HomeMy WebLinkAboutLegislation (05/09/13)City of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 13-00463 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS ("CDBG")
IN THE AMOUNT OF $420,000, FROM THE DEPARTMENT OF COMMUNITY AND
ECONOMIC DEVELOPMENT CDBG RESERVE ACCOUNT TO WYNWOOD
BREWING COMPANY LLC, FOR JOB CREATION; 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. 09-0298, adopted June 18, 2009, the Miami City
Commission approved the Economic Development Loan Fund Pilot Program Policies which provides
businesses with financial assistance to support the retention and creation of jobs for low to moderate
income City of Miami ("City") residents; and
WHEREAS, pursuant to Resolution No. , 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, Wynwood Brewing Company ("WBC"), a production brewing company in the heart of
the Wynwood Art District in Miami, Florida, is a family owned and operated business with the simple
objective of bringing fresh, delicious, and creative beers to South Floridians and tourists alike; and
WHEREAS, WBC will be the first craft beer manufacturer (Micro -Brewery) in the City catering to
local consumers and declaring itself as the "Miami Beer", with local support and establishing strong
relationships with distributors and local retailers to become a strong, well recognized beer brand within
the South Florida area; and
WHEREAS, WBC has secured bank financing for the business but because of additional
requirements and the need to provide a taproom to serve directly to residents and tourists, is in urgent
need of assistance in purchasing final equipment needed to be fully operational; and
WHEREAS, WBC will be required to create twelve (12) new jobs, of which more than 51% will go
to low and moderate income residents; and
WHEREAS, the City Administration recommends the allocation of CDBG funds in the amount of
$420,000 from the City's Department of Community and Economic Development CDBG Reserve
Account to WBC for economic development activities, specifically job creation;
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.
City of Miami
Page 1 of 2 File Id: 13-00463 (Version: 1) Printed On: 4/17/2013
File Number: 13-00463
Section 2. The allocation of CDBG funds, in the amount of $420,000, from the City's Department
of Community and Economic Development Reserve Account to WBC for job creation, 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}
APPROVED AS TO FORM AND CORRECTNES____.
JULIE O. BRU
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
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