Reso 2006-880 - Laserfiche WebLink

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SECTION 3. ELIGIBILITY REQUIREMENTS A) Designated Projects Eligibility requirements for Applicants: . Active and duly registered Florida not-for-profit 501(c)(3) corporation. Comply with the County's Administrative Order 3-15. . Active and duly registered Florida for-profit corporation or recognized business entity. · Municipal entity or agency based in Miami-Dade County. · Owner or lessee of residential or commercial property located within Miami-Dade County on which the Designated Project shall be situated. . Financially stable including financial commitments to complete the Dcsignated Project. B) Fund Projects I. Funds Objcctives The Economic Development Fund (the "EDF") is a component of the Building Better Communities Bond Program and is available for the purpose of providing infrastructure improvements to spur economic development and attract new businesses to the community in ordcr to create jobs. The EDF includes $75 million that is available countywide and $15 million that is specifically focuscd on the County's designated Targeted Urban Areas. Eligible uses of the EDF include but are not limited to: infrastructure funding for road construction, water and sewer lines, fencing, sidewalks, entryways, lighting, and handicap accessibility; acquisition of land or buildings; and new construction of buildings; renovation of buildings. Ineligible uses of the EDF include but are not limited to: working capital; furniture and fixtures; office equipment; and othcr non-capital related expenses. The Historical Preservation Fund, the Primary Healthcare Facilities Fund and the Not-for- Profit Community Organization Capital Fund are a component of the Building Better Communi tics General Obligation Bond initiative for the purpose of funding projects that support the County's historic preservation, primary healthcare, and community agency infrastructure needs. These are capital projects that improve the quality of life for the County's citizens, enhance medical facilities, rehabilitate historic properties, save irreplaceable historic venues, and serve as a catalyst for prcserving and protecting Miami- Dadc County's future. Medical institutions, historically and culturally significant properties, and Community-Based Organizations needing capital funds for construction, renovation, and expansion of facilities within the community that meet the criteria for the following programs may be eligible for assistance from these funds. 2) Program Descriptions and Criteria a) Economic Development Fund. Building Better Communities Administrative Rules 7 of 22