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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM w *'`o=R149� File ID: #11898 Date: 04/26/2022 Requesting Department: Department of Housing and Community Development Commission Meeting Date: 06/09/2022 Sponsored By: District Impacted: All Type: Resolution Subject: Allocate - CDBG Program Income Purpose of Item: 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, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. Background of Item: 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. From September 1, 2021 to March 31, 2022, the Department collected $220,842.35 in Community Development Block Grant ("CDBG') program income. Pursuant to CDBG regulations 24 CFR Part 570.504, program income must be used for eligible CDBG activities. 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. Budget Impact Analysis Item is an Expenditure Item is NOT funded by Bonds Item is NOT Related to Revenue Total Fiscal Impact: $220,842.35 Special Revenue Account No: 14001.910101.469000.0000 (CDBG) Reviewed By Department of Community and Economic Development Review Completed 04/26/2022 11:03 AM Office of Management and Budget Luis Hernandez -Torres Office of Management and Budget Marie Gouin 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 Victoria Mendez City Commission Maricarmen Lopez Office of the Mayor Mayor's Office Office of the City Clerk City Clerk's Office Office of the City Clerk City Clerk's Office George Mensah Department Head Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed City Manager Review Completed Legislative Division Review Completed ACA Review Completed Approved Form and Correctness Completed Meeting Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 04/27/2022 4:40 PM 04/29/2022 10:55 AM 05/17/2022 10:04 AM 05/17/2022 12:52 PM 05/18/2022 11:40 AM 05/25/2022 3:45 PM 05/25/2022 7:20 PM 06/09/2022 9:00 AM 06/17/2022 3:41 PM 06/17/2022 3:50 PM 06/17/2022 3:50 PM City of Miami Legislation Resolution Enactment Number: R-22-0202 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 signature of the Mayor.2 ' 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. Z 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. APPROVED AS TO FORM AND CORRECTNESS: 1 "na dez, City Attvr iey 5/25/2022