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HomeMy WebLinkAboutR-89-0021RESOLUTION No. 8 9''2k' A RESOLUTION ACCEPTING $719,741.90 AS REIMBURSEMENT FROM THE FEDERAL GOVERNMENT FOR EXPENSES INCURRED IN THE URBAN INITIATIVES AREA, SPECIFICALLY IN THE OVERTOWN AREA, AND ESTABLISHING A POLICY THAT SAID FUNDS MUST BE SPENT IN THE OVERTOWN AREA, SUBJECT TO APPROVAL BY THE CITY COMMISSION. WHEREAS, the City of Miami has received $719,741.90 as reimbursement for expenses related to acquisition of four City blocks as part of the Overtown Urban Initiatives Project; and WHEREAS, it is the desire of the City Commission that said reimbursement from said Project be spent in the Overtown area; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to i, accept $719,741.90 as reimbursement from the Federal Government •r for expenses incurred in the Urban Initiatives area, specifically in the Overtown area, and establishing a policy that said funds must be spent in the Overtown area, subject to approval by the = City Commission - Section 2. This Resolution shall become effective __ immediately upon its adoption pursuant to law. PASSED AND ADOPTED this 12th day of January 1989. , XAVIER L. SUARFJZ,, MA R . ATTE : �t MATTY HIRAI ; -' CITY CLERK PREPARED AND APPROVED BY: __.. ROBERT F. CLARR CHIEF DEPUTY CITY ATTORNEY `CORWpSION'• MEETING OF APPROVED � FORM AND CORRECTNESS c JAN A 2 19K �X ' IME . FE DEZ 2 ,* x 1 CITY A RNE �139, -: RFC:bss:M934 }}ii 1 e R ti Y y R J