HomeMy WebLinkAboutR-19-0051opCity of Miami
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Legislation
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Resolution: R-19-0051
File Number: 5207
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 1/24/2019
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
PURSUANT TO SECTION 18-85(A) OF THE CODE OF THE CITY OF MIAMI,
FLORIDA, AS AMENDED ("CITY CODE"), BY A FOUR FIFTHS (4/5THS)
AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING,
RATIFYING, APPROVING, AND CONFIRMING THE CITY MANAGER'S
FINDINGS, ATTACHED AND INCORPORATED AS EXHIBIT "A," THAT
COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT
PRACTICABLE OR ADVANTAGEOUS FOR THE CITY OF MIAMI ("CITY");
WAIVING THE REQUIREMENTS FOR SAID PROCEDURES; ALLOCATING
FUNDS FROM THE MAYOR'S SHARE OF THE CITY'S ANTI -POVERTY
INITIATIVE ("API") ACCOUNT NO. 15500.101000.88200 IN AN AMOUNT NOT
TO EXCEED SIXTY THOUSAND DOLLARS ($60,000.00) AND FROM THE
CITY'S DEPARTMENT OF HUMAN SERVICES ACCOUNT NO.
00001.980000.882000 IN AN AMOUNT NOT TO EXCEED SIXTY THOUSAND
DOLLARS ($60,000.00) FOR A TOTAL AMOUNT OF ONE HUNDRED TWENTY
THOUSAND DOLLARS ($120,000.00) FOR THE ESTABLISHMENT AND
FUNDING OF TWO THOUSAND FOUR HUNDRED (2,400) CHILDREN'S
SAVINGS ACCOUNTS ("CSA") WITH SEED FUNDING OF A FIFTY DOLLAR
($50.00) DEPOSIT TOWARDS EACH CSA FOR INCOMING KINDERGARTEN
STUDENTS ENTERING ELEMENTARY SCHOOLS WITHIN THE CITY
("FUNDS"), AS PART OF A LOCAL EFFORT FOR WHICH THE FUTURE
BOUND CONSORTIUM IS BEING ESTABLISHED CONSISTING OF A
PARTNERSHIP BETWEEN THE MIAMI FOUNDATION, INC., THE UNITED
WAY OF MIAMI-DADE COUNTY, INC., THE MIAMI-DADE COUNTY PUBLIC
SCHOOL BOARD, CATALYST MIAMI, INC., SANT LA HAITIAN
NEIGHBORHOOD CENTER, THE CHILDREN'S TRUST FUND, INC., THE
CHILDREN'S MOVEMENT, INC., AND THE CITY ("CONSORTIUM") FOR THE
PROVISION OF FINANCIAL EDUCATION AND ASSET-BASED RESOURCES
TO CITY RESIDENTS FOR INCREASED POST -SECONDARY EDUCATION,
TECHNICAL SKILLS ATTAINMENT, AND IMPROVED FUTURE WORKFORCE
ACCESS AND INCOME MOBILITY ("PROGRAM"), WITH THE CONSORTIUM
ASSUMING FULL RESPONSIBILITY FOR THE SET-UP, ACCEPTANCE, AND
MANAGEMENT OF THE FUNDS; WITH ALLOCATION OF THE FUNDS TO
CATALYST MIAMI, INC., IN TRUST FOR THE CONSORTIUM, PENDING
COMPLETION OF THE CONSORTIUM'S FORMATION; FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY
AND ALL DOCUMENTS NECESSARY, IN A FORM ACCEPTABLE TO THE
CITY ATTORNEY, FOR SAID PURPOSE, AND SUBJECT TO THE WAIVER OF
ALL FEES.
