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HomeMy WebLinkAboutR-22-0202°xCity of Miami �y�`_ Resolution R-22-0202 alldl 11 li.Rl I + Legislation File Number: 11898 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 6/9/2022 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS GENERATED FROM SEPTEMBER 1, 2021 TO MARCH 31, 2022 IN THE AMOUNT OF $220,842.35 TO THE CATEGORIES SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, 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; and WHEREAS, from September 1, 2021 to March 31, 2022, the Department collected $220,842.35 in Community Development Block Grant ("CDBG") program income; and WHEREAS, pursuant to CDBG regulations 24 CFR Part 570.504, program income must be used for eligible CDBG activities; and WHEREAS, the Department recommends the allocation of the program income generated September 1, 2021 to March 31, 2022, in the amount of $220,842.35, 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 September 1, 2021 to March 31, 2022, in the amount of $220,842.35, 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, in a form acceptable to the City Attorney, to implement said allocation. Section 4. This Resolution shall become effective immediately upon its adoption and ' 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: 11898 (Revision:) Printed On: 612212022 File ID: 11898 Enactment Number: R-22-0202 signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: 1 "na dez,City Httor iey 5/25/2022 2 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. City of Miami Page 2 of 2 File ID: 11898 (Revision:) Printed on: 6/22/2022