HomeMy WebLinkAboutR-93-0504i,
J-93-554
7/22/93
93- 504
RESOLUTION NO.
A RESOLUTION AMENDING SECTION 3 OF RESOLUTION
NO. 93-417, ADOPTED JULY 8, 1993, RELATED TO
THE EXECUTION OF INDIVIDUAL CONTRACTUAL
AGREEMENTS WITH SEVEN (7) NEIGHBORHOOD BASED
HOUSING COMMUNITY DEVELOPMENT CORPORATIONS
("CDCs") FOR THE PURPOSE OF UNDERTAKING
ACTIVITIES TO STIMULATE THE DEVELOPMENT OF
HOUSING AFFORDABLE TO LOW AND MODERATE INCOME
FAMILIES AND INDIVIDUALS, THEREBY ADDING
GREATER MIAMI NEIGHBORHOODS, INC., TO THE
HEREINABOVE CDC RECIPIENTS TO BE FUNDED IN
THE AMOUNT OF $100,000; FURTHER, AUTHORIZING
THE CITY MANAGER TO EXECUTE A CONTRACTUAL
AGREEMENT WITH SAID CDC, IN A FORM ACCEPTABLE
TO THE CITY ATTORNEY; ALLOCATING FUNDS
THEREFOR FROM NINETEENTH YEAR COMMUNITY
DEVELOPMENT BLOCK GRANT PROGRAM.
WHEREAS, pursuant to Resolution No. 93-417, adopted
July 8, 1993, Greater Miami Neighborhoods, Inc. was deleted from
the list of CDC funding recipients; and
WHEREAS, the Miami City Commission, at its Commission
Meeting of July 22, 1993, reinstated Greater Miami Neighborhoods,
Inc. to said list of CDC recipients to be funded from the
Nineteenth Year Community Development Block Grant Program, in the
amount of $100,000;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
L " 199
Revolution No.
93�--Z 04
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. Section 3 of Resolution No. 93-417, adopted
July 8, 1993, is hereby amended in the following particulars: I/
"Section 3. Funding from the Nineteenth Year
Community Development Block Grant Program's Housing
Community Development Corporation Reserve Fund, in the
amount of $500,000, in addition to $40,000 from the
Nineteenth Year Housing Rehabilitation Loan Program
budget, is hereby allocated for the purpose of
providing an administrative funding grant to the
following not -for -profit community development
corporations listed below:
$,Z Greater Miami Neighborhoods. $100,000 1 Year
Inc.
Total $398;68@
$450,000"
Section 3. The City Manager is hereby authorized/ to
execute a contractual agreement with Greater Miami Neighborhoods,
Inc., in a form acceptable to the City Attorney, for the purpose
of undertaking activities to stimulate the development of housing
affordable to low and moderate income families and individuals in
the City of Miami, subject to approval of the corporation's work
Words and/or figures stricken through shall be deleted.
Underscored words and/or figures shall be added. The
remaining provisions are now in effect and remain unchanged.
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 Charter and Code provisions.
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program by the U. S. Department of Housing and Urban Development
(HUD).
Section 4. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 22nd day of J-Uly, 1993.
XAVI L. SUAREZ, MAYOR
ATTEST:
MATTY HI AI
CITY CLERK
PREPARED AND APPROVED BY:
BEAN F . JO , S
ASSISTANT TY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
SFJ : esk : MN 59
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93- 504