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Home My WebLink AboutR-95-0268J-95-342 4/5/95 RESOLUTION NO, 95- 268 A RESOLUTION, WITH ATTACHMENTS, DIRECTING THE CITY MANAGER AND CITY ATTORNEY TO TAKE WHATEVER STEPS ARE NECESSARY TO EFFECTUATE THE TRANSFER OF ALL ASSETS OF THE CITY OF MIAMI, FLORIDA (AS IDENTIFIED ON ATTACHMENT A) LOCATED IN THE SOUTHEAST OVERTOWN/PARKWEST COMMUNITY REDEVELOPMENT DISTRICT TO THE SOUTHEAST OVERTOWN/PARKWEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"); FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH THE CRA, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, PROVIDING STAFF AND FINANCIAL SUPPORT FOR THE CRA, SUBJECT TO CERTAIN TERMS AND CONDITIONS, WHEREAS, the City of Miami by Resolution No. 82-755 approved the Southeast Overtown/Parkwest Community Redevelopment Plan (herein referred to as the "Plan"); and WHEREAS, .in accordance with the provisions of Chapter 163, Florida Statutes, Metropolitan Dade County ("County"), by Resolution No. 1677-82 established the Southeast Overtown/Parkwest Redevelopment District (herein referred to as the "District") as a�ate—� community redevelopment district for tax increment financing purposes, and approved by the Plan; and WHEREAS, the County by Ordinance No. 82-115 established and created in accordance with the provisions of Section 163.387, a Redevelopment Trust Fund (hereinafter referred to as the "Fund") and has authorized allocation of monies from such fund; and TTACHMERAT (S) CONTMED CITY COMMSSION MEETING OF Resolution No. 95-- 268 BIND, WHEREAS, the City and the County entered into an Interlocal Cooperation Agreement, dated as of March 31, 1983, as amended (hereinafter referred to as the "Agreement") which provided for the exercise of redevelopment powers by the City for the District, the implementation of the Plan, the delegation by the County to the City Commission to act as the community redevelopment agency (hereinafter the "CRA") for the District, and the use of tax increment financing to pay the costs of the implementation of the Plan; and WHEREAS, pursuant to and in accordance with the Agreement and the delegation of powers therein, the City proceeded to exercise such redevelopment powers by acquiring property for redevelopment purposes and causing the development of certain multi -family residential facilities, commercial developments, public improvements and various other improvements in the District in furtherance of the Plan; and WHEREAS, it is the intent of the City Commission to make the most efficient use of its powers, resources, authority and capabilities as the CRA by amending the Code of the City of Miami, as amended, as hereinafter set forth; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Manager and the City Attorney are hereby directed to take whatever steps are necessary to effectuate the transfer of all assets of the City of Miami, Florida (as identified on Attachment A) in the Southeast Overtown/Parkwest Community Redevelopment District to the Southeast Overtown/Parkwest Community Redevelopment Agency ("CRA") within days of the effective date of this Resolution. 2 95-- 268 4�� Section 3. The City Manager is hereby authorized to enter into an agreement with the CRA, in a form acceptable to the City Attorney,' providing staff and financial support for the CRA, subject to the following terms and conditions: A. The staff listed on Attachment B shall continue to accrue and receive benefits as city employees, however they shall be under the supervisory control of the CRA, notwithstanding the City Manager's authority, pursuant to the City Charter, to remove said staff in both the classified and unclassified service. B. financial support to the CRA shall be in accordance with the budget attached hereto as Attachment C and shall be provided to the CRA for a period not to exceed three (3) years from the effective date of the agreement, or at a time the CRA can become self-sufficient, whichever first occurs. C. All assets transferred to the CRA shall revert back to the City upon the dissolution of the CRA. Section 4. This Resolution shall become effective immediately upon adoption. PASSED AND ADOPTED this 27th day of April , 1995. STEPHEN P. CLARk, MAYOR CITYCLERK 1 The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. 