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HomeMy WebLinkAboutCRA-R-16-0036 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16-00525 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, AUTHORIZING A GRANT, IN AN AMOUNT NOT TO EXCEED $150,000, TO NEIGHBORS AND NEIGHBORS ASSOCIATION, INC., TO UNDERWRITE COSTS ASSOCIATED WITH THE CONTINUED OPERATION OF THE BUSINESS INCUBATOR AND DEVELOPMENT PROGRAM ("PROGRAM"); FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE ALL DOCUMENTS NECESSARY FOR SAID PURPOSE; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS, AT HIS DISCRETION, ON A REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; ALLOCATING FUNDS FROM SEOPW, "OTHER GRANTS AND AIDS," ACCOUNT CODE NO. 10050.920101.883000.0000.00000. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, Section 2, Goals 4 and 6, at page 11, of the Plan lists the "creati[on of] jobs within the community," and "improving the quality of life for residents" as stated redevelopment goals; and WHEREAS, Section 2, Principle 6, at page 15, of the Plan lists the promotion of "local cultural events, institutions, and businesses," as a stated redevelopment principle; and WHEREAS, Section 2, Principle 6, at page 15, of the Plan provides that in order to "address and improve the neighborhood economy and expand economic opportunities of present and future residents and businesses[,] ... [it is necessary to] support and enhance existing businesses and ... attract new businesses that provide needed services and economic opportunities ...;" and WHEREAS, Neighbors and Neighbors Association, Inc. ("NANA") is a non-profit corporation established in 1995 to assist small businesses throughout Miami -Dade County, and has been retained by Miami -Dade County to provide technical assistance for its Mom and Pop Small Business Grant Program and its Micro Loan Program; and WHEREAS, in recognition of NANA's success with small businesses and job creation, the CRA has authorized grants to NANA in the past to ensure that specialized technical assistance tailored to the needs of the Redevelopment Area are available to compliment and further the CRA's economic development efforts; and WHEREAS, NANA's program has served a number of local businesses by enabling access to, among other things, technical assistance, workshops and training, office services, assistance with City of Miami Page 1 of 2 File Id: 16-00525 (Version: 1) Printed On: 7/22/2016 File Number., 16-00525 identifying capital funding sources, and a business mentoring partnership ("Program"); and WHEREAS, NANAnow seeks assistance from the CRA to continue the administration of the Program; and WHEREAS, the Board of Commissioners wishes to authorize a grant, in an amount not to exceed $150,000, to NANA to underwrite costs associated with the continued operation of the Business Incubator and Development Program; and WHEREAS, the Board ofCommissioners finds that such agrant toNANAwould further the above mentioned redevelopment goals and objectives; NOW, THEREFORE, BE[TRESOLVED BYTHE BOARD OFCOMMISSIONERS OFTHE SOUTHEAGTDVEWEST COMMUNITY REDEVELOPMENT AGENCY OFTHE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained inthe Preamble hothis Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The Board ofCommissioners hereby authorizes mgrant inonamount not hn exceed $150,000, to Neighbors and Neighbors Association, Inc. to underwrite costs associated with the continued operation of the Business Incubator and Development Program. Section3. The Executive Director ioauthorized hoexecute all documents necessary for said purpose. Section 4. The Executive Director is authorized to disburse funds, at his discretion, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory documentation. Section5. Funds tobeallocated from SEOPVVTax Increment Fund, entitled "Other Grants and Aids," Account Code No. 10050.920101.883000.0000.00000. SeotionO. This Resolution shall become effective immediately upon its adoption. APPROVED AS TOFORM AND LEGAL SUFFICIENCY: /\ /