The URL can be used to link to this page

Home My WebLink AboutR-03-0479J-03-360 04/03/03 RESOLUTION NO. 03- 479— A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ALLOCATION OF FUNDS, IN THE AMOUNT OF $1,815,133.15, OF FISCAL YEAR 2003 HOMELAND DEFENSE/NEIGHBORHOOD IMPROVEMENT BONDS DESIGNATED FOR MODEL CITY HOMEOWNERSHIP ZONE PILOT PROJECTS, SPECIFICALLY, INFRASTRUCTURE IMPROVEMENTS TO REPLACE HOME INVESTMENT PARTNERSHIP PROGRAM (HOME) FUNDS USED FOR PROPERTY ACQUISITIONS IN FISCAL YEAR 2002 AND ANTICIPATED ACQUISITIONS IN FISCAL YEAR 2003. WHEREAS, the Model City Homeownership Zone Pilot Project is in its acquisition phase; and WHEREAS, the City of Miami ("City") utilized approximately $1.8 million of HOME Investment Partnership (HOME) Program Funds that had been appropriated for the Model City Homeownership Zone ("Zone") Pilot Project for the acquisition of properties in the Zone; and WHEREAS, the Department of Housing and Urban Development ("HUD") regulations require that the project have a reasonable expectation of commencement within twelve (12) months of the participating jurisdiction (the City in this instance) setting MAY 0 8 2003 Rf"i9y, cam. 03- 479 up the expense in the federal Information and Disbursement System, ("IDIS"); and WHEREAS, construction on the project has not commenced within 12 months of closing on the properties when the expense was set up in IDIS; and WHEREAS, the Model City Trust ("Trust") received written correspondence from the Department of Community Development advising that the costs incurred in Fiscal Year 2002 was disallowed because of its finding that the Trust's expenses did not conform with HUD's Regulations; and WHEREAS, the Trust's acquisition effort has been delayed substantially, in part, because of the considerable period of time required for processing the environmental clearance and a variety of changes in administration; and WHEREAS, construction may not occur until Spring 2004 with the projected release of a Request for Proposals for the Phase I Development anticipated in Summer 2003; and WHEREAS, the Trust proposes that the funds designated for the Model City Infrastructure Improvements in Fiscal Year 2003 be reprogrammed to replace the HOME Program Funds utilized in Fiscal Year 2002 for acquisitions to resolve issues related to the eligibility of HOME Program Funds and minimize additional delays in the acquisition phase; and Page 2 of 4 03— 479 WHEREAS, one of the eligible uses of HOME Program Funds is infrastructure; and WHEREAS, HOME Program Funds would be released and available for infrastructure uses anticipated for the Homeland Defense/Neighborhood Improvement Bond proceeds with the replacement of Homeland Defense/Neighborhood Improvement Bond proceeds; and WHEREAS, the Trust believes that this proposal will have no net impact on the program or the Model City Trust's overall program funding; and WHEREAS, the proceeds of the Homeland Defense/Neighborhood Improvement Bond proceeds designated for Model City Infrastructure Improvements in Fiscal Year 2003 are to be reprogrammed to replace the HOME Program Funds utilized for property acquisition in FY 2002; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI: 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 funds in the amount of $1,815,133.15, of Fiscal Year 2003 Homeland Defense/Neighborhood Improvement Bonds designated for Model City Homeownership Zone Pilot Projects, specifically, infrastructure improvements to Page 3 of 4 03- 479 replace Home Investment Partnership Program (HOME) funds used for property acquisitions in Fiscal Year 2002 and anticipated acquisitions in Fiscal Year 2003. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.1/ PASSED AND ADOPTED this 8th day of _ May , 2003. MANUEL A. DIAZ, MAYOR In with Miami Cocie Seca 2-36, since the Mayor did not indicate approval of this icpis!od;on by sic'? tng, i t the designated dace provided, said iegisl„tion 1ot�� Ieees m,a,,5 a� ct v e W e eiapse of ten: (10) days �Froni the date. CT :°CSM z C-stoi -'i.., dVCdI LYle�s.Y�e. i�✓.i3 �I�i\,. ! iJ J.4 1 G:Si LeVn regarding same, WithGU' tic; Mayor exercising a vote. C? ATTEST: y Priscilla A. Thompson, City C PRISCILLA A. THOMPSON CITY CLERK , APPROVED p,$'f,'F AND CORRECTNESS VILARELLU RNEY W71/60:tr:AS:BSS li If the Mayor does not sign this Resolution, it shall become effective at the end of ten 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. 03- 479 Page 4 of 4 41 Model City `REVITALIZATION TRUST To: Honorable Mayor and Members of the City Commission From: Marva L. Wiley on behalf of the Model City Trust Subject: Replacement of HOME Investment Partnership Funds Date: March 17, 2003 RECOMMENDATION: It is respectfully requested that the City Commission approve the attached resolution authorizing the use of the $3 Million FY 2003 allocation of Homeland Defense/ Neighborhood Improvement Bond designated for Model City Infrastructure as replacement funds for $1.8 Million in HOME Investment Partnership Funds used for property acquisitions in FY 2002 and additional acquisitions anticipated in FY 2003. BACKGROUND: As you know, the Model City Homeownership Zone Pilot Project is in its acquisition phase. During fiscal year 2002, approximately $1.8 million of HOME Investment Partnership Funds that had been appropriated for the Model City Homeownership