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AGENDA ITEM SUMMARY FORM
FILE ID: CI�t1 cS
PH.4
Date: 10/09/08 Requesting Department: Community Development
Commission Meeting Date: 11/13/08 District Impacted: 5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Extend the Agreement end term date with Tarpun Bay USA, Inc. under the District 5 Little
Haiti Job Creation Pilot Program
Purpose of Item:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING
THE CITY MANAGER TO EXTEND THE AGREEMENT END TERM DATE, BETWEEN THE CITY
OF MIAMI AND TARPUN BAY USA, INC., AS SPECIFIED IN EXHIBIT "A," ATTACHED AND
INCORPORATED; FROM SEPTEMBER 30, 2008 TO SEPTEMBER 30, 2009, FOR THE
COMMERCIAL REHABILITATION AND CREATION OF SIX (6) JOBS FOR RESIDENTS OF LITTLE
HAITI/ DISTRICT 5 AREA; AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT,
IN SUBSTANTIALLY THE ATTACHED FORM(S), TO THE EXISTING AGREEMENT WITH SAID
AGENCY FOR SAID PURPOSE.
Background Information:
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Dept. Dir-c
Chief W�j( City Manager
Final Approvals
(SIGN AND DATE)
Page 1 of 1
AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution No. 05-0291, adopted on May 12, 2005, the City Commission approved the
allocation in the amount of $90,000.00 to Tarpun Bay USA, Inc. ("Tarpun Bay") for commercial
rehabilitation and the creation of six (6) new jobs for residents of Little Haiti/District 5 area.
Pursuant to Resolution No. 05-0682, adopted November 17, 2005, the City Commission approved
the rollover of funds for previously approved activities/projects to the current Fiscal Year to ensure
the availability of funds to complete previously approved activities/projects.
Pursuant to Resolution No-06-0650, adopted on November 9, 2006 and R-06-0713, adopted on
December 13, 2006, the City of Miami Commission approved to continue the funding of Tarpun Bay
to complete the rehabilitation of a commercial property and create six (6) jobs and to extend the
Agreement end term date to September 30, 2007.
Pursuant to Resolution No. 07-0695, adopted December 13, 2007, the City Commission approved
the rollover of funds for previously approved activities/projects to the current Fiscal Year and the
extension of the agreement end term date to September 30, 2008.
Mr. Philip Ingraham ("Mr. Ingraham"), President of Tarpun Bay, met with the City of Miami,
Department of Community Development on July 28, 2008 and stated that due to a shortfall in
funding, the rehabilitation of the commercial property would not be completed by the agreement end
date.
In a letter dated August 29, 2008, Mr. Ingraham indicates that he has secured the additional
financing needed to complete the project and also requested that the agreement term be extended to
allow him to complete the rehabilitation of the building and create the required six (6) jobs.
The Department of Community Development has verified this additional funding and is satisfied that
Mr. Ingraham has all the funds needed to complete the project.
Therefore, the Administration recommends to extend the Agreement end term date from September
30, 2008 to September 30, 2009, to allow Tarpun Bay to complete the commercial rehabilitation and
the creation of six (6) new jobs for residents of Little Haiti/District 5 area.