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C R A
OMNI
Community Redevelopment Agency
Legislation
OMNI CRA Resolution: CRA-R-21-0012
OMNI CRA
50 NW 14th Street
Miami, FL 33136
www.omnicra.com
File Number: 8986 Final Action Date:6/3/2021
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA") CREATING A BUSINESS GRANT PROGRAM FOR THE PURPOSES OF
BUSINESS DEVELOPMENT IN THE OMNI REDEVELOPMENT AREA
("PROGRAM"); ALLOCATING EIGHT HUNDRED THOUSAND DOLLARS
($800,000.00) FOR THE PROGRAM; AUTHORIZING THE EXECUTIVE
DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, AS A GRANT, AS A
LOAN TO BUSINESS ENTITIES OR ON A REIMBURSEMENT BASIS TO
BUSINESS ENTITIES OR DIRECTLY TO VENDORS UPON PRESENTATION OF
INVOICES AND/ OR SATISFACTORY DOCUMENTATION, TO QUALIFYING
BUSINESSES, IN ORDER TO DISBURSE FUNDS AS STATED HEREIN
SUBJECT TO THE AVAILABILITY OF FUNDS.
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 2009
Omni CRA 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 titled "Projects and Strategies" also authorizes the CRA to
further authorize "small business development through the creation of financial resource
pools"; and
WHEREAS, Page 97 of the Plan also 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; 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: 8986 (Revision:) Printed On: 10/2/2026
File ID: 8986 Enactment Number: CRA-R-21-0012
WHEREAS, the Board of Commissioners wishes to allocate an additional
$800,000.00 to a Business Program ("Program") to continue with similar programs in
the Area; and
WHEREAS, funds are available from 2020-2021 Omni Tax Increment Fund
Budget line item 12 for the Program; and
WHEREAS, the Executive Director is requesting authority to disburse funds from
the Program to eligible participants as a grant, as a loan, 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 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 the amount of
$800,000.00 allocated from 2020-2021 Omni Tax Increment Fund Budget line item 12
for the Program.
Section 3. The Executive Director is authorized to disburse funds, at his
discretion, as a grant, as a loan, on a reimbursement basis or directly to vendors upon
presentation of invoices and satisfactory documentation to qualifying businesses.
Section 4. The Executive Director is authorized to execute any and all
documents necessary to effectuate the Program, in a form acceptable to the General
Counsel.
Section 5. This Resolution shall become effective immediately.
APPROVED AS TO FORM AND CORRECTNESS:
City of Miami Page 2 of 2 File ID: 8986 (Revision:) Printed on: 10/2/2026