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HomeMy WebLinkAboutR-88-0743J-88-696 7/20188 RESOLUTION NO. A RESOLUTION RESCINDING SECTION THREE. (3) OF RESOLUTION NO. 87-923 ADOPTED ON OCTOBER 22, 1987, WHICH AUTHORIZES THE CITY MANAGER TO DIRECT MIAMI CAPITAL DEVELOPMENT, INC. TO ALLOCATE TWO HUNDRED SIXTY-NINE THOUSAND EIGHT HUNDRED TWENTY-SEVEN DOLLARS AND FIFTY CENTS ($269,827.50) TO THE CITYWIDE SMALL. BUSINESS DEVELOPMENT PILOT PROGRAM; FURTHER, IN ACCORDANCE WITH RESOLUTION NO. 87-923 DIRECTING THE CITY MANAGER TO APPROVE THE GUIDELINES ESTABLISHED FOR THE CITYWIDE SMALL BUSINESS DEVELOPMENT PILOT PROGRAM AS ESTABLISHED BY THE DIRECTORS OF MIAMI CAPITAL DEVELOPMENT, INC. AND THE DEPARTMENT OF COMMUNITY DEVELOPMENT RESPECTIVELY AND ATTACHED AND INCORPORATED HEREIN; FURTHER AUTHORIZING COMMUNITY DEVELOPMENT TO RETAIN SAID APPROPRIATION OF TWO HUNDRED SIXTY-NINE THOUSAND EIGHT HUNDRED TWENTY-SEVEN DOLLARS AND FIFTY CENTS ($269,827.50) FOR DISBURSEMENT VIA THE CITYWIDE SMALL BUSINESS DEVELOPMENT PILOT PROGRAM; FURTHER AUTHORIZING THE DIRECTOR OF THE DEPARTMENT OF COMMUNITY DEVELOPMENT TO ACT ON BEHALF OF THE CITY IN THE EXECUTION OF ALL CONTRACTS AND/OR CLOSING DOCUMENTS RELATED TO THE CITYWIDE SMALL BUSINESS DEVELOPMENT PILOT PROGRAM; FURTHER APPOINTING HERBERT J. BAILEY, FRANK CASTANEDA AND PABLO PEREZ-CISNEROS TO SERVE AS LOAN COMMITTEE MEMBERS. WHEREAS, the City Commission is committed to economic development and the expansion of Trade and Commerce in the City of Miami; and WHEREAS, the City's two hundred sixty nine thousand eight hundred twenty-seven dollars and fifty cents ($269,827.50) will be appropriated for the Citywide Small Business Development Pilot Program; and WHEREAS, the Citywide Small Business Development Pilot Program will include all of the City Target Areas excluding Downtown and Model Cities Target Area; and CITY COMMISSION MEETING OF JUL 21 1988 XunW,j rru. ARKS; el /^ A WHEREAS. the guidelines established for the Citvwide Small Business Development Pilot Program .are attached and incorporated herein; and WHEREAS, the Director 0f the Department of Community Development shall act on behalf of the City in the execution of all contracts and/or closing documents related to the Small Business Development Pilot Program; and WHEREAS, Herbert J. Bailey, Frank Castaneda and Pablo Perez - Cisneros will serve as the loan committee; and WHEREAS, the loan committee will operate under the State of Florida Statutes pursuant to Chapter 119 ("The Public Records Law"); NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI, FLORIDA. Section 1. The City Manager is hereby authorized to amend the existing contract agreement with Miami Capital Development, Inc. for the purpose of reducing its Twelfth (12th) Year allocation of funds for the newly created Citywide Small Business Development Pilot Program. Section 2. The City Manager hereby authorized the Department of Community Development's Director to act on behalf of the City in the execution of contracts and/or closing documents as it relates to the Citywide Small Business- Development Pilot Program. Section 3. The Citywide Small Business Development Pilot Program will operate under the State of Florida Statues pursuant to Chapter 119 ("The Public Records Law"). Section 4. Herbert J. Bailey, Frank Castaneda and Pablo Perez -Cisneros will act as the Loan Committee for the Citywide Small Business Development Pilot Program.1/ Section 5. The City Manager is hereby directed to approve the guide- lines attached hereto for the City-wide Small Business Development Pilot Program. Section 6. Section 3 of Resolution No. 87-923, adopted October 22, 1987, is hereby rescinded in its entirety. 1/ Herbert J. Bailey is an Assistant City Manager; Frank Castaneda is Director of the Department of Community Development; Pablo Perez -Cisneros is Executive Director of Miami Capital Development, Inc. f S-743 PASSED AND ADOPTED this, 21st day of 1988, ATT T: db O TT HIRAI CITY CLERK COMMUNITY DEVE PMENT REVIEW AND APPROVAL: FRANK CA T ANEDA, DIRECTOR DEPARTMENT OF COMMUNITY DEVELOPMENT FINANCE REVIEW AND APPROVAL: or, & 4' i CAR VOS ARCIA, DIRECTOR DEPART NT OF FINANCE MANAGEMENT & BUDGET REVIEW AND APPROVAL: MANOHAR SURA DIRECTOR DEPARTMENT OF w),NAGEMENT & BUDGET PREPARED AND APPROVED BY: ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: Jul JOR E L. FER AN DEZ CIT ATTORNE /gjd -3- tj-7'43 CITYWIDE SMALL, BUSINESS PILOT PROGRAM GUIDELINES ELIGIBILITY - Businesses must be located within the City of Miami targeted areas, except Downtown and Model City - Businesses in existence a minimum of one year - Businesses with cash Flow I)roblems where