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HomeMy WebLinkAboutCRA-R-08-0036City of Miami Legislation CRA Resolution: CRA-R-08-0036 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-00764 Final Action Date: 6/30/2008 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED $55,000, TO THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY FOR THE EXPANSION OF ITS DOWNTOWN ENHANCEMENT TEAM PROGRAM TO THE MEDIA AND ENTERTAINMENT DISTRICT IN THE OMNI REDEVELOPMENT AREA; AUTHORIZING THE EXECUTIVE DIRECTOR, AT HIS DISCRETION, TO DISBURSE THE GRANT FUNDS ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM OMNI TAX INCREMENT FUND, ENTITLED "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10040.920101.883000.0000.00000. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects in accordance with its redevelopment plan; and WHEREAS, Section IV., A, at paragraph 3 of the Omni Redevelopment Plan, lists as a major revitalization strategy "to create the image of a desirable high quality 'uptown' district with an attractive appearance ... and the perception of safety and security;" and WHEREAS, the Miami Downtown Development Authority ("DDA") has requested a grant, in the amount of $55,000, to underwrite costs associated with the expansion of its Downtown Enhancement Team Program to the Media and Entertainment District in the Omni Redevelopment Area; and WHEREAS, the Downtown Enhancement Team Program will provide maintenance services in furtherance of the redevelopment strategy in the Media and Entertainment District in the Omni Redevelopment Area; and WHEREAS, the Board of Commissioners wishes to authorize the grant; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT 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 Board of Commissioners authorizes a grant, in an amount not to exceed City of Miami Page 1 of 2 File Id: 08-00764 (Version: 11 Printed On: 1/3/2023 File Number: 08-00764 Enactment Number: CRA-R-08-0036 $55,000, to the Miami Downtown Development Authority for the expansion of its Downtown Enhancement Program to the Media and Entertainment District in the Omni Redevelopment Area. Section 3. The Executive Director is authorized, at his discretion, to disburse the grant on a reimbursement basis, or directly to vendors, upon receipt of approved invoices and satisfactory documentation. Section 4. The Executive Director is authorized to execute all documents necessary for said purpose, in a form acceptable to General Counsel. Section 5. Funds are to be allocated from the Omni Tax Increment Fund, entitled "Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 08-00764 (Version: 11 Printed On: 1/3/2023