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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: September 27, 2004 Transferring CDBG funds from Closed out Activities REFERENCES: City Commission Agenda ENCLOSURES: October 28, 2004 FILE : 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 $214,510.67 to City of Miami Single Family Programs for the processing of housing rehabilitation applications. BACKGROUND: This Administration is requesting that funds be transferred as specified below: Agency/Activity Transfer From: Transfer To: Miami Horizon Corp. (IDIS# 1288) $3,095.76 City of Miami Section 108 Debt Service (IDIS# 1479) $1,111.16 City of Miami Parks Department — Disabilities Program (IDIS# 1332) $10,303.75 City of Miami- Department of Community Development (IDIS# 1514) $200,000.00 City of Miami Single Family Programs (IDIS # 1599) $214,510.67 Funding to be utilized for the processing of housing rehabilitation applications. Total Funds: $214,510.67 $214,510.67 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 $214,510,67 to City of Miami Single Family Programs for the processing of housing rehabilitation applications. The pr LMH/ osed Resolution does not have a budgetary impact on the General Fund. R