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HomeMy WebLinkAboutR-95-0724J-95-883 10/18/95 RESOLUTION NO 9 5- 724 A RESOLUTION, WITH ATTACHMENTS, ALLOCATING AN AMOUNT OF $50,000 TO THE ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY ("ABDA") FROM COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR THE PURPOSE OF EXPANDING ABDA'S ECONOMIC DEVELOPMENT ACTIVITIES ($25,000) AND PROVIDING ADMINISTRATIVE ASSISTANCE WITH THE DEVELOPMENT OF RALPH'S PLAZA AND PHASE II OF FERN ISLE GARDENS PROJECTS ($25,000); AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENTS, IN SUBSTANTIALLY THE ATTACHED FORM, TO THE EXISTING AGREEMENTS WITH ABDA FOR THESE PURPOSES. WHEREAS, pursuant to Resolution No. 95-413.1, adopted May 25, 1995, the City Commission authorized the City Manager to enter into two (2) contracts with Allapattah Business Development Authority ("ABDA") in the amounts of $59,750.00 and $50,000.00 for economic development activities and for housing related activities respectively; and WHEREAS, ABDA is desirous of expanding its economic development services to include coordinating the revitalization activities of the produce center; and WHEREAS, ABDA is also expanding its housing activities to include Phase II of the Fern Isle Gardens and Ralph's Plaza Townhomes projects; and ATTACHMENT (S)l CONTAINED I CITY C014 mSsiox MEETUTC OF 0 C T 2 6 1995 Besoluiion No. 95- 724 WHEREAS, ABDA is in need of additional funding to undertake the above projects; and WHEREAS, funding for the projects is available from Community Development Block Grant Program funds; 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. Section 2. Funds, in the amount of $50,000, are hereby allocated to the Allapattah Business Development Authority ("ABDA") from Community Development Block Grant Program funds for the purposes of expanding ABDA's economic development activities ($25,000) and providing administrative assistance with the development of Ralph's Plaza and Phase II of Fern Isle Gardens projects ($25,000). Section 3. The City Manager is hereby authorized to execute amendments, in substantially the attached forms, to the existing agreements with ABDA for these purposes. Section 4. This Resolution shall become effective immediately upon its adoption. _r 95- 724 26th October PASSED AND ADOPTED this day of. , 1995. STEPIMN P. CLERK, MAYOR ATTEST: Y'A4� WALTER OEMAN CITY CLERK NET REVIEW AND.. PR L: FVANK CA ANEDA DIRECTOR FINANCE AND BUDGETARY REVIEW; P MANOHAR S. S i ASSISTANT CITY AGER PREPARED AND APPROVED BY: OLGA IREZ-SE AS ASSIS ANT CITY ATT04NEY APPROVED AS TO FORM AND CORRECTNESS: N S, III CIT TT Y W375:csk:ORS i i 3- 95- 724 AMENDMENT NO. 1 AGREEMENT BETWEEN CITY OF MIAMI AND ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY (ABDA) (Housing) This Amendment is entered into as of this day of , 1995, for the purpose of amending that certain Agreement dated the 28th day of August, 1995, between the City of Miami, a municipal corporation of the State of Florida ("CITY") and Allapattah Business Development Authority, a Florida not -for -profit corporation ("CONTRACTOR"). WHEREAS, on May 25, 1995, the City Commission adopted Resolution No. 95- 413.1, approving the allocation of $50,000.00 of the Community Development Block Grant funds (the "Funds") to the CONTRACTOR for implementation of neighborhood housing development programs for Fiscal Year 1995-'96 commencing July 1, 1995 through June 30, 1996; WHEREAS, on August 28, 1995, the CITY and CONTRACTOR executed an Agreement setting forth the terms and conditions for the use of the Funds (the "Agreement"); WHEREAS, on October 26, 1995, the City Commission adopted Resolution No. allocating additional funds in the amount of $25,000.00 for expansion of CONTRACTOR's housing development programs and authorizing the City Manager to execute an amendment to the Agreement to evidence the increase in the allocation of Funds. NOW, THEREFORE, in consideration of the foregoing the CITY and the CONTRACTOR hereby amend the Agreement as follows: 95- 724 1. The amount of the Funds, as described in the Agreement, is hereby increased by the sum of $25,000.00 in accordance with Resolution No. Accordingly, all references to the "Funds" under the Agreement shall mean the sum of $76,000,00 which shall be used and expended in the manner provided therein. 