R7S - Approve Homestead and Tenant Relief Programs

A RESOLUTION OF THE MAYOR AND CITY COMMISSION APPROVING THE MIAMI BEACH HOMESTEAD AND TENANT RELIEF PROGRAMS, PROVIDING A ONE-TIME $500 PAYMENT TO THE OWNER(S) OF EACH HOMESTEADED PARCEL (LIMITED TO ONE PAYMENT PER PARCEL), AND PROVIDING A ONE-TIME $500 PAYMENT TO ONE ELIGIBLE TENANT PER RENTAL UNIT, WITH A TOTAL PROPOSED ALLOCATION FOR BOTH PROGRAMS AMOUNTING TO $11,000,000; AND WAIVING THE REQUIREMENT OF RESOLUTION NO. 2002-24764 THAT YEAR-END SURPLUSES, AFTER FUNDING RESERVES, ARE TO BE TRANSFERRED TO THE CAPITAL RESERVE FUND.