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HomeMy WebLinkAboutCRA-R-17-0031File Number: 2356 Southeast Overtown/Park West Community Redevelopment Agency Legislation CRA Resolution: CRA-R-17-0031 Final Action Date:5/22/2017 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $570,000, TO TOWN PARK VILLAGE NO. 1, TO UNDERWRITE COSTS ASSOCIATED WITH PRE -CONSTRUCTION SERVICES FOR THE REHABILITATION OF TPV, LOCATED AT 1680 NW 4TH AVENUE, MIAMI, FLORIDA (FOLIO #: 01-3136-067- 0001); 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; ALLOCATING FUNDS FROM TAX REVENUE BOND ISSUANCE PROVIDED FOR BY RESOLUTION NO. CRA-R-12-0061. 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, Section 2, Goal 3, at page 11, of the Plan lists the "creati[on of] infill housing, diversity in housing types, and retaining affordable housing," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 2, at page 14, of the Plan provides that "[t]he neighborhood ... retain access to affordable housing ... ;" and WHEREAS, on June 9, 2016, the CRA issued Request for Qualifications ("RFQ") No. 16-05 for Design -Build and Relocation Services for TPV ("Project") and ranked the proposal received from Cazo Construction, Corp. ("Cazo") as the highest ranked proposer; and WHEREAS, on October 31, 2016, the Board of Commissioners, by Resolution No. CRA- R-16-0051 authorized the CRA to negotiate with the top ranked firm to perform the Project, which included an assessment of the condition of TPV in order to ascertain the approximate total cost of the Project; and WHEREAS, in order for TPV to proceed with the Project, a two-step process for the design build services is necessary. Step one, involves the execution of an agreement to undertake of pre -construction services for the Project. This step allows the development of construction plans in order to ascertain the final construction costs; and WHEREAS, step two involves the execution of a construction services agreement for the rehabilitation of TPV; and City of Miami Page 1 of 2 File ID: 2356 (Revision:) Printed On: 911412022 File ID: 2356 Enactment Number: CRA-R-17-0031 WHEREAS, the Board of Commissioners wish to authorize a grant, in an amount not to exceed $570,000 to underwrite costs associated with pre -construction services for the rehabilitation of TPV; and WHEREAS, the Board of Commissioners finds that such a grant to TPV would further the above mentioned redevelopment principles; 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 a grant in an amount not to exceed $570,000, to Town Park Village No. 1 ("TPV"), to underwrite costs associated with pre -construction services for the rehabilitation of TPV located at 1680 NW 4th Ave, Miami, Florida (Reference Folio #: 01-3136-067-0001). Section 3. The Executive Director is authorized to execute all documents necessary for said purpose. Section 4. 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 5. Funds to be allocated from tax revenue bond issuance provided for by CRA-R-12-0061. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ff iee iadus-in gh, Staff (,uL nsel b, i6/2017 City of Miami Page 2 of 2 File ID: 2356 (Revision:) Printed on: 911412022