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HomeMy WebLinkAboutSEOPW-CRA-R-02-0062SEOPW/CRA ITEM 4 SEOPW/CR 2 RESOLUTION NO. 0 2 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") APPROVING, RATIFYING AND ADOPTING A LEND-LEASE POLICY FOR THE CRA, AS DETAILED IN EXHIBIT "A", PERTAINING TO THE LEASING OF COMMERCIAL EQUIPMENT TO QUALIFIED OWNERS OF BUSINESSES LOCATED ALONG THE HISTORIC NORTH WEST 3RD AVENUE BUSINESS CORRIDOR ("D.A. DORSEY WAY") BETWEEN NORTH WEST 8TH STREET AND NORTH WEST 14TH STREET. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SOUTHEAST 0`.'ERTOWN/PARK WEST 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 approves, ratifies and adopts a lend-lease policy for the CRA, as detailed in Exhibit "A", pertaining to the leasing of commercial equipment SEOPW/CRA 62- 62 to qualified owners of businesses located along the historic North West 3rd Avenue Business Corridor (D.A. Dorsey Way) between North West 8th Street and North West 14th Street. Section 3. The Resolution shall be effective upon its adoption. PASSED AND ADOPTED on this 25th day of April, 2002. ARTHUR E. TEELE, JR., CHAIRMAN ATTEST: PRISCILLA A. THOMPSON CITY CLERK APPROVED AS T M AND CORRECTNESS: S"I"4IR5 VILARELLO OY ATTORNEY SEOPW/CRA R-02-62:kdw:ELF Page 2 of 2 SEOPW/CRl 02- 62 CM ITEM 4 RESOLUTION NO. SEOPW/CRA R- 0 Aw 6 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST (SEOPW) COMMUNITY REDEVELOPMENT AGENCY (CRA) ADOPTING THE LEND- LEASE POLICY OF THE CRA, AS DETAILED IN EXIIIBIT "A", AS IT RELATES TO THE LEASING OF COMMERCIAL EQUIPMENT PROPERTIES TO QUALIFIED BUSINESSES LOCATED ALONG THE HISTORIC NW 3"D AVENUE BUSINESS CORRIDOR ("D.A. DORSEY WAY") BETWEEN NW 8"" STREET AND NW 14TH STREET, D.A. DORSEY WAY. 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 Board of Directors hereby adopts the CRA lend-lease policy as detailed in Exhibit "A", as it relates to the leasing of commercial equipments to qualified businesses located along the historic NW 3rd Avenue Business Corridor. (D.A. Dorsey Way) Section 3. This resolution shall be effective immediately upon its adoption. PASSED AND ADOPTED this 25th day of April, 2002. Priscilla A. Thompson Clerk of the Board APPROVED AS TO FORM AND CORRECTNESS: Alejandro Vilarello CRA General Counsel Arthur E. Teele, Jr., Chairman SEOPW/CRA 02 - 62 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM o DATE: April 25, 2002 FILE: Chairman Arthur E. Teele, Jr. and Members of the CRA Board SUBJECT: Lend -Lease Policy Annette E. Lewis REFER FRO MActing Executive Director, CRA �ution, supporting documents ENCLOSURES: RECOMMENDATION It is respectfully recommended that the CRA Board of Directors approve the attached resolution adopting the Lend -Lease Policy of the CRA, as detailed in Exhibit "A", as it relates to the leasing of commercial equipments to qualified businesses located along the historic ("D.A. Dorsey Way") NW P Avenue Corridor between NW 8th Street and NW 140' Street. BACKGROUND On May 21, 2001 and June 30, 1998 the CRA Board adopted resolutions SEOPW/CRA R-01-49 and SEOPW/CRA R-98-16 which sought to provide technical assistance to qualified commercial business along NW 3`a Avenue between NW 8 Street and the NW 14t` Street by loaning much needed commercial equipment to said businesses. One of the requirements to participate in the program is that the business owners must operate an apprenticeship program for local residents, thus creating job opportunities in the area. Funding Source: Not Applicable Account Number: Not Applicable SEOPW/CRA 02- 62