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Home My WebLink AboutR-82-0636RESOLUTION No. A RESOLUTION APPROVING THE CITY MANAGER'S SUBMISSION OF A GRANT APPLICATION TO THE UNITED STATES DEPARTMENT OF COMMERCE: ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) REQUESTIIIG $800,000 FOR THE REDEVELOPMENT AND RENOVATION OF THE PANTRY PRIDE BUILD- ING AND PROPERTY LOCATED AT NORTHWEST 62ND STREET AND 6TH AVENUE IN CONJUNCTION WITH THE BELAFONTE TACOLCY CENTER, INC. AND EXPRESSING THE INTENT OF THE CITY COMMISSION TO MEET THE CASH MATCH RE- QUIREMENTS OF THE UNITED STATES DEPART- MENT OF COMMERCE FOR THIS PROJECT 11HEN IT IS APPROVED BY THE EDA. WHEREAS, the City of Miami submitted a pre -application to the United States Department of Commerce on December 10, 1980, requesting a grant to renovate a currently vacant 46,000± square foot Pantry Pride supermarket structure into a 23,000 square foot supermarket and 8-10 retail establish- ments; and WHEREAS, the United States Department of Commerce has expressed an interest in receiving a formal application from the City of Miami for the aforementioned project for possi- ble funding from the Department's Public Works Program, Title I of the Public Works and Economic Development Act of 1965, as amended; and WHEREAS, the United States Department of Commerce encourages public and private non-profit community organiza- tions to work together to carry out projects under Title I; and WHEREAS, the Belafonte Tacolcy Center, Inc., a reci- pient of financial support from the Local Initiative Support Corporation, a subsidiary of the Ford Foundation, has ex- pressed a willingness to work with the City of Miami to accomplish the project; and WHEREAS, the City of Miami wants to work with the Belafonte Tacolcy Center, Inc. to develop the project; and CITY COMMISSION MEETING OF J U L ?��,198,Z REBO MIO14 REYARI ......................�,w,,, WHEREAS, approval of the grant award will require the City of Miami to meet the cash match requirements; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. That the action by the City Manager of submitting a grant application to the United States Depart- ment of Commerce, Economic Development Administration, dated July 13, 1982, for the redevelopment and renovation of the Pantry Pride building and property located at Northwest 62nd Street and 6th Avenue, Miami, Florida, be ratified and affirmed. Section 2. It is the intent of the City Commission to endorse and provide support for the herein Pantry Pride project by meeting the cash match requirements of the United States Department of Commerce for this project when it is approved by the EDA . PASSED AND ADOPTED this 22ND day of JULY , 1982. MAURICE A. FERRE TIAURICE A. FERRE, Mayor ATTEST: MAT Y HIRAI Acting City Clerk PREPARED AND APPROVED BY: ,JOEL E. MAXWELL Assistant City Attorney APPROVED AS TO FORM AND CORRECTNESS: GEOIRR F. KNOX, JR._. City ttorney G"ice"-- 2 �i Ar O v -1 • Howard V. Gary City Manager Jim Reid Assistant City Manager }(,� July 13, 1982 - Renovation of the Pantry Pride Site City Commission Meeting of July 22, 1982 It is recommended that the City Commission ratify and affirm the action of the City Manager in sub- mitting a grant application to the United States Department of Commerce requesting $800,000 for the redevelop- ment and renovation of the Pantry Pride building and property located at N.W. 62nd Street and 6th Avenue in conjunction with the Belafonte Tacolcy Center, Inc. and expressing the intent of the City Com- mission to meet the cash match require- ments of the United States Department of Commerce for this project when it is approved. On March 11, 1982 the City Commission authorized the City Manager to submit a grant application to the United States Department of Commerce, Economic Development Administration to acquire and renovate the Pantry Pride building and property located at N.W. 62nd Street and 6th Avenue in conjunction with the Belafonte Tacolcy Center, Inc. Subsequently, a joint City of Miami and Metropolitan Dade County application for Title IX funds was turned down. At that time, the regional director for the EDA, Wilbur S. Hattendorf, invited the City and the Belafonte Tacolcy Center, Inc. to come to Atlanta, Georgia on