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HomeMy WebLinkAboutBack-Up Documents3.1 SEOPW Board of Commissioners Meeting July 31, 2017 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Keon Hardemon Date: July 25, 2017 File: 2722 and Members of the CRA Board From: Clarence E. Woods, Executive Director Subject: SEOPW CRA Proposed General Operating & Tax Increment Fund Budget for Fiscal Year 2018 Enclosures: Exhibit A - CRA Proposed Budget BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") approve the attached Resolution adopting the proposed SEOPW CRA General Operating and Tax Increment Fund Budget for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018, and directing the Executive Director to transmit copies of the Budget to the City of Miami and Miami -Dade County. JUSTIFICATION: The SEOPW CRA is required to annually prepare a proposed budget and transmit the budget to the City of Miami and Miami -Dade County. This Resolution fulfills that requirement. Packet Pg. 5 Southeast Overtown/Park West Community Redevelopment Agency Legislation CRA Resolution CRA-R-17-0045 File Number: 2722 Final Action Date:713112017 A RESOLUTION! OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S PROPOSED GENERAL OPERATING AND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018 SET FORTH IN ATTACHMENT "A"; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF SAID BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. WHEREAS, the Southeast OvertownfPark West Community Redevelopment Agency ("CRA") 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; and WHEREAS, as a prerequisite to carrying out redevelopment activities for Fiscal Year commencing October 1, 2017 and ending September 30, 2018 ("FY 2018"), it is required that the CRA's Board of Commissioners approve the CRA's proposed Fiscal Year 2018 General Operating Budget and Tax Increment Fund Budget; and WHEREAS, pursuant to Interlocal Agreements, a copy of CRA's budget is required to be transmitted to the City of Miami ("City") and Miami -Dade County; and WHEREAS, all the expenses included in the budget are in accordance with state law, Interlace] Agreements, and the Plan; and WHEREAS, in the event that the City authorizes a cost of living adjustment for all City employees, the Executive Director, as a City employee, shall be entitled to the same; and WHEREAS, the Board of Commissioners wish to approve and adopt the CRA's proposed General Operating and Tax Increment Fund Budget for the FY 2018 set forth in Attachment "A"; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWNIPARK 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 Southeast Overtown/Park West Community Redevelopment Agency's General Operating and Tax Increment Fund Budget for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018, set forth in Attachment "A," is hereby approved and adopted. City of Miami Page 1 of 2 Fite ID: 2722 (Revision: A) Printed On: 8/ /2017 File ID: 2722 Enactment Number: CRA-R-17-0045 Section 3. The Executive Director is directed to transmit a copy of said budget to the City of Miami ("City") and Miami -Dade County. Section 4. In the event that the City authorizes a cost of living adjustment for all City employees, the Executive Director of the CRA, as a City employee, shall be entitled to the same. Section 5_ This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: \C- RerieTJadusiTigh, Staff Cta.nsei /2017 City of Miami Page 2 of 2 File ID: 2722 (Revision: A) Printed on: 8/7/2017 SEOPW GENERAL OPERATING TAX INCREMENT FUND BUDGET FY2018 PROPOSED BUDGET FY2017 AMENDED BUDGET BUDGET VARIANCE REVENUES CITY OFMIAM€- TAXINCREMENT (ORIGINAL BOUNDARIES) $10,377,451 $10525,607 ($148,156) MIAMI DADE COUNTY - TAX INCREMENT (ORIGINAL BOUNDARIES) $6,515,446 $6,424,109 $91,337 CITY OF MIAMI - TAX INCREMENT (EXPANDED BOUNDARIES) $643,508 $483,646 $159,862 MIAMI DADE COUNTY - TAXINCREMENT(EXPANDEDBOUNDARIES) S404,683 $295,185 $109,498 CITY OF MIAMI- TAX INCREMENT (PARE WEST ADDITION) $414,240 $363,837 550,403 MIAMI DADE COUNTY - TAX INCREMENT (PARK WEST ADDITION) 5261,143 $222,061 $39,082 CONTRIBUTION FROM THE CHILDREN TRUST FUND S758,074 $753,293 $4,781 GRANT FROM EPA (FEDERAL GOVERNMENT) $90,000 ($90,000) 2017 UNAUDITED FUND BALANCE - 7/13/17 $26,915,529 S29.550,417 (52.634,8881 TOTAL REVENUE ___ S46,290,074 $48,708,155 (52,413081) REDEVELOPMENT EXPENDITURES PROFESSIONAL SERVICES - LEGAL 5512,133 $245,561 $266,572 ACCOUNTING AND AUDIT $31,000 $200 $30,800 PROFESSIONAL SERVICES - OTHER 52,161,804 $2,786,731 -$624,927 OTHER CONTRACTUAL SERVICES $568,519 $385,130 $183,389 LAND $291,795 51,316,794 •51,024,999 INTERFUND TRANSFER (Grant) 511,075,084 $8,787,323 $2,287,761 DEBT SERVICE PAYMENT 54,521,875 $4,519,125 