HomeMy WebLinkAboutCRA-R-14-0075City of Miami
Legislation
CRA Resolution: CRA-R-14-0075
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-01283 Final Action Date: 12/29/2014
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $1,000,000, TO
PEOPLES DRUG STORE, INC., FOR THE REHABILITATION OF "PEOPLE'S
BAR-B-QUE", A FULL SERVICE BAR-B-QUE RESTAURANT IN THE
REDEVELOPMENT AREA, LOCATED AT 360 N.W. 8TH STREET, MIAMI, FLORIDA
33136; 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;
FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL
DOCUMENTS NECESSARY FOR SAID PURPOSE; 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 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 4, at page 11, of the Plan lists the the "creati[on of] jobs within
the community", as a stated redevelopment goal; and
WHEREAS, Section 2, Goal 6, at page 11, of the Plan lists "improving quality of life for
residents", as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 4, at page 14, of the Plan provides that "employment
opportunities be made available to existing residents ..."; and
WHEREAS, Section 2, Principle 14, at page 16, of the Plan further provides for "restor[ation]
of community and unif[ication of the] area culturally"; and
WHEREAS, Peoples Drug Store, Inc. ("Grantee"), located at 360 N.W. 8th Street, Miami,
Florida 33136 ("Property"), is a full service bar-b-que restaurant within the Redevelopment Area;
WHEREAS, the Property is in significant need of repair and rehabilitation in order to sustain its
business operations, provide restaurant services to the Redevelopment Area, and provide
employment opportunities to the residents of the Redevelopment Area; and
WHEREAS, the Grantee has requested assistance from the CRA in order to undertake the
City of Miami Page 1 of 2 File Id: 14-01283 (Version: 1) Printed On: 10/7/2022
File Number: 14-01283 Enactment Number: CRA-R-14-0075
rehabilitation of the Property; and
WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to
exceed $1,000,000 for the rehabilitation of the Property; and
WHEREAS, the Board of Commissioners finds that such a grant 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 a grant, in an amount not to
exceed to $1,000,000, to Peoples Drug Store, Inc., for the rehabilitation of "People's Bar-B-Que", a
full service bar-b-que restaurant within the Redevelopment Area located at 360 N.W. 8th Street,
Miami, Florida 33136.
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: 14-01283 (Version: 1) Printed On: 10/7/2022