financial assistance is required to retain jobs - Purchases of additional equipment or other business purpose in order to expand business and create additional jobs PURPOSE OF LOAN Working capital and/or fixed assets or any other business purpose which is acceptable to the Loan Committee AMOUNT AND TERM OF LOANS - Minimum $5M; maximum $50M - Working capital loans not to exceed $20M and from three to five year term - Fixed assets loans not to exceed $50M and from five to seven year term; if real estate project, up to fifteen years - Business in existence a minimum of one year INTEREST RATE Fixed; from 3% to 5% depending on business' ability to service debt REPAYMENT Three to six month moratorium on both Principal and Interest depending on business' ability to service debt COLLATERAL Business and/or personal assets depending on business' financial position INSURANCE If not available at reasonable cost, requirement to be waived NOTE: Efforts shall also be made with Insurance Companies that handle Insurance through the Federal Crime Insurance Program FIS-'744 nj (2) TECHNICAL ASSISTANCE The loan will be conditioned on the applicant consenting to receive the recommended technical assistance to be provided by the City of Miami Department of Community Development. Those businesses who do not meet the minimum screening criteria will be referred to the proper technical assistance program and once capable of meeting the screening requirements, may be reconsidered should funds still be available in the program. DISBURSEMENT OF FUNDS To be determined by Loan Committee and based on a schedule of programmed technical assistance activities to be provided to business. Funds will be deposited into escrow account and will be disbursed as approved by the City of Miami Department of Community Development in accordance with the recommended technical assistance program, FiNi--'743 r 7, F,ORIpA ;NTER-OFFICE MEMORANDUM Honorable Mayor and Members of the City Commission_, r ==ccRENCES July 21, 1988 City Commission Meetings: 7/14/88-Agenda Item: 4C39 CPO.. Jo e L . Fer andez - - City At. a 7/21188-Agenda Items: 42. *4, c',CLOSURES 45 , 415 , 433 and Non -Agenda (4) The following information and material should be considered by you in your deliberations at today's Meeting. The City Clerk has informed our office that the continued items from the July 14th Meeting Agenda will be designated with the letter "C" preceding numbered items from that Agenda: Agenda Stem 4C39 (J-88-696) [Resolution rescinding portion of previously adopted Resolution, allocating funds, approving guidelines for pilot program and authorizing contracts] We have been informed by the City Clerk that on July 14th in your consideration of this item (City-wide Business Development Pilot Program/Guidelines/Loan Committee) no roll call vote was taken on either the enlargement of the Loan Committee to include Assistant City Manager Herbert J. Bailey or on the agenda item itself. Accordingly, we have added the name of Herbert J. Bailey in the Resolution and request that you formally adopt this item which essentially formalizes your previous action at the June 23, 1988 City Commission Meeting. Agenda Item 42 (J-88-714) [Resolution accepting donation of vehicle] We have added language to this Resolution that will condition your approval of the donation of a vehicle from the Integrity Insurance Company "upon compliance with all applicable state and/or federal laws"; also added to the Resolution is the serial number of the subject vehicle. R8-'743 Honorable MayorAd Members of the City Commission AN July 21, 1988 Page 2 AQend& Item e4 (J-88-715) [Resolution allocating funds and authorizing an agreement to establish a homeless shelter] The terms and conditions of the agreement in regard to the homeless shelter grant implementation were not reflected in the Packet Material and a copy of the Agreement is attached for your consideration. Agenda Item #5 (J-88-716) [Resolution approving professional services agreement for drug screening services) At the time of Agenda Packet distribution, the subject agreement of this proposed resolution was not available. For your reference, we are attaching the agreement which has been approved by our office. NOTE: At the time the Consent Agenda is voted upon, if Item 42 is not removed from the Consent Agenda and considered separately, there should be an announoement made by the Mayor that Item 42 is being voted upon 'as modified'. Agenda Item #15 (J-88-699) [Ordinance acknowledging and consenting to merger of City Franchisee with N.U.I. Corporation] To fully protect the interest of the City and pending receipt of necessary documentation, we