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