HomeMy WebLinkAboutCRA-R-12-0042 Cover MemoSEOPW Board of Commissioners Meeting
June 25, 2012
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones Date: June 15, 2012 File: 12-00589
and Members of the CRA Board
Subject: Resolution authorizing expenditures and
grants for the 2012 Art Basel events.
From: Clarence E. Woods, III l/`�' References:
Executive Director
Enclosures: 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 expenditures and
grants, in an amount not to exceed Fifty Thousand Dollars ($50,000), in support of the 2012 Art Basel -related
events within the Redevelopment Area.
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.
The Board of Commissioners, by Resolution No. CRA-R-11-0048, passed and adopted on October 24, 2011,
authorized the issuance of grants for Art Basel -related events held within the SEOPW Redevelopment Area
during 2011 Art Basel Week.
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.
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.
Through the 2012 Art Basel -Related events, the CRA will be able to promote the businesses, cultural facilities,
and restaurants within the Redevelopment Area.
This Resolution carries out the goals of the Southeast Overtown/Park West Redevelopment Plan.
FUNDING:
Funds are to be allocated from SEOPW Tax Increment Fund, "Other Grants and Aids", Account Code No.
10050.920101.883000.0000.00000.