have added the following language to the Ordinance as distributed and inserted language in the title to reflect the conditional nature of your approval: "The herein acknowledgment and consent is predicated (a) upon the current Franchise being in compliance with all applicable provisions of county, state and federal law; (b) upon the receipt by the City Attorney of a report from the City Manager that payments due the City under the Franchise have been paid and are not delinquent; and (o) upon the City Attorney's receipt of proof that all insurance requirements under the Franchise have been met. when the provisions of (a), (b) and (o) above have been satisfied, the City Attorney shall file a written certification to that effect with the City Clerk." RR-'743 PN AN Honorable Mayor and Members July 21. 1988 of the City Commission Page 3 We have just been informed by counsel for the City Franchisee that the existing Franchisee (City Gas Company of Florida) is being absorbed by merger into Elizabethtown Gas Company of New Jersey instead of N.U.I. Corporation. Accordingly, a new ordinance refleoting this relationship is being prepared and will be distributed to you prior to your consideration of this item; all of the conditions noted above appear in the modified ordinance. Agenda Item e33 (J-88-738) [Discussion of requirement that any future leases of City -owned property to private.clubs contain an affirmative action plan] As a frame- of reference in the consideration of this item you will find attached a copy of the City's Minority Procurement Program Ordinance. Suggestive counterpart language in connection with this subject is reflected in the attached proposed ordinance that incorporates language that has been i luded is some past lease agreements where private c have leased City -owned property. �' NON-SCHEDtJL1ED, ITEMS In addition to a previously forwarded Non -Agenda Item (J-88-732); namely, an emergency ordinance adopting recent revisions to the South Florida Building Code. our office has prepared a resolution (J-88-735) at the suggestion of Commissioner Plummer and upon request of the City Clerk: Non Agenda Item (J-88-735) [Resolution establishing a Committee to assist canvassing of election results on the night of an election] As evidenced by the attached memorandum of November 8. 1985, the City Clerk is empowered by the City Code to perform all duties and functions in connection with municipal elections. Ms. Hirai requested that we prepare the attached resolution which provides for the appointment of an Elections Committee composed of one member of the City Commission and the City Attorney. or his designee, to assist the City Clerk in the canvassing of election results on the night of the election. JLF:RFC:bss:P586 RR-'7-13 Ronorable Mayo. .4nd Members of the City Commission cttily 21, less page 4 ow Cesar H. Odio, City Manager Batty Hirai, City Clerk Herb Bailey, Assistant City Manager Angela Bellamy, Assistant City Manager Chief Perry Anderson, Polioe Department Carlos S. Garoia, Direotor, Department of Finanoe Frank Casteneda, Direotor, Department of Community Development Ron S. Williams, Direotor General Servioes Administration Al Armada, Property and Lease Manager Linda K. 8earson. Assistant City Attorney Rafael Suarez -Rivas, Assistant City Attorney Adrienne L. Friesner, Assistant City Attorney 88-1743 nnv TO Date FROM Please note and see me Please give me four comments Please note and return to me For your information -I For your review and approval ____-Immediate action desired Please prepare reply for my Please answer, with copy , signature to me Please follow through ,For your signature , Remar l� .4- 14 q-a-- �,.� �• ���' �- � - i `,� �L r v Of WAMI. tt.iromt)A 1Ntt"-0 VICI1 M@M0i7A1`4tiUk4 110t1+ t'Ih1 t+ M,tyr)Y And Mvmh(,ts tiA)t ,1tt1y 71 ► 1988 tat nt the City C1Mmrn11%#4it11i / cltq)t, r Cttywidn AttAinenn t)e.vrl.opmetit Pitnt i'rngram 11ndln tit ttIto tt,t: Ci tV Mn11nf;I-r F 14•'1 r+•.urvo r. The ar_tnehed re.mnlution is betng presented at the Juty 21. 199$ City Cnmmissinn Meeting fnr formal npprovnt which was not done at the .1tity 14, 19R8 Ctty Commission Meeting when it was ortginal.ty presented. Thies item was discussed at the .July lei, Cnmmissi.on Meeting, and subsequently amended to include the addition of Mr. Herbert .7. Bailey, Assistant City Manager, as part of the Citywi.de Rustneas Pilot Prngram lnnn committee, no other changes were requested. Since t.hr' Cnmmi scion slid not vote on this item, it is therefore recommended that the Commission approve said Item at this time. CC: Aurelio Perez—Lugones Cttv Manager's Office City Clerk 88-'743 ... ......_