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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #17662 Date: 05/20/2025 Commission Meeting Date: 07/10/2025 Requesting Department: Department of Economic Innovation & Development Sponsored By: Christine King District Impacted: All Type: Resolution Subject: Accept - Barry University & Nova Southeastern University - Venture Miami Scholarship Program Purpose of Item: To include Barry University, Nova Southeastern University, and the Technical Colleges of Miami Dade County Public Schools as participants 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, University of Miami, and ST. Thomas University are the participating institutions. At this time Barry University, Nova Southeastern University, and the Technical Colleges of Miami Dade Public Schools would like to join as participating colleges/ universities. Budget Impact Analysis 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 Maricarmen Lopez 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 06/16/2025 5:14 PM 06/17/2025 6:53 AM 06/17/2025 11:18 PM 06/26/2025 4:39 PM 06/27/2025 9:04 AM 06/27/2025 11:25 AM 06/27/2025 11:36 AM 06/30/2025 2:32 PM 06/30/2025 2:55 PM 07/10/2025 9:00 AM 07/17/2025 3:39 PM City of Miami Legislation Resolution Enactment Number: R-25-0245 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 17662 Final Action Date:7/10/2025 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ADDITION OF BARRY UNIVERSITY, NOVA SOUTHEASTERN UNIVERSITY, AND THE TECHNICAL COLLEGES AT MIAMI DADE COUNTY PUBLIC SCHOOLS 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, on March 13, 2025, the City added St. Thomas University as an institution to participate in the Program to be inclusive with the Initial Colleges and Universities (together, "Colleges and Universities"); and WHEREAS, moving forward the program will broaden its eligibility beyond high school graduates, and expand to also include students in vocational schools who will obtain a certificate, or license, in a STEM program, or high wage/high demand field, as attached and incorporated herein as Exhibit "A," which may be amended from time -to -time; and WHEREAS, Barry University, Nova Southeastern University, the Technical Colleges at Miami -Dade County Public Schools, as outlined in Exhibit "B," attached and incorporated herein, have now requested to be added to list of colleges and universities ("Additional Colleges and Universities") to participate in the Program; and WHEREAS, a goal of the Program remains to invest in at -need City residents pursuing a defined STEM or high wage/demand occupation at either of the colleges and universities of the Program; and WHEREAS, the terms of the 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 Colleges and Universities and the Additional Colleges and Universities have agreed to provide various matching contributions for the Program that align with enrollment numbers; and WHEREAS, the City Commission wishes to add the Additional Colleges and Universities to the list of participants 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; 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. Barry University, Nova Southeastern University, and the Technical Colleges of Miami -Dade County Public Schools are 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: rge Wyy ng III, C ty ttor -y 6/30/2025 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.