HomeMy WebLinkAboutCRA-R-16-0003 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-00016 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY RATIFYING
THE EXPENDITURE OF FUNDS IN THE AMOUNT OF $69,638.55 FOR THE
PAYMENT OF 2015 REAL ESTATE PROPERTY TAXES AT THE OVERTOWN
SHOPPING CENTER LOCATED AT 1490 N.W. 3RD AVENUE, MIAMI, FL 33136;
FUNDS TO BE ALLOCATED FROM SEOPW TAX INCREMENT FUND, ENTITLED
"OTHER CURRENT CHARGES AND OBLIGATIONS," ACCOUNT CODE NO.
10050.920101.549000.00000.0000.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") 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, Goals 4 and 6, at page 11, of the Plan lists the "creati[on of] jobs within
the community," and "improving the quality of life for residents" as a stated redevelopment goals; and
WHEREAS, Section 2, Principle 4, at page 14, of the Plan provides that "employment
opportunities be made available to existing residents..." as a stated redevelopment principle; and
WHEREAS, Section 2, Principle 6, at page 15, of the Plan provides that in order to "address
and improve the neighborhood economy and expand economic opportunities of present and future
residents and businesses[,] ... [it is necessary to] support and enhance existing businesses and ...
attract new businesses that provide needed services and economic opportunities ...;" and
WHEREAS, the Pian at pages 62-63, identifies the N.W. 3rd Avenue Neighborhood Center as
becoming a thriving mixed -use area, which requires the CRA to "attract new businesses to N.W. 3rd
Avenue in anticipation of [surrounding residential development];" and
WHEREAS, the CRA currently owns the Overtown Shopping Center and is leasing space to
businesses for commercial use. This is not a tax exempt use of the Property; as such property taxes
must be paid; and
WHEREAS, the Board of Commissioners wishes to ratify the expenditure of funds in the
amount of $69,638.55 for the payment of the 2015 real estate property taxes at the Overtown
Shopping Center located at 1490 N.W. 3rd Avenue, Miami, FL 33136; and
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further
the above mentioned 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:
City of Miami Page I of 2 File Id: 16-00016 (Version: I) Printed On: 1/I3/2016
File Number: 16-00016
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 ratifies the expenditure of funds in the
amount of $69,638.55 for the payment of the 2015 real estate property taxes at the Overtown
Shopping Center located at 1490 N.W. 3rd Avenue, Miami, FL 33136.
Section 3. Funds are to be allocated from SEOPW Tax Increment Fund, "Other Current
Charges and Obligations," Account Code No. 10050.920101.549000.00000.0000.
Section 4. This Resolution shall become effective immediately upon its adoption.
AP VED AS TO FORM AND LEGAL SUFFICIENCY:
RtEEA. JADUSINGH\)
STAFF COUNSEL
City of Miami Page 2 of 2 File Id: 16-00016 (Version: 1) Printed On: 1113/2016