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HomeMy WebLinkAboutCRA-R-16-0002 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16-00015 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWNIPARK WEST COMMUNITY REDEVELOPMENT AGENCY ACCEPTING A GRANT IN THE AMOUNT OF $75,000 FROM THE HEALTH FOUNDATION OF SOUTH FLORIDA, INC. ("HFSF") FOR USE IN THE CONSTRUCTION OF A NEW PLAYGROUND AT TOWN PARK PLAZA NORTH, 475 N.W. 19TH STREET, MIAMI, FL; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO ADMINISTER THE GRANT; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA11) 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 3, at page 11, Plan lists the "creati[on of] infill housing, diversity in housing types, and retaining affordable housing," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 2, at page 14, of the Plan provides that "[t]he neighborhood .. . retain access to affordable housing ....;" and WHEREAS, the Health Foundation of South Florida, Inc. ("HFSF") history traces back to 1960, and seeks to improve the health status of people in Broward, Miami -Dade and Monroe Counties by funding providers and supporting programs to: increase the accessibility of quality, sustainable, community -based primary health services, including behavioral health, for all with a focus on the underserved; promote healthy eating active communities and preventive health measures; improve organizational effectiveness and efficiency among grantees and selected health and social service providers; and improve the effective delivery and efficiency of the health system for the poor and uninsured; and WHEREAS, built in 1973, Town Park Plaza North is a residential housing complex consisting of 20 buildings and 169 condominium units. The condition of Town Park Plaza North poses significant risk of health and safety to its occupants, and in turn, extensive rehabilitation is needed, as evidenced by structural cracks, unsecured railings, deteriorating plumbing, rotting wood, and outdated electrical wiring; and WHEREAS, in response to these conditions, the CRA's Board of Commissioners passed Resolution Nos. CRA-R-13-0068 & CRA-R-14-0052, which authorized the issuance of a grant, in an amount not to exceed $15,033,333, to Town Park Plaza North Condominium Association, Inc. for the rehabilitation of the Town Park Plaza North property. In an effort to leverage its own funding support for the Project, the CRA applied for and received grant funding totaling $750,000 from both the Federal Home Loan Bank of New York and the Federal Home Loan Bank of Atlanta; and WHEREAS, to further leverage funding for the rehabilitation, the CRA also applied to HFSF for a C1(P of Miami Page 1 of 2 File Id: 16-00015 (Version: 1) Printed On: 1/14/2016 File Number: 16-00015 grant to assist with the construction of a new playground at Town Park Plaza North ("Playground Project"). As part of the grant application Mastermind Construction, Inc., the general contractor for the Town Park Plaza North rehabilitation project, committed to donating $30,000 towards the Playground Project; and WHEREAS, the CRA was awarded $75,000 as a result of the application; and WHEREAS, HFSF grant payments will be made to the CRA in three installments as detailed below: • 45% up front (once conditions A.1-A.8 of the grant agreement are met); • 45% after 6 months (after the mid -project progress report is submitted); and • 10% at project close-out; and WHEREAS, this Resolution also allocates funding in the amount of $75,000 which will be reimbursed to the CRA based on the installment payment scheduled above; and WHEREAS, the Board of Commissioners wishes to accept the grant from HFSF and authorize the Executive Director to administer the grant; and WHEREAS, the Board of Commissioners finds that such a grant would further the aforementioned redevelopment goals and objectives; 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 accepts a grant, in the amount of $75,000, from the Health Foundation of South Florida, Inc. ("HFSF") for use in the construction of a new playground at Town Park Plaza North, 475 N.W, 19th Street, Miami, FL. Section 3. The Board of Commissioners hereby authorizes the Executive Director to administer the grant, Section 4. The Executive Director is authorized to execute all documents necessary for the purposes set forth above. Section 5. Funds 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. APP"OVED AS TO FORM AND LEGAL SUFFICIENCY: k_ RENEE A. JADUSI STAFF COUNSEL City of Miami Page 2 of 2 File Id: 16-00015 (Version: 1) Printed On: 1/14/2016