Loading...
HomeMy WebLinkAboutCRA-R-13-0017 Cover MemoOmni Board of Commissioners Meeting March 281h, 2013 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Marc D. Sarnoff and Members of the CRA Board From: Pieter A. Bockweg Executive Director Date: March 20th, 2013 File: Subject: Grant to the City of Miami for improvements to The Miami Woman's Club Baywalk Project. References: Enclosures: Supporting Documentation; Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the OMNI CRA in the issuance of a grant, in an amount not to exceed $ 150,000.00, to the City of Miami to aid in its matching funds obligation under the Florida Inland Navigation District Grant ("FIND Grant"), under the 2010 Waterways Assistance Program ("WAP")for Phase 2 of The Miami Woman's Club Baywalk Project. Updated estimates from the City's Capital Improvement Program ("CIP") show that the total cost of Phase 2 of The Miami Woman's Club Baywalk Project will be approximately $300,000.00. The OMNI CRA's contribution will be contingent upon the City of Miami being awarded the FIND Grant. JUSTIFICATION: Section 4.4, D., at page 42, of the 2009 Omni Area Redevelopment Plan, lists "[p]roviding a system of public open spaces;" and "[m]aximiz[ing] access and views to Biscayne Bay' as stated redevelopment objectives. This Resolution carries out these objectives. FUNDING: $ 150,000.00 from the OMNI Tax Increment Fund, "Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000