HomeMy WebLinkAboutR-13-0401City of Miami
Legislation
Resolution: R-13-0401
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 13-01057 Final Action Date: 10/10/2013
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOWING THE WYNWOOD BREWING COMPANY LLC, TO AMEND THE
EXISTING COMMUNITY DEVELOPMENT BLOCK GRANT ECONOMIC
DEVELOPMENT LOAN AGREEMENT ("LOAN AGREEMENT"), ATTACHED AND
INCORPORATED, INCLUDING THEIR BUDGET, IN AN AMOUNT NOT TO EXCEED
$119,000, TO INCLUDE RENT AND INVENTORY; AUTHORIZING THE CITY
MANAGER TO AMEND SAID LOAN AGREEMENT AND TO EXECUTE SAID LOAN
AGREEMENT AND ALL OTHER NECESSARY DOCUMENTS, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE.
WHEREAS, pursuant to Resolution No. 13-0195, adopted May 23, 2013, the Miami City
Commission approved the allocation of Community Development Block Grant ("CDBG") funds in the
amount of $420,000, from the Department of Community and Economic Development CDBG
Reserve Account to Wynwood Brewing Company LLC ("Wynwood Brewing"), for job creation; and
WHEREAS, the approval only allowed the funds to be used for equipment; and
WHEREAS, in order to open the plant in a timely fashion, the owners had to purchase some of
the equipment required prior to City Commission approval from funds earmarked for inventory and
rent; and
WHEREAS, the City and Wynwood Brewing have previously entered into a CDBG Economic
Development Loan Agreement ("Loan Agreement"), attached and incorporated, and the City
Administration recommends amending the budget associated with the allocation of CDBG funds to
Wynwood Brewing Company LLC to allow an amount up to $119,000 to be used for rent and
inventory;
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 existing Loan Agreement, attached and incorporated, including Wynwood
Brewing's budget, is allowed to be amended, in an amount not to exceed $119,000, to include rent
and inventory.
Section 3. The City Manager is authorized {1} to amend the Loan Agreement and to execute said
Loan Agreement and all other necessary documents, in a form acceptable to the City Attorney, for
said purpose.
City of Miami
Page 1 of 2 File Id: 13-01057 (Version: 2) Printed On: 9/19/2017
File Number: 13-01057 Enactment Number: R-13-0401
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: 13-01057 (Version: 2) Printed On: 9/19/2017