Wednesday, June 9, 1982 to discuss the prospect of funding the Pantry Pride project under the EDA Title I Program. During that meeting, Mr. Hattendorf indicated that the EDA might provide up to $800,000 in Federal support of the project provided the City could raise the $900,000 as local share (total project cost is estimated at $1.7 million). Since that meeting, letters have been exchanged (attached) and the EDA has invited the City to apply for the funds. The City filed the grant application today including the proposal for providing the local share as follows: n r- ' -, . . llr i9 U'�� • Page 2 1. $400,000 would be provided by the City of Miami. 2. $250,000 would be provided by the Local Initiatives Support Corporation (an affiliate of the Ford Founda- tion) . 3. $125,000 would be provided by Metropolitan Dade County. 4. $125,000 would be provided by the Greater Miami Chamber of Commerce under their Liberty City Revitalization Program - seed capital fund. The Local Initiatives Support Corporation, Metropolitan Dade County and the Greater Miami Chamber of Commerce have agreed in principle to fund the project. Attached for approval by the City Commission is a resolution which ratifies and affirms the action of the City Manager in filing the grant application dated July 13, 1982 and expresses the intent of the City Commission to meet the cash match requirements of the Department of Commerce for this project when it is approved by the EDA. m Irl - J July 2, 1982 Honorable Maurice Ferre Mayor, City of Miami 3500 Pan American Drive Miami, Florida 33133 F C '01 4 U.S. DEPAPIrMEINT OF CDMMEACE Economic Development Administration ATLANTA REGIONAL OFFICE Suite 100 1365 Peachtree St., N. I — Atlanta, Georgia 30309 Re: EDA Locator No. AFL 0171 Mimai, Fl. Dear Mayor Ferre: This is a conditional authorization for you to submit an application to the Economic Development Administration (EDA) for $800,000 in EDA funds. Federal funds are not to exceed 500 of the cost of construction of the "Pantry Pride Shopping Center" project now estimated at a total cost of $1,775,000. During the pre -application conference held June 9, 1982, certain questions arose with regard to the local matching share of project funds. We have received Mr. Jim Reid's letter dated July 1, 1982, indicating the source of $975,000 in matching funds. Resolution of this question now enables us to issue this conditional authori- zation letter. Ile must advise you that your project may not be processed if a deficiency -free application is not received prior to July 12, 1982. Receipt of an application prior to July 12 will allow this office, and our Washington Office, sufficient time to review your applica- tion and will maximize its chances for eventual approval if funds are available at that time. sincerely, ail ur iattendor Director, Atlanta Reg} n 1 c�5_ Hari: •SF;i) \ c; ,^ � July 1, 1982 Mr. Wilbur S. Hattendorf Director Economic Development Administration Southeast Regional Office 1365 Peachtree Street, N.E., Suite 700 Atlanta, Georgia 30309 Dear Mr. Hattendorf: It was a pleasure to meet with you and your staff on Wednesday, June 9, 1982 to discuss funding of the Pantry Pride project under the EDA Title I program. As I indicated at that time, we would be pleased to provide you with the estimated project budget and documentation on how the local share is to be pro- vided. The estimated project budget follows: Administrative Expense $ 75,000 Land, Structures, Rights of Way 350,000 Architectural Engineering Basic Fees 75,000 Project Inspection Fees 40,000 Construction and Project Improvements 11100,000 Miscellaneous (Legal and Insurance) 10,000 Contingencies, 125,000 Total 1,775,000 Federal Share Requested 800,000 Page 2 The local share of the project would be provided as follows: City of Miami $ 400,000 Local Initiatives Support Corporation and Ford Foundation 325,000 Metropolitan Dade County 125,000 Greater Miami Chamber of Commerce (Liberty City Venture Capital Fund) 125,000 Total $ 975,000 We plan to prepare a full application based on the above figures. Your assistance and cooperation in the design and funding of this project is greatly appreciated. Wish best wishes, -% - /6-1-" - Jim Reid Assistant City Manager n " r- ,, ti�0%J,J