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RESOLUTION 84-17928 RESOLUTION NUMBER 84-17928 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH APPROVING THE ESTABLISHMENT OF THE RENTAL REHABILITATION PROGRAM FUND, AND THE CREATION AND MAINTENANCE OF THE CITY OF MIAMI BEACH RENTAL REHABILITATION PROGRAM CHECKING ACCOUNT PROGRAM WITH PAN AMERICAN BANK, N.A. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH FLORIDA: WHEREAS, the Rental Rehabilitation Program was enacted on November 30, 1983, and is designed to assure an adequate supply of standard housing affordable to lower income tenants; and WHEREAS, the City Commission of the City of Miami Beach, on June 20, 1984, authorized by Resolution No. 84-17771 the submission of an application to the U.S. Department of Housing and Urban Development for this program; and WHEREAS, on September 11, 1984, the City of Miami Beach received funding approval from HUD and a request for release of funds has been submitted. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, as follows: 1. A Rental Rehabilitation Program Fund be established and maintained, in the books of accounts, to record the operation of this program. 2. A separate checking account entitled "City of Miami Beach Rental Rehabilitation Program" be established with Pan American Bank, N.A., for the purpose of receiving deposits of program funds through the Cash and Management Information System for disbursement, for eligible program costs. a) All withdrawals of funds from said account shall be upon official vouchers duly prepared and bearing the account designation as given above, each _ 'n: two signatures, as follows: BY -;"1"_:.<?;l__--Z _ William E. Mac Donald, as Fi a ce -ctor, or in his absence or inability to act for any re. By Edward P. Shea, as Assistant Finance Director, or in his absence or inability to act for an reason By - Elaine y4 "161f Elaine M. Baker, ._ 'i y Clerk COUNTERSIGN / By p Rob W. Parkins, z City '1 anager, or in his absence or inability to act ..,any reason By _ Richard Fosmoen as ssis -1 ' a City Manager, or • his absence or isany -. -- By //.// ` Patr1M"-`''l e Young, as Assistant C. ' It :. .ger - b) and with the further provision, withdrawals of funds from said account shall be on printed checks designated "City of Miami Beach Rental Rehabilitation Program", bearing two signatures as above set forth; or bearing the signature consisting of the background and other identifying symbols and facsimile signatures as are imprinted on the sample checks attached hereto and made a part thereof; and the Finance Director is hereby authorized to use said signatures in connection with said account. PASSED and ADOPTED this 21st day of November , 1984 .7"7/ MAYOR ATTEST CITY CLERK FORM APPROVED LEGAL DEPT. Sy, /4s'S5 ORIGINAL , RESOLUTION NO. 84-17928 (Approving the establishment of the Rental Rehabilitation Program fund, and the creation and maintenance of the City of Miami Beach Rental Rehabilitation with Pan American Bank, N.A.)