52,750 CONSTRUCTION EN PROGRESS $296,611 5327,630 -531,019 OTHER GRANTS AND AIDS $22,978,579 $26,989,825 -$3,9I1,246 TOTAL REDEVELOPMENT EXPENDITURES $42,437,400 $45,258,319 (52,820,919) REGULAR SALARIES $1,158,306 $3,083,306 575,000 FICATAXES 583,610 $82,873 $5,738 LIFE AND HEALTH INSURANCE $173,014 5173,014 $0 RETIREMENT CONTRIBUTION $107,329 $102,079 $5,250 FRINGE BENEFITS 518,300 518,300 SO OTHER CONTRACTUAL SERVICE 592,566 592,566. SO TRAVEL AND PER DIEM $30,000 $30,000 $0 UTILITY SERVICE 564,401 $64,401 $0 INSURANCE $139,555 5139,555 $0 OTHER CURRENT CHARGE 559,000 559,010 S0 5UPPUE5 512,000 $12,000 $0 OPERATING SUPPLIES 512,000 $12,000 $0 SUBSCRIPTION MEMBERSHIP/TRAINING $15,000 $15,000 $0 MACHINERY AND EQUIPMENT 53,000 $3,000 $0 ADVERTISING $35,000 $35,000 $0 RENTAL AND LEASES $67,000 $67,000 $0 POSTAGE $2,000 $2,000 $0 REPAIR/MAINTENANCE - OUTSIDE 52,000 $2,000 $0 INTERFUND TRANSFER $30,000 $30,000 $0 BUDGET RESERVE - ADMINISTRATION $240,000 5240,000 $0 TOTAL ADMINISTRATIVE EXPENDITURES $2,349,081 52.253.04 $85,988 Revenue Shortfall Reserve a) FY 2013 Carryover Fund Balance (Surplus) $314,134 $314,134 - d) FY 2014 Carryover Fund Balance (Surplus) $512,015 $512,015 - c) FY 2015 Carryover Fund Balance (Surplus) $360,593 $360,593 • d) FY 2016 Carryover Fund Balance (Surplus) $316,851 S0 316,851 TOTAL REVENUE SHORTFALL RESERVE $1,503,593 $1.186.742 $316,851 TOTAL FUND BALANCE $46,290,074 548,708,155 ($2,418,081) 2D18 TIF Rerenur 2018 Adlninistratiue Eapend€toles %Admini.tr INe Fap / 201e TIF Rave-nue $0.00 5113,618,471 1,349,DB1 13% Iola Budget Reserve 21,103593 Total 201R Budget $e6,290 074 % 1TIa Budget Reserve / Total 20l6 Budget 3% Description Category Resort Encumbrance Amount Amount Expended Remaining Balance Carr/ Over 2018 TIE Revenue Professional Services • Legat 1 2015 Holland & Knight, tLC a. to provide specialized legal services to the CRA. (Additional Funding derived from a reimbursement of the bond proceeds) Legal Services 15-0006 $200,000 $190,417. $9,583 59,583 50 2 2016 Holland & Knight, LLC a, to provide specialized legal services to the CAA. Legal Services 16-0019 $200,000 $197,451 $2,549 52,549 50 3 2017 Holland & Knight, LLC a. to provide specialized legal services to the CRA. Legal Services NR $200,000 $0 5200,000 $200,000 $0 4 2C18 Holland & Knight, tLC a. to provide specialized legal services to the CRA. Legal Services NR $300,000 $0 $300,000 $0 $300,000 Accounting and Audit 5 2016 External Audit-Sanson Kline Jacomino & Company, LIP External Audit 13-0045 $31,000 $0 $31,000 50 531,400 Professional Services - Other _ 6 Professional planning services in connection with the preparation of the "Qvertown Special Area Plan for Qvertown Folk Life Village" Consultant NR 5275,000 50 5275,000 5275,000 50 7 Update of DR1 and Feasibility Study of Extending Life of the SEOPW CRA/E.L Waters and Co. Consultant 17-0011 $335,000 595,000 $240,000 5240,000 $0 8 Amended Redevelopment Plan/Feasibility Plan Infrastructure (Planning) NR $500,000 $0 5500,000 $500,000 $0 9 Reimbursement to the CRA for expenses incurred in obtaining and updating SEOPW regional impact development order in an amount of 5165,691, Available funds for update of QR1 and Fesibitity Study. Infrastructure (Planning) 12-0006 5165,691 $0 $165,691 $165,691 50 10 Available for Marketing Services - $115K out of 5200K Public Relations Company 14.0070 5200,000 530,000 529,457 5543 $543 $0 11 Radio Advertisements - AM 1490 WMOM Advertising 16-0001 $16,000 511,850 $4,150 $4,150 $0 12 2016 Available for Marketing Services Miscellaneous Marketing Expenses 2017 Budget 584,000 $80,122 $3,878 $3,878 $0 13 Exclusive Management & Leasing Agreement with WLS, LC.., Florida Limited Company D/B/A NAI Miami Commercial Real Estate Services. Sob Creation / Economic Develop. 13.0013 16-0003 $200,004 $178,299 $21,701 $21,701 $0 14 Available funds for 2016 Property Management Service - Community Center / Contingency for Capital Repairs (Shopping Center and Community Center) Administration NR $200,000 $0 $200,000 $200,000 $0 $512,133 $31,000 2 Description Category I Resos Encumbrance Amount Amount Expended Remaining Balance Carry Over 2018 TIF Revenue Professional Services - Legal I 15 Leo A. Daly Company to perform architectural services , Consultant 15-0052 5400,000 $303,640 596,360 596,360 $0 16 Design 2 Form - 224 NW 16th St and 1900 NW 2nd Court Consultant 15-0051 $120,000 554,435 565,565 565,565 50 17 Financial Assessment Convention Center Consultant 16-0026 56,000 50 $6,000 56,000 $0 18 Professional Services agreement with United Architects, Inc. in an amount not to exceed $84,925,40 to provide architectural and engineering plans the remodeling and addition of rooftop terrace at 925 NW 2nd Court. Consultant 