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HomeMy WebLinkAboutCRA-R-11-0048 10-24-2011 Cover MemoSEDPVVBoard ofCommissioners Meeting October 24.2O11 SOUTHEAST {]VERTOVVN/PARP{WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones and Members nfthe ORABoard From: Pieter A.Bookweg Executive Director Date: October 17,2U11 Fi|a:11-0005O Subject: Resolution Authorizing Expenditures and Grants for the 2011 Art Base[ Events. References: Enclosures: Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Ovurtoxvn/Pork West Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing expenditures and granto, in on amount not to exceed Fifty Thousand Dollars ($50.000). in support of the 2011 Art Baoo|'ne|ebed events within the Redevelopment Area. The Board ofCommissioners, by Resolution No. CRA-R-10-0060.paseed and adopted on September2O'2O1O. authorized the issuance ofgrants for Art Basel -related events held within the GEOPVV Redevelopment Area during 2O1OArt Basel Week. JUSTIFICATION: Section 2.Goal 5/Phncip|e6.stpages 11and 1S.ofthe 20O9Southeast West Redevelopment Plan, lists "promoting and marketing of the commundx.^ and "promoting local cultural eventa, institutions, and businesses are bobepromoted" moastated redevelopment goal. Pursuant to Florida Statute Chapter 163.370(2)(n\. the CR\ may coordinate and direct the provisions of Chapter 103 in order that the objective of remedying slum and blighted areas and preventing the causes thereof may bo most effectively achieved. Through the 2011 Art Basel -Related events, the CRA will be able to promote the buainenaes, cultural fani|itiea, and restaurants within the Redevelopment Area. This Resolution carries out the goals of the Southeast Overtown/Park West Redevelopment Plan. FUNDING: $5O.00Ofrom GEOPVVTax Increment Fund, Account Code No. 10O50.Q20101.8830OOD0OO.U00OU.