HomeMy WebLinkAboutCRA-R-11-0013 02-28-2011 Legislation (Version 2)City of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 11-00172 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA")
AUTHORIZING THE ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED
$1,143,000, TO THE CITY OF MIAMI TO AID IN ITS MATCHING FUNDS
OBLIGATION UNDER THE FLORIDA INLAND NAVIGATION DISTRICT ("FIND")
GRANT FOR IMPROVEMENTS TO THE BAYWALK AT MUSEUM PARK;
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 EXECUTION OF ALL DOCUMENTS NECESSARY
FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO GENERAL COUNSEL;
ALLOCATING FUNDS FROM OMNI TAX INCREMENT FUND, "OTHER GRANTS
AND AIDS," ACCOUNT CODE NO. 10040.920101.863000.0000.00000.
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 31, 2007 ("Global
Agreement"), entered into by the CRA, the City of Miami ("City"), and Miami -Dade 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, 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
construction; and
WHEREAS, the City wishes to improve the Baywalk at Museum Park by extending the
walkway, and installing lighting, benches, trash receptors and decorative pavers; and
WHEREAS, the City will apply for a grant from the Florida Inland Navigation District ("FIND
Grant"), which will require the City to match fifty (50%) percent of the total project; and
WHEREAS, the City now requests financial assistance for its matching funds obligation under
the FIND Grant; and
WHEREAS, the Board of Commissioners wishes to authorize the issuance of a grant, in an
amount not to exceed $1,143,000, to the City to aid in its matching funds obligation under the FIND
Grant for improvements to the Baywalk at Museum Park; and
City of Miami
Page I of 2 File Id: 11-00172 (Version: 2) Printed On: 2/23/2011
SUBMITTED INTO THE
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WHEREAS, the issuance of the grant to the City is contingent upon the City's receipt of the
FIND Grant;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
OMNI REDEVELOPMENT DISTRICT 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 One Million One Hundred
Forty-three Thousand and No/100 Dollars ($1,143,000.00), to the City of Miami to aid in its
improvements to the Baywalk at Museum Park, is authorized.
Section 3. The Executive Director is authorized to disburse 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, "Other Grants and Aids,"
Account Code No. 10040.920101.883000.0000.00000.
Section 6. This resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
JULIE 0. BRU
GENERAL COUNSEL
City of Miami
Page 2 of 2 File Id: 11-00172 (Version: 2) Printed On: 2/23/2011