HomeMy WebLinkAboutCRA-R-11-0034City of Miami
Legislation
CRA Resolution: CRA-R-11-0034
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 11-00549 Final Action Date: 7/25/2011
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
$670,000, TO MTZ CARVER LLC TO UNDERWRITE COSTS ASSOCIATED WITH
DEMOLITION WORK, STRUCTURAL AND INTERIOR FRAMING, INSTALLATION
OF PLUMBING AND HVAC SYSTEMS, ELECTRICAL REWIRING, CABINETRY,
ASBESTOS ABATEMENT, AND LANDSCAPING AT THE GROUND FLOOR
COMMERCIAL UNITS AT 801 NW 3RD AVENUE, MIAMI, FLORIDA; AUTHORIZING
THE EXECUTIVE DIRECTOR, AT HIS DISCRETION, TO DISBURSE THE GRANT
ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON
PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION;
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE 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, page 11, of the 2009 amended and restated Southeast Overtown/Park West Community
Redevelopment Plan lists "[c]reating jobs within the community;" and [i]mproving the quality of life for
residents of the Redevelopment Area;" as stated redevelopment objectives; and
WHEREAS, MTZ Carver LLC ("MTZ") submitted a proposal for a grant to underwrite costs
associated with the redevelopment of the property at 801 NW 3rd Avenue, Miami, Florida (the "Carver
Project" or "Property") which consists of the rehabilitation of approximately 3,900 square feet of
commercial space, and ten (10) residential units; and
WHEREAS, MTZ has invested in excess of $191,000, and has secured additional funding in
the amount of $1.12 million to fund the rehabilitation of the ten (10) affordable apartment rental units
at the Property (the "Residential Project Phase"); and
WHEREAS, MTZ proposes to use the grant to cover the cost of demolition work, structural
and interior framing, installation of plumbing and HVAC systems, electrical rewiring, cabinetry,
asbestos abatement, and landscaping; associated with the complete rehabilitation of the ground floor
commercial units (the "Commercial Project Phase") and a portion of the Residential Project Phase;
and
WHEREAS, upon completion of the Commercial Project Phase, MTZ anticipates the creation
of four (4) new jobs within it organization, and approximately twenty-four (24) new jobs from
City of Miami Page 1 of 2 File Id: 11-00549 (Version: 11 Printed On: 11/14/2022
File Number: 11-00549 Enactment Number: CRA-R-11-0034
prospective commercial tenants of the Carver Project; and
WHEREAS, the funding secured for the Residential Project Phase is restricted by use by the
various funds and can only be used towards the rehab of units designated for residential use at the
Property; and
WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to
exceed $670,000, to MTZ to underwrite costs associated with the demolition work, structural and
interior framing, installation of plumbing and HVAC systems, electrical rewiring, cabinetry, asbestos
abatement, and landscaping for the Commercial Project Phase, and a portion of the Residential
Project Phases.
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. A grant, in an amount not to exceed $670,000, to MTZ Carver LLC to
underwrite costs associated with demolition work, structural and interior framing, installation of
plumbing and HVAC systems, electrical rewiring, cabinetry, asbestos abatement, and landscaping, of
the commercial and residential units at 801 NW 3rd Avenue, Miami, Florida, is authorized.
Section 3. The Executive Director is authorized, at his discretion, to disburse the grant 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 SEOPW Tax Increment Fund, "Other Grants and
Aids," Account Code No. 10050.920101.883000.0000.00000.
Section 6. This resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 11-00549 (Version: 1) Printed On: 11/14/2022