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HomeMy WebLinkAboutCRA-R-26-0039Southeast Overtown/Park West Community Redevelopment Agency Legislation CRA Resolution: CRA-R-26-0039 819 NW 2"d Ave 3rd Floor Miami, FL 33136 www.seopwcra.com File Number: 19601 Final Action Date:7/23/2026 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), RESCINDING RESOLUTION NO. CRA-R-25-0028, ADOPTED ON JUNE 17, 2025, IN ITS ENTIRETY ("PURPOSE"); DIRECTING THE EXECUTIVE DIRECTOR AND STAFF OF THE SEOPW CRA TO TAKE ANY AND ALL ACTIONS NECESSARY IN FURTHERANCE THEREOF; DEALLOCATING FUNDS FROM ACCOUNT NO. 10050.920101.662000.00000.0000 — "LAND"; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. WHEREAS, the SEOPW CRA wished to acquire the real properties abutting land, owned by Shirlene Ingraham, as Trustee under the Shirlene Ingraham Family Trust, and J.E.J. Properties, Inc. (collectively, the "Seller"), located at 942 Northwest 3rd Avenue and 950 Northwest 3rd Avenue, Miami, Florida 33136 (Folio No. 01-3137-035-0010) (collectively, the "Properties"); and WHEREAS, through Resolution No. CRA-R-25-0028, adopted on June 17, 2025, the Board of Commissioners authorized the Executive Director to negotiate and execute a purchase and sale agreement, in a form acceptable to Counsel, between the SEOPW CRA and Seller for the acquisition of the Properties for a total purchase price not to exceed its appraised value, contingent upon the SEOPW CRA receiving a written appraisal from a licensed Florida appraiser ("Project"); and WHEREAS, no actions were taken in furtherance of Resolution No. CRA-R-25-0028 and the authorization requested is no longer required ("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 Resolution No. CRA-R-25-0028, adopted on June 17, 2025, is hereby rescinded in its entirety. Section 3. The Executive Director and SEOPW CRA staff are hereby authorized to take any and all actions necessary in furtherance of the Purpose stated herein. Section 4. The funds associated with this Project are hereby deallocated from Account No. 10050.920101.662000.00000.0000 — "Land." Section 5. The Executive Director is directed to return these funds to the SEOPW CRA's unrestricted fund balance. City of Miami Page 1 of 2 File ID: 19601 (Revision:) Printed On: 8/13/2026 File ID: 19601 Enactment Number: CRA-R-26-0039 Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: e Br out 7/16/2026 City of Miami Page 2 of 2 File ID: 19601 (Revision:) Printed on: 8/13/2026