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HomeMy WebLinkAboutR-89-0545'J-895G9 5/26/89 RESOLUTION NO. S _ 415 A RESOLUTION AUTHORIZING THE EXPENDITURE OF $100,000 FROM THE SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT TRUST FUND ACCOUNT FOR COSTS INCURRED FOR THE MARKETING AND PROMOTIONAL RELATED ACTIVITIES AND CERTAIN PROJECT COSTS UNDERTAKEN TO PROMOTE THE DEVELOPMENT OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT PROJECT. WHEREAS, the City Commission passed Ordinance No. 10306 on June 25, 1987 (first reading) and July 23, 1987 (second reading), appropriating the sum of $100,000 from the Southeast Overtown/Park West Redevelopment Tax Increment Trust Fund, 1987 budget to cover certain project costs including market -related project expenses; and WHEREAS, in accordance with the Inter Local Agreement the County Commission passed Resolution 1177-87 for said amount; and WHEREAS, the City Commission when passing Ordinance No. 10306 appropriating these monies stipulated that no advance expendi- tures be made without prior approval by the City Commission; and WHEREAS, it is vital for the continuation of the marketing and promotional efforts conducted by the City of Miami to expand the visibility of the project's opportunities; NOW, THEREFORE, BE IT RFSOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. Expenditure of $100,000 is hereby authorized from the Southeast Overtown/Park West Redevelopment Trust Fund Account to pay for the following activities and services vital for the continuation of the marketing -related efforts and certain project costs undertaken by the City of Miami to promote the 'I CITY COMMISSION MEETING OF JUN ��7jj 1989 I RESOLUtION Mo `- 9-545 jREMARKS: s�. Southeast Overtown/Park West Redevelopment Project as follows: Description Proposed Budget Special Events (Project Promotion) $ 20,000 Promotional & Production Material 10,000 Printing 4,000 Professional Services 50,000 Mailing Expenses (RFP' etc) 6,000 Advertising Expenses (RFP's etc) 10,000 Total: $100,000 Section 2. The City Manager is hereby authorized to inform the Dade County Commission of this action. PASSED AND ADOPTED THIS 7th DAY OF June , 1989. ATTEST RATTY HIRAI City Clerk PREPARED AND APPROVED BY: APPROVED AS TO FORM AND CORRECTNESS: ROBERT F. CLARK Chief Deputy City Attorney FINANCE REVIEW: CARL . GARCIA, DIRECTOR FINANC DEPARTMENT APPROVED BY: cf��� EDUAR DRIGUEZ Capital Improvement Project Manager i 4 FE CITY OF MIAMI. FLORIDA INTER -OFFICE MEMORANDUM TO: DATE: FILE: Honorable Mayor and Members MAY 3 1 10989 of the City Commission SUBJECT: Resolution Authorizing the Expenditure of $100,000 FROM: ,// REFERENCESOr Marketing Activities Cesar H. Odlo ENCLOSUREJune 7, 1989 Commission — —_ City Manager Meeting RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached' resolution authorizing the expenditure of $100,000 from the Southeast Overtown/Park West Redevelopment Trust Fund account for cost incurred for the marketing and promotional related activities of the Southeast Overtown/Park West Redevelopment Project. BACKGROUND: On July 23, 1987 the City Commission passed on second reading Ordinance Number 10306 appropriating the sum of $100,000 from the Southeast Overtown/Park West Redevelopment Tax Increment Trust Fund 1987 budget to cover market related project expenses. The said Ordinance also.sti.pulated that no advance expenditure be made without prior approval by the City Commission. It is vital to the success of the Southeast Overtown/Park West Community Redevelopment Project that the Department of Development continue in the marketing efforts to expand the visibility of this project's opportunities. Attachment: Proposed Resolution 89 -545 .M�JF-