HomeMy WebLinkAboutR-12-0302City of Miami
Legislation
Resolution: R-12-0302
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00922 Final Action Date: 9/13/2012
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, IN THE
AMOUNT OF $60,000 FROM THE DISTRICT 2 ECONOMIC DEVELOPMENT
RESERVE ACCOUNT; ALLOCATING SAID FUNDS TO WYNWOOD ARTS
DISTRICT ASSOCIATION, INC. FOR COMMUNITY ECONOMIC DEVELOPMENT
ACTIVITIES, SPECIFICALLY, THE CREATION OF A BUSINESS IMPROVEMENT
DISTRICT FOR THE WYNWOOD BUSINESS DISTRICT; 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 approved the allocation of Program Year 2012-2013 Community Development Block
Grant Funds ("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, the Wynwood Arts District Association, Inc. ("WADA") is a non-profit Community
Based Development Organization in the Wynwood community dedicated to providing economic
development opportunities for residents by focusing on the infrastructure necessary to retain and
attract businesses in the Wynwood area; and
WHEREAS, WADA, through this allocation, will create a Business Improvement District ("BID")
for the Wynwood Design District, thereby creating a minimum of two (2) jobs as required under 24
Code of Federal Regulations 570.209; and
WHEREAS, the City Administration recommends the allocation of CDBG funds in the amount of
$60,000 from the District 2 Economic Development Reserve Account to WADA for Community
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 fully set forth in this Section.
Section 2. The transfer of CDBG funds, in the amount of $60,000 from the District 2 Economic
Development Reserve Account, and the allocation of said funds to WADA, for Community
Development activities, specifically, the creation of a BID for the Wynwood Business District, 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.
City of Miami
Page 1 of 2 File Id: 12-00922 (Version: 21 Printed On: 11/29/2017
File Number: 12-00922 Enactment Number: R-12-0302
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: 12-00922 (Version: 2) Printed On: 11/29/2017