HomeMy WebLinkAboutCRA-R-15-0005City of Miami
Legislation
CRA Resolution: CRA-R-15-0005
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00028 Final Action Date: 2/23/2015
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $120,000, TO
HEADLINER MARKET GROUP, INC. TO UNDERWRITE COSTS ASSOCIATED
WITH THE PRODUCTION OF THE 2015 OVERTOWN MUSIC & ARTS FESTIVAL,
SCHEDULED TO OCCUR ON JULY 25, 2015; AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE;
FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT
HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS,
UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION;
FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO APPROVE BUDGET
MODIFICATIONS UNDER THE GRANT, PROVIDED THAT THE OVERALL AMOUNT
OF THE GRANT FUNDING APPROVED BY THE BOARD OF COMMISSIONERS IS
NOT INCREASED; FUNDS TO BE ALLOCATED FROM SEOPW TAX INCREMENT
FUND, ENTITLED "OTHER GRANTS AND AIDS," ACCOUNT CODE NO.
10050.920101.883000.0000.00000.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA")
is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is
responsible for carrying out community redevelopment activities and projects within its
Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West Redevelopment
Plan ("Plan"); and
WHEREAS, Section 2, Goal 5, at page 11, of the Plan lists the promotion of "local cultural
events, institutions, and businesses," as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 14, at page 16, of the Plan provides for the "resto[ration of] a
sense of community and unif[ication in] the area culturally," as a stated redevelopment principle; and
WHEREAS, established in 2001, Headliner Market Group, Inc. ("HMG") is a promotions and
marketing company that has successfully produced numerous music industry -related events,
including the Overtown Music & Arts Festival in previous years; and
WHEREAS, HMG seeks to leverage its experience and industry contacts in order to attract
visitors to the Southeast Overtown/Park West Redevelopment Area by producing the 2015 Overtown
Music & Arts Festival ("Festival") for purposes of stimulating the local economy; and
WHEREAS, the Festival is scheduled to occur on July 25, 2015 along N.W. 2nd & 3rd
Business Corridor Avenue between N.W. 9th and 11th Streets during the hours of 11 a.m. to 6 p.m.,
and admission would be free to the public; and
City of Miami Page 1 of 2 File Id: 15-00028 (Version: 1) Printed On: 9/26/2022
File Number: 15-00028 Enactment Number: CRA-R-15-0005
WHEREAS, the Festival will entail a showcase of local vendors highlighting their artwork, local
food, and local services, two stages featuring national and local music artists, and a dedicated "Kid
Zone" wherein youth will be able to experience arts and culture through participation in specially
designed hands on activities; and
WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to exceed
$120,000 to HMG to underwrite costs associated with the production of the Festival; and
WHEREAS, the Board of Commissioners finds that such a grant would further the
aforementioned redevelopment goals and objectives;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. The Board of Commissioners hereby authorizes a grant, in an amount not to
exceed to $120,000, to Headliner Market Group, Inc. to underwrite costs associated with the
production of the 2015 Overtown Music & Arts Festival, scheduled to occur on July 25, 2015.
Section 3. The Executive Director is authorized to execute all documents necessary for
the purposes set forth above.
Section 4. The Executive Director is authorized to disburse funds, at his discretion, on a
reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory
documentation.
Section 5. The Executive Director is authorized to approve budget modifications under the
grant, provided that the overall amount of the grant funding authorized by the Board of
Commissioners is not increased.
Section 6. Funds are to be allocated from SEOPW Tax Increment Fund, entitled "Other
Grants and Aids," Account Code No. 10050.920101.883000.0000.00000.
Section 7. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 15-00028 (Version: 1) Printed On: 9/26/2022