HomeMy WebLinkAboutR-90-0465J-90-500
6/22/90 A �+
RESOLUTION NO. 9 0— 4 6 5
A RESOLUTION AUTHORIZING THE CITY MANAGER OF
THE CITY OF MIAMI, FLORIDA, TO EXPEND FUNDS
TO PROVIDE A CASH ADVANCE PAYMENT, NOT TO
EXCEED $42,000, FROM THE CITY'S EQUITY IN
POOLED CASH AND INVESTMENTS TO THE WYNWOOD
COMMUNITY ECONOMIC DEVELOPMENT CORPORATION
("WCEDC"), FOR PROFESSIONAL SERVICES IN
CONNECTION WITH THE PREPARATION OF THE SAFE
NEIGHBORHOOD IMPROVEMENT PLAN FOR THE WYNWOOD
SAFE NEIGHBORHOOD IMPROVEMENT DISTRICT
("SNID"), SAID FUNDS TO BE REIMBURSED FROM A
STATE OF FLORIDA SAFE NEIGHBORHOOD PROGRAM
GRANT, FOR THE COMPLETION OF TASKS 2 AND 3 OF
THE AGREEMENT BETWEEN THE CITY OF MIAMI AND
THE FLORIDA DEPARTMENT OF COMMUNITY AFFAIRS.
WHEREAS, the City of Miami and the Wynwood Community
Economic Development Corporation have acted as co -applicants and
co -grantees on the application and award of the Safe Neighborhood
Improvement Grant from the Florida Department of Community
Affairs ("Florida DCA"); and
WHEREAS, the City of Miami has authorized the formation of
the Wynwood Safe Neighborhood Improvement District ("Wynwood
SNID") pursuant to Sections 163.603-163.523, Florida Statutes and
City Ordinance Nos. 10405, 10406 and 10533; and
WHEREAS, the Wynwood SNID and the award of the Safe
Neighborhood Improvement Grant from Florida DCA have at all times
contemplated that the Wynwood Community Economic Development
Corporation would provide necessary matching in -kind services for
the award and assume responsibility to perform terms and
conditions of Agreement No. 89-SN-17-11-23-20-011 between Wynwood
SNID and the Florida DCA dated June 29, 1989 (the "SNID
Agreement"), and the intentions of the parties are recorded in
City of Miami Resolutions No. 88-1102, No. 38-1039, No. 89-677
and No. 89-677.1, and Dade County Resolution No. R-376-89; and
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WHEREAS, the Wynwood SNID shall at all times remain
primarily responsible and shall at all times be the entity
preparing and acting as the sole author of the SNID plan; and
WHEREAS, Task 1 through Task 6 of the SNID Agreement have
been completed by the Wynwood Community Economic Development
Corporation and funds totalling $62,500 for completion of Task 1
of the SNID Agreement have been paid to the Wynwood Community
Economic Development Corporation; and
WHEREAS, the Wynwood Community Economic Development
Corporation has experienced certain cash flow problems which have
hindered its abilityto pay its subcontractors for work related to
this project; and
WHEREAS, the Wynwood Community Economic Development
Corporation have requested a cash advance payment, not to exceed
$42,000, from the City of Miami for completion of certain tasks
related to the project; and
WHEREAS, the City of Miami is desirous of expending funds to
provide a cash advance payment for WCEDC's completion of Tasks 2
and 3 of the Wynwood SNID Agreement;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
Section 1. The City Manager of the City of Miami, Florida,
is hereby authorized to expand funds to provide a cash advance
payment, not to exceed $42,000, from the City's Equity in Pooled
Cash Investments to the Wynwood Community Economic Development
Corporation ("WCEDC") for professional services in connection
with the preparation of a Safe Neighborhood Improvement plan for
the Wynwood SNID, for completion of Tasks 2 and 3 of the
Agreement between the Wynwood SNID and the Florida Department of
Community Affairs.
Section 2. The City will be reimbursed upon receipt of the
State of Florida Safe Neighborhood Program Grant funds from the
Florida Department of Community Affairs.
Section 3. This Resolution shall become effective
immediately upon its adoption.
-Z-
90ow45
PASSED AND ADOPTED this 28th day of June , 1990.
ATT
X HIRAI
City Clerk
PREPARED AND APPROVED BY:
LMA K. KEARSON
Assistant City A torney
APPROVED AS TO FORM AND CORRECTNESS:
F 14ANDEZ
City Attorne
LKK/pb/M1572
XAVIER L. SUA Z, MA R
94- 465
151m
k
CITY OF MIAMI, FLORIDA CA= 6
INTER -OFFICE MEMORANDUM
To Honorable Mayor and Members DATE :
of the City Commission iU1 11990 FOIE
SUBJECT Request for Cash Advance Payment
of $42,000 for Wynwood Community
Economic Development Corporation
FROM : REFERENCES:
Cesar H. Od (For City Commission Meeting
City Manager ENCLOSURES: of June 28, 1990)
►_WGv LICKIM11WHE.
It is respectfully requested that the City Commission approve a cash advance
payment in an amount not to exceed $42,000, to the Wynwood Community Economic
Development Corporation for completion of certain task completion reports in
connection with the preparation of the Wynwood Safe Neighborhood Improvement
District Plan per, the attached resolution.
1-11.1101,10
:� ►�
On December 7, 1989, the City Commission, in its capacity as the Board of
Directors of the Wynwood Safe Neighborhood Improvement District (Wynwood
SNID), approved a professional services agreement between the Wynwood SNID
PEDc)he City") and the Wynwood Community Economic Development Corporation
, in connection with the preparation of a Safe Neighborhood Improvement
Plan for the Wynwood SNID, for a period of one year, in the amount of
$250,000. The City Commission also authorized pa went of $62,500 of said
funds to WCEDC for completion of Task 1 of six (6 tasks per the agreement
between the Wynwood SNID and the Florida Department of Community Affairs
(OCA).
Since December, 1989, the WCEDC jointly with the Wynwood SNID ("The City") has
completed the additional five (5) Task Reports which have been transmitted to
DCA for its review and approval. DCA has not completed its review, therefore,
no additional grant funds have been transmitted through the Wynwood SNID ("The
City") to WCEDC. The resulting serious cash flow problem has hindered WCEDC's
ability to pay its subcontractors for work related to this project. The WCEDC
is now requesting a cash advance payment of $42,000 from the City of Miami.
The cash advance payment will be funded through the City of Miami's Pooled
Cash Fund; said monies would be reimbursed to the City upon receipt of the
grant funds from DCA.
Attachment: Resolution
cc: Law Department
Planning Division, Planning
Building and Zoning Department
90- 465
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