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Home My WebLink AboutR-84-1160J-84-973 10/4/84 RESOLUTION N0. 846'1160 A RESOLUTION ALLOCATING $3,145.83 OF TENTH YEAR COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, APPROPRIATED BY ORDINANCE NO. 9834, TO THE MARTIN LUTHER KING ECONOMIC DEVELOPMENT CORPORATION (MLKEDCO), (WHICH AMOUNT DOES NOT EXCEED 1/12 OF THE TOTAL ANNUAL ALLOCATION OF $37,750 FOR SAID AGENCY) FOR THE PERIOD FROM NOVEMBER 1, 1984 THROUGH NOVEMBER 30, 1984 FOR CONTINUED IMPLEMENTATION OF ITS NEIGHBOR- HOOD ECONOMIC DEVELOPMENT CORPORATION PROGRAM; AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH SAID AGENCY TO IMPLEMENT SAID ALLOCATION. WHREAS, the City Commission is committed to economic development and the expansion of trade and commerce, and WHEREAS, the promotion of economic revitalization in the neighborhood of the City of Miami is an important part of the City's economic development strategy; and WHEREAS, the organizational and Board of Director problems of the Martin Luther King Economic Development Corporation (MLKEDCO) have not been fully resolved; and WHEREAS, Motion No. 84-775 adopted at the July 30, 1984 City Commission meeting authorized the MLKEDCO to receive funds on a month -to -month basis until the aforementioned problems are resolved; and WHEREAS, Resolution No. 84-1072 adopted at the September 20, 1984 City Commission meeting authorized MLKEDCO to receive payment in the amount of $12,583.83 for the months of July, August, September and October; and WHEREAS, MLKEDCO needs operating funds for the month of November, 1984; and WHEREAS, the City Commission is desirous of continuing the neighborhood economic development program in the Model City community and funds are available in the Tenth Year Community Development Block Grant for such a purpose; CITY COMMISSION MEETING OF OCT10 IM 101% n84"'116 t NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY i OF MIAMI, FLORIDA: t Section 1. The amount of $3,145.83 of Tenth Year Community Development Block Grant Funds, previously appropriated by Ordinance No. 9834 adopted April 5, 1984, is hereby allocated to the Martin Luther King Economic Development Corporation (which amount does not exceed 1/12 of the total annual allocation of $37,750 for said agency) for the period from November 1, 1984 through November 30, 1984, for continued implementation of its neighborhood economic development program. Section 2. The City Manager is hereby authorized to ' enter into an agreement with the Martin Luther King Economic �4. Development Corporation, in a form acceptable to the City Attorney, to implement the herein allocation. PASSED AND ADOPTED THIS loth day of October, 1984. ATTEST: RAL G. ONGIE City Clerk PREPARED AND APPROVED BY: &41ox e ROB RT F. CLARK Deputy City Attorney APPROVED AS JfjV FORWUD YVV�.li lif. YVVV City Attorney RFC/wpc/pb/023 Maurice A. Ferre MAURICE A. FERRE, Mayor ESS: 0 70 To: Howard V. Gary City Manager a CITY OF MIAMI. FLOPIDA INTER -OFFICE MEMORANDUM FRoM: Charlotte Gallogly ri Director �1 Department of Economic D velopment DATE: September 25, 1984 ME: SUBJECT: Approval of Funding For The Martin Luther King Economic Development Corporation For November 1 - 309 1984 REFERENCE!: October 10, 1984 Com- ENCLosUREs: mission Agenda "It is recommended that the City Commission approve the attached resolution allocating $3,145.83 of Tenth Year Community Development Block Grant Funds appropriated by the passage of Ordinance #98-34 to the Martin Luther King Economic Development Corporation (MLKEDCO) in an amount not to exceed 1/12th of the total allocation of $37,750 for said agency, for the period from November 1, 1984 to November 30, 1984 for it to continue implementing a neighborhood economic development program; authorizing the City Manager to enter into an agreement with the aforementioned agency in a form acceptable to the City Attorney. The Community Based Organizations (CBOs) have been the City's primary outreach vehicles to assist the various neighborhood commercial districts in addressing their economic development projects. The Martin Luther King Economic Development Corporation (MLKEDCO) has been under contract with the City of Miami for the Past two years for the purpose of developing and implementing economic projects in the Model Cities/Edison Center business district. During the 1983-84 contract year, the MLKEDCO experienced various problems related to the constitutionality of MLKEDCO's by-laws which resulted in two different groups holding themselves to be the duly elected representatives of this corporation. Since these problems have not been adequately resolved, the City Commission adopted Motion No. 84-775 at its July 30, 1984 h: Th t L Providing business assistance activities. A. Providing management/technical assistance to a minimum of 15 local businesses per month using the Business Assistance Form. B. Providing assistance in the start-up of a minimum of 12 new businesses per year documented by the Business Assistance Form. C. Providing loan referral assistance to a minimum of three businesses per quarter documented by the Business Assistance Form. Implementing economic development activities for each neighborhood area. A. Assisting in the rehabilitation of six (6) commercial structures in the target areas utilizing existing financial resources available through local government agencies. B. Establishing a job training/placement program for area residents with the assistance of the South Florida Employment and Training Consortium/Private Industry Council where appropriate. CG/MYA/ju Attachment Commission meeting, which authorized MLKEDCO to receive funds on a month -to -month basis until the aforementioned problems are - i adequately resolved. On September 209 1984, the City Commission passed Resolution No. 84-1072 authorizing payment to MLKEDCO in the amount of $12,583.83 for the months of July, August, September and October, 1984. -, _ It is recommended that the City Commission approve the attached resolution which will provide MLKEDCO with tenth year Community Development Black Grant funds, in the amount of $3,145.83 or 1/12th (1 month) of the total allocation of $37,750 that has been -_ approved for said organization. This would represent 1/12 funding — for the month of November 1984. It should be noted that MLKEDCO has begun implementing the - following Management by Objectives (MBOs) for the 10th year contractual period (FY 184-185): 1. Conducting monthly organizational meetings to maintain established programs. A. Meeting with the merchants associations within its neighborhood area. AA B. Meeting monthly with the MLKEDCO Board of Directors. C. Maintaining the business crime watch programs and - - conducting monthly meetings. - 2. Implementing revenue generating projects. A. Identifying and implementing specific project(s) that will be directed toward earning revenues for each contractor = for the purpose of becoming self-sufficient. B. Implementing revenue generating activities for the purpose of raising $12,250 by January 1, 1985. Funds generated by grants (federal, state and local) will not be - considered to be generated revenues. 3. Providing business and economic information in the neighborhood area. A. Publishing a business -oriented newsletter on a quarterly — basis. B. Producing, in conjunction with the City, a marketing brochure aimed at attracting new businesses to the target area. 84"116011