HomeMy WebLinkAboutCRA-R-26-0045Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-26-0045
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
File Number: 19814 Final Action Date:9/10/2026
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"), RESCINDING RESOLUTION NO. CRA-R-25-0072, ADOPTED
ON NOVEMBER 20, 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. 10050.920101.883000.0000.00000 "OTHER
GRANTS AND AIDS"; PROVIDING FOR THE INCORPORATION OF RECITALS
AND AN EFFECTIVE DATE.
WHEREAS, the SEOPW CRA wished to assist F.S.H. Holdings, LLC, a Florida limited liability
company, for critical structural, safety, and cosmetic improvements, along with a comprehensive
modernization of the electrical system for the creation of affordable housing at 1127 Northwest 1st Place,
Miami, Florida 33136 (Folio No. 01-3136-009-1950) ("Property") ("Project"); and
WHEREAS, through Resolution No. CRA-R-25-0072, adopted on November 20, 2025, the
Board of Commissioners authorized the Executive Director to negotiate and execute a grant agreement, in
a form acceptable to Counsel, between the SEOPW CRA and F.S.H. Holdings, LLC, to underwrite costs
associated with the Project; and
WHEREAS, no actions were taken in furtherance of Resolution No. CRA-R-25-0072 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-25-0072, adopted on November 20, 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rescinded in its entirety.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.
10050.920101.883000.0000.00000 — Other Grants and Aids.
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: 19814 (Revision:) Printed On: 9/25/2026
File ID: 19814 Enactment Number: CRA-R-26-0045
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
ounsel 9/3/2026
City of Miami Page 2 of 2 File ID: 19814 (Revision:) Printed on: 9/25/2026