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HomeMy WebLinkAboutCRA-R-08-0063 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-01334 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $400,000, TO ST. JOHN COMMUNITY DEVELOPMENT CORPORATION, INC. ("ST. JOHN") TO REHABILITATE THE ST. JOHN APARTMENTS, AT 220-250 N.W. 13TH STREET AND 1300 N.W. 2ND AVENUE, MIAMI, FLORIDA, PROVIDED THAT ST. JOHN DEMONSTRATES IT HAS OBTAINED THE BALANCE OF FUNDS NECESSARY FOR THE REHABILITATION; AUTHORIZING THE EXECUTIVE DIRECTOR, AT HIS DISCRETION, TO DISBURSE THE GRANT 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 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 redevelopment activities and projects in the Redevelopment Area in accordance with the approved Redevelopment Plan ("Plan"); and WHEREAS, Section III, B., at Page 13, of the Plan lists the "[r]ehabilitation of existing housing," and "provid[ing] opportunity for residents to continue to live in Overtown" as stated redevelopment objectives; and WHEREAS, on December 18, 2006, the Board of Commissioners directed the CRA to identify housing units in need of rehabilitation; and WHEREAS, the St. John Apartments, thirty-three (33) residential rental units at 220-250 N.W. 13th Street and 1300 N.W. 2nd Avenue, Miami, Florida ("St. John Apartments"), were constructed with HUD block grant funds and are restricted as to income and rent levels; but due to hurricane damage and deferred maintenance, approximately one-third of the units are vacant; and WHEREAS, St. John has obtained bids for rehabilitation of the St. John Apartments at a cost of $778,777; and WHEREAS, on September 3, 2008, the Board of Commissioners, by Resolution No. CRA-R-08-0048, authorized the issuance of a grant, in an amount not to exceed $120,000, to St. John Community Development Corporation, Inc. ("St. John") for Phase I of the rehabilitation, consisting of roof repairs; and WHEREAS, St. John is seeking additional funding from the CRA and other sources, City of Miami Page 1 of 2 Printed On: 11/14/2008 File Number.: 08-01334 including Miami -Dade County to complete the rehabilitation of the St. John Apartments; and WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to exceed $400,000, to St. John to rehabilitate the St. John Apartments, provided that St. John demonstrates it has obtained the balance of funds necessary for the rehabilitation; 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 as if fully set forth in this Section. Section 2. A grant, in an amount not to exceed $400,000, to St. John Community Development Corporation, Inc. ("St. John") to rehabilitate the St. John Apartments, at 220-250 N.W. 13th Street and 1300 N.W. 2nd Avenue, Miami, Florida, provided that St. John demonstrates its has obtained the balance of funds necessary for the rehabilitation, is authorized. Section 3. The Executive Director is authorized, at his discretion, to disburse the grant on a reimbursement basis or directly to vendors upon presentation of 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 SEOPW Tax Increment Fund, "Construction in Progress," Account Code No. 10050.920101.670000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU GENERAL COUNSEL City of Miami Page 2 of? Printer! On: 11./11/2008