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OMNI
Community Redevelopment Agency
Legislation
OMNI CRA Resolution: CRA-R-20-0012
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.omnicra.com
File Number: 7948 Final Action Date:9/24/2020
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("OMNI CRA"), AUTHORIZING THE ISSUANCE OF A PAYMENT IN THE
AMOUNT OF TWO MILLION DOLLARS ($2,000,000.00), FROM THE OMNI CRA
FY 2020-2021 BUDGET TO THE CITY OF MIAMI TO BE ALLOCATED TO THE
MAURICE FERRE PARK FOR CAPITAL IMPROVEMENTS; FUNDING TO BE
ALLOCATED FROM THE OMNI CRA'S FY 2020-2021 BUDGET RESERVE
ACCOUNT OR BUDGET LINE ITEM 24 TITLED "OTHER GRANTS AND AIDS";
AUTHORIZING FOR THIS PAYMENT TO BE DEDUCTED FROM THE
TOTALOMNI CRA CONTRIBUTION TO THE CITY OF MIAMI FOR MAURICE
FERRE PARK THAT MAY BE DUE AND OUTSTANDING; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE
ANY AND ALL DOCUMENTS NECESSARY TO EFFECTUATE THIS PAYMENT,
ALL IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL.
WHEREAS, the Omni Redevelopment District Community Redevelopment
Agency ("Omni CRA"), by Resolution No. CRA-R-20-0011 adopted on August 31, 2020,
accepted and adopted its Special Revenue Fund Budget for the fiscal year commencing
October 1, 2020 and ending September 30, 2021; and
WHEREAS, the City of Miami ("City") wishes to implement certain capital
improvements at Maurice Ferro Park ("Park") located in the City of Miami and within the
boundaries of the Redevelopment Area; and
WHEREAS, the Bayfront Park Management Trust ("Trust") is a limited agency
and instrumentality of the City which manages and operates the Park; and
WHEREAS, the Board of Commissioners of the Omni CRA wishes to provide
Two Million Dollars ($2,000,000.00) to the City to fund the capital improvements at the
Park ("Payment") in a manner consistent with the Redevelopment Plan and Chapter
163, Florida Statutes; and
WHEREAS, funding for the Payment is to be allocated from the Omni CRA Fiscal
Year 2020-2021 budget reserve account or budget line item 24 titled "Other grants and
Aids"; and
WHEREAS, upon receipt of the Payment, the City has indicated it will
immediately transfer the Payment to the Trust for the capital improvements at the Park;
and
City of Miami Page 1 of 2 File ID: 7948 (Revision:) Printed On: 9/4/2025
File ID: 7948 Enactment Number: CRA-R-20-0012
WHEREAS, the Payment will be deducted from any and all monies that may be
due and owing to the City for the Park;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
COMMISSIONERS OF THE OMNI 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 Board of Commissioners of the Omni CRA hereby authorizes the
payment of Two Million Dollars ($2,000,000.00) to the City for the purposes of funding
certain capital improvements at the Park with funds allocated from the Omni CRA's
Fiscal Year 2020-2021 budget reserve account or budget line item 24 titled "Other
grants and Aids."
Section 3. The Payment shall be deducted from any monies that may be due and
owing from the Omni CRA to the City for capital improvements at the Park.
Section 4. The Board of Commissioners of the Omni CRA hereby authorizes the
Executive Director to negotiate and execute any and all documents necessary to
effectuate such payment, all in forms acceptable to the General Counsel.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
Barnaby I_. Min, Deputy City Attorney 10/1/2020
City of Miami Page 2 of 2 File ID: 7948 (Revision:) Printed on: 9/4/2025