HomeMy WebLinkAboutCRA-R-06-0047 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 06-02056
Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $100,000, TO BET
DIGITAL NETWORKS, LLC, D/B/A BET J , FOR THE 2007 BET J SUPERBOWL
FESTIVAL AT THE LYRIC THEATER, 819 NW 2nd AVENUE, MIAMI, FLORIDA;
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; AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE ALL NECESSARY DOCUMENTS IN A FORM
ACCEPTABLE TO GENERAL COUNSEL; FUNDS IN THE AMOUNT OF $100,000
TO BE ALLOCATED FROM SOUTHEAST OVERTOWN/PARK WEST TAX
INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO.
10050.920101.883000.0000.00000
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA")
is responsible for carrying out community redevelopment activities and projects in accordance with its
Redevelopment Plan; and
WHEREAS, the CRA has received a request for grant funding to underwrite a portion of the
cost of presenting the 2007 BET J Superbowl Festival which will showcase the Lyric Theater; 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 Board of Commissioners wishes to authorize the grant;
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. A grant, in an amount not to exceed $100,000, to BET Digital Networks, LLC,
d/b/a BET J, for the 2007 BET J Superbowl Festival at the Lyric Theater, 819 NW 2nd Avenue,
Miami, Florida is authorized.
Section 3. The Executive Director is authorized, at his discretion, to disburse said grant
City of Miami
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File Number: 06-02056
funds, on a reimbursement basis, or directly to approved sub -grantees and vendors, upon
presentation of invoices and satisfactory documentation,
Section 4. The Executive Director is authorized to execute all necessary documents, in a
form acceptable to General Counsel.
Section 5. Funds, an amount not to exceed $100,000, shall be allocated 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.
APPROVE'A
FORM AND CORRECTNESS:
J• `GE L. =E` NANDEZ
GENERAL'CS. NSEL
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