HomeMy WebLinkAboutCRA-R-13-0007 09-24-2012 Cover memoSEOPW Board of Commissioners Meeting
September 24, 2012
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones Date: September 14, 2012 File: 12-01055
and Members of the CRA Board
From: Clarence E. Woods,Ill
Executive Director
Subject: Resolution Authorizing a Grant to
Film Life, Inc. to Operate the
Miami Film Life Center
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 the issuance of a grant
in an amount not to exceed $300,000, to Film Life Inc., to underwrite a portion of the cost to operate and
program the Miami Film Life Center and the CRA's Film Institute.
The Board of Commissioners, by Resolution No. CRA-R-12-0021, passed and adopted on March 29, 2012,
authorized a grant, in an amount not to exceed $50,000, to Film Life Inc., to promote film related opportunities
within the Redevelopment Area, foster new economic opportunities for stakeholders, and assist the CRA in
conceptualizing a film -industry educational resource center and incubator program offering industry master
classes with renowned persons in the film industry.
During the months of June through August, 2012, CRA staff and representatives of Film Life, Inc. convened
several meetings with potential investors and partner organizations, including the University of Miami,
Department of Cinema and Interactive Media, ("UM") and the School Board of Miami Dade County ("School
Board"), in furtherance of the Miami Film Life Center and training initiative. The Miami Film Life Center will be
housed at the Chapman House, a School Board facility located within Overtown, and the training component will
be facilitated by UM. The Miami Film Life Center is expected to open on November 30, 2012.
JUSTIFICATION:
Principle 4, at page 14, of the 2009 Southeast Overtown/Park West Community Redevelopment Plan ("Plan")
lists making employment opportunities available to existing residents of Overtown as a stated redevelopment
principle.
Principle 6, at page 15, of the Plan lists expanding the economic opportunities of present and future residents
and businesses through the promotion of local cultural events, institutions and businesses and the attraction of
new businesses that provide needed services and economic opportunities as a stated redevelopment principle.
FUNDING: $300,000 from SEOPW Tax Increment Fund, "Other Grants and Aids, " Account Code No.
10050.920101.883000.0000.00000.