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HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM -p 1i Ok^Olt The - onorable Mayo and Me rs of The Joe ola Cit nager DATE: SUBJECT: September 16, 2004 FILE : Transferring CDBG funds from Closed out Activities REFERENCES : City Commission Agenda October 14, 2004 ENCLOSURES: RECOMMENDATION: It is respectfully recommended that the City Commission adopt the attached Resolution, with Attachment(s), authorizing the transfer of closeout Community Development Block Grant (CDBG) funds in an amount not to exceed $999,297.00 to Southwest Social Services, Inc. in an amount not to exceed $81,300.00; to Telemiami, Inc. in an amount not to exceed $300,000.00; to Allapattah Wynwood Community and Development Center, Inc. in an amount not to exceed $290,000.00; to St. Alban's Day Nursery, Inc. in an amount not to exceed $50,000.00; to housing activities to be funded and approved by the Housing & Commercial Loan Committee in the amount not to exceed $277,997.00. BACKGROUND: This Administration is requesting that funds be transferred as specified below: Mencv/Activity City of Miami Lot Clearing (IDIS # 1120) City of Miami Lot Clearing (IDIS# 1331) City of Miami Code Enforcement -NET (IDIS# 1333) City of Miami Code Enforcement Building (IDIS# 1334) Southwest Social Services, Inc. (IDIS# 1441) Funding to be utilized for the completion of the City owned parking lot adjacent to the elderly meals program center. Telemiami, Inc. Funding to be utilized for job creation where said business will enter into a deferred (5 year) forgivable loan to create 20 jobs for low moderate income individuals. Transfer From: $560,203.53 $182,187.96 $132,888.75 $124,016.76 Transfer To: $81,300.00 $300,000.00 Agencv/Activitv Transfer From: Transfer To: Allapattah Wynwood Community and Development Center, $290,000.00 Inc. (IDIS# 1358) Funding to be utilized for the completion of a childcare facility adjacent to said agency's existing property. St. Alban's Day Nursery, Inc. $50,000.00 Funding to be utilized for playground improvements for the Booker Street location (District 2) which provides services to Head Start children and for the creation of a shaded playground with cover for the infant facility located at Williams Street. Housing activities to be funded and approved by Housing & Commercial Loan Committee $277,997.00 Total Funds: $999,297.00 $999,297.00 It is recommended that the City Commission adopt the attached Resolution, with Attachment(s), authorizing the transfer of Community Development Block Grant (CDBG) funds from closed out activities in an amount not to exceed $999,297.00 to Southwest Social Services, Inc, in an amount not to exceed $81,300.00; to Telemiami, Inc. in an amount not to exceed $300,000.00; to Allapattah Wynwood Community and Development Center, Inc. in an amount not to exceed $290,000.00; to St. Alban's Day Nursery, Inc. in an amount not to exceed $50,000.00; to housing activities to be funded and approved by the Housing & Commercial Loan Committee in the amount not to exceed $277,997.00. The proprv.osed Resolution does not have a budgetary impact on the General Fund. 4, , LMH/B R