HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
APR - 4 2004
to -0)
TO
FROM :
The Honorable Mayor and
Members of T13eXity.commission
JSet Arriola
Tty Manager
DATE:
SUBJECT:
REFERENCES:
ENCLOSURES:
Transfer of CDBG funrom the
Little Havana Homeownership
Trust to the Miami Off -Street
Parking Authority
City Commission Agenda
May 27, 2004
RECOMMENDATION:
It is respectfully recommended that the City Commission adopt the attached Resolution,
authorizing the transfer of $1,070,000 of Community Development Block Grant (CDBG)
funds previously allocated to the Little Havana Homeownership Trust to the City of
Miami Off -Street Parking Authority to acquire property and develop said property into a
public parking lot that is located at 901 SW 15th Avenue also known as 1432 SW 8th
Street.
BACKGROUND:
Resolution No.03-454 adopted on May 8, 2003 allocated a total of $1,500,000
Community Development Block Grants to the Little Havana Homeownership Trust
activities.
Agency / Activity Transfer From: Transfer To:
Little Havana Home -Ownership Trust (IDIS#1522) $1,070,000
City of Miami Off -Street Parking Authority
Property Acquisition $750,000
Construction of Public Parking Lot $320,000
Total Funds $1,070,000 $1,070,000
It is recommended that the City Commission adopt the attached Resolution authorizing
the transfer of $ 1,070,000 CDBG funds previously allocated to the Little Havana
Homeownership Trust to the City Miami Off -Street Parking Authority to acquire
property and develop said property into a public parking lot located at 901 SW 15th
Avenue also known as 1432 SW 8th Street.
The proposed Resolution does not have a budgetary impact on the General Fund.