HomeMy WebLinkAboutR-21-0352City of Miami
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Legislation
Resolution: R-21-0352
File Number: 10620
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 9/13/2021
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING $137,639,417 IN AMERICAN RESCUE PLAN FUNDS ("FUNDS")
FOR THE PURPOSES SPECIFIED IN EXHIBIT "A," ATTACHED AND
INCORPORATED, AS AMENDED BY THE CITY COMMISSION, PROVIDED
THAT THE CITY OF MIAMI RECEIVES AND ACCEPTS AN ADDITIONAL
ALLOCATION OF $68,819,708.50 IN AMERICAN RESCUE PLAN FUNDS
FROM THE UNITED STATES DEPARTMENT OF THE TREASURY IN THE
YEAR 2022 AS DESCRIBED HEREIN; 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 THE
FUNDS FOR SAID PURPOSE.
SPONSOR(S): Mayor Francis X. Suarez
WHEREAS, on March 11, 2021, President Joseph R. Biden signed the American
Rescue Plan Act of 2021 ("American Rescue Plan") into law; and
WHEREAS, the American Rescue Plan is a historic emergency financial relief and
investment package that addresses the unprecedented public health and economic crisis of the
Novel Coronavirus ("COVID-19") pandemic; and
WHEREAS, on June 7, 2021, the United States Department of the Treasury ("Treasury")
provided $68,819,708.50 ("Initial Allocation") to the City of Miami ("City") pursuant to the
American Rescue Plan; and
WHEREAS, on June 24, 2021, the City accepted the Initial Allocation from the Treasury
pursuant to Resolution No. R-21-0268; and
WHEREAS, the City is expected to receive an additional allocation of $68,819,708.50 in
American Rescue Plan funds from the Treasury in the year 2022 ("Balance") for a total amount
of $137,639,417.00 in American Rescue Plan funds ("Total Amount of Funds"); and
WHEREAS, Exhibit "A", attached and incorporated, describes the specific allocations of
the Total Amount of Funds; and
WHEREAS, notwithstanding anything to the contrary contained herein, at the September
13, 2021 meeting, Exhibit "A," attached and incorporated, was amended to increase the amount
in the "City of Miami Employee Homeownership Program" from five hundred thousand dollars
($500,000.00) to two million dollars ($2,000,000.00) by taking one million five hundred thousand
dollars ($1,500,000.00) from the revenue loss category; and
City of Miami Page 1 of 2 File ID: 10620 (Revision: A) Printed On: 112812022
File ID: 10620
Enactment Number: R-21-0352
WHEREAS, the City's Administration recommends the allocation of the Total Amount of
Funds in accordance with Exhibit "A," attached and incorporated, as amended by the City
Commission, provided that the City receives and accepts the Balance in the year 2022;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY 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 the Total Amount of Funds for the purposes specified in
Exhibit 'A" attached and incorporated, as amended by the City Commission and described
herein, is authorized, provided that the City receives and accepts the Balance in the year 2022.1
Section 3. The City Manager is authorized' 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.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
1
&�na City Attor ey 1/2712022
' 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 2 of 2 File ID: 10620 (Revision: A) Printed on: 112812022