HomeMy WebLinkAboutCRA-R-06-0015 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fl.us
File Number: 06-00578
Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA")
RATIFYING THE EXECUTIVE DIRECTOR'S ISSUANCE OF GRANTS UNDER
THE OVERTOWN SMALL BUSINESS GRANT INITIATIVE TO: L J GROCERY
CORPORATION, IN THE AMOUNT OF $25,000; TWO GUYS RESTAURANT, INC.,
IN THE AMOUNT OF $15,000; GERALD'S GRAPHICS & PRINTING, INC., IN THE
AMOUNT OF $24,950; DERRICK COLEMAN D/B/A SHOEMAN'S SHOESTORE, IN
THE AMOUNT OF $24,220.79; AND HERMAN PAYNE D/BIA CARING TOUCH
BARBER SHOP, IN THE AMOUNT OF $8,674.92; FUNDS, IN AN AGGREGATE
AMOUNT NOT TO EXCEED $97,845.71, TO BE ALLOCATED FROM SEOPW TAX
INCREMENT FUND, "OTHER GRANTS AND AiDS," ACCOUNT CODE NO.
689001.550108.6.940.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA")
is responsible for carrying out community redevelopment activities and projects in accordance with its
approved Redevelopment Plan; and
WHEREAS, maintaining existing businesses and providing employment opportunities is a stated
objective of the Redevelopment Plan (See SEOPW Redevelopment Plan, at page 13); and
WHEREAS, the Board of Commissioners by Resolution No. CRA-R-05-0049, adopted
November 3, 2005, established the Overtown Small Business Grant initiative, to provide grants for
capital improvements, equipment purchases, and/or strengthening of the asset or inventory base of
long-time small businesses that employ Overtown residents and are located in the general vicinity of
the CRA's 3rd Avenue Business Corridor; and
WHEREAS, the Board of Commissioners directed that the Overtown Small Business Grant
Initiative be administered by the Executive Director and any grant exceeding $4,500.00 be presented
to the Board of Directors for ratification; and
WHEREAS, the Board of Commissioners wishes to ratify the Executive Director's issuance of the
following grants:
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 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 herein as if fully set forth in this Section.
Section 2. The Executive Director's issuance of grants under the Overtown Small Business Grant
Initiative to: L J Grocery Corporation, in the amount of $25,000; Two Guys Restaurant, Inc., in the
City of Miami
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File Number. 06-00578
amount of $15,000; Gerald's Graphics & Printing, Inc., in the amount of $24,950; Derrick Coleman
d/b/a Shoeman's Shoestore, in the amount of $24,220.79; and Herman Payne d/b/a Caring Touch
Barber Shop, in the amount of $8,674.92; is ratified.
Section 3. Funds in an aggregate amount not to exceed $97,845.71 are to be allocated from
SEOPW Tax Increment Fund, "Other Grants and Aids," Account Code No. 689001.550108.6 .940.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
JOF�C `C. DEZ
GENERAL COUNSEL
BJ
City of Miami
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