HomeMy WebLinkAboutsummary formDate: 1/11/2005
AGENDA ITEM SUMMARY FORM
FILE ID: 0 5— 00041
Requesting Department: Community Development
Commission Meeting Date: 2/10/2005 District Impacted: City wide
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Transferring HOPWA funds from MOVERS, Inc.
Purpose of Item:
The purpose of this item is to transfer HOPWA program funds in the amount of $63,000 from
MOVERS, Inc. for the operating support of Life Quest I and II and the amount of $80,500 from
MOVERS, Inc. for the operating support of Sugar Hill properties; and allocating said funds to City of
Miami Long Term Rental Assistance Program.
Background Information:
On July 8, 2004, the City Commission adopted Resolution No. 04-0444 allocated MOVERS, Inc. the
amount of $63,000 for the operating support of Life Quest I & II and the amount of $80,500 for the
operating support of Sugar Hill properties. Due to a feasability issue, said funds will not be utilized
under project based funding at this time. Resolution No. 04-0337, adopted by the City Commission on
June 10, 2004 approved the allocation of Fiscal Year 2004-2005 HOPWA funds to provide housing
assistance and housing related services.
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
Final Approvals
(SIGN AND DATE)
Budget
Risk Manag
Dept. Direct
City Manage
If using or receiving capital funds
Grants
Purchas
Chi
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