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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:
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{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.
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