HomeMy WebLinkAboutSummary FormDate: 11 /20/2006
AGENDA ITEM SUMMARY FORM
FILE ID: 0 6- ba ($ L4
Requesting Department: Community Development
Commission Meeting Date: 12/14/2006 District Impacted:
Type: ® Resolution 0 Ordinance D Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: CDBG CLOSE OUT FUNDS TO TARPUN BAY USA, INC.
Purpose of Item:
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") PROGRAM
CLOSE OUT FUNDS, IN THE AMOUNT OF $70,000, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND
INCORPORATED; ALLOCATING SAID FUNDS TO TARPUN BAY USA, INC. FOR COMMERCIAL
REHABILITATION AND THE CREATION OF SIX (6) JOBS FOR RESIDENTS OF LITTLE HAITI/ DISTRICT 5
AREA
Background Information:
Pursuant to Resolution .No. 05-0291, adopted on May 12, 2005, the City Commission approved
allocating the amount of $90,000.00 to Tarpun Bay USA, Inc. to create and maintain six (6) new jobs for
residents of Little Haiti/District 5 area
In order to begin other projects dealing with housing issues, said agency agreed to transfer back any
unused funds (shifting of dollars) until such a time that they would be ready to complete the project
Pursuant to Resolution No. 06-0650, adopted on November 9, 2006, the City Commission authorized
the transfer of CDBG funds, in the total amount of $120,000, in which $70,000 of the funds came from Tarpun
Bay USA, Inc., to fund two social service agencies that will provide housing quality standard inspection services
for the City's Section 8 housing choice voucher and moderate rehabilitation programs and Housing
Opportunities for Persons with AIDS ("HOPWA") programs
With Tarpun Bay's commitment to completing the commercial Rehabilitation and the creation of the six
jobs, the City Commission approved Resolution No. 06-0650 with the understanding that said agency will be
funded the amount that was transferred out
Tarpun Bay has notified the City of Miami that they are ready to complete the project
Therefore, the Administration Is recommending the transfer of Close out funds, as specified in Exhibit
"A", attached and incorporated, in the amount of $70,000, to Tarpun Bay USA, Inc. for commercial rehabilitation
and the creation of six (6) new jobs for residents of Little Haiti/District 5 area
CIP
Budciet 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?
Gralifing or receiving capital funds
Purchasin
Chief
Final Approvals
(SIGN AND DATE)
Budget
Risk Managem
Dept. Directo
City Manage
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