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HomeMy WebLinkAboutCRA-R-14-0016 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00151 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING 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 4TH AVENUE, MIAMI, FLORIDA; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; ALLOCATING FUNDS FROM SEOPW, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. 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 Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, Goal 3 and Principals 2 and 3, at page 14, of the 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; and WHEREAS, 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; and WHEREAS, 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; and WHEREAS, Town Park Village No. 1, Inc. has requested $25,200 to address unforeseen conditions where the existing underground electrical conduits were completely rotted, and said condition was unknown at the commencement of project; and WHEREAS, the Board of Commissioners wishes to authorize 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; 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 City of Miami Page 1 of 2 File Id: 14-00151 (Version: 1) Printed On: 2/18/2014 File Number; 14-00151 adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The Board of Commissioners authorizes the issuance of 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 damage underground electrical conduits at 1680 NW 4TH Avenue, Miami, Florida. Section 3. The Executive Director is authorized to disburse funds, at his discretion, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation. Section 4. The Executive Director is authorized to execute all documents necessary for said purpose. Section 5. Funds are to be allocated from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND SUFFICIENCY: JESSICA N. PACHECO, ESQ. SPECIAL COUNSEL City of Miami Page 2 of 2 Fite Id: 14-00151 (Version: I) Printed On: 2118/2014