HomeMy WebLinkAboutCRA-R-24-0048 Exhibit ADamian Pardo
Board Chair
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Omni
C R A
INTER -OFFICE MEMORANDUM
Isiaa Jones
Executive Director
TO: Board Chair Damian Pardo and
Members of the CRA Board
FROM: Isiaa Jones
Executive Director
DATE: July 25th, 2024
SUBJECT: 4/5ths Bid Waiver
authorizing a grant to Prizm Art Fair LLC
to Underwrite Costs associated with the
Production of the Prizm 2024 Art Basel
BACKGROUND
The Omni Redevelopment District Community Redevelopment Agency ("CRA") recommends that
the Board of Commissioners approve and adopt the attached Resolution. This Resolution
authorizes the issuance of a grant, not exceeding $50,000, to Prizm Art Fair LLC. The purpose of
this grant is to support the costs associated with producing the Prizm 2024 Art Basel event.
RECOMMENDATION:
The Omni Redevelopment Plan ("Plan") identifies the promotion and marketing of the community
as a key redevelopment objective. Specifically, Section VII, Page 63, emphasizes the goal to
encourage new regional cultural and artistic attractions, thereby enhancing the area's appeal as
a regional destination.
Furthermore, the Executive Director seeks authorization to negotiate and execute all necessary
documents to finalize the grant, subject to approval by the General Counsel.