HomeMy WebLinkAboutCRA-R-15-0022 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00797 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA"),
WITH ATTACHMENT(S), AUTHORIZING A TWO-YEAR REIMBURSEMENT GRANT IN
AN AMOUNT NOT TO EXCEED $1,875,000.00 ANNUALLY, TO SOUTH FLORIDA
REGIONAL TRANSPORTATION AUTHORITY ("SFRTA") TO ASSIST WITH THE
EXTENSION OF DIRECT TRI-RAIL SERVICE INTO DOWNTOWN MIAMI AND
THROUGH THE REDEVELOPMENT AREA; FURTHER AUTHORIZING THE
EXECUTIVE DIRECTOR TO EXECUTE AN AGREEMENT WITH SFRTA, IN
SUBSTANTIALLY THE ATTACHED FORM AND SUBJECT TO THE AVAILABILITY OF
FUNDS; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS
DISCRETION, ON A REIMBURSEMENT BASIS UPON PRESENTATION OF INVOICES
AND SATISFACTORY DOCUMENTATION; ALLOCATING FUNDS FROM THE OMNI
INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO.
10040.920501.883000.00000.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") was
formed pursuant to Chapter 163, Florida Statutes, for the purpose of enhancing conditions within the CRA
boundary and to undertake such activities necessary to aid the economic growth of Redevelopment Area in
accordance with the 2009 CRA Redevelopment Plan ("Plan"); and
WHEREAS, Section 4.4, Goal B. D5 at page 41, of the Plan lists providing "employment
opportunities and upward mobility for residents" by the creation of jobs within the community as a stated
redevelopment goal; and
WHEREAS, Section 4.4, Goal B, B3 at page 41, of the Plan lists to creating "'economic magnets to
draw more businesses to the Omni area to compliment established activities in the area" as a stated
redevelopment goal; and
WHEREAS, Section 4.4, Goal C, D1 at page 41, of the Plan provides for the "maximizing of
conditions for residents to continue to five in the area" as a stated redevelopment goal; and
WHEREAS, the Plan and Section 163.362, Florida Statutes, calls for the promotion of transit and
regional connectivity as a primary goal; and
WHEREAS, the South Florida Regional Transportation Authority ("SFRTA") operates a regional
commuter rail system, commonly referred to as Tri-Rail, that provides affordable access to employment
centers across Miami -Dade, Broward and Palm Beach Counties, and has proposed a direct extension of
their service into Downtown Miami; and
WHEREAS, it is estimated that the design and construction of the required Tri-Rail improvements at
MiamiCentral Station will cost an estimated $70.44 million to construct; and
WHEREAS, SFRTA has requested financial support from a variety of organizations, including
City of Miami
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File Number: 15-00797
the Florida Department of Transportation, Miami -Dade County, the Citizen's Independent
Transportation Trust, South Florida's Metropolitan Planning Organizations, the City of Miami, Southeast
Overtown/Parkwest Community Redevelopment Agency, the Omni Redevelopment District Community
Redevelopment Agency, All Aboard Florida/FECR, and the Downtown Development Authority to help
underwrite the cost of the Improvements; and
WHEREAS, All Aboard Florida/FECR have agreed to contribute (i) the land required to accommodate
the Improvements, (ii) a reduced access fee for SFRTA's use of the FECR corridor, (iii) the financial carrying
costs for the Improvements through construction of the Tri-Rail platform, and (iv) a pro -rated cost sharing for
those MiamiCentral Station infrastructure improvements that will be shared with SFRTA; and
WHEREAS, other state and local agencies have expressed their support for the project and are in
the process of negotiating their proportionate fair share of financial assistance with the SFRTA; and
WHEREAS, expanded Tri-Rail service to Downtown Miami will significantly reduce traffic congestion,
including traffic congestion within the Redevelopment Area; and
WHEREAS, expanded Tri-Rail service will allow residents of the Redevelopment Area access to
areas otherwise inaccessible to them without public transportation; and
WHEREAS, expanded Tri-Rail service will bring more visitors and customers to businesses located
within the Redevelopment Area; and
WHEREAS, the Board of Commissioners finds that there is a substantial public benefit to the
expansion of the Tri-Rail service to Downtown Miami which will significantly impact the residents and
businesses located within the Redevelopment Area; and
WHEREAS, the Board of Commissioners finds that a grant to SFRTA would further the above
mentioned redevelopment goals and objectives; and
WHEREAS, the CRA wishes to enter into an agreement with the SFRTA, in substantially the form
provided as Exhibit "A", and subject to the availability of funds, to provide its proportionate fair share of
financial assistance given both the regional transportation benefits and catalytic impact the Improvements will
have on future development within the Redevelopment Area, with contributions spread out over a three-year
period beginning Fiscal Year 2015-2016, as follows:
FY 15-16 $1,875,000.00
FY 16-17 $1,875,000.00
TOTAL$3,750,000.00
NCW, THEREFORE, be it resolved by the Board of Commissioners of the Omni Redevelopment
District 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 as if fully set forth in this Section.
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File Number': 15-00797
Section 2. The Board of Commissioners hereby authorizes a two-year grant in an amount not to
exceed $1,675,000.00 annually to SRFTA to underwrite costs associated with extending the Tri-Rail service
into Downtown Miami and through the Redevelopment Area.
Section 3. The Board of Commissioners authorizes the Executive Director to execute an
agreement with SFRTA, in substantially the attached form and subject to the availability of funds for said
purpose and after SFRTA obtains funding from the Florida Department of Transportation, Miami -Dade
County, the Citizen's Independent Transportation Trust, South Florida's Metropolitan Planning
Organizations, the City of Miami, the Southeast Overtown/Parkwest Community Redevelopment Agency,
and the Downtown Development Authority.
Section 4, The Board of Commissioners authorizes the Executive Director to execute any other
documents, subject to review and approval by the General Counsel, in order to accomplish the intent of this
Resolution.
Section 5. The Executive Director is authorized to disburse funds, at his discretion, on a
reimbursement basis upon presentation of invoices and satisfactory documentation to SFRTA.
Section 6. Funds to be allocated from the Omni Increment Fund, entitled "Other Grants and Aids,"
Account Code NO. 10040.920501.883000.00000.
Section 7, This Resolution shall become effective immediately upon its adoption.
OVE❑ L4S TO FOR } AND LEAL SUF IENCY:
VI TORIA NDEZ, GENERAL
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