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C R A
OMNI
Community Redevelopment Agency
Legislation
OMNI CRA Resolution: CRA-R-25-0020
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.omnicra.com
File Number: 17457 Final Action Date:4/10/2025
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA") ALLOCATING AN ADDITIONAL AMOUNT NOT TO EXCEED FIVE
HUNDRED THOUSAND DOLLARS ($500,000.00) ANNUALLY FOR FIVE YEARS
TO THE BUSINESS GRANT PROGRAM FOR THE PURPOSE OF BUSINESS
DEVELOPMENT IN THE OMNI REDEVELOPMENT AREA (PROGRAM") FROM
ACCOUNT NO. 10040.920501.883000; AUTHORIZING THE EXECUTIVE
DIRECTOR TO DISBURSE FUNDS, AT HIS/HER DISCRETION, AS A GRANT
OR A LOAN TO BUSINESS ENTITIES, OR DIRECTLY TO VENDORS, ON A
REIMBURSEMENT BASIS, UPON PRESENTATION OF INVOICES AND/OR
SATISFACTORY DOCUMENTATION TO QUALIFYING BUSINESSES, SUBJECT
TO THE AVAILABILITY OF FUNDS, FOR THE PURPOSE STATED HEREIN;
FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND
EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN FORMS
ACCEPTABLE TO GENERAL COUNSEL, FOR THE PURPOSE STATED
HEREIN; 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 Redevelopment Plan
("Plan"); and
WHEREAS, Section 4.4, C., D-1, at page 41 of the Plan, Section 4.4, D., A02, at page
42 of the Plan, and Section 4.4, E., D-7, at page 42 of the Plan all list maximizing conditions for
residents to live in the Area, the elimination of conditions which contribute to blight, and
minimizing condemnation and relocation as stated redevelopment objectives; and
WHEREAS, Section 5 of the Plan, titled "Projects and Strategies," also encourages the
CRA to further authorize "small business development through the creation of financial resource
pools"; and
WHEREAS, Page 97 of the Plan, authorizes the CRA to engage in the "encouragement
of small business opportunities in the redevelopment area"; and
WHEREAS, the Board of Commissioners of the CRA has previously allocated funds to
programs that rehabilitate facades, small business improvements, and improve the quality of life
within the Area, including business development; and
WHEREAS, these programs have been successful and have accomplished the goals
and objectives of the Plan; and
City of Miami Page 1 of 2 File ID: 17457 (Revision: A) Printed On: 8/27/2026
File ID: 17457 Enactment Number: CRA-R-25-0020
WHEREAS, the Board of Commissioners wishes to allocate an additional amount not to
exceed Five Hundred Thousand Dollars ($500,000.00) annually for five years to the Business
Grant Program ("Program") to continue with similar projects in the Area; and
WHEREAS, funds are available from Account No. 10040.920501.883000 for the
Program; and
WHEREAS, the Executive Director is requesting authority to disburse funds for the
Program to eligible participants, or directly to vendors, as a grant or a loan, on a reimbursement
basis, upon presentation of invoices and satisfactory documentation, without the need for further
approval from the Board of Commissioners;
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 hereto and incorporated herein as if fully set forth in this Section.
Section 2. The Program is hereby established with funds in an additional amount of Five
Hundred Thousand Dollars ($500,000.00) annually for five years allocated from Account No.
10040.920501.883000.
Section 3. The Executive Director is authorized to disburse funds at his/her discretion, as
a grant or a loan, on a reimbursement basis, to qualifying businesses or directly to vendors
upon presentation of invoices and satisfactory documentation.
Section 4. The Executive Director is authorized to negotiate and execute any and all
documents necessary to effectuate the Program, all in forms acceptable to the General
Counsel.
Section 5. This Resolution shall become effective immediately.
APPROVED AS TO FORM AND CORRECTNESS:
rge . Wyy ng III, City ttor' -y 8/25/2026
City of Miami Page 2 of 2 File ID: 17457 (Revision: A) Printed on: 8/27/2026