HomeMy WebLinkAboutR-00-0755J-00-754
9/14/00
RESOLUTION NO. . 755
A RESOLUTION OF THE MIAMI CITY COMMISSION
ALLOCATING $150,000 .OF COMMUNITY DEVELOPMENT
BLOCK GRANT FUNDS TO THE TACOLCY ECONOMIC
DEVELOPMENT CORPORATION, INC. TO PROVIDE
ADMINISTRATIVE COSTS TO IMPLEMENT A
COMMERCIAL-. LOAN PROGRAM TO STIMULATE
BUSINESS DEVELOPMENT AND GROWTH IN THE CITY
OF MIAMI; AND FURTHER AUTHORIZING THE CITY
MANAGER TO ENTER INTO INDIVIDUAL AGREEMENTS,
IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
SUBJECT TO APPLICABLE CITY CODE PROVISIONS,
WITH SAID AGENCY.
WHEREAS, the City Commission terminated its contractual
relationship with Miami Capital Development, Inc. in December
1999; and
WHEREAS, the City Commission determined that a need exists
to reestablish a commercial loan program to assist local
businesses and stimulate business development and growth in the
City; and
WHEREAS, the City Commission adopted Resolution No. 00-413
at its meeting of May 11, 2000, that reestablished a
restructured Commercial Loan Program (the "Program") and
provided individual allocations of $150,000 to the Little Haiti
Credit Union and Latin Chamber of Commerce ("CAMACOL") for
administrative costs to implement the Program;_and
CITY Commsom
NEETWO CC
SPP 14 2000
How1u?ion ]do.
00- 755 �.
WHEREAS, said Resolution further identified the City of
Miami Department of Real Estate and Economic Development to
administer the Program;
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. Community Development Block Grant Funds in
the amount of $150,000 is allocated to the Tacolcy Economic
Development Corporation, Inc. to provide administrative support
to the restructured Commercial Loan Program to stimulate
business development and growth in the City of Miami.
Section 3. The City Manager is authorized' to execute an
agreement, in a form acceptable to the City Attorney, with the
Tacolcy Economic Development Corporation, Inc. in connection
with this allocation of funds for the commercial loan program.
Section 4. This Resolution shall become effective
immediately upon adoption.and signature of the Mayor2.
1/ The herein authorization is further subject to compliance with all
requirements that may be imposed by the City Attorney, including but not
limited to those prescribed by applicable City Charter and Code provisions.
2/ 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.
Page 2 of 30 5
PASSED AND ADOPTED this 14th day of September, 2000.
JOE CAROLLO, MAYOR
In accordance with Miami Code sec. 2-36, since the Mayor did not indicate approval of
this legislation by signing it in the designated place prgAded, said legislation
becomes effective with the elapse of ten (16) days f m e date issio n
ATTEST: regarding same, without the Mayor exemping a` e �-
WALTER J. FOEMAN
CITY CLERK
APPROVE S : O.rF
!Walter J.
CORRECTNESS
Page 3 of 3
00- 755
TO
FROM
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
01 7
Honorable Mayor and DATE: AUG 2 9 2000 FILE:
Members of the City Commission
SUBJECT: Commercial Loan Program
arl s A. Gime ez REFERENCES: City Commission Agenda
City Manager ENCLOSURES: September 14, 2000
RECOMMENDATION:
It is respectfully recommended that the City Commission adopt the attached Resolution
allocating $150,000 of Community Development Block Grant Program Income Funds to
the Tacolcy Economic Development Corporation, Inc. to provide administrative costs to
implement a Commercial Loan Program to stimulate business development and growth in
the City of Miami.
BACKGROUND:
At its Special Meeting of May 11; 2000, the City of Miami adopted Resolution No. 00-
413 that reestablished a Commercial Loan Program to assist local businesses and
stimulate economic revitalization in the City of Miami, similar to the program historically
operated .by Miami Capital Development, Inc. (MCDI). Approximately a year prior to
the adoption of this legislation, the City suspended MCDI as the lending arm of the
Commercial Loan Program and, as a result of an intense monitoring review of the
Agency, severed its contractual relationship with MCDI in December 1999.
