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HomeMy WebLinkAboutCRA-R-12-0072City of Miami Legislation CRA Resolution: CRA-R-12-0072 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-01233 Final Action Date: 10/29/2012 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 $300,000, TO EMMANUELAND SANDRA WASHINGTON, TO REHABILITATE NINE (9) RESIDENTIAL RENTAL UNITS AT 155 N.W. 10TH STREET, MIAMI, FLORIDA; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, 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; ALLOCATING FUNDS FROM SEOPW, "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, Section 2, Goal 3, at page 11, of the 2009 Southeast Overtown/Park West Redevelopment Plan (the "Plan") lists the "creati[on of] infill housing, diversity in housing types, and retaining affordable housing," as a stated redevelopment goal; and WHEREAS, Section 2, Goal 6, at page 11, of the Plan also lists "improving the quality of life for residents," as a stated redevelopment goal; and WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-12-0049, passed and adopted on July 30, 2012, directed the Executive Director to budget $500,000 for the rehabilitation of affordable and workforce housing located within the Redevelopment Area; and WHEREAS, Emmanuel and Sandra Washington (collectively referred to as the "Washingtons") own a nine (9) unit residential building at 155 N.W. 10th Street, Miami, Florida; and WHEREAS, the units are in need of rehabilitation and the Washingtons have requested assistance for said rehabilitation; and WHEREAS, in exchange for the grant, the Washingtons have agreed to offer the units as affordable housing, and to execute a restrictive covenant reflecting same; and WHEREAS, the Board of Commissioners wishes to authorize the issuance of a grant, in amount not to exceed $300,000, the Washingtons for the rehabilitation of nine (9) residential rental units at 155 N.W. 10th Street; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE City of Miami Page 1 of 2 File Id: 12-01233 (Version: 1) Printed On: 10/28/2022 File Number: 12-01233 Enactment Number: CRA-R-12-0072 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 $300,000, to Emmanuel and Sandra Washington, to rehabilitate nine (9) residential rental units at 155 N.W. 10th Street, Miami, Florida, is authorized. Section 3. The Executive Director is authorized to disburse funds, at his discretion, 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. Section 5. Funds are to be allocated from 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: 12-01233 (Version: 1) Printed On: 10/28/2022