HomeMy WebLinkAboutM-94-0778SEP-28--94 WED 9 :00
P . 02
i CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
Ya : Honorable Mayor and Members of DATE : SEP 1 1 1994 FILE
the City Commission
FROM :
City
SMECT : DISCUSSION ITEM Rg:
SOUTHEAST OVERTOWN/
PARK WEST RIrDEVELOP-
REFERENCES : MENT AUTIIORITY
ENCLOSURES:
Oct. 27th Commission Mtg,
Please be advised that there will be a discussion itein regarding the Southeast
Overtown/Park West Redevelopment Authority scheduled for the October 27, 1994 City
Commission meeting,
1 have attached a letter dated July 26, 1994 from Chairman Arthur Teele with the
County's resolution regarding this issue and Vice Mayor Miller Dawkins' response
(dated September 19, 1994) to Chairman Teele's letter for your review prior to the
meeting.
Attachment%
9 4 - 778
DISTRICT 3
METROPOLITAN DA,DE COUNTY-FLORIDA
•i' METRO-DADE CENTER
itl N. W. FIRST STREET, SUITE 220
ARTHUR E. TEELE, JR. MIAMI, FLORIDA 33128.1963
(305)37S•5318
FAX (305) 375-5569
July 26, 1994
The Honorable Miller J. Dawkins
Vice Mayor
City of Miami
3500 Pan American Drive
Miami, FL 33133
Dear Commissio awkins:
Thank you for your continued support of a reconstituted Overtown redevelopment authority.
As per your letter of May 31, 1994, Resolution Number 1125-94 was moved before and
subsequently adopted by the Board of County Commissioners on July 12, 1994, for the creation
of such an entity.
Enclosed please find for your review the aforementioned resolution. It outlines many of the
concerns expressed in our prior correspondence, including funding for the Authority. Despite
being adopted 13-0 by the County Commission, the implementation of this resolution is
contingent upon cooperation from the City of Miami. While the City of Miami has 180 days
to adopt a cooperative "resolution of intent," we hope that negotiations begin immediately and
we continue to move forward on this matter.
Once again, thank you for your support. The Board of County Commissioners' unanimous
decision was prompted in part by the favorable testimony from Overtown residents and public
officials and signifies an unprecedented effort towards the revitalization and redevelopment of
Overtown. We look forward to working with you in bringing this very important initiative to
fruition.
Warmest personal regard
Fai fly,
Arthur . Teele, Jr.
Commissioner - District 3
AET/lj/ks
cc: Honorable Members, City of Miami Commission
RESOLUTION NO.
RESOLUTION REAFFIRMING, FINDING AND DECLARING
CERTAIN GEOGRAPHIC AREAS IN CITY OF MIAMI
GENERALLY KNOWN AS OVERTOWN AND SOUTHEAST
OVERTOWN/PARK WEST TO BE SLUM OR BLIGHTED AS
DEFINED IN SECTION 163.340, F.S. AS AMENDED;
FINDING AND DECLARING REBUILDING,
REHABILITATION, CONSERVATION AND
REDEVELOPMENT OF SUCH AREAS NECESSARY IN
INTEREST OF PUBLIC HEALTH, SAFETY, MORALS AND
WELFARE OF RESIDENTS OF DADE COUNTY; FINDING
NEED FOR AND CREATING COMMUNITY REDEVELOPMENT
AGENCY PURSUANT TO SECTION 163.356, F.S., AS
AMENDED; REPEALING AND RESCINDING RESOLUTION
NO. R-467-83 WHICH DELEGATED REDEVELOPMENT
POWERS TO CITY OF MIAMI; DIRECTING COUNTY
MANAGER TO PREPARE OR CAUSE TO BE PREPARED
AMENDMENTS TO REDEVELOPMENT PLAN; PROVIDING
AN EFFECTIVE DATE
WHEREAS, pursuant to Resolution No. R-39-81, this Board
declared a certain downtown area of the City of Miami (the
"City") including that portion which later became known as
Southeast-Overtown/Park West to be an area of slum and blight
within the meaning of Chapter 163, Part III, the Community
Redevelopment Act of 1969, as amended; and
WHEREAS, by Resolutions No. 1677-82 and No. 96-85, the
County approved two redevelopment plans, (together, the "Plan")
and by Ordinance No. 82-115 established a tax increment trust
fund (the "Tax Increment Trust Fund") for the Southeast
Overtown/Park West Community Redevelopment Area; and^
WHEREAS, by resolution No. R-467-83, this Board approved an
Interlocal Cooperation Agreement with the City of Miami for the
Southeast Overtown/Park West Community Redevelopment Project (the
94- 778 S
Agenda Item _.o.
