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HomeMy WebLinkAboutM-80-0631TO. Richard L. rosmoen September 8, 1980 City Manager Julio Castano, Director = Little River Commerce Ass. Department of Trade & Co rce (LRCA) Request for $50,000 Development In reference to the scheduled appearance of representation of the LRCA before the City Commission on September 15, 1980, please be advised that: 1. In accordance with the terms of Resolution 2. 3. JAC/es #80-517 the Department of Trade & Commerce Development contacted both the LRCA and the Metro Dade County Office of Community and Economic Development relative to the acceptability of the proposed joint venture between the LRCA and the Edison -Buena Vista Local Development Corporation. The results of these contacts were negative to the joint venture. Based upon the inability to implement the City's Neighborhood Economic Development Program in the Edison/Little River CD Area as a joint venture, the Department of Trade and Commerce Development has proceeded, in accord with the terms of Resolution #80-517, to execute and implement the said contract with the Edison -Buena Vista Local Development Corporation as the only contract agency. It is our recommendation, based on the above facts, that LRCA be granted $50,000 from the City with the following understanding: a. That this City grant will not be renewed past this CD year. b. That LRCA is expected to seek other sources of funds to thus make it self sufficient in the future. 80-631 EM U111C RIVer 1 COMMeree ASSOC1011089 19C• 8247 N.E. 2nd Avenue/ Little River/ Miami, Florida 33138 / 754.7444/ 754.1444 July 25, 1980 0 Sylvia Lowman, Agenda Secretary City of Miami Manager's Office 3500 Pan American Drive Miami, FL 33133 Dear Sylvia: In response to our telephone conversation of yesterday, we submit our written application to appear'on the September 11, 1980,,Agenda of the Miami City Commission for the purpose of -'requesting funding for the current year in the sum of'$50,000.This amount will enable Little River Commerce Association to complete their Economic Development Program, now in its third succes- ful year. The source of the $501000 will be left to your discretion. Very truly ours, c D,oh L. B-ednar i�resident