HomeMy WebLinkAboutCRA-R-11-0006 01-31-2011 Legislation (Signed)City 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
Page 1 of 3 File Id: 11-00041 (Version: 1) Printed On: 1/12/2011
File Number., 11-00041
including parking faVci|iti83. outdoor uDnCed3' o drive-in theatre, 8 b3rm8/G nl8d\et' and o
miDi'GkekebO8ndp8[h; and
WHEREAS, the proposed inlpn]v8nn8nts also include the installation Of 8 pedestrian -friendly
tree canopy and green area along North Miami Avenue, and the establishment of an aesthetically
pleasing Sto[nn'vvGt8r management system around the Arena Site as part of sustainable StpaDtscRpe
initiative; and
WHEREAS, Grantee seeks financial support from the CRAtDunderwrite aportion Ofthe costs
associated with the construction of the proposed improvements at the Arena Site; and
WHEREAS, as GCondidon precedent to the iGGUGOC8 of the g[oOt. Grantee shall execute 8
|8oGa agreement with the oBCOrd owner Of the Arena Site, in a form [aeaonob|y satisfactory to the
Executive Di[S[tOr, which will allow for Grantee's proposed use Ufthe Arena Site; and
WHEREAS, 8sanadditional condition precedent, Grantee shall obtain all necessary approvals
from the City Oy Miami; and
WHEREAS, the Board ofCommissioners wishes to authorize the issuance of aguant. in an
amount not to exceed $200'000' to [)nnni Park West Redevelopment Association, Inc. to underwrite 8
portion of the costs associated with the construction of a multi -use outdoor festival space at the Arena
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF CDMN1|G8|C)NERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Pnaonlb|e to this Resolution are adopted
by reference and incorporated herein as if fully set forth in this Section.
Section 2. The issuance of agront, in an amount not to exceed $200,000. to Omni Park West
Redevelopment Association, Inc. ("Grantee") to underwrite G portion of the costs 8saOCi818d with the
construction of @ multi -use outdoor festival Gp8c8' |0C8t8d at 700 Northwest First Avenue, Miami,
Florida ("Arena Site"), is authorized.
O9Cd0n 3. Grantee shall, as conditions precedent to issuance ofsaid grant, (a) execute '@ lease
agreement with the owner of record Of the Arena Site for the use of the Arena Site, in a form
reasonably satisfactory tOthe EXeCUUV8 0[8[to[; and /b\ obtain all DBC8SS8ry 8ppn]v8|S/pe[nn|to from
the City of K4i8nni.
Section 4. The Executive Oi[8CtOr is 8LkhV[izBd to disburse the grant, at his diGCreUOD' on a
nainObU[S8[nert basis or directly to voOdOro' Upon presentation of iOvOiC9S and satisfactory
documentation.
S8CUOD5. The Executive Oi[8Ct0[ is authorized to execute all dOCUDlentG O8C8SGRry for said
purpose, in a form acceptable to General Counsel.
SecUnnG. Funds to be allocated from 8EC}PVVTax Increment Fund' "Other Grants and Aids,"
Account Code No. 10050.820101.883000.0000.00000.
City oyMiami Page zpyJ File Id: 11-V004}(Versioo//)Printed On: J11212V/
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
City of Miami Page 3 of 3 File Id: 11-00041 (Version: 1) Printed On: 1/12/2011