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HomeMy WebLinkAboutCRA-R-21-0043.; OMNI Community Redevelopment Agency Omni Legislation C R A OMNI CRA Resolution: CRA-R-21-0043 File Number: 10981 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com Final Action Date: 10/22/2021 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE ISSUANCE OF A PAYMENT IN AN AMOUNT NOT TO EXCEED TWO HUNDRED THOUSAND AND 00/100 DOLLARS ($200,000.00) TO THE CITY OF MIAMI ("CITY") FOR FUNDING COSTS AND EXPENSES ASSOCIATED WITH THE CITY'S PLANNING DEPARTMENT TO STUDY THE T6-24B ZONING DESIGNATION AND ITS IMPACT ON PROVIDING WORKFORCE UNITS WITHIN THE CRA'S REDEVELOPMENT AREA; ALLOCATING FUNDS FROM 2021-2022 OMNI TAX INCREMENT BUDGET LINE ITEM 31 IN AN AMOUNT NOT TO EXCEED TWO HUNDRED THOUSAND AND 00/100 DOLLARS ($200,000.00); AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY TO EFFECTUATE THE PROGRAM, ALL IN FORMS ACCEPTABLE TO THE GENERAL COUNSEL. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area ("Area") in accordance with the CRA's 2010 Redevelopment Plan; and WHEREAS, the City of Miami requested funding from the CRA for the purpose of studying the implementation and impact of the T6-24B zoning designation on development within the CRA's Area; and WHEREAS, the development of properties within the CRA's Area that are designated as T6-24B has an impact on the development of workforce housing units and contribute to the CRA's mission to eliminate slum and blighted conditions in the Area; and WHEREAS, in order to ensure the intent of the T6-24B zoning designation is being met through the provision of adequate workforce housing within the CRA's Area, the Board of Commissioners ("Board") desires to provide the City of Miami ("City") with funding in the amount of Two Hundred Thousand and 00/100 Dollars ($200,000.00) in funding for the City's Planning Department to study the T6-24B zoning district within the CRA's Area; and WHEREAS, funds are available from CRA 2021-2022 Tax Increment Fund Budget Line item 31; and WHEREAS, the Executive Director is requesting authority from the Board to negotiate and execute any and all documents necessary, all in forms acceptable to the General Counsel, for the purposes stated herein; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY: City of Miami Page 1 of 2 File ID: 10981 (Revision:) Printed On: 1213012021 File ID: 10981 Enactment Number: CRA-R-21-0043 Section 1. The recitals and findings contained in the Preamble of this Resolution are adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The Executive Director is authorized to release funds from Omni Tax Increment Fund 2021-2022 Budget Line Item 31 in an amount not to exceed Two Hundred Thousand and 00/100 Dollars ($200,000.00) to the City to fund the City's Planning Department to study the T6-24B zoning designation within the CRA's Area and its effects on workforce housing. Section 3. The Executive Director is authorized to negotiate and execute any and all documents necessary to effectuate this Resolution, all in forms acceptable to the General Counsel. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: Barnaby L. Min, Deputy City Attorney 10/27/2021 City of Miami Page 2 of 2 File ID: 10981 (Revision:) Printed on: 1213012021