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HomeMy WebLinkAboutR-97-0832J-97-889 12/26/97 RESOLUTION NO. 9 7 r S 3 2 A RESOLUTION ALLOCATING THE AMOUNT OF $50,000 TO THE DOWNTOWN DEVELOPMENT AUTHORITY (DDA) FOR THE PURPOSE OF BEAUTIFYING THE DOWNTOWN TARGET AREA FOR THE HOLIDAYS; ALLOCATING FUNDS THEREFOR, IN THE AMOUNT OF $25,000, FROM REVENUES RECEIVED FROM THE SALE OF HOUSING BONDS AND THE AMOUNT OF $25,000 FROM REVENUES RECEIVED FROM URBAN DEVELOPMENT ACTION GRANTS; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR THIS PURPOSE. WHEREAS, the City Commission is desirous of providing . assistance to the Downtown Development Authority for the purpose of purchasing and installing holiday lighting and decorations and beautifying the Downtown Target Area; and WHEREAS, the total amount of $50,000 has been identified to fund this project; $25,000 from revenues received from the sale of housing bonds and $25,000 of program revenues from Urban Development Action Grants; 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. CITY CobMSSIIONN MEETING OF 011 226 1997 Resolution No. Section 2. The amount of $50,000 is hereby allocated to the Downtown Development Authority (DDA) for the purpose of beautifying the downtown target area for the holidays, with funds therefor hereby allocated as follows: 1) $25,000 from revenues received from the sale of housing bonds, and 2) $25,000 from revenues received from Urban Development Action grants. Section 2. The City Manager is hereby authorized' to execute the necessary documents, in a form acceptable to the City Attorney, for the purpose of implementing said beautification project. Section 3. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 26 day of November . 1997. XAVIER L. SUAREZ, MAYOR ATTEST: 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 provided, said legislation now becomes effective with the elapse of ten (10) days from the date of Commissicn acticn WALTER J. FOEMAN, CITY C fding same, without the Mayor exercising a veto. a i/COMMUNITY DEVELOPMENT REVIEW: L`-" r W er oeman, Q4 07�ozr,-�- City Clerk FRANK CASTANEDA, DIREQTO DEPARTMENT OF COMMUNITY DEVELOPMENT APPROVED AS TO FORM AND CORRECTNESS: i A.'QUINN JON S I CITY ATTOR E W2070:CSK ' 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- 7— 839