HomeMy WebLinkAboutLegislationCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-00560
Final Action Date:
A RESOLUTION OF THE MiAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK
GRANT PROGRAM FUNDS, IN AN AMOUNT NOT TO EXCEED $250,000,
PREVIOUSLY ALLOCATED TO THE CITY OF MIAMI DEPARTMENT OF
ECONOMIC DEVELOPMENT; ALLOCATING SAID FUNDS, TO THE CITY OF
MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT DISTRICT 5 BUSINESS
CORRIDOR COMMERCIAL EXPANSION AND REHABILITATION PROJECT AS
DESCRIBED iN "EXHIBIT A," ATTACHED AND INCORPORATED, TO BE USED
FOR THE REHABILITATION OF THE EXTERIOR OF COMMERCIAL BUILDINGS
THAT WILL RESULT iN THE CREATION OF JOBS FOR LOW TO MODERATE
INCOME INDIVIDUALS; FURTHER AUTHORIZING THE CITY MANAGER TO
EXECUTE THE NECESSARY DOCUMENTS, FOR SAID PURPOSE.
WHEREAS, pursuant to Resolution No. 04-0378, adopted June 10, 2004, the City Commission
allocated a total of $250,000 of 30th Year Community Development Block Grant ("CDBG") Program
funds to the City of Miami Department of Economic Development for economic development and/or
public facilities and improvement activities; and
WHEREAS, pursuant to Resolution No. 04-0734, adopted November 18, 2004, the City
Commission established a new special revenue fund entitled: "Dr. Martin Luther King Jr. Reclaim the
Dream Initiative Fund" for economic efforts along Martin Luther King Jr. Blvd.; and
WHEREAS, pursuant to Resolution No. 05-0682, adopted November 17, 2005, the City
Commission authorized the extension and rollover of funds of previously approved activities/projects
that were not completed; and
WHEREAS, the administration recommends the transfer of CDBG Program funds, in an amount
not to exceed $250,000, previously allocated to the Department of Economic Development and the
reallocation of said funds to the City of Miami Department of Community Development District 5
Business Corridor Commercial Expansion and Rehabilitation Project, to be used for the rehabilitation
of the exterior of commercial buildings that will result in the creation of jobs for low to moderate income
individuals;
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 an amount not to exceed $250,000, previously
allocated to Department of Economic Development and the allocation of said funds to the City of
Miami Department of Community Development District 5 Business Corridor Commercial Expansion
City of Miami
Page I of 2 Printed On: 5/1/207
File Number. 07-00560
and Rehabilitation Project, to be used for the rehabilitation of the exterior of commercial buildings that
will result in the creation of jobs for low to moderate income individuals, is authorized.
Section 3. The City Manager is authorized(1) to execute the necessary documents, for said
purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor{2}.
APPROVED AS TO FORM AND CORRECTNESS:
7JRGE L. FERNAND i.“1,Li
ITY ATTORNEY
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 (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: 5/1/2007