HomeMy WebLinkAboutCRA-R-12-0059 07-26-2012 Legislation with AttachmentCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00828
Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, WITH
ATTACHMENT(S), DE -ALLOCATING $769,799 IN CARRYOVER FUNDS
ASSOCIATED WITH PREVIOUSLY AUTHORIZED PROJECTS, AS MORE
SPECIFICALLY SET FORTH IN ATTACHMENT "A," AND ALLOCATING SAME TO
THE PORT TUNNEL LOAN AND THE MIAMI ENTERTAINMENT COMPLEX.
WHEREAS, the Omni Redevelopment District 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 Board of Commissioners, by several resolutions, authorized funding for
various projects; and
WHEREAS, there now remains $769,799 in carryover funds from these previously authorized
projects, as more specifically set forth in Attachment "A"; and
WHEREAS, the Board of Commissioners wishes to authorize the de -allocation of $769,799 in
carryover funds from these previously authorized projects, as more specifically set forth in Attachment
"A," and allocate same to the Port Tunnel Loan and the Miami Entertainment Complex;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
OMNI REDEVELOPMENT DISTRICT 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 carryover funds amount of $763,799, associated with the previously authorized
projects, as more specifically set forth in Attachment "A," are de -allocated, and same is hereby
allocated to the Port Tunnel Loan and the Miami Entertainment Complex.
Section 3. This resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
GENERAL COUNSEL
City of Miami
Page l of 1
File Id: 12-00828 (Version: 1) Printed On: 7/17/2012
Attachment (A)
OMNI Resolutions
#
DESCRIPTION
RESOLUTION
APPROVED
AMOUNT
EXPENDED
AMOUNT
AMOUNT
TO BE
DEOBLIGATED
1
Downtown Enhancement Team -
Entertainment and Media District I
08-0036
$55,000
$52,289
$2,711
2
Downtown Enhancement Team -
Entertainment and Media District II
10-0011
$55,000
$55,000
3
Margaret Pace Park - Replacement of
damaged playground shade structures.
10-0056
$60,000
$56,121
$3,879
4
Margaret Pace Park - Exercise Equipment
10-0030
$66,000
$58,048
$7,952
5
Youth Summer Employment Program II
10-0044
$120,000
$86,499
$33,501
6
Youth Summer Employment Program II (add
funds)
10-0055
$120,000
$57,345
$62,655
7
Small Business Economic Stimulus I
09-0004
$50,000
$7,916
$42,084
8
Small Business Economic Stimulus II
10-0032
$50,000
$50,000
9
NANA - Business Training Program
10-0031
$30,000
$27,600
$2,400
1Q
Film, Media and Entertainment Grant
10-0091
$250,000
$250,000
11
Dolphin Coin - Renovation Vacant Structure
11-0062
$16,475
$12,858
$3,617
•
12
Beautification of Parking Lots around
AAA/PAC Area Sidewalk Enhancement
10-0090
$250,000
$250,000
$1,122,475
$358,676
$763,799
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