HomeMy WebLinkAboutR-86-0365J-86-393
4/29/86
rx,
—365
r
RESOLUTION N0 .
k=
A RESOLUTION DESIGNATING AND APPOINTING A
OF
CERTAIN INDIVIDUAL TO SERVE AS A DIRECTOR
TO BE
THE FOUNDATION ESTABLISHED OR
DEVELOPER OF THE BAY
3 r
ESTABLISHED BY THE
SPECIALTY CENTER AT BAYFRONT PARK FOR THE
PURPOSE OF (1) CREATING AND ADMINISTERING A
VENTURE CAPITAL
LOAN GUARANTY PROGRAM FOR
MINORITY BUSINESS ENTERPRISES (2)
LOANS TO
CREATING A VOCATIONAL/EDUCATIONAL SCHOLARSHIP
FUND FOR MINORITIES, AND (3) PROVIDING
L COMMUNITY
TECHNICALLOCAASSISTANCE TO
DEVELOPMENT CORPORA TIONS ENGAGED IN
DEVELOPMENT.
Y• ('
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The following individual is hereby designated
and appointed to serve as a director of the
Foundation
established or to be established by the developer of
the Bayside
Specialty Center at Bayfront Park for the purpose of
Cl) creating
,.; .._.,..,
and administering a loan guaranty program for venture capital
to Minority Business Enterprises, (2)
creating a
loans
scholarship fund for minorities, and 3
vocational/educational
r
providing technical assistance to local community
development
i mod.
�
-•,
corporations engaged in economic development:
A'
1 i 4
Ileana Acosta 121 West Shore Drive, Miami 33133
PASSED AND ADOPTED this 7th day of May , 1986.
XAVIER L. SUAREZ, MAYOR
HIRAI, CITY CLERK
Gilt CO-oakII88IOl�t
19M MG OF
WAY 7 10
PREP ED AND APP OVB BY:
ROB T F. CLARK
CHIEF DEPUTY CITY ATTORNEY
APPROVED�,iS TO FORM AND CORRECTNESS:
LUCIA A. DODU
CITY ATTORNEY
RFC/rr/188
66-365
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO. Cesar H . io , City Manager DATE, April 29, 1986 FILE: _
Attn: uder, Special Assistant
` 1 ,/City Manager SUBJECT: City Commission Agenda of
May 7, 1987
FROM• Lucia A. Doug rty REFERENCES: Appointing one Director to
City Attorney to Rouse Foundation
ENCLOSURES: ( 1)
This legislative item last appeared on the City Commission Agenda
of April 22, 1986 but was not completed since there is one more
appointment pending.
LAD/RFC/rr/188
S6-365
•
40
to
111VIG
INVESTMENTS INC.
3050 BISCAYNE BOULEVARD / SUITE 800
MIAMI, FLORIDA 33137
F
March 19, 1986
Mr. Cesar Odio
City Manager --
City of Miami
3500 Pan American Drive
Miami, Florida 33133
Dear Mr. Odio:
The City of Miami entered into an agreement with The Rouse
Company to develop the Bayside Speciality Center at Bayfront
Park. Part of that agreement requires The Rouse Company to
establish a Foundation for the purpose of 1) creating and
administering a loan guaranty program for venture capitol
loans to Minority Business Enterprises, 2) creating a
vocational/educational scholarship fund for minorities, and
3) providing technical assistance to local community
development corporations engaged in economic development.
The Foundation, which will be non-profit, will consist of
fifteen (15) directors with one-third (5).of the directors
appointed by the Developer, one-third (5) of the directors
appointed by the City Commission, and one-third (5) of the
directors representing community organizations and elected by
the balance of the board.
As a consultant to the Foundation, I am requesting that the
'appointment of the five (5) directors by the City Commission
be placed on the agenda for the April 10, 1986 Commission
Meeting.
Thank you for your assistance and please confirm that this
matter has been placed on the agenda.
Since 1
Howard Gary
President
cc: Mayor Suarez
Vice Mayor Dawkins
Commissioner Carollo
Commissioner Kennedy
Commissioner Plummer
James Dausch, The Rouse Company
POST OFFICE BOX 370787 / TELEPHONE (305) 573-1632
•
I m
$l��.365