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HomeMy WebLinkAbout09-00534 Cover Memo• • • SEOPW & Omni Boards of Commissioners Meeting May 18, 2009 Item # 5 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: May 8, 2009 File: 09-00534 and Members of the CRA Board Subject: Authorizing the Expenditure of Funds for Production of "Last Saturdays" at Margaret Pace Park. From: James H. Villacort(7) References: Executive Director Enclosures: Legislation 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 expenditure of funds, in an amount not to exceed $40,000, for production of "Last Saturdays," a monthly movie screening to be held for 3 consecutive months, at Margaret Pace Park. A summer movie series ("Last Saturdays") in Margaret Pace Park would promote the use of the park and attract visitors to the Redevelopment Area. The event would be held on the last. Saturday of June, July, and August, from approximately 6pm to 10:30pm, at no charge to the public. JUSTIFICATION: Section III.B.1., at page 9, of the 1982 Omni Redevelopment District Community Redevelopment Plan, as amended, lists "[m]aximiz[ing] existing public investments" as a stated redevelopment objective. This Resolution carries out that objective. FUNDING: $40,000 from Omni Tax Increment Fund, "Other Grants and Aids," Account Code No.10040.920101.883000.0000.00000.