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HomeMy WebLinkAboutAgenda Item Cover PageG*�Y of AGENDA ITEM COVER PAGE * "i" IF ' File ID: #13864 Losi9 Resolution Sponsored by: Commissioner Manolo Reyes A RESOLUTION OF THE MIAMI CITY COMMISSION RESCINDING RESOLUTION NO. R-22-0082 IN ITS ENTIRETY; ALLOCATING, BUDGETING, AND APPROPRIATING TWO MILLION AND 00/100 DOLLARS ($2,000,000.00) TO PROVIDE SUPPLEMENTAL FUNDING TO THE CITY OF MIAMI'S ("CITY") SENIOR RENTAL ASSISTANCE PROGRAM; APPORTIONING THREE MILLION, TWO HUNDRED FIFTY THOUSAND, TWO HUNDRED FIFTY-ONE AND 19/100 DOLLARS ($3,250,251.19) EQUALLY TO EACH CITY COMMISSION DISTRICT FOR THE COMMISSIONER OF EACH DISTRICT TO ALLOCATE AND APPROPRIATE BY FUTURE RESOLUTION(S) FOR AFFORDABLE HOUSING AND/OR RENTAL ASSISTANCE PROGRAMS; THE USE, ALLOCATION, AND APPROPRIATION OF THE FIVE MILLION, TWO HUNDRED FIFTY THOUSAND, TWO HUNDRED FIFTY- ONE AND 19/100 DOLLARS ($5,250,251.19) OF FUNDS REFERENCED HEREIN ARE SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS AND THE RECEIPT OF ALL NECESSARY APPROVALS, INCLUDING, BUT NOT LIMITED TO THE CITY ATTORNEY; AUTHORIZING THE CITY MANAGER TO MAKE ANY CHANGES TO ADJUST, AMEND, AND APPROPRIATE THE CITY'S OPERATING BUDGET, FIVE-YEAR FINANCIAL PLAN, STRATEGIC PLAN, MULTI -YEAR CAPITAL PLAN, AND OTHER DOCUMENTS AS NECESSARY AND APPLICABLE, PURSUANT TO THE PROVISIONS OF THIS RESOLUTION; AUTHORIZING, RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY THE CITY MANAGER AND THE DESIGNATED CITY DEPARTMENTS TO UPDATE THE RELEVANT FINANCIAL CONTROLS, PROJECT CLOSE-OUTS, ACCOUNTING ENTRIES, AND COMPUTER SYSTEMS IN CONNECTION HEREWITH. of .�f City of Miami City Hall * INC IIf 6NAi10 * 3500 Pan American Drive .r;<. 11 eA Legislation Miami, FL 33133 Resolution www.miamigov.com Enactment Number: R-23-0207 File Number: 13864 Final Action Date:4/27/2023 A RESOLUTION OF THE MIAMI CITY COMMISSION RESCINDING RESOLUTION NO. R-22-0082 IN ITS ENTIRETY; ALLOCATING, BUDGETING, AND APPROPRIATING TWO MILLION AND 00/100 DOLLARS ($2,000,000.00) TO PROVIDE SUPPLEMENTAL FUNDING TO THE CITY OF MIAMI'S ("CITY") SENIOR RENTAL ASSISTANCE PROGRAM; APPORTIONING THREE MILLION, TWO HUNDRED FIFTY THOUSAND, TWO HUNDRED FIFTY-ONE AND 19/100 DOLLARS ($3,250,251.19) EQUALLY TO EACH CITY COMMISSION DISTRICT FOR THE COMMISSIONER OF EACH DISTRICT TO ALLOCATE AND APPROPRIATE BY FUTURE RESOLUTION(S) FOR AFFORDABLE HOUSING AND/OR RENTAL ASSISTANCE PROGRAMS; THE USE, ALLOCATION, AND APPROPRIATION OF THE FIVE MILLION, TWO HUNDRED FIFTY THOUSAND, TWO HUNDRED FIFTY- ONE AND 19/100 DOLLARS ($5,250,251.19) OF FUNDS REFERENCED HEREIN ARE SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS AND THE RECEIPT OF ALL NECESSARY APPROVALS, INCLUDING, BUT NOT LIMITED TO THE CITY ATTORNEY; AUTHORIZING THE CITY MANAGER TO MAKE ANY CHANGES TO ADJUST, AMEND, AND APPROPRIATE THE CITY'S OPERATING BUDGET, FIVE-YEAR FINANCIAL PLAN, STRATEGIC PLAN, MULTI -YEAR CAPITAL PLAN, AND OTHER DOCUMENTS AS NECESSARY AND APPLICABLE, PURSUANT TO THE PROVISIONS OF THIS RESOLUTION; AUTHORIZING, RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY THE CITY MANAGER AND THE DESIGNATED CITY DEPARTMENTS TO UPDATE THE RELEVANT FINANCIAL CONTROLS, PROJECT CLOSE-OUTS, ACCOUNTING ENTRIES, AND COMPUTER SYSTEMS IN CONNECTION HEREWITH. WHEREAS, pursuant to Resolution No. R-19-0516, adopted on December 12, 2019, the