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HomeMy WebLinkAboutPre LegislationFile Number: 08-01224 Enactment Number: R-08-0641 A RESOLUTION OF THE MIAMI CITY COMMISSION ACCEPTING FUNDS, IN THE AMOUNT OF $12,063,702, CONSISTING OF A GRANT FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, FOR THE IMPLEMENTATION OF THE NEIGHBORHOOD STABILIZATION PROGRAM UNDER THE HOUSING AND ECONOMIC RECOVERY ACT OF 2008; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT ACCEPTANCE OF SAID GRANT. WHEREAS, on July 30, 2008 the President of the United States signed the Housing and Economic Recovery Act of 2008 which includes the Neighborhood Stabilization Program; and WHEREAS, the Neighborhood Stabilization Program provides emergency assistance to the City of Miami to acquire foreclosed properties that might otherwise become sources of abandonment and blight and rehabilitate, resell or redevelop these properties to stabilize neighborhoods and stem the decline of house values on neighboring homes; and WHEREAS, the United States Department of Housing And Urban Development ("HUD") has advised the City of Miami that a grant in the amount of $12,063,702 in Community Development Block Grants has been awarded for its Neighborhood Stabilization Program under the Housing and Economic Recovery Act of 2008; and WHEREAS, the Administration recommends the acceptance of a grant from HUD under the Housing and Economic Recovery Act of 2008 in the amount of $12,063,702 for the implementation of the Neighborhood Stabilization Program; 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. A grant from HUD, under the Housing and Recovery Act of 2008 in the amount of $12,063,702 for the implementation of the Neighborhood Stabilization Program is accepted. Section 3. The City Manager is authorized {1} to execute the necessary documents, in a form acceptable to the City Attorney, to implement acceptance of said grant. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} City of Miami Page 1 of 2 R-08-0641 City Hall c -ham Y of- '" City of Miami 3500 Pan American Drive y ( "o" Miami, FL 33133 ` .. Certified Copy www•miamigov.com File Number: 08-01224 Enactment Number: R-08-0641 A RESOLUTION OF THE MIAMI CITY COMMISSION ACCEPTING FUNDS, IN THE AMOUNT OF $12,063,702, CONSISTING OF A GRANT FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, FOR THE IMPLEMENTATION OF THE NEIGHBORHOOD STABILIZATION PROGRAM UNDER THE HOUSING AND ECONOMIC RECOVERY ACT OF 2008; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT ACCEPTANCE OF SAID GRANT. WHEREAS, on July 30, 2008 the President of the United States signed the Housing and Economic Recovery Act of 2008 which includes the Neighborhood Stabilization Program; and WHEREAS, the Neighborhood Stabilization Program provides emergency assistance to the City of Miami to acquire foreclosed properties that might otherwise become sources of abandonment and blight and rehabilitate, resell or redevelop these properties to stabilize neighborhoods and stem the decline of house values on neighboring homes; and WHEREAS, the United States Department of Housing And Urban Development ("HUD") has advised the City of Miami that a grant in the amount of $12,063,702 in Community Development Block Grants has been awarded for its Neighborhood Stabilization Program under the Housing and Economic Recovery Act of 2008; and WHEREAS, the Administration recommends the acceptance of a grant from HUD under the Housing and Economic Recovery Act of 2008 in the amount of $12,063,702 for the implementation of the Neighborhood Stabilization Program; 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. A grant from HUD, under the Housing and Recovery Act of 2008 in the amount of $12,063,702 for the implementation of the Neighborhood Stabilization Program is accepted. Section 3. The City Manager is authorized {1} to execute the necessary documents, in a form acceptable to the City Attorney, to implement acceptance of said grant. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} City of Miami Page 1 of 2 R-08-0641 File Number: 08-01224 Enactment Number: R-08-0641 Date: NOVEMBER 13, 2008 Mover: COMMISSIONER GONZALEZ Seconder: VICE CHAIR SPENCE-JONES Vote: AYES: 4 - COMMISSIONER GONZALEZ, SANCHEZ, REGALADO AND SPENCE-JONES ABSENT: 1 - COMMISSIONER SARNOFF Action: ADOPTED Date: NOVEMBER 17, 2008 Action: SIGNED BY THE MAYOR 1, Priscilla A. Thompson, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do hereby certify that this constitutes a true and correct copy of Resolution No. R-08-0641, with attachments, passed by the City Commission on 11113/2008. January 14, 2009 Date Certified {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. {2} 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. City of Miami Page 2 oft R -08-064J