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HomeMy WebLinkAboutR-83-0188RESOLUTION NO. IS3-1V6) A RESOLUTION AUTHORIZING THE CITY MANAGER TO ADVERTISE FOR, SELECT AND NEGOTIATE AN AGREEMENT WITH AN ECONOMIC CONSULTING FIRM FOR THE PREPARATION OF A DEVELOPMENT OPPOR- TUNITIES ANALYSIS FOR THE SOUTHEAST OVER- TOWN/PARK WEST REDEVELOPC'IENT DI STRICT NOT TO EXCEED $40, 000 ICJ COST. WHEREAS, by Resolution No. 82-755, the Southeast Overtown/ Park west Redevelopment Plan was approved in principal by the City Commission; and WHEREAS, by Resolution No. 1677-82 and Ordinance No. 82-115, the Dade County Board of Commissioners has approved a Plan and tax increment financing for the Southeast Overtown/Park West Community Redevelopment Aera, hereinafter refered to as the Project Area; and WHEREAS, the Overtown Transit Station portion of the Project Area has received a $6.8 million grant from the Urban 'bass Transit Administration; and WHEREAS, The apz:)roved Southeast Overtown/Park [Nest Plan contains a Development and Phasinq Program based upon two market studies prepared between 1978-1979 one addressing only the Park West Community and the other addressing only the Southeast Over - town area; and WHEREAS, since the preparation of said market analvses Southeast Overtown and Park West have been integrated into one project area, and the framework for development, particularly the Downtown connection, and demand conditions for residential and commercial uses have changed enough to warrent and updated and more detailed Development Opportunities Analysis; and WHEREAS, the final product of the Development Opportunities Analysis will make recommendations regarding the amount of different types of development the Project Area can incorporate, detailing where and when such development can occur and the extent to which subsidies are required to implement such fin JurTs- and CITY COMMISSION MEETING OF MAR IS 1983 TiON h1-53 11 R 6 WHEREAS, the approved Southeast Overtown/Park Nest Budget for FY 82-83 has set aside $40,000 to compensate the consultants for these services; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to advertise, select and neclotiate an agreement with a qualified economic consulting firm for the preparation of a Development Opportunities Analysis for the Southeast Overtown/Park West Project Area. PASSED AND ADOPTED this 18 day of MARCH , 1983. MAURICE A. FERRE MAURICE A. rERRE, Mavor ATTEST: RAL G. ONGIE itv Clerk ,If PREPA AND APPROVED BY: -I� LUCIA DOUGHERTY V Deputy City Attornev APPROVED AS TO FORM AND CORRECTNESS: i rlJ�` OSE R. GARCIA-PEDROSA ity Attorney -2- 83-1,98 6 a • CITY OF MIAMI. FLORIDA 31 INTER -OFFICE MEMORANDUM TO Howard V. Gary DATE- February 14, 1983 FILE. City Manager SUBJECT Authorization to select an economic consulting firm to prepare a Development FROM: Herb Bailey REFERENCEFROM: Analysis Assistant City Manag ENCLOSURES. It is' recommended that the City Commission authorize the City Manager to advertise, negotiate and select a qualified economic consulting firm to prepare a detailed Development Opportunities Analysis for the Southeast Overtown/Park West Redevelopment Area at a cost not to exceed $40,000. The Southeast Overtown/Park west Community Redevelopment Plan and tax increment financing were approved by the Miami City Commission (July 29, 1982), and by the Dade County Board of Commissioners (December 7, 1982). The County Commission has also approved an ordinance establishing a Redevelopment Trust Fund through which tax increment monies will be channeled for redevelopment activities in accordance with the plan. The proposed development and phasing plan for the Project Area is based in part upon two independent market studies prepared between 1978-1979, each analyzing separate action areas within the over- all Project Area. Since that time, the framework for development has changed substantially, enough to warrant an updated study that also addresses the integration of the Southeast Overtown and Park West communities. The final product of this Development Opportunities Analysis will be a recommendation as to the amount of different types of develop- ment the Project Area can incorporate, detailing where and when such development should occur and the extent to which subsidies are required to implement the study's findings. It is requested that this item be heard on the City Commission meeting of March 10, 1983. /ph 83-188