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HomeMy WebLinkAbout12-00053 01-30-12 Cover MemoOmni Board of Commissioners Meeting January 30, 2012 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 Date: January 23, 2012 Subject: Art Basel Trolley Expense References: Enclosures: Legislation File: 12-00053 BACKGROUND: 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 expenditure, in amount not to exceed $4,482.38 to the Downtown Development Authority, for trolley services provided in conjunction with the 2011 Art Basel events within the CRA area. JUSTIFICATION: Section 4.4.2, at page 49 of the OMNI CRA Redevelopment Plan, "The development of the Performing Arts Center...coupled with the future development of the Florida Opera House and adjacent Media/Entertainment District...there is a great potential to reinvigorate the Omni area by establishing it as a cultural destination that includes a multitude of arts and entertainment venues." Through the 2011 Art Basel -Related events, the CRA is be able to promote the businesses, cultural facilities, and restaurants within the Redevelopment Area. The Downtown Development Authority provided trolley services to the different 2011 Art Basel related events within the CRA area. This Resolution carries out these objectives. FUNDING: Funds from OMNI Tax Increment Fund, "Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000.