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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: Date: 5/15/2008 PH.8 Requesting Department: Community Development Commission Meeting Date: 6/12/2008 District Impacted.: 5 Type: ® Resolution [j Ordinance ( (Emergency Ordinance E Discussion Item n Other Subject: Transferring funds to New Providence Development Center, Inc. Purpose of Item: AUTHORIZING THE TRANSFER OF 33RD YEAR COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE AMOUNT OF $25,296, FROM THE CITY OF MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT PUBLIC SERVICE RESERVE ACCOUNT FOR DISTRICT 5; ALLOCATING SAID FUNDS TO NEW PROVIDENCE DEVELOPMENT CENTER, INC., TO CONTINUE TO PROVIDE PUBLIC SERVICE ACTIVITIES, AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE EXISTING AGREEMENT(S), IN SUBSTANTIALLY THE ATTACHED FORM(S), WITH SAID AGENCY, 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: Final Approvals (SIGN AND DATE) Dept. Director Chief, City Manager Page 1 of AGENDA ITEM SUMMARY FORM CONTINUED Background Information: New Providence Development Center, Inc. (the "Center"), located at 750 NW 53rd Street, Miami, Florida, is a non-profit corporation that provides public service activities, including after school and summer programs to low to moderate income youth. The Center serves an average 40 to 60 youth from the City of Miami ("City") in the low to moderate income bracket during its 8 week summer program. Pursuant to Resolution No. 07-0314, adopted on June 12, 2007, the City Commission approved the allocation of 33rd year CDBG funding, in the amount of $20,188, to the Center to provide public service activities beginning October 1, 2007. Said resolution also approved the allocation of CDBG funding, in the amount of $70,296.00, to the City of Miami Department of Community Development Public Service Reserve Account for District 5. On April 28, 2008 the Center wrote a letter to the City's Department of Community Development requesting additional funding, to continue to provide public service activities. The Administration recommends the transfer of 33rd year CDBG funds, in the amount $25,296, from the City's Department of Community Development Public Service Reserve Account for District 5, to New Providence Development Center, Inc. to continue to provide public service activities, as specified in Exhibit "A".