HomeMy WebLinkAboutCRA-R-05-0044City of Miami
Legislation
CRA Resolution: CRA-R-05-0044
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 05-01200 Final Action Date: 11/3/2005
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING THE EXPENDITURE OF ADDITIONAL FUNDS, IN AN AMOUNT
NOT TO EXCEED $4,000,000, FOR A NOT TO EXCEED PROJECT TOTAL OF
$4,500,000, FOR THE STREETSCAPE IMPROVEMENTS WITHIN AN
APPROXIMATE TWO -BLOCK AREA SURROUNDING THE PERFORMING ARTS
CENTER OF GREATER MIAMI; AUTHORIZING THE EXECUTIVE DIRECTOR TO
DISBURSE SAID FUNDS AT HIS DISCRETION, DIRECTLY TO VENDORS OR
THROUGH PURCHASE ORDERS ISSUED BY THE CITY OF MIAMI
DEPARTMENT OF CAPITAL IMPROVEMENT PROJECTS; AMENDING
RESOLUTION NO. CRA-05-0021 TO PROVIDE THAT THE $500,000
PREVIOUSLY ALLOCATED MAY BE DISBURSED IN THE SAME MANNER;
ALLOCATING FUNDS FROM OMNI TAX INCREMENT FUND, "OMNI
CONSTRUCTION IN PROGRESS," ACCOUNT CODE NO. 686001.590320.6.860.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA"), is
responsible for supporting and carrying out community redevelopment activities and projects within its
redevelopment area in accordance with the approved redevelopment plan ("Redevelopment Plan");"
and
WHEREAS, Section V.B. of the redevelopment plan, entitled "Capital Improvement Projects," at
Paragraph 3, provides for: "[p]ublic infrastructure improvements including, but not limited to, utilities,
streets, sidewalks, parks, landscaping and upgrading of publicly -acquired easements;" and
WHEREAS, on May 26, 2005, by Resolution No. CRA-R-05-0021, the Board of Directors
authorized the expenditure of funds, in an amount not to exceed $500,000, to initiate the design and
construction phase for streetscape improvements in the approximate two -block area immediately
surrounding the Performing Arts Center of Greater Miami (the "Project"); and
WHEREAS, the Board of Directors wishes to authorize additional funding in an amount not to
exceed $4,000,000 to complete the Project; and
WHEREAS, the Board of Directors wishes to authorize the executive Director to disburse all
project funds directly to vendors or through purchase orders issued by the City of Miami Department
of Capital Improvement Projects;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI,
FLORIDA:
City of Miami
Page 1 of 2 File Id: 05-01200 (Version: 2) Printed On: 9/14/2011
File Number: 05-01200 Enactment Number: CRA-R-05-0044
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 expenditure of additional funds, in an amount not to exceed $4,000,000, for a not
to exceed project total of $4,500,000, for the streetscape improvements within an approximate
two -block area surrounding the Performing Arts Center of Greater Miami is authorized.
Section 3. The Executive Director is authorized to disburse said funds, at his discretion, directly to
vendors or through purchase orders issued by the City of Miami Department of Capital Improvement
Projects.
Section 4. CRA Resolution No. CRA-05-0021 is amended to provide that the $500,000 previously
allocated may be disbursed in the same manner.
Section 5. Funds are to be allocated from OMNI Tax Increment Fund, "Omni Construction in
Progress," Account Code No. 686001.590320.6.860.
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
JORGE L. FERNANDEZ
GENERAL COUNSEL
City of Miami Page 2 of 2 File Id: 05-01200 (Version: 2) Printed On: 9/14/2011