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HomeMy WebLinkAboutSEOPW-CRA-R-00-0096RESOLUTION NO. SEOPW/CRA R-00-96 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE CRA TO REQUEST THAT THE CITY OF MIAMI ("CITY") PROVIDE A GRANT IN THE AMOUNT OF $375,000.00 FOR THE PURPOSE OF FACILITATING THE' DEVELOPMENT OF THE TECHNOLOGY CENTER OF THE AMERICAS. 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 that the City provide a grant in the amount of $375,000.00 for the purpose of facilitating the development of the Technology Center of the Americas 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 Board of Directors of CRA hereby authorizes the CRA to request the City to provide a grant in the amount of $375,000.00 for the purpose of facilitating the development of the Technology Center of the Americas within the Redevelopment Area. Section 3. The resolution shall be effective upon its adoption. PASSED AND ADOPTED on this 25th day of September, 2000. APPROVED AS TO FORM AND CORRECTNESS: Holland & Knight LLP CRA Legal Counsel MIA1 #972511 v1 40; Arthur E. Teele, Jr., Chairma 0 9 SPOPW/CRA 2 TO: Chairman Teele and Members of the CRA Board FROM: Robert L. Tylerz L l Dir. Of Op., Admin. & Dev. CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM DATE: SUBJECT REFERENCES September 18, 2000 FILE : Technology Center of the Americas ENCLOSURES: Resolution RECOMMENDATION It is respectfully recommended that the Board adopt the attached resolution authorizing the CRA to request that the City of Miami provide a grant for $450,000.00 to facilitate the development of the Technology Center of the Americas. BACKGROUND Resolution requesting the City of Miami to provide a grant in the amount of $450,000.00 for the purpose of facilitating the development of the Technology Center of the Americas. In a letter dated May 17, 2000 the CRA pledged to incentives valued at $750,000 to $1.5 million for the development of the Technology Center of the Americas. Funding Source: N/A Account Number: N/A swPWICRA