HomeMy WebLinkAboutCRA-R-13-0070 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL33133
www.miamigov.com
File Number: 13-01207 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK W EST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE A PARTNERSHIP
AGREEMENT WITH THE MIAMI FOUNDATION, INC. FOR THE MANAGEMENT OF
PRIVATE FUNDS RECEIVED FROM THIRD PARTY DEVELOPERS AS A RESULT
OF COMMUNITY BENEFIT AGREEMENTS ENTERED INTO FOR LARGE SCALE
DEVELOPMENT PROJECTS THROUGHOUT THE REDEVELOPMENT AREA;
DIRECTING THE EXECUTIVE DIRECTOR TO PRESENTA FINAL PARTNERSHIP
AGREEMENT TO THE BOARD FOR ITS CONSIDERATION.
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 11(1), at page 94 of the Plan encourages the CRA to seek public/private
partnerships in order to further the redevelopment objectives and goals described in the Plan; and
WHEREAS, established in 1967, the Miami Foundation, Inc. is a non-profit corporation based
in Miami, Florida that helps to create and management custom charitable funds for philanthropic
purposes; and
WHEREAS, the CRA has previously negotiated, and is currently negotiating, development
agreements for large scale development projects which include community benefit provisions requiring
a payment by the developer party; and
WHEREAS, given Miami Foundation's resources and expertise, the CRA wishes to develop a
partnership with Miami Foundation to facilitate the management and disbursement of private funding
received as a result of community benefit provisions; and
WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to
negotiate a partnership agreement with Miami Foundation for the management of private funds
received from third party developers as a result of community benefit agreements entered into for
large scale development projects throughout the Redevelopment Area;
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 Board of Commissioners hereby authorizes the Executive Director to
City of Miami Page 1 of 2 File Id: 13-01207 (Version: 1) Printed On: 10/16/2013
File Number: 13-01207
negotiate a partnership agreement with the Miami Foundation, Inc. for the management of private
funds received from third party developers as a result of community benefit agreements entered into
for large scale development projects throughout the Redevelopment Area.
Section 3. The Board of Commissioners directs the Executive Director to present a fully
negotiated partnership agreement to the Board for consideration.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
JESSICA hla 1'fACHECO, ESQ.
CRA SPECIAL COUNSEL
City of Miami Page 2 of 2 File M: 13-01207 (Version: 1 ) Printed On:10/16/2013