Page No. 2
"Project") and delegated to the City certain redevelopment powers
including the authority to be the redevelopment agency; and
WHEREAS, this Board hereby determines that the Overtown and
Southeast Overtown/Park West Community Redevelopment Area
described in Exhibit I attached hereto and incorporated herein
shall be the "Area"; and '
WHEREAS, this Board desires to enhance the programs and
opportunities for redevelopment in the Area and to strengthen and
broaden the economic base of the Area; and
WHEREAS, this Board finds that in order to carry out the
community redevelopment purposes of the Community Redevelopment
Act of 1969 (the "Act") there is a need for a community
redevelopment agency in the Area with all the powers authorized
by law.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF DADE COUNTY, FLORIDA, that:
Section 1. This Board finds and determines that
sufficient slum and blight continues to exist in the Area as
previously found in Resolutions No. R-1179-69 and No. R-39-81 to
meet the requirements of State Law and therefore affirms and
reaffirms the need for a community redevelopment plan as may be
amended from time to time designed to vigorously attack and cure
the serious physical, social and economic problems which
contribute to the slum and blighted conditions of the Area.
Section 2. This Board finds and determines that the
rehabilitation, conservation and redevelopment of the Area is
necessary in the interest of the public health, safety, morals
gi_ s 78
Agenda Ite,. Ao .
Page No. 3
r '
and welfare of the residents of Dade County and the City and
urges the City to cooperate with the County and take all actions
necessary to alleviate the conditions of slum and blight in the
Area as described herein and accomplish the goals and purposes
set forth in the Plan.
Section 3. This Board finds that in order to accomplish
the goals of the Plan and carry out the community redevelopment
purposes of the Community Redevelopment Act of 1969 (the "Act")
there is a need for a community redevelopment agency in the Area;
Section 4. This Board hereby authorizes and creates a
public body corporate and politic to be known as the Overtown
Revitalization and Redevelopment Authority (the "Authority") r
which Authority is hereby constituted as a public instrumentality
whose exercise of the powers conferred by the Act are deemed and
held to be the performance of an essential public function.
Section 5. The Authority shall consist of seven members:
three to be appointed by the City; three to be appointed by the
County and one to be appointed by the Governor.
The terms of office of the members shall be for 4 years
except that three of the members first appointed shall be
designated to serve terms of 1, 2, and 3 years respectively, from
the date of their appointments, and all other members shall be
designated to serve for terms of 4 years from the date of their
appointments. A vacancy occurring during a term shall be filled
by this Board for the unexpired term. The members of the
Authority shall take office initially on January 11 1995.
94- 778
Agenda IteL.. No.
Page No. 4
Section 6. A member shall receive no compensation for
his/her services, but is entitled to the necessary expenses,
including travel expenses, incurred in the discharge of his/her
duties. Each member shall hold office until his/her successor
has been appointed and has qualified. A certificate of the
appointment or reappointment of any member shall be filed with
1
the Clerk of the Board, and such certificate is conclusive
evidence of the due and proper appointment of such member.
Section 7. The powers of the Authority shall be
exercised by its members. A majority of the members constitutes
a quorum for the purpose of conducting business and exercising
the powers of the Authority and for all other purposes. Action
may be taken by the Authority upon a vote of a majority of the
members present, unless in any case the bylaws require a larger
number. Any person may be appointed a member if he/she resides
in or is engaged in business, which means owning a business,
practicing a profession, or performing a service for
compensation, or serving as an officer or director of a
corporation,.or other business entity so engaged, within the area
of operation of the Authority, which shall be coterminous with
the area of operation of the County, and is otherwise eligible
for such appointment under this part.
Section S. This Board shall designate a chairperson and
vice -chairperson from among the members. The Authority may
employ an executive director, technical experts, and such other
agents and employees, permanent and temporary, as it requires,
and determine their qualifications, duties, and compensation.
0 94- 778
t P'"11)
Agenda Ite,. So.
Page No. 5
The Authority shall use the services of the County Attorney's
Office for such legal service as it requires. The Authority
shall file with this Board and with the Auditor General, on or
before March 31 of each year, a report of its activities for the
preceding fiscal year, which report shall include a complete
financial statement setting forth its assets, liabilities,
income, and operating expenses as of the end of such fiscal year.
At the time of filing the report, the Authority shall publish in
a newspaper of general circulation in the community a notice to
the effect that such report has been filed with the County and
that the report is available for inspection during business hours
in the office of the Clerk of the Board and in the office of the
Authority.
Section 9. This Board may appropriate through the
regular budgetary process to the Authority such amounts as it
deems necessary for the administrative and overhead expenses of
the Authority from various legally available sources. Any
requests for such funds by the Authority shall be submitted for
budgetary review in the same manner as departmental budgetary
submissions and reviewed by the County Manager.
