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HomeMy WebLinkAboutR-07-0025City of Miami Legislation Resolution: R-07-0025 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 06-02268 Final Action Date: 1/11/2007 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXERCISE THE CITY'S OPTION TO EXTEND THE PROFESSIONAL SERVICES AGREEMENT WITH PARTNERS FOR SELF-EMPLOYMENT, INC. (THE "AGREEMENT"), FOR AN ADDITIONAL TWO (2) YEAR PERIOD AND FOR AN ADDITIONAL AMOUNT NOT TO EXCEED $200,000, TO PROVIDE ADMINISTRATIVE SERVICES FOR AN INDIVIDUAL DEVELOPMENT ACCOUNT PROGRAM ASSOCIATED WITH THE CITYWIDE POVERTY INITIATIVE; AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT NO. 1 TO THE AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, AND ALL OTHER NECESSARY DOCUMENTS FOR SAID PURPOSE; AND APPROVING THE TRANSFER OF CONTRACT ADMINISTRATION AND REMAINING FUNDS FROM THE DEPARTMENT OF COMMUNITY DEVELOPMENT TO THE DEPARTMENT OF ECONOMIC DEVELOPMENT; APPROPRIATING FUNDS, IN AN AMOUNT NOT TO EXCEED $200,000, FROM THE MAYOR'S POVERTY INITIATIVE FUND FOR SAID PURPOSE. WHEREAS, one of the four cornerstones of the Mayor's Poverty Initiative is the goal to help City of Miami ("City") residents to save and accumulate assets, thus allowing them the opportunity to reach self sufficiency; and WHEREAS, the City wishes to leverage funds to assist its residents in accumulating and increasing assets to achieve business ownership, homeownership and increased education; and WHEREAS, Resolution No. 04-0687, adopted October 14, 2004, authorized 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 Partners for Self -Employment, Inc.; and WHEREAS, the allocation from the Mayor's Poverty Initiative fund was to be equally matched by both participant and federal funds, and placed in a matched savings account; and WHEREAS, pursuant to Resolution No. 05-0341, adopted May 26, 2005, the City Commission authorized the City Manager to execute a Professional Services Agreement ("Agreement") with Micro -Business USA for such purpose; and WHEREAS, pursuant to Resolution No. 05-0476, adopted July 28, 2005, Resolution Nos. 04- 0687 and 05-0341, were amended to reflect the correct legal name of Micro -Business USA as "Partners for Self -Employment, Inc."; and WHEREAS, Partners for Self -Employment, Inc. has successfully aided the City in leveraging federal funds to assist City residents in accumulating and increasing assets to achieve business ownership, homeownership and increased education, resulting in a total of 94 clients served (67 City of Miami Page 1 of 3 File Id: 06-02268 (Version: 1) Printed On: 3/10/2017 File Number: 06-02268 Enactment Number: R-07-0025 active clients and 21 clients that have completed the program and purchased homes), and leveraged City funds 2:1, with the average household income served thus far being $18,242; and WHEREAS, the City has the option to extend the term of the Professional Services Agreement for an additional two-year period, to continue to provide administrative services for the Individual Development Account program; and WHEREAS, the Mayor's Poverty Initiative, now known as ACCESS Miami, was previously housed under the Department of Community Development, and is now under the Department of Economic Development; and WHEREAS, the City Manager recommends the transfer of contract administration and remaining funds (for the contract period from January 1, 2005-December 31, 2006) from the Department of Community Development to the Department of Economic Development; 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 City Manager is authorized{1} to exercise the City's option to extend the Agreement with Partners for Self -Employment, Inc., for an additional two (2) year period and for an additional amount not to exceed $200,000, to provide administrative services for an Individual Development Account program associated with the Citywide Poverty Initiative, with funds in an amount not to exceed $200,000 appropriated from the Mayor's Poverty Initiative fund for said purpose. Section 3. The City Manager is authorized{1} to execute Amendment No. 1 to the Agreement, in substantially the attached form, and all other necessary documents for said purpose. Section 4. The transfer of contract administration and remaining funds (for the contract period from January 1, 2005-December 31, 2006) from the Department of Community Development to the Department of Economic Development is authorized. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Footnotes: City of Miami Page 2 of 3 File Id: 06-02268 (Version: 1) Printed On: 3/10/2017 File Number: 06-02268 Enactment Number: R-07-0025 {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 3 of 3 File Id: 06-02268 (Version: 1) Printed On: 3/10/2017