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HomeMy WebLinkAboutCRA-R-25-0005 MemorandumSEOPW Board of Commissioners Meeting January 23, 2025 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: January 21, 2025 and Members of the CRA Board File: 17152 From: James McQueen Executive Director Subject: Grant to the Black Archives History and Research Foundation of South Florida, Inc. Enclosures: BACKGROUND: A Resolution of the Board of Commissioners ("Board") of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") authorizing a grant to the Black Archives History and Research Foundation of South Florida, Inc., a Florida not -for -profit corporation ("Grantee"), in an amount not to exceed Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) to underwrite the costs of identifying historic preservation properties, and creating and implementing plans to promote and preserve the historical properties ("Project"), for an initial one (1) year term, with the option to renew for two (2) successive one (1) year periods ("Purpose"). In an effort to expand economic opportunities for present and future residents and businesses, the SEOPW CRA desires to provide a grant to the Black Archives History and Research Foundation of South Florida, Inc., a Florida not -for -profit corporation, to conduct a search of historically preserved sites, as recorded under the Florida Division of Historical Resources, within the Redevelopment Area, and create plans to promote and preserve those sites. The SEOPW CRA would maintain oversight over the Project and grant funds throughout its duration. It is recommended that the Board of the SEOPW CRA approve and adopt the attached Resolution, authorizing the allocation of funds to the Grantee for the Purpose stated therein. JUSTIFICATION: Section 2, Goal 1, of the 2018 Updated Southeast Overtown/Park West Redevelopment Plan (the "Plan") lists "[p]reserv[ing] historic buildings and cultural heritage" as a stated redevelopment goal. Section 2, Goal 5, of the Plan further lists "[p]romot[ing] and market[ing] the community as a cultural ... destination rich in history" as a stated redevelopment goal. Section 2, Principle 8, of the Plan emphasizes that "[o]lder buildings in the Redevelopment Area are physical reminders of the community's heritage." Section 2, Principle 14, of the Plan guides the SEOPW CRA to "[r]estore a sense of community and unify the area culturally." FUNDING: Funds to be allocated from Other Grant Aids / Non-TIF Revenue Fund 10051.920101.883000.0000.00000 as follows: $250,000.00; initial (1) year term with option to renew for (2) successive (1) year periods FACT SHEET: Company name: Black Archives History and Research Foundation of South Florida, Inc. Mailing Address: 819 N.W. 2" Avenue, Miami, Florida 33136 Funding request: $250,000.00; initial (1) year term with option to renew for (2) successive (1) year periods Scope/Summary: Authorization to provide grant funding to the Black Archives History and Research Foundation of South Florida, Inc, in an amount not to exceed $250,000, for an initial one (1) year term, with the option to renew for two (2) successive one (1) year periods, to execute the historical preservation project. Page 2 of 5 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: January 23, 2025 CRA Section: Brief description of CRA Agenda Item: Authorizing a grant in the amount of $250,000.00 to Black Archives History and Research Foundation of South Florida, Inc. Project Number YES, there Account Code: (if applicable): are sufficient funds in Line Item: 10051.920101.883000.0000.00000 Amount: $ 2 5 0, 0 0 0.0 0 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: Approved by: Approval: Executive Director 1/16/2025 Miguel A Valentin, ririarice Off;cer 1/16/2025 Page 3 of 5 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: CRA-R-25-0005 File Number: 17152 Final Action Date:1/23/2025 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), AUTHORIZING A GRANT TO THE BLACK ARCHIVES HISTORY AND RESEARCH FOUNDATION OF SOUTH FLORIDA, INC., A FLORIDA NOT -FOR - PROFIT CORPORATION, IN AN AMOUNT NOT TO EXCEED TWO HUNDRED FIFTY THOUSAND DOLLARS AND ZERO CENTS ($250,000.00) TO UNDERWRITE THE COSTS OF IDENTIFYING HISTORIC PRESERVATION PROPERTIES, AND CREATING AND IMPLEMENTING PLANS TO PROMOTE AND PRESERVE THE HISTORIAL PROPERTIES, FOR AN INITIAL TERM OF ONE (1) YEAR WITH AN OPTION TO RENEW FOR TWO (2) SUCCESSIVE ONE (1) YEAR PERIODS; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISPERSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION, SUBJECT TO THE AVAILABILITY OF FUNDING, FROM THE CORRESPONDING ACCOUNT NO. 10051.920101.883000.0000.00000 — "OTHER GRANT AIDS / NON- TIF REVENUE FUND"; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AGREEMENT, INCLUDING ANY AND ALL DOCUMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR THE PURPOSE STATED HEREIN; PROVIDING FOR THE INCORPORATION OF RECITALS, AND FOR AN EFFECTIVE DATE. 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 ("Redevelopment Area") in accordance with the 2018 Updated Southeast Overtown/Park West Redevelopment Plan (the "Plan"); and WHEREAS, Section 2, Goal 1, of the Plan lists "[p]reserv[ing] historic buildings and cultural heritage" as a stated redevelopment goal; and WHEREAS, Section 2, Goal 5, of the Plan further lists "[p]romot[ing] and market[ing] the community as a cultural ... destination rich in history" as a stated redevelopment goal; and WHEREAS, Section 2, Principle 8, of the Plan emphasizes that "[o]lder buildings in the Redevelopment Area are physical reminders of the community's heritage"; and WHEREAS, Section 2, Principle 14, of the Plan guides the SEOPW CRA to "[r]estore a sense of community and unify the area culturally"; and Page 4 of 5 WHEREAS, in an effort to expand economic opportunities for present and future residents and businesses, the SEOPW CRA desires to provide a grant to the Black Archives History and Research Foundation of South Florida, Inc., a Florida not -for -profit corporation, to conduct a search of historically preserved sites, as recorded under the Florida Division of Historical Resources, within the Redevelopment Area, and create plans to promote and preserve those sites ("Project"); and WHEREAS, the Project shall have an initial one (1) year term, with the option to renew for two (2) successive one (1) year periods, and the SEOPW CRA would maintain oversight throughout its duration; and WHEREAS, the Board of Commissioners wishes to authorize funding in an amount to not exceed Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) to execute the Project ("Purpose"); and WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the SEOPW CRA redevelopment goals and objectives; and 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 Executive Director is hereby authorized' to disperse the funds, at his discretion, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation from the corresponding Account No. 10051.920101.883000.0000.00000 - "Other Grant Aids / Non-TIF Revenue Fund" for the Purpose stated herein. Section 3. The Executive Director is authorized' to negotiate and execute an agreement, including any and all necessary documents, and all in forms acceptable to the Counsel, for said Purpose. Section 4. Sections of this Resolution may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the Executive Director, or the Executive Director's designee, without need of public hearing, by filing a corrected copy of same with the City Clerk. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: i e Br ounsel 1/16/2025 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable State law, City Charter and Code provisions, as adopted by the SEOPW CRA. Page 5 of 5