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HomeMy WebLinkAbout08-01003 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www miamigov.cam File Number: 08-01003 Final Action Date: A JOINT RESOLUTION OF THE BOARDS OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST AND OMNI REVEDELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $500,000, TO THE CITY OF MIAMI FOR A TRANSPORTATION PLANNING AND TRAFFIC ENGINEERING IMPACT STUDY; AUTHORIZING THE EXECUTIVE DIRECTOR, AT HIS DISCRETION, TO DISBURSE THE GRANT ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS AS FOLLOWS: $300,000 FROM SEOPW TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000, AND $200,000 FROM OMNI TAX INCREMENT FUND," OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10040.920101.883000.0000.00000. WHEREAS, the Southeast Overtown/Park West and Omni District Community Redevelopment Agencies ("CRAs") are responsible for carrying out community redevelopment activities and projects within their Redevelopment Areas in accordance with their respective Redevelopment Plans; and WHEREAS, Section III.B., at page 13, of the 1982 Southeast Overtown/Park West Community Redevelopment Plan, as amended, lists "[r]esolv[ing] existing and future transportation conflicts" as a stated redevelopment objective; and WHEREAS, Section III.E., at page 10, of the Omni Area Redevelopment Plan, as amended, lists "[r]esolv[ing] existing and future transportation conflicts" as a stated redevelopment objective; and WHEREAS, the City of Miami ("City") has requested funding to underwrite the cost of a Transportation Planning and Traffic Engineering Impact Study for the proposed Miami World Center project ("Study"); and WHEREAS, the Study will evaluate the traffic impacts resulting from future land use in the area, and propose improvements to mitigate such impacts; and WHEREAS, the Boards of Commissioners wish to authorize a grant, in an amount not to exceed $500,000, to the City for the Study; NOW, THEREFORE, BE IT RESOLVED BY THE BOARDS OF COMMISSIONERS OF SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES OF THE CITY OF MIAMI, FLORIDA. City of Miami Page 1 of 2 Printed On: 3/23/2009 File Number: 08-01003 • w 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. A grant, in an amount not to exceed $500,000, to the City of Miami for a Transportation Planning and Traffic Engineering impact Study, is authorized. Section 3. The Executive Director is authorized, at his discretion, to disburse the grant on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation. Section 4. The Executive Director is authorized to execute all documents necessary for said purpose, in a form acceptable to General Counsel. Section 5. Funds are to be allocated as follows: $300,000 from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000, and $200,000 from Omni Tax Increment Fund," Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU E� GENERAL COUNSEL City of Miami Page 2 42 Printed On: 3/23/2009