HomeMy WebLinkAboutsummary formDate: 4/25/2005
AGENDA ITEM SUMMARY FORM
FILE ID: OS-00313
Requesting Department: Community Development
Commission Meeting Date: 5/12/2005 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Transferring 30th Year CDBG Commercial Code Compliance Program funds to .ABDA
Tarpun and Commercial Facade Program
Purpose of Item:
AUTHORIZING THE TRANSFER OF 30TH YEAR COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") CITY OF MIAMI COMMERCIAL CODE COMPLIANCE PROGRAM
FUNDS, IN THE TOTAL AMOUNT OF $400,000; ALLOCATING SAID FUNDS, TO
ALLAPATTAH BUSINESS DEVELOPMENT AUTHORITY, INC., ("ABDA") IN THE AMOUNT
OF $50,000, TO CONTINUE TO PROVIDE ECONOMIC DEVELOPMENT ACTIVITIES, TO
TARPUN BAY USA, INC, ("TARPUN") IN THE AMOUNT OF $90,000, FOR COMMERCIAL
REHABILITATION AND THE CREATION OF SIX (6) JOBS FOR RESIDENTS OF LITTLE
HAITI/ DISTRICT 5 AREA AND TO THE CITY OF MIAMI COMMERCIAL FA(A][)E
PROGRAM, IN THE AMOUNT OF $260,000;
Background Information:
• Resolution No. 04-0378, adopted June 10, 2004, allocated $50,000 to ABDA for economic
development activities in the 30th Year;
• Tarpun was previously allocated $90,000 to create new employment opportunities for
residents of the Little Haiti Neighborhood/ District 5 but said agency was not ready and the City
Commission de -obligated said funds;
• Tarpun is ready and committed to create six (6) jobs for residents of Little Haiti/District 5 area
ensuring compliance with the Little Haiti Job Creation Pilot program guidelines;
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:
1
Final Approvals
(SIGN AND DATE1
p Budget
If using or receiving capital funds
Grants Risk Manageme
Purchasing Dept. Director
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City Manager,
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