HomeMy WebLinkAboutSEOPW-CRA-R-00-0118ITEM 16A
• SEOPW/CRA
s
RESOLUTION NO. SEOPW/CRA 6 i, '"' : ��� f� �
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
COMMUNITY REDEVELOPMENT AGENCY ("CRA")
AUTHORIZING THE. TOTAL EXPENDITURE OF $3 MILLION
FOR THE OVERTOWN CULTURAL AND TECHNOLOGY
CENTER AND APPROVING THE CAPITAL AND OPERATING
BUDGET FOR THE OVERTOWN CULTURAL AND
TECHNOLOGY CENTER, SUBJECT TO AVAILABLE FUNDS.
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 authorize the total expenditure of $3
million for the Overtown Cultural and Technology Center and approve the
capital budget of $2.4 million and the operating budget of $600,000 for the
Overtown Culture and Technology, subject to available funds..
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 total
expenditure of $3 million for the Overtown Cultural and Technology, subject
to available funds.
Section 3. The Board of Directors of CRA hereby approves the
capital of $2.4 million and the operating budget of $600,000 for the Overtown
Cultural and Technology Center.
Section 4. The resolution shall be effective upon its adoption.
PASSED AND ADOPTED on this 20th day of November, 2000. * PVC/CRA
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ITEM 16A
SEOPW/CRA
04
APPROVED AS TO FORM
AND CORRECTNESS:
Holland & Knight LLP
CRA Legal Counsel
AN
aft
Arthur E. Teele, Jr., Chairman
SEOPW/CRA,
CITY OF MIAMI, FLORIDA
•
ITEM 16A
INTER -OFFICE MEMORANDUM
Chairman Teele and
TO: oarE
Members of the CRA Board
SUBJECT:
FROM: Dlpak M. Pare lCh REFERENCES :
Executive Directo
November 6, 2000
FILE
Budget for Overtown Cultural and
Technology Center
ENCLOSURES: Resolution and Budget
RECOMMENDATION
It is respectfully recommended that the CRA Board of Directors adopt the attached resolution outlining
the proposed expenditure for the Overtown Cultural and Technology Center subject to the availability of
the funds.
BACKGROUND
A resolution of the Board of Directors of the CRA authorizing i) the expenditure of $3 million for the
goOvertown Cultural and Technology Center subject to available funds and ii) approving the capital and
operating budget for the Overtown Cultural and Technology Center.
The Cultural and Technology Center is proposed with the purpose of preparing the citizens of the
Overtown community with the necessary skills needed to integrate with the NAP facility that is being
constructed within the CRA Boundaries. Along with the construction of the NAP will be high tech
opportunities in the local Overtown area and the City as a whole.
Funding Source: CDBG Partial and potential Grants
Account Number: N/A
SE0PW1 . 0 0 - 118