City of Miami 819 NW2nd Ave 3rd Floor Miami, FL. 33136 http/miamicra.com  Meeting Agenda Thursday, October 24, 2024  10:00 AM City Hall 3500 Pan American Drive Miami, FL 33133  SEOPW Community Redevelopment Agency  Christine King, Chair, District Five Miguel Angel Gabela, Board Member, District One Damian Pardo, Board Member, District Two Joe Carollo, Board Member, District Three Manolo Reyes, Board Member, District Four SEOPW CRA OFFICE. ADDRESS: 819 NW: 2ND AVENUE, 3RP FLOOR MIAMI, FL3 33136 Phone: (305) 679-6800! Fax (305)6 679-6835 www.miamicra.com    Southeast Overtown/Park' West CRA  Meeting Agenda  October 24, 2024  CALL TOORDER CRA PUBLIC COMMENTS MINUTES APPROVAL  1. Saturday, September 07, 2024 2. Thursday, September 26, 2024  CRA RESOLUTION  1. 16742  CRA RESOLUTION  A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWNPARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), WITH ATTACHMENTIS), AUTHORIZING A HOUSING SUBSIDY AGREEMENT CAGREEMENT), RETROACTIVE TO OCTOBER 1, 2024, IN SUBSTANTIALLY THE FORM ATTACHED AS EXHIBIT "A," BETWEEN THE SEOPW CRA AND BLOCK 55 RESIDENTIAL, L.P., A FLORIDA LIMITED PARTNERSHIP ("OWNER"); AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS IN FIVE (5). ANNUAL INSTALLMENTS OF ONE MILLION SIX HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($1,600,000.00) ("FUNDS"), IN AN AGGREGATE AMOUNT NOT TO EXCEED EIGHT MILLION DOLLARS AND ZERO CENTS $8,000,000.00) ("PURPOSE"), SUBJECT TO THE AVAILABILITY OF FUNDING FROM ACCOUNT NO. 10050.920101.883000.0000.00000; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY, INCLUDING ANY AND. ALL AMENDMENTS THERETO, ALL IN FORMS ACCEPTABLETO COUNSEL; PROVIDING FOR THE INCORPORATION OF RECITALS AND  AN EFFECTIVE DATE. File # 16742 - Exhibit A  City of Miami  Page 2  Printed on 10/17/2024    Southeast Overtown/Park' West CRA  Meeting Agenda  October 24, 2024  2. 16741  CRARESOLUTION  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 NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS, PURSUANT TO SECTIONS 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; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISPERSE GRANT FUNDS, IN AN AMOUNT NOT TO EXCEED TWO MILLION DOLLARS AND ZERO CENTS ($2,000,000.00) ("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 TO HARLEM SQUARE LLC, A FLORIDA LIMITED LIABILITY COMPANY, TO UNDERWRITE COSTS ASSOCIATED WITH THE DEVELOPMENT OF "HARLEM SQUARE," A FULL SERVICE SUPPER CLUB, LOCATED AT 173 N.W. 11TH STREET, MIAMI, FLORIDA 33136 ("PURPOSE"); 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 INCORPORATION OF  INCORPORATED HEREIN AS EXHIBIT "A,"  THAT COMPETITIVE  RECITALS AND AN EFFECTIVE DATE. File # 16741 - Exhibit A File # 16741 - Notice to the Public File # 16741 - Backup  City of Miami  Page 3  Printed on 10/17/2024    Southeast Overtown/Park' West CRA  Meeting Agenda  October 24, 2024  3. 