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HomeMy WebLinkAboutCRA Memo - EDA AmendmentSEOPW Board of Commissioners Meeting October 30, 2017 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM Board Chair Keon Hardemon Date: October 20, 2017 and Members of the CRA Board Subject Resolution Authorizing an Amendment to EDA Award 04-79-06827. Clarence E. Woods, III References: Executive Director Enclosures: Supporting Documentation; Legislation BACKGROUND: The attached Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") authorizes the Executive Director of the CRA to execute all documents necessary to amend EDA Award 04-79-06827 ("EDA Award"). On October 1, 2013, the U.S. Department of Commerce's Economic Development Administration ("EDA") awarded a grant to the CRA, the City of Miami ("City"), and Miami -Dade College ("College"), in an amount not to exceed $900,000 for the adaptive re -use and rehabilitation of the Overtown Performing Arts Center located at 1074 NW 3rd Avenue, Miami, FL (formerly the historic Ebenezer Church, 300 NW 11th Street, Miami, FL) ("Property"). Additionally, the EDA Award called for the development of a culinary training facility at the Property to provide hospitality and culinary training services for residents of the Redevelopment Area. As part of the application, College would operate their Hospitality and Culinary Institute ("Institute") at the Property and perform the hospitality and culinary training services required by the EDA Award. Since the grant was awarded, the CRA and College have had several discussions about College moving the Institute to a new location within the Redevelopment Area with the continued support of the CRA and being removed as a co -recipient of the EDA Award. This change has also been discussed with the EDA and the EDA sent correspondence to the CRA, the City, and the College on August 22, 2017 stipulating four (4) requirements to amend the EDA Award, including the receipt of "written authorization from the CRA's board of directors, the City's board of commission and the trustees of the College". This Resolution satisfied this requirement. The CRA's Staff is in the process of preparing all documents necessary to comply with the EDA's August 22, 2107 correspondence and intends to present a package to the EDA with all of the requested documents. JUSTIFICATION: Section 2, Goals 4 and 6, at page 11, of the Southeast Overtown/Park West Community Redevelopment Agency Plan ("Plan") lists the "creation [of] jobs within the community," as well as "improving the quality of life for residents" as stated redevelopment goals. 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. FUNDING: This Resolution does not commit funding. 17-2362/memo — amend EDA award 04-79-06827