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Resolution 4427 RESOLUTION NO. 4427 A RESOLUTION PLEDGING PARTICIPATION IN THE CONSTRUCTION OF A GREATER MIAMI INTERNATIONAL AIRPORT IN THE AMOUNT OF $25 000.00 SUBJECT TO LEGAL POWER VESTED IN THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA. WHEREAS, due to its location and favorable climate Greater Miami has become one of the most important air terminals in the world, and WHEREAS, the benefits of this business are realized by all communities of this area, and WHEREAS, it is necessary for the community to provide longer runways , more spacious terminal accommodations for the air transport companies and complete office accommodations for local, Federal and airline officials, and WHEREAS, the City of Miami has applied to P. W. A. for a loan and grant of $740,000 for terminal accommodations based on a self—liquidating loan and to W. P. A. for $1,155,726.02 for landing field facilities, the latter requiring community sponsor contribution of money, service, material and equipment in the amount of approximately $553,035.60, and WHEREAS, we are advised the City of Miami is willing to assume the responsibility of providing the 870 acres of land required, of providing the terminal accommodations and of pro— viding W. P. A. Sponsor contribution of approximately a quarter of a million dollars, consisting of money, service, materials and equipment, and WHEREAS, Dade County Commission with the cooperation of its Budget Board has pledged W. P. A. sponsor participation in the amount of $150,000, subject to legal powers vested in such Commission, and WHEREAS, the City of Miami Beach is desirous of participa,- tion in this worthy undertaking according to its reasonable share: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA: Section 1. . That the said City Council hereby endorses the Greater Miami International Airport Project and pledges W, P. A. sponsor participation in the project to the extent of $25,000.00, subject to legal power vested in its governing body by the Laws of Florida. Section 20 — That the said City Council pledges to take such official actions as are possible and necessary to carry out such participation, when and as needed, following W. P. A. authorization to start work on the Project. PASSED AND ADOPTED this ,.3rd day of November, A. D. , 1938. ATTEST: ay.r ity lerk N- 'T. O CU o w H 1 O iat HH Z Z UM H H PC H 0114 44 0 th � m I �a Nz _ P4 1-I 1