HomeMy WebLinkAboutCRA-R-12-0020 03-29-12 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00333 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
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; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE THE GRANT
ON A REIMBURSEMENT BASIS OR DIRECTLY TO 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,
"OTHER GRANTS AND AIDS," 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, through the 2012 Overtown Rhythm and Arts Festival ("Event"), the CRA will
promote businesses, cultural facilities, and restaurants within the Redevelopment Area. The Event will
take place in Overtown's main business corridor along 3rd Avenue, from 9th Street to 11th Terrace,
thereby bringing an audience to the doorsteps of the local shops and businesses participating in the
Event; and
WHEREAS, the Board of Commissioners wishes to authorize 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 Event to be held within the Redevelopment Area on June 23, 2012;
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:
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. A grant, in an amount not to exceed $50,000, to the Overtown Rhythm & Arts
City of Miami Page 1 of 2 File Id: 12-00333 (Version: 1) Printed On: 3/20/2012
File Number: 12-00333
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, is authorized.
Section 3. The Executive Director is authorized, at his discretion, to disburse the grant 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 SEOPW Tax Increment Fund, "Other Grants and Aids,"
Account Code No. 10050.920101.883000.0000.00000.
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: 12-00333 (Version: 1) Printed On: 3/20/2012