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HomeMy WebLinkAboutSEOPW-CRA-R-02-0147SEOPW/CRA ITEM 7C RESOLUTION NO.0 2 14 7 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") ACCEPTING, APPROVING AND ADOPTING THE CAPITAL PROGRAMS AND ACTIVITIES BUDGET FOR FISCAL YEAR 2003, AS PRESENTED BY THE CHIEF FINANCIAL OFFICER OF THE CRA. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE.,SOUTHEAST OVERTOWN/ 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 hereby accepts, approves and adopts the Capital Programs and Activities Budget for fiscal year 2003, as presented by the Chief Financial Officer of the CPA. Section 3. This resolution shall be effective immediately upon its adoption. SEOP/M 02- 147 PASSED AND ADOPTED this 26th day of September, 2002. ATTEST: PRISCILLA A. THOMPSON CITY CLERK APPROVED AS TO FORM AND CORRECTNESS--, RO VILARELLO TORNEY SEOPW/CRA R-02-147:ELF ARTHUR E. TEELE, JR., CHAIRMAN Page .2 of 2 SE&WIC RA 02- 147 CITY OF MIAMI COMMUNITY REDEVELOPMENT AGENCY PROJECT PROGRAMS SUMMARY FISCAL YEAR 2002-2003 Estimated Funding (If Av■llable) Profeet Dwriotion Activ cost $t,ttus Funding Source Account Number Comments i 9th Street Mall CRA Phase II Construction s 3,500,000 F CDBG 799125 Pending Environmental impact . Based on project delay project expenses will require updating of construction figures & possibly 2 Commercial Revitalization Program Technical Assistance & Cotsshvction i 420,000 F SEOPW TIF 699005,550013.6.940 & 799) 25. renegotiate Grants to businesses 3 Food Franchise - Planning Planning & Technical Assistance 15,000 F SEOPW TIF 689001.550108.6.270 Pending contract negotiations 4 Food Franchise Construction 300,000 PF SEOPW TIF 689001.550108 6.940 Pending contract negotiations Needs to be assigned to CRA 5 1 Ith Street Improvements (Biscayne Blvd. to NW 5th Ave) Planning & Design 350,000 PF SEOPW TIF 699001.550108.6.270 consultant 6 Artist in Residence (Divine Mission) Planning 8c Design 150,000 F SEOPW TIF 689001,550108.6.270 Pending assessment plan 7 Commercial Equipment Loan Program Loan program 175,000 F SEOPW TIF & OMNI TIF 689001,550108,6.940 & 686001.590370.6.940 Pending finalization of policy 8 Miami Skills Center Planning & Design 500,000 PF SEOPW TIF Section 108 Pending loan application Pending JPA with 9 Parking beneath 1-395 Planning and Design i 350,000 F SEOPW TIF 689001.550108.6.270 FDOT/coordination with DOSP 10 Paricing beneath 1-395 Construction 3,500,000 OF CDBQ Section 108 Pending loan application I 1 Redevelopment area fencing Construction 2,000,000 PF SEOPW TIF & OMNI TIF 689001,550108.6.940 & 686001,590320.6.940 Pending final agreements 12 Omni Marketing & Promotion Plan Planning 350,000 F OMNI TIF 686001.590320.6.690 13 Update of the Omni Redevelopment Plan Planning 250,000 F OMNI TIF 686001.590320.6.270 Requires issuance of RFP 14 Completion of the SEOPW Redevelopment Plan Planning 250,000 F SEOPW TIF 689001.550108 6.270 Rollover Total 12,110,000 F =FUNDED PF - PARTIALLY FUNDED OF - UNFUNDED Recap by funding source SEOPW 4,010,000 OMNI 600,000 CDBG 3,500,000 Section 108 4,000,000 12,110,000 Pending final authorizations from primary government & actual I Ith Street Improvements (Q SI.OMlmile) Construction 3,000,000 OF Bond Issue Bond Trust Fund issuance Pending final authorizations from primary government & actual Resurfacing of 3rd Ave between 8th-14th (cQ $ I OOKlmlle) Construction 500,000 OF Bond Issue Bond Trust Fund issuance Pending final authorisations from primary government & actual Grand Promenade Improvements P D E & Construction 2,500,000 OF Bond Issue Bond Trust Fund issuance Pending final authorizations from primary government & actual NET Office & Mectiog/Banquet Facility P D E & Construction 3,000,000 Ufi, Bond Issue Bond Trust Fund issuance 9,000,000 , I Funding based on the return of an advance to FDOT in the amount of $500,000 (the difference will have priority allocation to the Community Revitalization Project - 3rd Avenue Businesses) RESOLUTION NO. SEOPW/CRA A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST (SEOPW) COMMUNITY REDEVELOPMENT AGENCY (CRA) ADOPTING THE CAPITAL PROGRAMS AND ACTIVITIES BUDGET FOR FISCAL YEAR 2003, AS PRESENTED BY THE CHIEF FINANCIAL OFFICER.OF THE CRA. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SEOPW 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 Capital Programs and Activities budget for Fiscal Year 2003, as presented by the Chief Financial Officer of the CRA. Section 3. This resolution shall be effective immediately upon its adoption. PASSED AND ADOPTED this 12'' day of September, 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- 147 CRA AGENDA September 12, 2002 ITEM' CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM To: Chairman Arthur E. Teele, Jr. and Date: August 26, 2002 File: Members of the CRA Board Subject: Capital Programs and Activities Budget for FY'03 From: Annette Lewis References: Acting Executive Director Enclosures: Resolutions RECOMMENDATION - It is respectfully recommended that the CRA Board of Directors approve the attached resolution adopting the Capital Programs and Activities Budget for Fiscal Year 2003. JUSTIFICATION Pursuant to F.S. 163, the governing municipalities and county body must approve the - CRA operating and capital programs and activities. This resolution recommends approval of the Fiscal Year 2003 budget. General Source: N/A Account Number: N/A 02- 14l CRA AGENDA September 12, 2002