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File Number: 07-00884
City of Miami
Legislation
CRA Resolution
City Hail
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date:
A JOINT RESOLUTION OF THE BOARDS OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT
DISTRICT COMMUNITY REDEVELOPMENT AGENCIES AMENDING
RESOLUTION CRA-R-05-0038, PASSED AND ADOPTED, ON NOVEMBER 3,
2005, TO EXPAND THE SCOPE OF THE GRANT FOR DOWNTOWN MIAMI
PARTNERSHIP'S ("DMP") "WRAP -AROUND BUILDING REHAB PROGRAM" TO
INCLUDE PRESERVATION AND RESTORATION OF HISTORIC BUILDINGS;
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS
NECESSARY FOR SAID PURPOSE; ALLOCATING ADDITIONAL FUNDS, IN AN
AMOUNT NOT TO EXCEED $225,000 FROM SEOPW TAX INCREMENT FUND,
"OTHER GRANTS AND AIDS," ACCOUNT CODE NO.
10050.920101.883000.0000.00000, AND IN AN AMOUNT NOT TO EXCEED
$225,000 FROM OMNI TAX INCREMENT FUND, "OTHER GRANTS AND AIDS,"
ACCOUNT CODE NO. 10040,920101.883000.0000.00000.
WHEREAS, the Southeast Overtown/Park West and Omni Redevelopment District Community
Redevelopment Agencies ("CRAs") are responsible for carrying out community redevelopment
activities and projects within their respective Redevelopment Areas in accordance with their approved
Redevelopment Plans; and
WHEREAS, maintaining existing businesses, attracting new businesses, rehabilitating existing
housing, preserving historic buildings and sites, removing slum and blighted conditions, reinforcing the
property tax base, providing incentives for redevelopment of blighted properties, and promoting
rehabilitation and maintenance of existing viable uses and structures are all stated objectives of both
Redevelopment Plans; and
WHEREAS, on November 3, 2005 the Boards of Commissioners approved a grant to
Downtown Miami Partnership ("DMP") for its Wrap -Around Building Rehab Program which includes: 1)
A Commercial Building Rehabilitation Program; 2) A Residential Building Rehabilitation Program; 3) A
Hardscape and Landscape Improvement Program; and 4) A Tenant ImprovementlVanilla Box Program
which will further many of these objectives; and
WHEREAS, the Boards of Commissioners wish to authorize the expansion of the grant
program to include preservation and rehabilitation of historic buildings and to provide additional funds;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARDS OF COMMISSIONERS OF
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.
City of Miami Page I of 2 Printed On: 7/25/2007
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File Number. 07-00864
Section 2. Resolution CRA-R-05-0038, passed and adopted, on November 3, 2005, is
amended to expand the scope of Downtown Miami Partnership's ("DMP") "Wrap -Around Building
Rehab Program" to include preservation and restoration of historic buildings.
Section 3. Additional funds in an amount not to exceed $450,000 for the "Wrap -Around
Building Rehab Program" are authorized.
Section 4. The Executive Director is authorized to execute all documents necessary for said
purpose.
Section 5. Funds are to be allocated as follows: funds in an amount not to exceed $225,000
from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No.
10050.920101.883000.0000.00000, and funds, in an amount not to exceed $225,000, from OMNI
Tax Increment Fund, "Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000,
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO O M ANQ CORRECTNESS:
JORGE L. FER
GENERAL COUNSEL "
City of Miami Page 2 of 2 Printed On: 712512007