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HomeMy WebLinkAboutCRA-R-18-0023I I `rr Omni CRA OMNI Community Redevelopment Agency Legislation OMNI CRA Resolution: CRA-R-18-0023 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.omnicra.com File Number: 3987 Final Action Date:4/18/2018 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") CREATING A BUSINESS GRANT PROGRAM ("PROGRAM") FOR THE PURPOSES OF BUSINESS DEVELOPMENT IN THE OMNI REDEVELOPMENT AREA; ALLOCATING $500,000.00 FROM ACCOUNT NO. 10040.920501.883000 FOR THE PROGRAM; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION TO QUALIFYING BUSINESSES; EXEMPTING THE EXECUTIVE DIRECTOR FROM THE REQUIREMENT TO COMPLY WITH RESOLUTION NO. CRA-R-16-0042 AS ADOPTED BY THE BOARD OF COMMISSIONERS OF THE CRA ON SEPTEMBER 13, 2016 IN ORDER TO DISBURSE FUNDS AS STATED HEREIN. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within the Omni Redevelopment Area ("Area") in accordance with the 2009 Omni CRA Redevelopment Plan ("Plan"); and WHEREAS, Section 4.4, C., D-1, at page 41 of the Plan; Section 4.4, D., A02, at page 42 of the Plan; and Section 4.4, E., D-7, at page 42 of the Plan all list maximizing conditions for residents to live in the area, the elimination of conditions which contribute to blight, and minimizing condemnation and relocation as stated redevelopment objectives; and WHEREAS, the Board of Commissioners of the CRA has previously allocated funds to programs that rehabilitate facades and improve the quality of life within the Area; and WHEREAS, these programs have been successful and have accomplished the goals and objectives of the Plan; and WHEREAS, the Board of Commissioners wishes to create a Business Grant Program for the purposes of business development in the Area ("Program"); and WHEREAS, the Board of Commissioners wishes to allocate $500,000.00 to the Program; and City of Miami Page 1 of 2 File ID: 3987 (Revision:) Printed On: 8/29/2025 File ID: 3987 Enactment Number: CRA-R-18-0023 WHEREAS, funds are available from Account No. 10040.920501.883000 for the Program; and WHEREAS, the Executive Director is requesting authority to disburse funds from the Program to eligible participants on a reimbursement basis or directly to vendors upon presentation of invoices and satisfactory documentation without the need for further approval from the Board of Commissioners; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble of this Resolution are adopted by reference hereto and incorporated herein as if fully set forth in this Section. Section 2. The Program is hereby established with funds in the amount of $500,000.00 allocated from Account No. 10040.920501.883000. Section 3. The Executive Director is authorized to disburse funds, at his discretion, on a reimbursement basis or directly to vendors upon presentation of invoices and satisfactory documentation to qualifying businesses. Section 4. The Executive Director is exempted from complying with the requirements of Resolution No. CRA-R-16-0042 as adopted by the Board of Commissioners of the CRA on September 13, 2016 in order to disburse funds as stated herein. Section 5. The Executive Director is authorized to execute any and all documents necessary to effectuate the Program, in a form acceptable to the General Counsel. Section 6. This Resolution shall become effective immediately. APPROVED AS TO FORM AND CORRECTNESS: Barnaby I_. Min, Deputy City Attorney 4/11/2018 City of Miami Page 2 of 2 File ID: 3987 (Revision:) Printed on: 8/29/2025