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HomeMy WebLinkAboutCRA-R-06-0021City of Miami Legislation CRA Resolution: CRA-R-06-0021 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 06-00921 Final Action Date: 6/26/2006 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $850,000, TO FILLING STATION LOFTS, LLC, FOR INFRASTRUCTURE IMPROVEMENTS IN THE PUBLIC RIGHT-OF-WAY OR UTILITY EASEMENTS, CONSISTING OF STORM WATER WELLS, SIDEWALKS, UTILITY CONNECTIONS, ELECTRIC DUCT BANKS, RELOCATION OF POWER POLES, REMOVAL OF PHONE LINES, AND STREET IMPROVEMENTS REQUIRED FOR CONSTRUCTION OF THE FILLING STATION LOFTS AT 1657 NORTH MIAMI AVENUE; AUTHORIZING THE EXECUTIVE DIRECTOR, AT HIS DISCRETION, TO DISBURSE THE GRANT ON A REIMBURSEMENT BASIS FOR COMPLETED AND APPROVED WORK, OR DIRECTLY TO CONTRACTORS UPON RECEIPT OF INVOICES AND SATISFACTORY DOCUMENTATION; FUNDS TO BE ALLOCATED FROM OMNI TAX INCREMENT FUND, "OTHER GRANT AND AIDS," ACCOUNT CODE NO. 686001.590320.6.940. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA"), is responsible for carrying out community redevelopment activities in the Omni Redevelopment Area in accordance with its Redevelopment Plan; and WHEREAS, providing adequate public utilities and services for the Omni area's residents, and businesses and providing incentives for construction of new housing to attract downtown workers, are stated objectives of the Redevelopment Plan (See Omni Area Redevelopment Plan, Section III. Redevelopment Objectives, at page 9); and WHEREAS, Filling Station Lofts, LLC has requested a grant to support certain infrastructure improvements required for construction of the Filling Station Lofts; and WHEREAS, the Board of Commissioners wishes to authorize this grant; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT 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. A grant, in an amount not to exceed $850,000, to Filling Station Lofts, LLC, for infrastructure improvements in the public right-of-way or utility easements, consisting of storm water wells, sidewalks, utility connections, electric duct banks, relocation of power poles, removal of phone lines, and street improvements required for construction of the Filling Station Lofts at 1657 North Miami Avenue is authorized. City of Miami Page 1 of 2 File Id: 06-00921 (Version: 1) Printed On: 1/17/2023 File Number: 06-00921 Enactment Number: CRA-R-06-0021 Section 3. The Executive Director is authorized, at his discretion, to disburse the grant on a reimbursement basis for completed and approved work, or directly to contractors upon receipt of invoices and satisfactory documentation. Section 4. Funds are to be allocated from OMNI Tax Increment Fund, "Other Grant and Aids," Account Code No. 686001.590320.6.940. Section 5. This Resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 06-00921 (Version: 1) Printed On: 1/17/2023