HomeMy WebLinkAboutCRA-R-14-0065 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-01062
Final Action Date:
A RESOLUTION THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING AN EXPENDITURE OF ADDITIONAL FUNDS, IN THE AMOUNT OF
$200,000, FOR A TOTAL NOT TO EXCEED $1,550,000, FOR THE RENOVATION
AND REHABILITATION OF THE OVERTOWN SHOPPING CENTER, 1490 N.W. 3rd
AVENUE, MIAMI, FLORIDA 33136 ("PROPERTY"); 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
"CONSTRUCTION IN PROGRESS," ACCOUNT CODE NO.
10050.920101.670000.0000.00000.
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, Principle 1, at page 13, of the Plan provides that "neighborhood -serving
comnl'ercial uses, such as pharmacies, grocery stores, bank branches, dry cleaning, restaurants, day
care facilities, and entertainment establishments ... should be incorporated into the neighborhood
fabric to serve the population"; and
WHEREAS, Section 2, Principle 10, at page 16, of the Plan also provides that "sound urban
design, attractive buildings, and streetscapes are essential to having streets that are both functional
and visually attractive"; and
WHEREAS, the CRA owns the Overtown Shopping Center, at 1490 N.W. 3rd Avenue, Miami,
Florida 33136 ("Property"); and
WHEREAS, on March 25, 2013, the Board of Commissioners, by Resolution No.
CRA-R-13-0020, authorized the expenditure of funds in the amount of $1,000,000 for the renovation
and rehabilitation of the Property ("Project"), accepted the selection of TGSV Enterprises, Inc.
("TGSV") as the contractor for the Project, authorized the performance of a Phase I evaluation and
assessment of the Property by TGSV, and authorized the CRA to negotiate an agreement with TGSV
for the Project based upon TGSV's Phase I evaluation and assessment; and
WHEREAS, on June 26, 2013, the Board of Commissioners, by Resolution No,
CRA-R-13-0038, authorized the expenditure of funds in the amount of $350,000 for additional
renovation and rehabilitation of the Property revealed during the Phase I evaluation and assessment of
the Property; and
City of Miami Page 1 of 2 File Id: 14-01062 (Version: 1) Printed On: 10/17/2014
File Number: 14-01062
WHEREAS, TGSV is near completion of its renovation and rehabilitation of the Property; and
WHEREAS, additional funding is required to complete the Project due to unforeseen conditions
and change orders at the CRA's request; and
WHEREAS, the Board of Commissioners wishes to authorize an expenditure of additional
funds in the amount of $200,000, for a total amount not to exceed $1,550,000; and
WHEREAS, the Board of Commissioners finds that the adoption of this Resolution would
further the aforementioned redevelopment goals and principles;
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 additional funds in the amount
of $200,000, for a total amount not to exceed $1,550,000, for the renovation and rehabilitation of the
Overtown Shopping Center, 1490 N.W. 3rd Avenue, Miami, Florida 33136.
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. Funds are to be allocated from SEOPW Tax Increment Fund, entitled
"Construction in Progress," Account Code No. 10050.920101.670000.0000.00000.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
JESSICA N. PACHECO, ESQ.
SPECIAL COUNSEL
City of Miami Page 2 of 2 File Id: 14-01062 (Version: 1) Printed On: 10/17/2014