HomeMy WebLinkAboutLegislation (Version 2)City of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 13-00462 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE MARTIN LUTHER KING EMERGENCY BUSINESS ASSISTANCE
PROGRAM GUIDELINES, AS SPECIFIED IN EXHIBIT "A", ATTACHED AND
INCORPORATED; AUTHORIZING THE ALLOCATION OF COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS IN THE AMOUNT OF $130,000,
FROM THE DEPARTMENT OF COMMUNITYAND ECONOMIC DEVELOPMENT
CDBG RESERVE ACCOUNT, AS SPECIFIED IN EXHIBIT "B", ATTACHED AND
INCORPORATED, TO PROVIDE FORGIVABLE LOANS UP TO $10,000 TO
FOR -PROFIT BUSINESSES LOCATED ON NORTHWEST 6TH AVENUE BETWEEN
54TH STREET AND 71ST STREET AND ON 62ND STREET BETWEEN
INTERSTATE 95 AND NORTHWEST 12TH AVENUE, MIAMI, FLORIDA; FURTHER
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. 13-0172, adopted May 9, 2013, the Miami City
Commission approved the de -obligation and close-out of certain Community Development Block Grant
("CDBG") activities and allocated an amount of $948,780.64 to the Department of Community and
Economic Development CDBG Reserve Account; and
WHEREAS, the City currently has numerous businesses located on Northwest 6th Avenue
between 54th Street and 71st Street and on 62nd Street between Interstate 95 and Northwest 12th
Avenue, Miami, Florida ("7th Avenue Corridor"), that have been directly affected multiple times by theft
and vandalism which could lead to the closure of the existing businesses and loss of jobs in the
neighborhood; and
WHEREAS, the goal of the Martin Luther King Jr. Emergency Business Assistance Program
("MLK Emergency Business Assistance Program") is to provide a benefit to low and moderate income
business owners in the area with assistance to maintain the economic viability of their businesses and
serve as catalysts for employment and community growth; and
WHEREAS, a summary of the MLK Emergency Business Assistance Program Policies and
Guidelines is attached and incorporated as Exhibit "A"; and
WHEREAS, an allocation of CDBG funds in the total amount of $130,000 from the Department of
Community and Economic Development CDBG Reserve Account, as specified in Exhibit "B", attached
and incorporated, has been specifically been made to the MLK Emergency Business Assistance
Program; and
WHEREAS, the City Administration recommends approving said MLK Emergency Business
Assistance Program Policies & Guidelines and said allocation of CDBG funds in the amount of
$130,000;
City of Miami
Page 1 of 2 File Id: 13-00462 (Version: 2) Printed On: 5/13/2013
File Number: 13-00462
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 MLK Emergency Business Assistance Program Policies and Guidelines, as
specified in Exhibit "A", attached and incorporated, are approved.
Section 3. The transfer of CDBG funds, in the amount of $130,000 from the Department of
Community and Economic Development CDBG Reserve account for the MLK Emergency Business
Assistance Program as specified in Exhibit "B", attached and incorporated, to provide forgivable loans
up to $10,000 to for -profit businesses located within the 7th Avenue Corridor, is authorized.
Section.4. The City Manager is further authorized{1}.to execute all necessary documents, in a
form acceptable to the City Attorney, for said purpose.
Section 5. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor.{2}
APPROVED AS TO FORM AND CORRECTNESS:
CITY ATTORNEY
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: 13-00462 (Version: 2) Printed On: 5/13/2013