17-0027 $84,925 $0 $84,925 584,925 50 i 19 Governmental representation lobbying services - Colodny Fass Consultant 17.0039 $32,500 $0 532,500 $32,500 $0 20 Available for Other Professional Services - FY 2017 Budget - $571,367 Administration NR $465,490 50 $465,490 $465,49D $0 Other Contractual Services 21 Available TIF Funds for Horsepower Electric, Inc. for Streetlight Maintenance (Outside Scope of Work - Expenditures under $4,500). Quality of Life NR $25,000 517,545 $7,455 57,455 SO 22 Street Light Maintenance Agreement - Horsepower Electric Quality of Life 17.0002 $14,227 56,019 $8,208 $8,208 50 23 Renewal Option with Howard & Howard for Landscaping and Irrigation Services. Quality of Life 13.0629 $42,000 $41,700 $300 $300 $0 24 WeedAAway- Landscaping Service Quality of Life 16.004S $50,000 $40,821 $9,179 $9,179 50 25 Funds to be expended for the demolition of unsafe structures throughout the Redevelopment Area. Infrastructure 13.6005 $50,000 $14,113 $35,887 $35,887 $0 26 Fos the installation of the CIA's telephone system and other moving expenses in connection with the CRA's relocation at the Lyric Theater. Administration 14-0002 15-0002 $51,200 $51,143 $57 $57 SO 27 St John - Monitoring Compliance Affordable Workforce Housing (Capital Projects) Pursuant to St John Development Agreement ' $75,000 $45,000 $30,000 $30,000 $0 28 Available for Other Contractual Services (Contingency) Contractual Services NR 5477 432 $0 $477,432 5477.432 So Subtotal __ _ $4,630,466 SI,357,011 $3,273,455 52,942,455 $331,000 Total Budget Amount (Professional Services - Legal, Accounting and Audit, Professional Services - Other and Other Contractual Services} NR - No CRA Resolution R - CRA Resolution Passed $2,433,5115 $839,870 53,273,455 $2,161,804 $568,519 3 Desulptwn Category Resoa Encumbrance Amount Amount Expended Remaining Balance Carry Over 2018 TIF Revenue Interfund Transfer {Debt Service} 1 Grant to the City of Miami for the construction of the Gibson Park Project -First Amendment to Grant Agreement (Amortization Schedule) -Fourth Payment. Parks and Open Spaces 12-0045 5833,357 50 $833,357 $0 5833,357 2 Fy 2017 Global Agreement Payment (45%) Global Agreement 2007 Global Agreement $6,100,000 $5,207,467 $892,533 5892,533 $0. 3 FY 2018 Global Agreement Payment (45%) Global Agreement 2007 Global Agreement $5,200,000 $0 $5,200,000 $0 $5,200,000 4 Estimate Contribution to the City of Miami relating to the TM Rail Project infrastructure Interlocal Agreement 52,000,000 $0 $2,000,000 $0 $2,000,000 5 Available funds for the creation of the Overtown Police Unit. duality of life 15-0011 $700,000 $509,867 5190,133 $190,133 50 6 2015-2016 Policing Services • City of Miami Quality of Life 15-0057 5900,000 $737,637 $162,363 $162,363 $0 7 2016-2017 Policing Services - City of Miami Quality of Life 17.0004 $750,000 $461,376 $288,624 $288,624 $0 8 2017-2018 Policing Services - City of Miami Quality of Ufe NR $750,000 50 5750,000 50 5750,000 9 2018 Contribution to the Children Trutt Quality of Life Interlocal Agreement $758,074 $0 5758,074 $0 5758,074 Debt Service Payment 10 Available TIF Revenue for the Third Loan Payment - Debt Service Reserve Affordable Workforce Housing 14-0051 $4,521,875 $0 54,521,1175 50 $4,521,875 Purchase of Land 11 Purchase cif property anti land located at 921 NW 2nd Court and 925 NW 2nd Court. Affordable Workforce Housing 12-0012 $235,000 $223,556 $11,444 $11,444 $0 12 Available for purchase of land Affordable Workforce (lousing NR 5280,351 50 $280,351 $280,351 50 Subtotal S23,028,657 $7,135,902 515,888,755 51,225,449 514,063,306 Total Budget Amount {Interfund Transfer (Debt Service), Debt Service, Purchase of Land and Interfund Transfer (Grant) NR - Na CRA Resolution R - CRA Resolution Passed $7,880,958 $8,007,797 $15,888,755 511,075,084 $4,521,875 $291,795 4 Description Category Reso a Encumbrance Amount Amount Expended Remaining Balance Carry Over 2018 TIF Revenue Construction in Progress 1 Funds to be expended for the kitchen build -out of the property located at 3C0 NW 11th Street, Miami, Florida. Infrastructure 14-0064 $2,000,000 51,984,165 $15,835 515,835 50 2 Folk Life Club / Galfery (Pool Hall) located at 920 NW 2nd Ave Job Creation / Economic Development 14-0046 17-0009 5930,000 5956,539 -$26,939 -$26,939 50 3 Renovation and rehabilitatlonofthe Gvertown Shopping Center, 1490 NW 3rd Avenue, Miami, Florida. Addlliorral funding allocated in the amount of $2001(. Job Creation / Economic Development 13-0038 13-0042 14-0065 $1,550,000 51,546,618 $3,382 $3,382 $0 4 Repairs to the Black Police Precinct Infrastructure 15-0050 /additional funds $55,000. 