2. All terms and conditions contained in the Agreement shall remain in full force and effect without modification, except to the extent modified In this Amendment. 3. CONTRACTOR certifies that it possesses the legal authority to enter into this Amendment and that the execution hereof has been duly authorized by its Board of Directors. IN WITNESS WHEREOF, the parties hereto have caused this Instrument to be executed by the respective officials thereunto duly authorized on the first date above written. ATTEST: WALTER FOEMAN CITY CLERK ATTEST: CITY OF MIAMI, a Municipal Corporation of the State of Florida. BY: CESAR H. 0010 CITY MANAGER CONTRACTOR: Allapattah Business Development Authority 251 5 N.W. 20th Street, Suite 2A Miami, FL 33142 CORPORATE RESOLUTION WHEREAS, Allapattah Business Development Authority (the "Corporation") desires to Amend that certain Agreement dated , between the Corporation and the City of Miami in the manner described in the Amendment to which this Resolution is attached. WHEREAS, the Board of Directors at a duty held corporate meeting has considered the matter in accordance with the By -Laws of the corporation; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS that the President and Secretary are hereby authorized and instructed to executed an Amendment in the name and on behalf of this Corporation upon the terms contained in the document to which this resolution is attached. DATED this day of , 1995. t AMENDMENT NO. 1 AGREEMENT BETWEEN CITY OF MIAMI AND ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY (ABDA) LEconoinio Development) This Amendment is entered into as of this day of , 1995, for the purpose of amending that certain Agreement dated the 26th day of July, 1995, between the City of Miami, a municipal corporation of the State of Florida ("CITY") and Allapattah Business Development Authority, a Florida not -for -profit corporation ("CONTRACTOR") WHEREAS, on May 25, 1995, the City Commission adopted Resolution No. 95- 413.1, approving the allocation of $57,500.00 of the Community Development Block Grant funds (the "Funds") to the CONTRACTOR for implementation of neighborhood economic development programs for Fiscal Year 1995-'96 commencing July 1, 1995 through June 30, 1996; WHEREAS, on July 26, 1995, the CITY and CONTRACTOR executed an Agreement setting forth the terms and conditions for the use of the Funds (the "Agreement"); WHEREAS, on October 26, 1995, the City Commission adopted Resolution No. allocating additional funds in the amount of $25,000.00 for expansion of CONTRACTOR's economic development programs and authorizing the City Manager to execute an amendment to the Agreement to evidence the increase in the allocation of Funds. NOW, THEREFORE, in consideration of the foregoing the CITY and the CONTRACTOR hereby amend the Agreement as follows: 1. The amount of the Funds, as described in we Agreement, is hereby increased by the sum of $25,000.00 ill accordance with Resolution No. Accordingly, all references to the "Funds" under the Agreement shall mean the sum of $84,750.00 which shall be used and expended in the manner provided therein. 2. All terms and conditions contained in the Agreement shall remain in full force and effect without modification, except to the extent modified in this Amendment. 3. CONTRACTOR certifies that it possesses the legal authority to enter into this Amendment and that the execution hereof has been duly authorized by its Board of Directors. IN WITNESS WHEREOF, the parties hereto have caused this Instrument to be executed by the respective officials thereunto duly authorized on the first date above written. ATTEST: WALTER FOEMAN CITY CLERK ATTEST: CORPORATE SECRETARY CITY OF MIAM1, a Municipal Corporation of the State of Florida. BY: CESAR H. 001O CITY MANAGER CONTRACTOR: Allapattah Business Development Authority 2515 N.W. 20th Street, Suite 2A Miami, FL 33142 MN PRESIDENT 95- 724 APPROVED AS TO FORM AND CORRECTNESS: APPROVED AS