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HomeMy WebLinkAboutCRA-R-10-0077 Legislation 9-27-2010City of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 10-01162 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE TRANSFER OF FUNDS, IN AN AMOUNT NOT TO EXCEED $5,991,000, TO THE CITY OF MIAMI, FOR THE REIMBURSEMENT OF EXPENSES INCURRED FOR THE DESIGN OF THE MUSEUM PARK PROJECT, 13-30538; AUTHORIZING THE EXECUTIVE DIRECTOR TO TRANSFER FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FURTHER AUTHORIZING THE EXECUTION OF ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM OMNI TAX INCREMENT FUND, "INTERFUND TRANSFER," ACCOUNT CODE NO. 10040.920101.891000.0000.00000. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, in an Interlocal Cooperation Agreement dated December .311, 2007 ("Global Agreement"), entered into by the CRA, the City of Miami ("City"), and Miami -Dade County ("County"), the CRA agreed to amend the redevelopment plan to include the Museum Park .project; and WHEREAS, in the Global Agreement, the CRA further agreed to expand its then existing boundaries to include Bicentennial Park for the purpose of allowing tax increment funds to finance the Museum Park project; and WHEREAS, pursuant to City Resolution No. R-08-0406, passed and adopted by the Miami City Commission on July 10, 2008, the City contracted with Cooper, Robertson and Partners, LLP ("Architect") for professional architectural and engineering services for the Museum Park project, in an amount not to exceed $5,991,000; and WHEREAS, the Architect performed its architectural and engineering services before Bicentennial Park was included in the boundaries of the Omni redevelopment area; and WHEREAS, the City of Miami, through an alternative funding source, advanced a total of $4,395,331.71 for design project related services rendered; and WHEREAS, the City now requests reimbursement for expenses incurred for the Architect's design services for the Museum Park project; and WHEREAS, Section 4.4, D., at page 42, of the 2009 Omni Redevelopment Plan lists "[c]reat[ing] opportunities for new development through improvements to the public realm" and the City ofMiami Page I of 2 File ld: 10-01162 (Version: 1) Printed On: 9/24/2010 File Number. 10-01162 "[elimination of] conditions which contribute to blight" as stated redevelopment objectives; and WHEREAS, Section 5, at page 54, of the 2009 Omni Redevelopment Plan lists the Museum Park project as a high priority, and states that the CRA's support of the project shall include design; and WHEREAS, the Board of Commissioners wishes to authorize a payment to the City, in an amount not to exceed $5,991,000, for the reimbursement of expenses incurred for the design of the Museum Park project; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MAW, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The transfer of funds, in an amount not to exceed $5,991,000, to the City of Miami, for the reimbursement of expenses incurred for the design of the Museum Park project, B-30538, is authorized. Section 3. The Executive Director is authorized to transfer funds, at his discretion, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation. Section 4. The Executive Director is authorized to execute all documents necessary for said purpose, in a form acceptable to General Counsel. Section 5. Funds to be allocated from Omni Tax Increment Fund, interfund Transfer," Account Code No. 10040.920101.891000.0000.00000. Section 6. This resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU GENERAL COUNSEL City of Miami Page 2 of2 Fife Id: 10-01162 (Version: Il Printed On: 9/24/2010