HomeMy WebLinkAbout11-00450 05-31-2011-LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 11-00450 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $50,000 TO GC
LOUNGE, INC. TO UNDERWRITE A PORTION OF THE COST ASSOCIATED
WITH THE INTERIOR BUILD OUT OF THE COMMERCIAL SPACE LOCATED AT
697 NORTH MIAMI AVENUE; REQUIRING GRANTEE TO CREATE FIFTEEN (15)
NEW PERMANENT JOBS; AUTHORIZING THE EXECUTIVE DIRECTOR, AT HIS
DISCRETION, TO DISBURSE THE GRANT ON A REIMBURSEMENT BASIS OR
DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND
SATISFACTORY DOCUMENTATION; AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE,
IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM
SEOPW TAX INCREMENT FUND, "SEOPW OTHER GRANTS AND AIDS,"
ACCOUNT CODE NO. 10050.920101.883000.0000.00000.
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 its approved Redevelopment Plan ; and
WHEREAS, on September 20, 2011, the Board of Commissioners passed and adopted the
Film - Media grant program; and
WHEREAS, Section 2, Goal 4/Principle 4, at pages 11 and 14, of the 2009 Southeast
Overtown/Park West Redevelopment Plan lists the "[creation of] jobs within the community," and
providing "variety in employment opportunities," as stated redevelopment goals; and
WHEREAS, the CRA seeks to develop the Redevelopment Area as an attractive location for
those professionals and entities involved in the film, media entertainment, and film -support
businesses; and
WHEREAS, in exchange for a $50,000 grant ("Grant"), GC Lounge, Inc. has agreed to create
15 new jobs within 60 days of obtaining a Certificate of Use for its restaurant located at 697 North
Miami Avenue; and
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.
City of Miami Page 1 of 2 File Id: 11-00450 (Version: 1) Printed On: 5/25/2011
File Number: 11-00450
Section 2. The issuance of a Grant in an amount not to exceed $50,000, to GC Lounge, Inc. to
underwrite a portion of the cost associated with the interior build -out of commercial space located at
697 North Miami Avenue, in exchange for creating 15 new jobs, is authorized.
Section 3. The Executive Director is authorized, at his discretion, to disburse grant on a
reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory
documentation.
Section 4. The Executive Director is authorized to execute all documents necessary for said
purpose, in a form acceptable to General Counsel.
Section 5. Funds are to be allocated from SEOPW Tax Increment Fund,"SEOPW Other
Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.
Section 6. This resolution shall become effective immediately upon its adoption .
APPROVED AS TO FORM AND CORRECTNESS:
JULIE O. BRU
GENERAL COUNSEL
City of Miami Page 2 of File Id: 11-00450 (Version: 1) Printed On: 5/25/2011