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HomeMy WebLinkAboutCRA-R-15-0040 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15-01194 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $150,000, TO HORIZON INTERNATIONAL GROUP, INC. TO UNDERWRITE COSTS ASSOCIATED WITH THE FIRST ANNUAL "REVOLT FILM FESTIVAL" BEING HELD ON SUNDAY, OCTOBER 18, 2015 AT THE LYRIC THEATER; 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; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; 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 "[p]romotion and marketing of the community," as a stated redevelopment goal; and WHEREAS, Section 2, Principle 6, at page 15, of the Plan lists the promotion of "local cultural events, institutions, and businesses," as a stated redevelopment principle; and WHEREAS, Section 2, Principle 14, at page 16 of the Plan also lists "restaging] a sense of community and unifying] the area culturally," as a stated redevelopment principle; and WHEREAS, Page 108 of the Plan states that one of "[t]he goals for making capital improvements within the Redevelopment Area [is .., to eradicate the visual blight seen from streets and public places within the CRA to upgrade the appearance to attract new investors and development;" and WHEREAS, REVOLT TV will host its second annual international music conference titled the "Revolt Music Conference" ("RMC") on Thursday, October 15 through Sunday, October 18, 2015 at the Fontainebleau in Miami Beach, Florida; and WHEREAS, RMC will also host its first annual REVOLT Film Festival ("Film Festival") at The Historic Lyric Theater Cultural Arts Complex ("Lyric Theater") on Sunday, October 18th, 2015 as part of the RMC; and City of Miami Page 1 of 2 File Id: 15-01194 (Version: 1) Printed On: 9/25/2015 File Number: 15-01194 WHEREAS, the goal of the Film Festival is three -fold: 1) to promote the Southeast Overtown and Park West Redevelopment Area to potential investors attending the annual RMC conference 2) to support cultural affairs and cultural facilities like the Lyric Theater, and 3) to support small local businesses within the Redevelopment Area; and WHEREAS, RMC will provide twenty (20) internship opportunities to youth from the Redevelopment Area, ages 14-24 and the youth will have the opportunity to work closely with industry professionals, such as Production Assistants, Videographers, and News Reporters during the RMC and the Film Festival; and WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to exceed $150,000, to Horizon International Group, Inc. to underwrite costs associated the Film Festival; 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 the issuance of a grant, in an amount not to exceed to $150,000, to Horizon International Group, Inc. to underwrite costs associated with the first annual "REVOLT Film Festival" at The Historic Lyric Theater Cultural Arts Complex on Sunday, October 18th, 2015. Section 3. 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 4. The Executive Director is authorized to execute all documents necessary for the purposes set forth above. 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. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: RENEEA. JADUSING STAFF COUNSEL City of Miami Page 2 of 2 File Id: 15-01194 (Version: 1) Printed On: 9/25/2015