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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 06o ~ (1))O. Date: 1/10/2006 Requesting Department: Public Facilities Commission Meeting Date: 2/10/2006 District Impacted: 2 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Agreement with Dade Heritage Trust, Inc. to restore/renovate Old Miami High School Purpose of Item: A Resolution authorizing the City Manager to execute an Agreement ("Agreement"), in substantially the attached form, with Dade Heritage Trust, Inc. (the "Trust") allowing the Trust to restore and renovate the Old Miami High School property (the "Building") located at approximately 140 -142 SW 11th Street, Miami, Florida; authorizing the City Manager to accept the Trust's use of grant and other funds totaling $700,000 from the State of Florida Department of State and the Miami -Dade County General Obligation Bond obtained by the Trust for the restoration/renovation of this Building; authorizing the City Manager to execute a ten (10) year restrictive covenant requiring the City's adherence to historic preservation regulations and standards with respect to renovation and modifications to this Building as a required condition precedent to acceptance and usage of the grant funds awarded by the State of Florida Department of State; and authorizing the City Manager to execute such Agreement and any amendments thereof, with terms and conditions to be set forth in the 1 Agreement. Background Information: See attached Budget Impact Analysis No Is this item related to revenue? No Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP Final Approvals (SIGN AND DATE) if using or receiving capital funds Grants Budget 0 Risk Management Purchasing Dept. Director Chief Manager /.z:GGti�/�/ � City { Pau 1 of 2 ti Subject: Agreement with Dade Heritage Trust, Inc. to restore/renovate Old Miami High School Background Information: The Trust obtained grant and other funds to relocate, restore and renovate the Old Miami High School (the "Building"), a historic property also known as First Miami High School, which was relocated to a certain portion of Southside Park located at approximately 140 --- 142 SW 11`h Street, Miami, Florida. The Trust obtained grant funds in the amount of $350,000 from the State of Florida Department of State and another $350,000 from the Miami -Dade County General Obligation Bond to undertake the restoration and renovation of the Building. The attached is an Agreement with Dade Heritage Trust, Inc, allowing said organization to undertake and oversee the complete restoration and renovation of the Old Miami High School (the "Building"). A condition of the State of Florida grant is a restrictive covenant requiring the City to adhere to historic preservation standards and regulations with respect to modifications or renovations to the Building. The Agreement provides for the City's acceptance of such grant and other funds for said public use, authorizes the City Manager to execute the Restrictive Covenant and execute the Agreement and any amendments thereto. Paae 2 of 2