HomeMy WebLinkAboutSEOPW-CRA-R-98-0015RESOLUTION NO SF-0pW/C%9 9 15
A RESOLUTION AUTHORIZING THE EXECUTIVE
DIRECTOR OF THE COMMUNITY REDEVELOPMENT
AGENCY ("CRA") TO PREPARE AND APPLY TO THE
UNITED STATES ECONOMIC DEVELOPMENT
ADMINISTRATION ("EDA") FOR A $3 MILLION GRANT
FOR THE PURPOSE OF FUNDING QUALIFIED
COMMERCIAL DEVELOPMENT ACTIVITY IN THE NW
3RD AVENUE BUSINESS CORRIDOR, FROM NW 8TH
STREET TO NW 14TH STREET, AND NW 8TH STREET
FROM NW 3RD AVENUE TO NW 4TH AVENUE.
WHEREAS, pursuant to Resolution 98-592 adopted on June 9, 1998, the
City of Miami Commission designated NW 3rd Avenue, from NW 8t" Street to
NW 10d' Street and NW 8d~ Street from NW 3rd Avenue to NW 40' Avenue as a
"Priority Pilot Project" ("Project"), and
WHEREAS, the Project is intended to encourage commercial
developments by providing financial assistance and infrastructure
improvements for new and expanding businesses; and
WHEREAS, the United States Economic Development Administration
provides funding support to qualified commercial projects within the inner city
areas;
WHEREAS, the CRA intends to promote and support new commercial
developments by providing funding to qualified businesses;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF
MIAMI, FLORIDA.
OM 98- 15
Section 1. The recitals and findings contained in the Preamble to this
Resolution are incorporated herein as if fully set forth in this Section.
Section 2. The Executive Director of the Community Redevelopment
Agency is hereby authorized to prepare and apply to the United States Economic
Development Administration ("EDA") for a $3 million grant for the purpose of
funding qualified commercial development activity in the NW 3rd Avenue
Business Corridor, from NW 8th Street to NW 141h Street, and NW 3rd Avenue to
NW 4th Avenue.
Section 3. This Resolution will be effective immediately upon its
adoption.
PASSES AND ADOPTED on this3 0 th day of June 1998.
ATTEST -
Walter J. Foeirdn, City Clerk
APPROVED AS TO FORM
AND CORRECTNESS:
kmqAf LLP
Holland & Knight, LLP
CRA Legal Counsel
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Arthur E. Teele Jr., an
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