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HomeMy WebLinkAboutCRA-R-08-0068 Cover Memo• • • SEOPW & Omni Boards Of Commissioners Meeting December 15, 2008 Item # 4 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: December 5, 2008 File: 08-01470 and Members of the CRA Board From: James H. Villacort < Executive Director Subject: Resolution Ratifying Expenditures and Grants in Support of 2008 Art Basel Events. 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 ("CRAs") approve and adopt the attached Joint Resolution ratifying expenditures and grants in support of 2008 Art Basel events. The Boards of Commissioners, at their November 3, 2008 board meeting, directed the Executive Director to work with the District 2 and District 5 offices to identify grants for 2008 Art Basel events occurring within the Redevelopment Areas and to bring these expenditures and grants back for ratification. This resolution carries out that direction. JUSTIFICATION: Support for these events is consistent with the redevelopment objectives of "[r]estoring a sense of community and unify[ing] the area culturally" 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 Southeast OvertownlPark West Community Redevelopment Plan, as amended. Support for these events is also 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, entitled "Redevelopment Proposal," at page 11, of the 1986 Omni Area Redevelopment Plan, as amended. FUNDING: $35,000 from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000; and $8,500 from Omni Tax Increment Fund, "Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000.