination of TIF recovery ($1.6M to $2.9M over 16 years depending on scenario), $1.1 million in annual incremental tax revenue, $38.6 million in total annual economic output, 189 permanent jobs concentrated in and around the CRA, and the market continuity value of preserving Downtown Miami's convention industry during the Knight Center transition period. 10.10 Capital Gap, Not Operating Subsidy The Freedom Center will operate profitably once constructed. CRA participation addresses a capital gap for accelerated build -out, not an ongoing operating deficit. CRA investment is a one-time grant that unlocks a self- sustaining operation generating returns for decades. 10.11 Market Timing and Accelerated Build -Out The Knight Center closure creates a narrow window during which Downtown Miami risks losing convention market share. CRA capital participation enables accelerated construction timelines that conventional private 14 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 84 4.4.b Freedom Center at Gale Miami Hotel BusinessFlare® financing cannot match. The difference between a 2027 opening and a 2028 opening may determine whether Downtown Miami maintains market continuity or cedes ground to Fort Lauderdale, Orlando, and Miami Beach. 10.12 Justification for $3 Million CRA Grant Contribution Proportional to Economic Return: $386M in cumulative 10-year economic output. A $3.5M CRA grant represents 1.0%of that return. Proportional to TIF Return: Under the Conservative Base Case (Scenario B), TIF reaches $1.98M over 16 years. Under the Stabilized Performance Case (Scenario C), TIF reaches $2.9M. The primary investment case rests on $1.1M in annual incremental tax revenue across all jurisdictions, totaling $11.1 M over 10 years. Proportional to Job Creation: $15,873 per job created —below the QTI benchmark of —$24,000 combined public investment per job. Market Risk Mitigation: CRA investment directly mitigates the quantifiable risk of Downtown Miami losing convention market share during the Knight Center transition. Each year of delay allows competing destinations to capture client relationships that may not return. Operational Viability: Positive NOI at stabilized occupancy confirms CRA participation is a one-time grant to complete the build -out, not a recurring subsidy. A $3.5 million CRA grant unlocks $38.6 million in annual economic output, 189 permanent jobs concentrated in and around the Overtown/Park West CRA, $1.65 to $2.89 million in direct TIF over 16 years depending on operational performance, $1.1 million in annual incremental tax revenue, and the preservation of Downtown Miami's convention market during its most vulnerable transition period. 11. Qualitative Benefits 11.1 Market Stewardship and Continuity Without mid -sized convention capacity in Downtown Miami during the Knight Center redevelopment, the destination risks client relationship atrophy, market perception damage, and competitive displacement. The Freedom Center directly addresses this risk. 11.2 Destination Enhancement Live -Work -Play Integration: Seamless access to accommodations, dining, and events within a single 51-story mixed - use tower. • Connectivity Hub: Proximity to Brightline, Metromover, Miami Worldcenter, and PortMiami. • Complementary to Miami Riverbridge: Events that start at the Freedom Center may grow over time into larger conventions served by the future Miami Riverbridge facility. 11.3 Community and Cultural Benefits • Art and Cultural Fairs: Gallery -style configurations support art fairs, cultural exhibitions, and community celebrations. • Educational Programming: Academic summits and professional development conferences support lifelong learning and workforce development. • Civic Engagement: Space for community forums and public engagement events. 15 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 85 4.4.4 Freedom Center at Gale Miami Hotel BusinessFlare® 12. Conclusions and Recommendations 12.1 Summary of Findings The Freedom Center at Gale Miami Hotel (Floor 7, 42,000 SF) will generate substantial economic benefits at stabilized operations under the Moderate scenario: $18.9 million in annual direct visitor spending; $38.6 million in total annual economic output; 189 FTE jobs supported annually; $10.9 million in annual labor income; $1.1 million in annual incremental tax revenue; and $1.6 to $2.9 million in cumulative TIF over 16 years depending on operational performance. The complete $7.5 million build -out is funded by a one-time $3.5 million CRA grant and $4 million from Sixth Street Miami Partners, with no additional private capital required. 12.2 Recommendations • Approve the $3.5 million CRA grant contribution to fund the build -out of Floor 7. • Negotiate community hiring commitments targeting Tier 1 (Overtown/Park West CRA) and Tier 2 (Inner Downtown Core) residents for direct employment. Target stabilized operations at the Moderate scenario (60 event days) as the planning baseline, with infrastructure supporting the Strong scenario. Coordinate with the GMCVB for destination marketing support and client referrals from displaced Knight Center business. 16 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 86 4.4.4: Freedom Center at Gale Miami Hotel BusinessFlare® Appendix A: Data Sources and References 1. Sixth Street Miami Partners / Freedom Center. Project Description and Facility Specifications. Floor plans, capacity data, and build -out scope provided by developer. 2. GMCVB. Visitor Industry Overview 2024. Prepared with data from Integrated Insight Inc., STR, and IMPLAN. 3. GMCVB. Miami -Dade Occupancy by Region, October 2025. Data from STR. 4. GMCVB. Analysis of Miami -Dade Tourist Taxes, Fiscal Year 2023/24. 5. Lightcast. 2024 Regional Multipliers, Miami -Dade County, FL. 6. City of Miami. Resolution 13923 and Ground Lease Agreement. Approved June 12, 2023. Limitations This analysis relies on the following key assumptions: (1) Attendee spending patterns align with GMCVB international visitor benchmarks, consistent with convention industry practice; (2) Average event attendance of 500 with 2.5-day average duration, based on facility capacity analysis; (3) Multiplier effects remain stable over the projection period; (4) No material changes to the Miami -Dade tax structure. Attendance and utilization projections are order -of -magnitude estimates appropriate for feasibility analysis. Actual results may vary based on market conditions, operator execution, and facility positioning. The Gale Conference Center (20,000 SF, 13 rooms) is a separate facility and is not included in this analysis. 17 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 87 Freedom Center at Gale Miami Hotel 4.4.4 BusinessFlare® Appendix B: TIF Revenue Projections Modeling Assumptions Parameter Value / Source City of Miami Millage Miami -Dade County Millage CRA TIF Capture Rate Effective TIF Rate Taxable Share of Improvements 7.1364 mills (FY2025 adopted rate) 4.574 mills (FY2025 adopted rate) 95% (Overtown/Park West CRA) 11.1295 mills (combined x 95%) 80% (conservative assumption) Total Build -Out Cost $7.5M Cost -Based Taxable Value (Yr 1) Annual Growth Rate Cap Rate (Scenarios B and C base) Cap Rate (Scenario C stabilized) Moderate NOI (Scenario B/C income approach) Strong NOI (Scenario C, Yr 6+) $6.0M ($7.5M x 80%) 5.5% property value appreciation 7.0% income approach 6.0% strong performance adjustment $1,036,000 $1,445,775 (estimated) Scenario A: Cost Escalation Only The most conservative scenario. No income approach is applied at any point. The cost -based taxable value grows at 5.5% annually throughout the full 16-year CRA period. This is the absolute floor for TIF projections. Year Taxable Value Annual TIF Revenue 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 $6,000,000 $6,330,000 $6,678,150 $7,045,448 $7,432,948 $7,841,760 $8,273,057 $8,728,075 $9,208,119 $9,714,566 $10,248,867 $10,812,554 $11,407,245 $12,034,643 18 $66,777 $70,450 $74,324 $78,412 $82,725 $87,275 $92,075 $97,139 $102,482 $108,118 $114,065 $120,338 $126,957 $133,940 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 88 Freedom Center at Gale Miami Hotel 4.4.4 BusinessFlare® 2041 2042 16-Year Total $12,696,549 $13,394,859 Year Valuation Basis 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 Cost Cost Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) Income (7% cap) 16-Year Total Year Valuation Basis 2027 Cost 2028 Cost 2029 Income (7% cap, Moderate) 2030 Income (7% cap, Moderate) 2031 Income (7% cap, Moderate) 2032 Income (6% cap, Strong) 2033 Income (6% cap, Strong) 2034 Income (6% cap, Strong) 2035 Income (6% cap, Strong) 2036 Income (6% cap, Strong) 2037 Income (6% cap, Strong) 2038 Income (6% cap, Strong) $141,306 $149,078 $1,645,461 Taxable Value Annual TIF Revenue $6,000,000 $6,330,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $11,840,000 $66,777 $70,450 $131,773 $131,773 $131,773 $131,773 $131,773 $131,773 $131,773 $131,773 $131,773 $131,773 $131,773 $131,773 $131,773 $131,773 $1,982,053 Taxable Value Annual TIF Revenue 19 $6,000,000 $6,330,000 $11,840,000 $11,840,000 $11,840,000 $19,277,000 $19,277,000 $19,277,000 $19,277,000 $19,277,000 $19,277,000 $19,277,000 $66,777 $70,450 $131,773 $131,773 $131,773 $214,543 $214,543 $214,543 $214,543 $214,543 $214,543 $214,543 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 89 4.4.4 Freedom Center at Gale Miami Hotel BusinessFlare® 2039 2040 2041 2042 Income (6% cap, Strong) Income (6% cap, Strong) Income (6% cap, Strong) Income (6% cap, Strong) $19,277,000 $19,277,000 $19,277,000 $19,277,000 $214,543 $214,543 $214,543 $214,543 16-Year Total $2,892,524 Note: Cap rate adjusts from 7% to 6% beginning Year 6 (Strong performance), reflecting reduced operational risk of a proven stabilized asset. Actual Property Appraiser valuations may vary. Scenario B ($1.98M) is the reliable planning floor; Scenario C ($2.89M) represents achievable upside. Actual results are likely to fall within the range of Scenarios B and C. TIF in Context: The Full Fiscal Picture Direct TIF increment represents approximately 15 to 20% of the Freedom Center's total annual fiscal contribution. The full incremental benefit includes Convention Development Tax ($157,000 annually at Moderate scenario), state sales tax ($681,000 annually), county surtax ($114,000 annually), catalytic property value effects throughout the district, and market preservation value during the Knight Center transition. These figures are calculated on the incremental basis of 60% out-of-town attendees only. CRA investment evaluation should weight the full fiscal benefit picture, not TIF alone. 20 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 90 4.4.4 Freedom Center at Gale Miami Hotel BusinessFlare® About BusinessFlare® BusinessFlare® is a collaborative economic development enterprise that approaches Economic Development and Design in away that envisions each community's potential through a refreshing and unique experience based on authenticity, place brand and feasibility. "We design economic spaces for everybody." Since establishing the BusinessFlare® brand in January 2013, Kevin S. Crowder has helped more than 75 communities improve their economic condition, ranging in size from 1,500 to over 600,000. Since 2022 he has performed economic and fiscal analysis on projects representing more than $10 billion in private sector investment in Florida. BusinessFlare's recent CRA engagements include extensions for the Fort Lauderdale, North Miami, and Naranja Lakes CRAs; expansion of the Naranja Lakes, NW 7th Avenue, and West Perrine CRAs; redevelopment advisory for the Homestead CRA; CRA plan development for Palm Springs and Lake Park; and creation of CRAs in Allapattah, South Miami, Sweetwater, and Arcadia. BusinessFlare® is a State of Florida Veteran and Minority Owned Business. Kevin S. Crowder is a veteran of the U.S. Army, where he served in intelligence, and has over 30 years of experience in economic development, redevelopment, and revitalization, including 15 years as the Director of Economic Development and Government Affairs for the City of Miami Beach and the Miami Beach CRA. 21 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 91 MIAMI GREATER MIAMI & MIAMI BEACH GREATER MIAMI CONVENTION & VISITORS BUREAU 4.4.b The Official Accredited Destination Sales & Marketing Organization for Greater Miami & Miami Beach January 29, 2026 SEOPW CRA Board Southeast Overtown/Park West Community Redevelopment Agency 819 N.W. 2nd Avenue, 3rd floor Miami, FL 33136 Dear Chairwoman King and Board Members: On behalf of the Greater Miami Convention & Visitors Bureau (GMCVB), I am pleased to express our support for the proposed development of the Freedom Center at the Gale Miami Hotel & Residences that will provide a conference and convention center within the hotel by repurposing vacant space. The Gale Miami Hotel & Residences is conveniently located behind the Freedom Tower and in the years to come will be cattycorner to the proposed Donald J. Trump Presidential Library. As President & CEO of the GMCVB, our mission is to promote Miami -Dade County as a premier global destination for leisure, business, meetings & conferences, and family travel. This area of Downtown Miami contains iconic hospitality assets such as Bayside Marketplace, the Kaseya Center and the Freedom Tower, attracting domestic and international visitors as well as group meetings that contribute to our local economy. The proposed Freedom Center represents an investment in the future growth of Miami and aligns with Miami -Dade County's tourism and economic development goals. Enhancements of this nature help ensure that our destination remains competitive by offering meeting space for smaller conferences and conventions which generate meaningful economic benefits for our community and supports jobs across hospitality, construction, and other related service sectors. For these reasons, the Greater Miami Convention & Visitors Bureau fully supports the proposed development of the Freedom Center at the Gale Miami Hotel & Residences. Thank you for your consideration. Sincerely, David Whitaker President and CEO Main Office: 201 S. Biscayne Blvd. Suite 2200, FL 33131 USA • Miami Beach: 1901 Convention Center Drive, Miami Beach, FL 33139 USA T. 1.800.933.8448 • T: 305.539.3000 • MiamiandMiamiBeach.com Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 92 4.4.b IMIAMDDA DOWNTOWN DEVELOPMENT AUTHORITY Board of Directors Ralph "Rafael" Rosado Chairman Commissioner, District 4 City of Miami Vicki L. Lopez Commissioner, District 5 Miami -Dade County Suzanne M. Amaducci Bilzin Sumberg T. Spencer Crowley III Akerman Jarred Diamond The Miami HEAT Group Martu Freeman -Parker MEF Productions LLC Patrick Goddard Brightline Arva Suzanne Graham Gibson Arva G. Consulting Amal Solh Kabbani Publicis Groupe, SA Nicolas Katz Skate Free Inc. Maryam Laguna Borrego Miami Dade College Jose Mallea Biscayne Bay Brewing Company Gary Ressler Tilia Companies Melissa Tapanes Llahues Bercow Radell Fernandez Larkin & Tapanes Executive Staff Christina Crespi CEO/Executive Director Ivonne Berrios-Colona CFO/CPO/Board Treasurer Southeast Overtown/Park West Community Redevelopment Agency 819 NW 2nd Avenue, 3rd Floor Miami, FL 33136 Dear Honorable Chairwoman Christine King and Members of the Southeast Overtown/Park West Community Redevelopment Agency Re: Letter of Support — Proposed Freedom Center Gale Miami Hotel & Residences On behalf of the Miami Downtown Development Authority (Miami DDA), we are pleased to submit this letter expressing our strong support for the proposed development of the Freedom Center, a conference and convention center located within the Gale Miami Hotel & Residences in the heart of Downtown Miami. As the agency charged with advancing economic development, business growth, and long-term competitiveness in Downtown Miami, the Miami DDA has witnessed firsthand the rapid transformation of the district. Downtown's residential density, office population, tourism activity, and