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HomeMy WebLinkAboutCRA-R-15-0036City of Miami Legislation CRA Resolution: CRA-R-15-0036 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15-01192 Final Action Date: 9/30/2015 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AN AGREEMENT AND MORTGAGE, IN SUBSTANTIALLY THE FORM ATTACHED, IN FAVOR OF UNITED STATES DEPARTMENT OF COMMERCE ECONOMIC DEVELOPMENT ADMINISTRATION ("EDA") TO SECURE THE CRA'S OBLIGATIONS IN CONNECTION WITH A $900,000 GRANT FROM EDA IN CONNECTION WITH THE REHABILITATION OF THE HISTORIC EBENEZER CHURCH, 300 NW 11 STREET, MIAMI FLORIDA; AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL OTHER DOCUMENT NECESSARY IN ORDER TO IMPLEMENT THE GRANT. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") 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 163.370(2)(g), Florida Statutes, allows a community redevelopment agency "to borrow money and to apply for and accept advances, loans, grants, contributions, and any other form of financial assistance from the Federal Government"; and WHEREAS, Section 2, Goal 1, at page 11, of the Plan, provides for the preservation of historic buildings and community heritage as a stated redevelopment goal; and WHEREAS, the Plan, at page s 89-90, describes the Ebenezer Church, 300 NW 11 Street, Miami, Florida ("Site"), as being historically significant and encourages the renovation of such buildings throughout the Redevelopment Area; and WHEREAS, in an effort to assist the CRA with leveraging its funding support of the Hospitality Institute, the CRA has obtained a grant in the amount of $900,000 ("Grant") from the United States Department of Commerce Economic Development Administration ("EDA") for the adaptive re -use and rehabilitation of the Site; and WHEREAS, as a condition of the Grant the CRA is required to execute an Agreement and Mortgage in substantially the form attached hereto ("Mortgage") to secure the CRA's obligations in connection with the Grant; and WHEREAS, the Board of Commissioners wishes to authorize the Executive Director to execute the Mortgage in favor of EDA in substantially the form attached hereto, and authorize the Executive Director to execute all other documents necessary in order to implement the Grant. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE City of Miami Page 1 of 2 File Id: 15-01192 (Version: 1) Printed On: 9/30/2022 File Number: 15-01192 Enactment Number: CRA-R-15-0036 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY: 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 authorizes the Executive Director to execute the Mortgage in favor of EDA in substantially the form attached hereto as Exhibit "A". Section 3. The Executive Director is authorized to execute all other documents necessary in order to implement the Grant. Section 4. This Resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 15-01192 (Version: 1) Printed On: 9/30/2022