HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #17286
Date: 02/25/2025
Commission Meeting Date: 03/13/2025
Requesting Department: Department of
Economic Innovation and Development
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Accept - St.Thomas University - Venture Miami Scholarship
Purpose of Item:
To include St. Thomas University as a university participant in the Venture Miami
Scholarship Program.
Background of Item:
The City of Miami entered into an agreement with the Miami Foundation to establish the
City of Miami's Venture Miami Scholarship Program which was approved by the City
Commission on July 28, 2022. The purpose of the fund is to match the gap in tuition
cost for the City of Miami residents attending the respective college or university who
are Pell Grant eligible. The Miami Foundation is responsible for the acceptance and
management of funds. To date Miami Dade College, Florida International University,
Florida Memorial University, and University of Miami are the participating institutions. At
this time the University of St. Thomas would like to join as a participating university.
Budget Impact Analysis
Item has NOT an Expenditure
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
N/A
City Manager's Office
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
Office of the City Attorney
City Commission
Office of the City Clerk
Reviewed B
Keith Carswell
Aniska Elliott
Marie Gouin
Larry M. Spring
Natasha Colebrook -Williams
Arthur Noriega V
Valentin J Alvarez
Domini J. Gibbs
George K. Wysong III
Nicole Ewan
City Clerk's Office
Department Head Review
Budget Analyst Review
Budget Review
Assistance City Manager Review
Deputy City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Approved Form and Correctness
Meeting
Rendered
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
02/27/2025 10:09 AM
02/27/2025 10:45 AM
02/28/2025 1:11 PM
03/03/2025 9:46 AM
03/03/2025 10:00 AM
03/03/2025 10:20 AM
03/03/2025 10:30 AM
03/03/2025 9:30 PM
03/04/2025 4:35 PM
03/13/2025 9:00 AM
03/18/2025 5:53 PM
City of Miami
Legislation
Resolution
Enactment Number: R-25-0096
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17286 Final Action Date:3/13/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ADDITION
OF ST. THOMAS UNIVERSITY TO THE PARTICIPATING COLLEGES AND
UNIVERSITIES IN THE CITY OF MIAMI'S VENTURE MIAMI SCHOLARSHIP
PROGRAM ("PROGRAM"); FURTHER AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS NECESSARY, ALL IN
FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR THE PURPOSE STATED
HEREIN AS IT RELATES TO THE PROGRAM.
WHEREAS, the City of Miami ("City") has a deep interest in supporting residents who
have an interest in technology related careers; and
WHEREAS, on July 28, 2022, the City Commission adopted Resolution No. R-22-0281
thereby allocating an amount not to exceed Five Hundred Thousand Dollars ($500,000.00) to
the Miami Foundation ("The Foundation"), for the establishment and initial funding of the City's
Venture Miami Scholarship Program ("Program"); and
WHEREAS, The Foundation has a robust scholarship fund portfolio that works to help
students gain access to higher education; and
WHEREAS, the Program was initially designed to be in partnership with Miami -Dade
College, Florida Memorial University, The University of Miami, and Florida International
University ("Initial Colleges and Universities") to collaborate with the City to afford recent City
high school graduates an opportunity to pursue a science, technology, engineering, or
mathematics ("STEM") degree with no tuition cost when attending either of the Initial Colleges
and Universities ("Purpose"); and
WHEREAS, St. Thomas University requested to be added to the list of Initial Colleges
and Universities to participate in the Program; and
WHEREAS, a goal of the Program remains to invest in at -need City residents that have
been accepted and pursue a bachelor's degree in a defined STEM or high wage/demand
occupation at either of the colleges and universities stated herein; and
WHEREAS, the terms of agreement between The Foundation and the City shall remain
the same as it relates to the acceptance, and management of the funds allocated to the
Program pursuant to Resolution No. R-22-0281; and
WHEREAS, the Initial Colleges and Universities and St. Thomas University have agreed
to provide various matching contributions for the Program that align with enrollment numbers;
and
WHEREAS, the City Commission wishes to add St. Thomas University to the list of
colleges and universities to participate in the Program and authorizes the City Manager to
negotiate and execute any and all documents necessary, all in forms acceptable to the City
Attorney for the purpose stated herein; and
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 and incorporated herein as if fully set forth in this Section.
Section 2. St. Thomas University is hereby added to the list of colleges and universities
to partner with the City and The Foundation for the Program.
Section 3. The City Manager is hereby authorized' to negotiate and execute any and all
documents necessary, all in forms acceptable to the City Attorney, for the purpose stated herein,
as it relates to the Program.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
ge . Wy j ng III, C y ttor' -y 3/4/2025
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.