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HomeMy WebLinkAboutAgenda Item Summary FormDate: 09/18/2024 AGENDA ITEM SUMMARY FORM File ID: #16677 Requesting Department: Department of Planning Commission Meeting Date: 10/24/2024 Sponsored By: Damian Pardo, Christine King District Impacted: District 2, District 5 Type: Resolution Subject: Allocate Funds - DRI to SEOPW CRA Purpose of Item: The purpose of this item is to approve the transfer of $317,000 to the Southeast Overtown/Park West Community Redevelopment Agency for the reimbursement of the drafting of an amendment to the SEOPW CRA Redevelopment Plan, approved by the CRA on February 27, 2017. Background of Item: DRI Master Plan/Recovery funds may be spent on master planning and related plans in the DRI areas per City of Miami Code of Ordinances Sec. 13-102(b)(3). This request by the CRA for a transfer of SEOPW DRI funds fulfills the criteria described in City of Miami Code of Ordinances Sec. 13-102(b)(3). Budget Impact Analysis Item is NOT Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: Special Revenue Account No: Award #2527 Reviewed B Department of Planning and Zoning David Snow Office of Management and Budget Fred Pericles Office of Management and Budget Marie Gouin City Manager's Office Asael Marrero City Manager's Office Natasha Colebrook -Williams City Manager's Office Arthur Noriega V Legislative Division Valentin J Alvarez Office of the City Attorney Amber Ketterer Office of the City Attorney George K. wysong III City Commission Maricarmen Lopez Legislative Division Valentin J Alvarez Office of the City Attorney Amber Ketterer Office of the City Attorney George K. wysong III Office of the City Clerk City Clerk's Office Department Head Review Budget Analyst Review Budget Review Assistant City Manager Review Deputy City Manager Review City Manager Review Legislative Division Review ACA Review Approved Form and Correctness Meeting Legislative Division Review ACA Review Approved Form and Correctness Rendered Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed 09/23/2024 3:33 PM 09/23/2024 4:08 PM 09/24/2024 11:12 AM 09/26/2024 7:34 PM 09/27/2024 10:28 AM 09/30/2024 12:34 PM 10/03/2024 3:00 PM 10/09/2024 3:46 PM 10/10/2024 1:27 PM 10/24/2024 9:00 AM 11/15/2024 1:23 PM 11/15/2024 1:44 PM 11/18/2024 2:03 PM 12/03/2024 12:07 PM City of Miami Legislation Resolution Enactment Number: R-24-0429 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16677 Final Action Date:10/24/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY MANAGER TO TRANSFER FUNDS, IN THE TOTAL AMOUNT OF THREE HUNDRED SEVENTEEN THOUSAND DOLLARS ($317,000.00), COLLECTED BY THE CITY OF MIAMI ("CITY") AS SOUTHEAST OVERTOWN/PARK WEST DEVELOPMENT OF REGIONAL IMPACT ("DRI")/MASTER PLAN RECOVERY FEES AND DRI SUPPLEMENTAL FEES, AS SET FORTH IN CHAPTER 13 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, ("CITY CODE") TO THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), IN ORDER TO REIMBURSE THE SEOPW CRA FOR EXPENSES RELATED TO THE AMENDMENT OF ITS REDEVELOPMENT PLAN, SUBJECT TO THE REVIEW AND APPROVAL OF THE CITY MANAGER AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Southeast Overtown/Park West CRA ("SEOPW CRA") is the Applicant, along with the City of Miami ("City") for the Southeast Overtown/Park West Development of Regional Impact ("SEOPW DRI"), adopted as an incremental Development of Regional Impact ("DRI") pursuant to Resolution No. R-88-110, adopted on February 11, 1988, in which the City approved the DRI for the portion of the City within the SEOPW CRA's boundaries designated by City Commission Resolution No. 82-755, and pursuant to Resolution No. 88-111, in which the City approved the Increment I Development Order for the SEOPW DRI; and WHEREAS, pursuant to Resolution No. R-92-609, adopted on September 22, 1992, the City approved an Increment II Development Order for the SEOPW DRI within the DRI boundaries; and WHEREAS, Increment III of the SEOPW DRI was adopted as Resolution No. R-13-0384 on September 26, 2013; and WHEREAS, the Increment III Development Order ("Order") specifically required collection of fees codified in Chapter 13, Article III of the Code of the City of Miami, Florida, as amended, ("City Code") to reimburse the City and the SEOPW CRA for costs incurred in the DRI/Master Plan study and future related studies in accordance with the consolidated application for development approval ("CADA") and the SEOPW CRA Order(s), which is a component of the SEOPW CRA development supplemental fee; and WHEREAS, the SEOPW CRA is the developer of record under the Order, and together with the City is responsible for compliance with the Order's conditions as well as the planning, administrative, enforcement, infrastructure development, advocacy, and other efforts required under the Order; and WHEREAS, the SEOPW CRA is also a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible for carrying out community redevelopment activities and projects within its redevelopment area in accordance with the 2019 SEOPW CRA Plan ("Plan"); and WHEREAS, in furtherance of seeking an extension of the life of the SEOPW CRA from 2030 to 2042, the SEOPW CRA was required to prepare an Assessment of Need Study ("AON"), amend its current Redevelopment Plan, and amend the 1983 Interlocal Agreement with its two (2) taxing authorities, the City and the County; and WHEREAS, on August 6, 2024, the SEOPW CRA requested reimbursement by the City in the amount of Three Hundred Seventeen Thousand Dollars ($317,000.00) relating to expenses incurred by the SEOPW CRA in the preparation of the AON and for the amendment of the Plan performed by E.L. Waters and Company, approved by the SEOPW CRA Board pursuant to resolution CRA-R-17-0011 on February 27, 2017; and WHEREAS, the City completed an analysis finding that funding this action related to modifications or amendments of the Plan conforms to the criteria of the DRI/master plan supplemental fee as described in the Increment III Development Order; and WHEREAS, the current balance of available funds collected by the City for the SEOPW CRA Master Plan/recovery development supplemental fees is Five Million Two Hundred Sixty Four Thousand Seven Hundred Forty One Dollars and Eighty Two Cents ($5,264,741.82) as of September 3, 2024, and a transfer of a portion of these funds has been approved by the City's Planning Director; and WHEREAS, it is in the best interests of the City to transfer the funds to reimburse the SEOPW CRA for expenses related to amending the SEOPW CRA's Redevelopment Plan associated with the extension of life of the SEOPW CRA; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings set forth in the preamble of this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City Manager is hereby authorized to transfer funds, in a total amount of Three Hundred Seventeen Thousand Dollars ($317,000.00), collected by the City as SEOPW DRI/master plan recovery fees and DRI supplemental fees, to the SEOPW CRA, to reimburse the SEOPW CRA for expenses related to the amendment of its Redevelopment Plan, subject to the review and approval by the City Manager. Section 3. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: 10/10/2024 ng III: C ty' ttor ey 11/18/2024