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Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00467 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS IN THE
AMOUNT OF $80,000- , FROM THE DISTRICT 2 ECONOMIC DEVELOPMENT
RESERVE ACCOUNT TO DYNAMIC COMMUNITY DEVELOPMENT
CORPORATION FOR TECHNICAL ASSISTANCE TO MICRO -ENTERPRISE
BUSINESSES; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL
NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
FOR SAID PURPOSE.
WHEREAS, pursuant to Resolution No. 12-0060, adopted February 23, 2012, the Miami City
Commission approved the allocation of Program Year 2012-2013 Community Development Block
Grant ("CDBG") funds in the amount of $1,160,716, to the City of Miami ("City") Economic
Development Reserve Account for economic development activities; and
WHEREAS, Dynamic Community Development Corporation ("Dynamic CDC"), is a Florida
Non -Profit corporation operating as a community -based Small Business Development Center that
provides business and technical assistance for the local business community, facade improvement
programs and a Small Business Micro -loan Program; and
WHEREAS, Dynamic CDC will provide Technical Assistance to Micro -Enterprise businesses in
District 2, including, but not limited to, assistance with day-to-day business operations and assisting
business owners with acquiring funding from new sources; and
WHEREAS, the City Administration recommends the allocation of CDBG funds in the amount of
$80,000 from the District 2 Economic Development Reserve Account to Dynamic CDC for technical
assistance to Micro -Enterprise businesses;
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 fully set forth in this Section.
Section 2. The allocation of CDBG funds in the amount of $80,000 from the District 2
Economic Development Reserve Account to Dynamic CDC for technical assistance to
Micro -Enterprise businesses is authorized.
Section 3. The City Manager is authorized {1} to execute all necessary documents, in a form
acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor.{2}
City of Miami Page 1 of 2 File Id: 12-00467 (Version: 1) Printed On: 5/1/2012 •
File Number: 12-00467
APPROVED AS TO FORM AND CORRECTNESe/
JULIE O. BRU
CITY ATTORNEY
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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 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: 12-00467 (Version: 1) Printed On: 5/1/2012