HomeMy WebLinkAboutcover memo-a occ O
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO :
The H orable Mayo .and
Member of The C. Commission
FROM : .Joe 'rri la
City Ma ager
JAk ' zu04
DATE : FILE :
Ordinance accepting a FY'2004
SUBJECT : Surtax Grant of $1,000,000 from
Miami -Dade County
REFERENCES : City Commission Agenda
January 22, 2004
ENCLOSURES:
RECOMMENDATION:
It is respectfully recommended that the City Commission adopt the attached Ordinance
establishing a new Special Revenue Fund entitled: "FY'2004 Miami -Dade County Surtax Fund"
to provide multi -family housing rehabilitation for properties with expiring contracts for Section 8
project based housing units, in order to increase availability of decent affordable homeownership
and rental housing units, and appropriating $1,000,000 to said fund; further authorizing the City
Manager to accept a grant from Miami -Dade County and to execute the necessary documents, in
a form acceptable to the City Attorney, to implement acceptance of said grant; containing a
repealer provision and a severability clause.
BACKGROUND:
On October 20, 2003, the Miami -Dade Office of Community and Economic Development
(OCED) announced that the City of Miami would be recommended for an allocation of
$1,000,000 in FY'2004 Surtax funds as part of the Miami -Dade County FY'2004 Action Plan.
It is recommended that the City Commission adopt the attached Ordinance establishing a new
Special Revenue Fund entitled: "FY'2004 Miami -Dade County Surtax Fund" to provide multi-
family housing rehabilitation for properties with expiring contracts for Section 8 project based
housing units, in order to increase availability of decent affordable homeownership and rental
housing units, and appropriating $1,000,000 to said fund; further authorizing the City Manager to
accept a grant from Miami -Dade County and to execute the necessary documents, in a form
acceptable to the City Attorney, to implement acceptance of said grant; containing a repealer
provision and a severability clause.
The proposed Ordinance does not have a budgetary impact on the General Fund.
MThBGR