HomeMy WebLinkAboutItem #30 - First Reading Ordinanceap
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F2i�,VZSFD 5/14/84
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AN ORDINANCE AUTHORIZING THE ISSUANCE SUBJECT
TO THE ELECTION HEREIN PROVIDED FOR
$30,000,000 HOUSING AND REDEVELOPMENT BONDS
FOR COMMUNITY REVITALIZATION PROJECTS IN THE
CITY OF MIAMI, FOR THE PURPOSE OF PAYING THE
COST OF LAND ACQUISITION, RESIDENTIAL AND
BUSINESS RELOCATION, DEMOLITION, SITE AND
INFRASTRUCTURE IMPROVEMENTS, CONSTRUCTION AND
MODERNIZATION OF PUBLIC FACILITIES, FINANCIAL
ASSISTANCE FOR THE CONSTRUCTION OF LOW AND
MODERATE INCOME HOUSING, ECONOMIC
DEVELOPMENT, HISTORIC PRESERVATION, AND THE
CONSTRUCTION OF REPLACEMENT HOUSING FOR THE
RESIDENTIALLY DISPLACED,, AND PROVIDING FOR
THE LEVY AND COLLECTION OF AD VALOREM TAXES
TO PAY SUCH BONDS.
ORDINANCE NO.
BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. For the purpose of paying with any other
available funds, the cost of development of housing for low and
moderate it
areas desi
redevelopm,
of physi
disorganiz
as "CITY
Overtown/
Havana;
acquisiti
�—, ties ani'
lopment for
- ^nmmunity
;ions
ocial
ed to
;heast
Kittle
), the
iderate
income house►,61 _ _ IV 3lition
of blighted strq#Jures, the relocation oa ;s and
businesses dl''gplac�d by public acquisition, the construction of
_ site n)�,infra.,trjjcture improvements, the modernization of public
fact i ieso he provision of financial assistance for the
construct. op ov low and moderate income housing, the preservation
of structures of historic and architectural significance,
economic development and the cons
for residential displacees. ThE
authority of the Constitution an( CITY COMMISSION
MEETING OF
including particularly the Gharte
MAY 2 4
ORUINANCE fi0....... ............
Ist READING.., �... (.1.........
2nd REALMiG .........................