HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO :
FROM :
The Honorable Mayor and
Members of The City Commission
Joe Arriola
City Manager
DATE :
SUBJECT:
REFERENCES:
ENCLOSURES.
September 27, 2004
FILE :
Transferring of 30th year CDBG funds
from The Edgewater Economic
Development Corporation, Inc.
City Commission Meeting
October 28, 2004
RECOMMENDATION:
It is respectfully recommended that the City Commission adopt the attached Resolution,
with attachment(s), transferring 30th year Community Development Block Grant (CDBG)
funds in an amount not to exceed $40,000 from The Edgewater Economic Development
Corporation, Inc. to Downtown Miami Partnership, Inc. in an amount not to exceed
$20,000 and to Rafael Hernandez Housing & Economic Development Corp, in an amount
not to exceed $20,000 to provide technical assistance to private- for- profit entities,
commercial facade treatment programs and commercial code compliance programs.
BACKGROUND:
On June 10, 2004, the City Commission adopted Resolution No. R-04-0378 which
allocated 30t1, year CDBG funds in an amount not to exceed $40,000 to The Edgewater
Economic Development Corporation, Inc. to provide technical assistance to private- for -
profit entities, commercial facade treatment programs and commercial code compliance
programs. Said agency closed its offices and is no longer in business.
Resolution R-04-0378 also allocated CDBG funds in an amount not to exceed $100,000
to Downtown Miami Partnership, Inc. to provide technical assistance to private- for -
profit entities, commercial facade treatment programs and commercial code compliance
programs and funds in the amount of $100,000 to Rafael Hernandez Housing &
Economic Development Corp. to do commercial/industrial improvements and to provide
technical assistance to private- for- profit entities, commercial facade treatment programs
and commercial code compliance programs. Both agencies are in good standing with City
of Miami; therefore, an amendment to increase their 30th year contract is recommended.
This Administration is requesting that funds be transferred as specified below:
Aency/Activity
Transfer From:
Transfer To:
The Edgewater Economic
Development Corporation
Inc. (IDIS# 1668)
$40,000
Downtown Miami
Partnership, Inc. (IDIS#
1663)
$20,000
A2encv/Activity
Transfer From:
Transfer To:
Rafael Hernandez Housing
& Economic Development
Corp. (IDIS# 1665)
$20,000
Total:
$40,000
$40,000
It is recommended that the City Commission adopt the attached Resolution, with
attachment(s), transferring 30th year Community Development Block Grant (CDBG)
funds in an amount not to exceed $40,000 from The Edgewater Economic Development
Corporation, Inc. to Downtown Miami Partnership, Inc. in an amount not to exceed
$20,000 and to Rafael Hernandez Housing & Economic Development Corp. in an amount
not to exceed $20,000 to provide technical assistance to private for profit entities,
commercial facade treatment program and commercial code compliance.
The pro
MH/
osed Resolution does not have a budgetary impact on the General Fund.