Section 10. This Board shall remove a member for
inefficiency, neglect of duty, or misconduct in office..only after
a hearing and only if he/she has been given a copy of the charges
at least 10 days prior to such hearing and has had an opportunity
to be heard in person or by counsel.
r
Agenda Iten, o .
Page No. 6
Section 11. The officers, members, and employees of the
Authority shall be subject to the provisions and requirements of
part III of Chapter 112, Florida Statutes.
If any such official, member, or employee presently owns or
controls, or owned or controlled within the preceding two (2)
years, any interest, direct or indirect, in any property which
he/she knows is included or planned to be included in the Area,
he/she shall immediately disclose this fact in the manner
provided in part III of Chapter 112, the Code of Ethics of Public
Officers and Employees. Any disclosure required to be made by
this section shall be made prior to taking any official action
pursuant to this section.
i
No member or other officer of the Authority shall hold any
other public office under the County or the City of Miami other
than his membership or office with respect to the Authority
except that there may be 2 ex-officio, non -voting members who may
be elected officials of the City or of the County, to be
appointed, one each by the City and the County.
Section..12. The Authority shall have all the community
redevelopment powers necessary or convenient to carry out and
effectuate the purposes and provisions of the Act, except the
following, which continue to vest in this Board:
(a) The power to determine an area to be a slum or
blighted area, or the combination of each; to designate such area
as appropriate for community redevelopment; and to hold any
public hearings required with respect to such area.
Agenda Iten, _Yo .
Page No. 7
(b) The power to grant final approval to community
redevelopment plans and their modifications.
(c) The power to authorize the issuance of revenue
bonds as set forth in s.163.385, F.S.
(d) The power to approve the acquisition, demolition,
removal, or disposal of property as provided in s.163.37013),
F.S. and the power to assume the responsibility to bear loss as
provided in s.163.370(3) (F.S.).
Section 13. The Authority shall assume the responsibility
and obligations of the Tax Increment Trust Fund established by
this Board pursuant to Ordinance No. 82-115, as amended,
including all assets, as well as the debts and financial
obligations outstanding which are secured by the Tax Increment
Trust Fund monies. By interlocal Agreement, the City, the
Authority and the County shall agree to renegotiate the debt
structure of all outstanding obligations of the Southeast
Overtown/Park West Community Redevelopment Area for the purpose
of reducing debt service requirements..
Section-14. The City of Miami is hereby requested to
rescind and repeal its ordinances and resolutions relating to the
Tax Increment Trust Fund and its powers as the Redevelopment
Agency and to take all actions necessary to transfer its
redevelopment activities in the Area to the Authority.
Section 15. An interlocal agreement shall be entered into
by the County, the City and the Authority specifying the areas of
responsibility of each entity. By ordinance, such interlocal
agreement shall be approved by this Board and each party to the
Agenda Ite. No.
Page No. 8
agreement. The Interlocal Agreement shall require that 30% of
any payments made by the Seaport to the City for use of the
Florida East Coast (FEC) property or Bicentennial Park for port
expansion shall be paid by the City to the Authority. The
Interlocal Agreement shall also require that the City and the
County shall each agree to pay to the Authority a sum not less /
than $12.5 million dollars over a 10 year period which sum may
include the value of in -kind services by the City and the County.
Section 16. Pursuant to the interlocal agreement, the
City shall convey to the Authority all property available and
deemed appropriate for redevelopment purposes. Such property, if
any, which remains in the ownership of the Authority at the
conclusion of the Community Redevelopment shall revert to the
City. The Authority shall have powers of eminent domain and
zoning to the fullest extent allowed by law. All real, personal
or intangible property and all cash investments or the equivalent
currently held by the City or any agency in trust for or for the
benefit of the Southeast Overtown/Park West Community
Redevelopment Area shall be transferred to the Authority.
Section 17. Each supporting and service -providing County
agency such as the Housing Finance Authority, the Industrial
4 Development Authority and the County's Department of Housing and
Urban Development shall cooperate to the fullest extent possible
with the Authority to accomplish the goals and objectives of the
Authority and the Plan. Priority shall be given by all City and
County departments and agencies to the requests and needs of the
Agenda Itet, .o .
Page No. 9
Authority to enable it to meet its objectives of remedying slum
and blight and preventing the causes of each within the Area.
Section 18. Resolution No. R-467-83 adopted by this Board
on April 19, 1983 which delegated certain redevelopment powers to
the City of Miami and approved the Interlocal Cooperation
Agreement with the City of Miami for the Southeast Overtown/Park
West Redevelopment Project is hereby rescinded and repealed in
its entirety.
