HomeMy WebLinkAboutM-97-0517M
0 CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Honorable Mayor and
Members of the City Commission
p.
FROM: E war Marqt
City Manager
RECOMMENDATION:
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DATE : June 25, 1997 FILE
Resolution Amending
SUBJECT: Resolution 97-407, Adopted
June 9, 1991
REFERENCES:
ENCLOSURES: City Commission Agenda
Item --June 26, 1997
It is respectfully recommended that the City Commission adopt the attached resolution,
amending Section 2 of Resolution No. 97-407, adopted June 9, 1997, restoring the 10% funding
to seven economic development community based organizations (CBOs), fiirther identifying
$100,000.00 from 22❑d Year Community Development Block Grant Contingency funds for
economic development services in the Model City and Wynwood areas by CBOs to be
determined.
BACKGROUND:
On June 9, 1997, the City Commission adopted Resolution No. 97407 approving the funding of
seven (7) economic development community based organizations (CBOs) from the Twenty-third
(23`d) Year Community Development Block Grant fund and program income.
In addition, the City Commission further recommended the reduction of the allocation to the
CBOs by ten percent (10%) to be used to address economic development services in the Model
City and Wynwood areas, until such time as funds are identified and are available to fund said
programs at the level of $50,000.00 each for both Model City and Wynwood.
Funds in the amount of $100,000.00 have been identified from Twenty-second (22°d) Year
Community Development Block Grant funds contingency account. Therefore, by approving the
attached resolution, funding for economic development services in Model City and Wynwood
would be provided through CBOs to be determined through a request for proposal process and
the City would in effect restore the ten percent (10%) reallocation to the seven (7) • CBOs as
originally intended by Resolution No. 97-407.
A new organization entitled, Metro -Miami Community Development Corporation, Inc.
(MMCDC), has expressed an interest in seeking funds to provide services in both Model City
and Wynwood. However, after reviewing the application of Metro -Miami Community
Development Corporation, Inc., it has come to our attention that the Executive Director is a
principal in another, corporation (2368, Inc.) which received a $292,878.00 City loan for a multi-
family housing project, in which the corporation is $29,549.00 in arrears to the City.
Honorable Mayor and
Members of the City Commission
Page 2
Moreover, the Deputy Director of Metro -Miami Community Development Corporation, Inc.. has
previously defaulted on one City loan in 1994 (approximately $8,000.00 unpaid) and also
defaulted on one loan from Miami Capital Development, Inc., in the amount of $7,632.00. (See
attachment).
Accordingly, considering the above facts, the Administration does not recommend funding of
Metro -Miami Community Development Corporation at this -time.
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97- 517
J-97-500
7/17/97
RESOLUTION NO.
A RESOLUTION AMENDING SECTION 2 OF RESOLUTION
NO. 97-407, ADOPTED JUNE 9, 1997, RESTORING THE 10%
FUNDING TO SEVEN ECONOMIC DEVELOPMENT
COMMUNITY BASED ORGANIZATIONS (CHOs);
FURTHER IDENTIFYING $100,000.00 FROM 22ND YEAR
COMMUNITY DEVELOPMENT BLOCK GRANT
CONTINGENCY FUNDS FOR ECONOMIC DEVELOPMENT
SERVICES IN THE MODEL CITY AND WYNWOOD
NEIGHBORHOOD DEVELOPMENT AREAS BY CBOs TO
BE DETERMINED.
WHEREAS, on June 7, 1997, the'City Commission directed that ten percent (10%) of
the recommended funding for seven (7) economic development community based organizations
be reallocated to fund economic development programs in the Model City and Wynwood
neighborhood development target areas; and
WHEREAS, the City Commission further directed that if monies were identified and
available to fund said programs in Model City and in Wynwood, the ten percent (10%)
reallocated would be restored to the seven (7) community based organizations as per the original
recommendations of Resolution 97-407; and
WHEREAS, additional funding for the economic development programs in Model City
and Wynwood has been identified in the amount of $100,000.00 from Twenty-second (22nd) Year
Community Development Block Grant Funds Contingency Account, therefore, avoiding the
necessity of reducing funding to the seven (7) community based organizations by ten percent
(10%); and
97- 517 3
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. Section 2 of Resolution. No. 97-407, adopted June 9, 1997, is hereby
amended in the following particulars:`
.91
Allapattah Business Development Authority, Inc.
Coconut Grove Local Development Corp., Inc.
Downtown Miami Partnership, Inc.
Edgewater Economic Development Corp., Inc.
Pierre Toussaint Haitian Catholic Center
Little Havana Development Authority
Small Business Opportunity Center
QQQ QQ
80,000.00
_•Q $
64,000.00
•Q• QQ
60,000.00
• • •• ••
. 111 11
•• QQ $
54,750.00
$119,650.00
--� ��-
98,500.00
TOTAL FUNDING: S49,610.00 $523,900.00
Section 3. Funds in the amount of $100,000.00 are hereby identified from 22' Year
Community Development Block Grant Funds contingency account, to fund economic
development services in the Model City and Wynwood neighborhoods at the level of $50,000.00
each by CBOs to be determined.
'-/ Words and/or figures stricken through shall be deleted. Underscored words and/or figures
shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks
indicate omitted and unchanged material.
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Section 4. This resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED this day of , 1997.
ATTEST:
WALTER J. FOEMAN, CITY CLERK
DEPARTMENT OF COMMUNITY DEVELOPMENT
REVIEW AND APPROVAL:
ELBER WATERS, INTERIM DIRECTOR
FINANCIAL AND BUDGETARY REVIEW:
LOURDES REYES, DIRECTOR
APPROVED AS TO FORM AND CORRECTNESS:
A. QUINN JONES, III, CITY ATTORNEY
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JOE CAROLLO, MAYOR
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