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HomeMy WebLinkAboutCRA-R-07-0049 Cover Memo• • • SEOPW & Omni Boards of Commissioners Meeting November 28, 2007 Item # 3 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: November 20, 2007 File: 07-01462 and Members of the CRA Board Subject: Approval of Grant to the City of Miami for Jazz event at the Lyric Theater From: James H. VillacortaReferences: Executive Director Enclosures: Legislaton BACKGROUND: The attached resolution authorizes a grant to the City of Miami, in an amount not to exceed $100,000, to underwrite a portion of the Jazz event to be held in February 2008 at the Lyric Theater, 819 NW 2nd Avenue, Miami, Florida. The CRA and the City of Miami underwrote the cost of a two-day Jazz event at the Lyric Theater in Overtown in 2007. It was anticipated that this would be an annual event showcasing the Lyric Theater, acknowledging the area's history, and reviving the area's standing as a destination for jazz and blues performances JUSTIFICATION: Support of this event is consistent with the redevelopment objectivities "of restoring a since of community" and "[p]rogram[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 SEOPW Redevelopment plan, as amended. FUNDING: $100,000 from FY '08 SEOPW Tax Increment Fund, entitled "Other Grants and Aids", Account Code No. 10050.920101.883000.0000.00000. JHV/pk