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HomeMy WebLinkAboutCRA-R-13-0057City of Miami Legislation CRA Resolution: CRA-R-13-0057 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 13-01007 Final Action Date: 9/30/2013 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY RATIFYING THE EXPENDITURE OF FUNDS IN THE AMOUNT OF $10,577 FOR THE PURCHASE OF PROPERTY INSURANCE FOR THE OVERTOWN SHOPPING CENTER, 1490 NW 3RD AVENUE, MIAMI, FLORIDA, AND THE WARD ROOMING HOUSE, 249 NW 9TH STREET, MIAMI, FLORIDA. 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, Section 163.370(2)(e)5, Florida Statutes, permits the CRA to insure real and personal property, ... including the payment of premiums; and WHEREAS, the CRA owns the Overtown Shopping Center, 1490 NW 3rd Avenue, Miami, Florida, and Ward Rooming House, 249 NW 9th Avenue, Miami, Florida (collectively referred to as the "Properties"); and WHEREAS, on July 29, 2013, the CRA expended $10,577 for insurance in order to maintain coverage for the Properties; and WHEREAS, the CRA wishes to ratify the expenditure of funds in the amount of $10,577 for insurance for the Properties; 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 the amount of $10,577 for insurance coverage for the Overtown Shopping Center, 1490 NW 3rd Avenue, Miami, Florida, and Ward Rooming House, 249 NW 9th Avenue, Miami, Florida is hereby ratified. Section 3. This Resolution shall become effective immediately upon its adoption. City of Miami Page 1 of 1 File Id: 13-01007 (Version: 1) Printed On: 10/24/2022