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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: 05-00457 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE A PROFESSIONAL SERVICES AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH MICRO -BUSINESS USA, PURSUANT TO RESOLUTION NO. 04-0687, ADOPTED OCTOBER 14, 2004, TO PROVIDE ADMINISTRATIVE SERVICES FOR AN INDIVIDUAL DEVELOPMENT ACCOUNT PROGRAM IMPLEMENTED BY THE DEPARTMENT OF COMMUNITY DEVELOPMENT, FOR A TWO-YEAR PERIOD. WHEREAS, one of four cornerstones of the Mayor's Poverty Initiative is the goal to help the City of Miami ("City") residents to save and accumulate assets thus allowing them the opportunity to reach self sufficiency; and WHEREAS, the City wants to leverage federal funds to assist its residents in accumulating and increasing assets to achieve business ownership, homeownership and increased education; and WHEREAS, pursuant to Resolution No. 04-0687, adopted October 14, 2004, the transfer of funds, from the Mayor's Poverty Initiative fund, in the amount of $400,000, and the allocation of said funds to the Department of Community Development to implement an Individual Development Account program to be administered by Micro -Business USA, which is to be equally matched by both participant and federal funds and placed in a match savings account, was authorized; and WHEREAS, a Professional Services Agreement ("Agreement") has been successfully negotiated with Micro -Business USA; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF IIMIAMI, 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 City Manager is authorized{1} to execute an Agreement, in substantially the attached form, with Micro -Business USA, pursuant to Resolution No. 04-0687, adopted October 14, 2004, to provide administrative services for an Individual Development Account program implemented by the Department of Community Development, for a two-year period. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2) Clay of Miami Page 1 of 2 Printed On: 5/11/2005 File Number: 05-00457 NNE APPROVED AS TO FORM AND CORRECTNESS:/ JORGE L NANDEZ ICRM- CITY A�OR EY Footnotes: r-- {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 Printed On: 5/1 MOOS