HomeMy WebLinkAboutCRA-R-06-0048 legislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 06-02076 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $525,000, TO THE
DOWNTOWN MIAMI PARTNERSHIP TO PROVIDE PARTIAL FUNDING FOR THE
"NW 3rd AVENUE FACADE PROGRAM;" AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE;
ALLOCATING FUNDS, IN AN AMOUNT NOT TO EXCEED $525,000, FROM
SEOPW TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT
CODE NO. 10050.920101.883000.0000.00000.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA")
is responsible for carrying out community redevelopment activities and projects in accordance with its
approved Redevelopment Plan; and
WHEREAS, maintaining existing businesses, attracting new businesses, preserving historic
buildings and sites, removing slum and blighted conditions, reinforcing the property tax base, and
rebuilding and beautifying NW 3rd Avenue are all stated objectives of the Redevelopment Plan (See
Section III, B., at page 13, and Section IV, C., paragraph 1, at page 27, of the 1982 Southeast
Overtown/Park West Community Redevelopment Plan, as amended); and
WHEREAS, the Downtown Miami Partnership ("DMP") has created a program to rehabilitate
the building facades along NW 3rd Avenue which will help accomplish these objectives; and
WHEREAS, DMP has requested a grant, in an amount not to exceed $525,000, to partially
fund the NW 3rd Avenue Facade Program; and
WHEREAS, the Board of Commissioners wishes to authorize the grant;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
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. A grant, in an amount not to exceed $525,500, to the Downtown Miami Partnership
to provide partial funding for the "NW 3rd Avenue Facade Program"' is authorized.
Section 3. The Executive Director is authorized to execute all documents necessary for said
purpose.
Section 4. Funds, in an amount not to exceed $525,000, are to be allocated from SEOPW Tax
City of Miami
Page 1 of 2 Printed 0',: 11/21/2006
File Number: 06-02076
Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPRO,,FORM AND CORRECTNESS:
City of Miami Page 2 of 2 Printed On: 11/21/2006