RESOLUTION 84-17726 RESOLUTION NUMBER 84-17726
A RESOLUTION OF THE CITY OF MIAMI BEACH,
AUTHORIZING AMENDMENTS TO RESOLUTION #82-17213
AND THE CONTRACT BETWEEN THE CITY OF MIAMI
BEACH AND THE MIAMI BEACH DEVELOPMENT
CORPORATION, FOR THE PURPOSE OF EXTENDING THE
EXPIRATION DATE OF THE HOTEL REHABILITATION
PROGRAM WITH NO ADDITIONAL FUNDING.
WHEREAS, the City of Miami Beach entered into a Contract with the Miami
Beach Development Corporation on December 15, 1982, for the purpose of funding a
Hotel Rehabilitation Program; and
WHEREAS, this contract was amended on December 21, 1983 to provide for
extended funding of the program to April 30, 1984 in the amount of forty-four
thousand eight hundred and sixty-seven dollars ($44,867) of Community Development
Block Grant (CDBG) funds; and
WHEREAS, the program can continue to operate until June 29, 1984 without
additional funding from the City; and
WHEREAS, the City has determined the need to rebuild the hotel industry on
Miami Beach, through the coordination of new construction and rehabilitation which
will provide needed hotel accommodations; and
WHEREAS, an appropriate Amendment to the existing contract has been
prepared and approved as to legal form and sufficiency by the City Attorney, which
Amendment sets forth the terms and conditions of said project; and
WHEREAS, the objectives of this program include technical assistance to hotel
owners in obtaining private financing commitments; and a promotional campaign
aimed at improving the investment climate of economically distressed areas of Miami
Beach; and
WHEREAS, the Administration has found this program to be an appropriate step
toward the elimination of slums and blight and the expansion of employment
opportunities for low and moderate income residents; and
WHEREAS, the City Commission deems it to be in the best interests of the City
and its residents and citizens that said Amendment to Agreement 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 hereby
authorized and directed to execute an Amendment to the Agreement with the Miami
Beach Development Corporation on behalf of the City, to extend the expiration date
of the Hotel Rehabilitation Program to June 29, 1984, without an additional allocation
of funds as previously authorized by the amendments adopted on December 21, 1983.
PASSED AND ADOPTED THIS 2nd DAY OF May , 1984.
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ATTEST:
CITY CLERK
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FORM APPROVED
LEGA. DFPT. MAYOR
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By.dti14-1 -W-.00-Ma
Date °..,....
ORIGINAL
RESOLUTION NO. 84-17726
(Authorizing Amendments to Res. #82-17213
and the contract between the City of MB
and the MB Development Corporation, for
the purpose of extending the expiration
date of the Hotel Rehabilitation Program
with no additional funding)