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HomeMy WebLinkAboutCRA-R-07-0031City of Miami Legislation CRA Resolution: CRA-R-07-0031 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-00802 Final Action Date: 7/30/2007 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), RATIFYING THE EXERCISE OF THE FIRST TWO YEAR OPTION TERM UNDER THE AGREEMENT WITH UNDER POWER CORPORATION FOR MAINTENANCE OF CRA OWNED STREET LIGHTS, AT A COST OF $9.40 PER FIXTURE PER MONTH, NOT TO EXCEED $40,000 A YEAR; ALLOCATING FUNDS FROM SEOPW TIF FUND, ENTITLED "OTHER CONTRACTUAL SERVICES," ACCOUNT CODE NO. 10050.920101.534000.0000.00000. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is responsible for maintenance of street lights along the 9th Street Pedestrian Mall, Sawyers Walk, The Grand Promenade and various parking lots; and WHEREAS, the CRA entered into a maintenance agreement for street lighting with Under Power Corporation at a cost of $9.40 per fixture per month for a period of five (5) years commencing May 1, 2002, with two (2) options to renew for a period of 2 years each; and WHEREAS, to ensure uninterrupted service, the Executive Director exercised the first two (2) year renewal option commencing May 1, 2007, at no increase in cost; and WHEREAS, the Board of Commissioners wishes to ratify the exercise of the renewal option; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF 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 by reference and incorporated herein as if fully set forth in this Section. Section 2. The exercise of the first two year option term under the agreement with Under Power Corporation for maintenance of CRA owned street lights, at a cost of $9.40 per fixture per month, not to exceed $40,000 a year, is ratified. Section 3. Funds are to be allocated from SEOPW TIF Fund, entitled "Other Contractual Services," Account Code No. 10050.920101.534000.0000.00000. City of Miami Page 1 of 2 File Id: 07-00802 (Version: 11 Printed On: 1/9/2023 File Number: 07-00802 Enactment Number: CRA-R-07-0031 Section 4. This Resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 07-00802 (Version: 1) Printed On: 1/9/2023