HomeMy WebLinkAboutCRA-R-10-0091City of Miami
Legislation
CRA Resolution: CRA-R-10-0091
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 10-01100 Final Action Date:10/14/2010
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING EXPENDITURES AND GRANTS, IN A TOTAL AMOUNT NOT TO
EXCEED $250,000, IN SUPPORT OF THE FILM, MEDIA ENTERTAINMENT, AND
FILM -SUPPORT BUSINESSES WITHIN THE REDEVELOPMENT AREA;
PROVIDING THAT ANY EXPENDITURE OR GRANT IN EXCESS OF $4,500 BE
BROUGHT TO THE BOARD FOR APPROVAL OR RATIFICATION; AUTHORIZING
THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A
REIMBURSEMENT BASIS OR DIRECTLY TO SUB -GRANTEES AND VENDORS,
UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION;
FURTHER AUTHORIZING THE EXECUTION OF ALL DOCUMENTS NECESSARY
FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO GENERAL COUNSEL;
ALLOCATING FUNDS FROM OMNI TAX INCREMENT FUND, "OTHER GRANTS
AND AIDS," ACCOUNT CODE NO. 10040.920101.883000.0000.00000.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is
responsible for carrying out community redevelopment activities and projects within its
Redevelopment Area in accordance with its approved Redevelopment Plan; and
WHEREAS, 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
... Media/Entertainment District," as a stated redevelopment objective; and
WHEREAS, section 4.4, B., at page 41, of the 2009 Omni Redevelopment Plan lists the
"[creation of] economic magnets to draw more businesses to the Omni area to compliment
established activities in the surrounding area," as a stated redevelopment objective; and
WHEREAS, section 4.4, B., at page 41, of the 2009 Omni Redevelopment Plan lists the
"[promotion of] concentrations of similar business activities that reinforce each other and improve the
area -wide economic climate," as a stated redevelopment objective; and
WHEREAS, section 4.4, B., at page 41, of the 2009 Omni Redevelopment Plan lists
"[providing] employment opportunities and upward job mobility for residents," as a stated
redevelopment objective; and
WHEREAS, the CRA seeks to develop the Omni area as an attractive location for those
professionals and entities involved in the film, media, entertainment, and film -support businesses; and
WHEREAS, the Redevelopment Area offers a diverse landscape featuring several distinct
entertainment districts within close proximity to the downtown area; and
WHEREAS, the Board of Commissioners wishes to authorize expenditures and grants, in a
City of Miami Page 1 of 2 File Id: 10-01100 (Version: 1) Printed On: 12/5/2022
File Number: 10-01100 Enactment Number: CRA-R-10-0091
total amount not to exceed $250,000, in support of the film, media entertainment, and film -support
businesses within the Omni redevelopment area;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted
by reference and incorporated herein as if fully set forth in this Section.
Section 2. Expenditures and grants, in a total amount not to exceed $250,000, in support of
the film, media entertainment, and film -support businesses within the Redevelopment Area, provided
that any grant in excess of $4,500 be brought to the Board for approval or ratification, is authorized.
Section 3. The Executive Director is authorized to disburse funds, at his discretion, on a
reimbursement basis or directly to sub -grantee and vendors, upon presentation of invoices and
satisfactory documentation.
Section 4. The Executive Director is authorized to execute all documents necessary for said
purpose, in a form acceptable to General Counsel.
Section 5. Funding to be allocated from Omni Tax Increment Fund, "Other Grants and Aids,"
Account Code No. 10040.920101.883000.0000.00000.
Section 6. This resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 10-01100 (Version: 1) Printed On: 12/5/2022