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HomeMy WebLinkAboutCRA-R-13-0013 Cover MemoOMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Marc D. Sarnoff and Members of the CRA Board From: Pieter A. Bockweg Executive Director BACKGROUND: Omni Board of Commissioners Meeting February 28th, 2013 Date: February 8th, 2013 File: Subject: Horsepower Electric, Inc. References: Enclosures: Supporting Documentation; Legislation A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY (OMNI CRA ) AUTHORIZING THE EXERCISE OF THE FIRST ONE-YEAR RENEWAL OPTION UNDER THE AGREEMENT WITH HORSEPOWER ELECTRIC, INC. FOR MAINTENANCE OF CERTAIN STREETLIGHTS, FORA TOTAL AMOUNT NOT TO EXCEED $15,000 FOR THE YEAR; ALLOCATING FUNDS FROM OMNI, "OTHER CONTRACTUAL SERVICES," ACCOUNT CODE NO. 10030.920501.534000.0000.00000 JUSTIFICATION: SEC. 4.4, D., AT PAGE 42, OF THE 2009 OMNI REDEVELOPMENT PLAN LISTS THE "[ENHANCEMENT OF] THE AREA'S VISUAL ATTRACTIVENESS TO BUSINESSES AND RESIDENTS," AS A STATED REDEVELOPMENT OBJECTIVE. THE RESOLUTION PROVIDES FUNDING FOR THESE SERVICES.. FUNDING: Funds to be allocated from the OMNI Tax Increment Fund, "Other Contractual Services" Account Code No. 10030.920501.534000.0000.00000