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HomeMy WebLinkAboutCRA-R-06-0009 Cover MemoSEOPW & Omni Board of Directors Meeting February 23, 2006 item # 6 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM T: Chairman Johnny L. Winton and Members of the CRA Board Date: February 17, 2006 06-00206 Subject: Appropriation to Rehabilitate Old Fire Station No. 2 From: Frank K. Rollason References: Executive Director Enclosures. Supporting Documentation; Legislation RECOMMENDATION: It is recommended that the Board of Directors of the Omni Redevelopment Distract Community Redevelopment Agency (CRA) approve and adopt the attached Resolution authorizing the Executive Director to provide funding in an amount not to exceed $800,000 to the City of Miami for the shell and structural rehabilitation of Old Fire Station No. 2 located at 1401 North Miami Avenue contingent upon the City of Miami transferring the title of said fire station to the Omni CRA prior to any funding taking place. JUSTIFICATION: On January 3, 2006, the City Manager, Joe Arriola sent a memo (copy attached) to Omni CRA Board Chairman Johnny Winton requesting that the Omni CRA consider funding basic environmental and structural renovations to the historic Old Fire Station No. 2 in an amount not to exceed $800,000. The use of Tax Increment Fund (TIF) dollars for historic preservation is an allowable expense under the current Omni Redevelopment Plan, but Florida Chapter 163 prohibits the use of TIF dollars on municipal buildings. Therefore, it would be necessary for the City to transfer the property to the CRA to allow this funding mechanism to be implemented. Attached please find an October 27, 2005 memo from the City's Capital Improvement Project (CIP) Department outlining the scope of work for this project. FUNDING: $800,000.00 from Omni TIF Account No. 686001.590320.6.860 entitled Construction in Progress. FKRJeh