global visibility have increased dramatically over the past decade. This growth has been further accelerated by Miami's emergence as an international business hub and global destination for major sporting, cultural, and business events. Today, Downtown Miami faces a structural shortage of modern, centrally located, flexible, and affordable conference and convening space. As visitor volumes and business travel continue to rise, demand has outpaced supply —particularly for venues that are accessible, scalable, and financially viable for mid -sized conventions, industry summits, nonprofit convenings, cultural exhibitions, and business gatherings. This gap is further intensified by the anticipated closure of key legacy venues, including the James L. Knight Center and MANA Wynwood, which historically served as anchors for conferences, cultural programming, and large-scale gatherings. Without new capacity coming online, the City risks losing convention bookings, visitor spending, and associated economic activity to competing domestic and international destinations that are actively investing in flexible, purpose-built convening infrastructure. The proposed Freedom Center at the Gale Miami Hotel & Residences offers a timely, strategic, and cost-effective solution to this growing market demand. By leveraging existing vertical infrastructure within an established 51-story mixed -use tower, this project creates a new, centrally located conference asset without the delays, costs, and land constraints associated with ground - up development. �MIAMIDDA DOWNTOWN DEVELOPMENT AUTHORITY 201 S. Biscayne Blvd, Suite 2600 Miami, FL 33131 305.579.6675 www.miamidda.com Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 93 4.4.b From an economic development perspective, this project directly advances the core mission of the Southeast Overtown/Park West CRA by activating underutilized space, generating year-round economic activity, expanding the tax base, and creating sustainable employment opportunities. The Freedom Center will drive consistent visitor flows that support surrounding hotels, restaurants, small businesses, cultural institutions, and service providers —while creating jobs in hospitality, operations, logistics, event production, and facility management, many of which are accessible to nearby residents through direct transit connectivity. Importantly, this project addresses Downtown Miami's growing need for affordable, accessible conference space that supports inclusive economic growth —ensuring that nonprofits, small and mid -sized organizations, startups, cultural institutions, community -based organizations, and emerging industries have access to high -quality convening facilities that are not limited exclusively to luxury or premium -priced venues. By repurposing vacant raw space in a prime downtown location, the Freedom Center represents a highly efficient model of urban redevelopment —maximizing public benefit while leveraging existing private infrastructure to deliver long-term, sustainable economic returns. For these reasons, the Miami Downtown Development Authority strongly supports the request for SEOPW CRA funding to facilitate the build -out and completion of the Freedom Center. This investment will catalyze new economic activity, strengthen Downtown Miami's convention and business tourism ecosystem, advance community revitalization goals, and position Overtown and the urban core as integral beneficiaries of Miami's continued global growth. We appreciate the Board's thoughtful consideration of this proposal and stand ready to collaborate in advancing this strategic opportunity for Overtown, Downtown Miami, and the City of Miami as a whole. Sincerely, Christina Crespi Chief Executive Officer/Executive Director Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 94 0 0 0 0 0 0 0 0 0 0 ❑ LARGE BALLROOM ❑ MED BALLROOM ❑ MEETING ROOMS 0 0 0 ifin . imugnip m ( �� IE 0 0 0 0 0 0 c c 0 0 0 NNW T 0 0 0 c, n 7th floor Ts s !J 2/28/26 r. o0o0oo00o (76 1001001001 c, n PROJECT DESIGN FORM r E U STRUCTURAL ENGINEER LIFE SAFETY CODE CONSULTANT GFO INVESTMENTS PROJECT FREEDOM CENTER 601 NE 1ST AVENUE MIAMI, FL ISSUED FOR: DATE No. DATE REMARKS SEAL SHEET TITLE: 7TH FLOOR PLAN DRAWN BY: CHECKED BY: JOB NO. SHEET NO.' A-1 storage 1 845 SF 5 occ TERRACE 11=1�� prefunction BAR 00000 0 0 0 0 MEETING 1 976 SF 2224 SF 144 OCC storage 1 845 SF 5 occ u TERRF CE prefunction looloolool 1' 320 SEATS 21'X21' DANCE FLOOR TAB DJ 8 8 ED ADED ED ED ED 9 9 BANQUETTE / WEDDING 320 SEATS / 384 @ 12T looloolool LED LED UncUI 0 0 0 0 0 0 0 0 0 I I ❑ c WATER COFFEE looloolool I THEATER LAYOUT 560 SEATS SCREEN STA SCREE ._ 11 I L T FORM PROJECT DESIGN TEAM: ME.P. ENGINEER STRUCTURAL ENGINEER LIFE SAFETY CODE CONSULTANT GFO INVESTMENTS FREEDOM CENTER 601 NE 1ST AVENUE MIAMI, FL ISSUED FOR: DATE No. DATE REMARKS SEAL SHEET TITLE: SPACE PLANS DRAWN BY: CHECKED BY. JOB NO SP- A ALA AL -1.. f..f,1..11 A", Ik J. 1,._ IS AL J. III, TERF B R 01 O TERRACE TERRACE storage 1 845 SF 0� � ALA JLA MEETING RM'2- 120 SEATS MEETING RM 1-46 SEATS MEETING RM 4-46 SEATS MEETING RM 5-130 (156 @ 12/T) SEATS prefunction BAR OOOOO prefunctian TERRACE EAST BALLROOM dPD 17000 01 PD P WEST BALLROOM BANQUETTE / WEDDING 12 TOPS/ NO DANCE FLOOR 288 SEATS I 111111f11� ieA 440 SEATS BANQUETTE / WEDDING 12 TOPS/ NO DANCE FLOOR 528 SEATS ri \� h JI� I MEETING RM 3- 160 SEATS AALA AL -11 "Af,, �.....,� ..��_ Ik J. A A_ eh • A I IS A J. I I I, BUILT F❑ R M PROJECT DESIGN TEAM M.E.P. ENGINEER STRUCTURAL ENGINEER LIFE SAFETY CODE CONSULTANT GFO INVESTMENTS SHEET TITLE: SPACE PLANS DRAWN BY: CHECKED BY: JOB NO 4.4.b DIVISION OF CORPORATIONS ft]rf.Or L t P iiF ;2!fVIfjs 1 WI rrfttrail Lillie of Flrgi& 1,vkb iU Department of State / Division of Corporations / Search Records / Search by Entity Name / Detail by Entity Name Foreign Limited Liability Company SIXTH STREET MIAMI PARTNERS LLC Filing Information Document Number M18000010212 FEI/EIN Number 83-2452458 Date Filed 11/13/2018 State DE Status ACTIVE Principal Address 2200 Biscayne Blvd. Miami, FL 33137 Changed: 02/20/2020 Mailing Address 2200 Biscayne Blvd. Miami, FL 33137 Changed: 02/20/2020 Registered Agent Name & Address Bai, Huilin c/o Crescent Heights 2200 Biscayne Blvd Miami, FL 33137 Name Changed: 04/30/2025 Address Changed: 04/27/2021 Authorized Person(s) Detail Name & Address Title President Galbut, Marisa A 2200 Biscyne Blvd Miami, FL 33137 Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Title VP Packet Pg. 98 4.4.b Menin , Keith 2200 Biscayne Blvd. Miami, FL 33137 Title VP, Secretary Rozsansky, Binyomin 2200 BISCAYNE BLVD MIAMI, FL 33137 Title Treasurer Aguiar, Dayami 2200 Biscayne Blvd. Miami, FL 33137 Title VP Carrera, Lidia 2200 Biscayne Blvd. Miami, FL 33137 Annual Reports Report Year Filed Date 2023 04/28/2023 2024 04/30/2024 2025 04/30/2025 Document Images 04/30/2025 -- ANNUAL REPORT 04/30/2024 -- ANNUAL REPORT 12/20/2023 -- AMENDED ANNUAL REPORT 04/28/2023 -- ANNUAL REPORT 04/20/2022 -- ANNUAL REPORT 04/27/2021 --AMENDED ANNUAL REPORT 03/25/2021 -- ANNUAL REPORT 09/30/2020 -- AMENDED ANNUAL REPORT 02/20/2020 -- ANNUAL REPORT 04/05/2019 -- ANNUAL REPORT 11/13/2018 -- Foreign Limited View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format View image in PDF format Florida Department of State, Division of Corporations Attachment: File # 19487 - Backup (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 99 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4.4.c NOTICE OF PUBLIC HEARING PLEASE ALL TAKE NOTICE, the Board of Commissioners ("Board") of the Southeast Overtown / Park West Community Redevelopment Agency ("SEOPW CRA") will hold a Public Hearing meeting on Thursday, June 25, 2026, at 10:00 A.M., or anytime thereafter, in the City Commission chambers located at Miami City Hall, 3500 Pan American Drive, Miami, Florida 33133. The Board will consider the allocation of funding to Sixth Street Miami Partners LLC, a Foreign Limited Liability Company authorized to conduct business in the