HomeMy WebLinkAboutSEOPW-CRA-R-00-0057RESOLUTION NO. SEOPW/CRA R-00-57
A RESOLUTION AUTHORIZING THE COMMUNITY
REDEVELOPMENT AGENCY (THE "CRA") TO ENTER
INTO A FUNDING AGREEMENT WITH THE CITY OF
MIAMI (THE "CITY") TO FUND VARIOUS PROJECTS
WITHIN THE REDEVELOPMENT AREA, WHICH
FUNDING AGREEMENT IS TO BE EXECUTED BY THE
DIRECTOR OF OPERATIONS, ADMINISTRATION AND
DEVELOPMENT (THE "DIRECTOR").
WHEREAS, the City of Miami approved and adopted the Southeast
Overtown/Park West Community Redevelopment Plan pursuant to
Resolution Nos. 82-755 and 85-1247 (the "Redevelopment Plan"); and
WHEREAS, the CRA is responsible for carrying out community
redevelopment activities and projects in the Southeast Overtown/Park West
Redevelopment Area (the "Redevelopment Area") established pursuant to the
Redevelopment Plan; and
WHEREAS, the CRA desires to enter into a funding agreement with
the City to fund various projects within the Redevelopment Area.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to
this Resolution are incorporated herein as if fully set forth in this Section.
Section 2. The CRA is hereby authorized to enter into a funding
agreement with the City to fund various projects within the Redevelopment
Area, which funding agreement is to be executed by the Director.
Section 3. The resolution shall be effective upon its adoption.
PASSED AND ADOPTED on thif, 26th day of June, 2000.
Arthur E. Teele, Jr., Chairman
SEOPW 1 CRA i'
APPROVED AS TO FORM
AND CORRECTNESS:
Holland & Knight LLP
CRA Legal Counsel
MIA1 #946263 v2
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-r0pW/CRA7
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Chairman Teele and DATE: June 16, 2000
Honorable Members of the CRA Board
FROM: Robert L. Tyler 0 Cr
Dir. Of Op., Admin. & Dev.
SUBJECT: Funding Agreement
REFERENCES: Resolution 00-427
FILE:
ENCLOSURES: Resolution and the Agreement
RECOMMENDATION
It is respectfully requested that the Board adopt the attached resolution authorizing the CRA to enter into
a funding agreement with the City of Miami regarding funding for various projects within the
Redevelopment Area in accordance with the approved CRA budget.
BACKGROUND
On May 11,2000, the City Commission through resolution 00-427 approved a total of $5 million in
CDBG funds to be allocated to the CRA. A funding agreement is required for the CRA to receive the
funds.
Funding Source: Not Applicable
Account Number: Not Applicable
SEOMCRA �0
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