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HomeMy WebLinkAboutCRA-R-22-0035 MemorandumSEOPW Board of Commissioners Meeting July 28, 2022 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: July 29, 2022 and Members of the CRA Board File: 12352 From: James McQueen Executive Director Subject: SEOPW CRA approves ratifies and adopts the Interlocal agreement Enclosures: FILE# 12352- Backup BACKGROUND: The attached resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") with attachments(s) accepting, ratifying, approving and adopting the Amendment to the 1983 Interlocal agreement between the City of Miami, Miami -Dade County, and the SEOPW CRA, extending the life of the SEOPW CRA to March 31, 2042, in substantially the attached form, with the City of Miami and Miami -Dade County. JUSTIFICATION: In furtherance of seeking the extension of the life of the SEOPW CRA from 2030 to 2042, the CRA is required to prepare an Assessment of Need Study, amend its current Redevelopment Plan, and amend the Interlocal Agreement with its two taxing authorities, the City of Miami and Miami -Dade County. FUNDING: No fiscal impact. AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: July 28, 2022 CRA Section: Approved by: Approval: Executive Director 7/22/2022 e MigUel A Valcntil Finance Officer 7/22/2022 Page 2 of 5 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: CRA-R-22-0035 File Number: 12352 Final Action Date:7/28/2022 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, WITH ATTACHMENT(S) ACCEPTING, RATFYING, APPROVING AND ADOPTING THE AMENDMENT TO THE 1983 INTERLOCAL AGREEMENT BETWEEN THE CITY OF MIAMI ("CITY"), MIAMI-DADE COUNTY ("COUNTY"), AND THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), AS MODIFIED BY THE BOARD OF COUNTY COMMISSIONERS PURSUANT TO COUNTY RESOLUTION R-654-22, IN SUBSTANTIALLY THE ATTACHED FORM, EXTENDING THE LIFE OF THE SOUTHEAST OVERTOWN PARK WEST COMMUNITY REDEVELOPMENT AGENCY TO MARCH 31, 2042; FURTHER DIRECTING THE EXCUTIVE DIRECTOR TO TRANSMIT A COPY OF THIS RESOLUTION TO THE COUNTY, AS REQUIRED PURSUANT TO COUNTY RESOLUTION R-654-22. WHEREAS, the Board of Commissioners of Miami -Dade County, by Resolution No. R- 01677-82 and Ordinance No. 82-115, approved the Southeast Overtown/Park West Redevelopment Plan ("1982 Plan") and tax increment financing for the Southeast Overtown/Park West Redevelopment Area ("Original Redevelopment Area"); and WHEREAS, on March 30, 1983, Miami -Dade County ("the County"), formerly known as Metropolitan Dade County, the Southeast Overtown Park West Community Redevelopment Agency ("SEOPW CRA"), and the City of Miami ("the City") executed the Intergovernmental Cooperation Agreement (the "1983 Interlocal Agreement"); and WHEREAS, on November 15, 1990, the County and the City entered into that certain Amendments to Interlocal Cooperation Agreement (the "First Amendment") amending certain terms and provisions of the 1983 Interlocal Agreement; and WHEREAS, as of December 31, 2007, the County, the City, the SEOPW CRA, and the Omni Community Redevelopment Agency ("Omni CRA") entered into that certain Interlocal Agreement between the City of Miami, Miami -Dade County, SEOPW CRA and Omni CRA to provide funding for major projects for the benefit of all parties (the "2007 Interlocal Agreement"); and WHEREAS, on January 22, 2010, the County and the SEOPW CRA entered into that certain Amendment to 1983 Interlocal Cooperation Agreement (the "2010 Amendment"; together with the 1983 Interlocal Agreement, the First Amendment, and the 2007 Interlocal Agreement collectively, the "Interlocal Agreement"); and Page 3 of 5 WHEREAS, in furtherance of seeking the extension of the life of the SEOPW CRA from 2030 to March 31, 2042, the SEOPW CRA is required to prepare an Assessment of Need Study (the "AON"), amend its current Redevelopment Plan, and amend the 1983 Interlocal Agreement with its two taxing authorities, the City of Miami and Miami -Dade County; and WHEREAS, the SEOPW CRA generated an Assessment of Need to substantiate the extension of the life of the SEOPW CRA until March 31, 2042; and WHEREAS, the SEOPW CRA Board of Commissioners adopted the Amended Redevelopment Plan prepared by E.L. Waters and Company, LLC; and WHEREAS, on June 26, 2018, the SEOPW Board of Commissioners adopted resolution CRA-R-18-0030 approving the AON; and WHEREAS, on September 24, 2018, the SEOPW Board of Commissioners adopted Resolution CRA-R-18-0040 approving the Amended Redevelopment Plan; and WHEREAS, on July 7, 2022, Miami -Dade County Commission adopted Resolution R- 654-22 which among other things accepted the AON, extended the life of the SEOPW CRA and the redevelopment area until March 31, 2042, and required the approval of the 2018 interlocal agreement by the SEOPW CRA and the City, as modified by the Board of County Commissioners, and WHEREAS, The SEOPA CRA Board of Commissioner approves the interlocal agreement, as modified by the Miami -Dade County Board of Commissioners, on July 7, 2022, pursuant to Resolution R-654-22; and WHEREAS, on July 28, 2022, City of Miami Commission approved a resolution extending the life of the SEOPW CRA to March 31, 2042 and accepting the County's modifications to the 2018 interlocal agreement; and WHEREAS, the Board of Commissioners wishes to accept, ratify, approve and adopt the Amendment to the 1983 Interlocal Agreement between the City, the County, and the SEOPW CRA, as amended by the County pursuant to County Resolution R-654-22, extending the life of the Southeast Overtown Park West Community Redevelopment Agency to March 31, 2042. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST 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 SEOPW CRA Board of Commissioners hereby accepts, approves, ratifies, and adopts the Amendment to the 1983 Interlocal Agreement between the City of Miami, Miami -Dade County, and Southeast Overtown/Park West Community Redevelopment Agency, as modified by County Resolution R-654-22, extending the life of the Southeast Overtown Park West Community Redevelopment Agency to March 31, 2022. Page 4 of 5 Section 3. The SEOPW CRA Board of Commissioners hereby directs the Executive Director to transmit a copy of this Resolution to the County, as required pursuant to County Resolution R-654-22. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: e Br i ff Counsel 7/22/2022 Page 5 of 5