HomeMy WebLinkAboutCRA-R-11-0062 11-28-11 Cover MemoOmni Board of Commissioners Meeting
November 28, 2011
OMNI REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Marc D. Sarnoff
and Members of the CRA Board
From: Pieter A. Bockweg
Executive Director
Date: November 21, 2011 File: 11-01110
Subject: Resolution requesting a grant for renovation
of vacant commercial structure to Dolphin
Coin Laundry, Inc.
References:
Enclosures: Legislation
BACKGROUND:
It is recommended that the Board of Commissioners of the Omni Redevelopment District Community
Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing a grant agreement in
an amount not to exceed Sixteen Thousand Four Hundred Seventy Five Dollars ($16,475), to Dolphin Coin
Laundry, Inc. to underwrite costs associated with the renovation of a vacant commercial structure, to house a
Laundromat, located at 158 Northwest 14th Street, Miami, Florida.
The Laundromat will provide a viable use for residents, while renovating a blighted building within the
redevelopment area.
The funding request to the CRA represents approximately 2% of the estimated $684,240.68 project budget and
will be used to reimburse the Applicant/Owner for interior and exterior renovation costs, including, but not limited
to, flooring, lighting, painting, and an exterior fence.
JUSTIFICATION:
The Omni Redevelopment Plan lists providing incentives and strategies for public/private development as a
stated objective and encourages the redevelopment of blighted properties and the rehabilitation and
maintenance of existing viable structures.
This Resolution carries out these objectives.
FUNDING: Funds from Omni Increment Fund, "Other Grants and Aids," Account Code
10040.920101.883000.0000.00000.