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HomeMy WebLinkAboutCRA-R-11-0033City of Miami Legislation CRA Resolution: CRA-R-11-0033 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00553 Final Action Date: 6/27/2011 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING A GRANT IN AN AMOUNT NOT TO EXCEED $80,797.54 TO CITY HALL THE RESTAURANT, LLC TO UNDERWRITE COSTS ASSOCIATED WITH THE INSTALLATION OF A 12" WATER LINE ALONG NE 20TH STREET, INCLUDING PERMITS AND ENGINEERING AND CONTRACTOR FEES ; 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 OMNI - CRA TAX INCREMENT FUND, "OTHER GRANTS AND AIDS" ACCOUNT CODE NO.10040.920101.670000.0000.00000 . 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, City Hall The Restaurant, LLC submitted a proposal to underwrite costs associated with the installation of a 12" water line along NE 20th Street for the City Hall The Restaurant located at 2004 Biscayne Blvd. to comply with Miami Dade Water and Sewer Department requirements, including permits and engineering and contractor fees; and WHEREAS, the installation of the 12" water line was part of a larger capital project that the CRA intended to undertake and will provide capacity for future development projects along NE 20th Street; and WHEREAS, the owners of City Hall The Restaurant have invested more than $1,500,000.00, and upon completion of the Build -out of the restaurant, the owners anticipate the creation of approximately 50 new jobs; and WHEREAS, the Board of Commissioners wishes to authorize a grant, in the amount not to exceed $ 80,797.54 to City Hall the Restaurant, LLC to underwrite costs associated with the items listed in Exhibit "A" attached. 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. City of Miami Page 1 of 2 File Id: 11-00553 (Version: 2) Printed On: 11/17/2022 File Number: 11-00553 Enactment Number: CRA-R-11-0033 Section 2. A grant in the amount not to exceed $80,797.54, to City Hall The Restaurant, LLC to underwrite costs associated with the installation of a 12" water line along NE 20th Street for the City Hall The Restaurant located at 2004 Biscayne Blvd. to comply with Miami Dade Water and Sewer Department requirements, including permits and engineering and contractor fees is authorized. Section 3. The Executive Director is authorized, at his discretion, to disburse the grant on a reimbursement basis or directly to the 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 are to be allocated from OMNI - CRATax Increment Fund, "other Grants and Aids" Account Code No. 10040.920101.670000.0000.00000. Section 6. This resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 11-00553 (Version: 2) Printed On: 11/17/2022