HomeMy WebLinkAboutCRA-R-14-0001 Cover MemoSEOPW Board of Commissioners Meeting
January 27, 2014
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Keon Hardemon Date: January 17, 2014 File: 14-00035
and Members of the CRA Board
Subject: Resolution Authorizing Modification of
NANA's Budget.
From: Clarence E. Woods, 111 614) References:
Executive Director
Enclosures: Supporting Documentation; Legislation
BACKGROUND:
The attached Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community
Redevelopment Agency ("CRA") authorizes the modification to the budget presented by Neighbors and
Neighbors, Inc. ("NANA") in connection with the grant authorized by Resolution No. 13-0044, passed and
adopted on July 25, 2013, to permit the proposed reallocation of funding between budgeted line items, without
an increase to the original grant.
Since 1995, NANA has assisted small businesses though out Miami -Dade County by providing technical
assistance. In recognition of NANA's success with small business assistance and job creation, the Board of
Commissioners has previously authorized grants to NANA in the past to ensure that specialized technical
assistance tailored to the needs of the Redevelopment Area are available to complement and further the CRA's
economic development efforts.
In an effort to continue its support of the NANA's programming and assistance, the Board of Commissioners, by
Resolution No. CRA-R-32-0044, passed and adopted on July 25, 2013, authorized a grant, in an amount not to
exceed $80,000, to underwrite costs associated with NANA's continued operation of the Business Incubator and
Development Program (commonly referred to as the "Business Resource Center"), and the operation of the
Community Worker Training Program (collectively referred to as "Program"). The Business Resource Center
has served a number of local small businesses by enabling access to, among other things, technical assistance,
workshops and training, office services, assistance with identifying capital funding sources, and a business
mentoring partnership. The Community Workforce Training Program will consist of employment screening,
placement, and referrals of local residents seeking to obtain gainful employment.
Due to changes in the provision of services under the Program that have resulted in increased costs, as well as
cost reductions identified in other budgeted line items, NANA seeks to modify the budget presented to Board of
Commissioners on July 25, 2013 to reallocate funding between budgeted line items, without increasing the
overall grant amount. Such modifications will enable the Program to continue in an effective and efficient
manner, while still assisting small businesses with building capacity and sustainability, and providing services to
local residents to increase their Job readiness.
JUSTIFICATION:
Section 2 Goal 4, at page 11, of the 2009 Southeast Overtown/Park West Community Redevelopment Plan lists
the "creati[on of] jobs within the community" as a stated redevelopment objective. Section 2 Goal 6, at page 11,
of the Plan also lists "[i]mproving the quality of life for residents" as a stated redevelopment objective.
Additionally, Section 2, Principle 6, at Page 15, of the Plan, also provides for the improvement of the
neighborhood economy and the expansion of economic opportunities through the enhancement of existing
businesses, as well as the attraction of new businesses that provide needed services and opportunities.
FUNDING:
This Resolution does not commit any funding.