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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00028 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE CITY OF MIAMI'S ("CITY") NEIGHBORHOOD STABILIZATION PROGRAM 3 SUBSTANTIAL AMENDMENT TO THE CITY'S ANNUAL ACTION PLAN FOR FISCAL YEAR 2010-2011 AND THE IMPLEMENTATION POLICIES, AS DESCRIBED IN EXHIBIT "A", ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO SUBMIT THE CITY'S AMENDED ANNUAL ACTION PLAN FOR FISCAL YEAR 2010-2011 TO THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("U.S. HUD") FOR REVIEW AND APPROVAL; FURTHER AUTHORIZING THE CITY MANAGER TO MAKE ANY SUCH CHANGES TO THE AMENDMENT OR IMPLEMENTATION POLICIES AS MIGHT BE REQUIRED BY HUD FOR THE IMPLEMENTATION OF THE PROGRAM. WHEREAS, on July 21, 2010, the President of the United States signed the Dodd -Frank Wall Street Reform and Consumer Protection Act of 2010, which included the Neighborhood Stabilization Program 3 ("NSP3"), administered by the United States Department of Housing and Urban Development ("U.S. HUD"); and WHEREAS, on October 19, 2010, the City of Miami ("City") was awarded funds in the amount of $4,558,939, for the implementation of the NSP3; and _WHEREAS,__pursuant to_Resolution._No._10-0309,_adopted_July_22,.2010, the City Commission__ ._. approved the City's Annual Action Plan for Fiscal Year 2010-2011; and WHEREAS, the Annual Action Plan set forth the overall goals and objectives of the City's Consolidated Plan; and WHEREAS, the award of additional funds through the NSP3 requires the Annual Action Plan to be substantially amended to include the strategies to be implemented under the NSP3 program; and WHEREAS, the NSP3 provides funds to stabilize neighborhoods whose viability have been, and continues to be, damaged by the economic effects of properties that have been foreclosed and abandoned; and WHEREAS, the City Administration recommends the approval of the NSP3 Substantial Amendment to the City's Annual Action Plan for Fiscal Year 2010-2011 and Implementation Policies, as indicated in Exhibit "A", attached and incorporated; and WHEREAS, this Resolution authorizes the City Manager to submit the City's Amended Annual Action Plan for Fiscal Year 2010-2011 to U.S. HUD for review and approval; City of Miami Page 1 of 2 File Id: 11-00028 (Version: 1) Printed On: 1/24/2011 File Number* 11-00028 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 City's NSP3 Substantial Amendment the City's Annual Action Plan for Fiscal Year 2010-2011 and Implementation Policies, as indicated in Exhibit "A", attached and incorporated, are approved. Section 3. The City Manager is authorized {1} to submit the City's Amended Annual Action Plan for Fiscal Year 2010-2011 to U.S. HUD for review and approval. Section 4. The City Manager is further authorized {1} to make any such changes to the said Amendment or Implementation Policies as might be required by U.S. HUD for the implementation of the program. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2} APPROVED AS TO FORM CORRECTNESe' r JULIE 0. BRU CITY ATTORNE 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 -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: 11-00028 (Version: 1) Printed On: 1/24/2011