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HomeMy WebLinkAboutCRA-R-12-0038City of Miami Legislation CRA Resolution: CRA-R-12-0038 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-00597 Final Action Date: 5/29/2012 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $100,000.00, TO ITALIAN ICE BY DENISE, LLC AND ULTRINAA. HARRIS D.B.A. KICKS ON WHEELS, FOR THE INTERIOR BUILD -OUT OF THEIR RETAIL BAYS AT NEW ARENA SQUARE, 268 NW 11TH STREET, MIAMI, FL 33136, AND 271-75 NW 10TH STREET, MIAMI, FL 33136, RESPECTIVELY, UNDER THE RENOVATION/TENANT IMPROVEMENTS GRANT INITIATIVE AUTHORIZED BY RESOLUTION NO. CRA-R-07-0034; AUTHORIZING THE EXECUTIVE DIRECTOR, AT HIS DISCRETION, TO DISBURSE THE GRANT ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS 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, pursuant to Florida Statute Chapter 163.370(2)(n), the CRA may implement programs and activities that effectuate the provisions of Chapter 163 in order that the objective of remedying slum and blighted areas and preventing the causes thereof may be most effectively achieved; and WHEREAS, the 2009 Southeast Overtown/Park West Redevelopment Plan lists the creation of jobs, and the support and enhancement of existing businesses, and attracting new businesses, within the CRAArea, as stated goals; and WHEREAS, the CRA Board, by Resolution No. CRA-R-09-0039, passed and adopted on June 29, 2009, authorized funding, in an amount not to exceed $130,000, to perform the build -out of three retail bays at New Arena Square, with the additional requirement of the execution of a restrictive covenant limiting the rent charged for this retail space to $500 per month, per bay, for a period of five years; and WHEREAS, Italian Ice By Denise, LLC, is in need of $50,000 for the interior build -out of its retail bay at new arena square, 268 NW 11th Street, Miami, FL 33136; and WHEREAS, Ultrina A. Harris d.b.a. Kicks on Wheels, is in need of $50,000 for the interior build -out of its retail bay at new arena square, 271-75 NW 10TH Street, Miami, FL 33136; and City of Miami Page 1 of 2 File Id: 12-00597 (Version: 1) Printed On: 8/13/2024 File Number: 12-00597 Enactment Number: CRA-R-12-0038 WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to exceed $100,000.00, to Italian Ice by Denise, LLC and to Ultrina A. Harris d.b.a. Kicks On Wheels, for the interior build -out of their retail bays at new arena square, 268 NW 11th street, Miami, FL 33136, and 271-75 NW 10TH Street, Miami, FL 33136, respectively; 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. Section 2. The issuance of a grant, in an amount not to exceed $100,000.00, to Italian Ice By Denise, LLC and Ultrina A. Harris d.b.a. Kicks on Wheels, for the interior build -out of their retail bays at new arena square, 268 NW 11th Street, Miami, FL 33136, and 271-75 NW 10TH Street, Miami, FL 33136, is authorized. Section 3. The grant funds are to be divided equally, with $50,000 for Italian Ice By Denise, LLC and $50,000 for Ultrina A. Harris d.b.a. Kicks on Wheels. Section 3. The Executive Director is authorized, at his discretion, to disburse the grant on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation. Section 4. The Executive Director is authorized to execute all documents necessary for said purpose, in form acceptable to General Counsel. Section 5. Funds are to be allocated from the SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000. Section 6. This resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 12-00597 (Version: 1) Printed On: 8/13/2024