HomeMy WebLinkAboutR-04-0371City of Miami
Legislation
Resolution: R-04-0371
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-00584 Final Action Date: 6/10/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
DE -OBLIGATION OF HOME INVESTMENT PARTNERSHIPS ("HOME") PROGRAM
FUNDS, IN AN AMOUNT NOT TO EXCEED $650,000, PREVIOUSLY ALLOCATED
TO THE MODEL CITY HOMEOWNERSHIP ZONE/PILOT PROJECT, AND
ALLOCATING SAID FUNDS TO AN IN -FILL AFFORDABLE HOUSING PROJECT IN
THE MODEL CITY AREA.
WHEREAS, Resolution No. 98-800, adopted July 21, 1998, allocated funds in a total amount of
$1,500,000, in Home Investment Partnerships ("HOME") Program funds for the acquisition of vacant
parcels and the construction of homes;
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 de -obligation of HOME Program funds, in an amount not to exceed $650,000,
previously allocated to the Model City Homeownership Zone/Pilot Project, and the allocation of said
funds to an in -fill affordable housing project in the Model City Area, is authorized.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor {1}.
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of (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 1 of 1 File Id: 04-00584 (Version: 1) Printed On: 9/15/2016