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HomeMy WebLinkAboutR-97-0603J-97-500 7/17/97 RESOLUTION NO. 9 7 - 603 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 (CBOs); 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 target areas; and WHEREAS, the City Commission further directed that if monies were identified and available to fund said programs in Model City and Wynwood, the reallocated ten percent (10%) 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 (22"1) 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%); NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: CITY COON MEETING OF SEP 0 9 W Resolution No. 97 - 603 u r1 u 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:' "Section 2. The City Manager is hereby authorized to execute agreements, in a form acceptable to the City Attorney, with seven (7) economic development corporations, for the purpose of implementing economic development programs, with funds therefor hereby allocated from the Twenty-third (23rd) Year Community Development Block Grant Incentive Fund ($493,850), CDBG Program Income ($8,150), and previously allocated funds from the Twenty-third (23rd) Year CDBG Program ($30,900) as follows: M 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, Inc. Small Business Opportunity Center, Inc. Total: Allocation $ ;E2,Q^0 S 80,000 57A5QQ 64,000 54T999 60,000 50 40D 56,000 49,275 54,750 a-97, 1� 8 5 119,650 22 650 98,500 $479, 30 $ 523,900" Section 3. Funds in the amount of $100,000.00 are hereby identified from 22nd 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. Section 4. This Resolution shall become effective immediately upon its adoption. '/ 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. 2 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 9'7- 603 p • PASSED AND ADOPTED this 9th ATTEST: WALTER J. FOEMAN, ITY CLERK DEPARTMENT OF COMMUNITY DEVELOPMENT REVIEW AND APPROVAL: BERT LYPATERS, INTERIM DIRECTOR FINANCIAL REVIEW: I -Z/' URDES RE=MENT DIRECTOR FINANCE DE PREPARED AND APPROVED BY: i LIN A K. KEARSO ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: �_ A I%I' fill is W 1750:csk: day of September 11997. BUDGET Y E IEW: I DIPAK FYAREKH BUDGETARY & MANAGEMENT ANALYSIS 3 ' = 603 I• CITY OF MIAMI, FLORIDA 0 27 INTER -OFFICE MEMORANDUM t TO Honorable Mayor and DATE, June 25, 1997 FILE Members of the City Commission Resolution Amending SUBJECT Resolution 97-407, Adopted June 9, 1997 (({` (� 1L L�j i../v- FRO" E warc Marq ez REFERENCES City Manager ENCLOSURES: City Commission Agenda Item --June 26, 1997 RECOMMENDATION: 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), further identifying $100,000.00 from 22" 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. 97-407 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 (22nd) 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. 1 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. <shared-memosvh>mayorcc 13 2 7- 60 CITY OF MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT COMPLETED COMMERCIAL FACADES REPORT FISCAL YEARS 1994-95 THROUGH 1996-97 AGENCY NAME 94-95 95-96 96-97 TOTAL Allapattah Business Development 49 118 98 265 Authority Coconut Grove Local Development 4 13 12 29 Corp. Downtown Miami Partnership, Inc. 118 53 50 221 Edgewater Economic Development 7 6 Corp. r733 Greater Biscayne 17 9 Chamber of Commerce Little Havana Development Authority 341 32 27 93 Martin Luther King Economic 15 1 0 16 Development Corp. Pierre Toussaint Haitian Catholic 10 11 23 44 Center St John Community Development 14 5 - 2 21 Corp. Small Business Opportunity Center 0 49 50 99 Wynwood Community Economic 0 0 Development Corp_' TOTAL 268 297 291 856 ****Funded for FY 95-96 but submitted required documentation for contract executio March 1996. Contract was extended until 6-30-97. 97- 603 G CITY OF MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT TECHNICAL ASSISTANCE/NATIONAL OBJECTIVES FISCAL YEARS 1994-95, 1995-96 and 1996-97 AGENCY NAME 94-95 95 96 96 97 TOTAL Allapattah Business Development 01 7 23 30 Authority Coconut Grove Loral Development 12 9 9 30 Corp. Downtown Miami Partnership, Inc. 0 00 0 Edgewater Economic Development 13 5 2 20 Corp. Greater Biscayne 18 1 5 24 Chamber of Commerce Little Havana Development Authority 2 7 8 17 Martin Luther King Economic 4 5 7 16 Development Corp. Pierre Toussaint Haitian Catholic 2 0 1 3 Center St John Community Development 1 3 1 5 Corp. Small Business Opportunity Center 10 14 9 33 Wynwood Community Economic 0 0 Development Corp.**/**`' TOTAL 62 51 65 178 *"Not funded 94-95 'Funded for FY 95-96 but submitted required documentation for contract executio March 1996 In process of extending contract 97� GU03