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HomeMy WebLinkAboutCRA-R-09-0040 Cover Memo• • SEOPW & Omni Boards of Commissioners Meeting June 29, 2009 item # 5 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: June 19, 2009 File: 09-00740 and Members of the CRA Board r From: James H. Villacort Executive Director Subject: Joint Resolution Ratifying Grant to Film Life, Inc. for "2009 American Black Film Festival Community Showcase." References: Enclosures: Supporting Documentation; 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 a grant, under the CRAs' Shop, Dine, and Explore marketing campaign, in an amount not to exceed $20,000, to Film Life, Inc. to underwrite costs associated with presenting the "2009 American Black Film Festiva! Community Showcase" held in the Redevelopment Areas from June 25, 2009 through June 28, 2009. The Boards of Commissioners, by Resolution No. CRA-R-09-0032, passed and adopted on May 18, 2007, authorized an expenditure of funds, in an amount not to exceed $50,000, for a marketing campaign to promote the businesses, cultural facilities, and restaurants within the Redevelopment Areas. As part of the Shop, Dine, and Explore marketing campaign, and in conjunction with Film Life's 13th Annual American Black Film Festival, Film Life, inc. produced a community showcase in the Redevelopment Areas for the film and production industries. JUSTIFICATION: Section 111.B., at page 13, of the 1982 Southeast OvertownlPark West community Redevelopment Plan, as amended, lists "[m]aintain[ing] existing business[es] and attract[ing] new business[es]," as a stated redevelopment objective. Section III.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: $10,000 from SEOPW Tax Increment Fund, "Professional Services - Other," Account Code No.10050.920101.531000.0000.00000, and $10,000 from Omni Tax Increment Fund, "Professional Services - Other," Account Code No. 10040.920101.531000.0000.00000.