HomeMy WebLinkAboutAgenda Item Summary FormG1�Y OF "v
AGENDA ITEM SUMMARY FORM
File ID: #7857
Date: 09/09/2020 Requesting Department: Department of
Housing and Community Development
Commission Meeting Date: 10/22/2020 Sponsored By:
District Impacted: All
Type: Resolution
Subject: Allocate Funds - HOME Investment Partnership Program
Purpose of Item:
AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM HOME
INVESTMENT PARTNERSHIP ("HOME") PROGRAM FUNDS, GENERATED FROM
FEBRUARY 1, 2020 TO JULY 31, 2020 IN THE TOTAL AMOUNT OF $193,998.06 TO
THE CATEGORIES SPECIFIED IN EXHIBIT "A" ATTACHED AND INCORPORATED;
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL
NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
ANY AND ALL DOCUMENTS INCLUDING AMENDMENTS, RENEWALS,
EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY FOR THE
COMPLETION OF SAID ACTIVITIES, SUBJECT TO ALL FEDERAL, STATE, AND
LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS.
Background of Item:
The Department of Housing and Community Development ("Department") receives
various types of repayments from loans provided to developers and homeowners,
referred to as program income that are required to be used for eligible program
activities.
From February 1, 2020 to July 31, 2020 the Department collected $193,998.06 in Home
Investment Partnership ("HOME") program income.
Pursuant to HOME regulations 24 CFR Part 92.503, program income must be used for
eligible HOME activities.
The City Administration recommends the allocation of the program income generated
February 1, 2020 to July 31, 2020 in the total amount of $193,998.06, as specified in
Exhibit "A" attached and incorporated, which are eligible HOME activities.
Budget Impact Analysis
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Item is an Expenditure
Total Fiscal Impact:
$193,998.06
Special Revenue Account No: 14002.910101.469000
Reviewed By
Department of Community and Economic Development
Review Completed
09/25/2020 10:22 AM
Office of Management and Budget
Luis Hernandez -Torres
Office of Management and Budget
Christopher M Rose
City Manager's Office
Sandra Bridgeman
City Manager's Office
Arthur Noriega V
Legislative Division
Valentin J Alvarez
Office of the City Attorney
Richard Appleton
Office of the City Attorney
Barnaby L. Min
Office of the City Attorney
Victoria Mendez
City Commission
Nicole Ewan
Office of the Mayor
Mayor's Office
Office of the City Clerk
City Clerk's Office
Office of the City Clerk
City Clerk's Office
George Mensah
Department Head
Budget Analyst Review
Completed
Budget Review
Completed
Assistant City Manager Review
Completed
City Manager Review
Completed
Legislative Division Review
Completed
ACA Review
Completed
Deputy City Attorney Review
Completed
Approved Form and Correctness
Completed
Meeting
Completed
Signed by the Mayor
Completed
Signed and Attested by the City Clerk
Completed
Rendered
Completed
10/02/2020 4:22 PM
10/05/2020 9:08 AM
10/08/2020 3:46 PM
10/09/2020 12:01 PM
10/09/2020 1:19 PM
10/09/2020 6:54 PM
10/09/2020 9:35 PM
10/13/2020 5:21 PM
10/22/2020 9:00 AM
10/30/2020 5:09 PM
10/30/2020 5:14 PM
10/30/2020 5:14 PM
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City of Miami
City Hall
I1f 111 111T11 X'
„ 11 3500 Pan American Drive
Legislation Miami, FL 33133
r R % www.miamigov.com
Resolution
Enactment Number: R-20-0344
File Number: 7857 Final Action Date:10/22/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FROM HOME INVESTMENT PARTNERSHIP
("HOME") PROGRAM FUNDS GENERATED FROM FEBRUARY 1, 2020 TO JULY 31,
2020 IN THE TOTAL AMOUNT OF $193,998.06 TO THE CATEGORIES SPECIFIED
IN EXHIBIT "A," ATTACHED AND INCORPORATED; AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY
DOCUMENTS, INCLUDING ANY AND ALL AMENDMENTS, EXTENSIONS, AND
MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY,
SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE
USE OF SUCH FUNDS, FOR SAID PURPOSE.
WHEREAS, the Department of Housing and Community Development ("Department")
receives various types of repayments from loans provided to developers and homeowners,
which are often referred to as program income, that are required to be used for eligible program
activities; and
WHEREAS, from February 1, 2020 to July 31, 2020, the Department collected
$193,998.06 in Home Investment Partnership ("HOME") program income; and
WHEREAS, pursuant to HOME regulation 24 CFR Part 92.503, program income must
be used for eligible HOME activities; and
WHEREAS, the City of Miami's Administration recommends the allocation of the
program income generated from February 1, 2020 to July 31, 2020 in the total amount of
$193,998.06 as more particularly specified in Exhibit "A," attached and incorporated, for eligible
HOME activities;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The allocation of HOME program income from February 1, 2020 to July 31,
2020 in the amount of $193,998.06 to the categories specified in Exhibit "A," attached and
incorporated, is authorized.'
Section 3. The City Manager is authorized' to negotiate and execute any and all
necessary documents, including any and all amendments, extensions, and modifications, all in
' The herein authorization is further subject to compliance with all requirements that may be imposed by
the City Attorney, including but not limited to those prescribed by applicable City Charter and Code
provisions.
forms acceptable to the City Attorney, subject to all federal, state, and local laws that regulate
the use of such funds, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
1
Una ndez, Ciky Hktor iey 10/13/2020
Z If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.