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HomeMy WebLinkAboutCRA-R-14-0061 Signed LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00933 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING A GRANT, IN THE AMOUNT NOT TO EXCEED $450,000.00, TO AL D. DARRING AND STEPHANIE R. DARRING FOR THE REHABILITATION OF PROPERTY AT 240 NW 17TH STREET, MIAMI, FLORIDA; 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 OvertownlPark West Community Redevelopment Agency ("CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and 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 property at 240 NW 17th Street, Miami, Florida ("Property") is currently owned by Al D. Darring and Stephanie R. Darring (collectively the "Owners"); WHEREAS, built in 1959, the building on the Property consists of 9 residential units, and is in need of significant repairs; WHEREAS, the Owners have requested assistance from the CRA in order to undertake the rehabilitation of the Property; and WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to exceed $450,000.00 for the rehabilitation of the Property; and WHEREAS, the Board of Commissioners finds that such a grant would further the aforementioned redevelopment goals and objectives; NOW, THEREFORE, BE !T RESOLVED BY THE BOARD OF COMMISSIONERS OF THE City of Miami Page 1 of 2 File Id: 14-00933 (Version: 1) Printed On: 9/25/2014 File Number: 14-00933 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 a grant, in the amount not to exceed to $450,000.00, to Al D. Darring and Stephanie R. Darring for the rehabilitation of property at 240 NW 17th 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. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: JESSfCA N. PACHECO, ESQ. SPECIAL COUNSEL City of Miami Page 2 of 2 File Id: 14-00933 (Version: 1) Printed On: 9/25/2014