16-0032 $120,000 $116,564 $3,436 $3,436 $0 5 Securing, prepping, demolation and painting of building located at 925 NW 2nd Ave. Infrastructure 14-0036 530,000 $29,848 $152 $152 $0 6 Securing, prepping, demolation and painting of building located at 425 NW 2nd Ave. Infrastructure 16-0044 $50,000 59,255 $40,745 $40,745 $0 7 Parking upgrades at the parking lots owned by the CRA Infrastructure 16-0033 $260,000 $0 $260,000 $260,000 $0 Subtotal $4,940 000 $4,643,389 S296,6I1 $296,611 $0 Total Budget Amount Construction In Progress NR - No CRA Resoiutlan R - CRA Resolution Passed $296,611 $296,a11 $296,611 5 Description Category Resew Encumbrance Amount Amount Expended Remaining faience Carry Over 2018 TIF Revenue Other Grants and Aids 1 Grant to MT2 Carver LLC to underwrite costs associated with the rehabilitation of the vacant commercial structure at 801 NW 3rd Avenue. Job Creation / Economic Development [Capital Project} 11-0034 5670,000 $663,108 56,892 56,892 50 2 MT Zion Carver Repair and Renovation Quality of Life (Programming) 15-0041 5280,000 $83,033 $196,967 $196,967 50 3 St. Peters American Catholic Church -40 Year Recertification and improvements quality of Life (Programming) NR $22G,537 $0 $226,537 $226,537 50 4 Grant for the rehabilitation of the Dunn Hotel. Sob Creation/ Economic Development (Capital Project) 14-0030 $850,000 $667,540 5182,460 $182,460 $0 5 Add Funds Grant for the rehabilitation of the Dunn Hotel. Job Creation/ Economic Development (Capital Project) NR 5380,000 50 5380,000 $380,000 $0 6 Additional funding to People Helping People Self Reliance, Inc. for the rehabilitation of property at 210 NW 16th Street, Miami, Florida. 6 units Affordable Workforce Housing (Capital Projects) 13-0063 14-0045 17-0012 S450,000 S427,387 $22,613 S22,613 $0 7 Housing rehabilitation agreements for the associations of Town Park Village, Town Park South, an Town Park North / Available Funding for other Residential Developments. Total Protect Funding $15Milllons Affordable Workforce Housing (Capital Projects) 12.0056 13-0068 14-0052 $13,265,175 59,033,223 $4,231,952 $4,231,952 50 7-1 Relocation of Town Paris Project North/Project Reserve Affordable Workforce Housing (Capital Project5l 14-0052 51,768,158 $1,I79,476 $568,662 $588,682 $0 8 Bridge Financing - Grant Amount - Town Park North Rehab Project Affordable Workforce Housing (Capital Projects) Funds related to the Town Park North Project 15-0004 $75,000 50 $75,000 575,000 $0 9 Playground at Town Park North - To be reimbursed by health Foundation of South Florida, Inc. (Award Amount $75,000)(Ta date amount collected 567,500) Affordable Workforce Housing (Capital Projects) 16-0002 $67,500 50 567,500 567,500 50 10 Town Park North - Contingency Affordable Workforce Housing (Capital Projects Assigned but net encumbered puouanl la resolution 5408.948 50 5408,94a $408,948 50 11 Contingency for Town Park South and Town Park Village • Rehabilitation Projects Affordable Workforce Housing (Capital Protects) NR 5280,765 526,325 5254,441. 5754,443 50 6 Description Category Resae _ Encumbrance Amount Amount Expended Remaining Balance Carry Over 2018 'OF Revenue Other Grants and Aids 12 Development Agreement with Overtown Gateway Partners, RC for the development of Block 45. Affordable Workforce Housing (Capital Projects) ' 144005-S3M 112,264,105 were °igO{ited 1° 2017 budget administration, these funds will be replenished once 2017 T1f revenues are collected In December 2016) 53,000,000 $0 $3,000,000 $3,000,000 50 13 Budget Reserve for Settlement Agreement of Block 46. CRA's agreement to remit 50% of the Inc Increment revenues generated from the Project to the Developer. (51,500,000 in the aggregate.) Affordable Workforce Housing (Capita) Projects) 14.0007 / Gran Central Loan indenture $1,000,000 $0 $1,000,000 51,000,000 $0 14 Rehabilitation of an eight (8) unit apartment building located at 472 NW 10th Street. Affordable Workforce Housing (Capital Projects] NR $220,000 $0 $220,000 $220,000 $0 15 Rehabilitation of Poinciana Village Residential Development / Settlement Agreement of Block 46. CRA's commitment to funding predevelopment expenses in an amount riot to exceed $500K, and the CRA's agreement to remit 50%of the tax increment revenues generated from the Project to the Developer. ($1,500,000 in the aggregate.) Affordable Workforce Housing (Capital Projects) 14-0007 $500,000 $460,031 $39,969 $39,969 $0 16 Construction of temporary parking at 276 NW 9th street, Miami, Florida to complement Carver Apartments and Shopper development. Infrastructure (Capital Projects) 13-0059 5120,000 S12,843 $107,157 $107,157 $0 17 Renovation and rehabilitation of the Over town Shopping Center, 1490 NW 3rd Avenue, Miami, Florida. Total grant amount $500,000 (CRA-R- 13.0042]. Out of [his amount $200,000 were transferred to the completion of the renovation