HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #8666
Date: 02/19/2021
Commission Meeting Date: 03/25/2021
Requesting Department: Department of
Housing and Community Development
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Establish - Micro -Enterprise Assistance Program II and Small Business
Emergency Loan Program
Purpose of Item:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S)
AUTHORIZING THE ESTABLISHMENT OF THE (1) BUSINESS CONTINUITY MICRO -
ENTERPRISE ASSISTANCE PROGRAM II (2) SMALL BUSINESS EMERGENCY
LOAN PROGRAM II; ATTACHED AND INCORPORATED AS DESCRIBED IN
EXHIBIT "A" AND EXHIBIT "B" RESPECTIVELY, WITH FUNDS ALLOCATED FROM
THE SPECIAL GRANT ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK
GRANT FUNDS ("CDBG-CV3"); FURTHER, AUTHORIZING THE CITY MANAGER TO
EXECUTE THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE
CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE.
Background of Item:
Pursuant to R-21-0064, adopted on February 11, 2021, the City Commission approved
the special grant allocation of "CDBG CV3" in the amount of $4,771,821.00 to the
Department of Housing and Community Development, which included an amount of
$1,000,000.00 to the Business Continuity Micro -Enterprise Assistance Program II and
an amount of $2,817,456.80 to the Small Business Emergency Loan Program II, to
support economic and community development activities in response to the Coronavirus
(COVID-19) pandemic.
The goal of the Business Continuity Micro -Enterprise Assistance program II, is to
provide low to moderate income business owners, impacted by the coronavirus
(COVID-19), with financial assistance to stabilize their businesses in our community.
The Small Business Emergency Loan Program II, will continue to provide assistance to
eligible small businesses located within the City of Miami deeply impacted by the
coronavirus (COVID-19) pandemic.
The City Administration recommends the establishment of the (1) Business Continuity
Micro -Enterprise Assistance Program II, (2) Small Business Emergency Loan Program
II, as described in Exhibit "A" and Exhibit "B" respectively, with funds allocated from the
Special Grant allocation of "CDBG CV3", to assist eligible businesses located within the
City of Miami that suffered a Toss of revenue due to the COVID-19 pandemic.
Budget Impact Analysis
Item has NOT an Expenditure
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
3,817,456.80
Special Revenue Account No: 14001.910199.883000 (CDBG)
Department of Community
Review Completed
Office of Management and
Office of Management and
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 City Clerk
Legislative Division
Office of the City Attorney
Office of the City Attorney
Office of the City Attorney
Reviewed B
and Economic Development
02/19/2021 4:25 PM
Budget Luis Hernandez -Torres
Budget Leon P Michel
Fernando Casamayor
Arthur Noriega V
Valentin J Alvarez
Richard Appleton
Barnaby L. Min
Victoria Mendez
Nicole Ewan
City Clerk's Office
Valentin J Alvarez
Richard Appleton
Barnaby L. Min
Victoria Mendez
George Mensah
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Rendered
Legislative Division Review
ACA Review
Deputy Attorney Review
Approved Form and Correctness
Department Head
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
with Modification(s)
02/19/2021 4:58 PM
02/19/2021 10:50 PM
02/22/2021 3:14 PM
02/22/2021 4:02 PM
02/23/2021 9:56 AM
03/01/2021 7:08 PM
03/01/2021 7:17 PM
03/02/2021 3:00 PM
03/25/2021 9:00 AM
04/09/2021 7:56 PM
05/05/2021 1:48 PM
05/14/2021 4:36 PM
05/17/2021 7:50 AM
Completed
City of Miami
Legislation
Resolution
Enactment Number: R-21-0126
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 8666 Final Action Date:3/25/2021
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS,
ESTABLISHING THE BUSINESS CONTINUITY MICRO -ENTERPRISE ASSISTANCE
PROGRAM II AND THE SMALL BUSINESS EMERGENCY LOAN PROGRAM II,
ATTACHED AND INCORPORATED AS EXHIBIT "A" AND EXHIBIT "B",
RESPECTIVELY; ALLOCATING FUNDS FROM THE SPECIAL GRANT ALLOCATION
OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR SAID PURPOSE;
FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE
ANY AND ALL NECESSARY DOCUMENTS, ALL IN FORMS ACCEPTABLE TO THE
CITY ATTORNEY, FOR SAID PURPOSE.
WHEREAS, pursuant to Resolution No. R-21-0064 adopted on February 11, 2021, the
City Commission allocated Community Development Block Grant Funds ("CDBG CV3") in the
amount of $4,771,821.00 to the Department of Housing and Community Development
("Department"), which included an amount of $1,000,000.00 to the Business Continuity Micro -
Enterprise Assistance Program II ("Micro -Enterprise Program") and an amount of $2,817,456.80
to the Small Business Emergency Loan Program II ("Small Business Program") (collectively,
"Programs") to support economic and community development activities in response to the
Novel Coronavirus ("COVID-19") pandemic; and
WHEREAS, the goal of the Micro -Enterprise Program is to provide low to moderate
income business owners impacted by the COVID-19 pandemic with financial assistance to
stabilize their businesses in the City of Miami ("City"); and
WHEREAS, the Small Business Program will provide assistance to eligible small
businesses located within the City deeply impacted by the COVID-19 pandemic; and
WHEREAS, the City's Administration recommends the establishment of the Programs,
described in Exhibit "A" and Exhibit "B", respectively, with funds allocated from the special grant
allocation of CDBG CV3 to assist eligible businesses located within the City that suffered a loss
of revenue due to the COVID-19 pandemic;
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 if fully set forth in this Section.
Section 2. The establishment of the Programs as described in Exhibit "A" and Exhibit
"B", respectively, with funds allocated from the special grant allocation of CDBG CV3 to assist
eligible businesses located within the City that suffered a loss of revenue due to the COVID-19
pandemic is approved.
Section 3. The City Manager is further authorized' to negotiate and execute any and all
necessary documents, all in forms acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
ndez, ity Attor ey ) 3/212021
1 The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to those prescribed by applicable City Charter and City Code
provisions.