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HomeMy WebLinkAboutR-98-1230J-98-1147 11/24/98 RESOLUTION NO. 9 8 - 12 3 O A RESOLUTION AUTHORIZING THE ALLOCATION OF SEVEN THOUSAND ($7,000.00) DOLLARS FROM THE TWENTY-FOURTH (24TH) YEAR COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS (PROJECT 799602), FOR THE REHABILITATION OF FIVE (5) BUSINESSES LOCATED IN THE DOWNTOWN AREA UNDER THE CITY-WIDE COMMERCIAL FACADE PROGRAM; SAID FUNDS TO BE DISBURSED AS HEREIN SPECIFIED. WHEREAS, the City-wide Commercial Facade Program (the "Program") was approved in the Fourteenth (14th) Year Community Development Block Grant Application by Resolution No. 88-384; and WHEREAS, the Program is designed to promote economic revitalization in the neighborhoods of the City of Miami, and is an important part of the City's economic development strategy; and WHEREAS, the properties to be rehabilitated, located within the downtown target area, have been reviewed by the City of Miami Department of Community Development and the Downtown Miami Partnership, Inc., and have been found eligible for the Program; and WHEREAS, the Program is based upon a 70% - 30% funding match, with the City contributing 70%, up to $1,400, and the business or property owner providing 30%, up to $600, for a total CITY cobu 83m MEETING OF DEC 0 8 IM Resolution No. 38-1230 combined amount not to exceed $2,000; and WHEREAS, funds for the Program are allocated from Community Development Block Grant Funds, Project No. 799602, up to the amount specified; and WHEREAS, Downtown Miami Partnership, Inc. has the necessary expertise and is willing to provide the services necessary to implement the Program and disburse the funds to the participating businesses; 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 authorized to allocate the amount of seven thousand dollars ($7,000) from Twenty-fourth (24th) Year Community Development Block Grant Funds, Project No. 799602 for the rehabilitation of five (5) businesses located in the downtown target area under the Comprehensive City-wide Commercial Facade Program (the "Program"). Section 3. Under the Program, financial assistance to be provided by the City shall be based upon a 70% - 30% funding match, with the City contributing 70%, up to one thousand, four hundred dollars ($1,400) per participating business, and the business or property owner contributing 30%, up to six hundred 2 95-1230 dollars ($600), for a total combined amount not to exceed two thousand dollars ($2,000). Section 4. The Downtown Miami Partnership, Inc. is hereby designated as the not -for -profit organization to implement the Program, disburse funds to downtown Program participants, and to present all documentation pertaining to this project to the Department of Community Development. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayorl1. PASSED AND ADOPTED this 8th day of December JOE CAROLLO, MAYOR leaecordance with Miami Code Sec. 2.36, since the Mayor did not indicate approv:::i of legislation by signing it in the designated place provided, sa;rt iegisiation nun lies effective with the elapse of ten (10) days from the date of Commissicri action ing same, without the Mayor ercisin a o. ATTEST Wafter 'oema , City Clerk WALTER J. FOEMAN, CITY CLERK APP D A TO FORM AND CORRECTNESS: Co,-- 1VURLK V I LARELLO ATTORNEY W3051:CSK:kc l� 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 95-1230 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: The Honorable Mayor and Members of the City Commission FROM: Donald H. Warshaw City Manager RECOMMENDATION: CA=15 DATE: 3 n 1998 FILE: SUBJECT: Commercial Facade Rehabilitation REFERENCES: City Commission Meeting of ENCLOSURES: December 8, 1998 It is respectfully recommended that the City Commission approve the attached resolution allocating $7,000.00 to the Downtown Miami Partnership, Inc., from the City of Miami Commercial Facade Treatment Program, for the rehabilitation of five (5) businesses in the Downtown area. This is an ongoing project which has been funded since 1988, with great success, in terms of revitalizing small businesses serving low- and moderate -income neighborhoods. The total Community Development Block Grant (CDBG) funding approved for this City-wide project for FY 1998-'99 is $425,000. Please note that the Commercial Facade Treatment Program project is implemented on a City- wide basis, through community -based organizations serving each target area. Since the inception of the program, the City has assisted over 2,000 small businesses by renovating and painting their store fronts. BACKGROUND: The Commercial Facade Treatment Program was implemented pursuant to Resolution No. 88- 384 during the 14'b Year of the Community Development Block Grant (CDBG) Program, to encourage economic revitalization within blighted neighborhoods in the City of Miami. Since that time, many business exteriors have been improved by painting, improved signage, and awnings, resulting in updated living conditions in the affected areas, enhanced neighborhood services, and increased benefits to the community. 98-1230 The Honorable Mayor and Members of the City Commission Page 2 Therefore, it is requested that the City Commission allocate CDBG funds in the amount of $7,000.00 to Downtown Miami Partnership, Inc., for the implementation of the facade improvement program for the following properties: Downtown Area: Golden Luggage (2) Rio Electronics (1) Kumbayah Watch (1) Rio Warehouse (1) Total: 5 Address (Herzel Project): 40 - 46 N.E. 1' Avenue and 76 - 76-1/2 N.E. V Street Each of the aforementioned enterprises would be allocated a maximum of $2,000, with the City of Miami contributing 70%, up to $1,400, and the business or property owner contributing the remaining 30%, up to $600. Downtown Miami Partnership, Inc., will assume the responsibility of completing all pertinent documentation, and will forward the information to the City of Miami Department of Community Development. Therefore, it is respe fully requested that the City Commission adopt the attached resolution. e-lr-vh DHWVWGCW/ c: Gwendolyn C. Warren <shared-memosvh>mayorcc69 ;j -1230