HomeMy WebLinkAboutsummary formDate: 3/23/2005
AGENDA ITEM SUMMARY FORM
FILE ID: C_ 5 O 3 _. ■
Requesting Department: Community Development
Commission Meeting Date: 4/14/2005 District Impacted: City wide
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Transferring funds from LTRA to Movers, Inc.
Purpose of Item:
The purpose of this item is for the City Commission to approve the transfer City of Miami
Department of Community Development 30th Year Long Term Rental Assistance Program (LTRA).
program funds, in the amount of $130,000, to Movers, Inc. for the rehabilitation of Life Quest I and
II.
Background Information:
Resolution No. 03-1244 adopted on December 18, 2003, allocated funds in the amount of
$100,000 to Movers; Inc. for the operation and maintenance of the Life Quest I and II, and the amount
of $150,000 for the construction and rehabilitation of the Life Quest facilities; and
• Resolution No. 04-0445, adopted July 8, 2004, transferred the amount of $100,000 from
Movers, Inc. for operating support programs to Movers, Inc. for the rehabilitation of the Life Quest I
and II facilities; and
Movers, Inc. requires additional funding to complete the rehabilitation of Life Quest I and II;
The Administration is requesting transferring City of Miami Department of Community
Development 30th Year Long Term Rental Assistance Program program funds, in the amount of
$130,000, to Movers, Inc.;
and
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:
CJP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGH AND DATE)
CIP Budget
If using or receiving capital funds
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