HomeMy WebLinkAboutR-86-0304041
J-86-343
4/15/86
RESOLUTION N0. 8G' 304
A RESOLUTION DESIGNATING AND APPOINTING
CERTAIN INDIVIDUALS TO SERVE AS DIRECTORS OF
THE FOUNDATION ESTABLISHED OR TO BE
ESTABLISHED BY THE DEVELOPER OF THE BAYSIDE
SPECIALTY CENTER AT BAYFRONT PARK FOR THE
PURPOSE OF (1) CREATING AND ADMINISTERING A
LOAN GUARANTY PROGRAM FOR VENTURE CAPITAL
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.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. The following individuals are hereby
designated and appointed to serve as directors of the Foundation
established or to be established by the developer of the Bayside
Specialty Center at Bayfront Park for the purpose of (1) creating
and administering a loan guaranty program for venture capital
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:
DarrUl Sharntnn 1 1 1 0 Bri nkPl 1 AvP _ ., Suit-e 81 A
Miami, Florida
W i l 1 i Am F. _ mAnkar 207 S N. W _ 54 t-h St-rPpt-
Miami, Florida
.. - - ..
Miami, Florida
CITY CORIVIISSION
MEETING OF
APR 22 M1
Qrs .121
2
PASSED AND ADOPTED this 22nd day of APRIL , 1986.
ATTEST:
MATTY HI I, CITY CLERK
PREPARED AND APPROVED BY:
ROBERT F. CLARK
CHIEF DEPUTY CITY ATTORNEY
APPROVED TO FORM AND CORRECTNESS:
ge"
LUCIA A. DOUGHERTY
CITY ATTORNEY
RFC/rr/171
49AVIERER L. SUAREZ, MAYOR
S6- .,304
� r�i F�,' t K: Yuh �
m
CITY OF MIAMI, FLORIDA
INTER -OFFICE MIEMQRANCUM 13
............
April 1S, 1988 '
TO.Cesar H.%i0he DATE: p FILE.
City Msus�Ecr.Resolution Appointing
Directors of Rouse Foundation (Hayside Specialty
Center)
FROM uoia Ay REFERENCES:
City Attorney
ENCLOSURES. 1 )
i
i
At its April 10, 1986 Meeting, the City Commission only appointed
�r
one of five Directors of the subject Foundation. As requested,
the attached resolution will allow the City Commission to
complete its appointment of the other four Directors of the
subject Foundation, in accordance with the attached March 19,
1986 letter to you from HVG Investments Ino.
LAD/RFC/rr/172
O
sc-- 301I
HVG
INVESTMENTS INC. -
3050 SISCAYNE BOULEVARD / SUITE SW -
MIAMI, FLORIDA 33137
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.
SincezrelX
Howard Gary
President
CC: Mayor Suarez
Vice Mayor Dawkins
Commissioner Carollo
Commissioner Kennedy
Commissioner Plummer
James Dausch, The Rouse Company
POST OFFICE BOX 370737 7Ei-EP61CNE 205) :731•1622
a