HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM Law Department
" Matter ID No.
4 FILE ID: 02
Date: 06/12/2009 Requesting Department: Community Development
Commission Meeting Date: 07/09/2009 District Impacted: 5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG")
FUNDS TO RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORP.
Purpose of Item:
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG")
FUNDS IN THE AMOUNT OF $150,000 FROM ONE ART, INC., $30,000 FROM BETTER WAY OF
MIAMI, INC. AND $5,000 FROM THE CITY OF MIAMI DEPARTMENT OF COMMUNITY
DEVELOPMENT DISTRICT 5 RESERVE ACCOUNT, FOR A TOTAL ALLOCATION OF $185,000;
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 #2; 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 Management
Purchasing Dept. Director
Chief , City Manager
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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. 06-0371, adopted June 12, 2007 and Resolution No. 08-0074, adopted on
February 14, 2008, the Miami City Commission approved the allocation of $100,000 of 32nd Year
Community Development Block Grant ("CDBG") funds to One Art Inc., and an additional $50,000 in CDBG;
for a total allocation of $150,000 for public facilities and improvements in the Wynwood neighborhood.
On February 26, 2009, the Department of Community Development ("CD") received a letter from One Art,
Inc. informing the City that the agency had been unable to obtain additional financing required to complete
the rehabilitation project and would not be able to utilize the City's funding allocated to this project.
Pursuant to Resolution No. 06-0509, adopted on September 12, 2006, the Miami City Commission
approved the allocation of $80,000 to Better Way of Miami, Inc. for the rehabilitation of their long term
homeless housing facility located at 675 Northwest 17th Street.
On July 18, 2008, Better Way of Miami, Inc. notified CD that they were selling the property and could not
use the allocated funding.
Pursuant to Resolution No. 08-0308, adopted June 12, 2008, the Miami City Commission approved the
allocation of $5,258 to the City of Miami Department of Community Development District 5 Reserve
Account.
The Little Haiti Commercial Rehabilitation Project #2 consists of the fagade rehabilitation for the eight (8)
businesses located at 5845 Northeast 2nd Avenue and 5857 Northeast 2nd Avenue, which include installing
new windows, doors, awnings, signs and shutters; painting, carpentry work and architectural design.
The agency will be compensated at a rate of 15% of the project cost for overseeing the Little Haiti
Commercial Rehabilitation Project #2.
The property owners will be required to sign a five (5) year covenant restricting the use of the property to
ensure compliance with federal regulations.
The Administration recommends the transfer of CDBG funding in the amount of $150,000 from One Art Inc.,
$30,000 from Better Way of Miami, Inc. and $5,000 from the City of Miami Department of Community
Development District 5 Reserve Account for a total allocation of $185,000, as specified in Exhibit "A",
attached and incorporated, to RHHED for economic development activities for the City of Miami Little Haiti
Commercial Rehabilitation Project #2.