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HomeMy WebLinkAboutR-04-0117City of Miami Legislation Resolution: R-04-0117 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 04-00106 Final Action Date: 2/26/2004 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF FY'2004-2005 HOME INVESTMENT PARTNERSHIPS ("HOME") FUNDS, IN THE TOTAL AMOUNT NOT TO EXCEED $5,117,000, $1,500,000 TO THE LITTLE HAVANA HOME OWNERSHIP ADVISORY BOARD, FOR THE DEVELOPMENT OF HOUSING, $776,325, FOR NEW CONSTRUCTION OF RENTAL HOUSING, $2,328,975 FOR NEW CONSTRUCTION OF HOME OWNERSHIP HOUSING, AND $511,700, FOR ADMINISTRATION; FURTHER ADOPTING THE HOUSING DEVELOPMENT POLICIES, ATTACHED AND INCORPORATED, RELATED TO THE FUNDING OF RENTAL AND HOME OWNERSHIP HOUSING PROJECTS UNDER THE HOME PROGRAM. WHEREAS, the Administration has proposed Housing Development Policies, attached and incorporated, for funding of rental and home ownership projects under the Home Investment Partnerships ("HOME") programs; and WHEREAS, pursuant to Resolution No. 03-454, approved May 8, 2003, the Miami City Commission authorized the creation of the Little Havana Home Ownership Advisory Board; 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 allocation of FY'2004-2005 HOME funds is authorized as follows: Little Havana Home Ownership Advisory Board New Construction - Rental Housing New Construction - Home Ownership Housing Administration Total Allocation $1,500,000 776,325 2,328,975 511,700 $5,117,000 Section 3. The Housing Development Policies, attached and incorporated, related to the funding of rental and home ownership housing projects in FY'2004-2005 under the HOME Program, are adopted. Section 4. This Resolution shall become effective immediately upon its adoption and City of Miami Page 1 of 2 File Id: 04-00106 (Version: 1) Printed On: 8/31/2016 File Number: 04-00106 Enactment Number: R-04-0117 signature of the Mayor.{1} Footnotes: {1} 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: 04-00106 (Version: 1) Printed On: 8/31/2016