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HomeMy WebLinkAboutCRA-R-06-0022 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 06-00944 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY RATIFYING THE EXECUTIVE DIRECTOR'S ISSUANCE OF GRANTS UNDER THE OVERTOWN SMALL BUSINESS GRANT INITIATIVE TO: CHINA TEE RESTAURANT, INC., 1300 NORTHWEST 3RD AVENUE, IN THE AMOUNT OF $21,937; BO'S MARKET, INC., 1034 NORTHWEST 2ND AVENUE, IN THE AMOUNT OF $25,000; MS. CREOLA WILLIAMS D/B/A JUST RIGHT BEAUTY SALON, 1131 NORTHWEST 3RD AVENUE, IN THE AMOUNT OF $3,960.95; AND MS. CORINE BRADLEY D/B/A BRADLEY'S GROCERY, 1141 NORTHWEST 2ND AVENUE, IN THE AMOUNT OF $11,838.53; FUNDS, IN AN AGGREGATE AMOUNT NOT TO EXCEED $62,736.48, 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 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. Cih' ofitilirrmi Page / ail l Printed On 6113/2006 File Number: 06-00944 Section 2. The Executive Director's issuance of grants under the Overtown Small Business Grant Initiative to: China Tee Restaurant, Inc,, 1300 Northwest 3rd Avenue, in the amount of $21,937; Ibo's Market, Inc., 1034 Northwest 2nd Avenue, in the amount of $25,000; Ms. Creola Williams dlb/a Just Right Beauty Salon, 1131 Northwest 3rd Avenue, in the amount of $3,960.95; and Ms. Corine Bradley dlbla Bradley's Grocery, 1141 Northwest 2nd Avenue, in the amount of $11,838.53, is ratified. Section 3. Funds in an aggregate amount not to exceed $62,736.48 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. APPRO ED AS TO FORM AND CORRECTNESS: AL. JORGE L. FEANDEZ GENE CO NSEL City of Miami Page 2 of 2 Primed On: 6/13/2006