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HomeMy WebLinkAboutSUMMARY FORMAGENDA ITEM SUMMARY FORM Law Department Matter ID No. 1,1 10-2301 FILE ID: /f Date: 08/13/2010 Requesting Department: Communily Development Commission Meeting Date: 09/16/2010 District Impacted: 5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: EXTENSION OF AGREEMENT END TERM DATE WITH NEIGHBORS AND NEIGHBORS ASSOCIATION, INC. Purpose of Item: AUTHORIZING THE CITY MANAGER TO EXTEND THE AGREEMENT END TERM DATE, BETWEEN THE CITY OF MIAMI ("CITY") AND NEIGHBORS AND NEIGHBORS ASSOCIATION, INC., FROM OCTOBER 15, 2010 TO OCTOBER 15, 2011 TO ALLOW FOR THE COMPLETION OF THE REHABILITATION AND CONSTRUCTION IMPROVEMENTS OF THE PROPERTIES LOCATED AT 5861 NORTHWEST 17T" AVENUE AND 5841-45 NORTHWEST 17TH AVENUE, MIAMI, FLORIDA, KNOWN AS THE DISTRICT 5 BUSINESS CORRIDOR EXPANSION PROJECT; AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE EXISTING AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH SAID ENTITY, FOR SAID PURPOSES. 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 o: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 I AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 08-0122, adopted March 13, 2008, the Miami City Commission authorized the allocation of $250,000 in Community Development Block Grant ("CDBG") funds to Neighbors and Neighbors Association, Inc.("NANA") to provide special economic development activities for the rehabilitation and construction improvements of the properties located at 5861 Northwest 17th Avenue and 5841-45 Northwest 17th Avenue, known as the District 5 Business Corridor Expansion Project. On June 8, 2010, the City of Miami Department of Community Development received a letter from NANA requesting that the term of the contract be extended for a year due to delays in completing the architectural plans and obtaining plans approval; in addition, the project is pending the receipt of the United States Department of Housing and Urban Development's environmental clearance. The Administration recommends to extend the Agreement end term date, between the City and NANA, from October 15, 2010 to October 15, 2011, to allow for the completion of the rehabilitation and construction improvements of the properties located at 5861 Northwest 17th Avenue and 5841- 45 Northwest 17th Avenue, Miami, Florida, known as the District 5 Business Corridor Expansion Project.