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HomeMy WebLinkAboutCRA-R-26-0040 Exhibit A _ 4-5th Signed Recommendation _ TML Overtown LLC (Touching Miami with Love)SEOPW Board of Commissioners Meeting July 23, 2026 THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 4/5ths RECOMMENDATION INTER -OFFICE MEMORANDUM To: Board Chair Christine King and Date: July 23, 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 TML Overtown, 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"). TML Overtown, LLC, a Florida Limited Liability Company ("Grantee"), has submitted a proposal to address critical building repairs improvements ("Purpose") for its property located at 711 N.W. 6thAvenue, Miami, Florida 33136 (the "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 Hundred Fifty Thousand Dollars and Zero Cents ($350,000.00) ("Funds"), from the SEOPW CRA to underwrite a portion of the cost for the repair improvements. 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 es D. McQueen, Executive Director 1