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HomeMy WebLinkAboutCRA-R-21-0041I I `rr Omni CRA OMNI Community Redevelopment Agency Legislation OMNI CRA Resolution: CRA-R-21-0041 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.omnicra.com File Number: 10943 Final Action Date:10/22/2021 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") CREATING AN OPEN SPACE IMPROVEMENT PROGRAM FOR THE PURPOSES OF ELIMINATING SLUM AND BLIGHT IN THE CRA'S REDEVELOPMENT AREA ("PROGRAM"); ALLOCATING ONE MILLION DOLLARS ($1,000,000.00) FOR THE PROGRAM; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, AS A GRANT TO BUSINESS ENTITIES OR AS A REIMBURSEMENT LOAN TO BUSINESS ENTITIES OR DIRECTLY TO VENDORS UPON PRESENTATION OF INVOICES AND/ OR SATISFACTORY DOCUMENTATION TO QUALIFYING BUSINESSES, SUBJECT TO THE AVAILABILITY OF FUNDS. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within the CRA's Redevelopment Area ("Area") in accordance with the Amended 2019 Omni CRA Redevelopment Plan ("Plan") in an effort to eliminate slum and blight within the Area; and WHEREAS, pages 4-46 of the Plan authorize the CRA to engage in the "encouragement of small business opportunities in the redevelopment area"; and WHEREAS, pages 4-41 of the Plan state "The CRA should look to fund upgrades to and encourage additional programing in other existing parks and green spaces in the district where such improvements will enhance the ability of residents and visitors to enjoy the outdoors and/or to undertake recreational activities;" and WHEREAS, pages 4-41 of the Plan states that "the need for open space will exceed the supply in existing parks and greenspaces therefore, the CRA should look for other opportunities ... for small parks and open spaces;" and WHEREAS, the Board of Commissioners of the CRA has previously allocated funds to projects that activate and improve underutilized or vacant land and improve the quality of life within the Area; and WHEREAS, similar projects have been successful and have accomplished the goals and objectives of the Plan in the past; and WHEREAS, the Board of Commissioners wishes to allocate $1,000,000.00 to fund an Open Space Improvement Program ("Program") to further remove blight and improve quality of life in the Area; and WHEREAS, funds are available from 2021-2022 Omni Tax Increment Fund Budget line item 26 for the Program; and City of Miami Page 1 of 2 File ID: 10943 (Revision:) Printed On: 9/8/2025 File ID: 10943 Enactment Number: CRA-R-21-0041 WHEREAS, the Executive Director is requesting authority to disburse funds from the Program to eligible participants as a either a grant or as a reimbursable loan or directly to vendors upon presentation of invoices and satisfactory documentation without the need for further approval from the Board of Commissioners; and WHEREAS, the funding of the Program is consistent with both Part III, Chapter 163, Florida Statutes, and the Plan and further serves both a municipal and public purpose; 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 $1,00,000.00 allocated from 2021-2022 Omni Tax Increment Fund Budget line item 26. Section 3. The Executive Director is authorized to disburse funds, at his discretion, as either a grant or as a reimbursable loan either directly to eligible participants or directly to vendors upon presentation of invoices and satisfactory documentation without the need for further approval from the Board of Commissioners. Section 4. The Executive Director is authorized to negotiate and execute any and all documents necessary to effectuate the Program, all in forms acceptable to the General Counsel. Section 5. This Resolution shall become effective immediately. APPROVED AS TO FORM AND CORRECTNESS: Barnaby I_. Min, Deputy City Attorney 10/19/2021 City of Miami Page 2 of 2 File ID: 10943 (Revision:) Printed on: 9/8/2025