HomeMy WebLinkAboutR-21-0423City of Miami
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Resolution: R-21-0423
File Number: 10785
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 10/14/2021
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT
BLOCK GRANT FUNDS GENERATED FROM FEBRUARY 1, 2021 TO
AUGUST 31, 2021 IN THE AMOUNT OF $182,617.11 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 ("HCD") receives
various types of repayments from loans provided to developers and homeowners; and
WHEREAS, from February 1, 2021 to August 31, 2021, HCD collected $182,617.11 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, HCD recommends the allocation of the program income generated from
February 1, 2021 to August 31, 2021 in the total amount of $182,617.11 to the activities
specified in Exhibit "A," attached and incorporated, which are eligible CDBG 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 CDBG program income generated from February 1, 2021 to
August 31, 2021 in the amount of $182,617.11 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, all in forms acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption.
' 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: 10785 (Revision:) Printed On: 1012512021
File ID: 10785
Enactment Number: R-21-0423
APPROVED AS TO FORM AND CORRECTNESS:
1
Vft6ria-Vrdel, City Attor iey 10/412021
City of Miami Page 2 of 2 File ID: 10785 (Revision:) Printed on: 1012512021