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RESOLUTION 84-17957 RESOLUTION NO. 84-17957 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING RESOLUTION NUMBER 83-17535 AND AUTHORIZING AND DIRECTING THE EXECUTION OF AN AMENDMENT TO THE AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND THE MIAMI BEACH DEVELOPMENT CORPORATION FOR THE PURPOSE OF FUNDING A PROJECT TO RENOVATE THE COLONY THEATER. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH: WHEREAS, the City of Miami Beach and the Miami Beach Development Corporation have entered into an agreement for the purpose of funding renovations to the Colony Theater, located at 1040 Lincoln Road; and 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 will create permanent employment opportunities for City residents; and WHEREAS, the parties to the agreement are desirous of amending the Agreement and extending the expiration date to September 30, 1985 with no other changes to the Agreement; and WHEREAS, the Agreement makes provisions for modifying said Agreement as an amendment thereto; and WHEREAS, the City Commission deems it to be in the best interests of the City, its 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 hereby authorized and directed to execute an amendment 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 19th day of December _, 1984. MAYOR Attest: FORM LEGAL i PT. fa-i,e eC7-et-A,4 CITY CLERK By Date ORIGINAL . RESOLUTION NO. 84-17957 (Amending Resolution No. 83-17535 and authorizing and directing the execut- ion of an amendment to the agreement bet- ween the City of Miami Beach and the Miami Beach Development Corporation for the purpose of funding a project to re- novate the Colony Theater.)