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HomeMy WebLinkAbout04-00826 Legislation- MIART BaselCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.a.miamUi us File Number. 84-OO826 Final Action Date. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTIVE DIRECTOR TO ENTER INTO A GRANT AGREEMENT, IN A FORM ACCEPTABLE TO GENERAL COUNSEL, WITH MIART FOUNDATION, INC. TO UNDERWRITE THE 2004 ART BASEL EVENT, "IMPACT BASEL" IN AN AMOUNT NOT TO EXCEED $86,350; FUNDS TO BE ALLOCATED FROM OMNI TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 686001.590320.6.940 WHEREAS, previous Art Basel events underwritten by grants from the Omni Redevelopment District Community Redevelopment Agency (CRA) have brought positive national and international attention to the Redevelopment Area; and WHEREAS, the MIART Foundation, Inc. has requested that the CRA provide a grant to underwrite the presentation of "Impact Baser a 2004 Art Basel event which showcases the Redevelopment Area and the new Performing Arts Center of Greater Miami; and WHEREAS such an event is consistent with the revitalization strategy of creating "the image of a desirable high quality 'uptown' district with an attractive appearance, a 24-hour activity pattern, and a perception safety and security" as provided in Section IV, Page 11, of the 1986 Omni Area Redevelopment Plan, as amended; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE OMNI REDEVELOPMENT DISTRICT 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 Executive Director is authorized to enter into a Grant Agreement, in a form acceptable to General Counsel, with the MIART Foundation, Inc. to underwrite the 2004 Art Basel event, "IMPACT Basel" in an amount not to exceed $86,350. Section 3. Funds for the grant shall be allocated from OMNI Tax Increment Fund, "Other Grants and Aids," Account Code No. 686001.590320.6.940. Section 4. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 26th day of July, 2004. City ofM1wd Pagel *Z Pitted On: 7/14/2004 File Number: 04-00826 APPROVED AS TO FORM AND CORRECTNESS: meant _24 MARIA J. CH INTERIM GENERAL COUNSEL City of Miami Page 2 of 2 Printed On: 7/14/2004