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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 13-00493 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS ,I.N THEAMDIJNT_OF $30,0D0�FROM THE DEPARTMENT OF COMMUNITY AND, ECONOMIC DEVELOPMENT CDBG ECONOMIC DEVELOPMENT RESERVE ACCOUNT TO THE MARTIN LUTHER KING JR. BUSINESS CENTER, FOR PUBLIC FACILITIES AND IMPROVEMENT ACTIVITIES, SPECIFICALLY FOR THE REHABILITATION OF THE PROPERTY LOCATED AT 6114 NORTHWEST 7TH AVENUE, MIAMI, FLORIDA; 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, the Martin Luther King Jr. Business Center ("MLK Business Center") is located at 6114 Northwest 7th Avenue, Miami, Florida, and provides assistance to local businesses in the Liberty City area; and WHEREAS, the MLK Business Center is in need of rehabilitation and improvements; and WHEREAS, the City Administration recommends the allocation of CDBG funds in the amount of $30,000 from the City Department of Community and Economic Development CDBG Economic Development Reserve Account to the MLK Business Center for Public Facilities and Improvement Activities at the property located at 6114 Northwest 7th Avenue, Miami, Florida; 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 $30,000, from the City Department of Community and Economic Development CDBG Economic Development Reserve Account to the MLK Business Center, for public facilities and improvement activities, specifically for the rehabilitation of the property located at 6114 Northwest 7th Avenue, Miami, Florida, is authorized. City of Miami Page 1 of 2 File Id: 13-00493 (Version: 1) Printed On: 4/16/2013 File Number: 13-00493 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 CORRECTNESS .. yr. 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 Page 2 of 2 File Id: 13-00493 (Version: 1) Printed On: 4/16/2013