HomeMy WebLinkAboutSummary FormDate: 05/12/08
AGENDA ITEM SUMMARY FORM
FILE ID: O(S "COY&
SP.11
Requesting Department: Community Development
Commission Meeting Date: 06/05/08 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance (l Discussion Item
❑ Other
Subject: CDBG Funding: Economic Development 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 $4,010,172.00 IN THE ECONOMIC
DEVELOPMENT CATEGORY, TO THE AGENCIES SPECIFIED IN ATTACHMENT "A," ATTACHED
AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES IN THE 34TH PROGRAM
YEAR BEGINNING OCTOBER 1, 2008; AUTHORIZING THE CITY MANAGER TO EXECUTE
AGREEMENT(S), IN SUBSTANTIALLY THE ATTACHED FORM(S), WITH SAID AGENCIES, FOR
SAID PURPOSE.
Background Information:
Please see attached.
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. Direc , ,
Chief IMP
fr
Final Approvals
(SIGN AND DATE)
City Manager
Page 1 of 1
AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Federal regulations require the City of Miami ("City") to provide an opportunity for citizen participation
in the planning process for the United States Department of Housing and Urban Development ("U.S.
HUD") related grant activities.
A series of public hearings were held in each City Commission District to solicit public participation in
the planning process for each District's U.S. HUD related grant activities.
Public hearings were duly advertised to provide public notice regarding the proposed use for said
grants.
On February 14, 2008, an RFP, with a due date of March 14, 2008, was issued soliciting proposals
from agencies implementing economic development activities that may be funded with CDBG funds;
and
Said RFP was issued for a one year period with the option to extend such contract for an additional
year, contingent on the availability of funds, and that the agency had met their contractual
obligations.
A total of ninety-nine (99) responses, with the total requested funding amount of $8,834,357, were
received from agencies and reviewed by the City's Department of Community Development.
Out of said responses, a total of sixty (60) agencies were selected for the recommendation of 34th
Program year, 2008-2009, CDBG funds in the economic development category, for a total funding
recommendation of $4,010,172.
The Administration recommends the allocation of 34th Program Year CDBG funds, in the amount of
$4,010,172.00, in the Economic Development category, to the agencies specified in Attachment "A,"
attached and incorporated, for economic development activities in the 34th Program Year beginning
October 1, 2008.