Section 19. The County Manager is directed to take all
actions necessary to prepare or cause to be prepared amendments
to the Plan as deemed necessary.
Section 20. This Resolution is contingent upon and shall
not take effect until after the City has adopted a resolution of
intent to cooperate with the County in every way necessary to
accomplish the goals set forth in this resolution, has met the
requirements of Section 14 and has cancelled the Interlocal
Agreement between the City and the County within not more than
180 days of the date on which this resolution was approved.
The foregoing resolution was offered by Commissioner
who moved its adoption. The motion was
seconded by Commissioner , and upon
being put to a vote, the vote was as follows:
James Burke Miguel Diaz de la Portilla
Betty T. Ferguson Maurice A. Ferre
Larry Hawkins Bruce Kaplan
Natacha S. Millan Dennis C. Moss
Alexander Penelas Pedro Reboredo
Javier D. Souto Sherman S. Winn
Arthur E. Teele, Jr.
94- 778
Agenda Item �.o .
Page No. 10
The Chairperson thereupon declared the resolution duly
passed and adopted this
Approved by County Attorney as
to form and legal sufficiency.
r-
DADE COUNTY, FLORIDA
BY ITS BOARD OF COUNTY
COMMISSIONERS
HARVEY RUVIN, CLERK
BY:
Deputy Clerk
94-- 778
0
I:OP•111ISIOINER DAtO, INS. TEL:305-250-5386 Sep 3''I4 10.50 P10.001 P.02
virtu of Aialni, � i r
MILLER J. DAWKINS
VICE -MAYOR
September 19, 1994
P.O. Box 300700
MIAMI. FLORIDA 33233.0708
(305)250.5360
FAX (305) 260.6366
Honorable Arthur E. Teele, Jr.
Chairman, Metropolitan Dade County
Board of Commissioners
ill N.W. 1st Street Suite- 230
Miami, Florida 33128
Dear Chairman Teeles
I have received and reviewed your letter of July 26, 1994 which
transmitted to me a copy of County Resolution No. 1125-94
regarding setting up a Redevelopment Authority for the Southeast
Overtown/park went Redevelopment area.
While I do not disagree to the concept of an independent
authority to implement the Southeast Overtown/Park West
Redevelopment Authority, and inasmuch as this is not a now
concept to the City (previously recommended by our own staff
several times), I find the County Resolution falls short in the
support that is needed for the following reasons:
1) it does not match the City'ss efforts to date,
economically or politically; thereby creating a
tremendous inequity in the proposal;
2) makes recommendation that impinges upon our sovereignty
and decision -making process; and
3) does not make up for the deficiencies caused by the
County through its transactions with the Courthouse
Center property.
Therefore, I find the Resolution to be lacking sufficiency and
sincerity.
In regards to reason #1 above, the City has through its efforts
spent in excess $42 million which has generated an additional $58
million in private investment. Your generous offer of a $12.5
million contribution over a ten-year period which may be the sum
of in -kind services by the City and County, is at best ingenious.
The inequity contained in your resolution is unacceptable
I
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i!11f'1Ic IU11Ek DHWK'IN TEL'4��J_ �cl_i-5-*", -
,-ep _ i J 11r `C.i Plr� . C�ii 1 F . �:�:
In reference to reason #21 1 find it inappropriate for the County
Commission to pass legislation that would require the City to
distribute revenue (i.e. Port Expansion Project) which is at the
sole discretion of the Miami City Commission without first
consulting the City of Miami Commission (e.g. putting the mart
before the horse).
And, reason #3, the City of Miami this year had to borrow $4.8
million in support of a Tax Increment Bond Tender offer for the
Southeast overtown/Park West Redevelopment District to make up
for the deficit caused by the County's action when they removed
the Courthouse Center from the district's tax rolls. in spite of
all the City's efforts to convince the County that this would be
detrimental to the Tax Increment District, the County Commission
proceeded to complete the action without an adequate response for
the City of Miami with the exception of a $2 million payoff which
was totally inadequate to support the indebtedness already
incurred. This entire action had a severe impact on our
credibility with the rating agencies as it applies to the City of
Miami's credit rating which in effect jeopardizes the City's
ability to borrow money in the future at favorable rates.
In my opinion, an authority should be totally independent in
regards to its staff, as well as its board, and should not be
relying upon City or County staff for its administrative support.
It is the opinion of this Commissioner, considering the
investment in the Southeast overtown/Park West Redevelopment area
that has been made by the City of Miami notwithstanding any
contribution and structured by the City of Miami's Commission
which is currently the CRA and in a fashion we deem appropriate
for City of Miami's socio-economic and political obligations to,
overtown.
