HomeMy WebLinkAboutCRA-R-11-0006 01-24-2011 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 11-00041 Final Action Date:
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
$200,000, TO OMNI PARK WEST REDEVELOPMENT ASSOCIATION, INC.
("GRANTEE") TO UNDERWRITE A PORTION OF THE COSTS ASSOCIATED
WITH THE CONSTRUCTION OF A MULTI -USE OUTDOOR FESTIVAL SPACE,
LOCATED AT 700 N.W. 1ST AVENUE, MIAMI, FLORIDA ("ARENA SITE");
REQUIRING GRANTEE (A) TO EXECUTE A LEASE AGREEMENT WITH THE
OWNER OF RECORD FOR THE USE OF THE ARENA SITE IN A FORM
REASONABLY SATISFACTORY TO THE EXECUTIVE DIRECTOR, AND (B) TO
OBTAIN ALL NECESSARY CITY OF MIAMI APPROVALS/PERMITS, AS
CONDITIONS PRECEDENT TO THE ISSUANCE OF THE GRANT; AUTHORIZING
THE EXECUTIVE DIRECTOR TO DISBURSE THE GRANT, 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 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 its Redevelopment
Area in accordance with its approved Redevelopment Plan; and
WHEREAS, Section 2, Goal 6/Principle 5, at pages 11 and 14, of the 2009 Southeast
Overtown/Park West Redevelopment Plan lists "[i]mproving the quality of life for residents," and that
"[walking] within the neighborhood must be ... pleasant," as stated redevelopment goals; and
WHEREAS, Section 2, Goal 2/Principle 11, at pages 11 and 16, of the 2009 Southeast
Overtown/Park West Redevelopment Plan lists "[e]xpanding the tax base using smart growth
principles," and the encouragement of 24-hour environments to serve as "... a catalyst for economic
vitality and attracting businesses and residents," as stated redevelopment goals; and
WHEREAS, the property located at 700 N.W. 1st Avenue, Miami, Florida ("Arena Site") is the
former location of the Miami Arena, and now sits as vacant land within the Park West section of the
Redevelopment Area; and
WHEREAS, the Arena Site, in its current state, is a blighting condition within the Park West
section of the Redevelopment Area; and
WHEREAS, Omni Park West Redevelopment Association, Inc. ("Grantee") proposes to
construct a self-financing, multi -use space on the Arena Site which will provide community services,
City of Miami
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File Number: 11-00041
including parking facilities, outdoor concerts, a drive-in theatre, a farmer's market, and a
mini -skateboard park; and
WHEREAS, the proposed improvements also include the installation of a pedestrian -friendly
tree canopy and green area along North Miami Avenue, and the establishment of an aesthetically
pleasing storm -water management system around the Arena Site as part of a sustainable streetscape
initiative; and
WHEREAS, Grantee seeks financial support from the CRA to underwrite a portion of the costs
associated with the construction of the proposed improvements at the Arena Site; and
WHEREAS, as a condition precedent to the issuance of the grant, Grantee shall execute a
lease agreement with the record owner of the Arena Site, in a form reasonably satisfactory to the
Executive Director, which will allow for Grantee's proposed use of the Arena Site; and
WHEREAS, as an additional condition precedent, Grantee shall obtain all necessary approvals
from the City of Miami; and
WHEREAS, the Board of Commissioners wishes to authorize the issuance of a grant, in an
amount not to exceed $200,000, to Omni Park West Redevelopment Association, Inc. to underwrite a
portion of the costs associated with the construction of a multi -use outdoor festival space at the Arena
Site;
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
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 $200,000, to Omni Park West
Redevelopment Association, Inc. ("Grantee") to underwrite a portion of the costs associated with the
construction of a multi -use outdoor festival space, located at 700 Northwest First Avenue, Miami,
Florida ("Arena Site"), is authorized.
Section 3. Grantee shall, as conditions precedent to issuance of said grant, (a) execute a lease
agreement with the owner of record of the Arena Site for the use of the Arena Site, in a form
reasonably satisfactory to the Executive Director; and (b) obtain all necessary approvals/permits from
the City of Miami.
Section 4. The Executive Director is authorized to disburse the grant, at his discretion, on a
reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory
documentation.
Section 5. The Executive Director is authorized to execute all documents necessary for said
purpose, in a form acceptable to General Counsel.
Section 6. Funds to be allocated from SEOPW Tax Increment Fund, "Other Grants and Aids,"
Account Code No. 10050.920101.883000.0000.00000.
City of Miami
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File Number: 11-00041
Section 7. This resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
JULIE O. BRU
GENERAL COUNSEL
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