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HomeMy WebLinkAboutCRA-R-22-0044Southeast Overtown/Park West Community Redevelopment Agency 7 Legislation CRA Resolution: CRA-R-22-0044 File Number: 12824 Final Action Date:10/27/2022 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 $300,000.00, TO UNDERWRITE COSTS ASSOCIATED WITH 40-YEAR RECERTIFICATION AND LIMITED BUILD -OUT OF THE FORMER LAW OFFICE OF THE HONORABLE JUDGE LAWSON EDWARD THOMAS LOCATED AT 1021 N.W. 2ND AVENUE, MIAMI, FLORIDA ("PROPERTY"); AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION, AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE AND PROVIDING FOR THE INCORPORATION OF RECITALS AN EFFECTIVE DATE; ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND, ENTITLED "CONSTRUCTION IN PROGRESS," ACCOUNT CODE NO. 10050.920101.670000.0000.00000. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW 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 2018 updated Southeast Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, Section 2, Goal 1, of the Plan lists the "preserv[ation] of historic buildings and community heritage," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 8, of the Plan provides that "[o]lder buildings that embody the area's cultural past should be restored;" and WHEREAS, the Board of Commissioners, by resolution CRA-R-16-0048 authorized funds to perform emergency repairs and prevent collapse of the building by reconstructing the roof structure which had caved in; and WHEREAS, permits for work authorized by resolution CRA-R-16-0048 remain open until 40-year recertification improvements are made; and WHEREAS, the Board of Commissioners wishes to authorize the expenditure of funds, in an amount not to exceed $300,000.00, to underwrite costs associated with 40-year recertification and limited build -out of the Property; 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: 12824 (Revision:) Printed On: 111812022 File ID: 12824 Enactment Number: CRA-R-22-0044 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 $300,000.00, to underwrite costs associated with 40-year recertification and limited build -out of the Honorable Judge Lawson Edward Thomas located at 1021 N.W. 2nd Avenue, Miami, Florida. 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 are to be allocated from SEOPW Tax Increment Fund, entitled "Construction in Progress" Account No. 10050.920101.670000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ce r , Di&ff Counsel 10/2012022 City of Miami Page 2 of 2 File ID: 12824 (Revision:) Printed on: 111812022