There are many items that are too detailed to put into a letter
regarding the City of Miami's position on the County's
resolution, however, I have attempted to put our major concerns
in this letter to give you some indication regarding your current
efforts to implement the Southeast Overtown/Park West
Redevelopment Authority.
Sincerely,
AI
Commissio er Miileer Dawkins
cc: Mayor Stephen Clark
Cores issicner, Victor De Yurre
Commissioner, Wifredo Gort
Commissioner, J. L. Plummer
City Manager, Cesar H. ddio
Father Richard M. Barry
/G 94- 778
ARTHUR E. TEELE, JR.
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DISTRICT 3
METROPOLITAN DADE COUNTY OrF66,kd i t) 0,9 pUblic
METRO-DADE CENTER 111 N. W. FIRST STREET, SUITE 220record in G`••�°•)•I•='.:(,",c.-,n with
MIAMI, FLORIDA 33128.1963
(305) 375-5318 item��:,1�
FAX (305) 375-5569
Hirai
C i :7 Clerk
TALKING POINTS FOR CITY OF MIAMI COMMISSION PUBLIC HEARING
SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT AUTHORITY
OBJECTIVE OF PUBLIC HEARING
The primary objective of the October 27 public meeting is to have the City of Miami Commission adopt
a resolution rescinding and repealing any ordinances relating to the City's powers over the Tax
Increment Trust Fund and as the redevelopment agency for Southeast Overtown/Park West (SEOPW).
In addition, the resoultion shall require the City and the County to establish an interlocal agreement
relating to the funding of the authority and other such matters. All of the aforementioned shall be
resolved no later than 30 days after the City resolution is adopted. The County is also proposing that
the redevelopment authority Board of Directors be sworn in by February 1, 1995, Black History Month.
CONCERNS REGARDING THE FUNDING OF THE AUTHORITY
* The City does not believe that the County's proposal for a $12.5 million match of City funds and in -
kind services is sufficient because the City has made a sizeable investment in SEOPW and, by removing
the Courthouse Center, the County contributed to the deficit of the tax increment trust fund.
In regards to the County and City funding of the authority, the County proposes the following:
The County will pay $5 million in cash to the Authority within the first 365 days of its existence, and
a total of $5 million in cash and $2.5 million in services over the subsequent 24-month. period. The City
shall matchthis total of $12.5 million over a. ten year period, of which $2.5 million shall he paid
through in -kind services.
Once the term of the Authority expires, the City is�the Beneficiary of all assets (unless otherwise
indicated) and all investments made in the redevelopment authority and SEOPW. The County is not
attempting to match the City s previous investments, only provide the financial support needed to create
the redevelopment authority and assist in expediting redevelopment gfforts in SEOPW. The concerns
regarding the Courthouse Center are not relevant to the creation of the Authority.
* The City is concerned about monies from the port expansion being paid to the redevelopment
authority.
This matter is not addressed in the City resolution. The County s current position on this issue
is that the port is not linked to the redevelopment authority.
page 2 of 2
CONCERNS REGARDING THE GOALS AND OBJECTIVES OF THE AUTHORITY
* The City and County agree there is a need for an independent authority in SEOPW; however, the
function and objectives of the Authority have been at issue. The County has proposed that tine Authority
concentrate on redevelopment and address other concerns which affect the quality of life in Overtown.
The City believes the Authority should focus on physical redevelopment and capital improvements only.
The discussion should focus on the need for redevelopment in SEOPW and the best way of
meeting those needs through a redevelopment agency. Those discussions pertaining the quality of life
,should be further discussed once the Authority has been established.
CONCERNS REGARDING THE AUTONOMY OF THE AUTHORITY
* The City and the County agree the Authority should function independently of both municipalities.
However, the City has expressed concern about the County providing administrative support to the
Authority, particularly through the Office of the County Attorney.
The County has proposed that both the City and the County allocate $2.5 million in -kind services
to the redevelopment Authority, including but not limited to motorpool, legal, bond counsel,
architectural, engineering, planning, and other such related governmental services. These services may
be ,sought as deemed necessary by the Authority, and have been offered to assist the expedition of
redevelopment efforts in SEOPW.
Subriailzed into f-he p:IiI)li.c
it@211 .on- on �c . n7
HL
page 2 of 2 9 Q_ 778
Subrail _ )d into the public
record in c0l".1zection with
SOU�HEAST O'�ERTOW 'AR-- _EST
C..'j I3iI@xkrai
• le �.� 1. it
Establishment of Redevelopment Area Ratlona
• The Southeast Overtown Park West Redevelopment Area was
created (with subsequent amendments) in 1982.
