HomeMy WebLinkAboutCRA-R-14-0016 Cover MemoSEOPW Board of Commissioners Meeting
February 24, 2014
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Keon Hardemon
and Members of the CRA Board
From: Clarence E. Woods, III
Executive Director
Date: February 14, 2013 File:14-00151
Subject: Resolution Authorizing Additional Funding to
Town Park Village No, 1, Inc. for Repairs to
Underground Electrical Conduits.
References:
Enclosures: Supporting Documentation; Legislation
BACKGROUND:
The attached Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community
Redevelopment Agency ("CRA") authorizes additional grant funding, in an amount not to exceed $25,200, to
Town Park Village No. 1, Inc. to underwrite costs associated with the repair of damaged underground electrical
conduits at 1680 NW 41" Avenue, Miami, Florida.
The Board of Commissioners, by Resolution No. CRA-R-12-0013, passed and adopted on February 27, 2012,
authorized a grant to Town Park Village No. 1, Inc., in an amount not to exceed $295,000 to underwrite costs
associated with repairs and improvements, and 40-year recertification. The Board of Commissioners, by
Resolution No. CRA-R-12-0053, passed and adopted on July 30, 2012, authorized additional funding in the
amount of $40,000, for the purchase and installation of a fire alarm system in order to meet the requirements for
the 40-year recertification.
Town Park Village No. 1, Inc. has requested assistance to address unforeseen conditions where the existing
underground electrical conduits were completely rotted, and said condition was unknown at the commencement
of project. These repairs are the last remaining item needed for the 40-year recertification.
JUSTIFICATION:
Goal 3 and Principals 2 and 3, at page 14, of the 2009 Southeast Overtown/Park West Redevelopment Plan,
provides that neighborhoods should retain access to affordable housing and strive to provide a mix of housing
types, including rental units... to accommodate existing and future residents of the redevelopment area.
FUNDING:
$25,200 are to be allocated from SEOPW Tax Increment Fund, entitled "Other Grants and Aids" Account Code
No. 10050.920101.883000.0000.00000.