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HomeMy WebLinkAboutPre-Legislation2City of Miami Legislation Resolution: R-08-0021 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-01444 Final Action Date: 1/10/2008 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE DE -OBLIGATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, IN THE AMOUNT OF $167,000, PREVIOUSLY ALLOCATED TO URBAN EMPOWERMENT CORPORATION; ALLOCATING SAID FUNDS BACK TO THE CITY OF MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT -DISTRICT 2 ECONOMIC DEVELOPMENT RESERVE (FISCAL YEAR 2007-2008). WHEREAS, pursuant to Resolution No. 07-0488, adopted September 11, 2007, the City Commission approved an allocation of 33rd Program Year Community Development Block Grant ("CDBG") Economic Development funding, in the amount of $167,000, to Urban Empowerment Corporation, to provide technical assistance to for -profit businesses; and WHEREAS, the Administration has become aware that Urban Empowerment Corporation is not in compliance with conflict of interest requirements of the funding source, the United States Department of Housing and Urban Development (24 C.F.R. 570.611); and WHEREAS, the Administration recommends the de -obligation of the CDBG funds, in the amount of $167,000, previously allocated to Urban Empowerment Corporation, and the allocation of said funds back to the City of Miami Department of Community Development -District 2 Economic Development Reserve (Fiscal Year 2007-2008); NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The de -obligation of CDBG funds, in the amount of $167,000, allocated to Urban Empowerment Corporation pursuant to Resolution No. 07-0488, adopted September 11, 2007, and the allocation of said funds back to the City of Miami Department of Community Development -District 2 Economic Development Reserve (Fiscal Year 2007-2008), is authorized. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Footnotes: City of Miami Page 1 of 2 Printed On: 1/23/2008 File Number: 07-01444 Enactment Number: R-08-0021 {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 Printed On: 1/23/2008