HomeMy WebLinkAboutCRA-R-19-0011Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-19-0011
File Number: 5573
Final Action Date:3/7/2019
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING THE ISSUANCE OF A GRANT IN THE AMOUNT OF $280,000.00
WITH A FIVE PERCENT ANNUAL INCREASE STARTING IN 2020 ON THE
GRANT AMOUNT OF THE IMMEDIATE PRECEDING YEAR, FOR A FIVE-YEAR
PERIOD THROUGH 2O23, TO HEADLINER MARKET GROUP, INC. TO
UNDERWRITE COSTS ASSOCIATED WITH THE PRODUCTION OF THE
OVERTOWN MUSIC & ARTS FESTIVAL; AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID
PURPOSE; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO
DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR
DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND
SATISFACTORY DOCUMENTATION; FUNDS TO BE ALLOCATED FROM
SEOPW TAX INCREMENT FUND, ENTITLED "OTHER GRANTS AND AIDS,"
ACCOUNT CODE NO. 10050.920101.883000.0000.00000.
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 in accordance with the 2009 Southeast Overtown/Park
West Redevelopment Plan ("Plan"); and
WHEREAS, under Florida Statutes, Section 163.340(9) of the Community
Redevelopment Act, community redevelopment means "undertakings, activities, or projects of a
... community redevelopment agency in a community redevelopment area for the elimination
and prevention of the development or spread of slums and blight...."; and
WHEREAS, Section 2, Goal 5, at page 11 of the Plan lists the "[p]romotion and
marketing of the community" as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 6, at page 15 of the Plan also lists the promotion of
"local cultural events, institutions, and businesses," as a stated redevelopment principle; and
WHEREAS, Section 2, Principle 14, at page 16 of the Plan provides for the "resto[ration
of] a sense of community and unif[ication in] the area culturally," as a stated redevelopment
principle; and
WHEREAS, Section 2, Principle 6, at page 15 of the Plan provides that in order to
"address and improve the neighborhood economy and expand economic opportunities of
present and future residents and businesses[,] ... [it is necessary to] support and enhance
existing businesses and ... attract new businesses that provide needed services and economic
opportunities ...."; and
City of Miami Page 1 of 3 File ID: 5573 (Revision: A) Printed On: 311812019
File ID: 5573 Enactment Number: CRA-R-19-0011
WHEREAS, established in 2001, Headliner Market Group, Inc. ("HMG") is a promotions
and marketing company that has successfully produced numerous music industry -related
events; and
WHEREAS, HMG seeks to leverage its experience and industry contracts to attract
visitors to the Southeast Overtown/Park West Redevelopment Area by producing the Overtown
Music & Arts Festival ("Festival") for purposes of stimulating the local economy; and
WHEREAS, the 2019 Festival is scheduled to occur on July 13, 2019 in Overtown along
N.W. 2nd Avenue and 3rd Avenue between N.W. 11th Street and N.W. 8th Street during the hours
of 11 a.m. to 7 p.m., and admission will be free to the public; and
WHEREAS, the Festival will entail a showcase of local vendors highlighting their
artwork, local food, and local services, two stages featuring national and local music artists, and
a dedicated "Kid Zone" where youth will be able to experience arts and culture through
participation in specially designed hands-on activities; and
WHEREAS, the Board of Commissioners wish to authorize a grant, in an amount not to
exceed $280,000.00 annually, for a five-year period, subject to the availability of funds, to HMG
to underwrite costs associated with the production of the Festival; and
WHEREAS, the Board of Commissioners finds that such a grant would further the
aforementioned redevelopment goals and objectives.
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 Board of Commissioners hereby authorizes a grant, in an amount not
to exceed to $280,000.00 annually, for a five-year period, subject to the availability of funds, to
Headliner Market Group, Inc. to underwrite costs associated with the production of the
Overtown Music & Arts Festival, which is next scheduled to occur on July 13, 2019.
Section 3. The Executive Director is authorized to execute all documents necessary
for the purposes set forth above.
Section 4. The Executive Director is authorized to disburse funds, at his discretion,
on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory
documentation.
Section 5. Funds are to be allocated from SEOPW Tax Increment Fund, entitled
"Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.
Section 6. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
City of Miami Page 2 of 3 File ID: 5573 (Revision: A) Printed on: 311812019
File ID: 5573
Enactment Number: CRA-R-19-0011
CorcBr"us Shiver, Executive Director 3/15/2019
City of Miami Page 3 of 3 File ID: 5573 (Revision: A) Printed on: 3/18/2019