HomeMy WebLinkAboutCRA-R-17-0026 CRA-R-12-0010City of Miami
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Legislation
CRA Resolution: CRA-R-12-0010
File Number: 12-00164
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 2/27/2012
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING THE ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED
$325,000, TO THE DOWNTOWN MIAMI PARTNERSHIP FOR ITS "WRAP -AROUND
BUILDING REHAB PROGRAM," TO ASSIST WITH IMPROVEMENTS TO
RESIDENTIAL AND COMMERCIAL PROPERTIES WITHIN THE REDEVELOPMENT
AREA; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL
DOCUMENTS NECESSARY FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO
GENERAL COUNSEL; FUNDS TO BE ALLOCATED FROM THE SEOPW TAX
INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO.
10050.920101.883000.0000.00000.
WHEREAS, the Southeast Overtown/Park West 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, a stated redevelopment principle of the 2009 Southeast Overtown/Park West
Community Redevelopment Plan is "...the support and enhancement of existing businesses and local
entrepreneurs and the attraction of new businesses that provide needed services and economic
opportunities," Principle 6, at page 15; and
WHEREAS, another redevelopment principle of the 2009 Southeast Overtown/Park West
Community Redevelopment Plan is "streets and buildings must be attractive," Principle 10, at page
16; and
WHEREAS, these various improvements remain with the property and are directly related to
the opening of a new business, improving an existing business, remedying code violations, providing
ADA access, and eliminating blighted neighborhood conditions in the Redevelopment Area; and
WHEREAS, the CRA has identified various residential and commercial properties within the
Redevelopment Area that are eligible to participate in Downtown Miami Partnership's ("DMP")
"Wrap -Around Rehab Program;" and
WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to
exceed $325,000, to the Downtown Miami Partnership for its "Wrap -Around Building Rehab
Program," to assist with improvements to residential and commercial properties within the
Redevelopment Area;
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:
City of Miami Page 1 of 2 File Id. 12-00164 (Version: 1) Printed On: 81812013
File Number: 12-00164
Enactment Nnniber: CRA-R-12-0010
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 $325,000, to the Downtown
Miami Partnership for its "Wrap -Around Building Rehab Program," to assist with improvements to
residential and commercial properties within the Redevelopment Area, is authorized.
Section 3. The Executive Director is authorized to execute all documents necessary for said
purpose, in a form acceptable to General Counsel.
Section 4. Funds to be allocated from SEOPW Tax Increment Fund, "Other Grants and Aids,"
Account No. 10050.920101.883000.0000.00000.
Section 5. This resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id. 12-00164 (Version: 1) Printed On: 81812013