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Home My WebLink AboutOMNI-CRA-M-99-0005LCJ.1� YI February 5. 1999 Mr. Donald Warshaw City Manager 444 SW 2nd Avenue loth Floor Miami, FL 33130 'sowed rawer fteK Suitt 1815 MUnd. PIW& 33130 Plbow (3M 347.5633 FU (303) 371.3160 Re: Omni & SE Overtown Park West CRA Dear Mr. Warshaw: ROMT G. NATTit MM 7W77m AMea immiqua n1 aw aAUku L* Slw14oa p. aft... The Financial Emergency Oversight Board's Contract Review Committee (hereinafter, the "Committee") has received and reviewed the Interlocal Cooperation Agreement and other documents related to' the City of Miami's request for $3,022,349 for the captioned entities. The Committee would greatly appreciate receiving the City's response to the following: 1. What is the nature of the fiscal oversight the City intends to maintain over the requested Ands onn= the transfer to the CRA is complete? Stated another way. is the CRA subject to any opcndonW or fiscal controls of the City as it relates to the funding it seeks tam the City? 2. What is the source of the funds the CRA is requesting? status? 3. What is the legal and operational significance of the subgrantee and grantee 4. In the City's opinion, once the CRA receives the finds requested, arc the contracts entered into or the funds expended by the CRA within the purview Board's review? of the Oversight S. What is the status of the CRA audit? Is the audit designed or intended to identifj► whether city funds and resources were used for the benefit of City residents? Please explain. Your cooperation in this matter is greatly appreciated. Sincerely, Robert Q. Beatty, C RGB/kmc Contract Review Committee MU"99157 b0ib0'd 0KM#E6666#E944 Ol 6644 68L SO£ 1FE) I NN QNt1� ad SZ : 9 i 666 T SO ®d OM/CRA 9 - 5 / o Y L' iWIFIfff BOARD Adolfo HuviQu« Chairman 150 West Flagler Street, Suite 1815 Robert G. Beatty Mlami, Florida 33130 Cynthia W. Curry Phone (305) 34�3 Fax (305) 371-3160 Maria Camna Lei" Sheldon D. Sdme February 5, 1999 ROBERT G. BEATTY (305) 789-7763 Mr. Donald Warshaw City Manager 444 SW 2nd Avenue loth Floor Miami, FL 33130 Re: Omni & SE Overtown Park West CRA Dear Mr. Warshaw: The Financial Emergency Oversight Board's Contract Review Committee (hereinafter, the "Committee") has received and reviewed the Interlocal Cooperation Agreement and other documents related to the City of Miami's request for $3,022,349 for the captioned entities. The Committee would greatly appreciate receiving the City's response to the following: 1. What is the nature of the fiscal oversight the City intends to maintain over the requested funds once the transfer to the CRA is complete? Stated another way, is the CRA subject to any operational or fiscal controls of the City as it relates to the funding it seeks from the City? 2. What is the source of the funds the CRA is requesting? 3. What is the legal and operational significance of the subgrantee and grantee status? 4. In the City's opinion, once the CRA receives the funds requested, are the contracts entered into or the funds expended by the CRA within the purview of the Oversight Board's review? 5. What is the status of the CRA audit? Is the audit designed or intended to identify whether city funds and resources were used for the benefit of City residents? Please explain. Your cooperation in this matter is greatly appreciated. Sincerely, Robert G. Beatty, Chain, Contract Review Committee RGB/kmc �3h/A, 9 w MIA4-699157 FL'YAL REVISED AGE�I OMiVI/CRA M-99-1 SEOPW/CRA M-99-1 Southeast Overtown/Park West and Omni Redevelopment Districts Board of Directors Meeting Doubletree Grand Hotel 1717 North Bay Shore Drive Miami, Florida March 8, 1999 5:00 PM AGENDA 1. Discussion of KPMG Peat Marwick fee proposals to perform various audit -related Professional services on behalf of the Community Redevelopment Agency (the "CRq°). a. Review of audits previously conducted of the Southeast OvertowrJPark West Trust Fund for Fiscal Years 1982 through 1998, as authorized by SEOPW/CRA R-98-26. b. Study of trends, practices and other factors affecting the tax base of the CRA and the scope of services to be performed relative to the study, as authorized by SEOPW/CRA R-98-27 and Omni/CRA R-98-7. C. Study of the effect of property ownership conversion to governmental or tax exempt organizations may be having on the CRA's ability to remove slum and blight from the Southeast Overtown/Park West and Omni Redevelopment Areas and the scope of services to be performed relative to the study, as authorized by SEOPW/CRA R-98-28 and Omni/CRA R-98-8. d. Performance of a risk assessment audit of the Poinciana Village Condominiums project from the commencement of such project, with such audit including, but not limited to an examination of commitments made to the project's developer, commitments made by the project's developer to individual buyers at the time of unit purchases and monies lost in the project by other investors, as authorized by SEOPW/CRA R-98-29. _ s C. Feasibiliry study of phase