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HomeMy WebLinkAboutR-04-0531City of Miami Legislation Resolution: R-04-0531 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 04-00886 Final Action Date: 7/22/2004 A RESOLUTION OF THE MIAMI CITY COMMISSION INSTRUCTING THE ADMINISTRATION TO RE -NEGOTIATE THE EXISTING $400,000 ECONOMIC DEVELOPMENT CONTRACT BETWEEN THE CITY OF MIAMI AND THE SMALL BUSINESS OPPORTUNITY CENTER, INC., TO INCLUDE BOTH HOUSING AND ECONOMIC DEVELOPMENT ACTIVITIES IN ITS WORK PROGRAM; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE EXISTING AGREEMENT AND A NEW AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORMS, FOR THE HOUSING ACTIVITIES, IN A TOTAL AMOUNT NOT TO EXCEED $400,000, OF 28TH YEAR COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FUNDS FOR BOTH CONTRACT ACTIVITIES. WHEREAS, it is in the best interest of the City of Miami to re -negotiate the contract with Small Business Opportunity Center, Inc., to include both housing and economic development activities in its work program; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The Administration is instructed to re -negotiate the existing $400,000 economic development contract between the City of Miami and the Small Business Opportunity Center, Inc. to include both Housing and Economic Development Activities in its work program. Section 2. The City Manager is further authorized {1} to execute an amendment to the existing agreement and a new Agreement, in substantially the attached forms, for the Housing Activities, in a total amount not to exceed $400,000 of 28th Year Community Development Block Grant Program funds for both contract activities. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 1 of 1 File Id: 04-00886 (Version: 1) Printed On: 9/26/2016