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HomeMy WebLinkAboutCRA-R-10-0035 Cover Memo 4-26-2010Omni Board of Commissioners Meeting April 26, 2010 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Marc D. Sarnoff and Members of the CRA Board Date: April 16, 2010 File: 10-00528 Subject: Resolution Authorizing a Grant to Film Life, Inc., for the 2010 American Black Film Festival Community Showcase From./,james H. Villacorta References: Executive Director Enclosures: Supporting Documentation; Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the issuance of a grant, in an amount not to exceed $25,000, to underwrite costs associated with the "2010 American Black Film Festival Community Showcase," to be held within the Redevelopment Area from June 25, 2010 through June 27, 2010. Through the CRA's "Shop, Dine, and Explore" marketing campaign, and the 2009 American Black Film Festival Community Showcase, the CRA promoted businesses, cultural facilities, and restaurants within the Redevelopment Area. The 2010 American Black Film Festival Community Showcase will continue to attract visitors to the Redevelopment Area with three days of events that highlight the film and production industries, from June 25, 2010 through June 27, 2010. JUSTIFICATION: Section 4.4, B., at page 41, of the 2009 Omni Redevelopment Plan, lists [c]reat[ing] economic magnets ..." and "[p]romot[ing] concentrations of similar business activities ..." as stated redevelopment objectives. This Resolution carries out these objectives. FUNDING: $25,000 from Omni Tax Increment Fund, "Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000.