HomeMy WebLinkAboutR-04-0734City of Miami
Legislation
Resolution: R-04-0734
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-01281 Final Action Date: 11/18/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION ESTABLISHING A NEW
SPECIAL REVENUE FUND ENTITLED: "DR. MARTIN LUTHER KING JR. RECLAIM
THE DREAM INITIATIVE" ("FUND"); ALLOCATING FUNDS, IN THE AMOUNT NOT
TO EXCEED $50,000, FROM THE SPECIAL REVENUE FUND ENTITLED
"POVERTY INITIATIVE;" DIRECTING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENTS TO ESTABLISH SAID FUND FOR THE REVENUE AND
EXPENDITURE INDEX AS A COST CENTER ENTITLED: "DR. MARTIN LUTHER
KING JR. COMMERCIAL FAQADE PROJECT" COMMENCING IN FISCAL YEAR
2004-2005, FOR SAID PROJECT.
WHEREAS, the Dr. Martin Luther King Jr. Reclaim The Dream Initiative entails economic
revitalization efforts along Martin Luther King, Jr. ("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; and
WHEREAS, pursuant to Resolution No.04-0378, adopted June 10, 2004, the City Commission
authorized the City of Miami ("City") to undertake the MLK Boulevard Commercial Facade
Improvement Program ("MLK Facade Program") in partnership with Miami -Dade County ("County");
and
WHEREAS, both the City and the County have each approved funding in the amount of $250,000
for commercial facade improvements to businesses on MLK Boulevard; and
WHEREAS, the MLK Facade Program requires a property owner's contribution of up to ten
percent (10%) for participation in the program; and
WHEREAS, because of the financial challenges for businesses in the area to be covered by the
MLK Facade Program, the Mayor has agreed to provide the property owner's contribution as part of
the Mayor's Poverty Initiative Campaign; and
WHEREAS, the objective of economic revitalization through an improvement in the quality of life
for businesses and residents in the area to be covered by the MLK Facade Program is consistent with
the Mayor's Poverty Initiative Campaign; and
WHEREAS, the use of the City's Community Development Block Grant ("CDBG") Program funds
as previously provided in Resolution No. 04-0378, adopted June 10, 2004, will provide the necessary
account structure for the City's CDBG contribution; and
WHEREAS, the establishment of a new cost center to the Dr. Martin Luther King Jr. Reclaim the
Dream Initiative Special Revenue Fund will provide the necessary account structure for receipt of the
Poverty Initiative Plan funding, both of which will facilitate the implementation of the MLK Facade
Project in partnership with the County;
City of Miami
Page 1 of 2 File Id: 04-01281 (Version: 2) Printed On: 10/14/2016
File Number: 04-01281 Enactment Number: R-04-0734
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.
Section 2. The following new Special Revenue Fund is established and resources are
appropriated as described below.
FUND TITLE: Dr. Martin Luther King Jr. Reclaim the Dream Initiative Revenue Fund
COST CENTER: Martin Luther King Commercial Fagade Project
RESOURCES: Poverty Initiative Special Revenue Fund
APPROPRIATION:
$50,000
$50,000
Section 3. The allocation of funds, in an amount not to exceed $50,000, from the Special
Revenue Fund entitled "Poverty Initiative" to the revenue and expenditure index of said cost center,
commencing in Fiscal Year 2004-2004, for said project is authorized.
Section 4. The City Manager is authorized{1} to execute the necessary documents, to establish
said fund as a cost center.
Section 5. 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 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.
City of Miami Page 2 of 2 File Id: 04-01281 (Version: 2) Printed On: 10/14/2016