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HomeMy WebLinkAboutSummary FormDate: 10/04/2010 AGENDA ITEM SUMMARY FORM FILE ID: /d — Law Department Matter ID No. 10-2896 Requesting Department: Community Development Commission Meeting Date: 11/18/2010 District Impacted: 4 Type: /1 Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: EXTENSION OF AGREEMENT END TERM DATE AND ALLOCATION OF FUNDING TO CAMACOL Purpose of Item: AUTHORIZING THE CITY MANAGER TO EXTEND THE AGREEMENT END TERM DATE, BETWEEN THE CITY OF MIAMI ("CITY") AND CAMARA DE COMERCIO LATINA DE LOS ESTADOS UNIDOS, INC. ("CAMACOL"), FROM SEPTEMBER 30, 2010 TO DECEMBER 31, 2010; AND AUTHORIZING THE ADDITIONAL ALLOCATION OF $140,345 IN COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDING TO CAMACOL TO PAY FOR HARD COSTS ASSOCIATED WITH FACADES COMPLETED IN DISTRICT 4; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, WITH SAID ENTITY, FOR SAID PURPOSE(S). Background Information: Please see attached Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: 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) CIP Budget If using or, receiving capital funds Grants Risk Management Purchasing Dept. Director Chief / C City Manager, Page I of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 09-0295, adopted June 18, 2009, the Miami City Commission authorized the allocation of $250,000 in CDBG funds to CAMACOL for soft costs associated with the commercial facade program. The same resolution authorized the allocation of $750,000 from District 3 and $500,000 from District 4 in CDBG funds to CAMACOL for hard costs associated with the commercial facade program in said districts. Pursuant to Resolution No. 09-0541, adopted November 19, 2009, the Miami City Commission authorized the allocation of $16,000 of CDBG close-out funds to CAMACOL for soft costs for the Commercial Code Compliance Program. CAMACOL expedited projects that were already underway to complete them before the end of the 2009-2010 program year and exceeded the funding available for hard costs in District 4. Due to CAMACOL not being funded for the facade/code compliance program for the 2010-2011 program year has resulted in the need for additional funding for hard cost to prevent undue hardship to the contractors and businesses involved. The Administration recommends to extend the Agreement end term date, between the City and CAMACOL, from September 30, 2010 to December 31, 2010, and the allocation of an additional $140,345 in CDBG for hard costs associated with the facade program in District 4.