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RESOLUTION NO. SEOPW/CRA R-00-49
A RESOLUTION BY THE BOARD OF DIRECTORS OF
THE COMMUNITY REDEVELOPMENT AGENCY
("CRA") (I) APPROVING A GRANT FROM TAX
INCREMENT FUNDS, TO ST. JOHN'S CDC FOR THE
ACQUISITION, GUTTING AND BOARDING OF THAT
CERTAIN SITE LOCATED AT NW 3RD AVENUE AND
12TH STREET (THE "FRANCHISE SITE"), WHICH
FRANCHISE SITE IS TO BE DESIGNATED FOR THE
PILOT FRANCHISE INITIATIVE, AND (II)
INSTRUCTING THE CRA TO RESERVE FUNDS TO
UPGRADE THE FRANCHISE SITE PENDING THE
DESIGNATION BY THE CRA OF A SUITABLE
FRANCHISE TO BE SELECTED BY COMPETITIVE
BIDDING.
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 (i) approve a grant from tax increment
funds, not to exceed $95,000, to St. John's CDC for the acquisition, gutting
and boarding of the Franchise Site, and (ii) and to reserve funds to upgrade
the Franchise Site pending the designation by the CRA of a suitable
franchise to be selected by competitive bidding.
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 (i) approve a grant from
tax increment funds from account number 689005.05512.4.754, not to exceed
$95,000, to St. John's CDC for the acquisition, gutting and boarding of the
Franchise Site, and (ii) and to reserve funds to upgrade the Franchise Site
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pending the designation by the CRA of a suitable franchise to be selected by
competitive bidding.
Section 3. The resolution shall be effective upon its adoption.
PASSED AND ADOPTED on this 22nd day of May, 2000.
APPROVED AS TO FORM
AND CORRECTNESS:
4e') lles&e
Holland & Knight LLP
CRA Legal Counsel
MIA1 #937226 v2
ur E. Teele, Jr., Chairman
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