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HomeMy WebLinkAboutCRA-R-13-0011 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 13-00219 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTION OF A LICENSE AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH CBS OUTDOOR, INC., FOR THE PURPOSE OF INSTALLING AND OPERATING AN ADVERTISING SIGN AT 1490 NW 3RDAVENUE, IN OVERTOWN. 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 the 2009 Southeast Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, the CRA owns the property at 1490 NW 3rd Avenue, in Overtown ("licensed premises"), and is responsible for maintenance and/or improvement of same; and WHEREAS, CBS Outdoor, Inc. seeks to install and operate an advertising sign on the licensed premises; and WHEREAS, the CBS Outdoor, Inc. and the CRA have negotiated the attached license agreement, which calls for the CRA's receipt of an annual license fee in consideration for CBS Outdoor, Inc.'s installation and operation of an advertising sign on the licensed premises; and WHEREAS, the funds received by the CRA from CBS Outdoor, Inc. in connection to the attached license agreement enable the CRA to offset its obligations to maintain and /or improve the licensed premises, or alternatively, enable the CRA to undertake other redevelopment activities in accordance with the CRA's Plan; and WHEREAS, the Board of Commissioners wishes to authorize the execution of a license agreement, in substantially the attached form, with CBS Outdoor, Inc. for the purpose of installing and operating an advertising sign at the licensed premises; 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. Execution of a license agreement, in substantially the attached form, with CBS Outdoor, Inc., for the purposes of installing and operating an advertising sign at 1490 NW 3 rd Avenue, in Overtown, is authorized. Section 3. This Resolution shall become effective immediately upon its adoption. City of Miami Page 1 of 2 File Id: 13-00219 (Version: 1) Printed On: 2/15/2013 File Number: 13-00219 APPROVED AS TO FORM AND SUFFICIENCY: JESSICA N. PACHECO, ESQ. OUTSIDE COUNSEL City of Mianti Page 2 of 2 File Id: 13-00219 (Version: 1) Printed On: 2/15/2013