The Omni Community Redevelopment Agency (CRA) Board met on April 23, 2026 at 17:15 UTC. The meeting addressed two consent resolutions (funding and loan subordination) and a discussion item on the fiscal year 2025 audit. No public comments were received.
The Southeast Overtown Park West CRA meeting. Good afternoon, everyone. What happened, Todd? Sorry. I thought I had heard um Omni. Oh, he can't well, because he was they told me to go with the other one because he left the dice. Well we'll have to flip the tape. Okay, never mind. We'll just go with Omni, because the chair is back. We'll go with the Omni, because they flipped the tape for the Omni. Go with the Omni. Carlito. We're going with Omni, he's back. All in favor? All right. Motion carries. The public comment period is now open for all resolutions and discussion items on today's agenda. Oh, yeah, go ahead. No, no worries. Good afternoon, uh Javier Alban, Deputy City Attorney for the Office City Attorney here serving as general counsel for the Omni CRA. Item number one is a resolution of the Board of Commissioners of the Omni CRA by four-fifths vote authorizing the allocation of grant funds in an amount not to exceed four million dollars to Estella Lockett to underwrite costs associated with a redevelopment and rehabilitation of the Lockett House, a 10-unit residential affordable housing mixed use project located at 157 Northwest 17th Street, further authorizing the executive director to disperse funds for the project and to negotiate and execute a forgivable loan and supporting documents, all being subject to the rents uh being restricted for 50 years, as more particularly described in a restricted covenant to be recorded in the public records of Miami Dade County. And item number one is being amended to reflect an update in the memo clarifying that the funds are to be used for the redevelopment and rehabilitation costs associated with the project. And item number two is a resolution of the Board of Commissioners of the Omni CRA authorizing and approving the subordination of the CRA's forgivable loan as authorized pursuant to resolution number CRAR-24-0046 and amended pursuant to resolution number CRAR-26006 uh made to Cush property LLC for the mixed use affordable housing development located at 2003 North Miami Avenue to the additional lender NRD one public benefits trust fund of the Wigwood Business Improvement District in an amount not to exceed $2,800,000, further authorizing the executive director to negotiate and execute an amendment to the forgivable loan agreement, a subordination agreement, and any additional necessary documents to effectuate said subordination. Okay, the public comment period is now open for all resolutions and discussion items on today's agenda. Public comment? Anyone here for public comment? Okay. Seeing no further public comment, the public comment period is now closed. Is there any discussion among the board members regarding resolutions one and two? No. No. Is there a motion for resolutions one and two? So moved. All those in favor? Aye. Motion carries. With item number one is amended. Then we also have item DI1. This is a discussion item for our audit. If Richie's on Zoom, you can put Richie through. If the uh the Zoom administrator can allow Mr. Tendock to appear on the screen. Can you hear me? Yes, we can hear you. Oh good afternoon, Chair and Board members. Uh, my name is Ridgie Tannock with Richie Tannock TA, CPA. I am the partner in charge of the Omni CRA's audit engagement for the fiscal year ended September 30th, 2025. Um, I thank you very much for allowing me to present via Zoom. Uh before I get into my brief presentation, I'd like to thank Carlos Suarez and Larry Spring for their cooperation and assistance in completing this year's audit of the CRA. Yes.