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HomeMy WebLinkAboutCRA-R-08-0018 Cover Memo (2)• • • SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM SEOPW & Omni Boards of Commissioners Meeting April 28, 2008 Item # 4 To: Board Chair Michelle Spence -Jones Date: March 21, 2008 File: 06-00232 and Members of the CRA Board Subject: Rescission of Resolution No. CRA-R-07- 0028 and Ratification of Executive Director's Issuance of a Work Order for the Finding of Necessity Study for Expansion of the Boundaries for the SEOPW CRA. From: James H. VillacortReferences: Executive Directo Enclosures: Supporting Documentation; Legislation BACKGROUND: The attached Resolution rescinds Resolution No. CRA-R-07-0028 in its entirety and ratifies the Executive Director's issuance of a Work Order, in the amount of $17,500, to Olmedillo X 5, Inc., for an update of the Finding of Necessity Study for expansion of the boundaries of the Southeast Overtown/Park West Redevelopment Area. The Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA"), by Resolution No. CRA-R-07-0028, authorized execution of an agreement with Florida International University's Metropolitan Center ("FIU"), in an amount not to exceed $25,000, to update the Finding of Necessity Study for the Amended 2004 SEOPW Redevelopment Plan and to evaluate additional expansion of the Redevelopment Area. FIU ultimately submitted a proposal at a cost in excess of $38,000. The CRA subsequently received a proposal in the amount of $17,500 from Olmedillo X 5, Inc., whose principal performed the original study for the 2004 Amended Plan, and issued a Work Order in that amount. JUSTIFICATION: Section 163.355, Florida Statutes, 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: $17,500 from SEOPW Tax Increment Fund, "Professional Services" Account code No. 10050.920101.531000.0000.00000. JHV/pk