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,��► Community Redevelopment Agency 1401 N. Miami Avenue
Miami, FL 33136
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C R A
OMNI CRA Resolution: CRA-R-19-0041
File Number: 6721 Final Action Date: 10/30/2019
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA") ALLOCATING $750,000.00 TO A BUSINESS GRANT PROGRAM FOR
THE PURPOSES OF BUSINESS DEVELOPMENT IN THE OMNI
REDEVELOPMENT AREA FROM ACCOUNT NO. 10040.920501.883000;
AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS SOLELY
IN HIS DISCRETION AS A GRANT, A LOAN TO BUSINESS ENTITIES, ON A
REIMBURSEMENT BASIS TO BUSINESS ENTITIES, OR DIRECTLY TO
VENDORS UPON PRESENTATION OF INVOICES AND/OR SATISFACTORY
DOCUMENTATION TO QUALIFYING BUSINESSES IN ORDER TO DISBURSE
FUNDS AS STATED HEREIN SUBJECT TO THE AVAILABILITY OF FUNDS;
FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE ANY
AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE
GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN.
WHEREAS, the Omni Redevelopment District Community Redevelopment
Agency ("CRA") is responsible for carrying out community redevelopment activities and
projects within the Omni Redevelopment Area ("Area") in accordance with the 2010
Omni CRA Redevelopment Plan ("Plan"); and
WHEREAS, Section 4.4, C., D-1, at page 41 of the Plan; Section 4.4, D., A02, at
page 42 of the Plan; and Section 4.4, E., D-7, at page 42 of the Plan all list maximizing
conditions for residents to live in the area, the elimination of conditions which contribute
to blight, and minimizing condemnation and relocation as stated redevelopment
objectives; and
WHEREAS, Section 5 of the Plan titled "Projects and Strategies" also authorizes
the CRA to further authorize "small business development through the creation of
financial resource pools"; and
WHEREAS, Page 97 of the Plan also authorizes the CRA to engage in the
"encouragement of small business opportunities in the redevelopment area"; and
WHEREAS, the Board of Commissioners of the CRA has previously allocated
funds to programs that rehabilitate facades, small business improvements, and
improvements to the quality of life within the Area; and
WHEREAS, these programs have all been successful and have accomplished
the goals and objectives of the Plan; and
City of Miami Page 1 of 2 File ID: 6721 (Revision:) Printed On: 121912019
File ID: 6721
Enactment Number: CRA-R-19-0041
WHEREAS, the Board of Commissioners wishes to allocate an additional
$750,000.00 to a Business Program ("Program") to continue with similar programs in
the Area; and
WHEREAS, funds are available from Account No. 10040.920501.883000 for the
Program, 2019-2020 Omni CRA budget line item 33 page 5; and
WHEREAS, the Executive Director is requesting authority to disburse funds from
the Program to eligible participants as a grant, as a loan, on a reimbursement basis, or
directly to vendors upon presentation of invoices and satisfactory documentation without
the need for further approval from the Board of Commissioners and within the Executive
Director's sole discretion;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble of this Resolution
are adopted by reference hereto and incorporated herein as if fully set forth in this
Section.
Section 2. The Program is hereby established with funds in the amount of
$750,000.00 allocated from Account No. 10040.920501.883000, 2019-2020 Omni CRA
budget line item 33 page 5.
Section 3. The Executive Director is authorized to disburse funds in his sole
discretion as either a grant, a loan, on a reimbursement basis, or directly to vendors
upon presentation of invoices and satisfactory documentation to qualifying businesses.
Section 4. The Executive Director is authorized to negotiate and execute any
and all documents necessary to effectuate the Program, all in a form acceptable to the
General Counsel.
Section 5. This Resolution shall become effective immediately upon adoptions.
APPROVED AS TO FORM AND CORRECTNESS:
Barnaby L. Min, Deputy City Attorney 10/2512019
City of Miami Page 2 of 2 File ID: 6721 (Revision:) Printed on: 121912019