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HomeMy WebLinkAboutR-98-0674J-98-463 7/6/98 RESOLUTION NO. 9 V 6 7 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH THE SMALL BUSINESS OPPORTUNITY CENTER, INC. ("SBOC"), TO PROVIDE AN ADDITIONAL $50,000 ALLOCATION FOR THE IMPLEMENTATION OF SBOC'S ECONOMIC DEVELOPMENT PROGRAM FOR 1998-1999; ALLOCATING FUNDS THEREFOR FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT CONTINGENCY FUNDS FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. 98-552, adopted June 9, 1998, the City Commission authorized the City Manager to execute individual agreements with nine community -based organizations ("CBOs") for the purpose of implementing economic development programs for the 1998-1999 contract year; and WHEREAS, pursuant to said Resolution, one of the said CBOs, the Small Business Opportunity Center, Inc. ("SBOC") was awarded an allocation in the amount of $100,000 for the contract period; and WHEREAS, during the 1997-1998 contract year, SBOC increased the number of technical assistance and national objectives completed from nine (9) to thirty-eight (38), and have therefore requested an additional $50,000 in order to maintain the CITY COM MSSION MEETING OF JUL 14M8 Rew1utiaa No. 9 8- - 674 increased level of services provided to the community; and WHEREAS, the City Commission approves said increase; 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 City Manager is hereby authorized1l to execute an Amendment to the Agreement, in a form acceptable to the City Attorney, with the Small Business Opportunity Center, Inc. ("SBOC"), to provide an additional $50,000 allocation for the implementation of SBOC's economic development program for 1998-1999, with funds therefor hereby allocated from Community Development Block Grant Contingency Funds for said purpose. Section 3. This Resolution shall become effective l� 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 - 98- 674 immediately upon its adoption and signature of the Mayor.z/ PASSED AND ADOPTED this 14th day of July , 1998. JOE CAROLLO, MAYOR In cordance with Miami Code Sec. 2-36, since the Mayor did not indicate approval of fts, 4agislation by signing it in the designated place provided, said, le gi-zlati.on becor s effective with the elapse of ten (10) days +n the date of Commissicn ~ ction regakkV same, without the Mayor exer ' n o. ATTEST Walter QFo , t Clerk WALTER J. FOEMAN CITY CLERK BUDGET AND MANAGEMENT ANALYSIS I DIPAK PA EKH, DIRECTOR APPROVED AS -'`'f O F019 CORRECTNRSS: 72V-.BSS 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. - 3 - - 674 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: The Honorable Mayor, Joe Carollo and Members ofthe City Commission FROM: onald H. Warshaw City Manager RECOMMENDATION: CA=15 DATE: July 1, 1998 FILE SUBJECT: Amendment to the Agreement with Small Business Opportunity Center, Inc. REFERENCES: City Commission Agenda Item ENCLOSURES: July 14, 1998 It is respectfully recommended that the City Commission approve the attached resolution, authorizing the City Manager to execute an amendment, in a form acceptable to the City Attorney, to the 1998- 1999 economic development, community -based organization agreement with the Small Business Opportunity Center, Inc. (SBOC), to provide an additional $50,000, to assist the agency in providing an increased level of services, regarding the technical assistance that SBOC provides to businesses in the Little Havana community. BACKGROUND: The Department of Community Development has analyzed the need to amend the 1998-1999 economic development agreement with SBOC, in order to provide an additional $50,000 from Community Development Block Grant (CDBG) Contingency funds. On June 9, 1998, the City Commission adopted Resolution No. 98-552, which provides funding to the economic development agencies for the 1998-1999 contract period. SBOC was awarded the amount of $100,000 on a base level of $50,000 plus incentives. Last year, the City Commission authorized an increase in SBOC's base level of funding from $50,000 to $75,000, to assist the agency in providing technical assistance to Little Havana businesses, that result in the creation and retention of jobs. Since SBOC has increased the number of technical assistance and national objectives completed this year from 9 to 38, the additional $50,000 will allow the agency to maintain the increased level of economic v lopment services being provided in the community. DHWC/G / /EB:vh c: Gwendolyn C. Warren <shared-memosvh>mayorcc63 98 - 6714