Loading...
HomeMy WebLinkAboutR-02-0537J-02-420 5/2/02 r� RESOLUTION NO. 02— 5 3 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ROLLOVER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS ALLOCATED IN FISCAL YEAR 2000-2001 TO FISCAL YEAR 2001-2002 TO THE COCONUT GROVE LOCAL DEVELOPMENT CORPORATION, INC. (THE "AGENCY") IN THE AMOUNT OF $40,416 FOR AN ECONOMIC DEVELOPMENT PROGRAM TO ASSIST BUSINESSES IN THE COCONUT GROVE COMMUNITY REVITALIZATION DISTRICT; AND FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE EXISTING CONTRACT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH THE AGENCY FOR SAID PURPOSE. WHEREAS, on March 26, 1998, the United States Department of Housing and Urban Development Office of the Inspector General issued an Audit Report on the City of Miami Community Planning and Development Programs; and WHEREAS, in an effort to improve its internal financial management and reporting systems, particularly as it pertains to the City's federal grant programs, the Administration has established a process that closes accounts that have been completed at the end of the fiscal year and rolls over funds to the next fiscal year for activities that have not been completed; and VITY CoMMISSION ! i=M: G &F W,Y a 11; 2002 02-- 537 WHEREAS, at the City Commission meeting of February 15, 2001, the Coconut Grove Local Development Corporation, Inc. (the "Agency") received a mid -year allocation of $100,000 from Community Development Block Grant funds to provide economic development activities in the Coconut Grove Community Revitalization District; and WHEREAS, since this was a mid -year allocation, the Agency expended just over $59,500 from the $100,000 allocation; and WHEREAS, the Administration recommends that the balance of $40,416 from the February 15, 2001 allocation be rolled over into the current fiscal year to enable the Agency to operate through September 30, 2002; 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 rollover of Community Development Block Grant funds allocated in fiscal year 2000-2001 to fiscal year 2001-2002 to the Coconut Grove Local Development Corporation, Inc. (the "agency") in the amount of $40,416 for an economic development program to assist businesses in the Coconut Grove Community Revitalization District is authorized. Page 2 of 3 02- 5 3'7 Section 3. The City Manager is authorized" to execute an amendment to the existing contract, in a form acceptable to the City Attorney, with the Agency for said purpose. Section 2. This Resolution shall become effective immediately upon its adoption and signature of the Mayor./ PASSED AND ADOPTED this 9th day of May , 2002. ATTEST: PRISCILLA A. THOMPSON CITY CLERK APPRO ASII�%FORM CORRECTNESS: NDRO VILARELLO ATTORNEY W6216:tr:LB 1 The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. zi 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. Page 3 of 3 02- 537 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Honorable Mayor and DATE: APR 2 9 2.22 FILE: Members of the City Commission SUBJECT: Rollover of Funds for Coconut Grove Local Development Corporation FROM: REFERENCES: os A. Gime z City Commission Agenda Cit Manager ENCLOSURES: Y May 9, 2002 RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached Resolution rolling over $40,416 of Community Development Block Grant (CDBG) funds previously approved for the Coconut Grove Local Development Corporation, Inc. to Fiscal Year 2001-2002, and further authorizing the City Manager to amend the existing contract between the City of Miami and said Agency by extending the termination date to September 30, 2002, in a form acceptable to the City Attorney. BACKGROUND: In response to the Audit Report issued by the U.S. Office of the Inspector General and through the City's effort to improve its internal financial management and reporting systems, particularly as it pertains to the City's federal grant programs, the Administration has established a process that closes accounts that have been completed at the end of the fiscal year and rolls over funds to the next fiscal year for activities that have not been completed. At the City Commission meeting of February 15, 2001, the Coconut Grove Local Development Corporation, Inc. received a mid -year allocation of $100,000 from Community Development Block Grant (CDBG) funds to provide economic development activities in the Coconut Grove Community Revitalization District. Since this was a mid -year allocation, the Agency expended just over $59,500 from the $100,000 allocation. The Administration recommends that the balance of $40,416 remaining from the original allocation be continued into the current year to enable the organization to operate through September 30, 2002. Budget Impact Analysis Funding for the Coconut Grove Local Development Corporation, Inc. is available from previously approved CDBG grant allocation to this Agency and will not impact the General Fund. 02- 537 It is recommended that the City Commission adopt the proposed Resolution that rolls over the $40,416 of Community Development Block Grant Program funds previously allocated to the Coconut Grove Local Development Corporation, Inc. and further authorizes the City Manager to amend the existing contract with said Agency, in a form acceptable to the City Attorney. 02- 537 PUBLIC NOTICE FOR PUBLIC HEARING REGARDING COMMUNITY DEVELOPMENT ISSUES *`I1Colf GRIM �* The Miami City Commission will hold a Public Hearing to discuss issues relating to Community Development. The Public Hearing will be held: Thursday, May 9, 2002 at 9:30 A.M. City of Miami Commission Chamber 3500 Pan American Drive Miami, Florida 33133 The Public Hearing Agenda Items regarding Community Development are as follows: 1. Discussion and proposed resolution establishing a revised policy relating to the acquisition of land for homeownership and comprehensive revitalization projects in the community revitalization districts by authorizing the City Manager to offer up to fifteen percent (15%) above the average appraised value of real properties to be acquired in connection with the implementation of said projects and that a minimum of two (2) independent appraisals be performed. Discussion and proposed resolution to ratify the City Manager's action to establish a policy relating to environmental assessment requirements in the processing of Purchase and Sale Agreements for properties purchased through the land assembly phase of the Model City Homeownership Pilot Project. 3. Discussion and proposed resolution to rollover $40,416 of CDBG funds previously approved for the Coconut Grove Local Development Corporation, Inc. to Fiscal Year 2001-2002. Interested individuals are encouraged to attend this Public Hearing. The meeting site is accessible to the handicapped. (AD 02- 537