RESOLUTION 87-19023 V
RESOLUTION NUMBER 87-19023
A RESOLUTION OF THE CITY COMMISSION OF THE
� � CITY OF
MIAMI BEACH, FLORIDA, AUTHORIZING AND
DIRECTING THE EXECUTION�� �it------ OF AN AGREEMENT1 '
BETWEEN THE CITY OF MIAMI BEACH AND THE
`g ��� MIAMI BEACH REDEVELOPMENT AGENCY FOR THE
L� �
PURPOSE OF FUNDING A SPECIAL ECONOMIC
DEVELOPMENT ACTIVITY ENTITLED THE SOUTH
POINTE CO-DEVELOPMENT PROJECT
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, THAT,
WHEREAS, the City of Miami Beach, hereinafter referred to as the
"City", is authorized by Commission Memorandum Number 5467 dated
January 21, 1976 to prepare an Application for a CommunityDevelopment
Block Grant, hereinafter referred to • P
as "CDBG Funds" and to design and
implement such systems as are necessary to insure that the Community
Development Program is developed, conducted
p , and administered in
accordance with Title I of the Housing and Community Development Act
of 1974, as amended, and anyFederalP
Regulations promulgated
thereunder, as well as applicable State and Local Authorities, and in such
capacity is authorized to enter into and execute agreements with other
Departments and Agencies within g
g the City; and
WHEREAS, the City has duly submitted the Year Thirteen Final
Statement of Objectives and Projected Use of Funds to the United States
Department of Housing and Urban Development, hereinafter referred d to
as "HUD", for a total of $2,325,100 in block rantof which
$1,920,000 are Year Thirteeng resources;
entitlement funds, and $174,300 are
reprogrammed prior year funds, and $230,800 is anticipated program
r
income, of which $68,700 is available forp ;
Year Thirteen projects, and
WHEREAS, the City desires to enter into a contract with the Miami
Beach Redevelopment Agency hereinafter referred to as the "Provider"
for the purpose of develop ng the :;oath Poir to area; and '
WHEREAS, the Provider will receive a total amount of fifty
thousand dollars ($50,000) from Year Thirteen (13) y
CDBG funds, to be
used for the above stated purpose; and together with the unexpended
g P d
balance of Year Twelve (12) funds allocated for the South Pointe
Program; and
WHEREAS, the CDBG funds are conditional upon theapproval for
release of funds from HUD; and
WHEREAS, the City Manager has recommended to the City
Agreement be entered into;
Commission that said
and
WHEREAS, an appropriate Agreement has beenreared and has
been approved as to legal formp p
g and sufficiency by the City Attorney,
which Agreement sets forth the terms and conditions of saidJ
ro'ect; and
P
WHEREAS, the City Commission deems it to be in the best interests
of the City and its residents and citizens that said Agreement be entered
into; g
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
agreement with the Miami Beach Redevelopment Agency, on behalf of the
City, and the disbursing officers of the City are hereby authorized and
directed to disburse the funds required by the terms of said Agreement
from CDBG funds hereafter allocated for said purpose.
PASSED AND ADOPTED THIS 7 DAY OF October , 1987.
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ATTEST:
O'ATTEST:
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CITY CLERK
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„ *ivume
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