HomeMy WebLinkAboutSummary FormDate: 3/ 23 / 2016
AGENDA ITEM SUMMARY FORM
FILE ID: 16-00395
Requesting Department: Liberty City Trust
Commission Meeting Date: 4/28/2016 District Impacted: V
Type: X Resolution ❑ Ordinance n Emergency Ordinance n Discussion Item
❑ Other
Subject: Approving award of $317,000 of Small Business Capital Investment Grant funds to Shantel's
Jazz Cafe, Inc.
Purpose of Item:
Law Department
Matter ID No.
A resolution of the board of directors of the Liberty City Community Revitalization Trust approving
award of $317,000 of the Small Business Capital Investment Grant Funds to Shantel's Jazz Cafe, Inc.
and authorizing the President/Chief Executive Officer to submit an agenda item for consideration and.
approval by the Commission for the City of Miami.
Background Information:
Miami Commissioner Keon Hardemon secured funds in the approximate total amount of $350,000.00
from Miami Bayside and SkyRise Miami through the City of Miami to support economic
development opportunities in Liberty City and assist the growth of businesses in the area. The hands
were allocated to the Liberty City Trust for this purpose. The Small Business Capital Investment
Grant Program seeks to stimulate visible investment in businesses and their facilities, support healthy
and attractive neighborhood business districts, enhance the sense of place, and provide a resource that
other organizations can offer businesses in their service area.
Budget Impact Analysis
Is this item related to revenue?
YES Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No: 93-930001/Award 2088
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost: n/a
Maintenance Cost: n/a
Total Fiscal Impact: ,nla -3V`l,
o
Final Approvals
(SIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Director
Chief City Manager
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