2001-24511 RESO
RESOLUTION NO. 2001-24511
A RESOLUTION OF THE MAYOR AND CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING
THE CITY MANAGER, OR HIS DESIGNEE, TO SUBMIT AN
APPLICATION TO THE FLORIDA DEPARTMENT OF STATE,
DIVISION OF CULTURAL AFFAIRS, FOR A PHASE II
CULTURAL FACILITIES GRANT, IN THE AMOUNT OF
$500,000, FOR THE RENOVATION OF THE COLONY
THEATER, WITH A LOCAL MATCH OF $1,000,000
COMPRISED OF $700,000 FROM THE UNITED STATES
DEPARTMENT OF THE INTERIOR, SAVE AMERICA'S
TREASURES PROGRAM AND $300,000 FROM TAX
INCREMENT REVENUE BONDS, TAX EXEMPT 1998B BOND
SERIES, CITY CENTER/HISTORIC CONVENTION VILLAGE;
AND TO APPROPRIATE THE FUNDS, IF AWARDED.
WHEREAS, the Florida Legislature makes grants to cities, counties and non-profit
organizations through the Department of State under the Cultural Facilities Program for
renovation, construction or acquisition of cultural facilities; and
WHEREAS, the Colony Theater is a historic, cultural facility on the National Register
of Historic Places that is owned by the City of Miami Beach; and
WHEREAS, the City previously has been awarded a Phase I Cultural Facilities grant
in, the amount of $500,000, for the renovation of the Colony Theater and seeks an
additional Phase 11 Cultural Facilities grant, in the amount of $500,000; and
WHEREAS, the City has the required $1,000,000 local match comprised of
$700,000 from a grant award from the United States Department of the Interior, Save
America's Treasures Program and $300,000 from an appropriation of Tax Exempt
Increment Revenue Bonds, Tax Exempt 1998B Bond Series, City Center/Historic
Convention Village approved by Redevelpoment Agency Resolution 390-2001;
NOW THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission of the
City of Miami Beach, Florida, authorize the City Manager, or his designee, to submit an
application the Florida Department of State, Division of Cultural Affairs, for a Phase II
Cultural Facilities grant, in the amount of $500,000, for the renovation of the Colony
Theater, with a local match of $1 ,000,000, comprised of $700,000 from the United States
Department of the Interior, Save America's Treasures Program and $300,000 from Tax
Increment Revenue Bonds, Tax Exempt 1998B Bond Series, City Center/Historic
Convention Village, and to appropriate these funds if awarded.
APPROVED AND ADOPTED THIS 18th DAY OF JU
APPROVED AS TO
FORM & lANGUAGE
MAYOR
01.
ATTEST:
~~r~
CITY CLERK
~~I
~
CITY OF MIAMI BEACH
CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH. FLORIDA 33139
www.ci.miami-beach.f1.us
To:
From:
Subject:
COMMISSION MEMORANDUM NO. l(53-0(
Mayor Neisen O. Kasdin and Date: July 18,2001
Members of the City Commission
Jorge M. Gonzalez~.~
City Manager ,... - C)
A RESOLUTIO OF THE MAYOR AND CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE CITY
MANAGER, OR HIS DESIGNEE, TO SUBMIT AN APPLICATION TO
THE FLORIDA DEPARTMENT OF STATE, DIVISION OF CULTURAL
AFFAIRS, FOR A PHASE II CULTURAL FACILITIES GRANT, IN THE
AMOUNT OF $500,000, FOR THE RENOVATION OF THE COLONY
THEATER, WITH A LOCAL MATCH OF $1,000,000, COMPRISED OF
$700,000 FROM THE UNITED STATES DEPARTMENT OF THE
INTERIOR, SAVE AMERICA'S TREASURES PROGRAM AND $300,000
FROM TAX INCREMENT REVENUE BONDS, TAX EXEMPT 1998B
BOND SERIES, CITY CENTER/HISTORIC CONVENTION VILLAGE;
AND TO APPROPRIATE THE FUNDS, IF AWARDED.
ADMINISTRATIVE RECOMMENDATION
Adopt the Resolution.
ANALYSIS
The City has actively pursued grant awards in order to fund the renovation of the Colony
Theater. A major resource has been the Florida Department of State, Division of Cultural
Affair's Cultural Facilities program, which awards multi-phase grants for the renovation of major
cultural facilities. Each phased grant award requires a 2:1 local match and has a maximum
limit of $500,000. An applicant can only apply for a total of four phases for the same project.
The City has previously been awarded a Phase I grant of $500,000 and seeks an additional
Phase II grant of $500,000. The required match of $1,000,000 comes from two sources.
Pursuant to Resolution 2001-24303, approved on March 28, 2001, $700,000 comes from a
grant from the United States Department of the Interior's Save America's Treasures
Program. Pursuant to Redevelopment Agency Resolution 390-2001, approved on June
27,2001, the remaining $300,000 comes from a $1,417,000 appropriation of tax increment
revenue bond funds from the 19988 Tax Exempt Bond Series. The remaining $1,117,000 will
be used a~or a Phase III grant request to the Department of State in August 2002.
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