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HomeMy WebLinkAboutCRA-R-07-0016 Cover Memo• • • SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM SEOPW & Omni Boards of Commissioners Meeting March 26, 2007 Ilem # 7 To: Board Chair Michelle Spence -Jones and Members of the CRA Board Date: March 19, 2007 File: 07-00360 Subject: Direction to Seek Reimbursement of CRA's DRI Expenses From: James H, Viliacorta References: Executive Director' Enclosures: BACKGROUND: The attached Resolution directs the Executive Director to request that the City Manager bring a resolution before the Miami City Commission authorizing the reimbursement of expenses incurred by the CRA in obtaining and updating the SEOPW development of regional impact development order. JUSTIFICATION: The Master Development Order for the SEOPW DRI was approved on February 11, 1988 by the City of Miami Commission pursuant to City Resolution R-88-110 and R-88-111. In 2004, Planning and Zoning advised the CRA that the allowable development credits under the DRI Order was in need of updating. By Resolution No. CRA-R-05-0003, adopted on January 31, 2005, the Board of Commissioners authorized expenditure of up to $73,500 for this purpose. Section 13-101 of the Code of the City of Miami provides that the CRA may recover these costs from the supplemental development fee collected by the City of Miami. JHV/eh