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HomeMy WebLinkAboutsummary formAGENDA ITEM SUMMARY FORM FILE ID: 0 5 ~ 0050g Date: 5/12/2005 Commission Meeting Date: 6/9/2005 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Accepting Section 8 funding Purpose of Item: Requesting Department: Community Development A RESOLUTION OF THE MIAMI CITY COMMISSION, ACCEPTING THE SECTION 8 MODERATE REHABILITATION PROGRAM FUNDS, IN THE AMOUNT OF $3,791,756, FROM FISCAL YEAR 2005 ANNUAL CONTRIBUTIONS FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"). Background Information: ®o HUD has advised the City of Miami ("City") that the amount of $3,791,756 from Fiscal Year 2005 annual contributions is the projected allocation for the Section 8 Moderate Rehabilitation Housing Program. 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: CIP Final Approvals (SIGN AND RATE) Budget Risk Manageme Dept. Directo !fusing or receiving capital funds Grants Purcha ing C • f City Mana���`—� Page 1 of 1