HomeMy WebLinkAboutR-25-0107City of Miami
Resolution R-25-0107
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17327 Final Action Date: 3/13/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ESTABLISHING THE DISTRICT 5 SMALL BUSINESS SMALL GRANT
PROGRAM, ATTACHED AND INCORPORATED AS EXHIBIT "A";
AUTHORIZING THE CITY MANAGER TO ALLOCATE FUNDS IN THE
AMOUNT OF THREE HUNDRED THOUSAND DOLLARS ($300,000.00) FROM
THE DISTRICT 5 COMMISSIONER'S SHARE OF MIAMI FOR EVERYONE
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.
SPONSOR(S): Commissioner Christine King
WHEREAS, there are multiple sources of financial assistance to businesses throughout
the City of Miami ("City"); and
WHEREAS, the need for financial assistance surpasses the current available resources
and many small businesses located in District 5 of the City struggle to obtain financial
assistance in part due to larger businesses taking large sums of the current financial assistance
available; and
WHEREAS, the City Commission wishes to create a program that provides financial
assistance targeted at small businesses that have not yet received public financial assistance
known as the "District 5 Small Business Grant Program" ("Program") to begin in April of 2025;
and
WHEREAS, the Program will provide assistance in the form of a $10,000.00 grant to
eligible small businesses located within District 5 of the City that are in need of financial
assistance; and
WHEREAS, the City Commission recommends the establishment of the Program,
described in Exhibit "A," attached and incorporated, with funds in the amount of Three Hundred
Thousand Dollars ($300,000.00) allocated from District 5 Commissioner's share of Miami For
Everyone Program funds ("MFE Funds");
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.
City of Miami Page 1 of 2 File ID: 17327 (Revision:) Printed On: 8/19/2025
File ID: 17327 Enactment Number: R-25-0107
Section 2. The City Manager is authorized' to create the Program as described in
Exhibit "A," attached and incorporated.
Section 3. The City Manager is authorized to allocate MFE Funds in the amount of
$300,000.00 to the Program to assist eligible businesses located within District 5 of the City.
Section 4. The City Manager is further authorized2 to negotiate and execute any and all
necessary documents, all in forms acceptable to the City Attorney, for said purpose.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
rge Wyy 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.
2 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: 17327 (Revision:) Printed on: 8/19/2025