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HomeMy WebLinkAboutCRA-R-07-0048City of Miami Legislation CRA Resolution: CRA-R-07-0048 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-01463 Final Action Date: 11/28/2007 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $50,000, TO THE ORANGE BOWL COMMITTEE, INC. TO UNDERWRITE A PORTION OF THE COSTS ASSOCIATED WITH THE 2008 ORANGE BOWL FAN FEST EVENT TO BE HELD AT MARGARET PACE PARK ON JANUARY 2, 2008; 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 TO BE ALLOCATED FROM OMNI TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10040.920101.883000.0000.00000. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency of the City of Miami, Florida ("CRA"), is responsible for carrying out community redevelopment activities and projects in accordance with its Redevelopment Plan; and WHEREAS, The Orange Bowl Committee, Inc. has requested that the CRA provide a grant, in an amount not to exceed $50,000, to underwrite a portion of the cost of the 2008 Orange Bowl Fan Fest to be held at Margaret Pace Park on January 2, 2008; and WHEREAS, 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, as amended; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS 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 is authorized, in an amount not to exceed $50,000, to The Orange Bowl Committee, Inc. to underwrite a portion of the costs associated with the 2008 Orange Bowl Fan Fest event to be held at Margaret Pace Park on January 2, 2008. Section 3. The Executive Director is authorized, 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. City of Miami Page 1 of 2 File Id: 07-01463 (Version: 11 Printed On: 1/5/2023 File Number: 07-01463 Enactment Number: CRA-R-07-0048 Section 4. The Executive Director is authorized to execute all necessary documents, in a form acceptable to General Counsel. Section 5. Funds are to be allocated from OMNI Tax Increment Fund, "Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 07-01463 (Version: 11 Printed On: 1/5/2023