A once vibrant and thriving community until the 60s, it had become
a community in economic, social and physical decay.
• Although massive private and public investments were occurring in
the central core of Miami, the area was not benefiting from the
spin-off effects. Instead there was a continuous pattern of
disinvestment and abandonment.
e In spite of the underpinnings for economic and social growth - the
emergence of Downtown Miami as an international commercial
center, the construction of the Metrorail System, easy access to I-95
and I-395, and close proximity to Downtown Miami, - the private
sector was still reluctant to invest in the area.
It was, therefore, the consensus of city and county officials and
residents that if redevelopment is to occur in this area, the city and
county governments had to take the initiative.
• The Florida. Statutes provided the mechanism for the revitalization
of areas such as Overtown/Park West through the Community
Redevelopment Act of 1969 which provides for the use of tax
increment financing as a method to stimulate development and
reverse property decay in depressed areas. Essentially, this process
requires that a redevelopment area be established, a community
redevelopment agency be created, a plan be developed and adopted,
and a redevelopment trust fund be created. Incremental funds
generated from ad valorem property taxes through increased
1 94' 778
assessments as a result of any redevelopment in the area are put into
a trust fund. All these processes were put in place in 1982.
The Community Redevelopment Agency generally issues revenue
bonds pledging these funds (increment revenues) to finance
redevelopment activities, such as infrastructure improvements, land
acquisition and assembly etc., in accordance with the plan.
Promises
The City of Miami Southeast Overtown/Park West Redevelopment Plan
developed in 1982, envisioned:
• the construction of approximately 4,000 new residential units.
• 600,000 sq.ft. of new office space
• 500,000 sq.ft. of retail space _
• 400-500 hotel rooms Submitted into the :public
• the rehabilitation of 90 - units of housing
infrastructure improvements record � ccn�zection with
Accomplishments
item __S on /c 2
TIntty irai
City Clerk
• Acquisition of 29 acres of land
• Poinciana Village Condominiums ($9.8 million) (115 units) - 40 units
completed.
• Arena Towers Apts. (356 units) - $18.6 million
• Biscayne View Apartments (465 units) - $32.0 million
• St. John CDC Townhouse Complex (35 units) - $3.0 million
• Scattered Site Housing Rehabilitation. - $2.0 million
• N.W. 7 and 9 Street Malls - $2.0 million
• Miami Arena - $57 million
2 94' 778
Funding Commitments
Since 1982 the City of Miami has contributed $3,819,956 in tax
increment revenues, while the county has contributed $2,905,457
representing 57% and 43% respectively of total increments generated in
the district (Refer to Attachments # 1 and 2). In addition to these
revenues, $47.1 million and $149.2 million in non tax - increment
public investments were made by the City of Miami and Dade County
respectively. (Refer to Attachments # 3, 4 and S�bmit ,d into the Public
record in ec z,� �with
item_ on
Community Development Block Grant (CDBG) Policy: 1'''c.1tY Hirai
Since 1982 the county has allocated approximately $30 niilh000&
CDBG funds for redevelopment activities in the City of Miami.
However, a proposed Federal Rule of the US. Department of Housing &
Urban Development, may prevent entitlement jurisdictions from
funding activities in other entitlement jurisdictions (24 CFR Part 91, et
al). If this proposed rule becomes the final rule, Dade County will be
prevented from providing CDBG funds for redevelopment activities in
Overtown. Although it may be a policy of Dade County Office of
Community Development (OCD) to fund only those CDBG-eligible
activities within unincorporated Dade County, it is the objective of the
County government to support all redevelopment activities. This is
evident in the County's support of the empowerment zone application
(includes Overtown) which if approved, will provide about $200
million.
Potential Sources:
In addition to the recommended matching of $12.5 million from both
the City and County, other potential sources of revenue for the
Authority will include program -income generated from federally -funded
projects, and the Tax Increment Financing District.
94- 778
3
The Prolo ed Redevel® ment Plan:
The area planned for in the initial Southeast Overtown Park West
Redevelopment Plan consists of 200 acres generally located east of
I-95 and south of I-395, with Biscayne Boulevard and N.W. 5 Street
as the eastern and southern boundaries.
• The initial plan excluded about two thirds of Overtown.
• The proposed (new plan) includes the area of Overtown that was
excluded from the initial plan. The expanded area represents one
general redevelopment area of 896 acres. The expanded area is
juxtaposed between the Wynwood Special Assessment District on the
north, the Downtown Central Business District (CBD)/Government
Center on the south, the Civic Center/Jackson Memorial Medical
Center on the west and Omni Midtown on the east.
