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HomeMy WebLinkAboutR-80-0720RESOLUTION NO. 8 0- 7 2 0 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ACCEPT A GRANT AWARD OF $1,580,400 FROM THE FEDERAL ECONOMIC DEVELOPMENT ADMINISTRATION TO DEVELOP AN OVERTOWN NEIGHBORHOOD SHOPPING CENTER WITH THE EXPENDITURE OF FUNDS UNDER SUCH GRANT TO BE AUTHORIZED ONLY BY THE -CITY COMMISSION. WHEREAS, the Federal Economic Development Administration will award a grant of $1,580,400 to the City of Miami and the Overtown Economic Development Corporation for the development of a 38,000 square foot Overtown Neighborhood Shopping Center; and WHEREAS, the Overtown community is in need of, and desirous of the development of a shopping center; and WHEREAS, the City Manager is authorized to accept grants and awards of monies on behalf of the City of Miami; and WHEREAS, the City of Miami Commission is desirous of additional time to thoroughly review the proposed project before authorizing the manager to expend funds received under the grant; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized to accept the award of $1,580,400 from the Federal Economic Develop- ment Administration for the development of the proposed Overtown Neighborhood Shopping Center. Section 2. The acceptance of this award is conditioned upon the requirement that the City Manager shall not expend funds received under this grant until such expenditures are authorized by the City Commission. PASSED AND ADOPTED this 25 day of SEPTEMBER , 1980. T: ':7ZRA"LP�WG. ONGIE, CITY CLE07 PREPARED AND APPROVED BY: ROBERT F. CLARK ASSISTANT CITY ATTORNEY MAURICE A. FERRE MAURICE A. FERRE, MAYOR "DOCUMENT INDEX lTLM NO, ► PR�VEQD,QAS 1TO FORM/AND CORRECTNESS ; GE GE F. KNOX, )W1W CI ATTORNEY MEETING OF S E P 2 5 1980 amm «0,,_8 0 - 7,2