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HomeMy WebLinkAboutCRA-R-04-0002 Cover Memo- PAC Parking StudyCRA Board of Directors Meeting July 26, 2004 RE.5 File No. 04-00827 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To. Chairman Arthur E. Teele And Members of the CRA Board Date: JUL 3 6 2004 File: Subject: Recommendation for Omni CRA Co -Sponsorship for Performing Art Center (PAC) Parking Study From: Frank K. Rollason References: Executive Director Enclosures: Resolution RECOMMENDATION: It is requested that the Board of Directors for the Omni Community Redevelopment Agency approve the attached Resolution ratifying the emergency action taken by the Executive Director to enter into a co-sponsorship project with the Downtown Development Authority acting as the lead agency to enter into an agreement with a consultant yet to be determined for the purpose of conducting a comprehensive parking study in the Omni CRA specifically related to the new Performing Arts Center at a one time cost not to exceed $15,000 as an equal share of that of other contributing agencies. JUSTIFICATION: This item treated as an emergency in that it was determined by the working group that it is impractical to wait a month to get Board approval for this item before the RFP is released by DDA. Parking in the vicinity of the new Performing Arts Center is almost non-existent, especially with the capacity needs the Center is anticipated to create. In addition, no parking is included within the new Center. As we rapidly approach an opening scheduled now for May of 2006, it is critical that the parking issue be professionally analyzed by a qualified consultant to develop a plan that can be enacted by the appropriate authorities having jurisdiction either singularly or in some type of partnership with both the public and private sectors. Parking will be a very critical element in the success or failure of the new Center and, of course, as goes the Center, so will probably go the economics of the surrounding areas. On May 3 & 4, 2004, the Omni CRA coordinated a ULI (Urban Land Institute) Technical Assistance Program Panel for Miami -Dade Public Schools and the Miami Performing Arts Center with an emphasis on sharing resources to accommodate the needs of both entities (copy of Executive Summary attached). This TAP Panel found, "that it is essential that a multi-agency/stakeholder task force be established immediately to ensure the best collaboration for a timely and appropriate solution to the School Board and Arts Center's objectives {concerning parking}. A task force has been formed of the stakeholders, but it is recognized that professional technical assistance is necessary to analyze all the data and needs of each stakeholder and come up with a viable solution, or solutions, to the parking challenge. The DDA has voluntarily taken the lead in this effort and has requested that the CRA contribute to that end. Therefore, it is recommended that approval of this contribution of not more than $15,000 be ratified to assist in defraying the cost of the consultant fees. Fiscal Impact: $15,000 Funding Source: Omni Tax Increment Fund - Professional Services -Other Account Code No.: 686001.590320.6.270 FKRIeh