Loading...
HomeMy WebLinkAboutSUMMARY FORMAGENDA ITEM SUMMARY FORM Law Department Matter ID No. FILE ID: /0-Q(� q 5 10-1539 Date: 08/13/2010 Requesting Department: Community Development Commission Meeting Date: 09/16/2010 District Impacted: 1,2,3,4,5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: CDBG Funding 2010-2011 Purpose of Item: AUTHORIZING THE AMENDED ALLOCATION OF 36TH PROGRAM YEAR 2010-2011, COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE AMOUNT OF $8,950,890 TO THE ACTIVITIES SPECIFIED IN ATTACHMENT "A", ATTACHED AND INCORPORATED, BEGINNING OCTOBER 1, 2010 AND ENDING MARCH 31, 2011; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL AMENDED DOCUMENTS FOR SAID PURPOSE(S). 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 Purchasing Chief Final Approvals (SIGN AND DATE) Budget Risk Dept. City Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resoution No. 10-0255, adopted June 21, 2010, the Miami City Commission approved the allocation of 36U' program year 2010-2011 CDBG funds in the amount of $8,950,890. Pursuant to Resolution No. 10-0307, adopted July 8, 2010, the Miami City Commission approved the change in the start of City of Miami Department of Community Development's ("CD") fiscal year effective April 1, 2011. CD had previously allocated CDBG funds, to the activities specified in Attachment "A", attached and incorporated, based on 12 months allocation and due to said change, Resolution No. 10-0255 has been amended to reflect new allocations based on 6 months in order to align with the new fiscal year. The Administration recommends allocating said funds to the various activities as specified in Attachment "A" for the 36th program year beginning October 1, 2010 and ending March 31, 2011.