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HomeMy WebLinkAboutCRA-R-10-0094 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 Memlae(s of the CRA Board From: Pieter A. Bockweg Executive Director Date: November 10, 2010 File: 10-01332 Subject: Grant to Downtown Miami Partnership, Inc. for the Operation of an Art Basel Shuttle. 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 a grant, in an amount not to exceed $5,000, to Downtown Miami Partnership, Inc. ("DMP") to underwrite the costs associated with the operation of a shuttle to events within the SEOPW Redevelopment Area during Art Basel week. The proposed shuttle will transport individuals, during Art Basel week, from events hosted at other locations in Downtown Miami to Art Basel -related events hosted within the SEOPW Redevelopment Area. This grant to DMP will further the CRA's support of Art Basel week. 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: $5,000 from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.