Resolution 00-413 reestablished a Commercial Loan Program to create a public/private
partnership intended to meet this objective and approved individual allocations of
$150,000 from program income received from the loan program previously operated by
MCDI to the Haitian Credit Union and CAMACOL to provide administrative support for
the revised program. These entities are responsible to:
• Process loan applications
• Determine eligibility
• Develop Business Plans
• Provide Technical Assistance
• Prepare Loan Packages
The legislation further identified the City of Miami Department of Economic
Development and Real Estate to provide these same services. It is recommended that the
Tacolcy Economic Development Corporation, Inc. provide these services in lieu of the
Department of Economic Development and Real Estate. It is further recommended that
the Agency also be allocated $150,000 from MCDI loan program income for this
purpose.,
The Department of Community Development will continue to be responsible for the full
servicing of approved loans. Loan packages submitted by all administrative entities must
be reviewed and approved by the Community Development Loan Committee and
forwarded to the Financial Oversight Board for final approval.
It is recommended that the City Commission adopt the proposed Resolution that allocates
$150,000 of Community Development Block Grant Program Income Funds to the
Tacolcy Economic Development Corporation, Inc. to provide administrative costs to
implement the Commercial Loan Program to stimulate business development and growth
in the City of Miami.
GCl/Ga/DF
755
J-00-413
5/11/00 }
RESOLUTION N0.
A RESOLUTION OF THE MIAMI CITY COMMISSION
AUTHORIZING THE ALLOCATION OF FUNDS IN THE
TOTAL AMOUNT OF $300,000 OF COMMUNITY
DEVELOPMENT BLOCK GRANT FUNDS TO PROVIDE
ADMINISTRATIVE COSTS TO REESTABLISH A
COMMERCIAL LOAN PROGRAM, AS OF MAY 1, 2000,
TO STIMULATE BUSINESS DEVELOPMENT AND GROWTH
IN THE CITY OF MIAMI, WITH SAID ALLOCATION
INCLUDING INDIVIDUAL AWARDS OF $150,000 TO
THE LITTLE HAITI CREDIT UNION, SU7'7ECT TO
CERTAIN CONDITIONS, AND THE LATIN CHAMBER OF
COMMERCE (CAMACOL); AND AUTHORIZING THE CITY
MANAGER TO EXECUTE AGREEMENT(S), IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, WITH SAID
AGENCIES.
WHEREAS, the City Commission terminated its contractual
relationship with Miami Capital Development in December 1999; and
WHEREAS, the City Commission agreed that there is a need
to reestablish a Commercial Loan Program to assist local
businesses and stimulate business development and growth in the
City; and -
WHEREAS, the Department of Community Development has
developed a restructured Commercial Loan Program; and
WHEREAS, the use of Community Development Block Grant
funds complies with all applicable rules, regulations or laws
regarding same as approved by the Director of Community
Development;
r
OT'd SOO'oN ZO:TT 00,6T un(
X31
CITY COD MOSION
MEMG OF
MAY 1 i 2000
00- 755
•
'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 hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2. The allocation of funds, in the total.'amount
of $300,000, of Community Development Block Grant Funds is hereby,
authorized to the following agencies to provide administrative
support to reestablish a .Commercial Loan Program, as of May 1,
2000, to stimulate business development and growth in the City.of
Miami:
Ascncu Allocation
Latin Chamber of Commerce$150,000
Little Haiti Credit Union 150.000
Total $300,000
Section 3. The herein allocation to the Little Haiti
Credit Union shall commence as of July 1, 2000, and shall be
subject to further approval.by the City Commission.
Section, 4,. The City Manager is hereby authorized" to
execute agreement(s), in a form acceptableto the City Attorney,
with'the Latin Chamber of Commerce and Little Haiti Credit Union.
ii The herein authorization is further subject to compliance with all
requirements that may be imposed by the City Attorney, including but not
limited to those prescribed by, applicable City Charter and Code
provisions-
-_ n
Page 2 of 3
T ad Soo;,',N e_0:TT 00161 unl :731
PASSED AND ADOPTED this lith day of May , 2000.
JOE CAROLLO, MAYOR
In accordance vAth Miami Code Sec. 2-36, slneo the Mayor did not IndleatLt op^env.,! of
this legislation b � �^ 2 p -s- I .'r!. ,
g y ,,,�.r,;nc it in the designated p.;,c M. rsrJad, e,,.;cS fegis,c.,,... .�.�
becomes effective with the elapse of ten (10) days rom file date of Commis
regarding same, without the Mayo�obrcising a Mo.
ATTEST;
WALTER J. FOEMAN
CITY CLERK
APPRO F AND ORRECTNESS:t-
AL J ILARELLO
A RNEY
378:RCL:BSS
J.