16826  CRARESOLUTION  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; WAIVING SAID PROCEDURES FOR COMPETITIVE SEALED BIDDING; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISPERSE FUNDS, AT HIS DISCRETION, ON A REMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION, SUBJECT TO THE AVAILABILITY OF FUNDING, FROM THE CORRESPONDING ACCOUNT NO. OTHER GRANT AIDS / NON - TIF REVENUE FUND -1 10051.920101.883000.0000.00000, IN AN AGGREGATE AMOUNT NOT TO EXCEED ONE HUNDRED EIGHTY THOUSAND DOLLARS AND ZERO CENTS ($180,000.00) ("FUNDS") TO ASSIST THE ORGANIZATION SET FORTH IN EXHIBIT "B," ATTACHED AND INCORPORATED HEREIN, IN PROVIDING YOUTH TRAINING PROGRAMS, AS DESCRIBED IN THEIR RESPECTIVE PROPOSAL, AS SET FORTH IN EXHIBIT "C," WITHIN THE REDEVELOPMENT AREA IN FISCAL YEAR 2024-2025 (PURPOSE); 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 # 16826 Exhibit A File # 16826 - Exhibit B File # 16826 - Exhibit C File # 16826 - Notice to the Public  City of Miami  Page 4  Printed on 10/17/2024    Southeast Overtown/Park' West CRA  Meeting Agenda  October 24, 2024  4. 16827  CRARESOLUTION  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; WAIVING SAID PROCEDURES FOR COMPETITIVE SEALED BIDDING; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISPERSE FUNDS, AT HIS DISCRETION, ON A REMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION, SUBJECT TO THE AVAILABILITY OF FUNDING, FROM THE CORRESPONDING ACCOUNT NO. OTHER GRANT AIDS / NON - TIF REVENUE FUND - 10051.920101.883000.0000.00000, IN AN AGGREGATE AMOUNT NOT TO EXCEED ONE HUNDRED SIXTY-SEVEN THOUSAND FIVE HUNDRED DOLLARS AND ZERO CENTS ($167,500.00) ("FUNDS')TO ASSIST THE ORGANIZATIONS SET FORTH IN EXHIBIT "B," ATTACHED AND INCORPORATED HEREIN, IN PROVIDING ARTS & CULTURE PROGRAMS FOR THE PRESERVATION OF HISTORICAL CULTURAL HERITAGE, AS DESCRIBED IN THEIR RESPECTIVE PROPOSALS AS SET FORTH IN EXHIBIT "C," WITHIN THE REDEVELOPMENT AREA IN FISCAL YEAR 2024-2025 ("PURPOSE"): 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 ANI EFFECTIVE DATE.  File # 16827 - Notice to the Public File # 16827 - Exhibit A File # 16827 - Exhibit B File # 16827 - Exhibit C  City of Miami  Page. 5  Printed on 10/17/2024    Southeast Overtown/Park' West CRA  Meeting Agenda  October 24, 2024  5. 16740  CRARESOLUTION  A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), WITH ATTACHMENTIS), AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE A NEW LEASE AGREEMENT ("LEASE"), IN SUBSTANTIALLY THE FORM ATTACHED AS EXHIBIT "A," WITH BLOCK 55 ORG OWNER, LLC, A FLORIDA LIMITED LIABILITY COMPANY ("BLOCK 55") FOR 1,000 SQUARE FEET OF RETAIL AND/OR COMMERCIAL SPACE ("PURPOSE") AT 249 N.W. 6TH STREET, SUITE 108, MIAMI, FLORIDA, 33136 ("PROPERTY), FOR A TEN (10) YEAR INITIAL TERM, AT A TOTAL BASE RENT OF TWENTY THOUSAND DOLLARS AND ZERO CENTS ($20,000.00) ANNUALLY, WITH A FIVE PERCENT (5%) ANNUAL INCREASE AFTER THE FIRST LEASE PERIOD, 10050.920101.544000.0000.00000; 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; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE.  ALLOCATING  FUNDS  FROM  ACCOUNT  NO.  File # 16740 - Exhibit A  6. 