HomeMy WebLinkAboutworksheetCITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO :
FROM :
The Honorabl ayor and
i \ Comm i sioners
iola
Manager
DATE:
SUBJECT:
REFERENCES:
ENCLOSURES:
November 22, 2004
FILE :
Edison Plaza Shopping Center
December 9, 2004 Meeting
Department Requesting Agenda Item: Community Development
1. Subject: Redevelopment of Edison Marketplace commonly known as Edison
Plaza Shopping Center located at 645 NW 62 Street Miami, FL 33150
2. Purpose of item: Transferring $3 million to Peninsula Edison Plaza, LLC for the
redevelopment of Edison Marketplace which will create job opportunities for
City residents
3. History of item: See attached
4. Does this item correlate with the CIP plan or Strategic Plan? If so, how? This item
is in compliance with the City's Consolidated Plan approved by HUD.
5. Does this item have any effect on residents within the City of Miami? If so, how?
Yes, the redevelopment of the center will create 98 jobs for City of Miami
residents and spur economic growth in the community.
6. Will this item impact any specific District? If so, which one? District 5
7. Does this item have any fiscal impact? (please provide dollar amount)
Agency/Activity
Transfer From:
Transfer
To:
Little Haiti Edison Federal Credit Union (IDIS# 972)
$7,320.47
Tacolcy Economic Development Corporation, Inc. (IDIS# 1040)
$6,517.73
Omega's Fashions, Inc. (IDIS#1084)
$4,216.39
Model City Homeownership Trust/ Lot Clearance (IDIS# 1120)
$560,203.53
Model City Homeownership Trust (IDIS#1123)
$368,126.92
District 5 -Little Haiti Job Creation Pilot Program (IDIS# 1220)
$466,732.00
Word of Life Community Development Corporation
(IDIS# 1390)
$15,000.00
Housing Project Reserve (IDIS#1447)
$54,427.00
Dr. Rafael Penalver Clinic, Inc. (IDIS# 1454)
$1,933.10
Fanm Ayisyen Nan Miyami Inc. (IDIS# 1455)
$64,284.38
Little Brothers- Friends of the Elderly, Inc. (IDIS# 1460)
$2,762.40
The Nonviolence Project USA, Inc. (IDIS# 1465)
$1,159.20
Economic Development Reserve- District 5 (IDIS# 1470)
$367,481.00
Rafael Hernandez Housing & Economic Development Corp. (IDIS#
1475)
$5,933.10
Liberty City Optimist Club of Florida, Inc. (IDIS#1504)
$26,153.10
The Young Men's Christian Association of Greater Miami- Coconut
Grove (IDIS#1507)
$374.32
The Young Men's Christian Association of Greater Miami - Carver
Branch (IDIS# 1508)
$228.00
Commercial Code Compliance (IDIS# 1511)
$22,828.00
Catholic Charities of the Archdioceses of Miami, Inc./ Pierre
Toussaint #2 (IDIS# 1533)
$32,835.46
Haitian American Foundation Inc. (IDIS# 1560)
$10,600.00
CODEC, Inc. - La Palma (IDIS# 1567)
$311,800.84
The Alternative Programs, Inc. (IDIS# 1623)
$457.44
BAME Development Corporation of South Florida, Inc. (IDIS#1624)
$2,179.80
The Embrace Foundation, Inc. (IDIS#1625)
$13,808.15
Little Haiti Edison Federal Credit Union (IDIS# 1670)
$250,000.00
Kiddie Kop Child Care, Inc. (IDIS# 1675)
$168,000.00
District 5 Reserve (IDIS# 1746)
$34,637.67
Talcolcy Economic Development Corporation, Inc.- Edison Tower
Project (IDIS# 1748)
$200,000.00
Peninsula Edison Plaza, LLC.
$3,000,000.00
Total
$3,000,000.00
$3,000,000.00
Approved by: Directo
I Chic / Manag-r