HomeMy WebLinkAboutCRA-R-25-0064Southeast Overtown/Park West
nd
819 NW 2 Ave
rd
3 Floor
Community Redevelopment Agency
Miami, FL 33136
www.seopwcra.com
Legislation
CRA Resolution: CRA-R-25-0064
File Number: 18340 Final Action Date:10/23/2025
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AN AMOUNT NOT TO EXCEED TWO HUNDRED FIFTY THOUSAND DOLLARS
YEAR 2025-2026 FOR SMALL BUSINESS DEVELOPMENT WITHIN THE
CORRESPONDING ACCOUNT NO. 10050.920101.883000.0000.00000
DISBURSE FUNDS AS A GRANT TO QUALIFYING APPLICANTS, AT HIS
DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS,
UPON PRESENTATION OF INVOICES AND SATISFACTORY
DOCUMENTATION, SUBJECT TO THE AVAILABILITY OF FUNDING; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO ADMINISTER THE PROGRAM
AND TO NEGOTIATE AND EXECUTE ANY AND ALL AGREEMENTS AND
DOCUMENTS NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR
SAID PURPOSE; PROVIDING FOR THE INCORPORATION OF RECITALS AND
AN EFFECTIVE DATE.
responsible for carrying out community redevelopment activities and projects within its Redevelopment
Area in accordance with the 2018 Updated Southeast Overtown/Park West Community Redevelopment
WHEREAS, pursuant to Section 163.340(9), Florida Statutes,
stated redevelopment goal; and
neighborhood economy, and expand\[ing\] the economic opportunities . . . this entails both the support and
as a stated redevelopment principle; and
City of Miami Page 1 of 3 File ID: 18340 (Revision: ) Printed On: 11/26/2025
File ID: 18340 Enactment Number: CRA-R-25-0064
WHEREAS, the Board of Commissioners of the SEOPW CRA has previously allocated funds
toward initiatives designed to enhance sustainability and promote economic revitalization within the
Redevelopment Area; and
WHEREAS, the Executive Director wishes to allocate funds, in an amount not to exceed Two
Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00), to establish the SEOPW CRA Small
WHEREAS, the Program will encourage small business development, particularly those
generating less than $1 million in sales revenue, within the Redevelopment Area and assist qualifying
business applicants, upon the submission of an application and subsequent award; and
WHEREAS, Program applicants will complete an application in order to request funding; and
WHEREAS, funds are available from Account No. 10050.920101.883000.0000.00000 for the
Program; and
WHEREAS, the Executive Director is requesting authority to disburse funds from the Program to
qualifying applicants as a grant, on a reimbursement basis, or directly to vendors upon presentation of
invoices and satisfactory documentation without the need for further approval from the Board of
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the
SEOPW CRA redevelopment goals and objectives;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY:
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 Program is hereby established with funds, in an amount not to exceed Two
Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00), from Account No.
10050.920101.883000.0000.00000 - Other Grants and Aids.
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Section 3. The Executive Director is hereby authorized to disburse the funds, at his
discretion as a grant, on a reimbursement basis, or directly to vendors upon presentation of invoices and
satisfactory documentation to eligible business applicants, subject to funding availability, for the Purpose
stated herein.
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Section 4. The Executive Director is authorized to administer the Program, and to negotiate
and execute any and all agreements, and all documents necessary, all in a form acceptable to Counsel, for
the Purpose stated herein.
Section 5. This Resolution shall become effective immediately upon its adoption.
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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 City Code provisions, as
adopted by the SEOPW CRA.
City of Miami Page 2 of 3 File ID: 18340 (Revision: ) Printed on: 11/26/2025
File ID: 18340Enactment Number:CRA-R-25-0064
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
City of MiamiPage 3of 3File ID: 18340 (Revision: ) Printed on:11/26/2025