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HomeMy WebLinkAboutCRA-R-11-0058 11-28-11 Cover MemoSEOPW Board of Commissioners Meeting November 28, 2011 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: November 21, 2011 File: 11-01107 and Members of the CRA Board From: Pieter A. Bockweg Executive Director Subject: Resolution Authorizing 2.8 million to design and construct a gymnasium at Gibson Park References: Enclosures: Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing a grant in an amount not to exceed Two Million Eight Hundred Thousand Dollars ($2,800,000) to the City of Miami for the design and construction of an indoor basketball gymnasium to be located at Gibson Park, 401 Northwest Twelfth Street, Miami, Florida ("Gymnasium"). The Gymnasium will be approximately 12,000 square feet, with bleachers, wood floors, twenty nine foot (29') ceiling heights, one full and two half basketball courts, restroom facilities, storage facilities, and kitchen facilities. JUSTIFICATION: Section IV.D at page 31 of the Southeast Overtown/Park West Redevelopment Plan provides that "the provision of adequate community facilities and services is essential in order to complement redevelopment activities proposed for Overtown..." Pursuant to Florida Statute Chapter 163.370(2)(c)(3), the CRA may construct parks, playgrounds, public areas...and other improvements necessary for carrying out in the community redevelopment area the community redevelopment objectives in accordance with the community redevelopment plan; and Pursuant to Florida Statute Chapter 163.370(2)(a), the CRA may execute any contracts or other instruments necessary or convenient to exercise its powers. Herein an Agreement with the City of Miami; and The Board of Commissioners, by Resolution no. CRA-R-09-0012, on February 23, 2009, authorized a grant, in an amount not to exceed One Million Dollars ($1,000,000), to the City of Miami for renovation of Gibson Park. The Board of Commissioners, by Motion on File No. 10-00327, passed and adopted on March 15, 2010, authorized the a grant in an amount not to exceed Eight Million Dollars ($8,000,000) plus interest, to the City of Miami for the renovation of Gibson Park. This Resolution authorizing a grant in an amount not to exceed Two Million Five Hundred Thousand Dollars ($2,800,000) to the City of Miami for the design and construction of an indoor basketball gymnasium, is the final phase and will complete the design and construction of Gibson Park. This Resolution carries out these objectives. FUNDING: Funds from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.