HomeMy WebLinkAboutAgenda Item Summary Forme,,.„A„ * AGENDA ITEM SUMMARY FORM
� File ID: #12503
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Date: 08/31/2022 Requesting Department: Department of
Housing and Community Development
Commission Meeting Date: 10/13/2022 Sponsored By:
Type: Resolution
Subject: Auth. City Ma
Purpose of Item:
District Impacted: All
r - Allocate CDBG Proaram Income
AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS GENERATED FROM APRIL 1,
2022 TO JULY 31, 2022 IN THE AMOUNT OF $196,481.48 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 April 1, 2022 to July 31, 2022, the Department collected $196,481.48 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 April 1,
2022 to July 31, 2022 in the amount of $196,481.48 to the activities specified in Exhibit
"A," attached and incorporated; which are eligible CDBG activities.
Budget Impact Analysis
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Item is an Expenditure
Total Fiscal Impact:
$196,481.48
Special Revenue Account No: 14001.910101.469000.0000 (CDBG)
Reviewed By
Department of Community and Economic Development
Review Completed
09/15/2022 12:08 PM
Office of Management and Budget
Luis Hernandez -Torres
Office of Management and Budget
Marie Gouin
City Manager's Office
Larry M. Spring
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 M6ndez
City Commission
Maricarmen Lopez
Office of the City Clerk
City Clerk's Office
George Mensah Department Head
Budget Analyst Review
Completed
09/16/2022 8:21 AM
Budget Review
Completed
09/16/2022 12:16 PM
Assistant City Manager Review
Completed
09/20/2022 9:21 AM
City Manager Review
Completed
09/20/2022 11:16 AM
Legislative Division Review
Completed
09/27/2022 10:21 AM
ACA Review
Completed
09/29/2022 5:34 PM
Approved Form and Correctness
Completed
09/30/2022 10:10 AM
Meeting
Completed
10/13/2022 9:00 AM
Rendered
Completed
10/19/2022 1:04 PM
City of Miami
Legislation
Resolution
Enactment Number: R-22-0391
File Number: 12503
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date:10/13/2022
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") FUNDS GENERATED FROM APRIL 1, 2022 TO JULY 31, 2022, IN
THE AMOUNT OF $196,481.48 FOR ELIGIBLE HOUSING AND ECONOMIC
DEVELOPMENT ACTIVITIES, AS 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
("Program Income") that are required to be used for eligible program activities; and
WHEREAS, from April 1, 2022 to July 31, 2022, the Department collected an amount of
$196,481.48 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 from April 1, 2022 to July 31, 2022, in the total amount of $196,481.48, 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 April 1, 2022 to
July, 31, 2022, in the amount of $196,481.48, 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, 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.
APPROVED AS TO FORM AND CORRECTNESS:
Vf ria i dez, ity ttor ey 9/30/2022
Pursuant to the resolution, this item became effective immediately upon adoption by the Commission.