HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID:
Date: 03/28/2011
Commission Meeting Date: 04/28/2011
I I- DpagS
Law Department
Matter ID No.'
Requesting Department: Community Development
District Impacted: 2
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: CHANGING COMMUNITY DEVELOPMENT BLOCK GRANT NATIONAL
OBJECTIVE
Purpose of Item:
AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT ONE TO THE FISCAL YEAR
2009-2010 COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") ECONOMIC
DEVELOPMENT SPECIAL GRANT AGREEMENT ("AGREEMENT") BETWEEN THE CITY OF
MIAMI AND RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORP.
("RHHED"), IN SUBSTANTIALLY THE ATTACHED FORM, TO CHANGE THE ACTIVITY
BENEFITING LOW TO MODERATE INCOME PERSONS FROM "JOB CREATION" TO "AREA
BENEFIT"; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE SAID AMENDMENT,
WITH SAID AGENCY, FOR SAID PURPOSE.
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:
— -- O Is-tuis-item-funded-by-Homeland-Defense/Neighborhood-Improvement-Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATEI
CIP Budget
If using or receiving capital; funds
Grants Risk Manag.�
Purchasing Dept. Directo
City Manager
Page 1 of 1
AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution No. 09-0295, adopted June 18, 2009, the Miami City Commission approved
the allocation of 35th Program Year CDBG funds the amount of $4,077,916, in the Economic
Development category.
Pursuant to said Resolution, RHHED was allocated the amount of $300,000 for the exterior
rehabilitation of businesses located in District 2 for the District 2 Commercial Building Rehabilitation
Pilot Project.
Under the current Agreement, assistance can only be provided to eligible businesses with job
creation as the National Objective.
The Administration recommends the approval of the amendment of the Agreement between the City
and RHHED to change the activity benefiting low to moderate income persons from "Job Creation" to
"Area Benefit".