HomeMy WebLinkAboutR-11-0010City of Miami
Legislation
Resolution: R-11-0010
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 10-01426 Final Action Date: 1/13/2011
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ALLOCATION OF PROGRAM YEAR 2011-2012, COMMUNITY DEVELOPMENT
BLOCK GRANT ("CDBG") FUNDS, IN THE PROJECTED AMOUNT OF $4,468,078
IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE DEPARTMENT OF
COMMUNITY DEVELOPMENT ECONOMIC RESERVE ACCOUNT FOR ECONOMIC
DEVELOPMENT ACTIVITIES IN THE PROGRAM YEAR 2011-2012, BEGINNING
APRIL 1, 2011; AUTHORIZING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENTS FOR SAID PURPOSE.
WHEREAS, the United States Department of Housing and Urban Development ("HUD") has
yet to release the final Community Planning and Development Program Formula Allocations for
Program Year 2011, as such, the amount of Community Development Block Grant ("CDBG")
Economic Development funds being recommended is a projection; and
WHEREAS, the funding allocation to the Economic Development Reserve account may need
to be adjusted once HUD confirms the final CDBG formula allocation for Program Year 2011-2012;
and
WHEREAS, the Administration recommends the allocation of Program Year 2011-2012 CDBG
funds, in the projected amount of $4,468,078, in the Economic Development category, to the
Department of Community Development Economic Development Reserve Account for future
allocation for economic development activities in the Program Year 2011-2012, beginning April 1,
2011;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted
by reference and incorporated as if fully set forth in this Section.
Section 2. The allocation of Program Year 2011-2012 CDBG funds, in the projected amount of
$4,468,078, in the Economic Development category, to the Department of Community Development
Economic Development Reserve account for economic development activities in Program Year
2011-2012 beginning April 1, 2011, is authorized.
Section 3. The City Manager is authorized{1} to execute the necessary documents for said
purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor.{2}
City of Miami
Page 1 of 2 File Id: 10-01426 (Version: 1) Printed On: 9/25/2017
File Number: 10-01426 Enactment Number: R-11-0010
Footnotes:
{1} The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to, those prescribed by applicable City Charter
and Code provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File Id: 10-01426 (Version: 1) Printed On: 9/25/2017