State of Florida ("Grantee"), to underwrite costs for the buildout and development of a Convention and Exhibition Center (to be referred to as the "Freedom Center') within the SEOPW CRA Redevelopment Area at Gale Miami Hotel (Folio no: 01-0105-090-2160), generally located at 159 N.E. 6th Street, Miami, Florida 33132. In accordance with the SEOPW CRA 2018 Redevelopment Plan Update ("Plan") and Section 163, Florida Statutes, the Board will consider awarding a grant to Grantee in an amount not to exceed Three Million Five Hundred Thousand Dollars and Zero Cents ($3,500,000.00). All comments and questions with respect to the meeting and public participation should be addressed to James D. McQueen, Executive Director, or Vincent T. Brown, Esq., Staff Counsel/Deputy Director, at 819 N.W. 2nd Avenue, 3rd Floor, Miami, Florida 33136 or (305) 679- 6800. This action is being considered pursuant to Section(s) 18-85 and 18-86 of the Code of the City of Miami, Florida as amended ("City Code"). The recommendation and findings to be considered in this matter are set forth in the proposed resolution and will be available as with the scheduled SEOPW CRA Board meeting or anytime thereafter in the City Commission chambers. The Board requests all interested parties be present or represented at the meeting, and may be heard with respect to any proposition before the Board in which it may take action. Should any person desire to appeal any decision of the Board with respect to any matter considered at this meeting, that person shall ensure that a verbatim record of the proceedings is made, including all testimony and evidence upon which any appeal may be based (F.S. 286.0105). Pursuant to CRA-R-24-0071, whenever a scheduled SEOPW CRA meeting is cancelled or is not held due to a lack of a quorum or other emergency, a special SEOPW CRA meeting will be automatically scheduled for the Tuesday immediately following the cancelled meeting. In the event of one of the aforementioned circumstances, the special meeting would be held on June 30, 2026, at 10:00 a.m., or anytime thereafter, in the City Commission chambers located at Miami City Hall, 3500 Pan American Drive, Miami, Florida 33133. All of the scheduled agenda items from that cancelled meeting shall automatically be scheduled as an agenda item at the special SEOPW CRA meeting. The Clerk of the Board shall notify the public of the special meeting that is to take place by placing a notice of the special SEOPW CRA meeting at the entrance of City Hall, placing a notice on the SEOPW CRA's website, and, if feasible, placing an ad in a newspaper of general circulation before the special meeting on the immediately following Tuesday. There shall be no additional notice by publication required for any such scheduled agenda item that is moved to the special SEOPW CRA meeting. Attachment: File # 19487 - Notice To The Public (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 100 4.4.c In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodations to participate in this proceeding may contact the Office of the City Clerk at (305) 250-5361 (Voice), not later than two (2) business days prior to the proceeding. TTY users may call 711 (Florida Relay Service), not later than two (2) business days prior to the proceeding. Ad No. 43985 Todd B. Hannon Clerk of the Board Attachment: File # 19487 - Notice To The Public (19487 : 4/5th Vote: Grant to Sixth Street Miami Partners, LLC.) Packet Pg. 101 4.5 SEOPW Board of Commissioners Meeting June 25, 2026 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Members of the CRA Board From: James McQueen Executive Director Date: June 18, 2026 File: 19489 Subject: 4/5th Vote: Grant to Chase and Chance, LLC. Enclosures: File # 19489 - Exhibit A File # 19489 - Backup File # 19489 - Notice To The Public BACKGROUND: 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 Two Hundred Thousand Dollars and Zero Cents ($200,000.00) ("Funds"), to Chase and Chance, LLC, a Florida Limited Liability Company ("Grantee"), to underwrite costs for the construction buildout of the Chase and Chance Sensory Gym and Resource Center ("Project"), to be located at 1490 Northwest 3'd Avenue, Suite 110, Miami, Florida 33136 (Folio No. 01-3136-064-0010) ("Property"), authorizing the Executive Director to execute a Revocable License Agreement ("Agreement"), in a form acceptable to General Counsel, for Grantee's use of the Property for a total amount of Five Hundred Dollars and Zero Cents ($500.00) per month for a term of one (1) year ("Purpose"). Grantee has designed "The Chase and Chance Sensory Gym and Resource Center," in order to provide a safe, inclusive, sensory -focused recreational and therapeutic environment for children on the autism spectrum within the SEOPW CRA Redevelopment Area ("Project"). Grantee has requested use of a portion of SEOPW CRA-owned property, located at 1490 Northwest 3'd Avenue, Suite 110, Miami, Florida 33136 (Folio No. 01-3136-064-0010) ("Property"), for the purposes of building out Project. The Grantee is further requesting financial assistance to underwrite costs associated with the build -out of the Project at the Property. Packet Pg. 102 4.5 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 4, of the Plan, lists the "creat[ion of] jobs within the community," as a stated redevelopment goal. Section 2, Goal 6, of the Plan, focuses on "improv[ing] the quality of life for residents," as a stated redevelopment goal. Lastly, Section 2, Principle 6, of the Plan, discusses "address[ing] and improv[ing] the neighborhood economy and expand[ing] the economic opportunities of present and future residents," as a stated redevelopment principle. FUNDING: Total: $200,000.00 • $126,600.00 allocated from "Other Grants and Aids / TIF Revenue Fund" Account No. 10050.920101.883000.0000.00000. • $73,400.00 allocated from Other Grants and Aids / Non-TIF Revenue Fund - Account No. 10051.920101.883000.0000.00000. FACT SHEET: Entity name: Chase and Chance, LLC, a Florida Limited Liability Company Address: 1490 Northwest 3' Avenue, Suite 110, Miami, Florida 33136 (Folio No. 01-3136-064-0010) Funding request: $200,000.00 Scope of work or services (Summary): Allocation of funds for "The Chase and Chance Sensory Gym and Resource Center," a preoperational project designed to provide a safe, inclusive, sensory -focused recreational and therapeutic environment for children on the autism spectrum within the SEOPW CRA Redevelopment Area. Page 2 of 7 Packet Pg. 103 4.5 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: June 25, 2026 CRA Section: Brief description of CRA Agenda Item: AWARDING A GRANT, IN AN AMOUNT NOT TO EXCEED TWO HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($200,000.00), TO CHASE AND CHANCE, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("GRANTEE"), TO UNDERWRITE COSTS FOR THE CONSTRUCTION BUILDOUT OF THE CHASE AND CHANCE SENSORY GYM AND RESOURCE CENTER ("PROJECT"), TO BE LOCATED AT 1490 NORTHWEST 3RD AVENUE, SUITE 110, MIAMI, FLORIDA 33136 (FOLIO NO. 01-3136-064-0010) ("PROPERTY) Project Number (if applicable): YES, there are sufficient funds in Line Item: Account Code: $126,600.00 allocated from "Other Grants and Aids / TIF Revenue Fund" Account No. 10050.920101.883000.0000.00000. • $73,400.00 allocated from Other Grants and Aids / Non-TIF Revenue Fund - Account No. 10051.920101.883000.0000.00000. 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 Packet Pg. 104 4.5 Approved by: Approval: Executive Director 6/18/2026 Miguel A Valcntirr, Finance Officer 6/18/2026 Page 4 of 7 Packet Pg. 105 4.5 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: File Number: 19489 Final Action Date: 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 TWO HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($200,000.00), TO CHASE AND CHANCE, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("GRANTEE"), TO UNDERWRITE COSTS FOR THE CONSTRUCTION BUILDOUT OF THE CHASE AND CHANCE SENSORY GYM AND RESOURCE CENTER ("PROJECT"), TO BE LOCATED AT 1490 NORTHWEST 3RD AVENUE, SUITE 110, MIAMI, FLORIDA 33136 (FOLIO NO. 01-3136-064-0010) ("PROPERTY"); AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE A REVOCABLE LICENSE AGREEMENT (`AGREEMENT"), IN A FORM ACCEPTABLE TO GENERAL COUNSEL, FOR GRANTEE'S USE OF THE PROPERTY FOR A TOTAL AMOUNT OF FIVE HUNDRED DOLLARS AND ZERO CENTS ($500.00) PER MONTH FORA TERM OF ONE (1) YEAR ("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 ACCOUNT NO(S). 