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HomeMy WebLinkAboutSummary FormDate: 11/14/2008 AGENDA ITEM SUMMARY FORM FILE ID: og- o c�-- kl Li Requesting Department: Community Development Commission Meeting Date: 12/11/2008 District Impacted: Type: /1 Resolution Li Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: ALLOCATION OF FUNDS FOR PUBLIC SERVICE ACTIVITIES IN DISTRICT 3. Purpose of Item: AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, IN THE AMOUNT OF $65,865 FROM THE CITY OF MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT DISTRICT 3 PUBLIC SERVICE RESERVE ACCOUNT (FISCAL YEAR 2008- 2009); ALLOCATING SAID FUNDS TO THE AGENCIES SPECIFIED IN "EXHIBIT A", ATTACHED AND INCORPORATED, FOR PUBLIC SERVICE ACTIVITES IN DISTRICT 3, BEGINNING OCTOBER 1, 2008; AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENT(S), IN SUBSTANTIALLY THE ATTACHED FORM(S), WITH SAID AGENCIES, FOR SAID PURPOSE(S). 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: C/P Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Dept. Direct Chief Final Approvals (SIGN AND DATE) ____:„.......3 City Manager Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 08-0307, adopted June 5, 2008, the City Commission approved the allocation of $65,865 in Community Development Block Grant ("CDBG") funds to the City of Miami Department of Community Development District 3 Public Service Reserve Account. Said agencies are non-profit corporations that provide child care services and elderly service activities to low to moderate income individuals and families in District 3. The Administration recommends the transfer of CDBG funds in the amount of $65,865, from the City of Miami Department of Community Development District 3 Public Service Reserve Account, to the agencies specified in "Exhibit A", attached and incorporated, for public service activities in District 3 beginning October 1.