HomeMy WebLinkAboutCRA-R-13-0027 4-29-13 Cover MemoSEOPW Board of Commissioners Meeting
April 29, 2013
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones
and Members of the CRA Board
Date: April 19, 2013 File: 13-00346
Subject: Resolution Authorizing Execution of a
Community Benefits Agreement with
Townsend Entertainment Corporation and
��! Omni CRA.
From: Clarence E. Woods, III Ott References:
Executive Director
Enclosures: Resolution
BACKGROUND:
It is recommended that the Board of Commissioners of the Southeast OvertownlPark West Community
Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the execution of the
attached community benefits agreement with Townsend Entertainment Corporation ("Townsend") and the Omni
Redevelopment District Community Redevelopment Agency relating to Townsend's commitment to supporting
the CRA's redevelopment efforts.
The Board of Commissioners of the SEOPW CRA, by Resolution No. CRA-R-12-0068, passed and adopted on
September 24, 2012, authorized a grant, in an amount not to exceed $200,000, to the University of Miami to
conduct film -related job training in furtherance of the SEOPW CRA's stated redevelopment goals. The Board of
the Omni Redevelopment District Community Redevelopment Agency ("Omni CRA"), by Resolution No. CRA-R-
12-0070, passed and adopted on October 25, 2012, authorized a grant, in an amount not to exceed $200,000,
to the University of Miami to conduct film -related job training as well.
The University of Miami partnered with Townsend Entertainment Corporation ("Townsend"), a private third party
film production company, to facilitate the film -related job training in connection with Townsend's local movie
production "Playin' for Love" ("Film"). This offered area residents with an opportunity to engage in hands-on
training and exposure to the film industry.
Townsend has expressed an interest in contributing towards the redevelopment efforts of both the SEOPW CRA
and Omni CRA, and has agreed to collectively remit to the SEOPW CRA and Omni CRA up to $380,000 in
gross profits/proceeds generated from the distribution of the Film, in -kind services, or a combination thereof, as
a community benefit. On January 28, 2013, the Board of Commissioners of the SEOPW CRA requested that a
community benefits agreement reflecting the aforementioned remittance and other terms be presented to the
Board for consideration and approval.
JUSTIFICATION:
Section 2, Goal 4, at page 11, of the 2009 Southeast OvertownfPark West Redevelopment Plan (the "Plan") lists
the "creati[on of] jobs within the community" as a stated redevelopment goal.
Section 2, Goal 6, at page 11, of the Plan also lists "improving the quality of life for residents," as a stated
redevelopment goal.
FUNDING:
This Resolution does not expend or commit funding.