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HomeMy WebLinkAboutCRA-R-13-0041 06-24-13 Cover MemoSEOPW Board of Commissioners Meeting June 24, 2013 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: June 14, 2013 File: 13-00735 and Members of the CRA Board From: Clarence E. Woods, III Executive Director Subject: Resolution Authorizing Acceptance of Grant from Miami -Dade Economic Advocacy Trust References: Enclosures: 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 acceptance of a grant, in the amount of $30,000, from the Miami -Dade Economic Advocacy Trust ("MDEAT") to support the CRA's redevelopment activities and initiatives, including the 2013 Overtown Rhythm and Arts Festival. MDEAT, a component of Miami -Dade County, operates to ensuring economic growth for residents in Miami - Dade County through monitoring and participation of economic conditions and development initiatives in Miami - Dade County. MDEAT's goals and objectives complements the CRA's objectives as reflected in the 2009 Southeast Overtown/Park West Redevelopment Plan. The Board of Commissioners, by Resolution No. CRA-R-13-0024, passed and adopted on March 25, 2013, authorized the issuance of a grant, in an amount not to exceed $50,000, to the Overtown Rhythm and Arts Festival, Inc. to underwrite costs associated with the 2013 Overtown Rhythm and Arts Festival to be held in June 2013. MDEAT seeks to partner with the CRA in the promotion of the CRA's redevelopment activities and initiatives, including the 2013 Overtown Rhythm and Arts Festival, by providing a grant, in an amount not to exceed $30,000. JUSTIFICATION: Adoption of this Resolution will enable additional support for CRA-supported activities and initiatives. FUNDING: This Resolution does not expend funds.