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HomeMy WebLinkAboutCRA-R-06-0044 Cover Memo• • • SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM SEOPW & Omni Board of Commissioners Meeting October 30, 2006 Item # 8 To: Board Chair Michelle Spence -Jones and Members of the CRA Board Date: October 20, 2006 File: 06-01865 Subject: Recommendation to Approve Grant to Orange Bowl Committee From: James H. Villacortail References: Executive Director.." Enclosures: Supporting Documentation; Legislation RECOMMENDATION: It is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency approve the attached Resolution authorizing the Executive Director to provide a grant, in an amount not to exceed $50,000, to the Orange Bowl Committee, Inc. to partially underwrite the Orange Bowl Beach Bash event to be held at Margaret Pace Park on January 1, 2007. JUSTIFICATION: This event serves as a pep rally for the 2007 FedEx Orange Bowl and features the University bands, teams, former players, as well as local performers and nationally recognized musical acts. The Orange Bowl Committee's goal this year is to provide the visiting fans a true "Taste of Miami." As such, local restaurants, including some in Overtown, have been invited to provide a "Taste of Miami" by selling some of their signature dishes at the event. Support for 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, "Redevelopment Proposal," paragraph A., at page 11, of the 1986 Omni Area Redevelopment Plan. The CRA's funding would be matched two -to -one by the City of Miami. FUNDING SOURCE: $50,000 from Omni Tax Increment Fund, "Other Grants And Aids," Account Code No. 10040.920101.883000.0000.00000. JHV/eh