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HomeMy WebLinkAboutR-25-0096City of Miami Resolution R-25-0096 Legislation 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 City of Miami Page 1 of 2 File ID: 17286 (Revision:) Printed On: 8/19/2025 File ID: 17286 Enactment Number: R-25-0096 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 = . Wyy ng III, City 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. City of Miami Page 2 of 2 File ID: 17286 (Revision:) Printed on: 8/19/2025