HomeMy WebLinkAboutCRA-R-07-0033 memo (2)•
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SEOPW & Omni Boards of Commissioners Meeting
July 30, 2007
SOUTHEAST OVERTOWN/PARK WEST Item # 14
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones Date: July 30, 2007 File: 07-00900
and Members of the CRA Board
Subject: Authorizing Funding for Improvements to
North Bayshore Drive
From: James H. Villacort References:
Executive Direct()
Enclosures: Legislation
BACKGROUND:
The attached resolution authorizes funding, in an amount not to exceed $550,000, for improvements to North
Bayshore Drive between approximately Northeast 15th Street and Northeast ,,17th Terrace in the Omni
Redevelopment Area. New construction along North Bayshore Drive in the Omni Redevelopment Area has
severely impacted traffic entering and exiting the hotels along North Bayshore Drive. The Board of
Commissioners, by Resolution CRA-R-05-0020, passed and adopted on April 25, 2005, authorized a traffic
access study which identified possible solutions for inclusion in the CRA's Capital Projects Plan. Funding for
this project was included in the CRA's 2007 Fiscal Year Capital Projects Plan. The Board of Commissioners, by
Resolution CRA-R-07-0006, passed and adopted on March 26, 2007, authorized funds for preparation of design
drawings. This resolution authorizes funding for post -design fees and construction through the City of Miami's
Capital Improvements & Transportation Office.
JUSTIFICATION:
"Resoiv[ing] existing and future transportation conflicts" is a stated objective of the Omni Redevelopment
District Community Redevelopment Plan at page 10, Section III. E. paragraph 1. This Resolution authorizes
funding for construction of improvements needed to improve traffic flow, facilitate ingress and egress, and
ameliorate conflicts associated with new construction.
FUNDING SOURCE: $550,000 from Omni TIF Fund, "Construction In Progress," Account Code No.
10040.920101.670000.0000.00000.
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