HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM Law Department
Matter ID No.
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FILE ID•- [) 5 1 08-2805
Date: 12/17/2008 Requesting Department: Community Development
Commission Meeting Date: 01/15/2009 District Impacted: 5 PH.7
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Transfer of CDBG funds in the amount of $50,000 from Better Way of Miami, Inc. to Rafael
Hernandez Housing and Economic Development Corp.
Purpose of Item:
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, IN
THE TOTAL AMOUNT OF $50,000, FROM BETTER WAY OF MIAMI, INC., AS SPECIFIED IN
EXHIBIT "A," ATTACHED AND INCORPORATED; ALLOCATING SAID FUNDS, TO RAFAEL
HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORP., TO PROVIDE ECONOMIC
DEVELOPMENT ACTIVITIES FOR THE CITY OF MIAMI LITTLE HAITI COMMERCIAL
REHABILITATION PROJECT; AUTHORIZING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENT(S), IN SUBSTANTIALLY THE ATTACHED FORM(S), WITH SAID
ENTITIES, FOR SAID PURPOSES.
Background Information:
Please see attached
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
If using or receiving capital funds
Grants
Final Approvals
(SIGN AND DATE)
Budget_
Risk Manag
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Purchasinal Dept. Direcl
Chief City Manag
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AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Rafael Hernandez Housing and Economic Development Corp. ("RHHED"), is a non-profit Florida
corporation located at 2400 North Miami Avenue, Miami, Florida, that focuses on community
development and empowerment, building affordable homes in economically depressed areas,
improving the appearance of economically depressed commercial areas and assisting local
community entrepreneurial minded individuals.
Pursuant to Resolution No. 08-0123, adopted March 13, 2008, the City Commission approved
allocating the amount of $225,315 to RHHED to provide economic development activities for the City
of Miami Little Haiti Commercial Rehabilitation project.
Pursuant to Resolution No. 06-0509 adopted on September 12, 2006, the amount of $80,000 was
allocated to Better Way of Miami, Inc. for the rehabilitation of their long term homeless housing
facility located at 675 NW 17th Street, Miami, Florida.
On July 18, 2008 the Department was notified by Better Way of Miami, Inc. that they are currently
negotiating the sale of the property and therefore cannot use the allocated funds.
Additional funding will allow for the completion of all the necessary improvements for the buildings in
the Little Haiti Commercial Rehabilitation project.
The Administration is recommending the transfer of Community Development Block Grant ("CDBG")
funds, in the total amount of $50,000, from Better Way of Miami, Inc., as specified in Exhibit "A",
attached and incorporated and allocating said funds to RHHED, to provide economic development
activities for the City of Miami Little Haiti Commercial Rehabilitation project.