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HomeMy WebLinkAboutR-93-0322�'-93-388 S113/93 ABSOLUTION NO. 9 3 r 322 A RESOLUTION AUTHORIZING THE CITY MANAGER TO PREPARE AND SUBMIT A GRANT APPLICATION IN THE AMOUNT OIL $600,000 TO THE UNITED STATES ECONOMIC DEVELOPMENT ADMINISTRATION FOR THE PURPOSE OF CREATING A FILM INCUBATOR/PRODUCTION AND INFORMATION CENTER, TO BE LOCATED AT 3930 NORTHEAST SECOND AVENUE, MIAMI, FLORIDA; ALLOCATING $200,000 FROM THE CITY'S NINETEENTH YEAR COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO PROVIDE HATCHING FUNDS FOR SAID GRANT. WHEREAS, the United States Economic Development Administration ("RDA") has set aside funds to promote business expansion and job creation in areas where Hurricane Andrew caused substantial eoonomio hardship; and WHEREAS, the City has presented a number of economic development project proposals to EDA for funding consideration; and WHEREAS, on April 23, 1993, RDA formally invited the City to prepare and submit a Grant Application for the Film Inoubator/Produotion and Information Center; and WHEREAS, the proposed Application contemplates funding participation of the City of Miami, Metro -Dade County, and State of Florida; t''I' T CO/OfJtlR$Q C MAY 1310 R"Okifimma 93- 322 NOW, THSREFORS, S2 IT RESOLVED BY THU COMMISSION Off' TNS CITY OF MIAMI, FLORIDA: Seotion 1. The reoitals and findings oontained in the Preamble to this Resolution are hereby adopted by referenoe thereto and inoorporation herein as if fully set forth in this Seotion. Seotion 2. The City Manager is hereby authorized to prepare and submit a Grant Applioation in the amount of $800,000 to the United States Eoonomio Development Administration for the purpose of oreating a Film Inoubator/Produotion and Information Center, to be looated at 3930 Northeast Seoond Avenue, Miami, Florida. Seotion 3. An amount, not to exoeed $200,000, is hereby allocated from the City's Nineteenth Year Community Development Hlook Grant Funds to provide matohing funds for said grant. Seotion 4. This Resolution shall beoome effeotive immediately upon its adoption. PASSED AND ADOPTED this •13th day of Jj%2, 1993. -e� �c=- '", XAVIE S Z, MAYOR CITY CLERK PREPARED AND APPROVED BY: RAFAEL 0. DI DEPUTY CI TTORNEY ROD:osk:M3622 APPROVED AS TO FORM AND CORRECTNESS. hdW Ax 4w, 0 1991 A QVT11N J S, I I CITY ATTO BY -2- 93- 322 � " , CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO Honorable Mayor and Members DATE of the City Commission FILE SUBJECT : EDA Grant Application FROM Cesar H. REFERENCES Odio City Manager ENCLOSURES :City Commission Meeting of May 13, 1993 RECOMME DATION: It is respectfully recommended that the City Commission adopt attached Resolution, authorizing the City Manager prepare and submit a Grant Application ("Application") in the amount of $600,000 to the US. Economic Development Administration ("EDA") for the purpose of establishing a Film Incubator/Production and Information Center ("Center"), to be located at 3930 NE 2nd Avenue, Miami, Florida; allocating $200,000 from the city's 19th Year Community Development Block Grant Funds to provide matching - funds for such grant. BACKGROUND: The Department of Development & Housing Conservation request that the City Commission approve the attached Resolution to submit a formal application to EDA, seeking $600,000 of grants monies for the establishment of a Film/Video Incubator/Production and Infor- mation Center. The Application is seeking funds from the Title IX of Sudden and Severe Economic Dislocation Program (SEED) of EDA to promote business development and job creation in areas where Hurricane Andrew caused substantial economic hardship. On April 23, 1993, EDA formally invited the City to submit a grant application for the proposed Center, in response to various economic development project proposals presented by the City for funding consider- ation. As part of the local participation plan, Application stipulates matching funds of $200,000 from the City, $150,000 from Metro - Dade County, and $300,000 from the State of Florida. Attachment: Proposed Resolution 930- 322 iA Y