Loading...
HomeMy WebLinkAboutSummary FormDate: 11/03/2006 AGENDA ITEM SUMMARY FORM FILE ID: Q f- o A) a Requesting Department: Community Development Commission Meeting Date: 12/14/2006 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: 31ST YEAR CDBG CLOSE OUT FUNDS TO DISTRICT TWO ECONOMIC DEVELOPMENT - UNALLOCATED ACCOUNT Purpose of Item: AUTHORIZING THE TRANSFER OF 31ST YEAR COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM ("CDBG") CLOSE OUT FUNDS, IN THE AMOUNT OF $50,000, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED; ALLOCATING SAID FUNDS TO THE CITY OF MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT —DISTRICT TWO ECONOMIC DEVELOPMENT- UNALLOCATED ACCOUNT FOR THE 32ND PROGRAM YEAR BEGINNING OCTOBER 1, 2006. Background Information: The Administration is requesting the transfer of 31ST year Community Development Block Grant Program ("CDBG") close out funds, in the amount of $50,000, as specified in Exhibit "A", attached and incorporated, to the City of Miami ("City") Department of Community Development District two Economic Development- Unallocated account for the 32nd program year beginning October 1, 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 DefenselNeighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE) CIP Budget [f using or receiving capital funds Grants Purchasing Chief Risk Managem Dept. Directo City Manager Page 1 of 1