HomeMy WebLinkAboutR-04-0796City of Miami
Legislation
Resolution: R-04-0796
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-01337 Final Action Date: 12/9/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE TRANSFER OF 30TH YEAR HOME INVESTMENT
PARTNERSHIP PROGRAM FUNDS IN THE AMOUNT OF $631,050;
ALLOCATING SAID FUNDS TO THE LITTLE HAVANA HOMEOWNERSHIP ZONE
TRUST FOR THE CONTINUATION AND COMPLETION OF SET PROJECTS.
WHEREAS, the balance of $631,050, in the Home Investment Partnership Program ("HOME")
needs to be swapped with the Little Havana Homeownership Zone Trust to cover projects currently
underway; and
WHEREAS, due to the timeliness issue requirement in which Community Development Block
Grant Program funds need to be expended; and
WHEREAS, HOME funds will allow for additional time for the continuation and completion of set
projects;
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 30th year HOME Program funds in the amount of $631,050, and the
allocation of said funds to the Little Havana Homeownership Zone Trust for the continuation and
completion of set projects, is authorized.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor {1}.
Footnotes:
{1} 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 1 of 1 File Id: 04-01337 (Version: 1) Printed On: 10/19/2016