HomeMy WebLinkAboutCRA-R-07-0028 Memo (2)SEOPW & Omni Boards of Commissioners Meeting
July 30, 2007
Item # 4
SOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones Date: July 20, 2007 File: 07-00698
and Members of the CRA Board
Subject: Authorizing the Update of the Finding of
Necessity Study for the expansion of the
SEOPW Boundaries
From: James H. Villacorta( / References:
Executive Director [/
Enclosures: Legislation
BACKGROUND:
The attached resolution authorizes an agreement with Florida International University's Metropolitan Center, in
an amount not to exceed $25,000, to update the Finding of Necessity Study for the Amended 2004 SEOPW
Redevelopment Plan as requested by Miami -Dade County. Further, as requested by the Board Chair, the study
will evaluate inclusion of additional areas, most notably the Town Park Development, in the Southeast
Overtown/Park West Community Redevelopment Area.
JUSTIFICATION:
At a recent meeting representatives of Miami -Dade County requested that the Finding of Necessity Study
supporting the Amended 2004 SEOPW Redevelopment Plan be updated prior to consideration by its Board of
Commissioners. Additionally, the District 5 Commissioner has requested the Community Redevelopment
Agency explore additional expansion of the Redevelopment Area. Florida Statutes Section 163.355 provides
that no municipality shall exercise community redevelopment authority conferred by statute until a legislative
finding of necessity supported by data and analysis has been adopted. This study is necessary to comply with
the statute.
FUNDING SOURCE: $25,000 from SEOPW Tax Increment Fund, "Professional Services," Account Code No.
10050.920101.531000.0000.00000.
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