HomeMy WebLinkAboutR-04-0758City of Miami
Legislation
Resolution: R-04-0758
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-01266 Final Action Date: 11/18/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT
("CDBG") PROGRAM FUNDS, IN THE AMOUNT OF $2,000,000, FROM CLOSED
OUT ACTIVITIES; ALLOCATING SAID FUNDS TO GOODWILL INDUSTRIES OF
SOUTH FLORIDA, INC. ("GOODWILL") FOR THE ACQUISITION OF GRAYBAR, A
BUILDING LOCATED ADJACENT TO GOODWILL'S HEADQUARTERS, TO
CREATE JOB EMPLOYMENT OPPORTUNITIES FOR CITY OF MIAMI RESIDENTS
AND INCREASE ECONOMIC GROWTH IN THE ALLAPATTAH AREA; TO
GUARANTEE THE ALLOCATION OF 2005 CDBG FUNDS, IN THE AMOUNT OF
$1,015,000, TO DISTRICT 5 CAPITAL IMPROVEMENT PROJECTS, UNLESS
FUNDS BECOME AVAILABLE PRIOR TO THE 2005 CDBG ALLOCATION (DUE TO
CLOSING OF CONTRACTS), THEN SAID FUNDS ARE TO BE AWARDED TO
DISTRICT 5; AUTHORIZING THE CITY MANAGER TO EXECUTE A LOAN
AGREEMENT FOR SAID PURPOSE.
WHEREAS, the Administration is requesting that funds, in the amount of $2,000,000, be
transferred from Community Development Block Grant ("CDBG") Program closed out activities; and
WHEREAS, Goodwill Industries of South Florida Inc. ("Goodwill"), founded in 1959, currently
provides rehabilitation, training and employment services to people with disabilities and other special
needs population to help them become competitively employed and self supporting citizens; and
WHEREAS, Goodwill was able to reduce its dependence on public funding from 39% to 7% and
has a proven strong track record of economic development and job creation in the Allapattah area;
and
WHEREAS, Allapattah has a high level of poverty within a three-mile radius of Goodwill's main
facility, and some 267,000 individuals live on $10,845 a year, which is 32% below the poverty level
and 96,002 households have an average income of $21,141; and
WHEREAS, Goodwill is requesting funds to purchase and fully equip a building located in the
Allapattah area adjacent to Goodwill's headquarters located at 2121 Northwest 21 st Street, Miami,
Florida; and
WHEREAS, the building will be utilized to operate two Goodwill stores, with one store selling
general merchandise (clothing, household, shoes, house wares, books, furniture and other items) and
the other store designing, manufacturing and selling flags and banners on a national scale; and
WHEREAS, it will create 200 new jobs in two years and a total of 400 jobs in three years for City
of Miami ("City") residents; and
WHEREAS, it will generate revenues to support the cost of operating a program at the Goodwill
City of Miami
Page 1 of 2 File Id: 04-01266 (Version: 3) Printed On: 10/17/2016
File Number: 04-01266 Enactment Number: R-04-0758
building adjacent to the main facility and in ten years, it will serve a total of 2,168 different individuals
to be employed from the combination of full time hires by Goodwill and also placements into
competitive community employment, of which 75% of the 2,168 served will be City residents; and
WHEREAS, it will generate a large volume of sales activity bringing in new business helping
further economic development in Allapattah; and
WHEREAS, the $2,000,000, will be a loan to Goodwill with an interest rate of 0% payable in 20
years; and
WHEREAS, Goodwill will begin making payments six months from the date of the execution of
the loan agreement;
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 transfer of CDBG Program funds, in the amount of $2,000,000 from closed out
activities and the allocation of said funds to Goodwill for the acquisition of Graybar, a building located
adjacent to Goodwill's headquarters, to create job employment opportunities for City residents and
increase economic growth in the Allapattah area, is authorized.
Section 3. The allocation of 2005 CDBG funds, in the amount of $1,015,000, is guaranteed to be
allocated to District 5 Capital Improvement Projects, unless funds become available prior to the 2005
CDBG allocation (due to closing of contracts), then said funds are to be awarded to District 5.
Section 4. The City Manager is authorized{1} to execute a Loan Agreement for said purpose.
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 (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 2 of 2 File Id: 04-01266 (Version: 3) Printed On: 10/17/2016