of the shopping center/ Grant to Two Guys Restaurant for relocation to the new facility located at the Over town Shopping Center - 5150,000) / Grant to Caring Touch Barbershop -$100,000. Job Creation / Economic Development (Capital Project) 13-0038 13-0042 14.0027 14.0063 $200,000 $180,828 $19,172 $19,172 $0 18 Renovation and rehabilitation of the Over town Shopping Center, 1490 NW 3rd Avenue, Miami, Florida. loan to V5M0 $400K Job Creation / Economic Development (Capital Project) 15.0038 5400,C00 $407,834 •57,834 .57,834 50 7 Description Category Reno it Encumbrance Amount Amount Expended Remaining Balance Carry Over 2018 TIF Revenue Other Grants and Aids 19 Funds to be expended with the interior build - out of three additional retail bays at New Arena Square, 271 NW loth Street, Miami, Florida. Job Creation / Economic Development (Capital Project) 09-0039 12-0038 13-0058 S130,000 $61,593 $68,407 $68,407 50 20 Development Mixed Use - Mt Zion Commercial Space- renovations and tenants improvements - $150K"Groovin Bean Coffee Bar, $4,169.73 Black Keitt, 54,487.58 Nails Job Creation / Economic Development (Capital Project) 15-0016 (5600,0001 $48,000 $25,607 $22,393 $22,393 $0 20-1 BrotherFrazier's Ribs Job Creation/ Economic Development (Capital Project) 16-0021 $200,000 549,288 $150,712 5150,712 $0 20-2 Ultrina Harris - Cuvertown Shopping Center - Funding Derived from CRA-R-15- 0016 Job Creation / Economic Development (Capital Project) 16-0020 592,000 $50,575 $41,425 541,425 S0 20-3 Groove" Sean - Funding Derived from CRA-R-15- 0016 Jab Creation / Economic Development (Capital Project) 15-0016 S150,040 $109.625 $41,375 541,375 50 20-4 Gerald Graphics - Funding Derived from CRA-R-35- 0016 Job Creation / Economic Development (Capital Project) 16-0007 $110,060 $107,692 $2,308 52,308 $0 21 Jackie's House Restaurant located at 1495 NW 3rd Avenue - Funding derived From CRA-R-15-0016 Job Creation / Economic Development (Capital Project) NR $200,000 $0 $200,000 $200,000 $0 22 Grant to the City of Miami For additional funding relating to the design. and construction of an indoor basketball gymnasium at Gibson Park. Parks and Open Spaces (Capital Projects) 13-0030 $600,000 5556,153 $43,847 $43,847 $0 23 Grant to the City of Miami for the renovation of Gibson Park Parks and Open Spaces (Capital Projects) 09-0012 $1,000,000 $891,346 5108,654 $108,654 50 24 Installation of a Purvis Young "Tribute" mural along the Metroraif guideway at NW llth Street and NW 3rd Avenue. Quality of Life (Programming) 14-0068 Additional Funds in the amount of 510K were added. Funds to be approved on June 26, 2017 17-0040 5112,000 102,065 59,935 59,935 56 25 2016 Grant to Human Resource Staffing of Miami, Inc., to manage and operate a job creation/training program that will provide beautification and landscape maintenance services of various locations throughout the redevelopment area. Job Creation / Economic Development (Programming) 16-0008 16-0054 $360,000 5357,889 52,111 $2,111 $0 a Description Category Reso 1 Encumbrance Amount Amount Expended Remaining Balance Carry Over 2018 TIF Revenue Other Grants a nd Aids 26 2017 Grant to Human Resource Staffing of Miami, Inc-, to manage and operate a job creation/training program that will provide beautification and landscape maintenance services of various locations throughout the radevelonment area Job Creation / Economic Development (Programming) 17-0013 5320,000 575,341. 5244,659 5244,659 50 27 2018 Grant to Human Resource Staffing of Miami, inc., to manage and operate a job creation/training program that will provide beautification and landscape maintenance Jab Creation / Economic Development (Programming) NR 5320,000 S4 5320,000 $0 $320,000 28 Professional services agreement. with Circle of One Marketing, Inc to perform venue operations and management services at the "OPAL'. Job Creation / Economic Development (Programming) 17-0010 S220,000 $21,818 5198,182 5198,1132 $0 29 Grant to Miami Dade College to underwrite costs associated with the continued operation of the Hospitality institute Job Training and Job Placement Program. Job Creation / Economic Development (Programming) 13-0006 5300,000 52133,168 $16,832 $16,832 $0 30 2016 Grant to Miami Dade College to underwrite costs associated with the continued operation of the Culinary Institute Program and Hospitality Institute.. Job Creation / Economic Development (Programming) 16-0023 $165,000 5135,456 529,544 529,544 50 31 2017 Grant to Miami Dade College to underwrite costs associated with the continued operation of the Culinary Institute Program and Hospitality institute. Job Creation / Economic Development (Programming} NR $165,000 $0 $165,000 $155,000 $0 32 Culinary Institute EDA Award ($900K)-To date reimbursed amount is 5310,000. Funds will he used towards the operation of the Culinary Institute Program Job Creation / Economic Development (Programming) NR $900,000 $0 $900,000 $900,000 $0 33 2017 Grant to Hospitality Employees Advancement & Training Job Creation / Economic Development (Programming) 17-0014 $300,000 50 $300,000 5300,000 50 34 2014 Grant to New Washington Heights Community Development Conference, Inc for the monthly open-air market that showcases various local vendors on the 9th Street Pedestrian Mall. Job Creation / Economic Development (Programming) 14-0017 $80,000 $77,949 $2,051 $2,051 $0 Description Category Res° a Encumbrance Amount Amount Eepended Remaining Balance Carry Over 2018 TV Revenue Other Grants and Aids 35 2015 Grant to New Washington Heights Community Development Conference, Inc for the monthly open-air market that showcases various local vendors on the 9th Street Pedestrian Mall. Job Creation/ Economic Development (Programming) 14-0072 $110,000 $105,919 54,081 54,081. $0 36 2016 Grant to New Washington Heights Community Development Conference, Inc for the monthly open-air market that showcases various focal vendors on the 9th Street Pedestrian Mall. Job Creation / Economic Development (Programming) 15-0056 5120,000 $128,281 -$8,281 -$8,281 S0 37 2017 Gram to New Washington Heights Community Development Conference, Inc for the monthly open-air market that showcases various local vendors on the 9th Street Pedestrian Mall, Job Creation/ Economic Development (Programming) 17-0003 5120,000 $37,164 $82,836 $82,836 50 38 Grant to Suited for Success, Inc. for Training and Professional Attire to Job Seekers, Job Creation/ Economic Development {Programming) 15-0003 $50,000 $49,897 $103 $103 $0 39 Grant to Suited for Success, Inc. for Training and Professional Attire to Job Seekers. Job Creation / Economic Development (Programming) 16-0022 S110,000 598,609 $11,391 S11,391 S0 40 Grant to Suited for Success, Inc. for Training and Professional Attire to lob Seekers. Job Creation / Economic Development (Programming) 17.0015 5112,000 50 $112,000 $112,000 $0 41 Grant for 201S Summer Youth Training Institute Job Creation / Economic Development (Programming) 15-0015 S226,000 $209,428 $16,572 $16,572 50 42 Grant for 2016 Summer Youth Training institute Job Creation/ Economic Development (Programming) 16.0024 $205,000 5180,912 $24,0E18 S24,088 $0 43 Grant for 2017 Summer Youth Training Institute Job Creation% Economic Development (Programming) 17-0029 5220,000 598,556 $121,344 $121,344 SO 44 Grant for 2018 Summer Youth Training institute Job Creation / Economic Development (Programming) NR $220,000 5220,000 50 $220,000 4S 2017 Grant to Neighbors and Neighbors Association, Inc. to underwrite costs associated with the continued operation of the Business Incubator and Development Program and the operation of the Community Workforce Training Program. Job Creation / Economic Development (Programming) 17-0017 5200,000 $18,178 $181,822 $191,822 $0 13 Description Category Reso 8 Encumbrance Amount Amount. Expended Remaining Balance Carry Over 2018 ?lFRevenue Other Grants and Aids 46 2018 Grant to Neighbors and Neighbors Association, Inc. to underwrite costs associated with the continued operation of the Business incubator and Development Program and the operation of the Community Workforce Training Program. Job Creation / Economic Development (Programming) 5200,000 $200,000 $0 $200,000 47 Available funds for grant to World Literacy Crusade of Florida, Inc. / Architectural Services "Mama Hattie's House" Job Creation / Economic Development (Programming) Perinterlocal Agreement / 16-0013 $340,419 SO S340,419 $340,419 48 Grant to villas of St. Agnes Condominium Association, inc. to underwrite costs associated with the installation of perimeter fencing surrounding the St. Agnes development. Infrastructure (Capital Projects) 14-0018 $150,000 $133,659 516,142 $16,342 49 Funds to be expended for installation of the Lyric Plaza, located at 831 and 841 NW 2nd Avenue, Miami, Florida, Infrastructure (Capital Projects) 13.3049 5185,000 $27,035 $157,965 $157,965 50 Grant to the Black Archives for Archival Collection, Marketing and Cultural Heritage Institute. Arts and Culture (Programming) 14-0003 5572,000 5562,517 $9,483 59,483 $0 51 2017 Grant to the Black Archives for Archival Collection, Marketing and Cultural Heritage Institute for 2017 calendar year. Arts and Culture (Programming) 17-0042 $500,000 S0 S500,000 5500,000 $0 52 2018 Grant to the Black Archives for Archival Collection, Marketing and Cultural Heritage Institute for 2018 calendar year. Arts and Culture (Programming) NR $500,000 $0 5500,000 $0 $500,000 53 Commercial Lease Agreement with the