HomeMy WebLinkAboutCRA-R-10-0016 Legislation 10-26-09City of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.rniamigov.cam
Fife Number: 09-01191 Final Action hate:
A RESOLUTION OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY
REDEVELOPMENT AGENCY AUTHORIZING A GRANT, IN AN AMOUNT NOT TO
EXCEED $260,000, UNDER THE RENOVATION/TENANT IMPROVEMENT
GRANT INITIATIVE AUTHORIZED BY RESOLUTION NO. CRA-R-07-0034. TO
TWO GUYS RESTAURANT. INC. FOR THE DESIGN BUILD RENOVATION OF
THE COMMERCIAL SPACE AT THE CORNER OF N.W. 3RD AVENUE AND N.W.
14TH STREET, MIAMI, FLORIDA, FOR USE AS A RESTAURANT; AUTHORIZING
THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY
FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO GENERAL COUNSEL;
ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND, "OTHER
GRANTS AND AIDS,,' ACCOUNT CODE NO. 10050.920101.883000.0000.00000.
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, Section III.B., at page 13, of the 1982 Southeast Overtown/Park West Community
Redevelopment Plan, as amended, lists [providing b]etter employment opportunities and upward job
mobility for residents" and "[m]aintain[ing] existing business[es] and attract[ing] new business[es]° as
stated redevelopment objectives; and
WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-07-0034. passed and
adopted on July 30, 2007, authorized funding, in an amount not to exceed $500,000, for grants to
businesses in the vicinity of the CRA's 3rd Avenue Business Corridor for renovations and tenant
improvements; and
WHEREAS, Two Guys Restaurant, lnc. has entered a lease for a more suitable location for its
restaurant at the corner of N.W. 3rd Avenue and N.W. 14th Street. Miami, Florida, and is in need of
assistance for tenant improvements to the commercial space;
WHEREAS, the City of Miami's Department of Capital Improvement Programs ("CIP") has
agreed to provide the contractors for design and renovation of the commercial space; and
WHEREAS, the Board of Commissioners wishes to authorize expenditure of funds for the
design build renovation of the commercial space for use as a restaurant by Two Guys Restaurant,
Inc.;
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
City of Miami
Page 1 of 2 Printed On: 10/20/2009
File Number: 09-01191
by reference and incorporated herein as if fully set forth in this Section.
Section 2. A grant, in an amount not to exceed $260,000, under the Renovation/Tenant
Improvement Grant Initiative authorized by Resolution No. CRA-R-07-0034, to Two Guys Restaurant,
Inc. for the design build renovation of the commercial space at the corner of N.W. 3rd Avenue and
N.W. 14th Street, Miami, Florida, for use as a restaurant, is authorized.
Section 3. The Executive Director is authorized to execute all documents necessary for said
purpose, in a form acceptable to General Counsel.
Section 4. Funds to be allocated from SEOPW Tax Increment Fund, "Other Grants and Aids,"
Account Code No. 10050.920101.883000.0000.00000.
Section 5. This Resolution shall be come effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
JULIE O. BRU
GENERAL COUNSEL
City o f 3firutti
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