HomeMy WebLinkAboutCRA-R-10-0074 Master ReportCity of Miami
Master Report
Enactment Number: CRA-R-10-0074
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 10-01085
File Type: CRA Resolution Status: Passed
Version: 2 Reference:
Controlling Body: OMNI Community
Redevelopment
Agency
File Name: Resolution Authorizing a Grant to the City of Miami to Assist in Introduced: 9/7/2010
the Payment of its Annual Facility Fee for Letter of Credit, re:
Miami Port Tunnel
Requester: Cost: Final Action: 9/20/2010
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT
DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE ISSUANCE OF A
GRANT, IN AN AMOUNT NOT TO EXCEED $160,000, TO THE CITY OF MIAMI, TO ASSIST IN
THE PAYMENT OF ITS ANNUAL FACILITY FEE FOR A $50 MILLION IRREVOCABLE
STANDBY LETTER OF CREDIT FROM WELL FARGO BANK, N.A., OBTAINED FOR THE
MIAMI PORT TUNNEL PROJECT; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE
FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS,
UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY
FOR SAID PURPOSE, IN FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS
FROM OMNI TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO.
10040.920101.883000.0000.00000.
Sponsors:
Notes:
Indexes:
Attachments: File # 10-01085 Cover Memo 09-20-2010.pdf,File # 10-01085 Financials 09-20-2010.pdf,File #
10-01085 Backup 09-20-2010.pdf,File # 10-01085 Legislation 09-20-2010.pdf,File 10-01085
09-20-2010 Legislation (Version 2).pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
2 OMNI Community 9/20/2010 ADOPTED WITH Pass
Redevelopment Agency MODIFICATIONS
2 CRA General Counsel 12/22/2011 Reviewed and
Approved
City of Miami Page 1 Printed on 12/15/2022