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HomeMy WebLinkAboutR-95-0477J-95-721 6/1/95 ." r RESOLUTION NO.9 5 - 477 A RESOLUTION GRANTING THE REQUEST OF THE GOOMBAY FESTIVAL COMMITTEE FOR A LOAN, IN AN AMOUNT NOT TO EXCEED $39,000, FOR PAYMENT OF CITY SERVICES AND RELATED FEES IN CONNECTION WITH THE PRESENTATION OF THE MIAMI/BAHAMAS GOOMBAY FESTIVAL ("FESTIVAL") IN COCONUT GROVE, FLORIDA, JUNE 3 AND 4, 1995; SAID LOAN PROCEEDS TO BE PAID TO MERRETT STIERHEIM, AS CHAIRPERSON OF THE FESTIVAL, FOR PAYMENT OF INVOICES ASSOCIATED WITH SAID FESTIVAL; FURTHER STIPULATING REPAYMENT OF SAID LOAN BE MADE WITHIN THIRTY (30) DAYS AFTER THE FESTIVAL; ALLOCATING FUNDS THEREFOR FROM SPECIAL PROGRAMS AND ACCOUNTS, ACCOUNT NO. 921106930; AUTHORIZING THE CITY MANAGER TO EXECUTE A LOAN AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR THIS PURPOSE. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The Miami City Commission hereby grants the request of the Goombay Festival Committee for a loan, in an amount not to exceed $39,000, for presentation of the Miami/Bahamas Goombay Festival ("Festival") in Coconut Grove, Florida, June 3 and 4, 1995, with funds therefor hereby allocated from Special Programs and Accounts, Account No. 921106930. Section 2. Proceeds from the loan shall be paid to Merrett Stierheim, as chairperson of the Festival, for payment of invoices associated with said Festival. Said loan shall be repaid within thirty (30) days after said Festival. CITY COVWSSION ?MEETING OF J U N 0 1 1995 Resolution No. 95- 1177 -L] f� Section 3. The City Manager is hereby authorized) to execute a loan agreement, in a form acceptable to the City Attorney, for this purpose. Section 4. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 1st day of June, 1995. STEP H P. CLARK,kAYOR ATTEST: ALTER J. FOEMAN CITY CLERK . . . . . . . . . . . . • AREMM WE'S RTI 0 11 APPROVED AS TO FORM AND CORRECTNESS: 1 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 Code provisions. -2- 9-1j- (4177 J