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HomeMy WebLinkAboutCRA-R-13-0059 Cover MemoSEOPW Board of Commissioners Meeting September 30, 2013 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones and Members of the CRA Board From: Clarence E. Woods, III References: Executive Director Date: September 20, 2013 File: 13-01002 Subject: Resolution Authorizing Expenditure of Funds and Grant for Construction of Temporary Parking Enclosures: Supporting Documentation; Legislation BACKGROUND: The attached Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") deallocates $155,000 previously authorized by Resolution No. CRA-R-11-0037 for a construction agreement with Clark Construction USA, LLC. The Resolution also authorizes the expenditure of funds, in an amount not to exceed $60,000, for the construction of temporary parking at 276 NW 9th Street, Miami, Florida to complement Carver Apartments and Shoppes development ("Carver Development"). Lastly, the Resolution authorizes a grant, in an amount not to exceed $60,000, to the International Longshoremen's Association ("ILA") for the construction of temporary parking at 832 NW 2nd Avenue, Miami, Florida. The Carver Development, a mixed use development on NW 314 Avenue and NW 8th Street, is currently under construction and is anticipated to be complete near the end of 2013. The ILA's Hall is located at NW 2nd Avenue and NW 8th Street, and is identified in the 2009 Southeast Overtown/Park West Community Redevelopment Plan, at page 90, as being historically significant. The parking needs for the Carver Development and the ILA are not met by the current parking inventory in the area. While the CRA is in the process of negotiating the development of off-street parking facilities in nearby larger developments, construction on said developments has not yet commenced. JUSTIFICATION: Section III, subsection 3, at page 89 of the 2009 Southeast Overtown/Park West Community Redevelopment Plan identifies the need for the CRA to facilitate the increase of parking supply throughout the Redevelopment Area. FUNDING: $60,000 are to be allocated from SEOPW Tax Increment Fund, "Construction in Progress" Account Code No. 10050.920101.67000.0000.00000, and $60,000 are to be allocated from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.