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HomeMy WebLinkAboutCRA-R-15-0002 Cover MemoSEOPW Board of Commissioners Meeting February 23, 2015 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Keon Hardemon Date: February 13, 2015 File: 15-00026 and Members of the CRA Board Subject: Resolution Authorizing Additional Expenditures for CRA Moving Expenses. From: Clarence E. Woods, Ili did References: Executive Director Enclosures: Supporting Documentation; Legislation BACKGROUND: The attached Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") authorizes the expenditure of additional funds, in an amount not to exceed $16,200, for a total not to exceed $51,200 to underwrite costs associated with the installation of the CRA's telephone system and other moving expenses in connection with the CRA's relocation to the Lyric Theater Complex, 819 N.W. 2nd Avenue, Miami, Florida 33136. On January 27, 2014, the Board of Commissioners, by Resolution No. CRA-R-14-0002 authorized the Executive Director to execute a lease agreement with the Black Archives History and Research Foundation of South Florida, Inc. for the CRA's office space at the Lyric Theater Complex, 819 N.W. 2nd Avenue, Miami, Florida 33136 commencing February 1, 2014 and further authorized the expenditure of funds, in an amount not to exceed $35,000 for the installation of the CRA's telephone system and other moving expenses in connection with the CRA's relocation to the Lyric Theater Complex. Additional funding is required for the installation of the CRA's telephone system and other moving expenses in connection with the CRA's relocation to the Lyric Theater Complex due to unforeseen costs for construction of additional office space and furniture. JUSTIFICATION: Section 163.370(2)(e)(2), Florida Statutes, authorized the CRA to enter into leases for property. FUNDING: $16,200 allocated from SEOPW Tax Increment Fund, entitled, "Rental and Leases" Account Code No. 100 50.920101.544000.000 0.00 000.