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HomeMy WebLinkAboutAgenda Item Summary FormG1�Y OF "v AGENDA ITEM SUMMARY FORM File ID: #8312 Date: 12/07/2020 Requesting Department: Department of Housing and Community Development Commission Meeting Date: 01/28/2021 Sponsored By: Ken Russell District Impacted: All Type: Resolution Subject: Transfer Funds - Community Development Block Grant Purpose of Item: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), TRANSFERRING COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS IN THE AMOUNT OF $1,360,672.20 FROM THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT TO THE AGENCIES/AND OR DEPARTMENTS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS, FOR SAID PURPOSE. Background of Item: Pursuant to Resolution No. R-20-0382, adopted on November 19, 2020, the Miami City Commission allocated Community Development Block Grant ("CDBG") funds in the Economic Development category for program year 2020-2021, in an amount of $1,360,672.20 to the Department of Housing and Community Development ("Department"). There is a need to re -allocate these funds to the agencies/and or departments, specified in the Exhibit "A" for economic development activities to expedite the spending of funds. The City Administration recommends the transfer of CDBG funds in the amount of $1,360,672.20 from the Department to the agencies/and or departments specified in Exhibit "A," attached and incorporated, for Economic Development activities. Budget Impact Analysis Item is an Expenditure Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: $1,360,672.20 Special Revenue Account No: 14001.910199.883000 (CDBG) Reviewed By Department of Community and Economic Development Review Completed 12/08/2020 8:26 AM Office of Management and Budget Luis Hernandez -Torres Office of Management and Budget Leon P Michel City Manager's Office Fernando Casamayor 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 City Clerk City Clerk's Office George Mensah Department Head Budget Analyst Review Completed 12/08/2020 9:31 AM Budget Review Completed 12/08/2020 5:49 PM Assitant City Manager Review Completed 12/08/2020 8:45 PM City Manager Review Completed 12/09/2020 8:25 AM Legislative Division Review Completed 12/09/2020 9:43 AM ACA Review Completed 01/12/2021 6:58 PM Deputy City Attorney Review Completed 01/13/2021 7:36 AM Approved Form and Correctness Completed 01/19/2021 11:31 AM Meeting Completed 01/28/2021 9:00 AM Rendered Completed 02/01/2021 1:06 PM �tzY,°v City of Miami City Hall " * `IIL111 IIATtA k ' „ 11 Legislation 3500 Pan American Drive Miami, FL 33133 r R % www.miamigov.com Resolution Enactment Number: R-21-0037 File Number: 8312 Final Action Date:1/28/2021 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), TRANSFERRING COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS IN THE AMOUNT OF $1,360,672.20 FROM THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT TO THE AGENCIES AND/OR DEPARTMENTS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING 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, pursuant to Resolution No. R-20-0382 adopted on November 19, 2020, the City Commission allocated Community Development Block Grant ("CDBG") funds in the economic development category for program year 2020-2021 in the amount of $1,360,672.20 ("Funds") to the Department of Housing and Community Development ("Department'); and WHEREAS, there is a need to re -allocate the Funds to the agencies and/or departments specified in Exhibit "A," attached and incorporated, for economic development activities to expedite the spending of the Funds; and WHEREAS, the City Administration recommends the transfer of the Funds from the Department to the agencies and/or departments specified in Exhibit "A," attached and incorporated, for economic development 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 transfer of the Funds from the Department to the agencies and/or departments specified in Exhibit "A," attached and incorporated, for economic development activities is authorized.' Section 3. The City Manager is authorized' to negotiate and execute any and all necessary documents, including but not limited to 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. ' 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. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: 1 &ina City Httor ey 1/19/2021 Pursuant to the resolution, this item became effective immediately upon adoption by the Commission.