HomeMy WebLinkAboutR-88-0072J-88-100
1/ 14/88
RESOLUTION NO. 109-7'0-1-
A RESOLUTION RESCINDING SECTION 4 OF
RESOLUTION NO. 87-922 ADOPTED ON OCTOBER 22,
1987, WHICH SECTION AUTHORIZED THE 1987-1988
CONTRACT BETWEEN MIAMI CAPITAL DEVELOPMENT,
INC. AND THE CITY OF MIAMI TO BE AMENDED FOR
THE PURPOSE OF INCREASING ITS CITY OF MIAMI
REVOLVING LOAN FUND BY THREE HUNDRED THOUSAND
DOLLARS ($300,000); FURTHER AUTHORIZING THE
DIRECTOR OF THE DEPARTMENT OF COMMUNITY
DEVELOPMENT TO ACT ON BEHALF OF THE CITY IN
THE EXECUTION OF ALL CONTRACTS AND/OR CLOSING
DOCUMENTS RELATED TO THE SMALL BUSINESS
DEVELOPMENT PILOT PROGRAM IN THE MODEL CITY
TARGET AREA; FURTHER AUTHORIZING THE CITY
MANAGER TO AMEND THE EXISTING CONTRACT
AGREEMENT WITH MIAMI CAPITAL DEVELOPMENT
CORPORATION, INC. FOR THE PURPOSE OF REDUCING
ITS TWELFTH (12TH) YEAR ALLOCATION OF FUNDS
FOR THE NEWLY CREATED SMALL BUSINESS
DEVELOPMENT PILOT PROGRAM IN THE MODEL CITY
TARGET AREA BY THE AMOUNT OF $269,827.50.
f
WHEREAS, the City of Miami Commission is committed to the
economic development and the expansion of Trade and Commerce in
the City of Miami; and
WHEREAS, three hundred thousand dollars ($300,000)
previously appropriated for the Christian Hospital Subsidy
Program has been reallocated for disbursement by and through the
City of Miami, for the Small Business Development Pilot Program
in the Model City Target Area, as amended;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. Resolution No. 87-922 adopted October 22, 1987
is hereby amended by rescinding Section 4 thereof in its
entirety.
CITY COMMISSION
MEETING OF
JAN 144 1AAA
ON No. 13-72
Section 2. The Director of the Department of Community
Development shall act on behalf of the City in the execution of
ail contracts and/or closing documents related to the Small
Business Development Pilot Program in the Model City Target Area.
Section 3. The City Manager is hereby authorized to amend
the existing contract agreement with Miami Capital Development
Corporation, Inc. for the purpose of reducing its Twelfth (12th)
Year allocation of funds for the newly created Small Business
Development Pilot Program in the Model City Target Area by the
amount of $269,827.50.
PASSED AND ADOPTED this 14th day of Jan-pdry_ 988.
MAY
ATTEST-
AtHi kHA I
CITY CLERK
i
f
COMMUNITY DEVELOPMENT REVIEW AND APPROVAL:
�_" ic:
UIRECTUK
DEPARTMENT OF COMMUNITY DEVELOPMENT
FINANCE DEPARTMENT REVIEW AND APPROVAL:
Z
DEPARTMENT OF FINANCE
-2-
MANAGEMENT & BUDGET REVIEW AND APPROVAL:
-� >
_ FRANK MAY, ACTT.Ri3 DIRECTOR
DEPARTMENT OF ANAGEMENT & BUDGET
PREPARED AND APPROVED BY:
RU13 EK I F.
CHIEF DEPUTY CITY ATTORNEY
APPROVED TO FORM AND CORRECTNESS:
CITY ATTORNEY
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—3— 8"2
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
To. Aurelio Perez-Lugonnes DATE. ot?mber 28, 1987 FILE:
Legislative Administrator
Adrienne M. Macbeth,^-`
FROM: Minority/Women Procurement
SUBJECT: Request for Personal
Appearance/ Jan.14, 1988
City Commission Meeting
REFERENCES:
ENCLOSURES:
As staff liaison to the Model City Pilot Small Business Development
Program, i have been requested by its chairman, Mr. Edward Duffy, to
confirm its appearance before the City of Miami Commission at its
January 14, 1988 meeting. The committee is named the Loan Committee
of the Model City Small Business Development Pilot Program. They
are appearing at the request of the City Commission as expressed at
their December Meeting.
cc: Mr. Edward Duffy,
Model City, Small
Pilot Program
Chairman
Business Development
Mr. Sam Mason, Director
Martin Luther King Economic Development Corporation
88--'72
b0L!N V,'%RY DESCRIPTIONS Fci„
CITY OF MIAMI
CC'•�•IU,%ITY DEVELOP:'.EIV'T TARGET AREAS
ALLAPATTAH N.W. 36 Street on the 1:orth;
I-95 on the East;
The East/West Expressway and 1liami River on the Soutt
and N.W. 27 Avenue on the [lest.
COCONUT GROVE Bird Road and U.S. 1 on the North;
Elizabeth Street, Thomas Avenue on the East;
Loquat Avenue, Devon Road and Main Highway on the Sot
and LeJeune Road, Grant Drive, Jefferson Street, Grat
Avenue and Booker Street on the West.
EDISON CENTER N.11. 71 Street on the North; s� �ti k PC l��•I •
(1•I0DEL CITY) I-95 on the East;
N.W. 36 Street on the South; and
N.W. 19 Avenue and N.W. 17 Avenue on the hest.
EDISON/ I-95 on the test;
LITTLE RIVER N.W. 36 Street on the South;
Biscayne Boulevard on the East; and
N.W. 79 Street and N.W. 87 Street on the North.
LITTLE HAVANA N.W. 7 Street on the North;
Miami River, Florida East Coast Rail Road and
S.W. 12 Avenue on the East;
S.W. 16 Street and S.W. 11 Street on the South; and
S.W. 27 Avenue on the West.
OVERTOWN Florida East Coast Rail Road on the East;
N.W. 5 Street on the South;
N.W. 7 Avenue and I-95 on the hest; and
N.W. 22 Street and N.W. 20 Terrace on the North.
WYNWOOD I-95 on the West;
Airport Expressway on the North;
Florida East Coast Rail Road on the East; and
N.W. 15 Street.
DOWNTOWN N.W. 15 Street on the North;
Biscayne Bay on the East;
Miami River on the South; and
N.1-1. 5 Street and the Florida East Coast Railroad
on the West.
NOTE: DESCRIPTION GIVEN OUT BY MIAMI CAPITAL DEVELOPMENT IN ITS LOAN PACKAGE
9S-'72
98-73
ASAP GIVEN OUT THE NIGHT OF THE MEETING
AT UPTOWN CITY HALL
KING HEIGHTS
REDEVELOPMENT
AREA
N.w. 54 $
AIRPORT EXPRESSWAY
EDISON
CENTER
BUSINESS
DISTRICT
N. W. 71 Street on the North
I-95 on the East
N.W. 36th Street on the South
N. W. 19th Ave., and N. W. 17th Ave. on the West
IMPACT AREA
ECONOMIC DEVELOPMENT IMPACT AREA
MODEL CITY
11111. 111
o ?w ism
H0i7cw-1
9B—'73
ar•
c u-
IMPACT AREA
ECONOMIC
N
O C DEVELOPMENT IMPACT
AREA
ALLAPATTAH of �zso 1500
MAP.1 CITY OF MIAMI PLANNING DEPARTMENT 1/a
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