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HomeMy WebLinkAboutCRA-R-10-0032City of Miami Legislation CRA Resolution: CRA-R-10-0032 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 10-00530 Final Action Date: 4/26/2010 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING ADDITIONAL FUNDING, IN AN AMOUNT NOT TO EXCEED $50,000, FOR THE CRA'S 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 OMNI TAX INCREMENT FUND, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10040.920101.883000.0000.00000. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within the Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, Section 4.4,B., at page 41, of the 2009 Omni Area Redevelopment Plan, lists "[p]rovid[ing] employment opportunities and upward job mobility for residents," as stated redevelopment objectives; 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; and WHEREAS, the CRA has determined a need for additional funding and wishes 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 OMNI REDEVELOPMENT DISTRICT 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: 10-00530 (Version: 1) Printed On: 12/20/2022 File Number: 10-00530 Enactment Number: CRA-R-10-0032 Section 3. The Executive Director is authorized to issue grants and execute all documents necessary for said purpose, in a form acceptable to General Counsel. Section 4. Funds to be allocated from Omni Tax Increment Fund, "Other Grants and Aids," Account Code No. 10040.920101.883000.0000.00000. Section 5. This resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 10-00530 (Version: 1) Printed On: 12/20/2022