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
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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
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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
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aforementioned redevelopment goals and objectives;
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NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
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THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
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OF THE CITY OF MIAMI, FLORIDA:
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Section 1. The recitals and findings contained in the Preamble to this Resolution are
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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
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to exceed to $225,000, to Headliner Market Group, Inc. to underwrite costs associated with the
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production of the 2017 Overtown Music & Arts Festival, scheduled to occur on July 15, 2017.
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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
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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
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RE,iee Jadus ngh, Staff G nseI S; 14/2017 m
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City of Miami Page 2 of 2 File ID: 1975 (Revision:) Printed on: 4/11/2017