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HomeMy WebLinkAboutCRA-R-13-0049 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 13-00851 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING THE EXPENDITURE OF FUNDS, IN AN AMOUNT NOT TO EXCEED $185,000, FOR THE INSTALLATION OF THE LYRIC PLAZA, LOCATED AT 831 AND 841 NW 2ND AVENUE, MIAMI, FLORIDA; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; FUNDS TO BE ALLOCATED FROM SEOPW TAX INCREMENT FUND, ENTITLED "CONSTRUCTION IN PROGRESS," ACCOUNT CODE NO. 10050.920101.670000.0000.00000. 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 the 2009 Southeast OvertownlPark West Redevelopment Plan ("Plan"); and WHEREAS, the CRA owns the Lyric Plaza, located at 831 and 841 NW 2nd Avenue, Miami, Florida ("Lyric Plaza"), and Lyric Plaza sits adjacent to the historic Lyric Theater, which is owned by the Black Archives, History, and Research Foundation of South Florida, Inc.; and WHEREAS, the Plan, at page 54, acknowledges the need for a safe public gathering space associated with the restored and expanded Lyric Theater, and envisions the Lyric Plaza to be the focal public open space for cultural and entertainment activities; and WHEREAS, the Lyric Theater is currently undergoing an expansive renovation of the Lyric Theater, and said renovation is expected to be completed by September 2013; and WHEREAS, in an effort to complement renovation of the Lyric Theater, the installation of the Lyric Plaza must occur; and WHEREAS, the Board of Commissioners wishes to authorize the expenditure of funds, in an amount not to exceed $185,000, for the installation of the Lyric Plaza; and WHEREAS, the Board of Commissioners finds that such an expenditure will further the intent of the plan; 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. The expenditure of funds, in an amount not to exceed $185,000, for the installation of the Lyric Plaza, at 831 and 841 NW 2nd Avenue, Miami, Florida, is hereby authorized. City of Miami Page 1 of 2 File Id: 13-00851 (Version: 1) Printed On: 7/18/2013 File Number: 13-00851 Section 3. The Executive Director is authorized to execute all documents necessary for said purpose. Section 4. Funds to be allocated from SEOPW Tax Increment Fund, entitled "Construction in Progress," Account Code No. 10050.920101.670000,0000.00000. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: JESSICA N. PACHECO, ESQ. CRA SPECIAL COUNSEL City of Miunii Page 2 of 2 File Id: 13-00851 (Version: 1) Printed On: 7/18/2013