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HomeMy WebLinkAboutCRA-R-05-0010 Cover MemoCRA Board of Directors Meeting February 28, 2005 Item 43 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM Chairman Johnny L. Winton and Members of the CRA Board From: Frank`K. Rollason Executive Director Date: February 18, 2005 File: 05-00122 Subject: Ratification of St. John CDC Grant Agreement References: Enclosures: Resolution; Supporting Documentation RECOMMENDATION: It is recommended that the Board of Directors for the Southeast Overtown/Park West Community Redevelopment Agency (SEOPW CRA) approve and adopt the attached Resolution ratifying the actions taken by the Executive Director in executing a Grant Agreement on July 30, 2004 with St. John Community Development Corporation in the amount of $252,000 for the purpose of paying the cost to 1) construct a decorative fence around St. John Baptist Church, 2) to repave and stripe the parking lot for St. John Baptist Church, and 3) to pressure clean and paint St. John Baptist Church. JUSTIFICATION: On April 28, 2003, the SEOPW Board of Directors approved the Primary Settlement Agreement with St. John Community Development Corporation concerning an RFP issued by the CRA in 1996 and the subsequent proposal submitted by the Joint Venture of St. John CDC and Lyric Village Housing, Inc. As part of the settlement discussions in crafting the primary settlement agreement, it was agreed by both parties that a secondary settlement agreement would be crafted carving out a separate Grant Agreement for capital improvements on the St. John Baptist Church site, itself, and that St. John CDC would be the organization who would be the recipient of that grant in the amount of $252,000 (see attached excerpt from the verbatim minutes of the Executive Session held on September 11, 2003). Subsequent to the Primary Settlement Agreement being executed, the Executive Director worked with Special Counsel (William Bloom of Holland & Knight) in negotiating the Grant Agreement with St. John CDC. These negations took until July of 2004 to finalize and the Agreement was fully executed by both parties on July 30,2004 with no further action of the CRA Board. Since that time, St. John CDC has been in the process of drawing up specifications and obtaining bids for various phases of the projects provided for in the Grant Agreement. Just recently, St. John CDC has submitted the required documentation to make the first draw on the Grant when it was discovered that there does not appear to be final authorization from the CRA Board for the Grant Agreement. The Executive Director had worked under the impression that the approval by the Board for the Primary Grant Agreement also contained authorization for the Executive Director to enter into the Secondary Agreement — the Grant Agreement. Research indicates that this is not the case and it is therefore necessary for the Board of Directors to ratify the action of the Executive Director in executing this Grant Agreement. FUNDING SOURCE: $252,000.00 from SEOPW TIF Account No. 689001.550108.6.860 entitled "Construction in Progress" FKR/eh