HomeMy WebLinkAboutR-21-0126City of Miami
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Legislation
Resolution: R-21-0126
File Number: 8666
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 3/25/2021
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS,
ESTABLISHING THE BUSINESS CONTINUITY MICRO -ENTERPRISE
ASSISTANCE PROGRAM II AND THE SMALL BUSINESS EMERGENCY LOAN
PROGRAM II, ATTACHED AND INCORPORATED AS EXHIBIT "A" AND
EXHIBIT "B", RESPECTIVELY; ALLOCATING FUNDS FROM THE SPECIAL
GRANT ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT
FUNDS FOR SAID PURPOSE; FURTHER AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY
DOCUMENTS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR
SAID PURPOSE.
WHEREAS, pursuant to Resolution No. R-21-0064 adopted on February 11, 2021, the
City Commission allocated Community Development Block Grant Funds ("CDBG CV3") in the
amount of $4,771,821.00 to the Department of Housing and Community Development
("Department"), which included an amount of $1,000,000.00 to the Business Continuity Micro -
Enterprise Assistance Program II ("Micro -Enterprise Program") and an amount of $2,817,456.80
to the Small Business Emergency Loan Program II ("Small Business Program") (collectively,
"Programs") to support economic and community development activities in response to the
Novel Coronavirus ("COVID-19") pandemic; and
WHEREAS, the goal of the Micro -Enterprise Program is to provide low to moderate
income business owners impacted by the COVID-19 pandemic with financial assistance to
stabilize their businesses in the City of Miami ("City"); and
WHEREAS, the Small Business Program will provide assistance to eligible small
businesses located within the City deeply impacted by the COVID-19 pandemic; and
WHEREAS, the City's Administration recommends the establishment of the Programs,
described in Exhibit "A" and Exhibit "B", respectively, with funds allocated from the special grant
allocation of CDBG CV3 to assist eligible businesses located within the City that suffered a loss
of revenue due to the COVID-19 pandemic;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION 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 as if fully set forth in this Section.
Section 2. The establishment of the Programs as described in Exhibit "A" and Exhibit
"B", respectively, with funds allocated from the special grant allocation of CDBG CV3 to assist
eligible businesses located within the City that suffered a loss of revenue due to the COVID-19
pandemic is approved.
City of Miami Page 1 of 2 File ID: 8666 (Revision: A) Printed On: 512012021
File ID: 8666
Enactment Number: R-21-0126
Section 3. The City Manager is further authorized' to negotiate and execute any and all
necessary documents, all in forms acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
1 1
r i a'Vr dez, rty ttor i ey 3/2/2021 ria r dez, ity ttor iey 5/17/2021
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 City Charter and City Code
provisions.
City of Miami Page 2 of 2 File ID: 8666 (Revision: A) Printed on: 512012021