HomeMy WebLinkAboutCRA-R-05-0044 LegislationCity of Miami
Legislation
CRA Resolution
File Number: 05-01200
City Hail
3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fl.us
Final Action Date:
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 $3,500,000, FOR A NOT TO EXCEED PROJECT TOTAL OF $4,
000,000, 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
THROUGH PURCHASE ORDERS ISSUED BY THE CITY OF MIAMNDORS OR
I
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„
responsible for supporting and carrying out community redevelopment activities and projects
within
redevelopment area in accordance with the approvedp plan), is
and redevelopment ('Redevelopment Plan");"its
WHEREAS, Section V.B. of the redevelopment plan, entitled "Capital improvement Projects,"
Paragraph 3, provides for: "[pjublic infrastructure improvements including, but not limited to
streets, sidewalks J at
parks, landscaping and upgrading of publicly -acquired easements:" and
utilities,
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
construction phase for streetscape improvements in the a and
surrounding the Performing Arts Center of Greater Miami (the "Project"); two -block area immediately
WHEREAS, the Board of Directors wishes to authorize additional fundin in an
exceed $3,500,000 to complete the Project; and g amount not to
WHEREAS, the Board of Directors wishes to authorize the executive Director to disburs
project funds directly to vendors or through purchase orders issued by the Cit of Mi a all
Capital Improvement Projects; Y ami Department of
NOW, THEREFORE, BE T RESOLVED BY THE BOARD OF DIRECTORS OF THE O
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF
MIAMI, FLORIDA: THE CITY O OF
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
City of Miami
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Printed On: 10/15/2005
File Number. 05-01200
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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 $3,500,000, for a not to
exceed project total of $4,000,000, 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 CFRNANDEZ
GENERAL COUNSEL
City of!Viand
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Printed On: 10/15/2005