HomeMy WebLinkAboutCRA-R-09-0043 Cover Memo August 6, 2009 SEOPW & Omni Agenda MeetingSEOPW & Omni Boards of Commissioners Meeting
August 6, 2009
Item # 4
SOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones Date: July 30, 2009 File: 09-00822
and Members of the CRA Board
From: James H. Villacort
Executive Director
Subject: Resolution Authorizing 2145-47
N.W. LLC to Receive the Benefit of the
CRA's Expenditure on the interior
Build -out of the Commercial Space at
1035 N.W. 3rd Avenue, Miami, Florida
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 2145-47 N.W. LLC to
receive the benefit of the CRA's expenditure on the interior build -out of the commercial space at 1035 N.W. 3rd
avenue, Miami, Florida.
The Board of Commissioners, by Resolution No. CRA-07-0051, passed and adopted on December 12, 2007,
authorized a grant, in an amount not to exceed $35,095, to James Forbes d/b/a "Forbes Photography" for the
interior build -out of the commercial space at 1035 N.W. 3rd Avenue, Miami, Florida ("Project"). On January 11,
2008, the CRA and Mr. Forbes entered into a grant agreement setting forth the terms and conditions of the grant
("grant agreement"). Once the CRA completed the Project, Mr. Forbes informed the CRA that he was unable to
meet the financial obligations of operating a storefront business. The Board of Commissioners, by Resolution
No. CRA-R-09-0025, passed and adopted on April 27, 2009, accepted Mr. Forbes' request to terminate the
grant agreement for build out of the commercial space.
The CRA has advertised the availability of the commercial space at 1035 N.W. 3rd Avenue, Miami, Florida, and
2145-47 N.W. LLC wishes to occupy the commercial space and operate a dry cleaning and laundry business.
JUSTIFICATION
Section III. B, at page 13, of the 1982 Southeast Overtown/Park West Plan, as amended, lists maintaining
existing businesses, attracting new businesses, and providing better employment opportunities as stated
redevelopment objectives. This Resolution furthers those objectives.
FUNDING
$ 35,095 from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No.
10050.920101.883000.0000.00000.