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RESOLUTION 85-18124 RESOLUTION NO: 85-18124 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH APPROVING IN PRINCIPLE THE APPLICATIONS FOR URBAN DEVELOPMENT ACTION GRANTS (UDAG) FROM THE U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR THE NAUTILUS BEACH HOTEL PROJECT TO PROVIDE 243 FIRST-CLASS HOTEL ROOMS, NEW RESTAURANT FACILITIES, POOL, LOBBY AND COMMUNITY ROOMS BY RESORT HOTELS INTERNATIONAL, INC. WHEREAS, the City of Miami Beach is desirous of participating in the UDAG program to enable private/public partnerships to join in the economic development of the City; and WHEREAS, public hearings were scheduled and held on July 8 and July 9, 1985 to provide additional opportunity for citizen comment and input regarding this UDAG application; and WHEREAS, it is deemed important to the success of this project to apply for an Urban Development Action Grant from the U. S. Department of Housing and Urban Development; NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the City Commission hereby approves the filing of an application for an Urban Development Action Grant for the Nautilus Beach Hotel Project to provide 243 first-class hotel rooms, new restaurant facilities, pool, lobby and community rooms by Resorts Hotels International; and further authorizes the City Manager to execute and file said application in a timely manner, providing for compliance with applicable regulations, and allowing for adjustments to the final UDAG application. PASSED and ADOPTED this l0 thday of July , 1985. MAYOR ATTEST: -??D CITY CLERK RWP/SLR/lk FO R M F. ,: . .�. F SSS:j • ti v 4111.44411 604,,Lid ORIGINAL RESOLUTION NO. 85-18124 (Approving in principal the applications for Urban Development Action Grants (UDAG) from the U.S. Department of Housing and Urban Development for the Nautilus Beach Hotel Project to provide 243 first-class hotel rooms, new restaurant facilities, pool, lobby and community rooms by resort hotels International, Inc.)