10050.920101.883000.0000.00000 AND 10051.920101.883000.0000.00000; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY, INCLUDING ANY AND ALL AMENDMENTS THERETO, ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR SAID PURPOSE; 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 Page 5 of 7 Packet Pg. 106 45 WHEREAS, Section 2, Goal 4, of the Plan, lists the "creat[ion of] jobs within the community," as a stated redevelopment goal; and WHEREAS, Section 2, Goal 6, of the Plan, focuses on "improv[ing] the quality of life for residents," as a stated redevelopment goal; and WHEREAS, Chase and Chance, LLC, a Florida Limited Liability Company ("Grantee"), requests financial assistance for "The Chase and Chance Sensory Gym and Resource Center," which is designed to provide a safe, inclusive, sensory -focused recreational and therapeutic environment for children on the autism spectrum ("Project"); and WHEREAS, Grantee further requests use of a portion of SEOPW CRA-owned property, located at 1490 Northwest 3`d Avenue, Suite 110, Miami, Florida 33136 (Folio No. 01-3136-064-0010) ("Property"), for the Purposes of building out the Project ("Purpose"); and WHEREAS, Grantee has submitted a proposal, requesting an amount not to exceed Two Hundred Thousand Dollars and Zero Cents ($200,000.00), to underwrite costs associated with the build -out of the Project at the Property; and WHEREAS, the Executive Director wishes to award a grant, in an amount not to exceed Two Hundred Thousand Dollars and Zero Cents ($200,000.00) ("Funds"), to the Grantee, for the Purpose stated herein; and WHEREAS, the Executive Director further wishes to execute a Revocable License Agreement ("Agreement"), in a form acceptable to General Counsel, with the Grantee for a total amount of Five Hundred Dollars and Zero Cents ($500.00) per month for a term of one (1) year for said Purpose; and WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to award the Funds to the Grantee for the Purpose stated herein; and WHEREAS, the Board of Commissioners further wishes to authorize the Executive Director to execute the Agreement, in a form acceptable to General Counsel, with the Grantee for said Purpose; 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 General 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 Page 6 of 7 Packet Pg. 107 4.5 Director's recommendation and written findings, attached and incorporated herein as Exhibit "A," that 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 Account No(s): 10050.920101.883000.0000.00000 and 10051.920101.883000.0000.00000, subject to funding availability, for the Purpose stated herein. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ounsel 6/18/2026 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. Page 7 of 7 Packet Pg. 108 SEOPW Board of Commissioners Meeting June 25, 2026 THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4/5ths RECOMMENDATION INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Date: June 25, 2026 File: Members of the SEOPW CRA Board Subject: Recommendations and findings to waive competitive sealed bidding and negotiation methods, pursuant to Sec. 18-85 and 18-86, for Chase and Chance LLC. From: James D. McQueen Enclosures: Exhibit "A" Executive Director Exhibit "B" BACKGROUND: The Board of Commissioners ("Board") of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2018 Updated SEOPW CRA Redevelopment Plan (the "Plan"). Chase and Chance LLC, a Florida Limited Liability Company ("Grantee"), has submitted a proposal for the buildout and development of an autism sensory gym and resource center, to be referred to as the "Chase and Chance Sensory Gym and Resource Center" (the "Project") and to be located at 1490 Northwest 3rd Avenue, Suite 110, Miami, Florida 33136 (the "Property") ("Purpose"). In furtherance of its efforts, Grantee is requesting financial assistance to underwrite costs associated with the build - out of the Project, in an amount not to exceed Two Hundred Thousand Dollars and Zero Cents ($200,000.00) ("Funds"). Further, Grantee is requesting use of a portion of SEOPW CRA-owned property for the Project. The SEOPW CRA desires to accept Grantee's proposal and to simultaneously execute a Revocable License Agreement (the "Agreement") with the Grantee for the Purpose stated herein, for a total amount of Five Hundred Dollars and Zero Cents ($500.00) per month for a term of one (1) year. It is recommended that the SEOPW CRA Board authorize the issuance of the Funds to Grantee, further authorizing the Executive Director to execute the Agreement, for the Purpose stated herein. The Executive Director has reviewed and vetted the request, in accordance with the objectives of the Plan. RECOMMENDATION: In light of the above -stated, approval of a waiver of the formal requirements of competitive sealed bidding methods as not being practicable or advantageous to the SEOPW CRA as set forth in the City Code of Ordinances, as amended, specifically Section(s) 18-85 and 18-86, and the affirmation of these written findings and the forwarding the same to the SEOPW CRA Board by a four -fifths vote is respectfully requested. APPROVED J s . McQueen, Executive Director Attachment: File # 19489 - Exhibit A (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) 1 Packet Pg. 109 4.5.b Chase and Chance Sensory Gym and Resource Center Comprehensive Itemized Budget Package for Commissioner Review Prepared for Mr. James McQueen, Executive Director, SEOPW CRA Prepared by HopeWell Global, LLC Project Location: 1490 NW 3rd Avenue, Suite 110, Miami, Florida 33136 Funding Request Summary: This package presents a one-time CRA capital request of $200,000 for facility buildout, sensory gym equipment, furniture, reception setup, supplemental sensory tools, and launch readiness. Purpose: The budget is structured for review by the Commissioner and the Southeast Overtown Park West Community Redevelopment Agency. It converts the preliminary approval categories into an itemized and commission ready budget. Important budget note: The original preliminary budget included $85,000 for sensory equipment and installation, $35,000 for buildout, paint, and flooring, and $20,000 for furniture and reception. The updated actual contractor buildout estimate is $126,600. To keep the final CRA request within the available $200,000 approval ceiling, the furniture, reception, and supplemental launch package is budgeted at $18,420. Executive Budget Summary The Chase and Chance Sensory Gym and Resource Center is designed as a small suite, controlled capacity, sensory safe launch model. The space includes a reception and check in area, main sensory gym space, smaller sensory room or program room, open kitchenette, two restrooms, storage, and family transition zones. The model is built around open play, birthday parties, limited camps, light respite blocks, therapy partner support, caregiver workshops, inclusion sports, and nonprofit scholarship support. The capital request focuses on opening the facility safely and professionally, while the operating budget shows what is required to sustain Year 1 operations. Capital Category Amount Budget Basis Buildout, paint, flooring, plumbing, electrical, mechanical, and HVAC $126,600 Contractor estimate from Kasey Burrell, dated April 29, 2025. Sensory gym equipment, flooring, delivery, and custom installation $54,980 Fun Factory Sensory Gym comprehensive quote, discounted from $64,820 to $54,980. Furniture, reception, supplemental sensory tools, and launch readiness $18,420 Adjusted from the original $20,000 placeholder to stay within the $200,000 approval ceiling. Total CRA Capital Request $200,000 Commissioner review amount. