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HomeMy WebLinkAboutCRA-R-06-0043City of Miami Legislation CRA Resolution: CRA-R-06-0043 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 06-01864 Final Action Date: 10/30/2006 A JOINT RESOLUTION OF THE BOARDS OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES AUTHORIZING GRANTS, IN AN AMOUNT NOT TO EXCEED $75,000, TO UNDERWRITE EVENTS IN THE CRA REDEVELOPMENT AREAS IN CONJUNCTION WITH THE 2006 ART BASEL EVENT; AUTHORIZING THE EXECUTIVE DIRECTOR, AT HIS DISCRETION TO DISBURSE SAID GRANT FUNDS ON A REIMBURSEMENT BASIS, OR DIRECTLY TO SUB -GRANTEES AND VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; PROVIDED THAT ANY GRANT OVER $4,500, SHALL BE BROUGHT BEFORE THE BOARD FOR RATIFICATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL NECESSARY DOCUMENTS IN A FORM ACCEPTABLE TO GENERAL COUNSEL; FUNDS FOR THE GRANTS, IN THE AMOUNT OF $37,500, TO BE ALLOCATED FROM OMNI TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10040.920101.883000.0000.00000 AND, IN THE AMOUNT OF $37,500, FROM SOUTHEAST OVERTOWN/PARK WEST TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. WHEREAS, previous Art Basel events underwritten by grants from the Omni Redevelopment District Community Redevelopment Agency ("CRA") have brought positive national and international attention to the Redevelopment Area; and WHEREAS, the CRA has received requests for grant funding to underwrite the presentation of 2006 Art Basel events which will showcase the Southeast Overtown/Park West and Omni Redevelopment Areas; and WHEREAS, support for events in conjunction with Art Basel 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, "Redevelopment Proposal," at page 11, of the 1986 Omni Area Redevelopment Plan, as amended; and WHEREAS, support for this event is consistent with the redevelopment objectives "of restoring a sense of community" and "Program[ing] activities and events that recreate the former vitality and atmosphere of the community ..." as provided in Section III, B., at page 13, and Section IV, M., paragraph 4, at page 97, of the 1982 Southeast Overtown/ Park West Community Redevelopment Plan, as amended; and WHEREAS, the Boards of Commissioners wishes to authorize the grants; NOW, THEREFORE, BE IT RESOLVED BY THE BOARDS OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT DISTRICT COMMUNITY City of Miami Page 1 of 2 File Id: 06-01864 (Version: 1) Printed On: 1/13/2023 File Number: 06-01864 Enactment Number: CRA-R-06-0043 REDEVELOPMENT AGENCIES 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. Grants, in an amount not to exceed $75,000, to underwrite events in the CRA redevelopment areas in conjunction with the 2006 Art Basel event, are authorized. Section 3. The Executive Director is authorized, at his discretion, to disburse said grant funds, on a reimbursement basis, or directly to approved sub -grantees and vendors, upon presentation of invoices and satisfactory documentation; provided that any grant over 4,500 shall be brought before the Board for ratification. Section 4. The Executive Director is authorized to execute all necessary documents, in a form acceptable to General Counsel. Section 5. Funds for the grant, in the amount of $37,500, shall be allocated from OMNI Tax Increment Fund, "Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000, and, in the amount of $37,500, from Southeast Overtown/Park West Tax Increment Fund, "Other Grants And Aids", Account Code No. 10050.920101.883000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 06-01864 (Version: 1) Printed On: 1/13/2023