HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
AN( -- 4 2004.
TO :
FROM :
The Honor e Mayor and
`Members f The City Co fission
nC.:, -,,
(Joe Arriola
iCity Manager
DATE:
SUBJECT:
REFERENCES:
ENCLOSURES:
Transfer of CDBG funds5from
Rafael Hernandez Housing and
Economic Development Corp, Inc.
City Commission Agenda
May 27, 2004
RECOMMENDATION:
It is respectfully recommended that the City Commission adopt the attached Resolution,
with attachment(s) authorizing the transfer of funds previously allocated to the Rafael
Hernandez .Housing and Economic Development Corp. from the 29th year CDBG for
Economic Development in the amount of $65,000.00; said funds to be transferred to
Rafael Hernandez Housing and Economic Development Corp. for Housing Project
Management Support; and further authorizing the City Manager to execute an
amendment and an agreement in substantially the attached form(s), for said purposes.
BACKGROUND:
Resolution No. 03-710 adopted on June 24, 2003, allocated a total of $123,045. in the
29th year CDBG funds for Rafael Hernandez Housing and Economic Development Corp,
Inc. development activities beginning October 1, 2003.
The Rafael Hernandez Housing and Economic Development Corp. wishes to change the
work program of the agency in order to develop affordable housing projects in District 2.
At encv / Activity
Rafael Hernandez Housing and Economic
Development Corp.(IDIS #1475)
Rafael Iernandez Housing and Economic
Development Corp.
Total Funds
Transfer From: Transfer To:
$65,000.00
$65,000.00
$65,000.00 $65,000.00
It is recommended that the City Commission adopt the attached Resolution, with
attachment(s) authorizing the transfer of funds previously allocated to Rafael Hernandez
Housing and Economic Development Corp. from the 29th year CDBG funds for economic
development, in the amount of $65,000.00 said funds to be transferred to Rafael
Hernandez Housing and Economic Development Corp, Inc. for housing project
management support; and further authorizing the City Manager to execute an amendment
and an agreement in substantially the attached form(s), for said purposes.
sed Resolution does not have a budgetary impact on the General Fund.
MH/BGR