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HomeMy WebLinkAboutsummary formDate: 4/18/2005 AGENDA ITEM SUMMARY FORM FILE ID: 0 5- 00451 Requesting Department: Community Development Commission Meeting Date: 5/26/2005 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item 0 Other Subject: Transferring 30th Year CDBG Program Income funds to IDS, Inc. Purpose of Item: AUTHORIZING THE TRANSFER OF 3OTH YEAR COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") PROGRAM INCOME FUNDS, IN THE TOTAL AMOUNT OF $300,000; ALLOCATING SAID FUNDS, TO IDS, INC. / MIAMI HORIZON PROJECT UNDER SPECIAL ECONOMIC DEVELOPMENT ACTIVITIES WHICH INCLUDE THE DEVELOPMENT OF AN URGENT CARE CENTER AND THE CREATION OF 30 NEW JOBS FOR CITY OF MIAMI RESIDENTS Background Information: • The Miami Horizon Project consists of opening a Medical & Urgent Care Center at the Victoria Medical Building located at 955 NW 3 Street, Miami, FL 33128; • Center will provide immediate medical services, clinical trials, urgent care and specialty services to the nursing home in the building and its surrounding communities; • IDS, Inc. / Miami Horizon Project will create 30 new jobs for City of Miami residents, 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: Final Approvals (SIGN AND DATE) CIP Budget If using or receiving capital funds Grants Risk Managem Purchasing Dept. Directo Chief City Manage 1:1RnP 1 of 1