HomeMy WebLinkAboutCRA-R-15-0022 Cover MemoOmni Board of Commissioners Meeting
June 25, 2015
OMN! REDEVELOPMENT ❑ISTRICT
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To- Board Chair Marc D. Sarnoff
and Members of the CRA Board
l:rom: Pieter A. Bockweg
Executive Director
BACKGROUND:
Date: June 17, 2015 File: 15-00797
Subject: South Florida Regional Transportation
Authority °SFRTA" Reimbursement
Agreement with the Omni CRA
References:
Enclosures: Supporting Documentation, Legislation
It is recommended that the Board of Commissioners of the ❑mni Redevelopment District Community
Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the execution
of a "Reimbursement Agreement" Grant between the CRA and the South Florida Regional
Transportation Authority to provide infrastructure, transportation and mobility improvements to areas,
facilities and properties.
Reimbursements will be for a period of two (2) years, at a total cost not to exceed $1,875,000.00
annually.
JUSTIFICATION:
Section 4.4, Goal B, 05 at page 41, of the 2009 Omni CRA Redevelopment Plan ("Plan") lists to
"provide employment opportunities and upward mobility for residents" by the creation of jobs within
the community as a stated redevelopment goal.
Section 4.4, Goal 6, B3 at page 41, of the Plan lists to "create economic magnets to draw more
businesses to the ❑MNI area to compliment established activities in the area" as a stated
redevelopment goal.
Section 4.4, Goa! C, D1 at page 41, of the Plan provides for the "maximizing of conditions for
residents to continue to live in the area" as a stated redevelopment goal.
Section 4, Goal D/ Principles A-2, C-4 and C-5, at page 42, of the Plan lists "eliminate conditions
which contribute to blight," "encourage the restoration of historic buildings," and "enhance the area's
visual attractiveness to businesses and residents by creating opportunities for new development
through improvements to the public realm" as stated redevelopment goals.
Section 163.362, Florida Statutes, states that the promotion of regional transportation and specified
transportation improvement projects is a goal of CRAB.
FUNDING:
Allocating funds from the Omni Increment Fund, "Other Grants and Aids," Account Code No.
10040.920501 883000.00000