RESOLUTION 89-19802 RESOLUTION NUMBER 89-19802
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 HOME OWNERSHIP 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; the
Urban-Rural Recovery Act of 1983 ; and the Housing and Community
Development 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 Fifteen
Final Statement of Objectives and Projected Use of Funds to the
U.S. Department of Housing and Urban Development, for a total of
$2 , 240, 960 in block grant resources; of which $1, 883 , 000 are Year
Fifteen entitlement funds, and $4 , 960 are reprogrammed prior year
funds, and $353 , 000 is estimated program income, of which only
$33 , 000 is available for Year Fifteen 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 home ownership
program to improve neighborhood and housing conditions for low and
moderate income persons; and
WHEREAS, the Provider will receive a total amount of One
Hundred Thirty-Seven Thousand Two Hundred One dollars ($137, 201)
from Year Fifteen 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 the U.S. Department of Housing and Urban
Development; 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 15th DAY OF November , 1989 .
VICE-MAYOR
ATTEST:
FORM APPROVED
LEGAL DEPT.
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CITY CLERK Date4� Ze
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OFFICE OF THE CITY MANAGER CITY HALL
ROB W.PARKINS 1700 CONVENTION CENTER DRIVE
CITY MANAGER TELEPHONE: 673-7010
COMMISSION MEMORANDUM NO, (` CV/
DATE: November 15 , 1989
TO: Mayor Alex Dao .nd
Members of e City Commi ,io
FROM: Rob W. Par s Tr y'rI/'
City Manager ,/1
SUBJECT: APPROVAL OF TWO (2) CONTRACTUAL AGREEMENTS NECESSARY TO
IMPLEMENT THE YEAR FIFTEEN (15) COMMUNITY DEVELOPMENT
BLOCK GRANT PROGRAM ACTIVITIES
On July 26, 1989, the City Commission adopted Resolution 89-19680
which approved the Year Fifteen (15) Community Development "Final
Statement of Objectives and Projected Use of Funds" for the program
year which commenced on October 1, 1989, and continues through
September 30, 1990. Subsequent to City Commission approval, the
"Final Statement" was submitted and accepted by the U.S. Department
of Housing and Urban Development. In order to implement the
various projects and programs which were approved, it is necessary
to prepare and execute contractual agreements for such.
On October 4, 1989, you approved sixteen (16) CDBG contracts, and
we apprised you that at a subsequent Commission meeting, two (2)
additional contracts would be presented for your approval.
•
Therefore, at this time the following contractual agreements are
recommended for approval. Funds are available in Fund 135 - Year
15 CDBG program.
1) Miami Beach Development Corporation (MBDC) - Commercial
Revitalization Program - $309,799
Location: Eligible CD Target areas •
This project provides -funding for commercial rehabilitation/
facade grants to property owners and leaseholders.
Additionally, the State Loan component of the project provides
administrative support funding to MBDC in order to secure
direct loans or loan guarantees for commercial
•
revitalization/business expansion.
2) Miami Beach Development Corporation (MBDC) - Home Ownership
Program - $137, 201
Location: Eligible CD Target areas
This project enables eligible low and moderate income persons
who may be having difficulty meeting rising rent costs, to own
their personal condominium units in the City of Miami Beach.
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AGENDA1.\")
ITEM �-- -
C
DATE I - F (
COMMISSION MEMO
PAGE 2
ADMINISTRATION RECOMMENDATION:
To authorize the execution of the necessary contractual agreements
to implement the Year Fifteen (15) CDBG activities which were
approved on July 26, 1989, via Resolution #89-19680. It is
essential that these agreements be approved at this Commission
meeting because the Year 15 program commenced on October 1, 1989.
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ORIGINAL
RESOLUTION NO. 89-19802
Authorizing and directing the execution of
an agreement between the City of Miami
Beach and the Miami Beach Development Cor-
poration (MBDC) , for the purpose of fund-
ing a home ownership program.