TO FORM AND CORRECTNESS: A. QUINN JONES, III INSURANCE MANAGER CITY ATTORNEY (CORPORATE SEAL) i Jam` CORPORATE RESOLUTION WHEREAS, Allapattah Business Development Authority (the "Corporation") desires to Amend that certain Agreement dated July 25, 1995, between the Corporation and the City of Miami in the manner described in the Amendment to which this Resolution is attached. WHEREAS, the Board of Directors at a duty held corporate meeting has considered the matter in accordance with the By -Laws of the corporation; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS that the President and Secretary are hereby authorized and instructed to executed an i Amendment in the name and on behalf of this Corporation upon the terms contained in the document to which this resolution is attached. DATED this day of , 1995. BOARD OF DIRECTORS CHAIRPERSON <resol>ecdevdft CITY OF ► IAMI. FLORIDA CAms;8 INTER -OFFICE MEMORANDUM TO Mayor and Members of DATE the City Commission SUBJECT FROM Cesa REFERENCES City e RECOMMENDATION r.- Allocation of Additional Funds for Allapattah Business Development Authority; Authorizing the City Manager to Execute Amendments ENCLOSURES City Commission Agenda of October 26 1995 It is respectfully recommended that the City Commission adopt the attached Resolution allocating an additional $50,000.00 to the Allapattah Business Development Authority (ABDA), authorizing the City Manager to execute amendments to the individual economic development and housing contract agreements in the amount of $25,000.00 each for Fiscal Year 1995-'96, to be funded from Community Development Block Grant Funds Program. BACKGROUND Pursuant to Resolution No. 95-413.1 adopted by the City Commission at the meeting of May 25, 1995 a total of $109,750.00 was allocated to ABDA for implementation of their economic development and housing programs; a contract in the amount of $59,750 to carry out economic development activities and $50,000.00 for housing activities. In past years, ABDA has over achieved its economic development goals and objectives. Allapattah has already completed 63 commercial facades to date for the current 1995-'96 Fiscal Year economic development contract and is currently working on 65 additional businesses. ABDA also provides neighborhood outreach services to the local business community. These services include, but are not limited to, business recruitment, marketing and promotion, referral service to other federal and county programs that are aimed at economic revitalization, and business retention assistance andlor opportunities. In addition, based on a need assessment of the Allapattah area; and specifically, to facilitate the redevelopment of the area surrounding the rapid transit station, ABDA has taken upon themselves to coordinate the revitalization efforts of the Produce Center. The Allapattah Produce Center is the largest in the City, however, due to existing problems, the area has not been able to grow to its potential. .A. M� 'R' .0 ♦� F CA8 -I 9,5 724 Mayor and Members of the City Commission ABDA will introduce and implement the City of Miami's commercial facade program to the Produce Center area in order to preserve, upgrade and improve the appearance of the district. ABDA has also excelled in affordable housing activities. The Allapattah area housing production had not kept pace with population increases resulting in a housing shortage and over crowding. ABDA completed Phase I of the Fern Isle Gardens Project. Phase I consisted in the development of 25 townhouse units which have been sold out and delivered. ABDA is presently engaged in the development of Phase II of the Project which encompasses the construction of 27 additional townhouses, currently in progress. In addition, ABDA is currently involved in the pre -development activities for the Rafael Plaza Project. This development consists of the construction of 22 affordable townhouses and is located on N.W. 17th Avenue and 38th Street. In conjunction with the Allapattah NET office, ABDA will be able to expand its activities and continue to facilitate the economic and housing redevelopment in Allapattah. 95-- 724