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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; 05-00337 Final Action Date; A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE TRANSFER OF DISTRICT 5 HOME INVESTMENT PARTNERSHIPS PROGRAM ("HOME") FUNDS IN THE AMOUNT OF $125,000 AND THE TRANSFER OF 30TH YEAR COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") PROGRAM INCOME IN THE AMOUNT OF $125,000; ALLOCATING SAID HOME FUNDS TO THE FIRST TIME HOMEBUYER PROGRAM AND SAID CDBG PROGRAM INCOME FUNDS TO THE DEPARTMENT OF CAPITAL IMPROVEMENT PROJECTS TO CONTRACT AN ENGINEERING FIRM FOR AN OVERALL ASSESSMENT AND SCOPE OF SERVICES OUTLINED FOR TOWN PARK VILLAGE. WHEREAS, the amount of $125,000 to the First Time Homebuyer Program will be utilized for down payment and closing cost assistance for homebuyers; and WHEREAS, Town Park Village provides housing to persons and families earning between 30% to 50% of median income; and WHEREAS, the buildings and units are in need of repair as a result of years of neglect; and WHEREAS, the homeowner's association has requested the City of Miami's assistance in addressing the physical repair issues that have surfaced because of the aforementioned; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORI DA: 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 District 5 Home Investment Partnerships Program ("HOME") funds in the amount of $125,000 and the transfer of 30th year Community Development Block Grant ("CDBG") Program Income in the amount of $125,000, and the allocation of said HOME funds to the First Time Homebuyer Program and said CDBG Program Income funds to the Department of Capital Improvement Projects to contract an engineering firm for an overall assessment and scope of services outlined for Town Park Village, is authorized. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1) Cio' of Miami Page 1 of 2 Printed On: 4/11/2003' File Number: 05-00337 APPROVED ` S TO FORM AND CORRECTNESS JOGE L. CITY TT� Footnotea : ERN ` NDEZ VQA RNE {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 Printer! On: 4/11/2005