The major elements in the proposed plan cover the following major
subjects and issues: land use planning and zoning district
amendments with redevelopment plan controls; transportation and
circulation improvements; public facilities conservation and
improvements; property acquisition, disposition and re -use plans and
procedures; residential and business relocation assistance; community
design plans; an affordable housing plan and program; and an
economic development plan and program.
Submitted into the Public
record in cor...nOcti on with
item ----C_ Oil I C 2
9
Miatty Hirai
City Clerk
94— '778
4
S.E. Overtown/Park West Redevelopment District
`fax Increment Contributions
(from Inception of District)
City of Miami
57%
0
Q
$3, 819, 956 c\ t' CD
r�
Q rl-
�l V
$2,905,457 "4 �= `
w � A
FG%a
Dade County
43%
N
ATTAL....iENT 2
S.E. Overtown/Park West Redevelopment District
Tax Increment Contributions
(Since Inception of District)
Year
City of Miami
Dade County
1982-83
$0
$0
1983-84
0
0
1984-85
0
0
1985-86
79,190
60,045
1986-87
269,930
200,116
1987-88
267,125
202,998
1988-89
268,694
204,021
1989-90
386,543
289,750
1990-91
648,061
497,376
1991-92
758,712
582,341
1992-93
609,254
463,629
1993-94
343,053
261,056
1994-95 Bud
189,394
144,125
Total
$3,819,956
$2,905,457
Submitted into the public
record in tn with
item S� '
can 10 27 q
Malty Hir( ,
City Clerk
94-. 778
$2"
$15(
$100
$50
'E
S.E. OVERTOWN 1 PARK WEST REDEVE
LOPMENT DISTRICT
Non -Tex increment Piihi.e.
-11- yr ,vilcif i ll Dade County
,,mount*
S 13.1
S 2.1
Southeast Overtownik..,k West Community Redevelopment F. ,Oct ATTACHMENT 4
CITY OF MIAMI CONTRIBUTIONS
Financial Summary
*(in millions) Submitted into the public
Public Investment
record in connection with
item S.- 0 11 f I �
Matty Hirai
City %J Miami Housing Bond FA. un
GitX C:lerl
Funds provided by 1975 Affordable Housing Bond Issue in
the amount of $25 million
City of Miami Highway General Obligation Bond Fund
Development of the malls on 9th St and Park West
S 6.0 Housing 8t Urban Development Section 109 Wo
Borrowed by City of Miami for the purpose of site acqui-
sition, demolition, relocation for the project
S 5.2 City of Miami Community Development Funds
CDBG funds allocated to project for matching funds,
infrastructure, etc.
$ 3.5 City of Miami General Funds
General Administration costs for 12 years paid for by the
City of Miami
$ 1.7 Florida East Coast Railway Loan
For realignment of NW Ist Avenue
S 1.7 Florida East Coast Railway Grant
For realignment of NW IstAvenue
S 3.0 Miami Sports & Exhibition Authority
Money used for land acquisition
S .5 City of Miami Highway Bond Fund
For S.E. Overtown/Park West Redevelopment Project
Tax Increment District expansion area south of North
5th Street
S 5.5 Community Redvelopment Bonds
Tax Increment Bond Proceeds
S 4.8 108 Loan secured by City to reninance the Bond Indebt-
edness for the SEOTPW area 9 4_ 778
S 47.1 Total
Amount
$ 8.2
47.3
ATTACHMENT 5
S.E.
Overto n/Park West ent ftitted into
the
Dade County nedevelopvestments
Public
(In Millions)
record in co.x-.jj0c4,ion with
item on
Source
Purpose
Vc.?ty Hirai
$ 7.9
Federal Transit Grants
Land Acquisition for S.E.
C ' ; y clerk
0.3
General Obligation Bonds
Overtown/Park West Redevelopment
District
31.8
Federal Transit Grants
Portion of Metrorail
4.9
State Transit Grants
within district including
10.6
General Obligation Bonds
Overtown/Arena Station
48.6 26.7
6.5
4.9
10.5
Federal Transit Grants
Special Tax District
State Transit Grants
General Obligation Bonds
39.1 30.2 Federal Transit Grants
3.9 Special Tax District
5.0 State Transit Grants
2.2
0.7
1.0
0.4
0.3
4
0.3
1.1
$149.2
Federal Transit Grant
° Portion of Metromover
within district including
Arena/State Plaza and College
North Stations
Portion of Omni Metromover
Extension with district including
Freedom Tower, Park West and
I Ith Street Stations
° Ninth Street Pedestrian Mall
Water and Sewer Revenues ° Water and Sewer Main Extensions
Federal Highway Funds ° Port Boulevard Improvements
Biscayne Boulevard from 5th Street
to 7th Street
Gas Tax Funds ° Signalization Improvements
Gas Tax/State Transportation Biscayne Boulevard Improvements
Funds
Community Development ° Housing Improvements (including land
Block Grant (CDBG) acquisition and cleaning, rehabilitation,
and construction)
CDBG Historic Preservation (including Lyric
Theater and X-Ray Clinic)
94- 778
Subrni�..1piggeN thb
record i .Public
n connection
item 5� � rith
�---------- . on o
AfraxRy Hirai
THE CITY OF NIIANII IS HEREBY REQUESTED TO City Cleric
(In accordance with County Resolution 1125-94)
Section 14.
