HomeMy WebLinkAboutAgenda Item Summary Forme,,.„A„ * AGENDA ITEM SUMMARY FORM
� File ID: #13651
Og4
Date: 03/10/2023 Requesting Department: Department of
Housing and Community Development
Commission Meeting Date: 04/27/2023 Sponsored By:
District Impacted: All
Type: Resolution
Subject: Allocate - CDBG Program Income Funds
Purpose of Item:
AUTHORIZING THE CITY MANAGER TO ALLOCATE PROGRAM INCOME FROM
COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG') FUNDS GENERATED
FROM AUGUST 1, 2022 TO SEPTEMBER 30, 2022, IN THE AMOUNT OF
$257,125.35 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.
Background of Item:
The Department of Housing and Community Development ("Department") receives
diverse types of repayments from loans provided to developers and homeowners
(Program Income) that are required to be used for eligible program activities.
From August 1, 2022, to September 30, 2022, the Department collected an amount of
$257,125.35 in Community Development Block Grant ("CDBG') program income.
Pursuant to CDBG regulations 24 CFR Part 570.504, program income amount must be
used for eligible CDBG activities.
The Department recommends allocating the Funds 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 an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
$257,125.35
Special Revenue Account No: 14001.910101.469000.0000 (CDBG)
Reviewed By
Department of Community and Economic Development
Review Completed
03/10/2023 8:08 AM
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
Raymond Pereira
Office of the City Attorney
Victoria Mendez
City Commission
Maricarmen Lopez
Office of the City Clerk
City Clerk's Office
George Mensah Department Head
Budget Analyst Review
Completed
03/10/2023 10:08 AM
Budget Review
Completed
03/10/2023 11:29 AM
Assistant City Manager Review
Completed
03/14/2023 1:59 PM
City Manager Review
Completed
03/14/2023 3:12 PM
Legislative Division Review
Completed
03/28/2023 8:44 AM
OCAC Review
Completed
03/29/2023 1:55 PM
Approved Form and Correctness
Completed
03/30/2023 9:02 AM
Meeting
Completed
04/27/2023 9:00 AM
Rendered
Completed
05/04/2023 4:03 PM
' City of Miami
City Hall
Legislation 3500 Pan American Drive
g Miami, FL 33133
t Resolution www.miamigov.com
Enactment Number: R-23-0189
File Number: 13651 Final Action Date:4/27/2023
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") FUNDS GENERATED FROM AUGUST 1, 2022 TO SEPTEMBER
30, 2022, IN THE AMOUNT OF $257,125.35 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 diverse 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 August 1, 2022, to September 30, 2022, the Department collected an
amount of $257,125.35 in Community Development Block Grant ("CDBG") Program Income;
and
WHEREAS, pursuant to CDBG regulations 24 CFR Part 570.504, program income
amount must be used for eligible CDBG activities; and
WHEREAS, the Department recommends allocating the Funds 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 the Funds to the eligible activities 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, all in a form acceptable to the City Attorney.
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 3/30/2023
Pursuant to the resolution, this item became effective immediately upon adoption by the Commission.