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HomeMy WebLinkAboutCRA-R-09-0012 Cover MemoSEOPW & Omni Boards of Commissioners Meeting February 23, 2009 Item # 3 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones and Members of the CRA Board From: James H. Villacorta Executive Director Date: February 13, 2009 File: 08-01328 Subject: Resolution Authorizing a Grant to the City of Miami for Renovation of Gibson Park. References: Enclosures: Supporting Documentation; Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast/Overtown Park West Community Redevelopment Agency approve and adopt the attached Resolution authorizing a grant, in an amount not to exceed $1,000,000, to the City of Miami for renovation of Gibson Park, at 401 N.W. 12th Street, Miami, Florida ("Gibson Park"). The City of Miami's Department of Capital Improvements Program ("CIP") has requested assistance in funding the renovation of Gibson Park. The renovation includes: (1) a community center and an aquatics center; (2) sports field improvements; (3) landscape improvements; and (4) park amenities, including a children's play area, a perimeter walking trail and parking. CIP has agreed to manage the design and construction of the park. JUSTIFICATION: Section IV.D, at page 31, of the Plan provides that "[t]he provision of adequate community facilities and services is essential in order to complement redevelopment activities proposed for Overtown ... FUNDING: $1,000,000 from SEOPW Tax Increment Fund, "Construction in Progress," Account Code No. 10050.920101.670000.0000.00000. •