HomeMy WebLinkAboutCRA-R-14-0050 Cover MemoOMNI Board of Commissioners Meeting
July 23, 2014
OMNI REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Marc D. Sarnoff
and Members of the CRA Board
From: Pieter A. Bockweg
Executive Director
BACKGROUND:
Date: July 7, 2014
Subject: Resolution Authorizing Execution of a
Community Benefits Agreement with
the Perez Art Museum Miami (PAMM)
References:
Enclosures: Supporting Documentation, Legislation
It is recommended that the Board of Commissioners of the Omni Redevelopment District Community
Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the execution of a
Community Benefits Agreement in an amount not to exceed $1,000,000.00 with the Perez Art Museum
Miami (PAMM) relating to PAMM's commitment to supporting the Omni CRA's redevelopment efforts.
PAMM has expressed an interest in contributing towards the redevelopment efforts of the Omni CRA and
has agreed to develop several new community programs which will enhance, educate, support and provide
in -kind services, or a combination thereof, as a community benefit to Redevelopment Area.
JUSTIFICATION:
Section 4.4, Goal B, D5 at page 41, of the 2009 Omni CRA Redevelopment Plan (the "Plan") lists to
"provide employment opportunities and upward mobility for residents" by the creation of jobs within the
community as a stated redevelopment goal.
Section 4.4, Goal B, B3 at page 41, of the Plan lists to "Create economic magnets to draw more businesses
to the Omni area to compliment established activities in the area" as a stated redevelopment goal.
Section .4, Goal C, D1 at page 41, of the PIan provides for the "maximizing of conditions for residents to
continue to live in the area" as a stated redevelopment goal.
FUNDING:
Funds from Omni Tax Increment Funds from Omni Increment Fund, "Other Grants and Aids," Account
Code No. 10040.920101.883000.00000.