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HomeMy WebLinkAboutSummary FormFILE ID: Date: 2/15/14 AGENDA ITEM SUMMARY FORM 14-00337 Requesting Department: CIP Commission Meeting Date: 5/8/14 District(s) Impacted: 5 Type: ®Resolution Ordinance n Emergency Ordinance ❑ Discussion Item Law Department Matter ID No. I Other Subject: Resolution authorizing the City Manager to accept the award and appropriation of the SEOPW CRA Grant for the Gymnasium at Gibson Park, Project No. B-30305B; and to further authorize to negotiate and execute a related Addendum to the SEOPW CRA Grant Agreement, Purpose of Item: To authorize the City Manager to accept Grant Funds and to appropriate said Grant Funds in the amount of $1,000,000, from Southeast Overtown/ParkWest Community Redevelopment Agency ("SEOPW CRA") and to further authorize the execution of an Addendum, in substantially the attached form, to the SEOPW CRA Grant Agreement, for said purpose. Background: The City of Miami ("City") and the Southeast Overtown/ParkWest Community Redevelopment Agency have previously entered into an Agreement, ("SEOPW CRA Grant") dated May 12, 2009, regarding funding for renovations at the City's Gibson Park, located at 401 NW 12th Street, Miami, Florida ("Gibson Park"). In response to the community's request for additional upgrades to the gymnasium at Gibson Park, the Miami Foundation, Inc. ("Foundation") c/o The Play to Win Fund, a Florida non-profit corporation, has committed to provide funding, in an amount not to exceed $1,000,000 ("Foundation Grants Funds"). The City Commission has authorized the City Manager to accept the Foundation Grant Funds and to appropriate said Foundation Grant Funds, to execute a Grant Acceptance Agreement in the amount of $1,000,000. Foundation Grant Funds will serve as an equal match to the additional funding for the Project to be provided by SEOPW CRA, previously authorized, pursuant to Resolution No. CRA-R-13-0046. The City Manager is respectfully requesting the acceptance of the award and appropriation of the related SEOPW CRA Grant for the Project and to negotiate and execute the related Addendum to the SEOPW CRA Grant Agreement. Budget Impact Analysis YES Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CRA Project #92-689001 (Award# 1394) CIP Project No: B-30305B YES Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $1,000,000 Final Approvals (SIGN AND DATE) CIP N/A Bud / - -47° If using or receiving capital funds Grants N/A Risk Management Purchasing N/A Dept. Director Chief City Manag N/A /gbo