HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM Law Department
Matter ID No.
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Date: 08/13/2009 Requesting Department: Community Development
Commission Meeting Date: 09/10/2009 District Impacted: 1,2,3,4,5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: TRANSFER OF NEIGHBORHOOD STABILIZATION FUNDS TO THE CITY OF
MIAMI, BUILDING DEPARTMENT, UNSAFE STRUCTURES SECTION
Purpose of Item:
AUTHORIZING THE TRANSFER OF NEIGHBORHOOD STABILIZATION PROGRAM ("NSP") FUNDS
IN THE AMOUNT OF $700,000; ALLOCATING SAID FUNDS TO THE CITY OF MIAMI, BUILDING
DEPARTMENT, UNSAFE STRUCTURES SECTION FOR DEMOLITION ACTIVITIES IN THE AREAS
OF GREATEST NEED IDENTIFIED IN THE NSP SUBSTANTIAL AMENDMENT NO. 2008.1, AS
SPECIFIED IN EXHIBIT W, ATTACHED AND INCORPORATED; AUTHORIZING THE CITY
MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS 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
Final Approvals
(SIGN AND DATE)
Budget,
Risk
Purchi Dept. Director.
Chief City Manager_
Page 1 of 1
AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
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.
The United States Department of Housing And Urban Development ("HUD") awarded the City of
Miami ("City") a grant in the amount of $12,063,702 in Community Development Block Grants, for its
Neighborhood Stabilization Program under the Housing & Economic Recovery Act of 2008.
The NSP 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.
Pursuant to Resolution No. 08-0641, adopted November 13, 2008, the Miami City Commission
approved acceptance of NSP funds in the amount of $12,063,702 from HUD.
Pursuant to Resolution No. 08-0642, adopted November 13, 2008, the Miami City Commission
approved a substantial amendment to the City's Annual Action Plan which included an allocation of
$700,000 for demolition activities.
The City's, Building Department, Unsafe Structures Section is responsible for the demolition of
unsafe structures in the City and will be the designee to execute demolition of blighted structures.
The Administration recommends the transfer of funds in the amount of $700,000 from the NSP to the
City's Building Department, Unsafe Structures Section for demolition activities in the areas of
greatest need indentified in the NSP Substantial Amendment No. 2008.1, as specified in Exhibit "A",
attached and incorporated.