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HomeMy WebLinkAboutCRA-R-12-0032 04-30-12 Cover MemoSEOPW Board of Commissioners Meeting April 30, 2012 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: April 24, 2012 File: 12-00480 and Members of the CRA Board / Subject: 2012 Summer Youth Entrepreneur Academy From: Pieter A. Bockweg References: Executive Director 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 allocation funds, in an amount not to exceed $200,000, for the 2012 Summer Youth Entrepreneur Academy. The Board of Commisioners, by Resolution No. CRA-R-10-00787, passed and adopted on May 6, 2010, a grant in an amount not to exceed $480,000, authorizing the continuation of the Summer Youth Employment Program for the Summer of 2010. The program provided job training and placement for individuals between the ages of 15 -24 throughout the Redevelopment Area and the City of Miami. The Board of Commisioners, by Resolution No. CRA-R-11-0027, passed and adopted on May 31, 2011, a grant in an amount not to exceed $322,317, authorizing the continuation of the Summer Youth Employment Program for the Summer of 2011. The program provided job training and placement for individuals between the ages of 15 -24 throughout the Redevelopment Area and the City of Miami. The 2012 will be providing students with the skills, work experience, and certifications that will equip them with invaluable tools that will benefit them as they pursue higher education or enter the job market. It is recommended that the Program be continued in order to provide job training and placement for the upcoming 2012 summer season. JUSTIFICATION: Section 2, Goal 4/Principle 6, at pages 11 and 15, of the 2009 Southeast Overtown/Park West Redevelopment Plan, lists "[greeting jobs within the Community," and promoting local businesses as stated redevelopment goals. This Resolution carries out these goals. FUNDING: Funds to be allocated from SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.