Miami-Dade Legislative Item
File Number: 080093
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File Number: 080093 File Type: Resolution Status: Deferred in Committee
Version: 0 Reference: Control: Governmental Operations and Environment Committee
File Name: GOB PROGRAM PROJECT NUMBER 318-MLK BUSINESS CENTER Introduced: 1/7/2008
Requester: NONE Cost: Final Action:
Agenda Date: Agenda Item Number: 5
Notes: note to cao: item filed in commissioner's folder Title: RESOLUTION APPROVING DELETION OF BUILDING BETTER COMMUNITIES GENERAL OBLIGATION BOND PROGRAM PROJECT NUMBER 318 - ”MARTIN LUTHER KING - BUSINESS CENTER” IDENTIFIED IN APPENDIX A TO RESOLUTION R. 914-04; APPROVING ADDITION OF A NEW PROJECT (PROJECT 335-“MARTIN LUTHER KING BUSINESS CENTER – NEW FACILITY”) TO APPENDIX A TO RESOLUTION NO. R-917-04; AND APPROVING ALLOCATION OF $5 MILLION TO NEW PROJECT NO. 335 TO BE FUNDED FROM INTEREST EARNINGS GENERATED FROM GENERAL OBLIGATION BOND (BUILDING BETTER COMMUNITIES BOND PROGRAM), SERIES 2005
Indexes: GOVERNMENT OBLIGATION BONDS
Sponsors: Audrey M. Edmonson, Prime Sponsor
Sunset Provision: No Effective Date: Expiration Date:
Registered Lobbyist: None Listed


Legislative History

Acting Body Date Agenda Item Action Sent To Due Date Returned Pass/Fail

Governmental Operations and Environment Committee 1/18/2008 3B Withdrawn
REPORT: (See Agenda Item 3B Substitute; Legislative File No. 080133)

County Attorney 1/7/2008 Referred Governmental Operations and Environment Committee 1/15/2008

County Attorney 1/7/2008 Assigned Geri Bonzon-Keenan

Legislative Text


TITLE
RESOLUTION APPROVING DELETION OF BUILDING BETTER COMMUNITIES GENERAL OBLIGATION BOND PROGRAM PROJECT NUMBER 318 - ”MARTIN LUTHER KING - BUSINESS CENTER” IDENTIFIED IN APPENDIX A TO RESOLUTION R. 914-04; APPROVING ADDITION OF A NEW PROJECT (PROJECT 335-“MARTIN LUTHER KING BUSINESS CENTER – NEW FACILITY”) TO APPENDIX A TO RESOLUTION NO. R-917-04; AND APPROVING ALLOCATION OF $5 MILLION TO NEW PROJECT NO. 335 TO BE FUNDED FROM INTEREST EARNINGS GENERATED FROM GENERAL OBLIGATION BOND (BUILDING BETTER COMMUNITIES BOND PROGRAM), SERIES 2005

BODY
WHEREAS, pursuant to Resolution No. R-914-04 (the “Public Infrastructure Resolution”), the voters approved the issuance of general obligation bonds to construct and improve, among other things, public infrastructure in an amount not to exceed $352,182,000; and
WHEREAS, pursuant to Resolution No. R-917-04 (the “Outreach Facilities Resolution”), the voters approved the issuance of general obligation bonds to construct and improve, among other things, public service outreach facilities in an amount not to exceed $255,070,000; and
WHEREAS, Appendix A to the Public Infrastructure Resolution and the Outreach Facilities Resolution, respectively, each list projects eligible for funding from the Building Better Communities General Obligation Bond Program (the “BBC Program”) by project number, municipal project location, BCC district, project name, project description, street address and project funding allocation; and
WHEREAS, one of the projects listed in Appendix A to the Public Infrastructure Resolution and approved by the voters for funding is Project No. 318 – “Martin Luther King – Business Center” with an allocation of $5,000,000 and a project description that states: “[p]rovide infrastructure improvements to spur economic development and attract new businesses to the community in order to create jobs”; and
WHEREAS, construction of a new business center is necessary to provide public services outreach and to increase neighborhood and community access to services in Liberty City; and
WHEREAS, all additions, deletions and significant modifications to individual projects or to Appendix A to the Public Improvement Resolution and the Outreach Facilities Resolution require a majority vote of the Board after a public hearing; and
WHEREAS, this board wishes to delete Project No. 318 – “Martin Luther King – Business Center” from Appendix A to the Public Infrastructure Resolution and add a new Project No. 335 – “Martin Luther King Business Center – New Facility” to Appendix A to the Outreach Facilities Resolution; and
WHEREAS, this Board wishes to allocate $5,000,000 from interest earnings generated from BBC Program bond proceeds to fund Project No. 335 – “Martin King Business Center – New Facility”,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that:
Section 1. The foregoing recitals are incorporated in this resolution and are approved.
Section 2. This Board approves the deletion of BBC Program Project No. 318 – Martin Luther King – Business Center” identified in Appendix A to the Public Infrastructure Resolution after a public hearing, but reserves the $5,000,000 allocated to Project No. 318 for future allocation by this Board pursuant to a public hearing.
Section 3. This Board approves the addition of BBC Program Project No. 335 – “Martin Luther King Business Center – New Facility” to Appendix A to the Outreach Facilities Resolution after a public hearing. The “Municipal Project Location” and “BCC District” for Project No. 335 shall read “City of Miami” and “District 3”, respectively. The “Project Description” for Project No. 335 shall read as follows: “Revitalization of the MLK Business Center.” The “Street Address” shall read “6100 NW 7th Avenue.” The “Allocation (000s)” shall read “$5,000.”
Section 4. This Board hereby allocates $5,000,000 from interest earnings generated from BBC Program bond proceeds to fund Project No. 335 – “Martin King Business Center – New Facility.”



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