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RESOLUTION 89-19526 RESOLUTION NUMBER 89-19526 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING AND DIRECTING THE EXECUTION OF AN AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND THE MIAMI BEACH DEVELOPMENT CORPORATION (MBDC) FOR THE PURPOSE OF FUNDING A DIRECT DEVELOPMENT ACTIVITIES PROGRAM 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 Community Development Block Grant, hereinafter referred to as "CDBG Funds" and to design and implement such systems as are necessary to insure that the Community Development Program is developed, conducted and administered in accordance with Title I of the Housing and Community Development Act of 1974, as amended, and the Housing and Community Act of 1987, and any Federal 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 the City; and WHEREAS, the City has duly submitted the Year Fourteen Final Statement of Objectives and Projected Use of Funds to the United States Department of Housing and Urban Development, hereinafter referred to as "HUD" , for a total of $2 , 560, 791 in block grant resources; of which $1, 812 , 000 are Year Fourteen entitlement funds, and $450, 991 are reprogrammed prior year funds, and $297, 800 is estimated program income, of which only $27 , 800 is available for Year Fourteen projects; and WHEREAS, the City desires to enter into a contract with the Miami Beach Development Corporation, hereinafter referred to as the "Provider" , for the purpose of funding a direct development program to improve neighborhood and housing conditions and to provide job opportunities for low and moderate income residents; and WHEREAS, the Provider will receive a total amount of One Hundred Thirty-Three Thousand Five Hundred Seventy-Eight dollars ($133 , 578) from Year Fourteen (14) CDBG funds, to be used for the above stated purpose; and WHEREAS, the CDBG funds are conditional upon the approval for release of funds from HUD; and WHEREAS, the City Manager has recommended to the City Commission that said Agreement be entered into; and WHEREAS, an appropriate Agreement has been prepared and has been approved as to legal form and sufficiency by the City Attorney, which Agreement sets forth the terms and conditions of said project; and 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; 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 Development Corporation, 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 1st DAY OF February , 1989. JAAA', _'1TOR ATTEST: CITY CLERK FORM APPROVED LE t, L DEP eetf /%4m I ead \PMS 8E"q FLORIDA 3 3 1 3 9 4'(*Nr, S tINCORIIIORAT ) ; "VACA TIONL,4NL) U. S. A. OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. 34 0 9 DATE: January 18, 1989 TO: Mayor Alex i••ud and c/ Members • the City Corn issi• -.405011000"-- it pr.\ FROM: Rob W. Park is City Manager ,, SUB.JECTAPPROVAL OF CDBG CONTRACTUAL AGREEMENT BETWEEN THE CITY AND THE MIAMI BEACH DEVELOPMENT CORPORATION FOR THE IMPLEMENTATION OF A DIRECT DEVELOPMENT PROGRAM A Year 14 CDBG Agreement between the City and the Miami Beach Development Corporation (MBDC) for a direct development activity is attached. The total CDBG allocation approved by the City Commission on October 5, 1988 , for MBDC was $416, 884 from Year 14 monies, plus the unexpended balance of Year 11, 12 and 13 funds allocated for commercial revitalization activities. The original Year 14 CDBG proposal from MBDC included a "Business Incubator" activity. MBDC has now requested that a "Home Ownership Direct Development" activity replace the "Business Incubator" activity. The "Home Ownership Direct Development" activity is designed to allow qualified low/moderate income individuals to buy their own condominium units in Miami Beach, south of Dade Boulevard. Of the total amount of Year 14 monies, $133 , 578 is to be used for the funding of the "Home Ownership Direct Development" activity. The proposal change from a business incubator concept to a home ownership activity was reviewed and approved by the Community Development Advisory Committee at its meeting of December 13 , 1988 . No further citizen participation procedures are necessary. ADMINISTRATION RECOMMENDATION To authorize the execution of the Year 14 CDBG contractual Agreement between the City and the Miami Beach Development Corporation for the "Home Ownership Direct Development" activity. 2 2 AGENDA .4-h ITEM DATE ORIGINAL RESOLUTION NO. 89-19526 (Authorizing and directing the execution of an agreement between the City of Miami Beach and the Miami Beach Development Corp, (MBDC) for the purpose of funding a direct activities program)