HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #16747
Date: 10/08/2024
Commission Meeting Date: 10/24/2024
Type:
Subject:
Requesting Department: Department of
Human Services
Sponsored By: Miguel Gabela, Damian
Pardo, Christine King
District Impacted: District 1, District 2,
District 5
Resolution
Accept Grant Award - Living Cities - Breaking Barriers to Business Project
Purpose of Item:
The Department of Human Services requests that the City Commission approve to
receive the award of $100,000 to support the Breaking Barriers to Business (B3)
initiative, aiming to accelerate wealth -building for business owners of color in Southeast
U.S. cities. It supports our mission to close the racial wealth gap through philanthropy,
financial institutions, and local governments.
Background of Item:
Breaking Barriers to Business, or B3, is a multi -year project seeking to transform
systemic barriers found in the relationship between local government business -serving
agencies (BSA) and community -based business -serving organizations (BSO) into
systemic pathways that serve business owners of color with the knowledge and
financial capital they need to start, grow, and create jobs in their commercial corridors.
This initiative will provide funds for the Department of Human Services Economic
Initiatives to support three corridors in the City of Miami.
Budget Impact Analysis
Item is Related to Revenue
Item has NOT an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
N/A
Department of Human Services
Office of Management and Budget
Office of Management and Budget
City Manager's Office
City Manager's Office
City Manager's Office
Legislative Division
Office of the City Attorney
City Commission
Reviewed B
David Gilbert
Aniska Elliott
Leon P Michel
Barbara Hernandez
Natasha Colebrook -Williams
Arthur Noriega V
Valentin J Alvarez
Juan Carlos Perez
Maricarmen Lopez
Department Head Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
Deputy City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Meeting
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
10/08/2024 10:10 AM
10/09/2024 9:21 AM
10/09/2024 9:45 AM
10/11/2024 8:39 AM
10/11/2024 11:55 AM
10/11/2024 12:22 PM
10/11/2024 5:19 PM
10/15/2024 2:42 PM
10/24/2024 9:00 AM
Office of the City Attorney George K. Wysong III Approved Form and Correctness Completed 10/29/2024 1:21 PM
Office of the Mayor Mayor's Office Unsigned by the Mayor Completed 11/01/2024 2:40 PM
Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 11/01/2024 3:29 PM
Office of the City Clerk City Clerk's Office Rendered Completed 11/04/2024 9:40 AM
City of Miami
Legislation
Resolution
Enactment Number: R-24-0427
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16747 Final Action Date:10/24/2024
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO ACCEPT A GRANT AWARD FROM THE
LIVING CITIES ORGANIZATION, IN AN AMOUNT NOT TO EXCEED ONE HUNDRED
THOUSAND DOLLARS ($100,000.00) ("GRANT") TO SUPPORT THE CITY OF
MIAMI'S ("CITY") BREAKING BARRIERS TO BUSINESS ("B3") INITIATIVE TO
ACCELERATE WEALTH -BUILDING FOR MINORITY BUSINESS OWNERS AND
PROMOTE CLOSING THE RACIAL INCOME AND WEALTH GAP; FURTHER
ESTABLISHING A SPECIAL REVENUE PROJECT TITLED "LIVING CITIES - B3
INITIATIVE" AND APPROPRIATING THE GRANT FUNDS FOR SAME;
AUTHORIZING THE CITY MANAGER TO EXECUTE A GRANT AGREEMENT, IN
SUBSTANTIALLY THE ATTACHED FORM, AND ANY AND ALL OTHER
DOCUMENTS, AMENDMENTS, RENEWALS, MODIFICATIONS, AND EXTENSIONS
THERETO, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, IN ORDER
TO IMPLEMENT AND COMPLY WITH SAID GRANT.
WHEREAS, Living Cities is an organization of collaborative philanthropic foundations
and financial institutions committed to closing the racial income and wealth gap so that all
people in cities across the United States can live economically sustainable and abundant lives;
and
WHEREAS, the Breaking Barriers to Business Initiative ("B3 Initiative") is designed to
strengthen small businesses and open career pathways for Black, Indigenous and, People of
Color ("BIPOC"); and
WHEREAS, Living Cities has awarded the City of Miami ("City") a grant award in an
amount not to exceed $100,000.00 ("Grant") to support a B3 Initiative in the City to transform
systemic barriers found in the relationship between local government business -serving agencies
and community -based business -serving organizations into systemic pathways that serve BIPOC
business owners with the knowledge and financial capital they need to start, grow, and create
jobs in their commercial corridor; and
WHEREAS, the Grant will provide the City access to participate in a learning community
cultivated by Living Cities and develop a plan for supporting small business corridors in the City;
and
WHEREAS, through participation in the B3 Initiative, the City can leverage and take
advantage of its existing economic initiatives while expanding opportunities for entrepreneurs in
the City; and
WHEREAS, it is appropriate for the City Commission to authorize the City Manager to
execute a Grant agreement for the acceptance, administration and implementation of the City's
B3 Initiative in compliance with all applicable laws, rules, and regulations, for said purpose;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY MIAMI,
FLORIDA:
Section 1. The recitals contained in the Preamble to this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The City Manager is authorized' to accept the Grant from the Living Cities to
support the City's B3 Initiative to accelerate wealth -building for minority business owners and
promote closing the racial income and wealth gap.
Section 3. The following new Special Revenue Project Fund is established, and
resources are appropriated as described below:
PROJECT TITLE: Living Cities — B3 Initiative
RESOURCES: Living Cities
APPROPRIATIONS: B3 Initiative
TOTAL:
$100,000.00
$100,000.00
Section 4. The City Manager is further authorized1 to execute the Grant agreement, in
substantially the attached form, and any amendments, modifications, and extensions thereto, all
in a form acceptable to the City Attorney, in order to accept grant funds and implement the
Section 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
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.
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.