HomeMy WebLinkAboutSummary FormDate: 05/06/08
AGENDA ITEM SUMMARY FORM
FILE ID: OA-CO5S3
SP.9
Requesting Department: Community Development
Commission Meeting Date: 06/05/08 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: ALLOCATION OF CDBG FUNDING BY PROGRAM CATEGORY 2008-2009
Purpose of Item:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING
THE ALLOCATION OF 34TH PROGRAM YEAR 2008-2009, COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") FUNDS, IN THE AMOUNT OF $8,169,495 AND PREVIOUS YEAR PROGRAM
INCOME, IN THE AMOUNT OF $150,074, FOR THE TOTAL AMOUNT OF $8,319,569, TO THE
ACTIVITIES SPECIFIED IN ATTACHMENT "A", ATTACHED AND INCORPORATED; BEGINNING
OCTOBER 1, 2008; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY
DOCUMENTS FOR SAID PURPOSE(S).
Background Information:
The United States Department of Housing and Urban Development ("U.S. HUD") has advised the
City of Miami ("City") that CDBG funding is available for distribution, in the amount of $8,169,495, for
Fiscal Year 2008-2009.
There is a balance, in the amount of $150,074, of unused 33rd year program income.
The Administration recommends allocating said 34th Program Year CDBG funding and the unused
33rd year program income, for the total amount of $8,319,569, to the various activities as specified in
Attachment "A" for the 34th program year beginning October 1, 2008.
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:
• Dept. Dire
Chief ' 4 jj(, City Manager,
Final Approvals
(SIGN AND DATE)
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