^� if the Mayor does not sign this Resolution, it shall become effective at
the end of ten'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.
Page 3 of 3
ZT'd S00'0N 80:TT 00.6T unr _ 00— � 5 060
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I NATIONAL NEMS s' i
Jim Morin is The Herald's top drawer. Don't miss his editorial cartoon, five times a,week on the
Editorial page.
NOTICE OF PUBLIC, HEARING RELATING-,.
TO;. 'RANTS.. ADMINISTERED BY THE
DEPARTMENT OF COMMUNITY'
1`"DEVELOPMENT ISSUES %,.�°o-•`,
The Miami City Commission will hold a Public Hearin, September 14, 2000 to discuss the following issues relating
to grants administered by the Department of Community Development:
1. Discussion and proposed resolution on transfer of $300,000 of FY 1998 HOPWA funds. previously allocated
to the.Miami-Dade County Department of Human Services, Office of Community Services, to other HOPWA
contracts between the City and the Miami -Dade County Department of Human Services, Office of
Community Services to assist low income persons living with HIV/AIDS as follows:
From: Contract AmoUn 4 To: Contract Amount
Util_ity,gssistance $300,000 Short Term Housing Assistance $200,000 `
Housing Assistance• $100.
Total . $300,000 `. Total
$300,000.....
Dispussion and proposed resolution to allocate funds to the following organizations to provide housing assistance
an"ousing related services to low incomepersons living with HIV/AIDS throughout Miami -Dade County:
SERVICE PROVIDER ACTIVITY AMOUNT ;
Better Way of Miami, Inc. Operations $ 58 000:
fly
of Miami Department of. Operations $1,000 000
mmunity Development
Douglas Gardens Community Long -Term Housing Assistance $ 200 000
r > Health Center, Inc:
Economic Opportunity Family Long -Term Housing Assistance $1,200 000 Y
-Health Center, Inc.
Greater Bethel. A.M.E. Church HIV/AIDS Counseling. $ _ 134
Referral_ Services.
Lock Towns Community Mental Operations — Life Quest I $ II :$ ,,;: 25,000 .;Z f .
Health Center; Inc:: . <
Miami -Dade County Department of Short -Term Housing Assistance `$1_,500 000 "
Human Services (Office of Community Services)
Miami -Dade County Department of Emergency Housing Assistance $ .330 000
fHuman Setvices (Office of.Community Services)
Miami -Dade Housing Agency Long -Term Housing Assistance $5,400,000
Shelboume Apartments Building,. Inc. Operations $ 45,000 .
y South Florida Jail Ministries- Inc Operations — AGAPE's Women $ 87,000.
y r Cerfter/Vision House r
TOTAL : c $9,979,000
Discu d llroposetl iesolutibn allocating $150,000 of CDBG funds to the Tacolcy Economic Development
Co rpo on, Inc. to administer. the Commercial Loan Program. ;
Discussion and proposed resolution ratifying the City Manager's action to allocate $300,000.of'Community
Development Block Grand Funds to purchase tax deeds, satisfy prior year real estate taxa&; and take
appropriate legal action to complete the acquisition of the following four (4) multi -family apartme, buildings
located in the Model City and Overtown neighborhoods, previously owned by Miami Limited I and arod.by
the City::
1230 N.W. 58 Street
1240 N.W. 59 Street
5899 N.W. 17 Avenue
1636 N.W. 58 Terrace
Discussion and: proposed resolution ratifying the City Manger's action to expend. $138,78rHOME
Investment, Partnership (HOME) Funds to satisfy prior year real estate taxes for 1998 and`4 99_ on the
following eight 8tiutU famify apartment buildings located in the Model City neighborhood:
1435 N.W. 61 Street
1455 N.W. 61 Street
1475 N.W. 61 Street
1606 N.W. 58 Terrace
1227 N.W. 58 Street
1101 N.W. 62 Street ..s
1535 MW. 58 Terrace -
1611 N.W. 3 Avenue
6. Discossion and proposed resolution changing the number of units to be built, from 19 to 15, in the previously
apoioved Biscayne East Towers Project to be constructed by Banyan Townhomes, L.L.C. using $342,000 of
,previously approved SHIP funds; further authorizing the City Manager to execute a subordinationagreement
between the City and the Local Initiative Support Corporation in connection with the financing of, said project.