Zone ("Zone") Pilot Project were utilized for the acquisition of properties in the Zone. In a letter dated February 14, 2003, the Department of Community Department advised the Model City Trust that the Department had disallowed the costs incurred in Fiscal Year 2002 because of its finding that the Trust's expenses did not conform with the Department of Housing and Urban Development's ("HUD") Regulation. Specifically, the HUD regulations require that the project have a reasonable expectation of commencement within twelve (12) months of the participating jurisdiction (the City in this instance) setting up the expense in the federal information and disbursement system (i.e. IDIS). The $1.8 Million in acquisitions occurred between February and June of 2002, yet construction on the project has not occurred in one year of the February+ acquisitions and is not expected to occur within one year of the June 2002 acquisitions. As you will recall, the Model City Trust's acquisition effort has been delayed in part due to the amount of time required for processing the environmental clearance and a variety of changes in administration. Further, 444 SW 2nd Ave.. 10th Floor • P.O. Box 330708 • Miami. FL 33233-0708 • Tei: (305) 416-1033 • Fax: 13051 400-5004_ - 03- construction may not occur until Spring 2004 with the projected release of a Request for Proposals for the Phase I Development anticipated in Summer 2003. In order to resolve these issues and minimize additional delays in the acquisition phase that have already produced discontent among contracted property owners, the Trust proposes that the funds designated for the Model City Infrastructure Improvements in FY 2003 be reprogrammed to replace the HOME Funds utilized in FY 2002 for acquisitions. You should note that one of the eligible uses of HOME Funds is infrastructure; thus, the HOME Funds released with the replacement of Homeland Defense/ Neighborhood Improvement Bond proceeds may be available for the infrastructure uses anticipated for the Homeland Defense/ Neighborhood Improvement Bond proceeds. The Trust believes that this proposal will have no net impact on the program or the Model City Trust's overall program funding. /MLW 03- 479 USE OF MODEL CTI _ IRUST INFRASTRUCTURE IMPT� . EMENTS FOR HOME INVESTMENT PARTNERSHIP PROGRAM Projects 1St Year Appropriation Dollars spent Balance Name and Allocation for the Project to date Allocation Model City $3 Million $1.8 Million - 0 - $10 Million Infrastructure Improvements $10 Million Project name speaks to the projects approved in the Homeland Defense/ Neighborhood Improvement Bond Referendum 03- 479 1416 874. $900,000 for the City of Summersville, West Virginia for the expansion of the National Guard Readiness Center; 875. $1,053,000 to the Mid -Atlantic Aerospace Complex, Inc. in Bridgeport, West Virginia for facilities construction; 876. $1,125,000 to Concord College in Athens, West Virginia for facilities construction for an information technology training center; 877. $1,170,000 to the West Virginia High Technology Consor- tium Foundation, Inc. in Marion County, West Virginia for facili- ties construction for a high-tech park; 878. $1,575,000 to the Monongalia County Schools Foundation, Inc. in West Virginia for construction of recreational facilities; 879. $1,682,000 to the Vandalia Heritage Foundation, West Virginia for development needs; 880. $1,800,000 for Potomac State College in Keyser, West Vir- ginia for renovation of a library; 881. $2,700,000 for Glenville State College in Glenville, West Virginia for the construction of a new campus community education center; 882. $2,700,000 for West Virginia Wesleyan College in Buckhannon, West Virginia for renovation/expansion of a science hall. —$42,120,000 for the Neighborhood Initiatives program in- stead of $23,400,000 as proposed by the House and $40,000,000 as proposed by the Senate. Modified language is included, similar to language proposed by the House and Senate, targeting funds made available under this program. Targeted grants shall be provided as follows: 1. $900,000 for Anchorage, Alaska for an expansion of the An- chorage Museum; 2. $250,000 for the City of Boaz, Alabama for facilities renova- tions and expansion; 3. $250,000 for the Alabama Historic Commission for the His- toric Fort Toulouse -Fort Jackson project; 4. $1,260,000 to the Model City Community Revitalization Dis- trict Trust in Miami, Florida for the Model City Homeownership project; 5. $1,620,000 to the University of Idaho in Moscow, Idaho for construction of the Performance and Education Facility at the Lio- nel Hampton Center; 6. $620,000 for the City of Indianapolis, Indiana for the Life Sciences Project; 7. $225,000 to the New Zion Community Foundation Develop- ment for continued renovations and improvements for a community resource center in Louisville, Kentucky; 8. $90,000 for The Neighborhood House in Louisville, Kentucky to furnish the community center; 9. $135,000 for the Portland Avenue Community Trust in Lou- isville, Kentucky for a multi-purpose facility; 10. $225,000 to the St. Stephen Family Life Center of Louis- ville, Kentucky for renovation of a facility for drug abuse coun- seling and transitional housing; Submitted Into the public record in connection wit item y/ on S g &3 Priscilla A. Thomp on City Clerk 03- 479