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HomeMy WebLinkAboutPre Ordinance No. 12374JUN-08-2005 12:29 n J-03-391 04/22/03 CITY OF MIAMI P.02 • • ORDINANCE NO. 12374 AN ORDINANCE OF THE MIAMI CITY COMMISSION ESTABLISHING A NEW SPECIAL REVENUE FUND ENTITLED "THE NEIGHBORHOOD INITIATIVE GRANT FOR MODEL CITY COMMUNITY REVITALIZATION DISTRICT TRUST" FOR CERTAIN SPECIAL PROJECTS AND APPROPRIATING FUNDS, IN THE AMOUNT OF $1.26 MILLION, FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT IN SUPPORT OF THE MODEL CITY HOMEOWNERSHIP PILOT PROJECT; AUTHORIZING THE CITY MANAGER TO ACCEPT THE GRANT AND TO EXECUTE ANY DOCUMENTS NECESSARY, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR ACCEPTANCE OF THE GRANT; AND CONTAINING A REPEALER PROVISION, A SEVERABILITY CLAUSE AND PROVIDING FOR AN EFFECTIVE DATE, WHEREAS, the United States Department of Housing and Urban Development has advised the Model City Community Revitalization District Trust ("Trust") that it has been awarded a special grant in support of the Model City Homeownership Project from the Fiscal Year 2003 Appropriations Act, the Neighborhood Initiative Grant for certain earmarked projects, in the amount of $1.26 million; and 12374 JUN-0S-2005 12:29 CITY OF MIAMI P.03 0 WHEREAS, Section 12.5-29 of the Code of the City of Miami, Florida, ae amended, provides authority for the Trust to "solicit and accept grants, contributions and financial and non -financial support from individuals, private business interests, the general public, governmental entities, corporations and organizations, foundations and other philanthropic entities;" and WHEREAS, the Board of Directors of the Trust accepted the funds; and WHEREAS, the Board of Directors has requested that the City Commission appropriate said funds for the purpose of land acquisition in the Model City Homeownership Zone Pilot Project area; NOW, THEREFORE, BE TT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Ordinance are adopted by reference and incorporated ae if fully vet forth in the Section. Section 2. A new Special Revenue Fund entitled "Neighborhood Initiative Grant for the Model City Community Page 2 of 4 1.2374 UN- S-2005 12:29 CITY OF MIRMI P.04 • Revitalization District Trust," for certain special projects is established, and resources are appropriated as described herein: FUND TITLE: Neighborhood Initiative Grant for the Model City Community Revitalization District Trust RESOURCES: U.S. Department of Housing and Urban Development $1.26 Million APPROPRIATIONS; $1.26 Million Section 3. The appropriations are contingent upon funding by the United States Department of Housing and Urban Development and the Model City Trust's acceptance thereof. Section 4. The City Manager is authorized-1/ to execute any documents necessary, in a form acceptable to the City Attorney, for acceptance of the grant. Section 5. All ordinances or parte of ordinance insofar as they are inconsistent or in conflict with the provisions of this Ordinance are repealed. Section 6. If any section, part of section, paragraph, clause, phrase or word of this Ordinance is declared invalid, the remaining provisions of this Ordinance shall not14)e affected. J The herein authorization is further subject to compliance with all requiremente that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. Page 3 of 4 1.23'74 JUN-00-2005 12:29 CITY OF MIAMI • Section 7. This Ordinance shall become effective thirty (30) days after final reading and adoption thereof./ PASSED ON FIRST READING BY TITLE ONLY this Sth day of May . 2003. PASSED AND ADOPTED ON SECOND AND FINAL READING BY TITLE ONLY this 1,2 day of dune ATTEST: PRISCILLA A. CITY CLERIC OMPSON , 2003. • APPROVED 0 FORM • CORRECTNESS :'`- RO VILARELLO C Y ATTORNEY W1442:tr:AS:BBS 31 This Ordinance shell become effective ae specified herein unlees vetoed by the Mayor within ten days from the date it was passed and adopted. If the Mayor vetoes this Ordinance, it shall become effective immediately upon override of the veto by the City CommisSion or upon the effective date stated herein, whichever is later. Page 4 of 4 P .O5 12374 TOTAL P.0