Loading...
HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: M Law Department Matter ID No. 10-3331 Date: 12/03/2010 Requesting Department: Community Development Commission Meeting Date: 01/13/2011 District Impacted: 2 Type: ►1 Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: TRANSFER OF FUNDS TO RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORPORATION AND REBUILDING TOGETHER MIAMI-DADE, INC. Purpose of Item: AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, IN THE TOTAL AMOUNT OF $200,000 FROM THE CITY OF MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT DISTRICT 2 ECONOMIC DEVELOPMENT RESERVE ACCOUNT; ALLOCATING SAID FUNDS IN THE AMOUNT OF $100,000 TO RAFAEL HERNANDEZ HOUSING & ECONOMIC DEVELOPMENT CORPORATION AND $100,000 TO REBUILDING TOGETHER, INC., AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED, FOR THE REHABILITATION OF SINGLE FAMILY HOMES IN THE DISTRICT 2 WYNWOOD AND COCONUT GROVE AREAS; 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 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 7'2, ~N Ce City Manager Page 1 of 1