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HomeMy WebLinkAboutCRA-R-17-0054File Number: 3130 Southeast Overtown/Park West Community Redevelopment Agency Legislation CRA Resolution: CRA-R-17-0054 Final Action Date:10/30/2017 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE EXPENDITURE OF FUNDS, IN AN AMOUNT NOT TO EXCEED $120,000, TO UNDERWRITE COSTS ASSOCIATED WITH THE DEVELOPMENT AND MAINTENANCE OF TWO (2) MONUMENT SIGNS IN OVERTOWN; AUTHORIZING THE CRA TO ENTER INTO AGREEMENTS WITH THE CITY OF MIAMI'S OFFICE OF CAPITAL IMPROVEMENTS AND PUBLIC WORKS DEPARTMENT TO DEVELOP AND MAINTAIN THE SIGN THAT WILL BE LOCATED AT NW 3RD AVENUE BETWEEN NW 8TH STREET AND NW 9TH STREET; 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; ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND, ENTITLED "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. 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, Section 2, Goal 6, at page 11, of the Plan lists and "improving quality of life for residents" as a stated redevelopment goal; and WHEREAS, Section 2, Principle 10 at page 16 provides that "[I]ooks are important to current residents who will feel community pride when receiving pleasant comments about where they live [and I]ooks are important to attracting investors to make other improvements to the neighborhood;" and WHEREAS, an Overtown sign located at NW 3rd Avenue between NW 81" Street and NW 91n Street and it is in poor condition and needs to be replaced; and WHEREAS, as part of the second amendment to the St. John Plaza Apartments development agreement', the developer agreed to pay $100,000 to the CRA to be utilized by the CRA "to design and construct entrance sign(s) advertising the "Overtown Community;" and WHEREAS, the CRA intends to replace the existing sign located at NW 3rd Avenue between NW 8t" Street and NW 91" Street with a larger monument sign ("Sign A") and install a second sign at another entrance to the Overtown community at a location to be determined in the future; and 1 CRA Resolution No. CRA-R-15-0053 City of Miami Page 1 of 2 File ID: 3130 (Revision: 8) Printed On: 911412022 File ID: 3130 Enactment Number: CRA-R-17-0054 WHEREAS, Sign A is located on property that is owned by the Florida Department of Transportation ("FDOT"). In order for FDOT to approve replacing the sign, they require agreements with a municipality to develop and maintain the same. Thus, the CRA has been in discussions with the City of Miami's Office of Capital Improvements and Public Works Department to comply with FDOT's requirements; and WHEREAS, the Board of Commissioners wish to authorize the expenditure of funds in an amount not to exceed $120,000 to underwrite costs associated with the development and maintenance of two (2) monument signs in Overtown; and WHEREAS, the Board of Commissioners wish to authorizes the CRA to enter into agreements with Office of Capital Improvements to develop Sign A and Public Works Department to maintain Sign A; 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 the expenditure of funds in an amount not to exceed $120,000 to underwrite costs associated with the development and maintenance of two (2) monument signs in Overtown. One sign will be located at NW 3rd Avenue between NW 8t" Street and NW 9t" Street ("Sign A") and a second sign will be located at another entrance to the Overtown community. Section 3. The Board of Commissioners hereby authorizes the CRA to enter into agreements with Office of Capital Improvements to develop Sign A and Public Works Department to maintain Sign A. Section 4. The Executive Director is authorized to execute all documents necessary for said purpose. 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. Funds are to be allocated from SEOPW Tax Increment Fund, entitled "Other Grants and Aids," Account Code No. 10050.920101.833000.0000.00000. Section 7. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: RE,iee Jadus—in gh,fStaff Cut,nsel 1L 23f2017 City of Miami Page 2 of 2 File ID: 3130 (Revision: 8) Printed on: 911412022