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HomeMy WebLinkAboutCRA-R-05-0030 ResolutionCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 05-00654 Final Action Date: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY (" CRA'") AUTHORIZING A GRANT, IN THE AMOUNT OF $75,000, TO THE PERFORMING ARTS CENTER TRUST, INC. TO UNDERWRITE A PORTION OF THE COSTS ASSOCIATED WITH "LIGHTING THE HOUSE" A 2005 ART BASEL LISTED EVENT TO BE HELD IN THE OMNI REDEVELOPMENT AREA; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL NECESSARY DOCUMENTS FOR SAID PURPOSE; ALLOCATING FUNDS FROM OMNI TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 686001.590320.6.940. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within the Omni Redevelopment District Community Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, the new Miami Performing Arts Center, located in the Omni Redevelopment District Community Redevelopment Area, is critical to the overall economic improvement of the Omni Redevelopment District; and WHEREAS, the Performing Arts Center Trust, Inc. ("Trust") has requested that the CRA provide a $75,000 grant to underwrite a portion of the costs associated with "Lighting the House," a 2005 Art Basel listed event to take place in the Omni Redevelopment Area which will showcase the Redevelopment Area and the Performing Arts Center of Greater Miami; and WHEREAS, this event is consistent with the revitalization strategy of creating "the image of a desirable high quality 'uptown' district with an attractive appearance, a 24-hour activity pattern, and a perception of safety and security" as provided in Section IV, Page 11 of the 1986 Omni Area Redevelopment Plan, as amended; and WHEREAS, the Board of Directors wishes to authorize the grant; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE OMNI REDEVELOPMENT DISTRICT 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. A grant, in the amount of $75,000, to the Performing Arts Center Trust, Inc. to underwrite a portion of the costs associated with "Lighting the House" a 2005 Art Basel listed event to take place in the Omni Redevelopment Area, is authorized. City of Miami Page 1 of 2 Printer( On: 7/15/2005 File Number: 05-00654 Section 3 The Executive Director is authorized to execute all necessary documents for said purpose. Section 4. Funds are to be allocated from Omni Tax Increment Fund, "Other Grants and Aids," Account Code No. 686001.590320.6.940. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: J JORGE . FE NDEZ GENER,� UNSEL City of Miami Page 2 of 2 Printed On: 7/15/2005