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HomeMy WebLinkAboutCRA-R-24-0020Southeast Overtown/Park West Community Redevelopment Agency Legislation CRA Resolution: CRA-R-24-0020 File Number: 15585 Final Action Date:2/22/2024 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA") DEALLOCATING FUNDS IN AN AMOUNT NOT TO EXCEED NINETY-SIX THOUSAND DOLLARS AND ZERO CENTS ($96,000.00) ("FUNDS"), FROM EYEURBANTV.COM, LLC ("GRANTEE") AUTHORIZED PURSUANT TO SEOPW CRA RESOLUTION NO. CRA-R-23-0039, ADOPTED ON JULY 27, 2023; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO TAKE ALL NECESSARY ACTIONS REQUIRED TO EFFECTUATE THE DEALLOCATION; PROVIDING FOR INCORPORATION OF RECITALS AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on July 27, 2023, the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("Board") adopted Resolution No. CRA-R-23-0039 which authorized the allocation of funds in an amount not to exceed One Million Two Hundred Eighteen Thousand Six Hundred Twelve Dollars and Seventy -Three Cents ($1,218,612.73) to various community organizations; and WHEREAS, included among the allocations contained in Resolution No. CRA-R-23-0039 an amount not to exceed Ninety -Six Thousand Dollars and Zero Cents ($96,000.00)("Funds") to EyeUrbanTV.com, LLC (the "Grantee"); and WHEREAS, the Grantee ceased operation on or about January 3rd, 2024; and WHEREAS, due to the aforementioned, the intent of the allocation can no longer be accomplished; and WHEREAS, the Board wishes to deallocate the Funds so they can be used to further the goals of the Southeast Overtown/Park West Community Redevelopment Agency; 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 Funds previously allocated to the Grantee pursuant to Resolution No. CRA- R-23-0039 on July 27, 2023 are hereby deallocated. Section 3. The Executive Director is authorized to take all necessary actions to effectuate the deallocation. Section 4. Sections of this Resolution may be renumbered or re -lettered and correction of typographical errors which do not affect the intent may be authorized by the Executive Director, or the City of Miami Page 1 of 2 File ID: 15585 (Revision:) Printed On: 2/26/2024 File ID: 15585 Enactment Number: CRA-R-24-0020 Executive Director's designee, without need of a public hearing, by filing a corrected copy of the same with the City of Miami Clerk. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ounsel 2/15/2024 City of Miami Page 2 of 2 File ID: 15585 (Revision:) Printed on: 2/26/2024