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HomeMy WebLinkAboutCRA-R-17-0016 Legislation-SUBSoutheast Overtown/Park West Community Redevelopment Agency Legislation CRA Resolution CRA-R-17-0016 File Number: 1975 Final Action Date:3/21/2b'47 c-a A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST CD OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $225,000, TO HEADLINER MARKET GROUP, INC. TO UNDERWRITE COSTS ASSOCIATED WITH THE PRODUCTION OF THE 2017 OVERTOWN MUSIC & ARTS FESTIVAL, SCHEDULED TO OCCUR ON JULY 15, 2017; 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 ("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, Section 2, Goal 5, at page 11, of the Plan lists the promotion of "local cultural events, institutions, and businesses," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 14, at page 16, of the Plan provides for the "resto[ration of] a sense of community and unification in] the area culturally," as a stated redevelopment principle; and 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 in order to attract visitors to the Southeast Overtown/Park West Redevelopment Area by producing the 2017 Overtown Music & Arts Festival ("Festival') for purposes of stimulating the local economy; and WHEREAS, the Festival is scheduled to occur on July 15, 2017 in the former Entertainment District of Overtown along N.W. 2nd between N.W. 1111 Terrace and N.W. 811 Street during the hours of 11 a.m. to 6 p.m., and admission would 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" wherein youth will be able to experience arts and culture through participation in specially designed hands on activities; and City of Miami Page 1 of 2 File ID: 1975 (Revision: A) Printed On: 411112017 z m w O Z j J V z 0 mc�� tA m O LL. a O W a W �mUJ � Q � oZa 0 (D z Lnocw = O N File ID: 1975 Enactment Number: CRA-R-17-0016 WHEREAS, the Board of Commissioners wish to authorize a grant, in an amount not to exceed $225,000 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 o UJ Z W aforementioned redevelopment goals and objectives; :3 J U NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF z o THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 00 `" OF THE CITY OF MIAMI, FLORIDA: 0 ►_ - a a M. O Section 1. The recitals and findings contained in the Preamble to this Resolution are Z 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 U Co J z UJ = to exceed to $225,000, to Headliner Market Group, Inc. to underwrite costs associated with the o c9 Q production of the 2017 Overtown Music & Arts Festival, scheduled to occur on July 15, 2017. N R W O Ln 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: Re gee Jadusingh, Staff C d nsel 3/14/2017 Rdriee Jadusing6, Staff Cb nsel `«w f 1/2017 City of Miami Page 2 of 2 File ID: 1975 (Revision: A) Printed on: 411112017 Southeast Overtown/Park West • Community Redevelopment Agency Legislation CRA Resolution CRA-R-17-0016 File Number: 1975 FinaVAction Date:3121/2017 A RESOLUTION OF THE BOARD OF COMMISSIONERS O THE SOUTHEAST inOVERTOWN/PARK WEST COMMUNITY REDEVELOPM T AGENCY I`61 AUTHORIZING A GRANT, IN AN AMOU/ION TO EX ED $225,000, TO HEADLINER MARKET GROUP, INC. TOWRIT COSTS ASSOCIATED WITH THE PRODUCTION OF THE 2017OW MUSIC & ARTS FESTIVAL, SCHEDULED TO OCCUR O15, 017; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE C ENTS NECESSARY FOR SAID PURPOSE; FURTHER AUTHORIZEXECUTIVE DIRECTOR TO (n DISBURSE FUNDS, AT HIS DISCRETIOREIMBURSEMENT BASIS OR m DIRECTLY TO VENDORS, UPON PRESION OF INVOICES AND SATISFACTORY DOCUMENTATION; FO BE ALLOCATED FROM SEOPW TAX INCREMENT FUND, ENTITHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.8800.00000. WHEREAS, the Southeast Overtown/ ark West Community Redevelopment Agency ("CRA") is a community redevelopmen/ae cy created pursuant to Chapter 163, Florida Statutes, and is responsible for carryinommunity redevelopment activities and projects within its Redevelopment Area in accowith the 2009 Southeast Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, Section 2, Goa 6, at page 11, of the Plan lists the promotion of "local cultural events, institutions, and bXsinesses," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 14, at page 16, of the Plan provides for the "resto[ration of] a sense of community an unification in] the area culturally," as a stated redevelopment principle; and WHEREAS, est lished in 2001, Headliner Market Group, Inc. ("HMG') is a promotions and marketing comp y that has successfully produced numerous music industry -related events; and WHERE HMG seeks to leverage its experience and industry contracts in order to attract visitors the Southeast Overtown/Park West Redevelopment Area by producing the 2017 Overto Music & Arts Festival ("Festival') for purposes of stimulating the local economy; and HEREAS, the Festival is scheduled to occur on July 15, 2017 in the former V� nment District of Overtown along N.W. 2"d between N.W. 11th Terrace and N.W. 8th during the hours of 11 a.m. to 6 p.m., and admission would be free to the public; and WHEREAS, the Festival will entail a showcase of local vendors highlighting their rtwork, local food, and local services, two stages featuring national and local music artists, and a dedicated "Kid Zone" wherein youth will be able to experience arts and culture through participation in specially designed hands on activities; and City of Miami Page 1 of 2 File ID: 1975 (Revision:) Printed On: 411112017 File ID: 1975 Enactment Number: CRA-R-17-0016 WHEREAS, the Board of Commissioners wish to authorize a grant, in an amount not to exceed $200,000 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 C9MMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEV OPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the P amble to this Resolution are adopted by reference and incorporated herein as if fully set fortn this Section. Section 2. The Board of Commissioners hereby thorizes a grant, in an amount not to exceed to $200,000, to Headliner Market Group, Inc. to Oderwrite costs associated with the production of the 2017 Overtown Music & Arts Festival, s9fieduled to occur on July 15, 2017. Section 3. The Executive Director is author ed to execute all documents necessary for the purposes set forth above. Section 4. The Executive Director is Athorized to disburse funds, at his discretion, on a reimbursement basis or directly to vendor upon presentation of invoices and satisfactory documentation. Section 5. Funds are to be allo0ated from SEOPW Tax Increment Fund, entitled "Other Grants and Aids," Account Code Vo. 10050.920101.883000.0000.00000. Section 6. This Resolutio shall become effective immediately upon its adoption. APPROVED AS TO FORM AND GAL SUFFICIENCY: o W H H RE,iee Jadus ngh, Staff G nseI S; 14/2017 m V) D City of Miami Page 2 of 2 File ID: 1975 (Revision:) Printed on: 4/11/2017