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HomeMy WebLinkAboutCRA-R-11-0048 10-24-2011 LegislationCity of Miami Legislation CRA Resolution City Hall ' 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00956 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING EXPENDITURES AND GRANTS, IN AN AMOUNT NOT TO EXCEED FIFTY THOUSAND DOLLARS ($50,000), IN SUPPORT OF 2011 ART BASEL-RELATED EVENTS WITHIN THE REDEVELOPMENT AREA; AUTHORIZING THE EXECUTIVE DIRECTOR, AT HIS DISCRETION, TO DISBURSE GRANT FUNDS ON A REIMBURSEMENT BASIS OR DIRECTLY TO SUB -GRANTEES AND VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE, IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM SEOPW TAX INCREMENT FUND, ACCOUNT CODE NO. 10050.920101.883000.0000.00000. WHEREAS, the Southeast Overtown/Park West 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 2, Goal 5/Principle 6, at pages 11 and 15, of the 2009 Southeast Overtown/Park West Redevelopment Plan, lists "promoting and marketing of the community," and "promoting local cultural events, institutions, and businesses are to be promoted" as a stated redevelopment goal; and WHEREAS, pursuant to Florida Statute Chapter 163.370(2)(n), the CRA may coordinate and direct the provisions of Chapter 163 in order that the objective of remedying slum and blighted areas and preventing the causes thereof may be most effectively achieved; and WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-10-0066, 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, through the 2011 Art Basel -Related events, the CRA will be able to promote the businesses, cultural facilities, and restaurants within the Redevelopment Area; and WHEREAS, , the Board of Commissioners wishes to authorize expenditures and grants, in an amount not to exceed Fifty Thousand Dollars ($50,000), in support of 2011 Art Basel -related events within the Redevelopment Area; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA; City of Miami Page 1 of 2 File Id: 11-00956 (Version: I) Printed On: 10/12/2011 File Number 11-00956 Saction1. The nanito|a and findings contained in the Preamble to this Resolution are adopted byreference and incorporated herein aoiffully set forth inthis Section. Section2. Expenditures and gronto, in on amount not to exceed Fifty Thousand Dollars ($50, 000), in support of 2011 Art Basel events within the Redevelopment Area are authorized, Section 3. The Executive Director is audhohzed, at his discretion, to disburse grant funds on a reimbursement basin or directly to sub -grantees and vondonu, upon presentation of invoices and satisfactory documentation. Snction4. The Executive Director is authorized to execute all documents necessary for said purpose, inoform acceptable hoGeneral Counsel. Section 5. $50.000 to be oU000tod from 8EOPVV Tax Increment Fund. Account Code No. 10050.920101.883000.0000-00000, Section8. This resolution shall become effective immediately upon its adoption. APPROVED AGTOFORM AND CORRECTNESS: JUUEO.BRU GENERAL COUNSEL 00,v/Mm»d Page zwm File Id: u-0o"xx(Vemmx: 1) Printed On: /uoz12m/