Loading...
HomeMy WebLinkAboutCRA-R-19-0044OMNI ��`a► Community Redevelopment Agency Omni Legislation C R A OMNI CRA Resolution: CRA-R-19-0044 File Number: 6716 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com Final Action Date: 10/30/2019 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE ISSUANCE OF A GRANT IN AN AMOUNT NOT TO EXCEED SIX HUNDRED NINETY THREE THOUSAND DOLLARS ($693,000.00) TO THE CITY OF MIAMI FOR COSTS ASSOCIATED WITH THE CAPITAL IMPROVEMENT OF NE 4TH AVE CRESCENT PARK ("PROJECT"), LOCATED WITHIN THE REDEVELOPMENT AREA, WITH ALL WORK TO BE PERFORMED THROUGH THE CITY OF MIAMI'S OFFICE OF CAPITAL IMPROVEMENTS; AUTHORIZING THE EXECUTIVE DIRECTOR TO APPOINT A REPRESENTATIVE FROM THE CRA TO BE ADVISED ON ALL PLANS AND PROPOSALS FOR THE PROJECT; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, SOLELY WITHIN THE EXECUTIVE DIRECTOR'S DISCRETION, UPON THE PRESENTATION OF SATISFACTORY INVOICES AND DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, ALL IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM 2019-2020 OMNI CRA BUDGET PAGE 5, LINE 31 ($25K), PAGE 5, LINE 27 ($356,937), AND THE REMAINDER FROM PAGE 4, LINE 13 ($311,063). WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, Section 4.4, D., at page 42 of the Plan lists the elimination of conditions which contribute to blight as a stated redevelopment objective; and WHEREAS, Section 4.4, A, on page 41 of the Plan also lists that the CRA should "Provide for greater connectivity by diminishing the impact of existing urban barriers to redevelopment and promoting regional transportation;" and WHEREAS, the CRA wishes to complete the Crescent Park Project ("Project") as a necessary redevelopment objective capital improvement project within the Redevelopment Area; and WHEREAS, the Executive Director recommends that the CRA contribute an amount not to exceed $693,000.00 to the City of Miami ("City") for the Project; and WHEREAS, the Board of Commissioners wishes to authorize funding for the Project; City of Miami Page 1 of 2 File ID: 6716 (Revision:) Printed On: 121912019 File ID: 6716 Enactment Number: CRA-R-19-0044 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 to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The issuance of a grant in an amount not to exceed Six Hundred Ninety Three Thousand Dollars ($693,000.00) to the City to underwrite costs associated with the Project is authorized. Section 3. The Executive Director is authorized to disburse funds to the City on a reimbursement basis or directly to vendors, solely within the Executive Director's discretion, upon presentation of invoices and satisfactory documentation. Section 4. The Executive Director is further authorized to negotiate and execute any and all documents necessary for said purpose, all in a form acceptable to General Counsel. Section 5. Funds are to be allocated from 2019-2020 Omni TIF Budget, Page 5, line 31 ($25k), Page 5, line 27 ($356,937), and the remainder from Page 4, line 13 ($311,063). Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: Barnaby L. Min, Deputy City Attorney 10/2412019 City of Miami Page 2 of 2 File ID: 6716 (Revision:) Printed on: 121912019