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HomeMy WebLinkAboutR-12-0203City of Miami Legislation Resolution: R-12-0203 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-00545 Final Action Date: 5/24/2012 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ALLOCATION OF ADDITIONAL COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO THE ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY, INC., IN THE AMOUNT OF $15,000 IN SOFT COSTS AND $75,000 IN HARD COSTS TO COMMUNITY DEVELOPMENT FAQADE CONSTRUCTION RESERVE FROM THE DISTRICT 1 ECONOMIC DEVELOPMENT RESERVE ACCOUNT, FOR ECONOMIC DEVELOPMENT ACTIVITIES ASSOCIATED WITH TECHNICAL ASSISTANCE TO COMMERCIAL FAQADE AND COMMERCIAL REHABILITATION PROJECTS IN DISTRICT 1; 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 City Commission authorized the allocation of Program Year 2012-2013 Community Development Block Grant ("CDBG") funds, in the amount of $2,007,716 in the economic development category, for economic development activities; and WHEREAS, the Allapattah Business Development Authority, Inc. ("ABDA") provides assistance to businesses in low and moderate income communities for technical assistance to facade improvements; and WHEREAS, on February 23, 2012, ABDA was allocated funds in the amount of $70,000 for soft costs related to the facade program; and WHEREAS, District One has identified other areas for facade and commercial rehabilitation and has requested that ABDA extends its services to those areas; and WHEREAS, the City Administration recommends the allocation of CDBG funds, in the amount of $15,000 for soft costs and $75,000 for construction hard costs, from the District 1 Economic Development Reserve Account, to ABDA and the Community Development Department for hard costs, for technical assistance to commercial facade projects in District 1; 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 allocation of additional CDBG funds to ABDA, in the amount of $15,000 in soft costs and $75,000 in hard costs to the Community Development Facade Construction reserve from the District 1 Economic Development Reserve account, for economic development activities associated with technical assistance to commercial facade and commercial rehabilitation projects in City of Miami Page 1 of 2 File Id: 12-00545 (Version: 1) Printed On: 11/9/2017 File Number: 12-00545 Enactment Number: R-12-0203 District 1, 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}. 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: 12-00545 (Version: 1) Printed On: 11/9/2017