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HomeMy WebLinkAboutCRA-R-11-0047 10-24-2011 Signed LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00957 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING AN AMOUNT NOT TO EXCEED FIFTY THOUSAND DOLLARS ($50,000), TO UNDERWRITE COSTS ASSOCIATED WITH SURVEYING/ENGINEERING AND LEGAL FEES TO REPLAT THE CRA-OWNED LYRIC THEATRE PLAZA AND BLOCK 36 IN OVERTOWN; ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND, ACCOUNT CODE NO. 10050.920101.531000.0000.00000. 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, the survey and replat of Lyric Theatre Plaza and Block 36 in Overtown is required to prepare the block for development, including expansion of the Lyric Theater; and WHEREAS, the preservation of historic buildings such as the Lyric Theatre is a stated objective of the Southeast Overtown/Park West Redevelopment Plan; and WHEREAS, pursuant to Florida Statute Chapter 163.370(2)(c)(6) and 163.370(2)(c)(7) the CRA may acquire real property within the community redevelopment area which , under the community redevelopment plan, is to be repaired or rehabilitate with the purpose of eliminating obsolete or other uses of the property detrimental to the public welfare, lessen density, or otherwise remove or prevent the spread of blight or deterioration, or to provide land for needed public facilities; and WHEREAS, pursuant to Florida Statute Chapter 163.370(2)(h), the CRA may make or have made all surveys and plans necessary; and WHEREAS, pursuant to Florida Statute Chapter 163.370(2)(m), the CRA may plan or replan streets, roads, sidewalks, and ways; and WHEREAS, the Board of Commissioners wishes to authorize the expenditure to underwrite costs associated with surveying/engineering, and legal fees for the and replat of Lyric Theatre Plaza and Block 36 in Overtown, in an amount not to exceed Fifty Thousand Dollars ($50,000); 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. City of Miami Page 1 of 2 File Id: 11-00957 (Version: 1) Printed On: 10/12/2011 File Number. 11-00957 Section 2. The expenditure of an amount not to exceed Fifty Thousand Dollars ($50,000), is authorized, to underwrite costs associated with surveying/engineering, legal fees to and replat the CRA owned Lyric Theatre Plaza and Block 36 in Overtown. Section 3. The Executive Director is authorized at his discretion to disburse said funds 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. $50,000 to be allocated from SEOPW Tax Increment Revenue Fund, Account Code No. 10050.920101.531000.0000.00000. Section 6. 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: 11-00957 (Version: 1) Printed On: 10/12/2011