HomeMy WebLinkAboutCRA-R-07-0044City of Miami
Legislation
CRA Resolution: CRA-R-07-0044
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-01339 Final Action Date: 10/29/2007
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA")
AUTHORIZING PAYMENT, IN AN AMOUNT NOT TO EXCEED $343,387.20, TO
FLORIDA POWER & LIGHT COMPANY, AS FINAL PAYMENT FOR THE
OVERHEAD TO UNDERGROUND CONVERSION AND FACILITY UPGRADE FOR
THE NORTHWEST 9TH STREET PEDESTRIAN MALL ALTERNATE PHASE 4
PLAN; ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND,
"CONSTRUCTION IN PROGRESS," ACCOUNT CODE NO.
10050.920101.670000.0000.00000.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA")
is responsible for carrying out community redevelopment activities and projects within the Southeast
Overtown/Park West Community Redevelopment Area in accordance with its approved
Redevelopment Plan; and
WHEREAS, pursuant to Resolution No. SEOPW/CRA R-01-45, passed and adopted on May
21, 2001, the CRA advanced $23,200 to Florida Power & Light Company ("FPL"), through the City of
Miami's Public Works Department, as a non-refundable engineering deposit for preparation of
designs and a binding cost estimate for Phase 3 and 4 of the overhead to underground electrical
conversion on the 3rd Avenue Extension to the N.W. 9th Street Pedestrian Mall; and
WHEREAS, the City of Miami, by Resolution No. R-02-256, passed and adopted on March 7,
2002, authorized the City Manager to execute agreements between the City of Miami and FPL for
Phase 3 and 4 of the overhead to underground conversion, contingent on the CRA providing funding
for the project's total cost; and
WHEREAS, on June 10, 2003, the CRA received a binding cost estimate for Phase 4 of the
overhead to underground conversion of $508,543.20 inclusive of any cost overruns; and
WHEREAS, Phase 4 of the overhead to underground conversion at the 9th Street Mall has
been completed at a cost to FPL of $569,502.59; and
WHEREAS, Resolution No. SEOPW/CRA R-03-102, passed and adopted on December 8,
2003, reallocated funds of which $141,956 were applied towards Phase 4 of the conversion; and
WHEREAS, FPL has submitted a final invoice for the work in the amount of $343,387.20
($508,543.20 - ($23,200 + $141,956)); and
WHEREAS, funding for this project was included in the CRA's 2007 Fiscal Year Capital
Projects Plan; and
WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to issue final
City of Miami Page 1 of 2 File Id: 07-01339 (Version: 11 Printed On: 1/5/2023
File Number: 07-01339 Enactment Number: CRA-R-07-0044
payment to FPL;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
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 Executive Director is authorized to issue payment, in an amount not to exceed
$343,387.20, to Florida Power & Light Company, as final payment for the Overhead to Underground
Conversion and Facility Upgrade for the Northwest 9th Street Pedestrian Mall Alternate Phase 4
Conversion.
Section 3. Funds are to be allocated from SEOPW Tax Increment Fund, "Construction in
Progress," Account Code No. 10050.920101. 670000.0000.00000.
Section 4. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 07-01339 (Version: 11 Printed On: 1/5/2023