HomeMy WebLinkAboutCRA-R-05-0029 Cover MemoSEOPW & Omni Board of Directors Meeting
July 25, 2005
Item #4
SOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
Chairman Johnny L. Winton
And Members of the CRA Board
Date: 07/15/05 File:05-00653
Subject: Grant to The Black Archives
For VMA Bacardi Party
Frank K. Rollason References:
Executive Director
Enclosures: Supporting Documentation;
Legislation
RECOMMENDATION:
It is recommended that the Board of Directors for the Southeast Overtown Park West (SEOPW)
Community Redevelopment Agency (CRA) approve and adopt the attached Resolution
authorizing the Executive Director to provide a Grant to The Black Archives in the amount of
$20,000 to cover the fee for the rental of the Lyric Theater for the Bacardi Party in connection with
the 2005 MTV Video Music Awards to be held at the American Airlines Arena during the last week
of August 2005.
JUSTIFICATION:
The 2005 MTV Music Video Awards Show will be held in Miami at the American Airline Arena.
The Bacardi Party, however, will bring the celebration to the Lyric Theater in Overtown, the oldest
legitimate theater still in existence in Miami and once part of Overtown's famed "Little Broadway."
Not only will hosting the event at the Lyric echo back to the days when music, celebrities, dancing
and clubs were a regular part of the community's life, it will help showcase the revitalization of
Overtown and the restoration of the historic Lyric Theater, itself. This event complies with the
Redevelopment Objectives of the 1982 SEOPW Redevelopment Plan, Section B — "Restore a
sense of community and unify the area culturally" as well as the objective to "Preserve historic
buildings and sites". As more people become aware of the history of the Lyric and see the
restoration as well as improvements, it becomes easier for The Black Archives to obtain donations
in furtherance of historic preservation throughout Overtown.
FUNDING SOURCE: $20,000 from Account Code 689001.550108.6.940 entitled "Other Grants
and Aids".
FKR/eh