HomeMy WebLinkAboutCRA-R-09-0034 Cover Memo•
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SEOPW & Omni Boards of Commissioners Meeting
May 18, 2009
Item # 7
SOUTHEAST OVERTOWNIPARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To Board Chair Michelle Spence -Jones Date: May 8, 2009 File: 09-00528
and Members of the CRA Board
From: James H. Villacort
Executive Directo
Subject: Resolution Authorizing Expenditure of
Funds for Streetscape Improvements
Between N.W. 3rd and N.W. 1st Avenues,
and N.W. 10th and N.W. 14th Streets.
References:
Enclosures: Legislation
BACKGROUND:
It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community
Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing expenditure of funds, in
an amount not to exceed $1,800,000, far streetscape improvements between N.W. 3`d and N,W. 15t Avenues,
and N.W. 10th and N.W. 14th Streets.
The streets and sidewalks, in this area, have fallen into disrepair and are in need of improvement. The Board
previously authorized the expenditure of $50,000 with the City of Miami Capital Improvements Department
("CIP") for a preliminary engineering study of the upgrades necessary for these streets and sidewalks.
CIP has provided a preliminary cost estimate of $3,000,000 to construct streetscape improvements in this area.
This Resolution will allow CIP to proceed with the improvements by providing $1,800,000 of the required funding
and anticipates the balance will be included in the CRA's Fiscal Year 2010 budget.
JUSTIFICATION:
Section IV.C. 8., at Page 27, of the 1982 Southeast OvertownlPark West Community Redevelopment Plan, as
amended, lists "[u]pgrad[ing] the overall pedestrian environment through landscaping, widening of sidewalks, etc
..." as a recommended improvement. This Resolution carries out that objective.
FUNDING: $1,800,000 from SEOPW Tax Increment Fund, "Construction In Progress," Account Code No.
10050,920101.670000.0000.00000.