HomeMy WebLinkAboutR-21-0167City of Miami
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Legislation
Resolution: R-21-0167
File Number: 8721
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 4/22/2021
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT
BLOCK GRANT ("CDBG") FUNDS GENERATED FROM AUGUST 1, 2020 TO
JANUARY 31, 2021 IN THE AMOUNT OF $139,770.27 FOR ELIGIBLE
HOUSING AND ECONOMIC DEVELOPMENT ACTIVITIES SPECIFIED IN
EXHIBIT "A," ATTACHED AND INCORPORATED; FURTHER AUTHORIZING
THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL
NECESSARY DOCUMENTS, ALL IN FORMs ACCEPTABLE TO THE CITY
ATTORNEY, FOR SAID PURPOSE.
WHEREAS, the Department of Housing and Community Development ("Department")
periodically receives various types of repayments from loans provided to developers and
homeowners ("Funds"); and
WHEREAS, from August 1, 2020 to January 31, 2021, the Department has collected an
amount of $139,770.27 in Community Development Block Grant ("CDBG") program income;
and
WHEREAS, pursuant to CDBG regulation 24 CFR Part 570.504, program income must
be used for eligible CDBG activities; and
WHEREAS, the Department recommends the allocation of the CDBG program income
that was generated from August 1, 2020 to January 31, 2021 in the amount of $139,770.27 for
eligible housing and economic development activities specified in Exhibit "A," attached and
incorporated;
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 program income from CDBG funds generated from August
1, 2020 to January 31, 2021 in the amount of $139,770.27 for eligible housing and economic
development activities 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, all in forms acceptable to the City Attorney, for said purpose.
' The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to those prescribed by applicable City Charter and City Code
provisions.
City of Miami Page 1 of 2 File ID: 8721 (Revision:) Printed On: 412812021
File ID: 8721
Enactment Number: R-21-0167
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
1
i ' 4naindee CCilty Attor ey 3/30/2021
City of Miami Page 2 of 2 File ID: 8721 (Revision:) Printed on: 412812021