HomeMy WebLinkAboutR-86-0255J-88-288
3/28/86
RESOLUTION N0.
8(; -2255,_;
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:
Maria Cristina Barrios
NO APPOINTMENT MADE
NO APPOINTMENT MADE
NO APPOINTMENT MADE
NO APPOINTMENT MADE
2450 S. W. 27th Lane
Miami, Florida 33133
CITY COMMISSION
MEETING OF
APRQ,
ION No
x
PASSED AND ADOPTED thi8 _ lOth ay of APRIL
d1988.
XAVIER L. SUA EZ
MAYOR
a`.
ATTyq
i.
#Aif
TY HIRAI
CITY CLERK
PREPARED AND APPROVED BY:
�V—RORBERT . C
CHIEF DEPU CITY ATTORNEY
HVG
INVESTMENTS INC.
3050 BISCAYNE BOULEVARD / SUITE 800
MIAMI, FLORIDA 33137
March 19,
Mr. Cesar Odio
City Manager
City of Miami
3500 Pan American Drive
Miami, Florida 33133
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
8G-255.�
f�
CITY OF MIAMI. FLORIDA
INTER -OFFICE MEMORANDUM
N-1
TO:
Cesar H. Odio DATE: Maroh 28, 1988 FILE:
City Manager
SU9JEC, Resolution Appointing
Direotors of Rouse Founda-
tion (Bayside Specialty
Center)
FROM: Luoia A. Dougherty REFERENCES
City Attorney
ENCLOSURES.
Pursuant to your request, we are attaching a proposed resolution
whioh has been drafted in a000rdanoe with the attaohed letter to
you from HVG Investments Ino.
LAD/RFC/rr/139
' t
t