The Public Hearing will be held: ' s a } 1
Thursday September 14 2000 at 9:30 A M75,
City of Miami Commission Chamber
AM Pan American Drive � c.
Miami, Florida 33133
Interested individuals ,are encouraged to attend this Public Hearing. The meetly site h; i Cessibler�to the
r
�7_
NOTICE OF PUBLIC HEARING RELATING
TO GRANTS ADMINISTERED BY THE
DEPARTMENT OF COMMUNITY
DEVELOPMENT ISSUES
'.t IYLOYOYIiLY -# 2
IY Its
The Miami City Commission will hold a Public Hearing September 14, 2000 to discuss the following
issues relating to grants administered by the Department of Community Development:
1. Discussion and proposed resolution on transfer of $300,000 of FY 1998 HOPWA funds
previously allocated to the Miami -Dade County Department of Human Services, Office of
Community Services, to other HOPWA contracts between the City and the Miami -Dade County
Department of Human Services, Office of Community Services to assist low income persons
living with HIV/AIDS as follows:
From: Contract Amount To: Contract Amount
Utility Assistance $300,000 Short Term Housing Assistance $200,000
Housing Assistance $100,000
Total $300,000 Total $300,000
2. Discussion and proposed resolution to allocate funds to the following organizations to provide
housing assistance and housing related services to low income persons living with HIV/AIDS
throughout Miami -Dade County:
SERVICE PROVIDER
Better Way of Miami, Inc.
City of Miami Department of
Community Development
Douglas Gardens Community
Health Center, Inc.
Economic Opportunity Family
Health Center, Inc.
Greater Bethel A.M.E. Church
Lock Towns Community Mental
Health Center, Inc.
Miami -Dade County Department of
Human Services (Office of Community
Services)
Miami -Dade County Department of
Human Services (Office of Community
Services
ACTIVITY
Operations
Operations
AMOUNT
$ 58,000
$1,000,000
Long -Term Housing Assistance $ 200,000
Long Term Housing Assistance $1,200,000
HIV/AIDS Counseling and $ 134,000
Referral Services
Operations — Life Quest I & II $ 25,000
Short -Term Housing Assistance $1,500,000
Emergency Housing Assistance $ 330,000
Miami -Dade Housing Agency Long -Term Housing Assistance. $5,400,000
Shelbourne Apartments Building, Inc. Operations $ 45;000
South Florida Jail Ministries, Inc. Operations — AGAPE's Women $ , 87,000
Center.Nision House
TOTAL. $9,979,000.
3. Discussion and proposed resolution allocating $150;000 of CDBG funds to the Tacolcy Economic
Development Corporation, Inc. to administer the Commercial Loan Program.
4. Discussion and proposed resolution- ratifying the. City Manager's action to allocate $300,000 of
Community Development Block Grant Funds to purchase tax deeds, satisfy prior year real estate
taxes and take appropriate legal action to complete the acquisition of the following four (4) multi-
family apartment buildings located in the Model.City and Overtown neighborhoods, previously
owned by Miami Limited I and acquired by the City:
123.0 N.W. 58 Street
1240 N.W. 59 Street
5899 N.W. 17 Avenue
1636 N.W..58 Terrace
5. Discussion.and proposed resolution ratifying the City Manager's action to expend $138,787 of
HOME Investment Partnership (HOME) Funds to satisfy prior year real estate taxes for 1998 and
1999 on the following eight (8) multi -family apartment buildings located in the Model City
neighborhood:
1435 N.W. 61 Street
1455 N.W. 61 Street
1475 N.W. 61 Street
1606 N.W. 58 Terrace
1227 N.W. 58 Street
1101 MW. 62 Street
1535 N.W. 58 Terrace
1611 N.W. 3 Avenue
6.. Discussion and proposed resolution, changing the number of units to be built, from 19 to 15, in the
previously approved Biscayne East Towers Project to be constructed by Banyan Townhomes,
L.L.C. using of $342,000 of previously approved SHIP funds; further authorizing the City.
Manager to execute a subordination agreement between the City and the Local Initiative Support
Corporation in connection with the financing of said project.
The Public Hearing will be held:
Thursday, September 14, 2000 at 9:30 A.M.
City of Miami Commission Chamber
3500 Pan American Drive
Miami, Florida 33133
Interested individuals are encouraged to attend this Public Hearing. The meeting site is accessible to the
handicapped.
(AD NO. 06180)
755