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 110 4.5.b; If the full original $20,000 furniture and reception line is retained without adjustment, the total capital package would be $201,580. The recommended commissioner package keeps the CRA request at exactly $200,000 by budgeting the furniture, reception, supplemental sensory tools, and launch readiness line at $18,420. Project Purpose and Community Use Mission: To create inclusive sensory and therapeutic spaces where children of all abilities, especially children on the autism spectrum, and their families receive support, relief, and hope at little to no cost. Core child services include sensory gym and therapeutic play, music therapy, pet therapy, swimming safety referrals or partner programming, personal hygiene and grooming support, adaptive recreation, inclusion sports, social play, and structured therapeutic activities. Family support services include respite support, parent emotional support, crisis support and resource navigation, caregiver mental health workshops, IEP and school navigation workshops, therapy partner knowledge sessions, dad nights out, mom nights out, behavioral therapy education, and peer connection. The center also supports earned revenue activities that help maintain sustainability, including 60 minute open play sessions at $14.95, 90 minute open play sessions at $19.95, monthly memberships at $150, birthday parties, limited camps, private events, and rental therapy space. Adults will always be free. Facility Layout Context The attached plans show a compact suite that must be budgeted as a lean launch model with controlled capacity. The measurement drawing shows an overall footprint of approximately 35 feet 8 inches by 40 feet 8 inches, with an entrance along the front, a large open activity area, two restrooms, kitchen or sink area, reception desk, bench, cabinets, and a sensory room or secondary program room depending on final layout. 25FT SIN Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 111 Figure 1. User provided floor plan for Unit 110, used for budget conceptualization. 4.5.b Mesh Figure 2. Conceptual layout showing reception, open kitchen, restrooms, bench seating, sensory room, and storage. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 112 4.5.b Detailed CRA Capital Budget Buildout, Paint, Flooring, Plumbing, Electrical, Mechanical, and HVAC The buildout line is based on the contractor estimate provided by Kasey Burrell. Labor and materials are included. The quote includes a 12 percent contingency and an 8 percent overhead and profit allocation. Buildout Line Item Amount Scope Included Debris disposal and cleanup $10,500 Dispose of debris throughout job, including walls, flooring, and related construction debris. Demolition $9,200 Trench flooring for plumbing access, backfill and compact trench holes, pour new cement, and demo existing walls and plywood for new walls. Electrical $18,100 Upgrade and relocate electrical panel, install 13 wall receptacles, add 6 GFCI floor receptacles with underground conduits, run 6 dedicated circuits, upgrade receptacles, and upgrade lighting to LEDs. Mechanical and interior framing $26,500 Frame new bathroom, kitchen, sensory room, and office. Build half wall with door, bench seating at entrance, 3 ADA doors, fire rated back door, sheetrock, cabinets, flooring, and baseboards. Plumbing $17,800 Remove cast iron underground drain, tie in PVC drains, install bathroom and kitchen drains, water heater, supply lines, ADA bars, faucets, toilets, and main shutoff. Cooling system upgrade $13,000 Replace AC system with fresh air return, UV filter, and upgraded air filters. Prime, paint, and waterproof flooring $10,400 Prime and paint entire space, including ceilings with dryfall paint, and waterproof all flooring with two base colors. Subtotal, labor and materials included $105,500 Contractor subtotal. Contingency, 12 percent $12,660 Contractor contingency. Overhead and profit, 8 percent $8,440 Contractor overhead and profit. Total buildout estimate $126,600 Total contractor estimate. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 113 Sensory Gym Equipment, Flooring, Delivery, and Custom Installation The sensory gym budget is based on the Fun Factory Sensory Gym comprehensive quote. The vendor quoted a discounted total of $54,980 for equipment, accessories, flooring, delivery, and custom installation. The allocation below itemizes the quoted package for commissioner review. Sensory Equipment Line Item Estimated Amount Purpose and Scope 21 foot overhead monkey bar, swing, zipline, and wall to wall system $14,500 Strength, bilateral coordination, vestibular input, swinging, hanging, zipline movement, and multi point swing attachment. 4 foot by 20 foot bi level motor activity system $12,500 Slides, stairs, hand grips, jump deck, tunnel, soft LED lights, dry erase fine motor area, peek windows, and basketball hoop. 5 foot by 7 foot crash pad pit with two 5 foot by 6 foot crash pads $4,500 Safe landing, calming deep pressure, jumping, falling, and sensory regulation. Rock climbing walls, vertical and incline $6,000 Strength, balance, bilateral coordination, motor planning, and adaptive grip options. Enclosed 7 foot by 10 foot trampoline with wall padding and cargo net $6,500 Safe gross motor play, proprioceptive, input, regulation, and structured exercise. Drop down tables, storage units, and bookcase $2,500 Flexible activity, therapy, workshop, and storage support. Sensory starter kit, 3 swings, and 4 foot by 10 foot foldable safety mat $3,000 Swing based regulation, calming or alerting vestibular input, and safe landing under climbing panels. Foam sensory flooring, approximately 806 square feet $4,500 Anti bacterial, anti mold, anti slip, multicolored foam tile flooring. Custom delivery, installation, support headers, and installation allocation $980 Vendor installation and custom support allocation within quoted package. Total sensory gym equipment package $54,980 Matches Fun Factory Sensory Gym comprehensive quote. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 114 Furniture, Reception, Supplemental Sensory Tools, and Launch Readiness Because the updated buildout and sensory gym quote use most of the available $200,000 capital ceiling, this line has been right sized to $18,420. It includes the reception setup, family seating, storage, workshop furniture, color band session management supplies, and smaller sensory tools requested for the program. Line Item Estimated Amount Purpose Reception desk and check in station $2,800 Controlled entry, family intake, payment processing, and visitor management. Waiting area bench and caregiver seating $2,000 Family comfort and predictable transition space. Storage cabinets, cubbies, and supply organization $2,300 Safe storage for shoes, bags, sensory tools, and workshop supplies. Small tables and chairs for workshops and therapy partners $1,500 Caregiver workshops, resource navigation, therapy knowledge sessions, and family support meetings. POS, check in supplies, signage, and color band station $700 Supports 60 minute and 90 minute open play session tracking. Sensory peanut balls and yoga balls $650 Core stability, strengthening, balance, and body organization. Weighted blankets, weighted vests, and weighted lap pads $1,500 Focus, calming, deep pressure, and regulation support. Sensory swivel chairs $1,200 Vestibular regulation and calming movement. Sensory stepping stones $350 Balance, coordination, motor planning, and inclusion sports preparation. Giant Connect 4 game $250 Social play, turn taking, communication, and birthday party programming. Sensory bubble mirrors $600 Visual and tactile stimulation for calming and exploration. Sensory liquid flexible towels and tactile calming tools $400 Stress relief, sensory exploration, and calming supports. 