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HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM PH.2 TO : FROM : The Honorable Mayor . • d DATE : Membe _ of The C. Joe Ar City M er ission SUBJECT: nrr 2 Tin FILE : District 1 & 3 Econ Dev Reserves & 29th Year .CDBG Program Income Allocations REFERENCES : City Commission Agenda December 11, 2003 ENCLOSURES: RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached Resolution, with attachment(s), allocating 29th Year Community Development Block Grant (CDBG) funds, in the category of Economic Development, in the amount of $178,513 from the District 1 Reserve Fund and $130,000 from the District 3 Reserve Fund, to the agencies and in the amounts specified in the attachment for the activities specified in the attachment; and allocating a total of $911,980 from CDBG program income reported through September 30, 2003, in the amounts and for the activities specified in the attachment; and allocating 28th Year CDBG funds in the amount of $25,050 from the 28th Year Reserve Fund to the Theodore Roosevelt Gibson Memorial Fund, Incorporated / Thelma Gibson Health Initiative; and also allocating future CDBG Program Income to the Single Family Programs on a quarterly basis; and further authorizing the City Manager to enter into agreement with, or amend the existing agreement of, each individual agency for said purpose, substantially in the attached form(s), subject to applicable City Code provisions, BACKGROUND: On June 24, 2003, the City Commission adopted Resolution No. 03-710 allocating 29th Year CDBG funds in the category of Economic Development for the 29th Program Year beginning October 1, 2003, including funds in the amount of $178,513 to the District 1 Reserve Fund and $240,041 to the District 3 Reserve Fund. No allocations have been made from these reserves since that time. On July 8, 2002, the City Commission allocated 28th Year CDBG funds for the 28th Program Year, including $116,050 to the 28th Year Reserve Fund. The unused balance of this reserve is $25,050. On June 24, 2003, the City Commission adopted the Local Housing Assistance Plan (LHAP) including guidelines for the City's Single Family Programs. The Administration recommends that future CDBG Program Income be allocated directly to the Single Family Programs on a quarterly basis. Agency/Reserve From To District 1 Reserve Fund (IDIS# 1470) $ 178,513 Allapattah Business Development Authority, Inc. (IDIS# 1468) $ 63,513 Allapattah-Wynwood Community And Development Center, Inc. (IDIS# 1358) 70,000 Assistance to the Elderly, Inc. 25,000 Allapattah Community Action, Inc. 20,000 District 3 Reserve Fund - Beginning Balance 240,041 Little Havana Activities & Nutrition Centers of Dade County, Inc. / Villaverde Center 40,000 Latin Quarter Cultural Center of Miami, Inc. (IDIS# 1361) 40,000 Sisters and Brothers Forever, Inc. 15,000 Catholic Charities of the Archdiocese of Miami, Inc. / Centro Mater Childcare Center 35,000 District 3 Reserve Fund (IDIS# 1471) - Ending Balance 110,041 (28th Year) Reserve Fund Theodore Roosevelt Gibson Memorial Fund, Incorporated / Thelma Gibson Health Initiative (District 2) 25,050 25,050 CDBG Program Income (IDIS# 1544) 911,980 City of Miami Department of Capital Improvement Projects / Manuel Artime Building 100,000 Single Family Programs 811,980 It is recommended that the City Commission adopt the attached Resolution, with attachment(s), allocating 29th Year Community Development Block Grant (CDBG) funds, in the category of Economic Development, in the amount of $178,513 from the District 1 Reserve Fund and $130,000 from the District 3 Reserve Fund, to the agencies and in the amounts specified in the attachment for the activities specified in the attachment; and allocating a total of $911,980 from CDBG program income reported through September 30, 2003, in the amounts and for the activities specified in the attachment; and allocating 28th Year CDBG funds in the amount of $25,050 from the 28th Year Reserve Fund to the Theodore Roosevelt Gibson Memorial Fund, Incorporated / Thelma Gibson Health Initiative; and also allocating future CDBG Program Income to the Single Family Programs on a quarterly basis; and further authorizing the City Manager to enter into agreement with, or amend the existing agreement of, each individual agency for said purpose, substantially in the attached form(s), subject to applicable City Code provisions, The pros osed Resolution does not have a budgetary impact on the General Fund.