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HomeMy WebLinkAboutCRA-R-25-0044I I `rr Omni CRA OMNI Community Redevelopment Agency Legislation OMNI CRA Resolution: CRA-R-25-0044 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 17885 Final Action Date:7/24/2025 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") ESTABLISHING A PROPERTY IMPROVEMENT GRANT PROGRAM FOR THE PURPOSE OF ASSISTING PROPERTY OWNERS WITHIN THE CRA'S REDEVELOPMENT AREA WITH THE REQUIREMENTS ASSOCIATED WITH THE 40/50-YEAR RECERTIFICATION PROCESS, PROFESSIONAL CONSULTATION SERVICES, AND PERMITTING FEES ("PROGRAM"); ALLOCATING FUNDING IN THE AMOUNT NOT TO EXCEED THREE HUNDRED THOUSAND DOLLARS ($300,000.00) FOR THE PROGRAM FROM ACCOUNT NO. 10040.920501.8830000.0000.00000; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HER DISCRETION, AS A GRANT OR AS A REIMBURSEMENT LOAN TO PROPERTY OWNERS OR DIRECTLY TO VENDORS UPON PRESENTATION OF INVOICES AND/OR SATISFACTORY DOCUMENTATION TO QUALIFYING BUSINESSES, SUBJECT TO THE AVAILABILITY OF FUNDS; PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within the Omni Redevelopment Area ("Area") in accordance with the 2019 Omni CRA Redevelopment Plan ("Plan"); and WHEREAS, the CRA is tasked with reducing slum and blight within its boundaries; and WHEREAS, page 4-33 of the Plan supports activities that improve property conditions and promote responsible development through technical and financial assistance; and WHEREAS, Section 163.370, Florida Statutes, authorizes community redevelopment agencies to undertake activities necessary to eliminate slum and blight, including the repair, renovation, or rehabilitation of buildings or other improvements within a community redevelopment area to meet current building codes and safety standards; and WHEREAS, property owners in the area typically face financial barriers in addressing 40/50-Year Recertification requirements, covering permit fees, and engaging professional services such as architects, engineers, or general contractors to obtain estimates, feasibility studies, or planning support for future improvements; and WHEREAS, enabling access to early -stage professional support helps guide investment decisions and encourages responsible development within the CRA boundaries; and City of Miami Page 1 of 2 File ID: 17885 (Revision:) Printed On: 8/25/2025 File ID: 17885 Enactment Number: CRA-R-25-0044 WHEREAS, in an effort to assist property owners within the Area, the Board of Commissioners desires to establish a Property Improvement Grant Program which will aid with the requirements of the 40/50-Year Recertification process, assistance with permit fees, and professional consultation services such as, architectural, engineering or general contractor services ("Program"); and WHEREAS, the Board of Commissioners wishes to allocate an amount not to exceed Three Hundred Thousand Dollars ($300,000.00) to establish the Program; and WHEREAS, the Executive Director is requesting authority to disburse funds from the Program to eligible participants as either a grant or reimbursable loan either to property owners or directly to vendors upon presentation of invoices and/or satisfactory documentation, without the need for further Board approval; 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 and incorporated as if fully set forth herein. Section 2. The Program is hereby established with funds in the amount not to exceed Three Hundred Thousand Dollars ($300,000.00) allocated from Account No. 10040.920501.8830000.0000.00000. Section 3. The Executive Director is authorized to disburse funds, at her discretion, as either a grant or a reimbursable loan directly to property owners or vendors upon presentation of invoices and satisfactory documentation for eligible costs, for the Program. Section 4. The Executive Director is authorized to negotiate and execute any and all documents necessary, in a form acceptable to the General Counsel, to effectuate and run the Program. Section 5. This Resolution shall become effective immediately. APPROVED AS TO FORM AND CORRECTNESS: rge = . Wye ng III, City ttor -y 7/17/2025 City of Miami Page 2 of 2 File ID: 17885 (Revision:) Printed on: 8/25/2025