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HomeMy WebLinkAboutR-96-0596J-96-981 7/25/96 RESOLUTION NO. 9 r - 596 A RESOLUTION APPROVING, IN PRINCIPLE, THE ALLOCATION OF $750,000 FROM 23RD YEAR COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FOR THA REHABILITATION OF 206 RENTAL UNITS IN THE QVERTOWN AREA BY NEW ARENA SQUARE CORPORATION, SU T TO FINAL APPROVAL BY THE COkEC REDEVELOPMENT AGENCY (CRA); AUTHORIZING MANAGER, UPON APPROVAL BY THE CRA, T THE NECESSARY DOCUMENTS, IN A FORM ACCEPTHE CITY ATTORNEY, WITH NEW CORPORATION FOR THIS PURPOSE. BE IT RESOLVED BY THE COMMISSION 0 Section 1. An allocation Development Block Grant Furighm Overtown area by New A a Sq to final approval by the Co unit of $75-071T0 from 23rd Year Community thel abilitation of 206 rental units in the or is hereby approved in principle, subject opment Agency (CRA). anager is hereby authorized' , upon, approval by the CRA, ents with New Arena Square Corporation for this purpose. nation is further subject to compliance with all requirements that may be imposed by the City but not limited to those prescribed by applicable City Charter and Code provisions. Rescinded by R-96-941 Section 3. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 25th day of July, 1996. ATT ST WALTE J. F M N CITY CLERK PREPARED AND APPROVED BY: LINDA K. KEARSGN` ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND A. QUINN JONES CITY ATTORNEY 2- 96- 5: Rescinded by R-96-941 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO : The Honorable M or and Members DATE July 25, 1996 of the C�i�o scion FILE . I SUBJECT : Pocket Item FROM Wi llly) Gort REFERENCES: Vice or ENCLOSURES. Attachments I would like to bring up as a pocket item at the July 25, 1996 City Commission Meeting a resolution reallocating to the extent possible the amount of $1,25,000.00 from funds previously allocated to the Knight Manor Project from FY 1996-97 Home Program Funding to New Arena Square Corporation for the rehabilitation of 206 units in Overtown. Thank you for your cooperation. WG/rr cc: Cesar Odio, City Manager A. Quinn Jones, City Attorney Walter Foeman, City Clerk 9 6 — 5