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HomeMy WebLinkAboutMemoSEOPW & Omni Boards of Commissioners Meeting February 23, 2009 Item # 3 AND INTER -OFFICE 10EMORANDUNI -e: Board Chair Michelle Spence -Jones ,te February 13 2009 08-01328 and Members of the CRA Board Suh a Resolution Authorizing a Grant to the City of Miami for Renovation of Gibson Park. James H. VillacortaV,, Executive Director ^'�!osures Supporting Documentation; Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast/Overtown Park West Community Redevelopment Agency approve and adopt the attached Resolution authorizing a grant, in an amount not to exceed $1,000,000, to the City of Miami for renovation of Gibson Park, at 401 N.W. 121" Street, Miami, Florida ("Gibson Park"). The City of Miami's Department of Capital Improvements Program ("CiP") has requested assistance in funding the renovation of Gibson Park. The renovation includes: (1) a community center and an aquatics center,- (2) sports field improvements: (3) landscape improvements; and (4) park amenities, including a children's play area, a perimeter walking trail and parking. CIP has agreed to manage the design and construction of the park_ JUSTIFICATION: Section IV.D, at page 31 of the Plan provides that "[t]he provision of adequate community facilities and sen�;ces is essential in order to complement redevelopment activities proposed for Overtown ... " FUNDING: $1,000,000 from SEOPW Tax Increment Fund, "Construction in Progress," Account Code No, 10050.920101.670000.0000,0000& u