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HomeMy WebLinkAboutLegislation-SUBTHIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL, BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. City of �Il iami City Hall Legislation 3500 Pan American Drive Miami, FL 33133 www.miamigov.corn Resolution: R-21-0126 Fife Number: 8666 Final Action Date: 3/25/2021 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, ESTABLISHING THE BUSINESS CONTINUITY MICRO -ENTERPRISE ASSISTANCE PROGRAM 11 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, 2621, 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 $2,8 ,7,46.86 to the Small Business Emergency Loan Program II ("Small Business Program") (colleOlvel 47 "Programs") to support economic and community development activities in response_ b theme a Novel Coronavirus ("COVID-19") pandemic; and r WHEREAS, the goal of the Micro -Enterprise Program is to provide low to maderate­0 income business owners impacted by the COVID-119 pandemic with financial assistance to= stabilize their businesses in the City of Miami ("City"); and �- e,; n WHEREAS, the Small Business Program will provide assistance to eligible sm& ro 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 7 of 2 File la_ 8666 (Revision: A) Printed On: 5/17/2021 8666 Legislation -SUB THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File !D: 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: f],4 4ttor Q ria dez, 3i212021 ' 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 10: 8666 (Revision.: A) Printed on: 511712021 SUBSTITUTED City of Miami City Hail �' I+tllf 11+}Et Legislation 3500 Pan American Drive r}+. ��Miami, FL 33133 / Resolution www.miamigov.cam/ File Number: 8666 Final Action ate A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS ESTABLISHING THE BUSINESS CONTINUITY MICRO -ENTERPRISE ASS TANCE PROGRAM II AND THE SMALL BUSINESS EMERGENCY LOAN PROGR II, ATTACHED AND INCORPORATED AS EXHIBIT "A" AND EXHIBIT "B" RESPECTIVELY; ALLOCATING FUNDS FROM THE SPECIAL GRAN ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR S PURPOSE; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIAT N❑ EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN FORMS AC EPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. R/an adopt on February 11, 2021, the City Commission approved the special grant allocCom unity Development Block Grant Funds ("CDBG CV3'") in the amount of $4,771,82e partment of Housing and Community Development ("Department"), which iamount of $1,000,000.OW- toe, Business Continuity Micro -Enterprise Assistance II i"Micro-Enterprise Prog4A") 12d an amount of $2,817,456.80 to the Small Businesency Loan Program II ("'SruBusiness Program") (collectively, "Programs"),to economic and community=: development activities in response to the Novel Cus i"COVID-19") pandemi,E,-and— WHEREAS, the goal of the /rogram se Program is to provide low to moderat income business owners impacted b-19 pandemic with financial assistance t 92 stabilize their businesses in the Cityty"); and r r; v WHEREAS, the Small Businwill provide assistance to eligible smallbusinesses located within the City dd by the COVID-19 pandemic; and WHEREAS, the City's Ad inistration recommends the establishment of the Programs, described in Exhibit "A" and Ex bit "B" respectively, with funds allocated from the special grant allocation of CDBG CV3 to a ist eligible businesses located within the City that suffered a loss of revenue due to the COV -19 pandemic; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: / Section 1 he recitals and findings contained in the Preamble to this Resolution are adopted by ref and incorporated as if fully set forth in this Section. /usinesses 2. The establishment of the Programs as described in Exhibit "A" and Exhibit "B" r, with funds allocated from the special grant allocation of CDBG CV3, to assist eligiblocated within the City that suffered a loss of revenue due to the COVID-19 pandproved. SUBSTITUTED 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 and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: EAOria, nddk. 4Attor 3/2/2021 r r 4 ' Th erein authorization is further subject to compliance with all legal requirements that may be im sed, Including but not limited to those prescribed by applicable City Charter and City Code ovisions. If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission.