HomeMy WebLinkAboutpre resolutionJUL-02-2004 14:07 CITY CLERKS OFFICE
J-03-776
09/10/03
RESOLUTION NO. 03 " 990
305 85S 1610
A RESOLUTION OF THE MIAMI CITY COMMISSION,
WITH ATTACHMENT(S), AUTHORIZING THE
ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") FUNDS FROM THE PREVIOUSLY
APPROVED DISTRICT 5 LITTLE HAITI JOB
CREATION PILOT PROJECT SET -ASIDE, TO NEPTUNE
AND SON RESTAURANT AND BEAUTY SHOP, CORP.,
IN THE AMOUNT OF $90,000, FOR THE RESTAURANT
AND THE AMOUNT OF $60,000 TO NEPTUNE AND SON
RESTAURANT AND BEAUTY SHOP, CORP. FOR THE
BEAUTY PARLOR, IN THE FORM OF FIVE YEAR
DEFERRED, FORGIVABLE LOANS WITH THE
PROVISION THAT THE FUNDS BE USED TO CREATE
AND MAINTAIN NEW EMPLOYMENT OPPORTUNITIES
FOR RESIDENTS OF THE LITTLE HAITI
NEIGHBORHOOD FOR A FIVE-YEAR PERIOD, SUBJECT
TO SUBMISSION OF EVIDENCE OF AVAILABLE
FINANCING TO COMPLETE EACH PROJECT; FURTHER
AUTHORIZING THE CITY MANAGER TO EXECUTE
INDIVIDUAL AGREEMENTS, IN SUBSTANTIALLY THE
ATTACHED FORM, WITH EACH AGENCY, FOR SAID
PURPOSES.
WHEREAS, Resolution No. 98-402.1, adopted April 14, 1998,
authorized the allocation of Community Development Block Grant
("CDBG") funds, in an amount not to exceed $225,000, to
implement the Little Haiti Job Creation Project, which
represented the first installment of a fire --year commitment to
create jobs and stimulate businesses in the Edison Little River
area; and
ATTACHMENT 00)
CONTAINED
Armeiraion
JUL-02-2004 14:07
CITY CLERKS OFFICE 305 858 1610 P.03
WHEREAS, on May 11, 2000 and July 11, 2000, the City
Commission reaffirmed this commitment by allocating the second
and third CDBG installments in the amount not to exceed
S225,000, for the Little Haiti Job Creation Project; and
WHEREAS, on May 1, 2001, the City Commission approved the
creation of the District 5 Little Haiti Job Creation Pilot
Project and adopted project guidelines; and
WHEREAS, on April 23, 2003, the District 5 Little Haiti Job
Creation Pilot Project Advisory Board reviewed and voted to
recommend the allocation of CDBG funds of $90,000 to Neptune and
Son Restaurant and Beauty Shop, Corp. for the restaurant and
$60,000 to Neptune and Son Restaurant and Beauty Shop, Corp. for
the beauty parlor for the creation and maintenance of new
employment opportunities for residents of the Little Haiti
neighborhood for a five-year period;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA;
Section 1. The recitals and findings contained in the
Preamble to this Resolution are adopted by reference and
incorporated as if fully set forth in this Section.
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CITY CLERKS OFFICE
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Section 2. The allocation of CDBG funds set aside for
District 5 Little Haiti Job Creation Pilot Project for the
creation and maintenance of new employment opportunities for
residents of the Little Haiti neighborhood for a five-year
period, in the form of a five-year deferred, forgivable loan,
subject to the following provisions: (i) applicant must provide
evidence of available financing to complete each project, (ii)
projects must receive United States Housing and Urban
Development approved environmental clearance, and (iii) projects
must meet all applicable local, State and Federal regulations,
is authorized in the following particulars:
Agency Amount New Jobs
Neptune and Son Restaurant and
Beauty Shop, Corp. / Restaurant 90,000 6
Neptune and Son Restaurant and
Beauty Shop, Corp. / Beauty Parlor 60,000 4
Total $ 150,000 10
Section 3. The City Manager is authorized' to enter
into individual agreements, in substantially the attached form,
with each agency, for said purpose.
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
provisions of the City Charter and Code.
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CITY CLERKS OFFICE 305 B58 1610 P.05
Section 4. This Resolution shall become effective
immediately upon its adoption and signature of the Mayor.1/
PASSED AND ADOPTED this 11th day of September , 2003.
UEL A. DIAZ, MAYO
ATTEST:
/.r.�
P ISCzi,LA x, z'ffaMpSON
CITY CLERK
APPROVED A •FI ORM AND CORRECTNESS Yb`
D'i VILARELLO
Y ATTORNEY
W7494:tr:AS:BSS
If the Mayor does not sign this Resolution, it shall become
effective at the end of ten 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.
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03`" 396
TOTAL P.05