HomeMy WebLinkAboutCRA-R-10-0095 11-18-2010 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 10-01313 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, WITH
ATTACHMENT(S), AUTHORIZING THE ISSUANCE OF GRANTS, AS MORE
SPECIFICALLY SET FORTH IN ATTACHMENT "A," IN A TOTAL AMOUNT NOT
TO EXCEED $50,000, TO (1) BRAINSPEED PRODUCTIONS, INC., (2) ESPACIO
MIAMI PROPERTIES, LLC, (3) METRO 1 PROPERTIES, INC., AND (4)
MIAMI-MIAMI BEACH BIENNALE, INC., UNDER THE 2010 ART BASEL GRANT
PROGRAM AUTHORIZED BY RESOLUTION NO. CRA-R-10-0073; AUTHORIZING
THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A
REIMBURSEMENT BASIS, OR DIRECTLY TO 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, the Board of Commissioners, by Resolution No. CRA-R-10-0073, passed and
adopted on September 20, 2010, authorized the creation of the 2010 Art Basel Grant Program and
allocated a total of $50,000 for grantees under the Program; and
WHEREAS, the CRA has received applications for the Program, with the total funding
requested among all applicants exceeding $400,000; and
WHEREAS, the CRA has selected the proposals of Brainspeed Productions, Inc., Espacio
Miami Properties, LLC, Metro 1 Properties, Inc., and Miami -Miami Beach Biennale, Inc. (collectively,
the "Awardees") for grants under the Program; and
WHEREAS, the Board of Commissioners wishes to authorize the issuance of grants, as more
specifically set forth in Attachment "A," in a total amount not to exceed $50,000, to the Awardees;
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. The issuance of grants, as more specifically set forth in Attachment "A," in a total
City of Miami Page 1 of 2 File Id: 10-01313 (Version: 1) Printed On: 11/5/2010
File Number: 10-01313
amount not to exceed $50,000, to (1) Brainspeed Productions, Inc., (2) Espacio Miami Properties,
LLC, (3) Metro 1 Properties, Inc., and (4) Miami -Miami Beach Biennale, Inc., under the 2010 Art Basel
Grant Program authorized by Resolution No. CRA-R-10-0073, is authorized.
Section 3. The Executive Director is authorized to disburse funds, at his discretion, on a
reimbursement basis, or directly to 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. Funds 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.
APPROVED AS TO FORM AND CORRECTNESS:
JULIE O. BRU
GENERAL COUNSEL
City of Miami Page 2 of 2 File Id: 10-01313 (Version: 1) Printed Ott: 11/5/2010