HomeMy WebLinkAboutcover memoTO :
FROM :
The Honorab
ers o
ola
anager
or and
om
RECOMMENDATION:
It is respectfully recommended that the City Commission adopt the attached Resolution,
Attachment, transferring 29th Year Community Development Block Grant (CDBG) funds i the
amount of $255,716 from Word of Life Community Development Corporation and transferring
e
said funds to the District 5 Reserve Account. g
BACKGROUND:
On June 24, 2003, the City Commission adopted Resolution No. 03-710, allocating
CDBG funds in the amount of $259,516 for capital improvement projects to Word29th Life
Community Development Corporation The contract is expired. of Life
It is recommended that the City Commission adopt the attached Resolution, with
Attac
transferring 29th Year CDBG funds in the amount of $255,716 from Word of Life Community
Development Corporation and transferring said funds to the District 5 Reserve Account
rp
T + osed Resolution does not have a budgetary impact on the General Fund.
MH/: GR
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
on
DATE;
August 24, 2004
FILE :
SUBJECT : Transfer of CDBG funds from
Word of Life to District 5 Reserve
REFERENCES : City Commission Agenda
ENCLOSURES; September 23, 2004