HomeMy WebLinkAboutCRA-R-14-0029 Cover MemoSEOPW Board of Commissioners Meeting
March 31, 2014
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Keon Hardemon
and Members of the CRA Board
From: Clarence E. Woods, III
Executive Director
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Date: March 21, 2014 File: 13-00264
Subject: Resolution Authorizing Grant for the
Overtown Music & Arts Festival.
References:
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 issuance of a grant, in an amount not to exceed $75,000, to
Headliner Market Group, Inc. ("HMG") to underwrite costs associated with the production of the 2014 Overtown
Music & Arts Festival ("Festival"), scheduled to occur on June 14, 2014.
Established in 2001, HMG is a promotions and marketing company that has successfully produced numerous
music industry -related events. Given such success, HMG seeks to leverage its experience and industry
contacts in order to attract visitors to the Southeast Overtown/Park West Redevelopment Area for purposes of
stimulating the local economy.
The Festival is scheduled to occur on June 14, 2014 along NW 3rd Business Corridor Avenue between NW 91h
and NW 11 Streets during the hours of 11 a,m. to 6 p.m. Admission to the Festival would be free and the
grounds will be transformed into a showcase of local vendors highlighting their artwork, local food, and local
services. Additionally, two stages will feature national and local music artists. The genre of music will be Blues,
Jazz, and R&B, in homage to the Overtown's music history. Lastly, in furtherance of the Festival's family -
friendly atmosphere, a dedicated "Kid Zone" will be presented by Teens Exercising Extraordinary Success,
which will introduce the youth to arts and culture through specially designed hands on activities.
JUSTIFICATION:
Section 2, Goal 5, at page 11, of the 2009 Southeast OvertownlPark West Redevelopment Plan lists the
promotion of "local cultural events, institutions, and businesses," and restoration of "a sense of community and
unification of the area culturally," as a stated redevelopment goals and objectives.
FUNDING:
$75,000 are to be allocated from SEOPW Tax Increment Fund, entitled "Other Grants and Aids' Account Code
No. 10050.920101.883000.0000.00000.