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HomeMy WebLinkAboutItem #04 - First Reading OrdinanceJ-96-214 3/23/96 ORDINANCE NO. AN ORDINANCE RELATED TO THOSE COMMUNITY BASED ORGANIZATIONS (CBOS) AND COMMUNITY DEVELOPMENT CORPORATIONS (CDCs) WHICH SOLICIT FUNDING FROM THE CITY; ESTABLISHING RESIDENCY REQUIREMENTS FOR MEMBERS AND KEY PERSONNEL OF SAID ORGANIZATIONS; FURTHER, PROVIDING THAT j SAID RESIDENCY REQUIREMENTS MAY BE WAIVED BY A FOUR -FIFTHS AFFIRMATIVE VOTE OF THE CITY COMMISSION; CONTAINING A REPEALER PROVISION, A SEVERABILITY CLAUSE AND PROVIDING FOR AN EFFECTIVE DATE. BE IT ORDAINED BY THE COMMISSION OF THE ITY 0 MIAMI, FLORIDA: t Section 1. The residency requireme board members and key personnel of those Community Based Or nizations (CBOs) and Community Development Corpora ons (CD s) which solicit funding from the City of Miami a as follows: As a i condition precedent to being el' ib f funding by the City of Miami, all Community Base r iz ions (CEOs) and Community Development Corporations ( ) all show proof that, (1) at least ninety percent (90%) the CBOs' or CDCs' board of directors and key p sonnel reside in the City of Miami; and (2) at least seventy- i percent (75�) of the CBOs' or CDCs' board of directors a d y ersonnel reside within the boundaries of I 1