3 95- 268 4., PREPARED AND APPROVED BY: LfiRrA K. KEARSON ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: 4 95- 268 ATTACHMENT A Bonds General Obligation Housing Bond Fund- Issued: $25 million - Used in the district: $13.1 million Highway General Obligation Bond Fund: $2.1 million Highway Bond Fund: $0.5 million Community Redevelopment Revenue Bonds, Series 1990: $11.5 million Loans Florida East Coast Railway Loan: $1.7 million HUD Section 108 Loans: $7.3 million Leases Miami Sports and Exhibition Authority and Decoma Miami Associates, Inc. Bayview Apartments Poinciana Village Arena Towers Off -Street Parking Properties Please refer to attachment 0 io" ATTACHMENT A SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT DISTRICT CITY -OWNED PROPERTIES FOLIO ADDRESS TOTAL VALUE E 0101-040-1140 351 NW 10 ST $54 2 0101-040-1150 349 NW 10 ST $867 3 0101-040-1160 345 NW 10 ST $4,660 4 0101-040-1170 335 NW 10 ST $5,814 5 0101-040-1180 329 NW 10 ST $2,907 6 0101-040-1190 325 NW 10 ST $8,720 7 0101-040-1200 311 NW 10 ST $6,000 8 0101-040A 230 1000 NW 3 AV $14, 250 9 0101-050-1060 240 NW 11 ST $74,060 10 0101-060-1100 1025 NW 2 AV $3,605 11 0102-050-1060 919 NW 2 AV $915,151 12 0102-060A030 250 NW 10 ST $5,524 13 0102-060-1040 262 NW 10 ST $5,275 14 0102-060-1050 276 NW 10 ST $2,783 15 0102-060-1170 921 NW 2 CT $2,511 16 0102-060-1180 916 NW 2 CT $5,022 17 0102-060-1190 915 NW 3 AV $84,148 18 0102-060-1270 901 NW 3 AV $5,524 19 0103-050-1060 240 NW 9 ST $127,500 20 0103-050-1120 269 NW 8 ST $111,082 21 0103-050-1160 217 NW 8 ST $139,797 22 0103-060-1160 820 NW 1 AV $53,794 23 0103-060-1210 815 NW 2 AV $46,350 24 0104-050-1010 152 NW 8 ST $1,890,485 25 0104-060-1010 218 NW 8 ST $996,435 26 0105-050-1120 249 NW 6 ST $3,051,728 27 0105-060-1010 160 NW 7 ST $2,340,485 28 3136-036-0070 1311 NW 2 CT $43,794 29 3136-037-0020 1360 NW 3 AV $65,541 30 3136-037-0030 1338 NW 3 AV $91,387 31 3136-037-0040 308 NW 14 ST $7,380 32 3136-037-0060 350 NW 14 ST $16,915 33 3136-037-0070 380 NW 14 ST $82,830 34 3136-037-0150 404 NW 14 ST $16,917 35 3136-037-0540 1141 NW 3 AV $11,268 36 3136-044-0010 1200 NW 3 AV $5,742 37 3136-044-0020 1208 NW 3 AV $20,880 38 3136-044-0040 1240 NW 3 AV $9,933 39 3137-031-0090 119 NW 11 ST $6,364 40 0101-070-1011 1042 N MIAMI AV $422,750 41 0101-080-1011 70 NE 11 ST $190,900 42 0101-090-1030 1034 NE 2 AV $297,050 43 0102-000-1030 1037 NW 2 AV $136,625 95- 266 its, FOLIO ADDRESS TOTAL VALUE 44 0102-040-1010 912 N MIAMI AV $3,605,900 45 0103-070-1010 75 NW 8 ST $3,376,280 46 0106-040-1080 50 NW 6 ST $312,792 47 0107-070-1030 28 NW 5 ST $214,970 48 0107-070-1040 40 NW 5 ST $210,000 _ 49 0107-070-1050 46 NW 5 ST $214,900 50 0107-070-1060 52 NW 5 ST $433,440 51 0107-070-1070 429 NW 1 AV $172,500 52 0107-070-1080 425 NW 1 AV $38,080 53 0107-070-1110 400 NW 1 AV $308,900 54 0107-070-1120 69 NW 4 ST $150,000 55 0107-070-1130 65 NW 4 ST $231,675 56 0107-070-1140 35 NW 4 ST $450,000 57 0107-090-1050 144 NE 5 ST $2,456,218 58 0109-070-1020 20 NW 3 ST $425,000 59 0109-070-1030 30 NW 3 ST $376,000 60 0109-070-1031 40 NW 3 ST $4,281,900 61 0110-060-1080 104 NW 1 AV $1,071,000 62 3137-025-0010 50 NW 8 ST $3,258,280 63 3137-025-0020 20 NW 7 ST $737,900 64 3137-025-0030 90 NW 8 ST $278,780 $33,935,322 95- 268 ATTACHMENT B CITY OF MIAMI SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT AGENCY ORGANIZATIONAL TABLE POS. OCC. POSITION NAME NO. CODE TITLE Salaries Unclassified/010: 3173 8064 Asst City Mgr Bailey, H. 3539 8764 Fin Dev Coord Joice, S. 3187 8082 Adm Asst I Allen, C. 4373 8007 Exec Secretary Perez, E 95-- 268 ATTACHMENT C CITY OF MIAMI SOUTHEAST OVERTOWN/PARK WEST SEOPW REDEVELOPMENT TRUST FUND Annual Operating Budget Fiscal Year 1994-95 REVENUES City of Miami Contributions: Tax Increment Funds Guaranteed Entitlement Funds Dade County Contributions: Tax increment Funds Section 108 Program Income Total Annual Revenue EXPENSES Annual Debt Service Administrative Expenses Excess over Revenues $189,394 $300,000 $143,099 $51,752 $684, 245 $1, 002, 741 $45, 547 $364,043 FY 1993-94 Fund Balance* $1,718,391 YEAR END BALANCE * Unaudited; includes reduction in Cash with Fiscal Agents. ** Includes interim interest expenses for July and August 94 in the amount of $41,781.64. 