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HomeMy WebLinkAboutcover memoNOV-08-2004 17:28 CITY MANAGERS OFFICE 305 4i6 1019 P.01/01 Ta: FROM CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM Honorable Members of the City Commission DATE November 8, 2004 Manuel Diaz Mayor St.NOJERT REFERENCES: CRES: Commission Meeting - Mayor's Blue pages November 186, 2004 FILE: We are requesting that a resolution be placed on the Mayor's Blue Pages for the November $82' commission meeting authorizing: the establishment of a new cost center for special revenue fund for the Dr. Martin Luther King Reclaim the Dream Initiative. The purpose of this item is to provide the property owner's contribution for businesses that participate in a,pflot commercial facade improvement program with Miami -Dade County along Dr. Martin Luther King Jr. Boulevard. History The Dr Martin Luther King Jr. Reclaim The Dream Initiative entails economic revitalization efforts along MLK Boulevard which include, but are not limited to, commercial facade improvements, historic designations and streetscape improvements which are aimed at improving the quality of life for area businesses and residents. The City has p artnercd with Miami -Dade County (County) t o e stablish a p ilot commercial facade improvement program for MLK Boulevard. Both the City and County have each approved funding in the amount of $250,000 for commercial facade improvements to businesses on MLK Boulevard. As a program requirement, the property owner's are required to make a contribution of up to 10% for the proposed improvements for the businesses., The Mayor has agreed to provide the 10% contribution in an effort to relax the financial requirements for participation. cc: Joe Arriola, City Manager MAO TOTAL, P.01