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HomeMy WebLinkAboutSummary Formit-- . TV: Date: 05/21/2009 AGENDA ITEM SUMMARY FORM Law Department Matter ID No. FILE ID: 0q-00(00"17 Requesting Department: Community Development Commission Meeting Date: 06/18/2009 District Impacted: 1,2,3,4,5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: CDBG Funding: Economic Development 2009-2010 Purpose of Item: AUTHORIZING THE ALLOCATION OF 35TH PROGRAM YEAR 2009-2010, COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE AMOUNT OF $4,077,916 IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE AGENCIES SPECIFIED IN ATTACHMENT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES IN THE 35TH PROGRAM YEAR BEGINNING OCTOBER 1, 2009; AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENT(S), IN SUBSTANTIALLY THE ATTACHED FORM(S), WITH SAID AGENCIES, FOR SAID PURPOSE. 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 Purchasm Chief Final Approvals (SIGN AND DATE) Budget Risk Mal Dept. Dii City Mai Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Backeround Information: Federal regulations require the City of Miami ("City") to provide an opportunity for citizen participation in the planning process for the United States Department of Housing and Urban Development ("U.S. HUD") related grant activities. A series of public hearings were held in each City Commission District to solicit public participation in the planning process for each District's U.S. HUD related grant activities. Public hearings were duly advertised to provide public notice regarding the proposed use for said grants. The Administration recommends the allocation of 35th Program Year CDBG funds, in the amount of $4,077,916, in the Economic Development category, to the agencies specified in Attachment "A," attached and incorporated, for economic development activities in the 35th Program Year beginning October 1, 2009.