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Home My WebLink AboutR-92-0389J-92-391 =_ 6/11/92 RESOLUTION NO. A RESOLUTION ALLOCATING FUNDS IN THE AMOUNT OF $750,000 FROM THE EIGHTEENTH (18TH) YEAR =_ COMMUNITY DEVELOPMENT BLOCK GRANT FOR THE _ FUNDING OF NEIGHBORHOOD ECONOMIC DEVELOPMENT COMMUNITY BASED ORGANIZATIONS ("CBO"), SAID CBO'S AND AMOUNTS OF FUNDING TO BE DETERMINED AFTER A REVIEW BY THE CITY COMMISSION OF EACH =- CBO'S WORK PROGRAM AND FUNDING REQUEST. WHEREAS, the City Commission is committed to economic development and the expansion of trade and commerce; and WHEREAS, the promotion of economic revitalization in the i = neighborhoods of the City of Miami is an important part of the City's economic development strategy; and - WHEREAS, the City Commission is desirous of continuing the i neighborhood economic development program and funds are available from the Eighteenth (18th) Year Community Development Block Grant for such purpose; 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. CITY COMlMSSJOH MEETING OF JUN1t1992 Revolution No. 92- 389 1 �.__� --- dd Section 2. Funds in the amount of $750,000 are hereby allucated from the EighLaenLh ( i8t,h) Year Community D v°e],op—n.-ienu Block Grant for the funding of Neighborhood Economic Development Community Based Organization, said CBOs and amounts of funding to be determined after a review by the City Commission of each CBO's work program and funding request. Section 3. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this lath day of -June 1992. 2 XAVI Rj SUA Z, MAYOR ATTES . MATTY HIRAI, CITY CLERK PREPARED AND APPROVED BY: CARMEN L. LEON ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: Ahgko 411 QLnNN J , I I I CITY ATTO Y M2952/CLL/ra/csk - 2 - 9 1-- 369 iNITER-OFFICE MEMORANDUM -o The Honorable Mayor and Members of the City Commission Cesar Ei . Odi City Manager RECOMMENDATION: Agreement with Community Based Organizations for Fiscal Year 1992-1993 R FEPP40Ebity Commission Agenda Tune 11, 1992 It is respectfully recommended that the City Commission adopt the. attached resolution authorizing the City Manager to execute individual contracts with thirteen (13) neighborhood economic development organizations, for the fiscal year 1992-1993 contract period to be funded from Eighteenth (18th) Year Community Development Block Grant funds. BACKGROUND: Pursuant to Resolution No. 92-190.1 adopted by the City Commission at the meeting of March 12, 1992, fourteen (14) neighborhood economic development organizations will be funded during fiscal year 1992-1993. The Department of Community Development (DCD) is hereby requesting authorization to enter into individual contracts with, thirteen (13) of the fourteen (14) economic development Community Based Organizations (CBOs) for fiscal year 1992-1993 beginning July 1, '1992through June 30, 1993. Funding for the Greater Biscayne Blvd. Chamber of Commerce is contingent upon the Edison/Little River target area boundaries determination, which will also be discussed during the June 11, 1992 Commission meeting. Based on the recommendation of the Community Development Advisory Board, three (3) new agencies will be funded (Overtown Advisory Board, Edgewater CDC and Park West Association), and two (2) 1 t C and Martin Luther King (Wynwood Community Economic Deve opmen orp. Economic Development Corp.) will double their previous funding allocation to include physical project -related costs. For these two -- agencies, the administrative budget will remain at $50,000, the same level as the other CBOs. The CEOs have been the City's primary outreach vehicle to assist the different' -communities in developing their economic development programs and/or projects. �i The City's objective in funding the CBOs is to provide an opportunity for neighborhood economic oriented groups to coordinate _ the City's economic development efforts at the neighborhood level. j' This involves promoting the redevelopment and revitalization of commercial/industrial activity in targeted low and moderate income neighborhoods and thereby stimulate investment activities. 99- 389 �'-� The Honorable Mayor and Members of the City Commission Page two The CBOs also provide neighborhood outreach services to the !veal business community. These services include, but are not limited to, the formation and/or strengthening of a merchants association, busi- ness recruitment, target area promotion, referral service to other federal and county programs that are aimed at economic revitalization, and business retention assistance and/or opportunities. During the last contract period, the CBOs received Community Development Corporation (CDC) training and project assistance. Several CBOs also participated in the Citywide Commercial Facade Program to provide exterior facade improvements to businesses within the eight neighborhood target areas. UPDATE: Due to the economic recession affecting the nation and especially our area, some agencies have not been able to successfully accomplish their work program goals, as evidenced by the Mid -Year Summary Report herewith attached.. The DCD will continue to closely monitor the agencies and, with the assistance of the Neighborhood Enhancement Team Administrators, we should be able to improve the performance of the CEOs at a neighborhood level. Based on the recommendation of the C.D. Advisory Board, area needs, contract performance, .periodic monitoring and/or previous evaluation, it is recommended that authorization to enter into individual contracts with the following agencies in the specified amounts, be granted to the City Manager: CBO AMOUNT 1. Allapattah Business Development, Inc. $ 501000 2. Coconut Grove Local Development Corporation, Inc. 50,000 3. Downtown Miami Business Association, Inc. 50,000 4. Edgewater Economic Development Corporation 50,000 5. Haitian Task Force, Inc. 50,000 6. Latin Quarter Association, Inc. 50,000 7. Little Havana Development Authority, Inc. 50,000 S. Martin Luther King Economic Development Corporation, Inc. 100,000 a 92-- 389 The Honorable Mayor and Members of the City Commission Page three 9. New Washington Eieights Community Development Conference, Inc. 50,000 10. Overtown Advisory Board 50,000 11. Park West Association, Inc. 50,000 12. Small Business Opportunity Center, Inc. 50,000 13. Wynwood Community Economic Development Corporation, Inc. 100,000 Execution of contracts with the above organizations is contingent upon successful negotiations of budgets and scope of services with new agencies subject to approval of each work program by the U.S. Department of Housing and Urban Development (HUD) to assure compliance with federal mandated guidelines. Attachment: (1) Proposed Resolution (2) Mid -Year Summary Report on Economic Development CBOs for FY 1991-92