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HomeMy WebLinkAboutCRA-R-13-0018 Cover MemoSEOPW Board of Commissioners Meeting March 25, 2013 SOUTHEAST OVERTOWNIPARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones and Members of the CRA Board Date: March 15, 2013 File: 13-00342 Subject: Resolution Authorizing Modification to NANA's Scope of Work for Assistance to Local Businesses within the Redevelopment /j�� Area. From: Clarence E. Woods, III tN" References: Executive Director Enclosures: Supporting Documentation; Resolution 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 modification of the scope of work presented to the Board by Neighbors and Neighbors Association, Inc. ("NANA") in connection with the grant authorized by Resolution No. CRA-R-12-0009 to focus on assisting small businesses within the Redevelopment Area with building capacity and developing skills associated with business sustainability. Neighbors and Neighbors Association, Inc. ("NANA"), is a non-profit corporation established in 1995 to assist small businesses though out Miami -Dade County, and has been retained by Miami -Dade County to provide technical assistance for its Mom and Pop Small Business Grant Program and its Micro Loan Program. In an effort to extend NANA's programming and assistance to those businesses within the Redevelopment Area, the Board of Commissioners, by Resolution Nos. CRA-R-09-0005, passed and adopted on January 26, 2009, and CRA-R-10-0021, passed and adopted on April 26, 2010, authorized the issuance of grants, in a total amount of Fifty Thousand Dollars ($50,000) to NANA, to provide technical assistance and business development training to small businesses within the Redevelopment Area. On January 30, 2012, the Board of Commissioners, by Resolution No. CRA-R-12-0009, authorized an additional grant to NANA, in the amount of Thirty -Five Thousand Dollars ($35,000), for the continued technical assistance and training. However, NANA has recommended that the initial scope of work presented to the Board on January 30, 2012 be modified to provide more in-depth assistance in the form of capacity building and skills associated with business sustainability. The modified scope consists of three phases, with Phase I to consist of a comprehensive business assessment evaluation of each business's management, operations, and financial practices. Phase II consists of utilizing the results of the evaluation to identify the strengths and weaknesses of each business. Phase III will assist the businesses with developing targeted business strategies to ensure their success. JUSTIFICATION: Section 2, at page 11, of the 2009 Southeast Overtown/Park West Redevelopment Plan (the "Plan") lists the creation of jobs within the Redevelopment Area, and the improvement of the quality of life of residents, as a stated redevelopment goal. Principle 6, at page 15, also provides for the improvement of the neighborhood economy and the expansion of economic opportunities through the enhancement of existing businesses and local entrepreneurs, as well as the attraction of new businesses that provide needed services and opportunities. This Resolution furthers the aforementioned redevelopment goals and principles. FUNDING: This Resolution does not expend or commit funding.