HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM Law Department
Matter ID No.
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FILE ID: a -cc � O J— 09-1592
Date: 08/26/2009 Requesting Department: Community Development
Commission Meeting Date: 09/10/2009 District Impacted: 2 and 5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: APPROVING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK
GRANT FUNDS TO THE MICRO -ENTERPRISE ASSISTANCE PROGRAM
of Item:
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS,
IN THE AMOUNT OF $40,000 FROM THE CITY OF MIAMI DEPARTMENT OF COMMUNITY
DEVELOPMENT- DISTRICT 2 RESERVE ACCOUNT AND $79,800 FROM THE CITY OF
MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT- DISTRICT 5 RESERVE ACCOUNT;
ALLOCATING SAID FUNDS, IN THE TOTAL AMOUNT OF $119,800, TO THE CITY OF MIAMI
DEPARTMENT OF COMMUNITY DEVELOPMENT MICRO -ENTERPRISE ASSISTANCE
PROGRAM FOR THE BUSINESSES SPECIFIED IN EXHIBIT "A", ATTACHED AND
INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENT(S), IN
SUBSTANTIALLY THE ATTACHED FORM, WITH SAID BUSINESSES FOR SAID PURPOSE.
Background Information:
Please see attached
Budect 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
PurcAinChie0 T
Final Approvals
(SIGN AND DATE)
Budget_
Risk Mai
Dept. Dir
City Man
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AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
On February 14, 2008, a Request for Proposals was issued for the Micro -Enterprise Assistance
Program for a one-year period with the option to extend the contracts for an additional year, subject
to the availability of funds and the businesses meeting their contractual obligations.
Pursuant to Resolution Number 09-0295, adopted June 18, 2009, the Miami City Commission
approved the allocation of 35th Year Community Development Block Grant ("CDBG") funds to the
City of Miami Department of Community Development - District 5 Reserve Account, in the amount of
$253,700, and the amount of $191,687 to the City of Miami Department of Community Development
- District 2 Reserve Account, for economic development activities.
The Administration is requesting the transfer of funds, in the amount of $40,000 from the Department
of Community Development — District 2 Reserve Account and $79,800 from the City of Miami
j Department of Community Development -District 5 Reserve Account, in the total amount of
$119,800, to the City of Miami Department of Community Development Micro -Enterprise Assistance
Program for the businesses specified in Exhibit "A", attached and incorporated.