HomeMy WebLinkAboutCRA-R-25-0064 MemorandumSEOPW Board of Commissioners Meeting
October 23, 2025
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER-OFFICE MEMORANDUM
To: Board Chair Christine King Date: October 21, 2025
and Members of the CRA
Board File: 18340
Subject: Authorize Allocation of Funds to
SEOPW CRA Small Business Grant
Program for Fiscal Year 2025-2026.
From: James McQueen
Executive Director
Enclosures: File # - 18340 - Backup
File # 18340 - Submittal-
SEOPW CRA-Financial
Information Form
BACKGROUND:
A Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community
SEOPW CRA Small Business Grant Program
authorizing the allocation of funds, in an amount not to exceed Two Hundred Fifty
-2026 for
The Executive Director desires to establish the Program to promote economic development, preserve
cultural heritage, and revitalize the historically significant within the SEOPW Redevelopment Area. Once
a vibrant hub of Black entrepreneurship and community life, the area has faced decades of economic
decline, disinvestment, and displacement.
The Program is developed to stimulate business activity, create jobs, and support equitable growth for
legacy residents and small business owners. The Program is a continuation of these revitalization efforts,
designed specifically to empower microenterprisesthe backbone of local commerce.
It is recommended that the Board of the SEOPW CRA approve and adopt the attached Resolution,
authorizing the allocation of the Funds to the Program for the Purpose stated herein.
JUSTIFICATION:
redevelopment area for the elimination and prevention of the development or spread of slums and
Section 2, Goal 6 of the 2018 Southeast Overtown/Park West Community Redevelopment Agency Plan
redevelopment principle.
expand\[ing\] the economic opportunities . . . this entails both the support and enhancement of existing
redevelopment principle.
FUNDING:
10050.920101.883000.0000.00000.
FACT SHEET:
Funding request: $250,000.00
Number of participants: At least fifty (50) small businesses within the SEOPW CRA Redevelopment
Area (subject to funding availability).
Scope of work or services (Summary): To establish the SEOPW CRA Small Business Grant Program
and provide grants to qualified small business applicants.
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AGENDA ITEM
FINANCIAL INFORMATION FORM
October 23, 2025
SEOPW CRA
CRA Board Meeting Date:October 23, 2025
CRA Section:
Brief description of CRA Agenda Item:
<Insert Description Here>
ProjectNumber (ifapplicable):
YES,therearesufficientfundsinLineItem:
AccountCode:Amount:
NO(Completethefollowingsourceoffundsinformation):
Amountbudgetedinthelineitem:
$
Balance inthelineitem:$
Amountneededinthelineitem:
$
Sufficient funds will be transferred from the following line items:
ACTIONACCOUNT NUMBERTOTAL
Project No./Index/Minot Object
$
From
To$
$
From
To$
Comments: <Insert Comments Here>
Approved by:
Approval:
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Southeast Overtown/Park West
Community Redevelopment Agency
File Type: CRA Resolution
Enactment Number: CRA-R-25-0064
File Number: 18340 Final Action Date:10/23/2025
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
TO EXCEED TWO HUNDRED FIFTY THOUSAND DOLLARS AND ZERO CENTS
-2026 FOR
SMALL BUSINESS DEVELOPMENT WITHIN THE SEOPW CRA REDEVELOPMENT
10050.920101.883000.0000.00000
THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS AS A GRANT TO QUALIFYING
APPLICANTS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY
TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY
DOCUMENTATION, SUBJECT TO THE AVAILABILITY OF FUNDING; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO ADMINISTER THE PROGRAM AND
TO NEGOTIATE AND EXECUTE ANY AND ALL AGREEMENTS AND DOCUMENTS
NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL, FOR SAID PURPOSE;
PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE.
responsible for carrying out community redevelopment activities and projects within its Redevelopment
Area in accordance with the 2018 Updated Southeast Overtown/Park West Community Redevelopment
WHEREAS, pursuant to Section 163.340(9), Florida Statutes,
stated redevelopment goal; and
neighborhood economy, and expand\[ing\] the economic opportunities . . . this entails both the support and
as a stated redevelopment principle; and
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WHEREAS, the Board of Commissioners of the SEOPW CRA has previously allocated funds
toward initiatives designed to enhance sustainability and promote economic revitalization within the
Redevelopment Area; and
WHEREAS, the Executive Director wishes to allocate funds, in an amount not to exceed Two
Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00), to establish the SEOPW CRA Small
WHEREAS, the Program will encourage small business development, particularly those
generating less than $1 million in sales revenue, within the Redevelopment Area and assist qualifying
business applicants, upon the submission of an application and subsequent award; and
WHEREAS, Program applicants will complete an application in order to request funding; and
WHEREAS, funds are available from Account No. 10050.920101.883000.0000.00000 for the
Program; and
WHEREAS, the Executive Director is requesting authority to disburse funds from the Program to
qualifying applicants as a grant, on a reimbursement basis, or directly to vendors upon presentation of
invoices and satisfactory documentation without the need for further approval from the Board of
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the
SEOPW CRA redevelopment goals and objectives;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY:
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 Program is hereby established with funds, in an amount not to exceed Two
Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00), from Account No.
10050.920101.883000.0000.00000 - Other Grants and Aids.
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Section 3. The Executive Director is hereby authorized to disburse the funds, at his
discretion as a grant, on a reimbursement basis, or directly to vendors upon presentation of invoices and
satisfactory documentation to eligible business applicants, subject to funding availability, for the Purpose
stated herein.
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Section 4. The Executive Director is authorized to administer the Program, and to negotiate
and execute any and all agreements, and all documents necessary, all in a form acceptable to Counsel, for
the Purpose stated herein.
Section 5. This Resolution shall become effective immediately upon its adoption.
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The herein authorization is further subject to compliance with all legal requirements that may be imposed,
including but not limited to those prescribed by applicable State law, City Charter and City Code provisions, as
adopted by the SEOPW CRA.
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APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
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