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HomeMy WebLinkAboutCRA-R-10-0027City of Miami Legislation CRA Resolution: CRA-R-10-0027 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 10-00535 Final Action Date: 4/26/2010 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED $325,000, TO THE DOWNTOWN MIAMI PARTNERSHIP FOR ITS "WRAP -AROUND BUILDING REHAB PROGRAM," TO ASSIST WITH IMPROVEMENTS TO RESIDENTIAL AND COMMERCIAL PROPERTIES WITHIN THE REDEVELOPMENT AREA; 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 redevelopment activities and projects within the Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, Principle 6, on page 45 of the 2009 Southeast Overtown/Park West Community Redevelopment Plan lists ". . . the support and enhancement of existing businesses and local entrepreneurs and the attraction of new businesses that provide needed services and economic opportunities" as a stated redevelopment principle; and WHEREAS, Principle 10, on page 16 of the 2009 Southeast Overtown/Park West Community Redevelopment Plan lists "[s]treets and building must be attractive" as a stated redevelopment principle; and WHEREAS, these various improvements remain with property and are directly related to the opening of a new business, improving an existing business, remedying code violations, providing ADA access, and eliminating blighting neighborhood conditions in the Redevelopment Area; and WHEREAS, the CRA has identified various residential and commercial properties within the Redevelopment Area that are eligible to participate in Downtown Miami Partnership's ("DMP") "Wrap -Around Rehab Program;" and WHEREAS, the Board of Commissioners wishes to authorize a grant to DMP for its "Wrap -Around Building Rehab Program," to assist with improvements to residential and commercial properties within the Redevelopment Area; 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 File Id: 10-00535 (Version: 1) Printed On: 12/20/2022 File Number: 10-00535 Enactment Nimmber: CRA-R-10-0027 by reference and incorporated herein as if fully set forth in this Section. Section 2. The issuance of a grant, in an amount not to exceed $325,000, to the Downtown Miami Partnership for its "Wrap -Around Building Rehab Program," to assist with improvements to residential and commercial properties within the Redevelopment Area, 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 are 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 become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 10-00535 (Version: 1) Printed On: 12/20/2022