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HomeMy WebLinkAboutR-92-0333J-92-420 5/14/92 RESOLUTION NO. 9 2! 333 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE LOAN AGREEMENT (DATED NOVEMBER 26, 1991), IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI AND THE HAITIAN AMERICAN FOUNDATION, INC., TO EXTEND THE DATE OF REPAYMENT ON SAID LOAN ONE YEAR TO SEPTEMBER 30, 1993. WHEREAS, the City Commission adopted Resolution No. 91-789 on November 14, 1991, authorizing the City Manager to enter into a loan agreement (the "Agreement") for an amount not to exceed $50,000, with the Haitian Amerioan Foundation, Inc. ("Foundation") to operate a cultural understanding program within the Haitian community for the period October 1, 1991 through September 30, 1992; and WHEREAS, due to budget restrictions, the Foundation cannot repay the Loan by the maturity date specified in the Agreement; and WHEREAS, because of the impact that the Foundation has on the community, the City is willing to extend the repayment date for one (1) vear; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the " R Preamble to this Resolution are hereby adopted by reference t thereto and incorporated herein as if fully set forth in this ` = Section. CT1"Y COM OSSION _ MEETING OF f _ MAY f 4 1492 n 9 0s auuQ�l 3 Section 2. The City Manager is hereby authorized/ to =_ execute an amendment to the Loan Agreement, dated November 25, 1991, in a form acceptable to the City Attorney, between the City of Miami and the Haitian American Foundation, Inc. to extend the repayment date of said loan one year to September 30, 1993. Section 3. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 14th day of 199 AT XAVIER L . SUA Z , MAYOR MA Y HIRAI City Clerk ,. PREPARED AND APPROVED BY: APPROVED AS TO FORM AND CORRECTNESS: RAFAEL 0.'DIAZ A."QUfS, IT Deputy City Attorney City Att ey =Y ROD/pb/osk/M2962 =i i 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. -1 - -2- y2- 333 - - 46 HAITIAN AMERICAN i • - FOUNDATION, INC* 47 N.E 36TH STREET OFFICERS MIAMI. FLORIDA 33137 (3051 5 73-3020 RINGO CAYARD FAX: 573.2574 PRESIDENT April 15, 1992 V'RANKLIN CASTMELY, O.D.S ,ssv/CE•PRESIDENT Her Honor, The Vice -Mayor Miriam Alonzo rRANKPINTADO 2tiD VICE-PRESIDENT City of Miami 3500 Pan American Drive OULESLABOSSIERE Miami, F1 33133 TREASURER VANIALAGUERRE Dear Vice -Mayor Alonzo, SECRETARY The purpose of this letter is to request a hearing from MEMBERS the City Commission on April 30, 1992. The reason for HENRY R.CAYARD this hearing is to request from the members of the City ESTANISLAOCARBALLO Commission to convert the $50,000.00 loan granted to OR J.B LUCCHARLOT,M,D. HAF1 on November 14, 1991 Resolution No. 91-789 into JUSTE � P a rant, due to the fact that we are a non-profit A LIX PERREAU LT REA WILLIAMS PERRY Organization and we have not been able to raise the VIVIANEPROPMETE needed funds to pay the same as originally expected. P•CRRE C. SENATUS The reason we have not been able to raise these funds are ADVISORY MEMBERS various among them: MSGR. BRIAN O. WALSH ALCARDENAS Stagment economy in the City turmoil and insecurity GEORGESDANIEL in the Community due to conditions in Haiti. DR. JAMES FLEMMING KATHLEEN S.MAGRATH SENATOR CARRIE MEEK Family separation and effects caused by Guantanamo's MRS. ATHALIE RANGE situation and court decision towards the Haitian refugees. STAFF All of the above conditions has placed the Foundation in COLETCHANCY EXECUTEEDIREC a situation were monetary contributions from the Haitian EXECUTIVE DIRECTOR Community have not come forward and these moneys have been targeted instead to alleviate the conditions of those family members returned to Haiti by the Coast Guard. We do not foresee these conditions changing on the near future, thus the request to convert the loan into a. grant. p osi ve consideration to this request is appreciated. Cayarent 92-- 333