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Text File Report
City Hall
3500 Pan American Drive
Miami, Fl, 33133
www.miumigov.com
File ID: 04-01281
Enactment #: R-04-0734
Version: 2
Type: Resolution Status: Passed
Enactment Date: 11/18/04
Introduced: 1 l/8/04 Controlling Body: Office oldie City
Clerk
A RESOLUTION OF THE MIAMI CITY COMMISSION ESTABLISHING A NEW SPECIAL
REVENUE FUND ENTITLED: "DR. MARTIN LUTHER KING JR. RECLAIM THE DREAM
INITIATIVEā ("FUND"); ALLOCATING FUNDS, IN THE AMOUNT NOT TO EXCEED $50,000,
FROM THE SPECIAL REVENUE FUND ENTITLED "POVERTY INITIATIVE;" DIRECTING THE
CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS TO ESTABLISH SAID FUND
FOR THE REVENUE AND EXPENDITURE INDEX AS A COST CENTER ENTITLED: "DR.
MARTIN LUTHER KING JR. COMMERCIAL FACADE PROJECT" COMMENCING IN FISCAL
YEAR 2004-2005, FOR SAID PROJECT.
WHEREAS, the Dr. Martin Luther King Jr. Reclaim The Dream Initiative entails economic revitalization efforts along Martin
Luther King, Jr. ("MLK") Boulevard which include, but are not limited to, commercial facade improvements, historic
designations and streetscape improvements which are aimed at improving the quality of life for area businesses and
residents; and
WHEREAS, pursuant to Resolution No.04-0378, adopted June 10, 2004, the City Commission authorized the City of Miami
("City') to undertake the MLK Boulevard Commercial Facade Improvement Program ("MLK Facade Program") in partnership
with Miami -Dade County ("County"); and
WHEREAS, both the City and the County have each approved funding in the amount of $250,000 for commercial facade
improvements to businesses on MLK Boulevard; and
WHEREAS, the MLK Facade Program requires a property owner's contribution of up to ten percent (10%) for participation in
the program; and
WHEREAS, because of the financial challenges for businesses in the area to be covered by the MLK Facade Program, the
Mayor has agreed to provide the property owner's contribution as part of the Mayor's Poverty Initiative Campaign; and
WHEREAS, the objective of economic revitalization through an improvement in the quality of life for businesses and
residents in the area to be covered by the MLK Facade Program is consistent with the Mayor's Poverty Initiative Campaign;
and
WHEREAS, the use of the City's Community Development Block Grant ("CDI3G") Program funds as previously provided in
Resolution No. 04-0378, adopted June 10, 2004, will provide the necessary account structure for the City's CDBG
contribution; and
City of Miami . Page t Printed on 3/29/2007
center.
Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2}
City of Miami Page 2 Printed on 3/29/2007