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HomeMy WebLinkAboutCRA-R-17-0009Southeast Overtown/Park West Community Redevelopment Agency 7 Legislation CRA Resolution: CRA-R-17-0009 File Number: 1854 Final Action Date:2/27/2017 A RESOLUTION THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING AN EXPENDITURE OF ADDITIONAL FUNDS, IN AN AMOUNT NOT TO EXCEED $80,000 FOR THE 40-YEAR RECERTIFICATION AND REHABILITATION OF 920 NW 2ND AVENUE, MIAMI, FLORIDA; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FUNDS ALLOCATED FROM SEOPW, "CONSTRUCTION IN PROGRESS," ACCOUNT CODE NO. 10050.920101.670000.0000.00000. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, Goal 1, at page 11 of the Plan, provides for the "preserv[ation of historic buildings and community heritage"; and WHEREAS, Principle 9, at page 15 of the Plan, provides that "new and rehabilitated buildings must respond to our climate and reflect the community's cultural heritage"; and WHEREAS, Principles 10 and 11, at page of the Plan, also provide that "streets and buildings must be attractive, and "24-hour environments should be encouraged"; and WHEREAS, the CRA owns property at 920 NW 2nd Avenue, Miami, Florida ("Property"), which consists of a 2-story building built in 1954; and WHEREAS, the Property was in need of significant rehabilitation in order to obtain the requisite 40-year recertification; and WHEREAS, as such, on June 30, 2014, the Board of Commissioners, by Resolution No. CRA-R-14-0046, authorized an expenditure of funds, in an amount not to exceed $850,000 for the 40-year recertification and rehabilitation of the Property and with the intent to attract third - party commercial operators ("Project"); and WHEREAS, during the course of the rehabilitation, the CRA requested additional work to be done for security purposes and to help attract commercial operators, including the installation of a grease trap, installation of roof cages to enclose the air conditioning units, and replacing all of the windows at the Property. Also, the contractor for the Project encountered an unforeseen City of Miami Page 1 of 2 File ID: 1854 (Revision:) Printed On: 911212022 File ID: 1854 Enactment Number: CRA-R-17-0009 expense regarding the building wall structure and underground footings, theft, and vandalism during the course of the Project; and WHEREAS, the Board of Commissioners wish to authorize an expenditure of additional funds, in an amount not to exceed $80,000 for the Project; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS 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 adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The Board of Commissioners hereby authorizes an expenditure of additional funds, in an amount not to exceed $80,000 for the 40-year recertification and rehabilitation of 920 NW 2nd Avenue, Miami, Florida. Section 3. Funds allocated from SEOPW Tax increment Fund, "Construction in Progress," Account Code No. 10050.920101.670000.0000.00000. Section 4. The Executive Director is authorized to execute all documents necessary for the purposes set forth above. Section 5. The Executive Director is authorized to disburse funds, at his discretion, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Re iee ,-idusingh, Staff Cu6nse1 2,2212017 City of Miami Page 2 of 2 File ID: 1854 (Revision:) Printed on: 911212022