HomeMy WebLinkAboutCRA-R-10-0098 11-29-2010 Legislation (Signed)��.�*«��� ��.����.
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Legislation
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U��n U��K� ��� ��CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL3O133
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File Number: 10-01318 Final Action Date:
ARESOLUTION OFTHE BOARD (JFCOMMISSIONERS OFTHE SOUTHEAST
C)VERTOVVN/PARKWEST COMMUNITY REDEVELOPMENT AGENCY
RATIFYING THE EXPENDITURE {)FFUNDS, |NANAMOUNT NOT TOEXCEED
$12,540.03'FC)R THE PAYMENT {}F2O1OADVALOREM TAXES ONTHE
PROPERTY XF12O1N.VV.3ROAVENUE, K8|AK8|,FLORIDA; ALLOCATING FUNDS
FROM SE[)PVVTAX INCREMENT FUND, "OTHER CURRENT CHARGEG'"
ACCOUNT CODE NO. 1OO5O.S2U1D1.549O0O.0ODO.OD000.
VVHEREA8'theSoutheaotC}warknwn/PorhVVe*tComnnunhvRedeve|opnnentAoenoy(^[|AA")ia
responsible for carrying out community redevelopment activities and projects within its Redevelopment
Area inaccordance with its approved Redevelopment Plan; and
WHEREAS, the CRApurchased the property at 1201 N.VV 3rdAvenue, Miami, Florida, for
redevelopment purposes; and
WHEREAS, the property now contains two commercial tenants, from whom the CRA receives
approximately $24'000annually in rent; and
WHEREAS,'the property's ounerk use is ataxob|e use, and the CRA must pay property taxes
to maintain clear title; and
WHEREAS, the emdv payment of ad valorem taxes, no later than November 30' 2010' will
allow the CRA to take advantage of available discounts; and
WHEREAS, the Board nfCommissioners wishes 8zauthorize the expenditure offunds, in an
amount not to exceed $12,540.03, for the payment of 2010 ad valorem taxes on the property at 1201
N.W. 3rd Avenue, Miami, Florida;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF CO[NK8|GG|ONERG OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The naoito|a 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 expenditure of funds, in an 8nnOVrt not to exceed S12'540.03' for the payment
of 2010 ad valorem taxes on the property at 1201 Northwest Third Avenue, Miami, Florida, is ratified.
Section 3. Funds to be allocated from 8EOPVV Tax Increment Fund, "Other Current Charges,"
Account Code No. 1OO5O.9201O1.5490OU.OUDO.0000O.
Section 4. This resolution shall become effective immediately upon its adoption.
City vyMiami Page /vy2 File Id: }0-01J2V(vtrsioo:/)Printed On: //11612VJV
File Number: 10-01318
APPROVED AS TO FORM AND CORRECTNESS:
JULIE 0. BRU
GENERAL COUNSEL
City of Miami Page 2 of 2 File Id: 10-01318 (Version: 1) Printed On: 11/16/2010