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HomeMy WebLinkAboutCRA-R-17-0026 CRA-R-12-0010City of Miami � ix�axr ^fixnu � 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