HomeMy WebLinkAboutCRA-R-10-0022City of Miami
Legislation
CRA Resolution: CRA-R-10-0022
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 10-00531 Final Action Date: 4/26/2010
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
AUTHORIZING ADDITIONAL FUNDING, IN AN AMOUNT NOT TO EXCEED
$50,000, FOR THE SMALL BUSINESS ECONOMIC STIMULUS AND JOB
CREATION GRANT PROGRAM; PROVIDING THAT NO SINGLE GRANT SHALL
EXCEED $5,000; AUTHORIZING THE EXECUTIVE DIRECTOR TO ISSUE SUCH
GRANTS AND EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE,
IN A FORM ACCEPTABLE TO GENERAL COUNSEL; ALLOCATING FUNDS FROM
SEOPW TAX INCREMENT FUND, 'OTHER GRANTS AND AIDS," ACCOUNT CODE
NO. 10050.920101.883000.0000.00000.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is
responsible for carrying out community redevelopment activities and projects within its
Redevelopment Area in accordance with the Redevelopment Plan; and
WHEREAS, Section 2, Goal 4/Principle 6, at pages 11 and 15, lists "[c]reating jobs within the
community;" and "the support and enhancement of existing businesses and local entrepreneurs .. .
that provide needed services and economic opportunities;" as stated redevelopment goals; and
WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-09-0004, passed and
adopted on January 26, 2009, authorized the creation of a Small Business Economic Stimulus and
Job Creation Grant Program to provide grants to small businesses within the Redevelopment Area for
equipment, fixtures, interior renovations, insurance, security systems, marketing and advertising, and
utilities.
WHEREAS, the CRA has determined a need for additional funding to extend the Grant Program
that will allow small businesses to better weather the current economic slowdown; and
WHEREAS, the Board of Commissioners wishes to authorize additional funding, in an amount not
to exceed $50,000, for the Small Business Economic Stimulus and Job Creation Grant Program.
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. Additional funding, in an amount not to exceed $50,000, for the Small Business
Economic Stimulus and Job Creation Grant Program is authorized; provided that no single grant shall
exceed $5,000.
City of Miami Page 1 of 2 File Id: 10-00531 (Version: 1) Printed On: 12/20/2022
File Number: 10-00531 Enactment Number: CRA-R-10-0022
Section 3. The Executive Director is authorized to issue said grants and execute all documents
necessary for said purpose, in a form acceptable to General Counsel.
Section 4. Funds to be allocated from SEOPW Tax Increment Fund, "Other Grants and Aids,"
Account Code No. 10050.920101.883000.0000.00000.
Section 6. This resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 10-00531 (Version: 1) Printed On: 12/20/2022