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HomeMy WebLinkAboutresolutionCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci,miami,fl.us File Number: 05-00283 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE TRANSFER OF CLOSED OUT COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, IN THE AMOUNT OF $638,956.81, AND PROGRAM INCOME FUNDS, 1N THE AMOUNT OF $1,122,689.19, FORA TOTAL OF $1,761, 646; ALLOCATING SAID FUNDS TO THE CITY OF MIAMI DEPARTMENT OF CAPITAL IMPROVEMENTS FOR THE ALLAPATTAH STREET IMPROVEMENT PROJECT. WHEREAS, Resolution No. 04-0758, adopted November 18, 2004, guaranteed the allocation of 2005 Community Development Block Grant ("CDBG") funds to District 5 Capital Improvement Projects, unless funds became available prior to the 2005 CDBG allocation (due to closing of contract), in which instance said funds were to be awarded to District 5; and WHEREAS, due to closing of CDBG contracts and program income, funds have become available for distribution; and WHEREAS, the City of Miami Department of Capital Improvements ("CIP") solicited bids when their plan to use Job Order Contracting was not approved by the Department of Housing and Urban Development; and WHEREAS, CIP has obtained a commitment from a successful bidder that the work will be completed by June 30, 2005; and WHEREAS, the Administration is requesting the transfer of said funds; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals 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 closed out CDBG funds, in the amount of $638,956.81, and program income funds, in the amount of $1,122,689.19, for a total of $1,761,646, and the allocation of said funds to CIP for the Allapattah Street Improvement Project, is authorized. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} APPRD ;,LT• FORM AND CORRECNESS: ER ' ' . EZ ERM N EY Page I of 2 Printed On: 3/31/2005 City of Miami File Number: 05-00283 Footnotes: {1) If the Mayor does not sign this resolution, it shall become effective at the end of ten 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 Printed On: 3/31/200.5