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HomeMy WebLinkAboutCRA-R-07-0006 3-cover memo• • • SEOPW and OMNI Boards of Commissioners Meeting February 26, 2007 Item # 3 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: February 16, 2007 File: 07-00132 and Members of the CRA Board Subject: Authorizing Funding for Preparation of Design Drawings for Improvements to North Bayshore Drive From: James H. Villacort � References: Executive Director((! Enclosures: Supporting Documentation, Legislation BACKGROUND: This resolution authorizes funding for preparation of design drawings through the City of Miami's Capital Improvements and Transportation Office for traffic and roadway improvements, including signage, along North Bayshore Drive between approximately Northeast 15th Street and Northeast 17th Terrace, Miami, Florida. JUSTIFICATION: Extensive new construction along North Bayshore Drive in front of Margaret Pace Park has generated traffic flows to and from those work sites which has had a detrimental impact on the hotels and businesses along North Bayshore Drive between approximately NE 15th Street and NE 17th Terrace. The CRA undertook a traffic study to evaluate possible solutions with an emphasis on solving ingress and egress bottlenecks and to assist visitors and tourists with way -finding signs. The traffic study has been completed and this funding will allow preparation of the design drawings necessary to implement the study's recommendations. Funding for this project was included as part of the Omni CRA's 2007 Capital Projects Plan. FUNDING SOURCE: $100,000 from Omni TIF Fund, "Construction In Progress," Account Code No. 10040.920101.670000.0000.00000 JHV/eh