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Omni
CRA
OMNI
Community Redevelopment Agency
Legislation
OMNI CRA Resolution: CRA-R-17-0044
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.miamicra.com
File Number: 2502 Final Action Date:7/27/2017
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("OMNI CRA"), WITH ATTACHMENTS, AUTHORIZING THE ISSUANCE OF A
PAYMENT IN THE AMOUNT OF TWO MILLION DOLLARS ($2,000,000.00)
CURRENTLY IN THE OMNI CRA RESERVE ACCOUNT, ATTACHED AND
INCORPORATED AS EXHIBIT "A," TO THE CITY OF MIAMI TO BE ALLOCATED
FOR CAPITAL IMPROVEMENTS AT MUSEUM PARK; AUTHORIZING THE
EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL
DOCUMENTS NECESSARY TO EFFECTUATE THIS PAYMENT, IN A FORM
ACCEPTABLE TO THE GENERAL COUNSEL.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency
("Omni CRA"), by Resolution No. CRA-R-16-0043, adopted on September 13, 2016,
accepted and adopted its Special Revenue Fund Budget for the fiscal year commencing
October 1, 2016 and ending September 30, 2017; and
WHEREAS, on April 19, 2017, the Omni CRA adopted Resolution No. CRA-R-17-0023,
accepting and adopting its Amended Budget, attached and incorporated as Exhibit "A";
and
WHEREAS, the City of Miami ("City") wishes to implement certain capital improvements
at Museum Park ("Park"), located in the City of Miami and Omni CRA; and
WHEREAS, the Bayfront Park Management Trust ("Trust") is a limited agency and
instrumentality of the City, and manages and operates the Park; and
WHEREAS, the Omni CRA wishes to release two million dollars ($2,000,000.00) to the
City to fund such capital improvements at Museum Park ("Payment"); and
WHEREAS, upon receipt of the Payment, the City shall transfer said funds to the Trust
for such capital improvements;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE OMNI COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF AMIMI,
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: 2502 (Revision:) Printed On: 8/28/2025
File ID: 2502 Enactment Number: CRA-R-17-0044
Section 2. The Omni CRA hereby authorizes the release of a payment of two million
dollars ($2,000,000.00) to the City for the purposes of funding certain capital
improvements at Museum Park.
Section 3. The Omni CRA hereby authorizes its Executive Director to negotiate and
execute any and all documents necessary to effectuate such payment.
Section 4. Upon receipt of the Payment, the City shall transfer said funds to the Trust
for such capital improvements.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City ttor ey ) 6/15/2017
City of Miami Page 2 of 2 File ID: 2502 (Revision:) Printed on: 8/28/2025