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HomeMy WebLinkAboutCRA-R-05-0050 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 05-01392 Final Action Date: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE EXPENDITURE OF FUNDS, IN AN AMOUNT NOT TO EXCEED $750,000, FOR STREETSCAPE IMPROVEMENTS ALONG THE 3RD AVENUE BUSINESS CORRIDOR IN OVERTOWN FROM NORTHWEST 7TH STREET TO NORTHWEST 14TH STREET; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE SAID FUNDS, AT HIS DISCRETION, DIRECTLY TO PROJECT VENDORS SELECTED BY THE CITY OF MIAMI OR TO AUTHORIZE THE CITY OF MIAMI TO ISSUE PURCHASE ORDERS TO PROJECT VENDORS, PROVIDED THAT COMPLIANCE WITH ALL APPLICABLE RULES AND REGULATIONS GOVERNING THE AWARD OF CONTRACTS TO SAID VENDORS HAS BEEN DEMONSTRATED; PROVIDING THAT THE CRA SHALL MAINTAIN NONSTANDARD UPGRADES INSTALLED AS PART OF THE PROJECT; AND REQUESTING THAT THE CITY OF MIAMI WAIVE ALL ADMINISTRATIVE FEES ASSOCIATED WITH THIS PROJECT AS ITS IN -KIND CONTRIBUTION; ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND, "CONSTRUCTION IN PROGRESS," ACCOUNT CODE NO. 689001.550108.6.860. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is responsible for carrying out community redevelopment activities and projects within the Southeast Overtown/Park West Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, the Redevelopment Plan, at Section IV. C. 1., includes as a recommended improvement: "Rebuild and beautify NW 3rd Avenue from NW 8th - 14th Streets;" and WHEREAS, the Board of Directors wishes to authorize funding for the 3rd Avenue Streetscape Project and to provide that the CRA will maintain nonstandard upgrades installed as part of the project; and WHEREAS, the Board of Directors wishes to request the City of Miami waive all administrative fees as its in -kind contribution to the project; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: 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 funds, in an amount not to exceed $750,000, for the 3rd Avenue Streetscape Project is authorized. City of Miami Page 1 of 2 Printed On: 12/1/2005 File Number.: 05-01392 Section 3. The Executive Director is authorized to disburse said funds, at his discretion, directly to project vendors selected by the City of Miami or to authorize the City of Miami to issue purchase orders to project vendors, provided that compliance with all applicable rules and regulations governing the award of contracts to said vendors has been demonstrated. Section 4. The CRA shall maintain nonstandard upgrades installed as part of the project. Section 5. The City of Miami is requested to waive all administrative fees associated with this project as its in -kind contribution and the Executive Director is directed to transmit this request to the City Manager for appropriate action. Section 6. Funds are to be allocated from SEOPW Tax Increment Fund, "Construction in Progress," Account Code No. 689001.550108.6.860. Section 7. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: ORGE ' NANDEZ GENE I.Crâ–ºUNSEL C City of Miami Page 2 of 2 Printed On: 12/1/2005