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HomeMy WebLinkAboutCRA-R-09-0032 Cover Memo• • SEOPW & Omni Boards of Commissioners Meeting May 18, 2009 Item # 4 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Janes Date: May 8, 2009 File: 09-00533 and Members of the CRA Board Subject: Joint Resolution Authorizing Funding for a Marketing Campaign to Promote the Businesses, Cultural Facilities, and Restaurants within the Redevelopment Areas. From: Jaynes H. Villacorta References: Executive Director/ 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 authorizing the expenditure of funds, for a marketing campaign to promote the businesses, cultural facilities, and restaurants within the redevelopment areas. The CRAs seek to launch a "Shop, Dine, and Explore" marketing campaign to promote the businesses, cultural facilities, and restaurants within the Redevelopment Areas. This campaign will enhance existing programs, such as the beautification, business development, and banner programs to attract visitors to the Redevelopment Areas. JUSTIFICATION: Section llI.B., at page 13, of the 1982 Southeast Overtown/Park West Community Redevelopment Plan, as amended, lists "[m]aintain[ing] existing business[es] and attracting] new business[es]," as a stated redevelopment objective. Section 111.B., at page 9, of the Omni Area Redevelopment Plan, as amended, lists "[c]reat[ing] economic magnets . ." and `°[p]romot[ing] concentrations of similar business activities . . ." as stated redevelopment objectives. This Resolution accomplishes these objectives. FUNDING: $25,000 from SEOPW Tax Increment Fund, "Professional Services — Other," Account Code No. 10050.920101.531000.0000.00000, and $25,000 from Omni Tax Increment Fund, "Professional Services — Other," Account Code No. 10040.920101.531000.0000.00000.