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HomeMy WebLinkAboutresolutionCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 04-01336 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FUNDS, IN THE TOTAL AMOUNT OF $3,000,000, FROM THE AGENCIES AND IN THE AMOUNTS STATED ON THE LIST, ATTACHED AND INCORPORATED; ALLOCATING SAID FUNDS TO THE CITY OF MIAMI DEPARTMENT OF OFF-STREET PARKING FOR THE DEVELOPMENT OF A PUBLIC PARKING FACILITY LOCATED AT 2121 NORTHWEST 21ST STREET, MIAMI, FLORIDA, OWNED BY GOODWILL INDUSTRIES OF SOUTH FLORIDA, INC.; AUTHORIZING THE CITY MANAGER TO EXECUTE A LOAN AGREEMENT FOR SAID PURPOSE. WHEREAS, this administration is requesting that funds in the amount of $3,000,000 be transferred from Community Development Block Grant ("CDBG") Program funds; and WHEREAS, there is a strong need to address the public parking problem in the Allapattah area; and WHEREAS, Goodwill Industries will open two stores which will create 400 jobs for City of Miami ("City") residents; and WHEREAS, without the development of a parking facility, Goodwill cannot consolidate operations due to limited parking; and WHEREAS, the parking facility will have approximately 300 parking spaces that will serve staff, employees and visitors of Goodwill Industries and the nearby merchant community; and WHEREAS, the $3,000,000, will be a loan to the City's Department of Off -Street Parking ("DOSP") with an interest rate of 0% payable in 20 years commencing six months after the execution of the contract; 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 total amount of $3,000,000, from the agencies and in the amounts stated on list, attached and incorporated, and the allocation of said funds to DOSP for the development of a public parking facility located at 2121 Northwest 21 st Street, Miami, Florida, owned by Goodwill Industries of South Florida, Inc., is authorized. Section 3. The City Manager is authorized{1} to execute a Loan Agreement for said purpose. City of Miami Page 1 of 2 Printed On: 1.1/24/2004 File Number; 04-01336 Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} APPROVEAS TO FORM AND CORRECTNESS JORG• ERNANDEZ KRI1 CIT` - •RNEY 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 Printed On: 11/24/2004