SPONSOR(S): Mayor Francis X. Suarez
WHEREAS, the City of Miami ("City") created the Anti -Poverty Initiative ("API") to
address poverty based on a strategy of focusing the provision of support towards the City's
residents achieving self-sufficiency; and
City of Miami Page 1 of 3 File ID: 5207 (Revision: A) Printed On: 3/11/2019
File ID: 5207 Enactment Number: R-19-0051
WHEREAS, Children's Savings Accounts ("CSAs") are long-term investment accounts
that provide incentives to help school-age children and their families build savings to help offset
the cost of postsecondary education in the future; and
WHEREAS, CSAs are opened with seed funding deposited when children enter
kindergarten, with said deposits grown through family contributions and program incentives
throughout the students' school years and are accessible upon high school graduation; and
WHEREAS, according to research by Kansas University, even the smallest investment
in CSAs appears to have broad, positive implications for both children and their families, with
research indicating that children with less than Five Hundred Dollars ($500.00) saved in their
name are three times more likely to attend and four times more likely to graduate college than
those without any savings at all; and
WHEREAS, on November 14, 2016, the Board of The Children's Trust Fund, Inc.
approved the funding of Catalyst Miami, Inc. and the convening of public and private
stakeholders to explore the possibility of developing CSAs for students in Miami -Dade County;
and
WHEREAS, as part of a local effort towards establishing CSAs, the Future Bound
Consortium is being established consisting of a partnership between The Miami Foundation,
Inc., The United Way of Miami -Dade County, Inc., the Miami -Dade County Public School
Board, Catalyst Miami, Inc., Sant La Haitian Neighborhood Center, The Children's Trust Fund,
Inc., The Children's Movement, Inc., and the City ("Consortium") for the provision of financial
education and asset-based resources to City residents for increased post -secondary
education, technical skills attainment, and improved future workforce access and income
mobility ("Program"); and
WHEREAS, the City wishes to provide funds from the Mayor's share of the City's API
Account No. 15500.101000.88200 in an amount not to exceed Sixty Thousand Dollars
($60,000.00) and from the City's Department of Human Services Account No.
00001.980000.882000 in an amount not to exceed Sixty Thousand Dollars ($60,000.00) for a
total amount of One Hundred Twenty Thousand Dollars ($120,000.00) for the establishment
and funding of Two Thousand Four Hundred (2,400) CSAs with seed funding of a Fifty Dollar
($50.00) initial deposit per each student for incoming kindergarten entering elementary
schools within the City ("Funds") as part of the Program; and
WHEREAS, once formed, the Consortium will assume full responsibility for the set-up,
acceptance, and management of the Funds and the Program, with said Program being
established first in the City; and
WHEREAS, pursuant to Section 18-85(a) of the Code of the City of Miami, Florida, as
amended ("City Code"), the City Manager has made written findings, attached and
incorporated as Exhibit "A," that competitive negotiation methods and procedures are not
practicable or advantageous for the City's provision of said Funds for the Program; and
WHEREAS, the City Manager is requesting authority from the City Commission to
negotiate and execute any and all documents necessary, in a form acceptable to the City
Attorney, for said allocation of Funds for the Program;
City of Miami Page 2 of 3 File ID: 5207 (Revision: A) Printed on: 3/11/2019
File ID: 5207 Enactment Number: R-19-0051
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. Pursuant to Section 18-85(a) of the City Code, by a four-fifths (4/5ths)
affirmative vote, after an advertised public hearing, the City Manager's written findings,
attached and incorporated as Exhibit "A," that competitive negotiation methods and procedures
are not practicable or advantageous for the City's provision of said Funds for the Program and
waiving the requirements for said procedures, are hereby ratified, approved, and confirmed.
Section 3. The City Manager is authorized' to allocate Funds from the Mayor's share of
the City's API Account No. 15500.101000.88200 in an amount not to exceed Sixty Thousand
Dollars ($60,000.00) and from the City's Department of Human Services Account No.
00001.980000.882000 in an amount not to exceed Sixty Thousand Dollars ($60,000.00) for a
total amount of One Hundred Twenty Thousand Dollars ($120,000.00) to Catalyst Miami, Inc.,
in trust for the Consortium, pending completion of the Consortium's formation, for the Funds
necessary for the Program.
Section 4. The City Manager is further authorized' to execute any and all documents
necessary, in a form acceptable to the City Attorney, for said purpose, and subject to the
waiver of all fees.
Section 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
1
iria i�t_nd- eU�zky AAttor ey 12/28/2018
' The herein authorization is further subject to compliance with all requirements that may be imposed by
the City Attorney, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 3 of 3 File ID: 5207 (Revision: A) Printed on: 3/11/2019