16828  CRARESOLUTION  A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWNPARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), WITH ATTACHMENT/S), AUTHORIZING THE EXECUTIVE DIRECTOR WITH THE PROSPECTIVE AUTHORITY TO NEGOTIATE. AND EXECUTE. A SUBLEASE AGREEMENT SUBLEASE)ON OR AFTER DECEMBER 7, 2024, IN SUBSTANTIALLY THE FORM ATTACHED AS EXHIBIT "A," FOR 1,000 SQUARE FEET OF COMMERCIAL SPACE FOR RETAIL USE ("PURPOSE") AT 249 N.W. 6TH STREET, SUITE 108, MIAMI, FLORIDA, 33136, FOR WHICH TERMS MAY BE AMENDED BY THE EXECUTIVE DIRECTOR, ALL IN FORMS ACCEPTABLE TO COUNSEL, SUBJECT TOTHE EXPIRATION OF THE 30-DAY NOTICE OF DISPOSITION OF PROPERTY AND REQUEST FOR PROPOSAL, ATTACHED AND INCORPORATED HEREIN AS EXHIBIT "B", PURSUANT TO FLORIDA STATUTES SECTION 163.380 3(A); PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE.  File # 16828 - Exhibit A File # 16828 -Exhibit B  City of Miami  Page 6  Printed on 10/17/2024    Southeast Overtown/Park' West CRA  Meeting Agenda  October 24, 2024  7. 16829  CRARESOLUTION  A RESOLUTION OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY PROVIDING FOR THE ISSUANCE OF TAX INCREMENT REVENUE BONDS OF THE AGENCY TO FINANCE OR REFINANCE THE ACQUISITION AND CONSTRUCTION OF COMMUNITY REDEVELOPMENT PROJECTS IN THE REDEVELOPMENT AREA OF SUCH AGENCY; PROVIDING FOR THE PAYMENT AND SECURITY THEREOF; MAKING CERTAIN COVENANTS AND AGREEMENTS IN CONNECTION THEREWITH; PROVIDING FOR AND AUTHORIZING THE ISSUANCE OF ITS TAX INCREMENT REVENUE BONDS, SERIES 2024 IN THE ORIGINAL AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $150,000,000, TO BE ISSUED IN ONE OR MORE SERIES, FOR THE PURPOSE OF FINANCING CERTAIN GRANTS TO BE USED FOR THE CONSTRUCTION OR REHABILITATION OF AFFORDABLE HOUSING, FINANCING THE CONSTRUCTION OF OTHER CAPITAL IMPROVEMENTS IN THE REDEVELOPMENT AREA, AND REFINANCING CERTAIN OUTSTANDING OBLIGATIONS; DELEGATING THE AWARD OF THE SALE OF THE SERIES 2024 BONDS TO THE EXECUTIVE DIRECTOR; PROVIDING FOR SECURITY FOR THE HOLDERS OF SUCH SERIES 2024 BONDS; APPROVING THE FORM OF A PRELIMINARY OFFICIAL STATEMENT AND DELEGATING TO THE EXECUTIVE DIRECTOR THE AUTHORITY TO DEEM FINAL FOR CERTAIN PURPOSES AND APPROVE THE USE OF AND DISTRIBUTION OF THE PRELIMINARY OFFICIAL STATEMENT AND FINAL OFFICIAL STATEMENT WITH RESPECT TO THE SERIES 2024 BONDS; APPOINTING A REGISTRAR, PAYING AGENT AND FISCAL AGENT; APPOINTING AN ESCROW AGENT; APPOINTING A VERIFICATION AGENT; PROVIDING CERTAIN OTHER COVENANTS AND AGREEMENTS IN CONNECTION WITH THE ISSUANCE THEREOF; PROVIDING CERTAIN OTHER DETAILS WITH RESPECT THERETO; PROVIDING FOR SEVERABILITY; AND  PROVIDING AN EFFECTIVE DATE.  City of Miami  Page7  Printed on 10/17/2024    Southeast Overtown/Park' West CRA  Meeting Agenda  October 24, 2024  8. 16830  CRARESOLUTION  A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), WITH ATTACHMENTIS), AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE THE SETTLEMENT AGREEMENT "AGREEMENT), ATTACHED AND INCORPORATED HEREIN AS EXHIBIT "A", BETWEEN THE SEOPW CRA AND H.A. CONTRACTING CORPORATION (H.A.C.C.) ("PURPOSE") IN THE AMOUNT OF TWO MILLION ONE HUNDRED FORTY-SEVEN THOUSAND TWO HUNDRED NINETY-SIX DOLLARS AND FIFTY-FOUR CENTS ($2,147,296.54), ALLOCATING FUNDS FROM OTHER GRANTS AND AIDS ACCOUNT NO. 10050.920101.883000.0000.00000; 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; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE.  File # 16830 - Exhibit A  ADJOURNMENT  City of Miami  Page 8  Printed on 10/17/2024