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HomeMy WebLinkAboutCRA-R-07-0017 03-26-2007 Legislation3 -a( o9 City of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov,com File Number: 07-00445 Final Action Dat A JOINT RESOLUTION OF THE BOARDS OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES ("CRAS"), PROHIBITING THE EXPENDITURE OF TAX INCREMENT FUNDS ON THE PERFORMING ARTS CENTER OF GREATER MIAMI, A STADIUM FOR PROFESSIONAL BASEBALL, THE PROPOSED TUNNEL FOR THE PORT OF MIAMI, THE MIAMI STREETCAR CD c-'-) PROJECT, OR THE PARROT JUNGLE AND GARDENS OF WATSON ISLAND, INC. SL CD —11 WHEREAS, the Southeast Overtown/Park West and Omni Redevelopment District Ciunmun 1T1 Redevelopment Agencies ("CRAs") are responsible for carrying out community redevelopmen activities and projects in accordance with their respective Redevelopment Plans; and WHEREAS, the CRAs have limited budgets; and WHEREAS, major projects including additional funding for the Performing Arts Center of Greater Miami, a stadium for professional baseball, a tunnel for the Port of Miami, the Miami Streetcar project, and repayment of the Section 108 loan made by Miami -Dade County to the Parrot Jungle and Gardens of Watson Island, Inc., have been proposed as uses for CRA funds; and WHEREAS, the Boards of Commissioners of the CRAs wish to prohibit use of CRA tax increment funds for any of these projects; NOW, THEREFORE, BE IT RESOLVED BY THE BOARDS OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST AND THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES 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. The Boards of Commissioners prohibit the expenditure of tax increment funds on the Performing Arts Center of Greater Miami, a stadium for professional baseball, the proposed tunnel for the Port of Miami, the Miami Streetcar Project; or the Parrot Jungle and Gardens of Watson Island, Inc. Section 3. This Resolution shall become effective immediately upon its adoption. City of Miami Page 1 of I Printed On: 3/26/2007