RESOLUTION 85-18292 RESOLUTION NO: 85-18292
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, AMENDING THE
AGREEMENT BETWEEN THE CITY OF MIAMI BEACH
AND THE MIAMI BEACH DEVELOPMENT
CORPORATION ADOPTED BY RESOLUTION 1183-17535,
AND SUBSEQUENTLY AMENDED BY RESOLUTION #84-
17957 and #85-18132, AND AUTHORIZING AN
INCREASE OF COMMUNITY DEVELOPMENT BLOCK
GRANT FUNDS IN THE AMOUNT OF $80,000 IN ORDER
TO FUND A PROJECT TO RENOVATE THE COLONY
THEATER.
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI
BEACH, FLORIDA:
WHEREAS, the City of Miami Beach and the Miami Beach
Development Corporation have entered into an Agreement for theur ose
of funding renovations to the ColonyThea p P
Road; and ter, located at 1040 Lincoln
WHEREAS, the renovation and reuse of the Colony Theater has
been identified as an integral part of the economic development strategy
to revitalize the Lincoln Road Mall; and P
WHEREAS, the Miami Beach Development Corporation
represents that the renovation efforts mayP
be successfully implemented at
this time with an increase of $80,000 in CDBG funds to the existingfunding
amount; and
WHEREAS, the $80,000 necessary for the completion of the
Colony Theater project is available from Year 9 funds from completed
projects with an excess balance, local option, P
p on, or other pending projects
whose budgets could be reduced without substantiallyimpacting their
scope; and P g
WHEREAS, the parties to the Agreement are desirous of
amending the Agreement; and
WHEREAS, the Agreement makes provisions for modifyingsaid
Agreement as an amendment thereto; and
WHEREAS, the City Commission deems it to be in the best
its of the City, residents and citizens that said amendment be
entered into.
NOW THEREFORE, BE IT DULY RESOLVED BY THE CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA that the Mayor
and City Clerk are herebyauthorized and Y r
directed to execute the
amendment attached as part hereof, to the Agreement with the Miami
Beach Development Corporation in the name and on behalf of the City;; and
the disbursing officers of the City are hereby authorized and directed to
disburse the monies required by the terms of said Amendment to the
Agreement from Community Development Block Grant funds heretofore
allocated for said purpose.
PASSED AND ADOPTED THIS 20 DAY OF oov-fiber 1985.
MAYO'
ATTEST:
FORM APPRJVED
CITY LEGAL
DEPT.
RWP/nkm -
B
Date .-.- - i
ORIGINAL
RESOLUTION NO. 85-18292
(Amending the agreement between the City
of Miami Beach and the Miami Beach Develop.
ment Corporation adopted by Resolution
No. 83-17535, and subsequently amended by
Resolution No. 84-17957 and 85-18132,
and authorizing an increase of Community
Development Block Grant funds in the
amount of $80,000 in order to fund a pro-
ject to renovate the Colony Theater)