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HomeMy WebLinkAboutCRA-R-17-0016 Scrivener's Error MemoSOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM Todd Hannon City Clerk Renee A. Jadusingh SEOPW CRA Staff Counsel Date: April 4, 2017 1975 Subject: Scrivener's Error — CRA Resolution No. 17- 0016, adopted on March 21, 2017, authorizing grant, in an amount not to exceed $225,000, to Headliner Market Group, Inc. to underwrite the costs associated with the 2017 Overtown Music & Arts Festival. References: Enclosures Legislation CRA Resolution No. 17-0016, adopted on March 21, 2017, authorizing grant, in an amount not to exceed $225,000, to Headliner Market Group, Inc. to underwrite the costs associated with the 2017 Overtown Music & Arts Festival, contained a scrivener's error, in which the grant amount was written as $200,000 in "whereas clause number 8" and in "Section 2". The correct grant amount is $225,000 and the scrivener's error was corrected in the legislative file under revision A. 1915 -Scriveners error Memo Southeast Overtown/Park West Community Redevelopment Agency - -9 • r Legislation CRA Resolution CRA-R-17-0016' File Number: 1975 Final Action Date:3/21/2017 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST 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. 11th Terrace and N.W. 8th 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 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 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 $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. 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: v R6TVe J6dusPngh, Staff Co` nse! --,-t 4/2017 R ee adusingh, Staff Cdilnsel t` 1/2017 City of Miami Page 2 of 2 File ID: 1975 (Revision: A) Printed on: 411112017