HomeMy WebLinkAboutCRA-R-07-0014 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-00350
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 $57,800, TO
PLAYERS OF MIAMI, LLC, D/B/A TWILO, FOR REIMBURSEMENT OF THE COST
OF INFRASTRUCTURE IMPROVEMENTS CONSISTING OF INSTALLATION OF
AN ELECTRICAL POWER VAULT AS REQUIRED BY FLORIDA POWER AND
LIGHT; FUNDS IN AN AMOUNT NOT TO EXCEED $57,800 TO BE ALLOCATED
FROM SEOPW TIF FUND, ACCOUNT CODE NO.
10050.920101.883000.0000.00000, ENTITLED "GRANTS AND AIDS".
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is
responsible for carrying out community redevelopment activities and projects in the Southeast
Overtown/Park West Community Redevelopment Area in accordance with itg Redevelopment Plan
("Plan"); and
WHEREAS, the Plan, at Page 13, Section III B, lists as redevelopment objectives encouragjing)
day and night activities in Downtown Miami, remov[ingj slum and blight conditions, and reinforce[ingj
the property tax base_ (See Southeast Overtown/Park West Community Redevelopment Plan at page
13, Section III. B, Redevelopment Objectives); and
WHEREAS, Players of Miami, LLC., d/b/a Twilo ("Twilo"), as part of the renovation of the former
warehouse at 30 N.E. 11th Street, in the Southeast Overtown/Park West Community Redevelopment
Area, was required by Florida Power and Light to install a transformer vault at a cost of $57,800; and
WHEREAS, Twilo has opened, employs approximately 40 people, and has asked for a grant to
cover this infrastructure improvement; and
WHEREAS, this amount was included in the CRA's grants budget and the. Board of
Commissioners wishes to authorize said grant;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
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 and
incorporated herein as if fully set forth in this section.
Section 2: That the Board of Commissioners hereby authorize a grant to Players of Miami, LLC,
d/b/a Twilo for reimbursement of the cost of infrastructure improvements consisting of installation of an
electrical power vault required by FondalPower and Light.
Section 3. Funds are to be allocated from SEOPW TIF Fund, Account Code No.
City of Miami
Page 1 of 2 Printed On: 3/19/2007
File Number. 07-00350
10050.920101.883000.0000.00000, entitled "Grants and Aids."
Section 4: This Resolution shall be effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
RGE L. FERNANDEZ
`.GENERAL COUNSEL /
City of Miami
Page 2 of Printed On: 3/19/2007