HomeMy WebLinkAboutR-87-0988J-87--1106
11/19/87
RESOLUTION NO. 87-98S.'
A RESOLUTION ALLOCATING AN AMOUNT NOT TO
EXCEED $75,000 FROM THE SUBORDINATE NOTE HELD
BY SUN BANK MIAMI, N.A. FOR THE COCONUT GROVE
EXHIBITION CENTER RENOVATION AND EXPANSION
PROJECT, TO THE COCONUT GROVE ASSOCIATION,
INC. FOR THE PURPOSE OF CONDUCTING A
SCULPTURE COMPETITION IN CONJUNCTION WITH THE
1988 COCONUT GROVE ART FESTIVAL; AUTHORIZING
THE CITY MANAGER TO EXECUTE AN AGREEMENT, IN
A FORM ACCEPTABLE TO THE CITY ATTORNEY,
BETWEEN THE CITY OF MIAMI AND THE COCONUT
GROVE ASSOCIATION FOR SAID COMPETITION;
SUBJECT TO AND CONTINGENT UPON SAID
ASSOCIATION'S COMPLIANCE WITH SUCH CONDITIONS
AND LIMITATIONS AS MAY BE PRESCRIBED BY THE
CITY OF MIAMI INCLUDING THE PROVISION THAT
THE WINNING WORK OF ART BE DONATED TO THE
CITY OF MIAMI.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. An amount not to exceed $75,000 is hereby
allocated from the Subordinate Note held by Sun Bank Miami, N.A.
for the Coconut Grove Exhibition Center Renovation and Expansion
Project to the Coconut Grove Association, Inc. for the purpose of
conducting a Sculpture Competition in conjunction with the 1988
Coconut Grove Art Festival.
Section 2. The City Manager is hereby authorized to
execute an agreement, in a form acceptable to the City Attorney,
between the City of Miami and the Coconut Grove Association, Inc.
for said competition.
Section 3. Said allocation and authorization is hereby
subject to and contingent upon said association's compliance with
any and all applioable conditions and requirements prescribed by
the administration of the City of Miami, including the provision
that the winning sculpture be donated to the City of Miami.
CITY COMMISSION
MEETING OF
NOV 19 1987
No.
�r
PARSED AND da ADOPTED this 1Uth Y of 1987.
XAVIER L. S EZ, MAYOR
ATTES f
NATTY HIRAI
CITY CLERK
PREPARED AND APPROVED BY:
ROBERT F. CLERK
CHIEF DEPUTY CITY ATTORNEY
APPROVED,AS TO FORM AND CORRECTNESS:
r
CIT'IA DOUG RTY
Y ATTORNEY
RFC:bss:M584
-2- 87--98&