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HomeMy WebLinkAboutCRA-R-08-0055 Cover Memo• • SEOPW & Omni Boards Of Commissioners Meeting October 27, 2008 Item # 5 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: October 17, 2008 File: 08-00941 and Members of the CRA Board From: James H. Villacort9i" Executive Director' Subject: Resolution Authorizing the Expenditure of Funds for the Purchase and Installation of Holiday Banners throughout the Redevelopment Areas. References: Enclosures: Legislation BACKGROUND: It is recommended that the Boards of Commissioners of the Southeast Overtown/Park West and Omni Redevelopment District Community Redevelopment Agencies approve and adopt the attached Joint Resolution authorizing the expenditure of funds, in an amount not to exceed $10,000, for the purchase and installation of holiday banners on street light poles throughout the SEOPW and Omni Redevelopment Areas. On November 27th 2006, the Boards of Commissioners requested a holiday decorating program be implemented in the SEOPW and Omni Redevelopment Areas. This Resolution provides for production and installation of holiday banners in the SEOPW and Omni Redevelopment Areas in time for the upcoming holiday season. JUSTIFICATION: Section IV., paragraph 4, page 97 of the Southeast Overtown/Park West Redevelopment Plan, as amended, lists "[r]ecreat[ing] the feeling and atmosphere of `Historic Overtown' , . . through the . . . [p]lacement of distinctive street furniture, ... such as ... signs ..." as a stated objective. Section III.C., paragraph 5, page 10 of the Ornni Area Redevelopment Plan, as amended, lists the "[e]nhance[ment of] the area's visual attractiveness to businesses and residents" as a stated redevelopment objective. This program carries out these objectives. FUNDING: Funds are to be allocated as follows: $5,000 from SEOPW Tax Increment Fund, entitled "Other Contractual Services," Account Code No. 10050.920101.534000.0000.00000, and $5,000 from Omni Tax Increment Fund, entitled "Other Contractual Services," Account Code No. 10040.920101.534000.0000.00000. JHV/pk