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HomeMy WebLinkAboutCRA-R-06-0021 LegislationCity of Miami Legislation CRA Resolution File Number: 06-00921 City Hall 3500 Pan American Drive Miami, FL 33133 www.cLmiami.fi.us Final Action Date: 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 Are accordance with its Redevelopment Plan; and p a in 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 1J1. 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 MIAM1, FLORIDA: OF 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, consistingof wells, sidewalks, utility connections, electric duct banks, relocation of power poles removal lines, and street improvements required for construction of the Filling Station Lofts storm water Miami Avenue is authorized. of phone at 1657 North City of Miami Page 1 of 2 Printed On: 6/13/2006 File Number: 06-00921 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 94p Section 5. This Resolution shall become effective immediately upon its adoption. APPROV D • . T9 FORM AND CORRECTNESS: JORGE F G RALC City of Miami NANDEZ UNSEL Page 2 of 2 Printed On: 6/13/2006