HomeMy WebLinkAboutSummary FormDate: 03/21/2012
AGENDA ITEM SUMMARY FORM
FILE ID: !a - Oo 35Z.
Law Department
Matter ID No.
12-706
Requesting Department: Community Development
Commission Meeting Date: 04/26/2012 District Impacted: 3
Type: ® Resolution ❑ Ordinance D Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: EXTENSION OF AGREEMENT END TERM DATE BETWEEN THE CITY OF
MIAMI AND CAMARA DE COMERCIO LATINA DE LOS ESTADOS UNIDOS, INC.
("CAMACOL")
Purpose of Item:
AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT NO. 4 TO THE AGREEMENT
BETWEEN THE CITY OF MIAMI ("CITY") AND CAMARA DE COMERCIO LATINA DE LOS
ESTADOS UNIDOS, INC. ("CAMACOL"), EXTENDING THE AGREEMENT END DATE FROM
MARCH 30, 2012 TO SEPTEMBER 30, 2012, FOR ECONOMIC DEVELOPMENT ACTIVITIES
ASSOCIATED WITH COMMERCIAL FAQADE PROJECTS IN DISTRICT 3; FURTHER
AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT NO. 4, IN SUBSTANTIALLY
THE ATTACHED FORM(S), WITH SAID ENTITY, FOR SAID PURPOSE(S).
Background Information:
Please see attached
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
lfusing or receiving capital funds
Grants
Final Approvals
(SIGN AND DATE)
Budget
Risk Managemen
Purchasing Dept. Director
Chief City Manager
N1R
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AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution No. 09-0295, adopted June 18, 2009, the Miami City Commission authorized
the allocation of $250,000 in CDBG funds to CAMACOL for soft costs associated with the
commercial facade program.
The same resolution authorized the allocation of $750,000 from District 3 and $500,000 from District
4 in CDBG funds to CAMACOL for hard costs associated with the commercial facade program in
said districts.
Pursuant. to. Resolution .No. 09-0541, adopted November 19, 2009, the.Miami City Commission
authorized the allocation of additional $16,000 of CDBG close-out funds to CAMACOL for soft costs
for the Commercial Code Compliance Program.
Pursuant to Resolution Nos. 10-0509 and 11-0286, adopted November 18, 2010 and July 14, 2011,
respectively, the Miami City Commission authorized the extension of the contract from December 31,
2010 to March 30, 2012 for economic development activities associated with commercial facade
projects in District 3.
There remains a balance of $38,289.54 in soft costs and $184,756.01 in hard costs for the District 3
facade program.
CAMACOL has requested an extension due to delays in commencing and completion of the projects
in District 3.
CAMACOL currently has 19 facades projects in process and approximately 70 on the on the waiting
list.
The extension will allowall projects to be completed and .for .the businesses waiting for the facade
improvements to be served.
The Administration recommends execution of Amendment No. 4 to the Agreement between the City
and CAMACOL extending the Agreement end date from March 30, 2012 to September 30, 2012, for
economic development activities associated with commercial facade projects in District 3.