HomeMy WebLinkAboutCRA-R-11-0043 07-28-2011 Signed LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 11-00674
Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA")
AUTHORIZING THE EXECUTIVE DIRECTOR TO ALLOCATE FUNDS IN THE
AMOUNT OF $1,087,268.00 FROM THE SALE TO FLORIDA DEPARTMENT OF
TRANSPORTATION OF A PORTION OF THE CRA OWNED MIAMI
ENTERTAINMENT COMPLEX ("MEC") PROPERTY, LOCATED AT 29
NORTHWEST 13TH STREET, MIAMI, FLORIDA, FOR THE PLANNING, DESIGN,
CONSTRUCTION, AND DEVELOPMENT OF THE MEC STUDIO.
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, the CRA purchased the former SKILL'S Building from the Miami -Dade County
School Board with the intent to build a state of the art film and entertainment complex to provide the
film production companies with a facility in Miami for productions, editing and distribution of
entertainment productions to different markets. The present need for a film and sound stage is
adherent, already in Miami, several TV series like Burn Notice, Charlie's Angels, The Glades and
others are filming in South Florida and taking advantage of the State of Florida's tax Incentives for the
next five ( 5 ) years; and
WHEREAS, the development of the Miami Entertainment Complex ("MEC") Studio supports
the objectives, pursuant to the CRA's Redevelopment Plan, B-3, B-4 and B-5, of creating economic
magnets to draw more businesses to the Omni area to compliment established activities, to promote
the concentration of similar business activities that reinforce each other and improve the are -wide
economic climate, and the creation of employment opportunities; and
WHEREAS, the CRA developed the MEC Report, which supports the development of a film
studio at the MEC.
WHEREAS, the CRA received $1,087,268.00 from the Florida Department of Transportation
from the sale of a portion of the MEC property, located at 29 Northwest 13th Street, Miami, Florida,
see attached Exhibit "A;"and
WHEREAS, the State of Florida has provided the film industries with production tax credit
initiatives of over $242,000,000.00, over a five (5) year period; and
WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to allocate
the funds obtained from the sale of a portion of the MEC property, in the amount of $1,087,268.00;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF
City of Miami Page 1 of 2 File Id: 11-00674 (Version: 1) Printed On: 7/20/2011
File Number: 11-00674
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 Executive Director is authorized to allocate funds, in the amount of
$1,087,268.00, for the planning, design, construction and development of the MEC Studio.
Section 3. These funds so allocated are from the sale to Florida Department of
Transportation of a portion of the CRA owned (MEC) property, located at 29 NW 13th Street, Miami,
Florida.
Section 4. The Executive Director is authorized to execute all documents necessary for
said purpose, in a form acceptable to General Counsel.
Section 5. This resolution shall become effective immediately upon its adoption .
APPROVED AS TO FORM AND CORRECTNESS:
JULIE O. BRU
GENERAL COUNSEL
City of Miami Page 2 of 2 File Id: 11-00674 (Version: 1) Printed On: 7/20/2011