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HomeMy WebLinkAboutR-81-1025a1 C i RESOLUTION N0. M'. . i 12 c� A RESOLUTION AUTHORIZING THE CITY MANAGER TO INCREASE THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO THE OVERTOWN ECONOMIC DEVELOPMENT CORPORATION PROM $50y000 TO $111,300 FOR THE PURPOSE OF PROVIDING EXPANDED ECONOMIC DEVELOPMENT SERVICES IN THE OVERTOWN TARGET AREA; FURTHER AUTHORIZ- ING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE AGREEMENT, IN SUBSTANTIALLY THE FORM ATTACHED HERETO, WITH SAID AGENCY, WITH THE ADDITIONAL $61,300 BEING PROVIDED FROM THE SIXTH YEAR COMMUNITY DEVELOPMENT BLOCK GRANT. WHEREAS, the Overtown area is the most physically distressed area of the City; and WHEREAS, the Overtown area needs increased expanded economic development activities in the area; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to increase the allocation of Community Development Block Grant funds to the Overtown Economic Development Corporation from $50,000 to $111,300 for the purpose of providing the Corporation with capital for lever- age to attract different economic development projects to the Overtown targeted area, with the $61,300 in additional funds pro- vided from the Sixth Year Community Development Block Grant. Section 2. The City Manager is hereby authorized to execute an amendment to the agreement, in substantially the form attached hereto, with said agency. PASSED AND ADOPTED this 10 day of DECEMBER , 1981. MAURICE A. FERRE M A Y 0 R RALPH G. ONGIE, CITY CLERK PRE`` RED AND APPROV EE ROBERT F. CLARK . DEPUTY CITY ATTORNEY APPR" AS TO FQ'RM AND CORRECTNESS; GEORGE0F, KNOX, JR. CITY ATTORNEY ary COMMISSION MEETING OF OEC 101981 w 1+ "SownON 25 CITY OF MIA141, PLOPrbA LIM IR�y� t71fi IC ; M rli( A N b Howard V. Cary City Manager THROUCHt Jim Reid Asst. City Manager FROM Julio A. CastaYio r Director Dept. of Trade & C '81 NOV 23 PP. 4'14t- S 1 .14ovember 20 y gal FILE Stj Amendment to Economic Development Cohtract—"City of Miami and Overtowh Economic Development Corp. REFERENCES :3) erce Dev. ENCLo9UPES "It is recommended that the attached Resolution be adopted by the City Commission for the purpose of increasing the allocation of Community Development Block Grant Funds to the Overtown Economic Development Corporation from $50,000 to $111,300." The attached Resolution authorizes the City Manager to increase the Overtown Economic Development Corporation's contract by $61,300 from the 6th Year Community Development Block Grant. This additional allocation will enable this agency to provide expanded economic development activities in the Overtown Community Development Target Area. JAC /s 1 81 -1025 IL AMENDMENT An Amendment to a Contract dated May 13, 1980 between the City of Miami, hereinafter referred to as the "CITY" and Media Department II, Inc., hereinafter referred to as the WHEREAS, the -parties above had entered into an agreement dated May 13, 1980. for the purpose of engaging the F1RM as the exclusive advertising agency of record for the City's Department of Trade & Commerce Development; and WHEREAS, the parties agreed that changes to the contract would be mutually agreed upon and incorporated in writing to the Agreement; and WHEREAS, the CITY desires to extend the term of the contract and the FIRM is willing to provide services for an additional period of nine (9) months. THEREFORE, the Agreement between the parties is amended as follows: 1. The term of the Agreement is extended through September 30, 1982. It is understood that all other conditions outlined under the original agreement of May 13, 1980 remain in full force and effect without modification. WITNESS our hands and seals on this _ day of , 1981. ATTEST: RALPH G. ONGIE, CITY CLERK ATTEST: SECRETARY PREPARED AND APPROVED BY: 0 CITY OF MIAMI, a municipal corporation of the State of Florida By: nuW411 IJ v . uftnx CITY MANAGER MEDIA DEPARTMENT II, INC. By: PRESIDENT JOHN J. COPELAN, JR., ASST. CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNES dEORGE F. KNOK, JR.,'CITY ATTORNEY (SEAL) 81-1025