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HomeMy WebLinkAboutCRA-R-09-0039 Master ReportCity of Miami Master Report Enactment Number: CRA-R-09-0039 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 09-00739 Version: 1 File Type: CRA Resolution Status: Passed Reference: Controlling Body: SEOPW/OMNI Community Redevelopment Agencies File Name: Resolution of SEOPW CRA authorizing an expenditure of funds Introduced: 6/22/2009 for the interior build -out of 3 retail bays at New Arena Square Requester: Cost: Final Action: 6/29/2009 Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING EXPENDITURE OF FUNDS, IN AN AMOUNT NOT TO EXCEED $130,000, TO UNDERWRITE COSTS ASSOCIATED WITH THE INTERIOR BUILD -OUT OF THREE ADDITIONAL RETAIL BAYS AT NEW ARENA SQUARE, 271 N.W. 10TH STREET, MIAMI, FLORIDA PROVIDED THAT NEW ARENA SQUARE NORTH & SOUTH LTD. EXECUTES A RESTRICTIVE COVENANT LIMITING THE RENT CHARGED ON THE RETAIL SPACE TO $500 PER MONTH PER BAY, FOR A PERIOD OF FIVE YEARS; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. Sponsors: Notes: Indexes: Attachments: Cover Memo.pdf,Financial Form.pdf,Back up.pdf,Legislation.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 1 CRA General Counsel 6/24/2009 Reviewed and Approved 1 SEOPW/OMNI 6/29/2009 ADOPTED Pass Community Redevelopment Agencies City of Miami Page 1 Printed on 6/28/2022