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HomeMy WebLinkAboutCRA-R-13-0020 Cover MemoSEOPW Board of Commissioners Meeting March 25, 2013 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones and Members of the CRA Board Date: March 15, 2013 File: 13-00344 Subject: Resolution Concerning the Renovation and Rehabilitation of Overtown Shopping Center. From: Clarence E. Woods, III fit) References: Executive Director Enclosures: Supporting Documentation; Resolution BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution providing the following: authorizing the expenditure of funds in the total amount not to exceed $1,000,000, for the renovation and rehabilitation of the Overtown Shopping Center, 1490 N.W. 3'd Avenue, Miami, Florida ("Property"); ratifying the issuance of a Request for Qualifications for design -build services for the renovation and rehabilitation of the Property; authorizing the selection of TGSV Enterprises, Inc. ("TGSV") as the top ranked firm; authorizing entry into an agreement with TGSV to conduct a Phase 1 evaluation and assessment of the Property, as a cost of $25,000; authorizing negotiations with TGSV for the remaining phases of the renovation and rehabilitation of the Property, based upon the results of Phase 1 evaluation and assessment. On January 23, 2013, the CRA issued a Request for Qualifications for design -build services for the renovation and rehabilitation of the Overtown Shopping Center, 1490 N.W. 3`1 Avenue, Miami, Florida ("Property"). The CRA received four (4) responses, and TGSV Enterprises, Inc. was deemed the top ranked firm. An evaluation and assessment of the condition of the Property is necessary in order to properly negotiate the terms and conditions of a design -build agreement for the renovation and rehabilitation of said Property. As a part of its proposal, TGSV has offered to conduct a Phase I evaluation and assessment of the Property at a cost of $25,000, and said evaluation can be used by the CRA to determine the nature and extent of the renovations to the Property. CRA staff has budgeted $1,000,000 for the renovation and rehabilitation of the Property, and does not intend to exceed this amount. JUSTIFICATION: Principle 1, at page 13, of the Plan provides that "neighborhood -serving commercial uses, such as pharmacies, grocery stores, bank branches, dry cleaners, restaurants, day care facilities, and entertainment establishments . .. should be incorporated into the neighborhood fabric to serve the population." Principle 10, at page 16, of the Plan, also provides that "sound urban design, attractive buildings, and streetscapes are essential to having streets that are both functional and visually attractive." This Resolution furthers the aforementioned redevelopment goals and principles. FUNDING: $1,000,000 from SEOPW Tax Increment Fund, "Construction in Progress," Account Code No. 10050.920101. 670 000.0 000.00000 .