Black Archives for the lease of office space for the CPA's administrative offices. (For two years) Administration / Arts and Culture (Programming) 14.0002 $144,000 $138,000 56,000 $6,000 50 S4 2017 Grant to the Black Archives for renovation of the Historic OA Dorsey House./Loan Reimbursement received from the Black Archives Foundation ($191,398). Infrastructure/ Arts and Culture (Programming) 17-0041 $150,000 $0 $150,000 $iso,000 $0 55 2017 Funds to be used for the Overtown Music Festival. Miami Foundation Grant Arts and Culture (Programming) 17-0016 $225,000 $92,957 $132,043 $132,043 $0 56 2018 Funds to be used for the Overtown Music Festival. Miami Foundation Grant Arts and Culture (Programming) NR 5225,000 $0 $225,000 $0 $225,000 57 Funds to rehab the building located at 240 NW 17th Street, Miami Florida•9 units Affordable Workforce Housing (Capital Projects) 14.0061 $450,000 5415,117 534,883 534,883 $0 I Description Category Reso 9 Encumbrance Amount Amount Expended Remaining Balance Carry Over 2018 TIP Revenue Other Grants and Aids 58 2016 Holiday Tree Lighting Event Arts and Culture (Programming) 17-0006 521,736 $20,750 5986 $986 SO 59 2017 Holiday Tree Lighting Event Arts and Culture (Programming) NR 520,000 SO $20,000 $20,000 SO 60 Rehabilitation of "People's Bar B Que" Job Creation / Economic Development (Capital Project) 14.0075 $1,000,000 5812,093 $167,907 $187,907 $0 61 Add Funds Rehabilitation of "People's Bar B Que" Job Creation / Economic Development (Capital Project) NR 5350,000 50 $350,000 $350,000 $0 62 Grant for construction of "Harlem Square" Jab Creation / Economic Development (Capital Project) 14.0076 51,250,000 $60,077 $1,189,923 $1,189,923 $0 63 Work readiness orientation and training sessions for manufactures construction lass held at the Lyric Theater Job Creation/ Economic Development (Capital Project) 16-0053 $15,040 $20,769 -$5,760 -$5,760 $0 64 Work readiness orientation and training sessions for manufactures construction class held at the Lyric Theater Job Creation / Economic Development (Capital Project) 17.0007 525,000 $15,500 $9,500 S9,500 50 65 Grant to the Black Archives for installation of visual equipment Arts and Culture (Programming) 13-0052 566,000 S65,857 $144 $144 $0 66 Professional Services Agreement with Harold A. Johnson Consulting - ArliarnI World Center Job Creation / Economic Development (Programming) 15-0024 $450,000 $444,167 $5,833 55,833 $0 67 Grant to Charles Lowell Realty Investment - 1767 NW 3rd Avenue - 18 Units Affordable Workforce Housing (Capital Projects) 1S•0020 15.0055 5585,000 S0 $585,000 $585,000 $0 68 5T John 2nd Amendment CvertownSignage Affordable Workforce Housing (Capital Protects) Pursuant to Development Agreement $100,000 $0 5100,000 $400,000 50 69 2016 American Black Film Festival Arts and Culture (Programming) NR 550,000 S0 $50,000 $50,000 $0 70 2015 Annual Revolt Film Festival Arts and Culture (Programming) 15-0040 $150,000 $139,753 510,247 510,247 $0 71 2017 Art Basel. Arts and Culture (Programming) NR $140,000 $0 $140,000 $140,000 $0 72 7018 Art Basel Arts and Culture (Programming) NR $140,000 50 $140,000 $0 S140,000 73 Emergencyrepairuto the Former Law Office of the Honorable Judge Lawson Edward Thomas located at 1021 NW 2nd avenue. Infrastructure (Capital Projects) 16.0048 $100,000 $0 $140,000 $100,000 $0 12 Description Category Reso 8 Encumbrance Amount i Amount Expended Remaining Balance Carry Over 2018 TIP Revenue Other Grants and Aids 74 Grant man amount not to exceed 5235,000 ($150K lMLS/$85K CRA) to the City of Miami Black Police Precinct and Courthouse Museum. ArtS and Culture (Programming) _ 16.0047 585,000 52,693 $82,307 582,307 $0 75 Grant in an amount not to exceed $10,000,to World Literacy Crusade of Florida, Inc - 2017 Girl Power STEAM Summer Camp. Job Creation / Economic Development (Programming) 17-0025 510,000 50 510,000 $10,000 50 76 Grant to Nicole Gates and Karim in an amount not to exceed 550,000, for the interior huid out of Lit Greenhouse Grill located at 1300 NW 3rd Avenue. Job Creation / Economic Development (Programming) 17-0026 $50,000 $0 $50,000 550,000 50 77 Grant to Community Work Training Program, Inc. in an amount not to exceed 5150,000 fora job training program. Job Creation / Economic Development (Programming) 17-0028 $150,000 50 $150,000 5150,000 $0 78 Grant to Felicia and Derick Pearson , in an amount not to exceed $357,000, for the interior build out of Code Fever Miami located at 937 NW 3rd Ave. Job Creation / Economic Development (Programming) 17-0030 5352,000 $0 $352,000 $352,000 50 79 Reserve to pay Gran Central Loan 51,708,864 Infrastructure (Capital Projects) Loan Agreement $1,708,864 50 $1,708,864 $1,358,274 $350,590 80 Available for Other Grants