HomeMy WebLinkAboutCRA-R-12-0010 02-27-12 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00164
Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING THE ISSUANCE OF A GRANT, IN AN AMOUNT NOT TO EXCEED
$325,000, TO THE DOWNTOWN MIAMI PARTNERSHIP FOR ITS
"WRAP -AROUND BUILDING REHAB PROGRAM," TO ASSIST WITH
IMPROVEMENTS TO RESIDENTIAL AND COMMERCIAL PROPERTIES WITHIN
THE REDEVELOPMENT AREA; AUTHORIZING THE EXECUTIVE DIRECTOR TO
EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, IN A FORM
ACCEPTABLE TO GENERAL COUNSEL; FUNDS TO BE ALLOCATED FROM THE
SEOPW TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT
CODE NO. 10050.920101.883000.0000.00000.
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, a stated redevelopment principle of the 2009 Southeast Overtown/Park West
Community Redevelopment Plan is "...the support and enhancement of existing businesses and local
entrepreneurs and the attraction of new businesses that provide needed services and economic
opportunities," Principle 6, at page 15; and
WHEREAS, another redevelopment principle of the 2009 Southeast Overtown/Park West
Community Redevelopment Plan is "streets and buildings must be attractive," Principle 10, at page 16;
and
WHEREAS, these various improvements remain with the property and are directly related to
the opening of a new business, improving an existing business, remedying code violations, providing
ADA access, and eliminating blighted neighborhood conditions in the Redevelopment Area; and
WHEREAS, the CRA has identified various residential and commercial properties within the
Redevelopment Area that are eligible to participate in Downtown Miami Partnership's ("DMP")
"Wrap -Around Rehab Program;" and
WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to
exceed $325,000, to the Downtown Miami Partnership for its "Wrap -Around Building Rehab Program,"
to assist with improvements to residential and commercial properties within the Redevelopment Area ;
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
City of Miami Page 1 of 2 File Id: 12-00164 (Version: I) Printed On: 2/14/2012
File Number: 12-00164
by reference and incorporated herein as if fully set forth in this Section.
Section 2. The issuance of a grant, in an amount not to exceed $325,000, to the Downtown
Miami Partnership for its "Wrap -Around Building Rehab Program," to assist with improvements to
residential and commercial properties within the Redevelopment Area, is authorized.
Section 3. The Executive Director is authorized to execute all documents necessary for said
purpose, in a form acceptable to General Counsel.
Section 4. Funds to be allocated from SEOPW Tax Increment Fund, "Other Grants and Aids,"
Account No. 10050.920101.883000.0000.00000.
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: 12-00164 (Version: I) Printed On: 2114/2012