HomeMy WebLinkAboutSummary Form*n °f AGENDA ITEM SUMMARY FORM Law Department
s% Matter ID No.
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Date: 11/20/2009 Requesting Department: Community Development
Commission Meeting Date: 12/17/2009 District Impacted: 1,2,3,4,5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: AUTHORIZING THE CITY MANAGER TO APPROVE AND EXECUTE
CONTRACTS
Purpose of Item:
AUTHORIZING THE CITY MANAGER TO APPROVE AND EXECUTE CONTRACTS
BETWEEN THE CITY AND THE WINNING CONTRACTOR(S) FOR THE REHABILITATION
OF FORECLOSED RESIDENTIAL PROPERTIES OR THE CONSTRUCTION OF NEW
HOMES UNDER THE CITY OF MIAMI'S NEIGHBORHOOD STABILIZATION PROGRAM
("NSP") AND/OR THE NEIGHBORHOOD INITIATIVES PROGRAM OF THE LIBERTY CITY
COMMUNITY REVITALIZATION TRUST, WITH FUNDS AWARDED TO THE CITY OF
MIAMI FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN
DEVELOPMENT ("HUD"); AUTHORIZING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENTS, TO THE SATISFACTION OF THE CITY ATTORNEY, 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 capita] finds
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:
Pursuant to Ordinance No. 12374, adopted on June 12, 2003, the Miami City Commission
established a new revenue fund entitled "The Neighborhood Initiative Grant For Model City
Community Revitalization District Trust" for certain special projects and appropriated funds, in the
amount of $1.26 million from HUD.
On July 30, 2008, the President of the United States signed the Housing Economic Recovery Act of
2008 ("HERA"), which included the Neighborhood Stabilization Program, administered by HUD.
The Neighborhood Stabilization Program ("NSP") provides targeted emergency assistance to state
and local governments to acquire and redevelop foreclosed properties that might otherwise become
sources of abandonment and blight within their communities.
Pursuant to Resolution No. 08-0641 and 08-0642, adopted November 13, 2008, the Miami City
Commission approved the acceptance of said grant in an amount of $12,063,702 and amended the
Annual Action Plan respectively for the implementation of NSP.
According to the NSP plan, as approved by the City Commission and HUD, the City can purchase
and rehabilitate properties for sale to eligible homebuyers.
On October 28, 2009, HUD approved the use of Neighborhood Initiative Grant with NSP
redevelopment funds for the construction of 8 single family homes in the Liberty City area.
The NSP funds for must be obligated by September 6, 2010.
To achieve the obligation of all the funds by September 6, 2010, the City must be able to award
contracts to successful bidders as quickly as possible.
For the limited purpose of complying with the requirements of NSP, the City Manager has the
authority to approve and execute contracts with winning bidders for the rehabilitation of foreclosed
residential properties and for the construction of new affordable homes under the NSP and/or the
Neighborhood Initiatives Program of the Liberty City Community Revitalization Trust.