Loading...
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