HomeMy WebLinkAboutCRA-R-11-0033 06-27-2011 Cover MemoOmni Board of Commissione, Meeting
June 27.2O11
OK4N|REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Marc D.Gomoff
and Members of the CRA Board
From: P|ebarA.Bockvve,g
Executive Director
Subject: City Hall The Restaurant, LLC—Approval nf
grant request for capital improvements
directly related to the installation of 12"
References:
Enclosures: Supporting Dpcumonbabnn;LegkdaUon
BACKGROUND:
It is recommended that the Board of Commissioners of the Omni Redevelopment District Community
Redevelopment Agency ("CRA")approve and adopt the attached Resolution authorizing the issuance
of a grant, in amount not to exceed $ 80,797.54, to City Hall The Restaurant, ILLC for capital
improvements directly related tothe installation ofa12"waterline.
The funding request to the CRArepresents approximately @96 ofthe estimated $1.4million project
budge1.ond these proceeds will baused toreimburse the Applicant/Owner for installation of,onew
13"vvatediOe to comply with Miami -Dade Water and Sewer Department requirements.
For reference, the CRA as part of its capital program has funded the implementation of numerous
waterline upgrades throughout the Omni area including the one that has been installed by the City
Ho|| Restaurant.
Sections E].3&C).5.onpage 41,ofthe {JK8N|Redevelopment Plan lists the creation for osustainable
regional destination and identify by capitalizing on the development of the Adrienne /\[ahtCenter and
the Media/Entertainment District.
This waterline installation supports the infrastructure in the area not only for the City Hall The
Reatourant. LLQ; but for any future development projects that occurs along NE 20"' Street.
The CRA had already planned for the installation of this waterline as pert of m larger capital project in
the C]nnni area. The CRA (JrnUi waterline project has received board approval and a funding
allocation in the amount of$5 million. CurrenUy, the project design has been 100% completed and is
being processed for plan review and permit. The project is anticipated to go out to bid in August.
FUNDING:
$ 80.707.54 from the OyWN| lax Increment Fund. "Other Grants and Aids", Account Code No.
10040.820101.883000.0000-0000