HomeMy WebLinkAboutR-04-0706City of Miami
Legislation
Resolution: R-04-0706
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-01151 Final Action Date: 10/28/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT
PROGRAM FUNDS, IN THE TOTAL AMOUNT OF $2,965,179, FROM
THE CITY OF MIAMI COMMUNITY REDEVELOPMENT AGENCY ("CRA") RESERVE
ACCOUNT; ALLOCATING SAID FUNDS, IN THE AMOUNT OF $776,210, TO THE
CITY OF MIAMI CRA'S GRAND PROMENADE PROJECT, AND THE AMOUNT OF
$2,188,969 TO THE DISTRICT 5 SINGLE FAMILY REHABILITATION PROGRAM;
AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT, IN
SUBSTANTIALLY THE ATTACHED FORM, WITH THE CRA FOR SAID PURPOSE.
WHEREAS, Resolution No. 02-495, adopted April 25, 2002, re -categorized previously approved
Community Development Block Grant ("CDBG") Program funds from the economic development
category to the public improvements category, in an amount not to exceed $5,000,000 pursuant to
Resolution Nos. 00-427 and 01-1150 for the historic Overtown priority business corridor and the
Overtown/Park West district; and
WHEREAS, on May 19, 2003, the Community Redevelopment Agency ("CRA") board approved
the creation and the funding for the Grand Promenade Project ("Project"); and
WHEREAS, this administration is requesting that CDBG funds in the total amount of $2,965,179,
be transferred from City of Miami ("City") CRA Reserve Account; and
WHEREAS, said funds in an amount not to exceed $2,965,179, have not been utilized, and said
recovered funds are recommended to be transferred to the CRA's Project in the amount of $776,210,
and to the District 5 Single Family Rehabilitation Program in the amount of $2,188,969;
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 transfer of CDBG Program funds, in the total amount of $2,965,179, from the
City's CRA Reserve Account and the allocation of said funds, in the amount of $776,210, to the
CRA's Project, and the amount of $2,188,969, to the District 5 Single Family Rehabilitation Program,
is authorized.
Section 3. The City Manager is authorized{1} to execute an Agreement, in substantially the
attached form, with the CRA for said purpose.
City of Miami
Page 1 of 2 File Id: 04-01151 (Version: 1) Printed On: 10/13/2016
File Number: 04-01151 Enactment Number: R-04-0706
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor {2}.
Footnotes:
{1} The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter
and Code provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (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 2 of 2 File Id: 04-01151 (Version: 1) Printed On: 10/13/2016