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HomeMy WebLinkAboutpre legislationPPR-2.2-2004 1Z:41 CITY CLERKS OFFICE 305 858 1610 P.02 J-03--424 05/08/03 RESOLUTION NO. 03- 454 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACH1 ENT ($) , AUTHORIZING THE ALLOCATION.OF 297 YEAR COMMUNITY .DEVELOPMENT BLOCK GRANT .("CDBG").. PROGRAM FUNDS, IN THE AMOUNT. .OF.$1,500,000,..TO. CREATE THE LITTLE • HAVANA HOME. •OWNERSHIP ZONE TRUST AND 29TH YEAR .HOME. INVESTMENT •PARTNERSHIPS ("HOME") PROGRAM- FUNDS, IN THE AMOUNT OF $500,000, TO CREATE THE• DISTRICT 4. HOUSING PILOT PROJECT FOR THE DEVELOPMENT OF AFFORDABLE HOUSING; AND FURTHER ADOPTING THE 29TH YEAR CDBG PROGRAM AND HOME PROGRAM POLICY FOR CDBG HOUSING DEVELOPMENT CATEGORY AND HOME HOMEOWNERSHIP ACTIVITIES, ATTACHED AND INCORPORATED. WHEREAS, the Admini rtration has proposed the 29" Year Community Development Block Grant ("CDBG") Program and Home Investment Partnerships ("HOME") Program Policy for CDBG Housing Development Category and HOME homeownership activities, attached and incorporated: and WHEREAS, the City Commission wishes to authorize the allocation of funds from (1) 29th Year Community Development Block Grant ("CDBG") Program Funds, in the amount of $1, 500, 000, to create the Little Havana Home Ownership Zone Trust and (2) 29t'' Year Home Investment Partnerships ("HOME") program funds, in CITY CQMIpzq MEETING OF MAY 0 "c 2P03 ReaobutLon NQ. . APR-2'3-2004 10 42 CITY CLERKS OFFICE 305 858 1610 P.03 the amount of $500,000, to create the District 4 Housing Pilot Project for the development of affordable housing; 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 (1) 29c1' Year Community Development Block Grant ("CDBG") Program Funds, in the amount of $1,500,000 to create the Little Havana Home Ownership Zone Trust and (2) 29th Year Home Investment Partnerships ("HOME") Program Funds, in the amount of $500,000, to create the District 4 Lousing Pilot Project for the development of affordable housing are authorized. Section 3. The 29t'' Year CDBG Program and HOME Program Policy for the CDBG Housing Development Category and HOME Homeownership Activities, attached and incorporated, is adopted. :'age 2 of 3 , 03-- 454 RPR-28-2004 1 @ : 42 CITY CLERKS OFFICE 305 850 1610 P.@4 PTh ft7 Section 4. This Resolution shall become effective. immedia:ely upon its adoption and signature of the Mayor.v PASSED AND ADOPTED this gth day of May ATTEST: PRI ILLA A. THOMPSON OTT CLERK APPROVED 0 ORM Ate;, CORRECTNESS , VILA Y Ap.DRNEY J 8:tr.:AS:BSS 11 2003. UEL A. DIAZ, MAYO 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. Page 3 of 3 ,. 03- 454