HomeMy WebLinkAboutSummary FormDate: 8/11/2005
AGENDA ITEM SUMMARY FORM
FILE ID: 0 5- 0 D qlr0
Requesting Department: Community Development
Commission Meeting Date: 9/8/2005 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Transferring Program Income funds to Commercial FACADE Program
Purpose of Item:
Authorizing the transfer of 30th year CDBG program income funds, in the amount of $689,064, to the
City of Miami Department of Community Development Commercial Facade Program.
Background Information:
The Administration is requesting the transfer of 30th Year CDBG program income funds to the City
of Miami Department of Community Development Commercial Facade Program;
Attachment "A", attached and incorporated, details 30th year CDBG funding allocations for the
Commercial Facade Program;
The additional funds, in the amount of $689,064, is for hard costs associated with Commercial Facade
projects;
Said funds will be utilized to pay businesses directly, no administrative cost will be covered.
Budiet 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 ct
Chi
Final Approvals
jSIGN AND DATE1
City Manager
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