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HomeMy WebLinkAboutCRA-R-10-0093 11-18-2010 Cover MemoSEOPW Board of Commissioners Special Meeting November 18, 2010 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Richard P. Dunn II and Me be .. of the CRA Board From: Pieter A. Bockw-g Executive Director Date: November 10, 2010 File: 10-01327 Subject: Resolution Authorizing Grants Under the 2010 Art Basel Grant Program. References: Enclosures: Supporting Documentation; Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the issuance of grants, in a total amount not to exceed $45,000, to Art Forever Miami, Inc., African Caribbean American Performing Artists, Inc., Art Studio Miami, Inc., and Marvin Weeks under the 2010 Art Basel Grant Program. The Board of Commissioners, by Resolution No. CRA-R-10-0066, passed and adopted on September 20, 2010, authorized the issuance of grants for Art Basel -related events held within the SEOPW Redevelopment Area during Art Basel Week. In response, the CRA has received a number of applications requesting over $300,000 in grants. The total funding, however, was limited to $50,000. The CRA has selected Art Forever Miami, African Caribbean American Performing Artists, Art Studio Miami, and Marvin Weeks as awardees. JUSTIFICATION: Section 2, Goal 5/Principle 6, at pages 11 and 15, of the 2009 Southeast Overtown/Park West Redevelopment Plan, lists "[promoting] [I]ocal cultural events," as a stated redevelopment goal. This Resolution carries out this goal. FUNDING: $45,000 from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.