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HomeMy WebLinkAboutItem #03 - First Reading Ordinance' -, 2 15 J-96-104 ✓ 2/ 16/96 ORDINANCE NO. AN ORDINANCE ESTABLISHING THE FOLLOWING FOUR (4) NEW SPECIAL REVENUE FUNDS AND APPROPRIATING FUNDS FOR THE OPERATION OF EACH: COMMUNITY DEVELOPMENT BLOCK GRANT (TWENTY-SECOND YEAR) - $13,709,000; HOME INVESTMENT PARTNERSHIP PROGRAM (HOME) - $4,038,000; EMERGENCY SHELTER GRANT (ESG) $494,000; AND HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS (HOPWA) - $8,359,000; FURTHER APPROPRIATING THE SUM OF $2,700,000, FROM TWENTY-FIRST YEAR COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM INCOME, AS APPROVED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), FOR A TOTAL CDBG APPROPRIATION OF $16,409,000; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. WHEREAS, it is anticipated that the D artm t f Housing and Urban Development will award to the City of Miami a gra o ,709,000 entitled "Community Development Block Grant (Twenty-SecondA ear " o provide community development activities for the period commencing 19Y, and ending May 31, 1997; and WHEREAS, the i De rtme of - eighborhood Enhancement Team (NET) projected that income a ou ing o ,700'000 will be generated during the period commencing June 1, 1996, en ng ay 31, 1997; and WHERE , the Dep meat of Housing and Urban Development approved the programmin of said anticipated income of $2,700,000 to provide community developme t tivities for the period commencing June 1, 1996, and ending May 31, k—.