95- 268 ,g:: SEOPW CITY OF MIAMI SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT AGENCY FISCAL YEAR 1994-1995 OBJ DESCRIPTION FY '95 SEOPW C.D.B.G. HUD PROJECTED TRUST 452017 BUDGET FUND 799610 EDIM 08 Salaries & Wages: 010 Salaries/Unclass 174,179 - 174,179 - 001 Salaries/Class - - - - 012 Salaries /Part Time - - - Sub -Total 174,179 - 174,179 - Fringe Benefits: 100 Fica Taxes 13,325 - 13,325 - 110 Ret Cont 31,352 31,352 - 130 Group Ins 12,400 12,400 - 150 Worker's Comp 5,225 - 5,225 - Sub -Total 62,302 - 62,302 - TOTAL PERSONNEL 236,481 - 236,481 - Fixed Operating Expenses: 280 Professional Sery Accounting 15,000 15,000 - - 287 Advertising 7,000 6,000 1,000 - 310 Court Cost & Fees 500 250 250 - 420 Travel & Per Diem 5,000 5,000 - - 533 Postage 1,500 440 1,060 - 610 Rent Equipment 6,286 1,077 5,209 - 95-- 268 Page 1 SEOPW OBJ DESCRIPTION FY '95 SEOPW C.D.B.G. HUD PROJECTED TRUST 452017 BUDGET FUND 799610 EDI/108 ---- ---- --------------- --------------- ------------- ------------- ----- ----- ----- ----- 620 Rent Building - - - - 640 Insurance Expense - - - - 772 Property Maintenance - - - - 773 Print Shop - - - - 774 Comm Maintenance - - - - 778 Motor Pool - - - - Sub -Total 35,286 27,767 7,519 - Variable Operating Expenses: 220 Professional Sery Appraisal 10,000 - - 10,000 230 Prof Sery Arch - - - - 250 Prof Sery Legal 26,000 - - 25,000 270 Prof Sery Other 100,000 - - 100,000 340 Contractual Services 4,000 4,000 - - 475 Entertainment - - 510 Telephone 5,000 5,000 - - 670 Repair & Maintenance 62,000 2,000 - 60,000 690 Promotional Activities - - - - 700 Office Supplies 3,000 - 3,000 - 722 Miscellaneous Supplies 3,000 - 3,000 - 760 Books, Pub & Memb 2,680 2,680 - - 793 Ozalid Billings - _ 795 Police Id Sub -Total 214,680 13,680 6,000 195,000 Paget 95- 268 W, SEOPW OBJ DESCRIPTION FY '95 SEOPW C.D.B.G. HUD PROJECTED TRUST 452017 BUDGET FUND 799610 EDI1108 Programmatic Expenses Land Acquisition 250,000 250,000 Sub -Total 250,000 - - 250,000 TOTAL OPERATING 499,966 41,447 13,519 445,000 Capital Outlay: 840 Equipment New 2,500 2,500 - - 841 Office Furniture 500 500 - - 880 Capital Leases 1,100 1,100 - TOTAL CAPITAL OUTLAY 4,100 4,100 - - TOTAL ADMINISTRATIVE BUDGET 740,547 45,547 250,000 445,000 95- 268 Page 3 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO : Honorable Mayor and Members DATE : April 14, 1995 FILE of the City Commission SUBJECT : Resolution authorizing the City Manager and City Attorney to effectuate transfer of assets of the City of Miami within SEOPW Redevelopment FROM : Cesa REFERENCES :District to the "CRA", and to provide staff and City r support for the "CRA" k IENCLOSURES :] RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached Resolution, authorizing the City Manager and the City Attorney to take the necessary steps to effectuate the transfer of all assets of the City of Miami, Florida located within the Southeast Overtown/Park West Redevelopment District to the Southeast Overtown/Park West Community Redevelopment Agency ("CRA"), further authorizing the City Manager to execute an agreement with the CRA, in a form acceptable to the City Attorney, providing staff and financial support for the CRA, subject to certain terms and conditions, as outlined in enclosed document. BACKGROUND: As a result of renewed interest in the redevelopment of the Overtown community, and pursuant to the desires of the City Commission, as expressed during the City Commission Meeting of March 9, 1995 to move forward with the implementation of a Southeast Overtown/Park West Redevelopment "Authority", enclosed herein is a Resolution that authorizes the transfer of assets of the City of Miami within the Southeast Overtown/Park West Redevelopment District to the Southeast Overtown/Park West Community Redevelopment Agency, as recently established. The Agency, which was created in order to administer redevelopment efforts in the Southeast Overtown/Park West Redevelopment District, and in order to encourage new investment, job opportunities, business opportunities and improved living conditions in the Southeast Overtown/Park West District and vicinity, requires that the steps described therein be taken in an expeditious manner for the CRA to intensify its pursuit of goals detailed herein. Therefore, it is hereby recommended that the City Commission adopt the attached Resolution in order to further development efforts within the Southeast Overtown Park West Redevelopment District and vicinity. Attachments: Proposed Resolution 95- 268 e:,— 19 — / pg.,