HomeMy WebLinkAboutCRA-R-10-0073 Cover Memo 09-20-2010Omni Board of Commissioners Meeting
September 20, 2010
OMNI REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Marc D. Sarnoff
and Members of the CRA Board
From: Pieter Bockweg
Executive Director
Date: September 10, 2010 File: 10-00690
Subject: Resolution Authorizing Expenditures and
Grants for 2010 Art Basil Events.
References:
Enclosures: 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 expenditures and
grants, in a total amount not exceed $50,000, in support of 2010 Art Basel -related events within the
Redevelopment Area. Expenditures or grants in excess of $4,500 shall be brought before the Board for
ratification.
JUSTIFICATION:
Section 4.4, B., at page 41, of the 2009 Omni Redevelopment Plan, lists the "[creation of] a sustainable regional
destination and identity by capitalizing on the development of the Performing Arts Center and the
Media/Entertainment District," as a stated redevelopment objective.
This Resolution carries out this objective.
FUNDING: $50,000 from Omni Tax Increment Fund, "Other Grants and Aids," Account Code No.
10040.920101.883000.0000.00000.