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HomeMy WebLinkAboutCRA-R-22-0044 MemorandumSEOPW Board of Commissioners Meeting October 27, 2022 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: October 20, 2022 and Members of the CRA Board File: 12824 From: James McQueen Executive Director Subject: Improvements to 1021 N.W. 2nd Avenue, Miami, Florida 33136 Enclosures: File # 12824- Backup BACKGROUND: The attached Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") authorizes an expenditure of funds in an amount not to exceed $300,000.00 to underwrite costs associated with 40-year recertification and limited build -out of the former law office of the Honorable Judge Lawson Edward Thomas located at 1021 N.W. 2nd Avenue, Miami, Florida 33136 ("Property"). The SEOPW CRA currently owns this Property originally built in 1936; has been vacant for several years, and recently designated as a historic building. Previously, the Board of Commissioners, by resolution CRA-R-16-0048 authorized funds to perform emergency repairs and prevent the collapse of the building by reconstructing the roof structure which had caved in. The permit for that work was unable to be properly closed when the recertification became due (a process that occurs every 10 years for buildings older than 40 years). As a requirement to close-out the permit and comply with the recertification, utilities including power and water must be brought to the Property. In addition, funding by this resolution includes improvements for a limited build -out (vanilla box) with restrooms, A/C, lighting, installation of new storefront entry with canopy, doors, and windows; all consistent with the original design and construction of the building from 1936. JUSTIFICATION: Section 2, Goal 1, of the 2018 updated Southeast Overtown/Park West Community Redevelopment Plan ("Plan") lists the "preserv[ation] of historic buildings and community heritage," as a stated redevelopment goal. Section 2, Principle 8, of the Plan provides that "[o]lder buildings that embody the area's cultural past should be restored." FUNDING: $300,000.00 allocated from SEOPW Tax Increment Fund, entitled "Construction in Progress" Account No. 10050.920101.670000.0000.00000. Page 2 of 6 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: October 27, 2022 CRA Section: Brief description of CRA Agenda Item: Authorizing the expenditure of funds, in an amount not to exceed $300,000.00, to underwrite costs associated with 40-Yeear Recertification and limited build -out of the former law office. Project Number YES, there Account Code: (if applicable): are sufficient funds in Line Item: 10050.920101.670000.0000.00000 Amount:$300,000.00 NO (Complete the following source of funds information): Amount budgeted in the line item: $ Balance in the line item: $ Amount needed in the line item: $ Sufficient funds will be transferred from the following line items: ACTION ACCOUNT NUMBER TOTAL Project No./Index/Minot Object From $ To $ From $ To $ Comments: Page 3 of 6 Approved by: Approval: Miguel A Valcnt r , Finance Officer Executive Director 10/20/2022 10/20/2022 Page 4 of 6 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: CRA-R-22-0044 File Number: 12824 Final Action Date:10/27/2022 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE EXPENDITURE OF FUNDS, IN AN AMOUNT NOT TO EXCEED $300,000.00, TO UNDERWRITE COSTS ASSOCIATED WITH 40-YEAR RECERTIFICATION AND LIMITED BUILD -OUT OF THE FORMER LAW OFFICE OF THE HONORABLE JUDGE LAWSON EDWARD THOMAS LOCATED AT 1021 N.W. 2ND AVENUE, MIAMI, FLORIDA ("PROPERTY"); AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION, AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE AND PROVIDING FOR THE INCORPORATION OF RECITALS AN EFFECTIVE DATE; ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND, ENTITLED "CONSTRUCTION IN PROGRESS," ACCOUNT CODE NO. 10050.920101.670000.0000.00000. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2018 updated Southeast Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, Section 2, Goal 1, of the Plan lists the "preserv[ation] of historic buildings and community heritage," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 8, of the Plan provides that "[o]Ider buildings that embody the area's cultural past should be restored;" and WHEREAS, the Board of Commissioners, by resolution CRA-R-16-0048 authorized funds to perform emergency repairs and prevent collapse of the building by reconstructing the roof structure which had caved in; and WHEREAS, permits for work authorized by resolution CRA-R-16-0048 remain open until 40-year recertification improvements are made; and WHEREAS, the Board of Commissioners wishes to authorize the expenditure of funds, in an amount not to exceed $300,000.00, to underwrite costs associated with 40-year recertification and limited build -out of the Property; Page 5 of 6 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 Board of Commissioners hereby authorizes the expenditure of funds, in an amount not to exceed $300,000.00, to underwrite costs associated with 40-year recertification and limited build -out of the Honorable Judge Lawson Edward Thomas located at 1021 N.W. 2nd Avenue, Miami, Florida. Section 3. The Executive Director is authorized to execute all documents necessary for said purpose. Section 4. 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. Section 5. Funds are to be allocated from SEOPW Tax Increment Fund, entitled "Construction in Progress" Account No. 10050.920101.670000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ce Br cry -Starr Counsel 10/20/2022 Page 6 of 6