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HomeMy WebLinkAboutR-11-0355City of Miami Legislation Resolution: R-11-0355 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00758 Final Action Date: 9/15/2011 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT NUMBER 1, IN SUBSTANTIALLY THE ATTACHED FORM, TO THE AGREEMENT BETWEEN THE CITY OF MIAMI AND BASCOMB MEMORIAL BROADCASTING FOUNDATION/WDNA 88.9 FM, EXTENDING THE AGREEMENT END DATE FROM SEPTEMBER 30, 2011 TO MARCH 31, 2012, FOR SPECIAL ECONOMIC DEVELOPMENT ACTIVITIES, SPECIFICALLY THE REHABILITATION OF THE PROPERTY LOCATED AT 2921 CORAL WAY, MIAMI, FLORIDA. WHEREAS, pursuant to Resolution No. 10-0360, adopted September 16, 2010, the City Commission approved the allocation of $2,304,039 in Community Development Block Grant ("CDBG") funds for economic development activities which included the allocation of $45,500 to Bascomb Memorial Broadcasting Foundation/WDNA 88.9 ("Bascomb Memorial") for special economic development activities, specifically the rehabilitation of the property located at 2921 Coral Way, Miami, Florida ("Property"); and WHEREAS, due to delays in the start of the construction, the project will not be completed by the September 30, 2011 deadline; and WHEREAS, the City Administration recommends the execution of Amendment Number 1 to the Agreement between the City and Bascomb Memorial extending the Agreement end date from September 30, 2011 to March 31, 2012, for special economic development activities; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION 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 as if fully set forth in this Section. Section 2. The City Manager is authorized {1} to execute Amendment Number 1, in substantially the attached form, to the Agreement between the City and Bascomb Memorial, extending the Agreement end date from September 30, 2010 to March 31, 2012, for special economic development activities, specifically the rehabilitation of the Property. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} City of Miami Page 1 of 2 File Id: 11-00758 (Version: 1) Printed On: 10/18/2017 File Number: 11-00758 Enactment Number: R-11-0355 Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File Id: 11-00758 (Version: 1) Printed On: 10/18/2017