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HomeMy WebLinkAboutCRA-R-07-0055 Cover Memo• • • SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM SEOPW & OMNI Boards of Commissioners Meeting December 12, 2007 Item # 6 To: Board Chair Michelle Spence -Jones and Members of the CRA Board Date: December 5, 2007 File: 07-01501 Subject: Ratification of Grants Awarded to George Sanchez -Calderon and Marvin Weeks for 2007 Art Basel Events From: James H. VillacortReferences: Executive Director Enclosures: Supporting Documentation; Legislation BACKGROUND: The Board of Commissioners, by Resolution No. CRA-R-07-0046, passed and adopted on October 29, 2007, authorized funding, in an amount not to exceed $37,500, for grants in conjunction with 2007 Art Basel events, provided that any grant over $$4,500 would be brought before the Board for ratification. The attached Resolution ratifies the issuance of the following grants in conjunction with the 2007 Art Basel Event: a grant. in an amount not to exceed $30,000, to Mr. George Sanchez -Calderon for his Art Basel listed exhibition, "Off Island at the Bakery"; and a grant, in an amount not to exceed $7.500, to Mr. Marvin Weeks for his Local Global Artist Diaspora ("LOGLO") Closing Reception at the Historic Lyric Theater. JUSTIFICATION: As required in Resolution No. CRA-R-07-0046. which allocated funds for Art Basel grants, this resolution seeks ratification of issuance of the grants authorized by the resolution. Support for these events is consistent with the redevelopment objectives "of restoring a sense of community" and "[p]rogram[ing] activities and events that recreate the former vitafity 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 provided in Resolution No. CRA-R-07-0046, it is the intent of the Executive Director to disburse the grant funds on a reimbursement basis, or directly to sub -grantees and vendors, upon presentation of invoices and satisfactory documentation. FUNDING SOURCE: $37,500 from SEOPW Tax Increment Fund, "Other Grants and Aids." Account Code No. 10050.920101.883000.0000.00000. (Previously authorized by Resolution No. CRA-R-07-0046). JHVIeh