IV of the Poinciana Village Condominiums project to deterruine the feasibility of phase IV being completed as 91 condominium units, 125 room hotel or a 125 room ended stay facility, as authorized �OPW/CRA R-98-29.1. Performance of a management audit of the Homeowner's Association of Poinciar Village Condominiums project and the scope of services, as authorized b SEOPW/CRA R-98-29.2. g. Performance of a financial audit of the parking revenues generated from parkin, lots within the community redevelopment areas and to be paid to the CRA by th City of Miami's Department of Off -Street Parking pursuant to the assignment o leases from the City of Miami to the CRA, as authorized by SEOPW/CRA R-98 30. SEOPW/CRA M-99-2 2. Discussion of the status of the Sawyer's Walk project, DISCUSSED 3, Status report of the Special Counsel regarding the preparation of a written repor analyzing the transfer of the property known as the Miami Arena land from the CRA to the Cit) of Miami, including a study of land values at the time of the transfer and appropriate title searches. DISCUSSED 4. Presentation of an innovative financial plan for businesses in the historic Northwest Third Avenue Corridor by Miami Capital Development Corporation, Inc. OMVI /CRA M-99-6 5. Resolution of the Board of Directors of the CRA authorizing an agreement between the CRA and Greater Miami Neighborhoods, Inc,, in the amount of $75,000 for Greater Miami SEOPW/CRA Neighborhoods, Inc. to provide certain property identification services, to conduct due diligence M-99-5 services related t0 the ro rties, p pe to negotiate the purchase of properties and to perform and complete certain development activities and services as requested by the CRA, as authorized by SEOPW/CRA R-98-40.2 and Omni/CRA R-98-11. SEOPW/CRA 6. Resolution of the Board of Directors of the CRA ratifying the Air and Space Agreement M-99-6 between the CRA and Florida Department of Tra R-99-8 P nsportation providing fora 20 year lease of the airspace at I-95 and 395 for the purpose of displaying an exhibition of art and objects of art having an African, African American and Caribbean theme, as authorized by SEOPW/CRA M- 98-40.3 . SEOPW/CRA 7, Resolution of the Board of Directors of the CRA authorizing CRA Executive Director R-99-7 to negotiate and execute an agreement between the Community Redevelopment Agency and Florida International University for Florida International University to provide volunteer labor and services for a period of 5 years to maintain the gardens under the right of way of I-95 and I-395 and to complete the art work pursuant to that certain air and space lease agreement between the CRA and Florida Department of Transportation. 2 OWL"CRA 9 9 -- 5 CMNI/CRA 8. Resolution of the Board of Directors of the CRA ratifying the act of the City CommissiL R-99-3 of the City of Miami, taken on February 23, 1999, accepting Miami -Dade County's Omni T: Increment payment of $584,224 for calendar years 1996-97 and 1997-98 in accordance with ti Omni Interlocal Agreement between and among Miami -Dade County, the City of Miami and L. CRA. OMNI/CRA 9. Resolution of the Board of Directors of the CRA authorizing the CRA Executive Direct( R-99-4 to issue payment to Miami -Dade County in the amount of $280,277 pursuant to the Interloc Cooperation Agreement between and among the City of Miami, Miami -Dade County and tl CRA. DISCUSSED 10, Presentation by the Omni Redevelopment Area Advisory Board DEFERRED 11. Presentation by the Overtown Advisory Board. OM[VI /CRA 12. Presentation regarding Margaret Pace Park, Gibson Park, Gibson Park Annex, Williatr M-99-2 Park, Range Park, Dorsey Park and Reeves Park. OMNI/CRA 13. Discussion of the Board of Directors of the CRA regarding the M-99-5 g g potential Conflict c - _ _ _ _ interest arising as a result of Holland & Knight, LLP serving as Special Counsel to the CR. -9C� while its new partner, Robert Beatty is serving (although not in his capacity as a Holland d M99--3Knight LLP attorney) on the City of Miami Oversight Board and its Contract Reviev Committee. SEOPW/CRA 14. Discussion of the status of the Interlocal Cooperation Agreement between the CRA anc M-99_9_ the City of Miami. CMNI/CRA M-99-7 15. Discussion of the Board of Directors of the CRA regarding Article V of the Interlocal DISCUSSED Cooperation Agreement between the City of Miami and the CRA relating to personnel and other resources to be provided by the City of Miami to the CRA. SECPW/CRA 16. Resolution of the Board of Directors of the CRA approving in concept a resolution R-99-4 creating a S1,000,000 Ovenown Innovative Business Development Program to be prepared by Miami Capital Development Corporation, Inc. and forwarding the resolution on to the City Commission of the City of Miami for review and final action. DISCUSSED 17. Report by Vice -Chairman Gort regarding the expansion number of directors serving on the Board of Directors of the CRA from five directors to seven directors. M1A&69W36.2 3 OMW/CRC 9 9 - 5