HomeMy WebLinkAboutCRA-R-12-0020 03-29-12 Cover MemoSEOPW Board of Commissioners Meeting
March 29, 2012
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones Date: March 21, 2012 File: 12-00333
and Members of the CRA Board
From: Pieter A. Bockweg
Executive Director
Subject: Grant for the 2012 Rhythm and Arts Festival
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 a grant, in an amount
not to exceed $50,000, to the Overtown Rhythm & Arts Festival, Inc., to underwrite costs and in -kind
contribution for the 2012 Overtown Rhythm and Arts Festival to be held within the Redevelopment Area on June
23, 2012.
The 2012 Overtown Rhythm and Arts Festival, the CRA will promote businesses, cultural facilities, and
restaurants within the Redevelopment Area. The 2012 Overtown Rhythm and Arts Festival will take place in
Overtown's main business corridor along 3`d Avenue, from 9th Street to 11th Terrace, thereby bringing an
audience to the doorsteps of the local shops and businesses participating in the event.
JUSTIFICATION:
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.
This Resolution carries out these objectives.
FUNDING: Funds from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No.
10050.920101.883000.0000.00000.