HomeMy WebLinkAboutR-93-0394LA
RESOLUTION NO.
® A RESOLUTION OF THE CITY COMMISSION
AL'TH1. ZING THE ALLOCATION OF TWO HUNDRED
FIFTY THOUSAND DOLLARS ($250,000) OF
NINETEENTH YEAR COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") FUNDS AND TWENTY THOUSAND
DOLLARS ($20,000) OF EIGHTEENTH YEAR CDBG
�- FUNDS FOR FLAGLER CORE AREA ENHANCEMENT
PROJECTS; FURTHER AUTHORIZING AN ADVANCE OF
FIFTY-FOUR THOUSAND DOLLARS ($54,000) TO THE
DOWNTOWN DEVELOPMENT AUTHORITY, FROM SAID
- FUNDS, FOR INITIATION OF SAID PROJECTS; SAID
ADVANCE SHALL BE MADE AS OF JULY 1, 1993.
WHEREAS, the City Commission has approved the allocation of
-� Two Hundred Fifty Thousand Dollars ($250,000) from Nineteenth
Year Community Development Block Grant (CDBG) Funds and Twenty
Thousand Dollars ($20,000) from Eighteenth Year CDBG Funds for
Downtown Projects, to be implemented by the Downtown Development
Authority (DDA); and
WHEREAS, the City Commission wishes to initiate
implementation of projects for Flagler Core Area Enhancement; and
WHEREAS, the DDA is in need of an advance of Fifty -Four
Thousand Dollars ($54,000) from said funds to initiate said
projects, as of July 1, 1993;
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
COMMUSSION
IEETING OF
JU N R "193
93-- 394
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Section .
Section 2.
The City Commission,
hereby
authorizes
the
allocation of Two
hundred. Fifty Thousand
Dollars
($250,000)
from
Nineteenth (19th) Year CDBG Funds and Twenty Thousand Dollars
($20,000) from Eighteenth (18th) Year CDBG Funds for The Flaglerr.
Core Area Enhancement Project.
Section 3. The City Commission hereby further authorizes
an advance of Fifty -Four Thousand Dollars ($54,000) from said
CDBG Funds to the DDA for the Flagler Core Area Enhancement
Project for administration, architectural/engineering fees and
:;mplementation charges related to said project.1/
Section 4. Said advance shall be made payable to the DDA
on July 1, 1993.
Section 5. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 29th_ day of 1993.
,VIER 1 ,4 SUARE:J, MAYOR
MATTY HIRAI, CITY CLERK
1� This figure represents twenty percent (20%) of the total
subject allocation from 18th and 19th year CDBG funding.
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93- 394
COMMUNITY DEVr_ vEN VIEW: FINANCIAL REVIEW:
FRANK STA14EDA CARD GARCIA
C, DIRE' OR DIRE .. OR
d
MANAGEMENT AND BUDGET REVIEW:
MANOHAR SURANA
DIRECTOR
PREPARED AND APPROVED BY APPROVED AS TO FORM AND
CORRECTNESS:
L E. MAXWE L A Q S, III
C IEF ASSISTANT CITY ATTORNEY CITY ATT Y
JEM/mis/M3685
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