Loading...
HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA ekk afis\o INTER -OFFICE MEMORANDUM TO : DATE : Th- . onorable ayor an M; ers of T. e • ty Com FROM : Joe A riola City anager SUBJECT: REFERENCES: AUG 2 3 2004 FILE Transferring $150,000 from Neptune & San Restaurant and Beauty Shop Corporation to the District 5 Little Haiti Job Creation Pilot Project. ENCLOSURES: City Commission Meeting July 22, 2004 RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached Resolution, with attachment(s), authorizing the transfer of funds in the amount of $150,000 from Neptune & Son Restaurant and Beauty Shop Corporation (Neptune & San) to the District 5 Little Haiti Job Creation Pilot Project for economic development activities. BACKGROUND: Resolution No. 03-996, allocated Community Development Block Grant (CDBG) funds in the amount of $150,000 to Neptune & Son in the Economic Development category. Unfortunately, Neptune & Son could not obtain environmental approval because of a significant concentration of dry cleaning chemicals found in the underground water of the property. Therefore, this administration recommends that the funds be reallocated to the District 5 Little Haiti Job Creation Pilot Project to fund those applicants on the waiting list. It is respectfully recommended that the City Commission adopt the attached Resolution, with attachment(s), authorizing the transfer of funds in the amount of $150,000 from Neptune & Son Restaurant and Beauty Shop Corporation to District 5 Little Haiti Job Creation Pilot Project to implement economic development activities. The, t"t osed Resolution does not have a budgetary impact on the General Fund. MH : GR