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HomeMy WebLinkAboutCRA-R-08-0047 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-00940 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING ADDITIONAL FUNDS, IN AN AMOUNT NOT TO EXCEED $4,500,000, FOR A TOTAL PROJECT COST NOT TO EXCEED $6,000,000, FOR STREETSCAPE IMPROVEMENTS ALONG NORTHEAST 14TH STREET FROM NORTHEAST 2ND AVENUE WEST TO THE FLORIDA EAST COAST RAILWAY TRACKS (APPROXIMATELY NORTHWEST 1ST AVENUE); AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE SAID FUNDS, AT HIS DISCRETION, DIRECTLY TO VENDORS SELECTED BY THE CITY OF MIAMI, OR TO AUTHORIZE THE CITY OF MIAMI TO ISSUE PURCHASE ORDERS TO PROJECT VENDORS; PROVIDING THAT THE CRA SHALL MAINTAIN NONSTANDARD UPGRADES INSTALLED AS PART OF THE PROJECT; ALLOCATING FUNDS FROM OMNI TAX INCREMENT FUND, ENTITLED "CONSTRUCTION IN PROGRESS," ACCOUNT CODE NO. 10040.920101.670000.0000.00000. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its redevelopment area in accordance with the approved Redevelopment Plan; and WHEREAS, Section V.B. of the redevelopment plan, entitled "Capital Improvement Projects," at Paragraph 3, provides for "[pjublic infrastructure improvements including, but not limited to, utilities, streets, sidewalks, parks, landscaping and upgrading of publicly -acquired easements:" and WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-05-0052, passed and adopted on December 15, 2005, authorized the expenditure of funds, in an amount not to exceed $1,500,000, for streetscape improvements along Northeast 14th Street from Northeast 2nd Avenue west to the Florida East Coast Railway tracks (approximately Northwest 1st Avenue); however, this amount did not reflect the total project cost; and WHEREAS, the Board of Commissioners wishes to authorize additional funding for the Northeast 14th Street Streetscape Improvement Project, and to provide that the CRA will maintain nonstandard upgrades installed as part of the project; 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 expenditure of additional funds, in an amount not to exceed $4,500,000, for a total project cost not to exceed $6,000,000, for streetscape improvements along Northeast 14th City of Page 1 of 2 Printed On: 8/26/2008 File Number. 08-00940 Northwest 1st Avenue) is authorized. Street from Northeast 2nd Avenue west to the Florida East Coast Railway tracks (approximately Section 3. The Executive Director is authorized to disburse said funds, at his discretion, directly to project vendors selected by the City of Miami, or to authorize the City of Miami to issue purchase orders to project vendors. Section 4. The CRA shall maintain nonstandard upgrades installed as part of the project. Section 5. Funds are to be allocated from Omni Tax Increment Fund, entitled "Construction in Progress," Account Code No. 10040.920101.670000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AST O FORM AND CORRECTNESS: JULIE O. BRU GENERAL COUNSEL. City of Miami Page 2 of 2 Printed On: 8/26/2003