6 foot bubble sensory tube $1,200 Calming visual stimulation and sensory room ambiance. Sequin wall frame $650 Stress relief, tactile play, visual tracking, and learning activities. Squeeze machine, pressure therapy support $1,600 Deep pressure input, calming, and body awareness support. Shipping, delivery, taxes, and small equipment replacement buffer $720 Allowance for pricing changes and small missing items. Total furniture, reception, and supplemental launch package $18,420 Amount remaining within $200,000 CRA capital request. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 115 4.5.b. Vendor Payment and Implementation Notes Fun Factory Sensory Gym payment terms: The initial deposit listed in the vendor quote is $32,988 to lock in the quote and schedule installation. The remaining balance is due upon completion of installation. Buildout implementation note: The contractor buildout estimate includes trenching, plumbing, electrical upgrades, LED lighting, mechanical framing, ADA doors, flooring, cabinets, painting, waterproofing, HVAC replacement, fresh air return, UV filter, upgraded air filters, debris disposal, contingency, and overhead or profit. Compliance note: The facility should maintain general liability insurance, property insurance, background checks, safety policies, participant waivers, emergency procedures, and all applicable City of Miami business licensing, permitting, and inspection requirements. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 116 444 Year 1 Operating Budget The Year 1 operating budget is included to show sustainability and operational readiness. The CRA request above is a one-time capital request. The Year 1 operating budget is separate and should be funded through earned revenue, scholarships, grants, sponsorships, nonprofit support, and working capital. Operating Category Annual Cost Included Facility $11,400 Rent, CAM or maintenance, utilities, cleaning, and security. Staffing $122,084 Site manager, two rotating play technicians, and weekend event assistant including payroll burden. Insurance and Compliance $16,000 General liability, property, permits, background checks, training, and workers compensation buffer if separate. Program Operations $103,616 Therapy partner stipends, caregiver programming, respite blocks, program supplies, events, safety supplies, and replacement reserve. Marketing $11,900 Website, social media ads, print materials, grand opening, and media. Administrative $25,000 Accounting, bookkeeping, legal, booking or CRM, POS software, bank fees, and merchant fees. Total Estimated Year 1 Operating Cost $290,000 Comprehensive Year 1 operating budget. Program Operations Detail Program Operations Line Item Annual Cost Purpose Therapy partner stipends and consultant sessions $22,000 PT, OT, speech therapy, ABA, behavioral therapy, and resource knowledge sessions for families. Open play supplies and activity consumables $12,000 Sensory play rotation supplies, cleaning safe toys, visual schedules, and structured play materials. Birthday parties, camps, inclusion sports, and private event materials $12,000 Party supplies, adaptive sports materials, mini -camp supplies, and event support. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 117 4.5.b Caregiver workshops, respite days, mom nights, dad nights, and family support events $18,000 Caregiver mental health support, peer support, and respite linked programming. Music therapy and pet therapy vendor sessions $12,000 Specialized program partners for calming, communication, connection, and social engagement. Safety, sanitation, and PPE consumables $8,000 Sanitizing products, gloves, first aid supplies, replacement mats, and safety consumables. Membership, color band, and session management supplies $2,500 Color bands, family passes, wristbands, labels, and session tracking materials. Scholarship administration and direct family support materials $10,000 Scholarship tracking, resource kits, family support supplies, and subsidized play block administration. Repairs, replacement, and small equipment reserve $7,116 Reserve for replacing high use sensory items and maintaining safe operations. Total Program Operations $103,616 Program operations subtotal. Operating Budget Staffing Assumptions Staffing Role Site Manager Annual Cost 57,500 Basis Base salary of $50,000 plus 15 percent payroll taxes and workers compensation burden. Two part time play technicians $53,820 $18 per hour, 50 total hours per week, plus 15 percent payroll burden. Weekend event assistant $10,764 $18 per hour, 10 hours per week average, plus 15 percent payroll burden. Total Staffing $122,084 Recommended planning figure for standard Year 1 operations. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 118 4.5.b Revenue Model, Pricing, and Break Even Service or Revenue Stream 60 minute open play session Price or Monthly Amount Notes $14.95 Adults are free. Color bands should identify when each session ends. 90 minute open play session $19.95 Adults are free. Color bands should identify when each session ends. Monthly membership $150 Memberships are the strongest growth lever because the suite has a small capacity cap. The small suite model should not rely on open play alone. Revenue should come from memberships, birthday parties, camps, private rentals, and scholarship funded access. Worst Case Occupancy Stress Test Revenue Source or Metric Open Play Monthly Amount $4,300 Planning Note Assumes 40 percent lower attendance during first 6 months. Memberships $4,500 Assumes 45 members instead of 60. Birthday Parties $2,500 Reduced attendance scenario. Camps and Events $2,000 Mini camps and structured events. Rentals $1,800 Limited private therapy space and event rentals. Scholarships $6,250 Nonprofit supported scholarship or sponsorship revenue. Total Monthly Revenue $21,350 Stress test revenue total. Monthly Expenses, stress test model $23,116 User provided stress test operating expense figure. Monthly Deficit $-1,766 Stress test deficit. Six Month Deficit $-10,596 Manageable with scholarship fund, working capital, and controlled staffing hours. Break Even Revenue Threshold $23,200 Approximate monthly break even threshold. Strategic takeaway: The stress test shows a monthly deficit of approximately $1,766 during the first six months if attendance is 40 percent lower than expected. This is manageable if the project raises at least a $75,000 scholarship fund, maintains three months of working capital, and controls staffing hours early. How Autistic and Awesome, Inc. Fits In Autistic and Awesome, Inc. can function as the scholarship and family support arm that reduces revenue volatility and expands access. The nonprofit can provide $1,000 to $2,000 scholarships per family, underwrite respite days, sponsor open play blocks, fund caregiver mental health programming, and apply for grants for sensory inclusion. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 119 The nonprofit can aim to raise $100,000 to $150,000 annually. This would support scholarships, subsidized memberships, free respite blocks, caregiver events, family resource kits, and other direct access supports. A written inter entity service agreement should be entered between Autistic and Awesome, Inc. and Chase and Chance, LLC. The nonprofit should provide scholarship funds, respite program funding, and programmatic sponsorships to support access to services delivered by the LLC. The LLC should invoice the nonprofit for subsidized services rendered, with arm's length documentation and net 30 payment terms. Funding and Grant Context Funding Source or Use Amount Budget Treatment CRA Capital Request $200,000 One time launch capital for buildout, sensory equipment, furniture, reception, and supplemental tools. Scholarship Fund Target $75,000 Minimum target from stress test, reduces revenue volatility and supports family access. Annual Nonprofit Fundraising Goal $100,000 Lower end target for Autistic and Awesome, Inc. scholarships and family support. Annual Nonprofit Fundraising Goal, High Case $150,000 Higher target for respite days, caregiver programming, and subsidized memberships. Knight Cities Challenge Request $150,000 Separate grant submitted for Family Resilience Circles pilot. Knight Total Project Budget $175,000 Includes $25,000 in in kind partner and community support. Three Month Working Capital $75,000 Recommended reserve to manage early attendance volatility. Reserve The Knight Cities Challenge budget and the Children's Trust application should be treated as separate program funding opportunities. They should not be used to replace the CRA capital request. They may support caregiver programming, family resilience circles, scholarships, resource navigation, meals, parent baskets, and other programmatic costs. Commissioner Review Recommendations • Approve the CRA capital request at $200,000 to fund the launch ready buildout and equipment package. • Treat the $200,000 request as a one time capital investment, not as Year 1 operating support. • Require final vendor invoices, proof of installation, proof of insurance, business licensing, and safety policies before final reimbursement or closeout. • Keep the sensory equipment quote and contractor estimate in the approval packet so the commission can see that the request is tied to actual vendor pricing. • Maintain three months of working capital and a scholarship fund to protect the center during the Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 120 4.5.b first six months of ramp up. • Prioritize memberships, birthday parties, structured mini camps, and private rentals because the suite has a capacity cap. Source Notes Source Use Contractor estimate Kasey Burrell estimate dated April 29, 2025, used for buildout, demolition, plumbing, electrical, mechanical, HVAC, paint, flooring, contingency, and overhead or profit. Sensory equipment quote Fun Factory Sensory Gym quote forwarded February 18, 2026, used for sensory gym equipment, accessories, flooring, delivery, and custom installation. Facility plans User provided floor plan, layouts, and unit measurements used to conceptualize the small suite configuration. Operating assumptions User provided Year 1 operating assumptions, staffing model, stress test, break even threshold, scholarship strategy, and revenue model. Grant context Knight Cities Challenge application draft referenced only as separate funding context and not included in the CRA capital request. Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Chase and Chance Sensory Gym and Resource Center Budget Package Packet Pg. 121 4.5.b DIVISION OF CORPORATIONS ffiL/:,/.org Dv 1Jl 9j C'r} 21 r tL \fr'-[D6 f: rue rrj/t+sra! Lillie of Fkuitln avkb iu Department of State / Division of Corporations / Search Records / Search by Entity Name / Detail by Entity Name Florida Limited Liability Company CHASE AND CHANCE LLC. Filing Information Document Number FEI/EIN Number Date Filed Effective Date State Status Last Event Event Date Filed Event Effective Date Principal Address 1490 N.W. 3RD AVE, STE #110 MIAMI, FL 33136 L24000224626 99-3257899 05/14/2024 05/14/2024 FL ACTIVE LC AMENDMENT AND NAME CHANGE 05/29/2026 NONE Changed: 05/29/2026 Mailing Address 1490 N.W. 3RD AVE, STE #110 MIAMI, FL 33136 Changed: 05/29/2026 Registered Agent Name & Address GANTT, BRUCYNE A 8910 MIRAMAR PKWY SUITE 200C PMB 1178 MIRAMAR, FL 33025 Address Changed: 06/04/2025 Authorized Person(s) Detail Name & Address Title CEO Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Packet Pg. 122 4.5.b GANTT, BRUCYNE A 8910 MIRAMAR PKWY MIRAMAR, FL 33025 Annual Reports Report Year Filed Date 2025 06/04/2025 2026 04/29/2026 Document Images 04/29/2026 -- ANNUAL REPORT View image in PDF format 06/04/2025 -- ANNUAL REPORT View image in PDF format 07/29/2024 -- LC Amendment View image in PDF format 05/14/2024 -- Florida Limited Liability View image in PDF format Florida Department of State, Division of Corporations Attachment: File # 19489 - Backup (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Packet Pg. 123 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4.5.c PLEASE ALL TAKE NOTICE, the Board of Commissioners ("Board") of the Southeast Overtown / Park West Community Redevelopment Agency ("SEOPW CRA") will hold a Public Hearing meeting on Thursday, June 25, 2026, at 10:00 A.M., or anytime thereafter, in the City Commission chambers located at Miami City Hall, 3500 Pan American Drive, Miami, Florida 33133. The Board will consider the allocation of funding to Chase and Chance, LLC, a Florida Limited Liability Company ("Grantee"), to underwrite costs for the construction of the Chase and Chance Sensory Gym and Resource Center, which will support individuals on the autism spectrum. The sensory -safe buildout will include a sensory gym, a kitchenette, restrooms, storage areas, and family transition zones designed to ensure a safe and supportive environment, located at 1490 NW 3rd Avenue, Suite 110, Miami, Florida 33136. In accordance with the SEOPW CRA 2018 Redevelopment Plan Update ("Plan") and Section 163, Florida Statutes, the Board will consider awarding a grant to Grantee in an amount not to exceed Two Hundred Thousand Dollars and Zero Cents ($200,000.00). All comments and questions with respect to the meeting and public participation should be addressed to James D. McQueen, Executive Director, or Vincent T. Brown, Esq., Staff Counsel/Deputy Director, at 819 N.W. 2nd Avenue, 3rd Floor, Miami, Florida 33136 or (305) 679- 6800. This action is being considered pursuant to Section(s) 18-85 and 18-86 of the Code of the City of Miami, Florida as amended ("City Code"). The recommendation and findings to be considered in this matter are set forth in the proposed resolution and will be available as with the scheduled SEOPW CRA Board meeting or anytime thereafter in the City Commission chambers.The Board requests all interested parties be present or represented at the meeting, and may be heard with respect to any proposition before the Board in which it may take action. Should any person desire to appeal any decision of the Board with respect to any matter considered at this meeting, that person shall ensure that a verbatim record of the proceedings is made, including all testimony and evidence upon which any appeal may be based (F.S. 286.0105). Pursuant to CRA-R-24-0071, whenever a scheduled SEOPW CRA meeting is cancelled or is not held due to a lack of a quorum or other emergency, a special SEOPW CRA meeting will be automatically scheduled for the Tuesday immediately following the cancelled meeting. In the event of one of the aforementioned circumstances, the special meeting would be held on June 30, 2026, at 10:00 a.m., or anytime thereafter, in the City Commission chambers located at Miami City Hall, 3500 Pan American Drive, Miami, Florida 33133. All of the scheduled agenda items from that cancelled meeting shall automatically be scheduled as an agenda item at the special SEOPW CRA meeting. The Clerk of the Board shall notify the public of the special meeting that is to take place by placing a notice of the special SEOPW CRA meeting at the entrance of City Hall, placing a notice on the SEOPW CRA's website, and, if feasible, placing an ad in a newspaper of general circulation before the special meeting on the immediately following Tuesday. There shall be no additional notice by publication required for any such scheduled agenda item that is moved to the special SEOPW CRA meeting. In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodations to participate in this proceeding may contact the Office of the City Clerk at (305) 250-5361 (Voice), not later than two (2) business days prior to the proceeding. TTY users may call 711 (Florida Relay Service), not later than two (2) business days prior to the proceeding. Ad No. 43983 Todd B. Hannon Clerk of the Board Attachment: File # 19489 - Notice To The Public (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Packet Pg. 124 4.5.c Attachment: File # 19489 - Notice To The Public (19489 : 4/5th Vote: Grant to Chase and Chance, LLC.) Packet Pg. 125