1) RESCIND AND REPEAL ITS ORDINANCES AND
RESOLUTIONS RELATING TO THE TAX INCREMENT TRUST FUND
AND ITS POWERS AS THE REDEVELOPMENT AGENCY AND
2) TO TAKE ALL ACTIONS NECESSARY TO TRANSFER ITS
REDEVELOPMENT ACTIVITIES IN THE AREA TO THE AUTHORITY.
TARGET DATE: NOVEMBER 23, 1994
Section 15.
1) ENTER AN INTERLOCAL AGREEMENT WITH THE COUNTY
TO SPECIFY THE AREAS OF RESPONSIBILITY FOR EACH
ENTITY.
TARGET DATE: NOVENIBER 23, 1994
Section 20.
1) CANCEL THE INTERLOCAL AGREEMENT BETWEEN THE CITY AND THE
COUNTY (April, 1983) WHICH DELEGATED CERTAIN REDEVELOPMENT
POWERS TO THE CITY OF NIIANII FOR THE SOUTHEAST
OVERTOWN/PARK WEST REDEVELOPMENT PROJECT.
TARGET DATE:. JANUARY 12, 1995
94- 778
APPOINTMENT OF THE BOARD OF DIRECTORS
(In accordance with County Resolution 1125-94)
Section 5. THE AUTHORITY SHALL CONSIST OF SEVEN MEMBERS:
THREE TO BE APPOINTED BY THE CITY•
°
THREE TO BE APPOINTED BY THE COUNTY; AND
o
ONE TO BE APPOINTED BY THE GOVERNOR.
o
�
p
Note: The County will concede one of its appointments to the Dade County School Boarg-
JT/1 A.21.94
?Submitted into the public
record in cc.r,ne,on with
item
MattY Hirai
Q tY Clerk
RESOLUTION NO. /94
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE DOWNTOWN
DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA,
SUPPORTING THE CONCEPT OF AN INDEPENDENT OVERTOWN
REDEVELOPMENT AUTHORITY.
WHEREAS, the Board of Directors of the Downtown Development Authority
(DDA) supports the economic development of Downtown Miami and its adjacent
neighborhoods; and
WHEREAS, the development and redevelopment of the Southeast
Overtown/Park West Area has been a DDA priority project from Its Inception; and
WHEREAS, a separate independent authority to promote, market and
expedite redevelopment of the area would be beneficial to the area itself and the
overall economic development of the Downtown Area.
NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA:
Section 1: The Board of Directors of the Downtown Development Authority
supports, In concept the creation of an Independent redevelopment authority for
the Overtown Area, Including Park West, of the City V� 7il�i-�TM,Rrfjad
record i
_ 1 itern6
Z
9 4- 778 j f' -. f i �•ai
C 141- r clexly
0
/S�
PASSED AND ADOPTED this day of
Co� m stoner Wif er d Gort
Chairman
Attest:
Joseph . Tyborows i
Acting Executive DI
r r
Alexandra M n Kaptaine
Executive i ecretary
rs102194.1
,1994.
Sub.-mitte into t7 c- publiq
i :JCl�:. �[S Z� ►
-2-
94- 778
SPEAKERS FOR CITY OF MIAMI COMMISSION PUBLIC HEARING
SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT
AUTHORITY
OCTOBER 27, 1994
As of 10125194
COMMUNITY RESIDENTS/LEADERS
1. Athlie Range
2. Donald Benjamin
3. Irby McKnight
4. Rennee Rolle Dawson
OVERTOWN MINISTERS
5. Rev. John White
6. Rev. Ralph Ross
Submitted .into the public
xecord inr..c :c:t3Qn with
itexn
Hirai
BUSINESS & PROFESSIONAL COMMUNITY
7. Ron Fields
8. Jeffrey Bercow
9. Lestor Simon
10. Linda Brown, Ph.D.
11. Robert Franklin
12. Dwayne Wynn
13. Vernon Fletcher
14. Anthony Brunson
15. Elaine Black
PUBLIC OFFICIALS
16. Harold Long
17. Senator Daryl Jones
18. Chairman Arthur E. Teele, Jr.
94` 778