HomeMy WebLinkAboutCRA-R-11-0047 10-24-2011 Cover MemoSEOPVVBoard ofCommissioners Meeting
October 24.2O11
SOUTHEAST {}VERTOVVN/P4RKWEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones
and Members of the CRA Board
From: Pieter A.Bookwog
Executive Director
/Z�
Date: October 17.2011 Fi|e:11'U0857
Subject: Resolution Authorizing Funding for the Raphd
ofCRAowned Lyric Plaza and Block 36
References:
Enclosures: Legislation
BACKGROUND:
It is recommended that the Board of Commissioners of the Southeast West Community
Redevelopment Agency �CRA^> approve and adopt the attached Resolution authorizing the poyment, in an
amount not hoexceed - � FiftyThousand Dollars /$50.OU0>.tounderwrite costs for ourveying/unginemring.and legal
fees associated with thenap|et of the CF�\ �owned Lyric Theatre Plaza and Block 36 in Ovartown, for the
development and expansion nfthe Lyric Theatre.
JUSTIFICATION:
The nep|et of Lyric Theatre Plaza and Block 30 is required to prepare the block for the development and
expansion of the Lyric Theatre. The preservation of hiobzho buildings such as the Lyric Theatre is a ahabod
objective of the Southeast Overbown/ParhVVont Redevelopment Plan.
Pursuant to Florida Statute Chapter 183.370(2)(c)(0> and 163.370(2)(u)(7) the CRA may acquire neo| property
within the community redevelopment area which, under the community redevelopment p|an, is to be repaired or
rehabilitate with the' purpose of eliminating obsolete or other uses of the property detrimental to the public
vve|hana. lessen denaity, or otherwise remove or prevent the spread ofblight or dmterionaUnn, or to provide land
for needed public facilities.
Pursuant to Florida Statute Chapter 183370(2)(h>. the CRAmoy make orhave made all surveys and plans
necessary.
In addition, pursuant to Florida Statute Chapbar103.37O(2)(m>. the CRA may plan or replan ntreets, roadn,
aidewo|ko, and ways.
This Resolution carries out these objectives.
FUNDING: $5O.0OOfrom SEOPVVTax Increment Fund, Account Code No. 10050.920101.531000.0000-00000.