HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 42 -Gle'2 r
Law Department
Matter ID No.
Date: 3/16/12 Requesting Department: CIP
Commission Meeting Date: 4/12/12 District(s) Impacted: ❑i ❑2 03 04 ®5
Type: ® Resolution n Ordinance n Emergency Ordinance ❑ Discussion Item n Other
Subject: Grant acceptance from the Southeast Overtown/Park West Community Redevelopment Agency for
the design and construction of an indoor gymnasium at Gibson Park.
Purpose of Item:
To authorize the acceptance of a grant from the Southeast Overtown/Park West Community Redevelopment Agency,
in an amount not to exceed $2,800,000, for the design and construction of an indoor gymnasium to be located at
Gibson Park, 401 Northwest 12th Street, Miami, Florida. This resolution further authorizes the City Manager to execute
Amendment No. 2 to the Grant Agreement and all necessary documents necessary for said purpose.
Background Information:
Pursuant to Resolution No. CRA-R-09-0012, adopted February 23, 2009, the Board of Commissioners of the
Southeast Overtown/Park West Community Redevelopment Agency (SEOPW CRA) authorized the issuance of a
grant in an amount not to exceed $1,000,000 to the City of Miami (City) for the renovation of Gibson Park. Pursuant
to Resolution No. CRA-R-09-0012, the SEOPW CRA and the City entered into a Grant agreement on May 12, 2009.
The Board of Commissioners of the SEOPW CRA, by Motion on File No. 10-00327, passed and adopted on March
15, 2010, authorized the issuance of a grant in an amount not to exceed $8,000,000 plus interest to the City for the
renovation of Gibson Park, in the form of payment of the debt service on the Sunshine State Loan. Pursuant to the
Motion on File No. 10-00327, the SEOPW CRA and the City entered into a First Amendment to the Grant Agreement
on October 31, 2011.
The Board of Commissioners of the SEOPW CRA, by Resolution No. CRA-R-11-0058, passed and adopted on
November 28, 2011, authorized the issuance of a grant in an amount not to exceed $2,800,000 to the City for the
design and construction of an indoor gymnasium to be located in Gibson Park. The City wishes to accept the grant and
enter into a Second Amendment to the Grant with the SEOPW CRA for the renovation of Gibson Park.
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CIP N/A Budget N/A
If using or receiving capital fu /A Risk Management N/A
Grants
Purchasing N/ Dept. Direct %'� �
Chief � City Manag
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Project Manager: Carlos Vasquez