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Resolution: R-10-0310
File Number: 10-00762
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 7/22/2010
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE CITY OF MIAMI'S ("CITY") NEIGHBORHOOD STABILIZATION
PROGRAM SUBSTANTIAL AMENDMENT #2008.3 AND THE REVISED
IMPLEMENTATION POLICIES, AS DESCRIBED IN EXHIBIT "A", ATTACHED AND
INCORPORATED; AUTHORIZING THE CITY MANAGER TO SUBMIT THE CITY'S
AMENDED ANNUAL ACTION PLAN FOR FISCAL YEAR 2008-2009 TO THE
UNITED STATES HOUSING AND URBAN DEVELOPMENT FOR REVIEW AND
APPROVAL.
WHEREAS, on July 30, 2008, the President of the United States signed the Housing Economic
Recovery Act of 2008, which included the Neighborhood Stabilization Program ("NSP"), administered
by the United States Housing and Urban Development ("HUD"); and
WHEREAS, the 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; and
WHEREAS, on September 26, 2008, the City of Miami ("City") was awarded $12,063,702 for the
implementation of the NSP which provided emergency assistance to the City to acquire foreclosed
properties that might otherwise become sources of abandonment and blight, and to rehabilitate,
resell, or redevelop the properties to stabilize neighborhoods and stem the decline of house values of
neighboring homes; and
WHEREAS, pursuant to Resolution Nos. 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; and
WHEREAS, 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; and
WHEREAS, the Annual Action Plan has since been substantially amended to include changes to
the previously approved NSP Plan by expanding the "Areas of Greatest Needs" and modifying certain
program strategies; and
WHEREAS, pursuant to Resolution No. 10-0158, adopted April 8, 2010, the Miami City
Commission approved the NSP Substantial Amendment #2008.2 and revised NSP Implementation
Policies; and
WHEREAS, all the funds must be committed prior to September 9, 2010, or the City will lose the
funds; and
WHEREAS, the amendments being recommended will ensure that all the funds will be committed
City of Miand Page 1 of 2 File Id. 10-00762 (Version: 1) Printed On: 8/3/2017
File Number: 10-00762
prior to the September 9, 2010 deadline; and
Enactment Number: R-10-0310
WHEREAS, the Administration recommends the approval of the NSP Substantial Amendment
#2008.3 and revised Implementation Policies, as indicated in Exhibit "A", attached and incorporated;
and
WHEREAS, this Resolution authorizes the City Manager to submit the City's Amended Annual
Action Plan for Fiscal Year 2008-2009 to HUD for review and approval;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The City's NSP Substantial Amendment #2008.3 and the revised Implementation
Policies, as indicated in Exhibit "A", attached and incorporated, are approved.
Section 3. The City Manager is authorized{1} to submit the City's Amended Annual Action Plan for
Fiscal Year 2008-2009 to HUD for review and approval.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
Footnotes:
{1} The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to those prescribed by the City Attorney,
including but not limited to those prescribed by applicable City Charter and Code provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File Id. 10-00762 (Version: 1) Panted On: 8/3/2017