City Commission approved the creation of the Senior Rental Assistance Program ("Program"); and WHEREAS, the purpose of the Program is to alleviate the burden caused by rent increases for the City of Miami's ("City") senior residents who are on a fixed income; and WHEREAS, the Program is funded from the Historic Preservation Schedule of Fees attributable to transfers of development rights and density paid into the Public Benefits Trust Fund, with a priority of five percent (5%) of such funds to be expended for the City's Senior Rental Assistance Program; and WHEREAS, there is an explicit authorization to allocate funds to the Senior Rental Assistance Program in section 62-32(o) in the Code of the City of Miami Florida, as amended ("City Code"); and WHEREAS, Resolution No. R-22-0082, adopted on February 24, 2022, established the Miami For Everyone Rental Assistance Program, which was intended for middle class families who do not have guardrails and are not financially able to absorb large rent increases, with priority given to seniors and families with children; and WHEREAS, Five Million, Two Hundred Fifty Thousand, Two Hundred Fifty -One and 19/100 Dollars ($5,250,251.19) was allocated to the Miami For Everyone Rental Assistance Program; and WHEREAS, the City believes it is in the best interest to rescind Resolution No. R- 22-0082 in its entirety and to reallocate and apportion the Five Million, Two Hundred Fifty Thousand, Two Hundred Fifty -One and 19/100 Dollars ($5,250,251.19) in available funds as stated herein; 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. Resolution No. R-22-0082 is rescinded in its entirety. Section 3. The City Manager is authorized' to allocate, budget, and appropriate Two Million and 00/100 Dollars ($2,000,000.00) to provide supplemental funding to the City's Senior Rental Assistance Program. Section 4. The City Commission hereby apportions Three Million, Two Hundred Fifty Thousand, Two Hundred Fifty -One and 19/100 Dollars ($3,250,251.19) equally between the five (5) Commission Districts for the Commissioner of each District to allocate and appropriate by future resolution(s) to district specific affordable housing and/or rental assistance programs. Section 5. The use, allocation, and appropriation of the funds referenced herein are subject to all federal, State, and local laws that regulate the use of such funds and the receipt of all necessary approvals, including, but not limited to the City Attorney. Section 6. The City Manager is authorized' to make any changes to adjust, amend, and appropriate the City's Operating Budget, Five -Year Financial Plan, Strategic Plan, Multi -Year Capital Plan, and any other documents as necessary and applicable, pursuant to the provisions of this Resolution. Section 7. Certain necessary actions by the City Manager and the designated City Departments to update the relevant financial controls, project close-outs, accounting entries, and computer systems in connection herewith are hereby authorized', ratified, approved, and confirmed. Section 8. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 ' 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. Z If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) 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. APPROVED AS TO FORM AND CORRECTNESS: Vf t6ria-Vrd6z, City Attor iey 4/18/2023