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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: (lb Date: 101032006 Requesting Department: Community D dlc ent. �1 2 2 Commission Meeting Date: 11/09/2006 District Impacted: EGG �I Type: ® Resolution ElOrdinance ❑ Emergency Ordinance ❑ Discussion Item 0 Other Subject: TRANSFER OF HOME FUNDS TO THE DEPARTMENT OF COMMUNITY DEVELOPMENT FOR RELOCATION RENTAL ASSISTANCE Purpose of Item: AUTHORIZING THE TRANSFER OF HOME INVESTMENT PARTNERSHIPS PROGRAM ("HOME") FUNDS, IN THE TOTAL AMOUNT OF $81,580.19, AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED; ALLOCATING SAID FUNDS TO THE CITY OF MIAMI'S DEPARTMENT OF COMMUNITY DEVELOPMENT FOR RELOCATION RENTAL ASSISTANCE FOR TENANTS DISPLACED BYJOPERTIES ACQUIRED BY THE MODEL CITY TRUST/ CITY OF MIAMI SINCE N VEMBER 2, 2006. Background Information: The Administration is requesting the transfer of HOME funds, in the total amount of $81,580.19, as specified in Exhibit "A", attached and incorporated, to the Department of Community Development for relocation rental assistance for tenants displaced by properties acquired by the Model City Trust/City of Miami since November 2, 2006 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) CIP Budget cl°" ' u4A. Q.0 A..-- + inkSto rQ Grants Risk Mana if using or receiving capital funds / geme,� Purchasin Dept. Directo -; J� �I r Chief 4 City Manage Page 1 of 1