HomeMy WebLinkAboutItem #72 - First Reading OrdinanceJ-02-414
4/16/02
-ORDINANCE NO.
AN ORDINANCE OF THE MIAMI CITY COMMISSION
ESTABLISHING TWO NEW SPECIAL REVENUE FUNDS
AND APPROPRIATING FUNDS AS FOLLOWS:
(1) ECONOMIC DEVELOPMENT INITIATIVE GRANT FOR
CERTAIN SPECIAL PROJECTS, IN THE AMOUNT OF
$340,000 AND (2) THE NEIGHBORHOOD INITIATIVE
GRANT FOR CERTAIN SPECIAL PROJECTS, IN THE
AMOUNT OF $700,000 FROM THE U.S. DEPARTMENT
OF HOUSING AND URBAN DEVELOPMENT IN SUPPORT
OF THE MODEL, CITY HOMEOWNERSHIP PILOT
PROJECT; AUTHORIZING THE CITY MANAGER TO
ACCEPT SAID GRANTS AND TO EXECUTE ANY
DOCUMENTS NECESSARY, IN A FORM ACCEPTABLE TO
THE CITY ATTORNEY, FOR ACCEPTANCE OF SAID
GRANTS; AND CONTAINING A REPEALER PROVISION
AND A SEVERABILITY CLAUSE.
WHEREAS,
Development has
4.
the U.S. p &tnt of Housing and Urban
advised he ity of Miami that it has been
special grants in support of the Model City
of Ar
ct rom the FY 2002 Appropriations Act:
awarded the two
Homeownership P
(1) Neighborhood I t\a ive t for certain earmarked projects,
in the amount of
grant for c rt
d
00 and (2) Economic Development Initiative
rked projects, in the amount of $340,000;