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HomeMy WebLinkAboutCRA-R-14-0045City of Miami Legislation CRA Resolution: CRA-R-14-0045 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00596 Final Action Date: 6/30/2014 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING A GRANT OF ADDITIONAL FUNDS, IN THE AMOUNT NOT TO EXCEED $200,000.00, TO PEOPLE HELPING PEOPLE SELF RELIANCE, INC. ("GRANTEE") FOR THE REHABILITATION OF PROPERTY AT 210 NW 16TH STREET, MIAMI, FLORIDA ("PROJECT"); AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FUNDS TO BE ALLOCATED FROM SEOPW TAX INCREMENT FUND, ENTITLED "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, Section 2, Goal 3, at page 11, of the Plan lists the "creati[on of] infill housing, diversity in housing types, and retaining affordable housing," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 2, at page 14, of the Plan provides that "[t]he neighborhood . .. retain access to affordable housing ... ;" and WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-12-0049, passed and adopted on July 30, 2012, directed the Executive Director to budget $500,000 for the rehabilitation of affordable and workforce housing located within the Redevelopment Area; and WHEREAS, People Helping People Self Reliance, Inc. ("Grantee") own a six (6) unit residential building at 210 N.W. 16th Street, Miami, Florida ("Property"), and said units are in need of rehabilitation; and WHEREAS, the Grantee requested a grant from the CRA in order to undertake the rehabilitation of the Property ("Project"), but had not demonstrated the Project's viability, or the Grantee's ability to maintain the proposed improvements to the Property; and WHEREAS, on September 30, 2013, the Board of Commissioners authorized a grant, in the amount not to exceed $200,000.00, to the Grantee for the Project, provided that the Grantee could demonstrate the Project's viability and Grantee's ability to maintain the proposed improvements to the Executive Director; and WHEREAS, while the Grantee has demonstrated the Project's viability and Grantee's ability to City of Miami Page 1 of 2 File Id: 14-00596 (Version: 2) Printed On: 10/17/2022 File Number: 14-00596 Enactment Number: CRA-R-14-0045 maintain the proposed improvements, a further assessment of the Property's condition reflect the need for additional funding; and WHEREAS, the Board of Commissioners wishes to authorize a grant of additional funds, in an amount not to exceed $200,000.00 for the rehabilitation of the Property; and WHEREAS, the Board of Commissioners finds that such a grant to the Grantee would further the aforementioned redevelopment goals and objectives; 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 an additional grant, in the amount not to exceed to $200,000.00, to People Helping People Self Reliance, Inc. for the rehabilitation of property at 210 NW 16th Street, Miami, Florida. Section 3. The Executive Director is authorized to execute all documents necessary for the purposes set forth above. Section 4. 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 5. Funds are to be allocated from SEOPW Tax Increment Fund, entitled "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 14-00596 (Version: 2) Printed On: 10/17/2022