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HomeMy WebLinkAboutSummary Formfay Date: 5/08/2006 AGENDA ITEM SUMMARY FORM FILE ID: 06- MCI 0 Requesting Department: Community Development Commission Meeting Date: 6/8/2006 District Impacted: _ Type: ® Resolution 0 Ordinance ❑ Emergency Ordinance 0 Discussion Item 0 Other Subject: ACCEPTANCE AND ALLOCATION OF CDBG FUNDING: 32ND PROGRAM YEAR Purpose of Item: AUTHORIZING THE ACCEPTANCE OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE AMOUNT OF $8,450,357 FOR THE 32ND PROGRAM YEAR; ALLOCATING SAID FUNDS, AND FUTURE PROGRAM INCOME FUNDS, IN THE AMOUNT OF $1,000,000, FOR A TOTAL ALLOCATION OF $9,450,357 TO THE VARIOUS ACTIVITIES, AS SPECIFIED 1N ATTACHMENT"A", ATTACHED AND INCORPORATED, FOR THE 32ND PROGRAM YEAR, BEGINNING OCTOBER 1, 2006 Background Information: Federal regulations require the City of Miami ("City") to provide an opportunity for citizen participation in the planning process for the United States Department of Housing and Urban Development ("U.S. HUD") related grant activities; and Public hearings were held in the City Commission Districts to solicit public participation in the planning process for the City's U.S. HUD related grant activities; and The public hearings were duly advertised to provide public notice regarding the proposed use of said grants funds 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