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Omni
C R A
OMNI
Community Redevelopment Agency
Legislation
OMNI CRA Resolution: CRA-R-23-0051
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.miamicra.com
File Number: 14859 Final Action Date:10/12/2023
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("OMNI CRA") AUTHORIZING THE ISSUANCE OF A GRANT IN AN AMOUNT
NOT TO EXCEED TWO MILLION ONE HUNDRED TWELVE THOUSAND
DOLLARS ($2,112,000.00) TO THE CITY OF MIAMI ("CITY") FOR COSTS
ASSOCIATED WITH THE CAPITAL IMPROVEMENT OF THE TRAFFIC CIRCLE
AT NORTH BAYSHORE DRIVE ("PROJECT") LOCATED WITHIN THE
BOUNDARIES OF THE OMNI REDEVELOPMENT AREA WITH ALL WORK TO
BE PERFORMED THROUGH THE CITY'S OFFICE OF CAPITAL
IMPROVEMENTS; AUTHORIZING THE INTERIM EXECUTIVE DIRECTOR TO
APPOINT A REPRESENTATIVE FROM THE OMNI CRA TO BE ADVISED ON
ALL PLANS AND PROPOSALS FOR THE PROJECT; AUTHORIZING THE
INTERIM EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A
REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, AT THE INTERIM
EXECUTIVE DIRECTOR'S SOLE DISCRETION, UPON THE PRESENTATION
OF SATISFACTORY INVOICES AND DOCUMENTATION; AUTHORIZING THE
INTERIM EXECUTIVE DIRECTOR TO EXECUTE ANY AND ALL DOCUMENTS
NECESSARY FOR SAID PURPOSE, ALL IN A FORM ACCEPTABLE TO
GENERAL COUNSEL; ALLOCATING FUNDS FROM OMNI ACCOUNT CODE
10040.920501.883000.0000.00000.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency
("CRA") is responsible for carrying out community redevelopment activities and projects within its
Redevelopment Area in accordance with its approved Redevelopment Plan ("Plan"); and
WHEREAS, Section 4.4.D. at page 42 of the Plan lists the elimination of conditions which
contribute to blight as a stated redevelopment objective; and
WHEREAS, Section 4.4.A on page 41 of the Plan also lists that the CRA should "Provide
for greater connectivity by diminishing the impact of existing urban barriers to redevelopment and
promoting regional transportation"; and
WHEREAS, the CRA wishes to complete the North Bayshore Drive Traffic Circle Project
as a necessary redevelopment objective capital improvement project within the Redevelopment
Area ("Project"); and
WHEREAS, the Interim Executive Director recommends that the CRA contribute
$2,112,000.00 towards the City of Miami's ("City") budget for the Project; and
WHEREAS, the Board of Commissioners wishes to authorize funding for the Project;
City of Miami Page 1 of 2 File ID: 14859 (Revision:) Printed On: 10/23/2023
File ID: 14859 Enactment Number: CRA-R-23-0051
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution
are adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. The issuance of a grant in an amount not to exceed $2,112,000.00 to the City
to underwrite costs associated with the Project is approved.
Section 3. The Interim Executive Director is authorized to disburse funds on a
reimbursement basis or directly to vendors, solely in the Interim Executive Director's discretion,
upon presentation of invoices and satisfactory documentation.
Section 4. The Interim Executive Director is authorized to negotiate and execute any
and all documents necessary for said purpose, all in a form acceptable to General Counsel.
Section 5. Funds are to be allocated from Omni account code
10040.920501.883000.0000.00000.
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
ndez, ity Attor
City of Miami Page 2 of 2 File ID: 14859 (Revision:) Printed on: 10/23/2023