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2017-29933 Resolution RESOLUTION NO. 2017-29933 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND AUTHORIZING THE CITY MANAGER, OR HIS DESIGNEE, TO APPLY FOR, ACCEPT, AND APPROPRIATE FUNDING (INCLUDING MATCHING FUNDS AND ANY RELATED CITY EXPENSES), AND TO EXECUTE ANY AND ALL DOCUMENTS OR AGREEMENTS IN CONNECTION WITH A GRANT APPLICATION TO ENTERPRISE FLORIDA, INC. AND THE FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY FOR FUNDING UNDER THE FLORIDA JOB GROWTH GRANT FUND. WHEREAS, the City Administration requests approval to submit a grant application to Enterprise Florida, Inc. and the Florida Department of Economic Opportunity (DEO) for funding under the Florida Job Growth Grant Fund, the details of which are as follows: • The Florida Job Growth Grant Fund is a new economic development program designed to build on Florida's success and economic prosperity. • This flexible, economic development program is the first of its kind and will be used to promote public infrastructure and individual job training, which will encourage more businesses to choose Florida as a destination for business. • This program will provide funding for public infrastructure and job training projects that support growth and employment in Florida's diverse industries. • Florida DEO will work with Enterprise Florida and other state and local partners to identify projects that may be considered for funding. • The City Administration intends to apply to the Florida Job Growth Funds program for funding to support economic development projects as the North Beach Yard Project. • Borrowing from the success of The Wynwood Yard in Miami, "The North Beach Yard" will create a local hub of new food businesses and cultural showcases in Miami Beach. • By mitigating start-up costs and providing a nurturing environment, The North Beach Yard can help new businesses gain exposure to the community. • The intent of this project is to promote economic opportunity by improving public infrastructure to benefit the public. • This project supports the key intended outcome to maximize the Miami Beach brand as a world class destination and does not require matching funds. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH that the Mayor and City Commission hereby approve and authorize the City Manager, or his designee, to apply for, accept, and appropriate funding (including matching funds and any related City expenses), and to execute any and all documents or agreements in connection with a grant application to Enterprise Florida, Inc. and the Florida Department of Economic Opportunity for funding under the Florida Job Growth Grant Fund. PASSED and ADOPTED this 1 ° day of LT , 2017. /. ATTEST: Philip =vine, ' .- or ,, / -/li f?Jh Rafa E. Granado, City Clerk F� hp4� �—` 0,s• APPROVED AS TO ' / % FORM & LANGUAGE • 0 '`i' : FOR EXECUTIO► q °"' : ko, "Ai ' OtAl ..12/7- 4 .•', Atto = 7fry, Dote hhhC I--�1�-�' • Resolutions-C7 Y MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: July 26, 2017 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO APPLY FOR, ACCEPT, AND APPROPRIATE FUNDING (INCLUDING MATCHING FUNDS AND ANY RELATED CITY EXPENSES), AND TO EXECUTE ANY AND ALL DOCUMENTS OR AGREEMENTS IN CONNECTION WITH A GRANT APPLICATION TO ENTERPRISE FLORIDA, INC. AND THE FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY FOR FUNDING UNDER THE FLORIDA JOB GROWTH GRANT FUND. RECOMMENDATION Adopt the Resolution. ANALYSIS The Florida Job Growth Grant Fund is a new economic development program designed to build on Florida's success and economic prosperity. This flexible, economic development program is the first of its kind and will be used to promote public infrastructure and individual job training,which will encourage more businesses to choose Florida as a destination for business. It will provide funding for public infrastructure and job training projects that support growth and employment in Florida's diverse industries. The Florida Department of Economic Opportunity will work with Enterprise Florida and other state and local partners to identify projects that may be considered for funding. The City Administration intends to apply to the Florida Job Growth Fund program for funding to support economic development projects such as the North Beach Yard Project. Borrowing from the success of The Wynwood Yard in Miami, "The North Beach Yard" will create a local hub of new food businesses and cultural showcases in Miami Beach. By mitigating start-up costs and providing a nurturing environment, the North Beach Yard can help new businesses gain exposure to the community. The intent of this project is to promote economic opportunity by improving public infrastructure to benefit the public. This project supports the key intended outcome to maximize the Miami Beach brand as a world class destination and does not require matching funds. CONCLUSION Based on the aforestated analysis,the Administration recommends that the Mayor and City Commission adopt the Resolution to apply for,accept and appropriate the above mentioned funds. KEY INTENDED OUTCOMES SUPPORTED Ensure Expenditure Trends Are Sustainable Over The Long Term Legislative Tracking Budget and Performance Improvement