HomeMy WebLinkAboutR-91-0789J-91-893
11/14/91 !}
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
ENTER INTO A LOAN AGREEMENT, IN A FORM
ACCEPTABLE TO CITY ATTORNEY, WITH THE HAITIAN
AMERICAN FOUNDATION, INC., IN AN AMOUNT NOT
TO EXCEED $50,000 PAYABLE ON OR BEFORE
SEPTEMBER 30, 1992, TO OPERATE A CULTURAL
UNDERSTANDING PROGRAM TO THE HAITIAN
COMMUNITY; ALLOCATING FUNDS FOR SAID LOAN
THEREFOR FROM THE SPECIAL PROGRAMS AND
ACCOUNTS, CONTINGENT FUND.
WHEREAS, the City Commission adopted Motion 91-666 at its
meeting of September 11, 1991, which expressed its intent to
allocate $50,000 to the Haitian American Foundation, Inc.
("Foundation") to operate a cultural understanding program to the
Haitian community for the period October 1, 1991 through
September 30, 1992; and
WHEREAS, due to budget restriction, the City of Miami cannot
provide grant monies to the Foundation but because of the impact
the Foundation has on the community the City is willing to make a
loan at zero percent (0%) interest to the Foundation payable on
or before September 30, 1992;
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 COMMISSION
. MEE TIG OF
h O V 14 1991
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Section 2. The City Manager is hereby authorizedl� to enter
into a loan agreement, in a form acceptable to the City Attorney,
between the City of Miami and the Haitian American Foundation,
Inc., to operate a cultural understanding program to the Haitian
community; said loan to be in an amount not to exceed $50,000, at
zero percent (0%) interest, payable on or before September 30,
1992; with funds for said loan therefor being hereby allocated
from the Special Programs and Accounts, Contingent Fund.
Section 3. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 14th __ day of der , 1991.
MATTY HIRAI , CITY--CUERK
PREPARED AND APPROVED BY:
CARMEN L. LEON
ASSISTANT CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
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CITY ATT
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XAVIER L,.
AREZ, MAYOR
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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