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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-00977 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE TRANSFER OF 33RD YEAR COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, IN THE AMOUNT OF $15,000, FROM THE CITY OF MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT COMMERCIAL FACADE PROGRAM ACCOUNT, FOR A TOTAL AMOUNT OF $115,000, IN SOFT COSTS; ALLOCATING SAID FUNDS TO RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORP., TO CONTINUE TO PROVIDE ECONOMIC DEVELOPMENT ACTIVITIES, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE EXISTING AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH SAID AGENCY, FOR SAID PURPOSE. WHEREAS, Rafael Hernandez Housing and Economic Development Corporation ("RHHED") is a not -for -profit corporation, located at 2400 North Miami Avenue, Miami, Florida, that provides economic development activities in the City of Miami ("City"); and WHEREAS, RHHED was allocated funds to oversee the City Facade Program; and WHEREAS, pursuant to Resolution No. 07-0315, adopted June 12, 2007, the City Commission approved the allocation of 33rd year Community Development Block Grant ("CDBG") funding, in the amount of $50,000, to RHHED to provide economic development activities under the Commercial Facade Program in District 5; and WHEREAS, pursuant to Resolution No. 07-0488, adopted September 11, 2007, the City Commission approved the allocation of District 2 Economic Development Reserve Fiscal Year 2006-2007 funds, in the amount of $50,000, to RHHED to provide economic development activities under the Commercial Facade Program in District 2; and WHEREAS, RHHED is in good standing and has been very successful in providing assistance to for profit businesses participating in the facade program; and WHEREAS, RHHED requested additional funding to continue to provide economic development activities as specified in Exhibit "A;" and WHEREAS, the Administration recommends the transfer of 33rd year CDBG funding, in the amount $15,000, from the City Department of Community Development Commercial Facade Program Account, for a total amount of $115,000, in soft costs, to RHHED to continue to provide economic development activities, as specified in Exhibit "A;" NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: City of Miami Page 1 of 2 Printed On: 8/22/2008 File Number. 08-00977 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 33rd year CDBG funding, in the amount $15,000, from the City Department of Community Development Commercial Facade Program Account, for a total amount of $115,000, in soft costs, to RHHED to continue to provide economic development activities, as specified in Exhibit "A," attached and incorporated, is authorized. Section 3. The City Manager is authorized{1} to execute an Amendment to the existing Agreement, in substantially the attached form, with said agency, 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: JULIE O. BRU CITY 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 tot hose 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 (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: 8/22/2008