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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #6140 Date: 06/25/2019 Commission Meeting Date: 07/25/2019 Requesting Department: Department of Human Services Sponsored By: District Impacted: All Type: Resolution Subject: Allocate Funds - Hispanic Business Initiative Fund - Prospera Purpose of Item: A resolution of the Miami City Commission, authorizing the City Manager to execute an agreement with Prospera and the City of Miami in the amount of $25,000.00 for Educational Assistance, Business Consulting & Assistance with Entrepreneurial Grants. Background of Item: In continuance of the City of Miami's community investment initiatives to which focuses on providing support to the City's residents in achieving self-sufficiency and whereas the Prospera will be assisting with the small business assistance center and other programs within the City. Budget Impact Analysis Item is NOT Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: General Account No: 00001.548000.896000.0.0 City Manager's Office Office of Management and Budget Office of Management and Budget City Manager's Office City Manager's Office Legislative Division Office of the City Attorney Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk Office of the City Clerk Reviewed B Milton D Vickers Aniska Elliott Christopher M Rose Fernando Casamayor Nikolas Pascual Valentin J Alvarez Pablo Velez Barnaby L. Min Victoria Mendez Maricarmen Lopez Mayor's Office City Clerk's Office City Clerk's Office Department Head Review Budget Analyst Review Budget Review Assistant City Manager Review City Manager Review Legislative Division Review ACA Review Deputy Attorney Review Approved Form and Correctness Meeting Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed Unsigned by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 06/27/2019 12:14 PM 07/01/2019 2:48 PM 07/01/2019 3:49 PM 07/03/2019 11:44 AM 07/05/2019 10:29 AM 07/05/2019 11:20 AM 07/09/2019 10:32 AM 07/09/2019 10:42 AM 07/11/2019 11:54 AM 07/25/2019 9:00 AM 08/02/2019 8:55 PM 08/02/2019 9:18 PM 08/02/2019 9:18 PM City of Miami Legislation Resolution Enactment Number: R-19-0303 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 6140 Final Action Date:7/25/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION, ALLOCATING BUDGET RESERVE FUNDS FROM COMMUNITY INVESTMENT PROGRAMS' FUNDS, IN A TOTAL AMOUNT NOT TO EXCEED TWENTY FIVE THOUSAND DOLLARS ($25,000.00) TO THE HISPANIC BUSINESS INITIATIVE FUND NATIONWIDE, INC., D/B/A PROSPERA, A FLORIDA NOT FOR PROFIT CORPORATION ("PROSPERA"), FOR THE CREATION OF A PROGRAM THAT WILL EDUCATE MICROBUSINESS OWNERS WITHIN THE CITY OF MIAMI ("CITY") ON THE IMPORTANCE OF TECHNOLOGY, PROTECTION FROM CYBER THREATS, AND PROVIDE ASSISTANCE WITH EFFICIENCIES FOR THE BOOSTING OF PERFORMANCE AND PROFITABILITY; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN AGREEMENT WITH PROSPERA, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID ALLOCATION; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL OTHER DOCUMENTS NECESSARY, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, the Hispanic Business Initiative Fund Nationwide, Inc., d/b/a Prospera, a Florida not for profit corporation ("Prospera"), is a leading not for profit economic development organization in the State of Florida; and WHEREAS, Prospera has requested funds for the creation of a program that will educate microbusiness owners within the City of Miami ("City") on the importance of technology, protection from cyber threats, and provide assistance with efficiencies for the boosting of performance and profitability ("Program"); and WHEREAS, the City wishes to allocate grant funds in a total amount not to exceed Twenty Five Thousand Dollars ($25,000.00) of Budget Reserve Funds, from Community Investment Programs' Funds to Prospera for the Program; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble of this Resolution are adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The allocation of Budget Reserve Funds from Community Investment Programs' Funds in a total amount not to exceed Twenty Five Thousand Dollars ($25,000.00) to Prospera for the funding of the Program is authorized.' Section 3. The City Manager is authorized to negotiate and execute an Agreement with Prospera, in a form acceptable to the City Attorney, for said allocation. Section 4. The City Manager is further authorized' to negotiate and execute any and all other documents necessary, all 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: ndez, City Attor 7/11/2019 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 City 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.