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HomeMy WebLinkAboutCRA-R-09-0010City of Miami Legislation CRA Resolution: CRA-R-09-0010 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 09-00034 Final Action Date: 1/26/2009 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING EXERCISE OF THE CRA'S OPTION TO EXPAND THE AGREEMENT WITH THE CURTIS GROUP FOR IMPLEMENTATION OF INCREMENT III OF THE CRA'S MASTER DEVELOPMENT ORDER AS A DEVELOPMENT OF REGIONAL IMPACT TO INCLUDE THE MIAMI WORLD CENTER PROJECT, AT A COST NOT TO EXCEED $500,000, FORA TOTAL PROJECT COST NOT TO EXCEED $1,243,500; ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND, "PROFESSIONAL SERVICES - OTHER," ACCOUNT CODE NO. 10050.920101.531000.0000.00000, WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within the Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-08-0043, passed and adopted on September 3, 2008, authorized execution of a professional services agreement with The Curtis Group, in an amount not to exceed $743,500, for implementation of Increment III of the CRA's Master Development Order as a Development of Regional Impact within the existing Southeast Overtown/Park West Redevelopment Area ("DRI Agreement"); and WHEREAS, the DRI Agreement provided an option to include the Miami World Center Project at an additional cost not to exceed $500,000; and WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to exercise the option to expand the DRI Agreement to include the Miami World Center Project; 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. Exercise of the CRA's option to expand the agreement with The Curtis Group for implementation of Increment III of the CRA's Master Development Order as a Development of Regional Impact to include the Miami World Center Project, at a cost not to exceed $500,000, for a total project cost not to exceed $1,243,500, is authorized. Section 3. Funds are to be allocated from SEOPW Tax Increment Fund, "Professional Services - Other," Account Code No. 10050.920101.531000.0000.00000. City of Miami Page 1 of 2 File Id: 09-00034 (Version: 1) Printed On: 6/30/2022 File Number: 09-00034 Enactment Number: CRA-R-09-0010 Section 4. This Resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 09-00034 (Version: 1) Printed On: 6/30/2022