and Aids Job Creation / Economic Development (Capital Project) NR $140,078 50 5140,078 5140,078 81 Available for Other Grants and Aids Job Creation / Economic Development (Capital Project) NR 5675,568 $0 $675,568 $0 $675,568 5ubtota1 542,902,748 $19,924,169 $22,978,579 520,347,421 $2,631,158 Total Budget Amount Other Grants and Aids NR - No CRA Resolution R - CRA Resolution Passed 55,081,623 517,896,955 122,978,57 $22,978,579 13 Position Executive Director Assistant Executive Director Architect Financial Officer In House Legal Counsel Marketing Coordinator Grant Writer Agenda Administrator/Assistant to the Executive Director Assistant Financial Officer Business Coordinator Community Liaison Pro(ectInspector Administrative Assistant Office Assistant Accumulated Annual Leave Contingency for Salary Increases (COLA 3%) or Promotions Regular Salaries Fica taxes Executive Director Financial Officer Other CRA Staff Employee's Contribution Contingency Life and Health Insurance SEOPW $149,000 $123,000 5105,987 $104,906 $88,000 $66,837 $71,379 $54,957 $50,457 $53,086 $44,558 $43,564 $45,526 $35,646 $46,883 $75,000 $1,158,306 588,610 I_ $88,610 Health/Dental/Vision Insurance Retirement Contribution 1457 Deferred Compensation and Executive Director (Estimated Pension Contribution) Assistant Executive Director Financial Officer Administrative Assistant Agenda Administrator/Assistant to the Executive Director Assistant Financial Officer Project lnspector Architect Marketing Coordinator Grant Writer/Part Timer Office Assistant Business Coordinator Community Liaison Contingency for Salary Increases (COLA 3%( or Promotions Retirement Contribution 514,850 $3,120 $160,000 -$4,956 $15,000 I $173,014I 550,025 $9,840 $13,638 $2,276 $2,723 52,523 52,179 $5,299 $3,342 53,569 51,782 52,654 $2,228 55,250 $107,329 Car Allowance Executive Director $6,000 Assistant Executive Director $2,400 Cell Phone Allowance Executive Director Assistant Executive Director Financial Officer Administrative Assistant Agenda Administrator Assistant Financial Officer Project Inspector Architect Marketing Coordinator Grant Writer Business Coordinator Fringe Benefits ADP - Payroll Processing Fee (26 payroll periods X $150( Best Janitorial Supply (12 months x $365) Circle Security System (4 quarters X $175) ICMA Retirement -Annual Plan Fee Crystal Water Other Contractual Services - Contingency Other Contractual Services $2,400 $1,200 5900 5900 5900 51,800 5900 5900 I $18,300I 53,900 54,390 5700 $250 5800 $82,536 $92,566 I. i4 To include cast for travel cut of the city for conferences and Travel and Per Dlem $30,000 $30.0001 Black Patice Precint FPL-480 NW llth St Black Police Precint 512,000 Miami Water and Sewer - 480 NW llth Street Black Police Precint $7,200 Oracle Elevator Service - Black Police Precint $1,600 Community Center FPL-300 NW llth 512,000 Miami Water and Sewer - 300 NW llth Fire tine $600 TECO Gas - 300 NW 11th $3,000 Phone Service $2,000 FPL - 250 NW 10th (Parking-4) S1,200 FPL • 153 NW 8th St parking $12,000 FPL-1000 NW 3rd Avenue (Parking-31 $3,043 FPL - Ward Rooming House lAccount 27200-900221 $1,756 Miami Water and Sewer - 249 NW 9th Street Ward Rooming $1,000 Miami Water and Sewer - 250 NW 101h St $1,000 Contingency S6,000 Utility Service $64,401 15 Auto Insurance lOne (1) New Vetucle5) Property insurance/General/L#ability Insurance Workers Compensation (Estimate) Long Term 0isability Insurance For CRA Staff Insurance To include the cost of food associated to CRA Board To include the cost of fuel. To include the cost of miscellaneous supplies. 2016 Property Taxes Shopping Center Other Current Charges To Include supplies necessary for use in the operation of en Supplies $3,000 5121,555 $3,000 $12,000 $139,555 I $20,000 $3,000 $3,000 $33,000 I $59,000] S12,000 $12,0001 To include other supplies not office related. Ex. Misc. Project $1.2,000 Operating Supplies To include the cost of books, dues, memberships to Subscription Membership/Training To include the cost of office furniture Machinery and Equipment To include the expenses of placing advertisements in the Advertising I moo $15,000 $is,o00I 53,000 53,0001 $35,000 I $35,000 Konica Minolta Copier (Black and White Copies and Color S3,000 Sharp Copier (Black and White Copies)(12 months x $323.04) $4,000 Office Grant Lease SG< (Lyric Theater) will expire on June 30, $60,000 Rental and Leases $67,000 To include the cost of stamps or other related item. 52,000 Postage To include the cost associated to any office/truck repair. Repair / Maintenance • Outside To include transfer of funds to the City of Miami Office of the Interfund Transfer Total FY 2016 Amended budget - Recurrent Expenditures $2,000 $2,000 $2,000 S30,000 $30,000 I $2,109,001 16