HomeMy WebLinkAboutSummary FormDate: 7/24/2006
AGENDA ITEM SUMMARY FORM
FILE TO: 06— 0
Requesting Department: Community Development
Commission Meeting Date: 9/14/2006 District Impacted:
Type: ® Resolution D Ordinance Emergency Ordinance [] Discussion Rem
❑ Other
Subject: TRANSFER OF CDBG FUNDS TO BETTER WAY OF MIAMI, INC.
Purpose of Item:
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG")
FUNDS, IN THE AMOUNT OF $80,040, FROM CITY OF MIAMI- REVOLVING LOAN PROGRAM;
ALLOCATING SAID FUNDS TO BETTER WAY OF MIAMI, INC. ("BETTER WAY"), 'FOR THE
REHABILITATION OF SAID AGENCY'S LONG TERM HOMELESS HOUSING FACILITY
LOCATED AT 675 NORTHWEST 17 STREET, MIAMI, FLORIDA; AUTHORIZING THE CITY
MANAGER TO EXECUTE AN AGREEMENT, IN SUBSTANTIALLY THE ATTACHED'FORM, WITH
SAID AGENCY, FOR SAID PURPOSE
Background Information:
Better Way of Miami, Inc. ("Better Way"), provides shelter, residential care, treatment, and housing
services on a continuum to indigent, homeless and addicted persons and their families in the City.
area
The Administration is requesting the transfer of CDBG funds, in the amount of $80,000, to Better,
Way of Miami, Inc. for the rehabilitation for their long term homeless housing facility -located at 675,
Northwest 17 Street, Miami, Florida
In order to comply with U.S. Department of Housing and Urban Development ("HUD") requirements, ,
said agency will be required to execute a five year covenant with the City of Miami
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding sourcebelow.
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
(S)GN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk Manageme
rumbas' Dept. Direct()
Chief g tZ City Manager
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