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HomeMy WebLinkAboutexhibit 6-23-05Transferring CDBG Closed out funds and Commercial Facade Program funds to Allapattah Development, LLC. and Telemiami Inc. ATTACHMENT "A" Sources of Reallocation Amount Recommended Activity Name/Description Amount Redistribution of funds to Agencies/Program East Little Havana Community Development Corporation - Latin Quarter (IDIS# 907) $24,859.55 Allapattah Development, LLC. CDBG: Special Economic Development Activities: For the acquisition of a building located at 868 NW 21 Terrace; Creation of forty jobs for City of Miami residents $300,000.00 University of Miami (IDIS# 1337) $11,633.25 Telemiami, Inc. CDBG: Special Economic Development Activities: For the expansion of a business located at 2920 NW 7th Street; Creation of forty jobs for City of Miami residents $300,000.00 The Edgewater Economic Development Corporation, Inc. (IDIS# 1473) $16,144.57 Small Business Opportunity Center Inc. (IDIS# 1476) $67, 016.82 Jubilee Community Development Corporation - Pueblo Del Sol (IDIS# 1755) $91,020.22 South Florida Workforce Board, Inc $49,500.00 City of Miami Department of Community Development Commercial Facade Program (IDIS# 1662) $339,825.59 Total $600,000.00 $600,000.00