HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: b 6 — 6 015
Date: 6/13/2005
Commission Meeting Date: 7/7/2005
Requesting Department: Community Development
District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Transfer funds to Accion International, Inc.
Purpose of Item:
AUTHORIZING THE TRANSFER OF FUNDS, IN THE AMOUNT OF $200,000.00, FROM THE
SPECIAL REVENUE ACCOUNT ENTITLED, "POVERTY INITIATIVE", TO THE CITY OF
MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT TO FUND ACCION
INTERNATIONAL, INC. ("ACCION") FOR THE UNDERWRITING OF SMALL BUSINESS
LOANS ASSOCIATED WITH THE CONTINUATION OF PHASE II OF THE CITYWIDE
POVERTY INITIATIVE; AUTHORIZING THE CITY MANAGER TO EXECUTE AN
AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH SAID AGENCY FOR
SAID PURPOSE.
Background Information:
See attached.
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:
Dept. DIr
C
Final Approvals
(SIGN AND DATE)
City Manager,
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