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HomeMy WebLinkAboutCRA-R-26-0037 Exhibit ADamian Pardo Board Chair Omni CRA INTER -OFFICE MEMORANDUM Carlos I. Suarez Executive Director TO: Board Chair Damian Pardo and DATE: July 23, 2026 Members of the CRA Board FROM: Carlos I. Suarez Executive Director SUBJECT: 4/5ths Bid Waiver Grant Funding - Esteen Williams BACKGROUND: The Omni Redevelopment District Community Redevelopment Agency ("CRA") is tasked with reducing slum and blight and carrying out community redevelopment activities and projects within the Redevelopment Area in accordance with the CRA's 2019 Redevelopment Plan ("Plan"). On September 13, 2016, the CRA approved and adopted Resolution No. CRA-R-16-0042, adopting the City of Miami's procurement ordinance as the process by which any and all services and goods are procured by the CRA. In accordance with the Plan and Chapter 163, Florida Statutes, the Board will consider a 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 that competitive negotiation methods and procedures are not practicable or advantageous to the CRA pursuant to Sections 18-85 and 18-86 of the Code of the City of Miami, Florida, as amended, as adopted by the CRA, and waiving competitive sealed bidding requirements for the allocation of grant funds to Esteen Williams, an individual and owner of the property located at 1731 North West 1st Place, Miami, Florida 33136 ("Property"). The Resolution authorizes grant funding in an amount not to exceed Nine Hundred Ninety -Five Thousand and 00/100 Dollars ($995,000.00) to underwrite costs associated with the redevelopment and rehabilitation of a ten (10) unit affordable housing project at the Property ("Project"). The Project will include two (2) units for income -eligible residents at or below 40% of the Area Median Income ("AMI") for Miami -Dade County, as published annually by the United States Department of Housing and Urban Development ("HUD"); four (4) units at or below 50% AMI; two (2) units at or below 60% AMI; and two (2) units at or below 80% AMI. Marcus A. James, as an authorized representative of Jamestown General Contractors, LLC, a Florida limited liability company, has been authorized by the Owner to act on the Owner's behalf in connection with matters related to the Property and the Project, including coordinating development activities, executing documents, and taking actions necessary to facilitate the redevelopment and rehabilitation of the Property. JUSTIFICATION: The requested bid waiver is supported by the Executive Director's recommendation and finding that competitive negotiation methods and procedures are not practicable or advantageous to the CRA for the allocation and disbursement of the Grant Funds for the Project. The waiver will allow the CRA to support a specific affordable housing redevelopment and rehabilitation project located within the CRA Redevelopment Area, subject to the Executive Director's discretion on a draw schedule or upon presentation of invoices or proper documentation from the Owner. The Project is consistent with the Plan's objectives to promote a variety of housing options, including affordable and workforce housing, and to encourage partnerships with private entities to redevelop blighted properties and improve the public realm. Funding this Project is critical to addressing slum and blight while enhancing affordable housing options within the CRA. The requested $995,000.00 in grant funding will support ten (10) rent - restricted affordable housing units, representing 100% of the Project's units, with rents restricted for twenty (20) years pursuant to a restrictive covenant to be recorded in the Public Records of Miami -Dade County, Florida. FUNDING: The Resolution authorizes the allocation of grant funds from the CRA's Fiscal Year 2025-2026 budget in an amount not to exceed Nine Hundred Ninety -Five Thousand and 00/100 Dollars ($995,000.00), subject to the availability of funding.