RESOLUTION 87-18818 RESOLUTION NO. 87-18818
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, AMENDING THE AGREEMENT
BETWEEN THE CITY OF MIAMI BEACH AND THE MIAMI
BEACH DEVELOPMENT CORPORATION ADOPTED BY
RESOLUTION #85-18215 AND #86-18600, AUTHORIZING AN
INCREASE OF COMMUNITY DEVELOPMENT BLOCK GRANT
FUNDS IN THE AMOUNT OF $55,000 IN ORDER TO FUND
FACADE IMPROVEMENTS ON LINCOLN ROAD, AND
AUTHORIZING AN EXTENSION TO THE TERM OF THE
AGREEMENT TO DECEMBER 31, 1987.
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI
BEACH, FLORIDA:
WHEREAS, the City of Miami Beach and the Miami Beach Development
Corporation have entered into an Agreement for the purpose of funding a South
Miami Beach Commercial Revitalization Program; and
WHEREAS, program success has created a demand for expanding facade
improvements to all of Lincoln Road Mall; and
WHEREAS, the $55,000 necessary for improvements on Lincoln Road is
available from CDBG funds and will be matched by Metropolitan Dade County;
and
WHEREAS, Miami Beach Development Corporation represents that it can
successfully achieve its contractual goals by December 31, 1987; and
WHEREAS, the parties to the Agreement are desirous of amending 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 interest 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 the Amendment attached as part
hereof, to the Agreement with the Miami Beach Development Corporation in the
name of 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 15 day of April 1987.
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MOR
ATTEST:
FORMAPPROVED
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LEGAL DEPL.
CITY CLERK
STP/dd Date
ORIGINAL
RESOLUTION NO. 87-18818
(Amending the agreement between the City
of Miami Beach and the Miami Beach Develop-
ment Corporation adopted by Res. #85-18215
and 86-18600, authorizing an increase of
Community Development Block Grant funds
in the amount of $55,000 in order to fund
Facade Improvements on Lincoln Road, and
authorizing an extension to the term of
the agreement to December 31, 1987)