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J-03-515
6/12/03
RESOLUTION NO. 03- 670
A RESOLUTION OF THE MIAMI CITY COMMISSION
AUTHORIZING THE TRANSFER OF 28TH YEAR
COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS
PREVIOUSLY ALLOCATED TO THE DOWNTOWN
DEVELOPMENT AUTHORITY FOR MUNICIPAL SERVICES
AND RELATED ACTIVITIES, IN THE AMOUNT OF
$750,000, TO THE BUDGET OF THE DEPARTMENT OF
CAPITAL IMPROVEMENT PROJECTS FOR PROJECTS IN
THE DOWNTOWN AREA.
WHEREAS, Resolution No. 02-773, adopted July 8, 2002,
authorized the allocation of $7,395,100 of 28th Year Community
Development Bock Grant Funds and $1,300,000 of Program Income to
support City municipal services and related activities for the
28th Program Year beginning October 1, 2002 and ending
September 30, 2003, including funds in the amount of $750,000 to
Downtown Development Authority ("DDA"); and
WHEREAS, since many of the projects that were to be handled
by the DDA were transferred to the City of Miami Department of
Capital Improvement Projects, the funding for such services and
activities must also be transferred;
CITY CO U XSSION
MEETING OF
2f03
Resolution No.
03- 670