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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARYSUMMARY FORM FILE ID: 0 `,, ` U '6 11e Date: 5/11/2006 Requesting Department: Community Development Commission Meeting Date: 6/8/2006 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: ACCEPTING EDI FUNDS: ELDERLY ASSISTANCE PROGRAM Purpose of Item: ACCEPTING A GRANT FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("U.S. HUD") ECONOMIC DEVELOPMENT INITIATIVE FUNDS, IN THE AMOUNT OF $247,500, FOR THE ELDERLY ASSISTANCE PROGRAM; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, TO IMPLEMENT ACCEPTANCE OF SAID GRANT Background Information: The Transportation, Treasury, Housing and Urban Development, the Judiciary, the District of Columbia, and Independent Agencies Act,2006 ("the Act"), was signed providing U.S. HUD with Economic Development Initiative ("EDI") funds for certain projects specified in the Conference Report accompanying the Act The City of Miami Elderly Assistance Program was specified in the Congressional Record of November 18, 2005 to receive grant funding Said funds may be utilized for acquisition, planning, design, purchase of equipment, revitalization, redevelopment or construction 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) City Manager Page 1 of 1