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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-00387 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF THE FOLLOWING: COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, IN THE AMOUNT OF $122,607, HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS, IN THE AMOUNT OF $42,773, HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS FUNDS, IN THE AMOUNT OF $72,558, NEIGHBORHOOD STABILIZATION PROGRAM FUNDS, IN THE AMOUNT OF $40,597, SECTION 8 PROGRAM FUNDS, IN THE AMOUNT OF $33,759, AND OTHER PROGRAM FUNDS IN THE AMOUNT OF $19,191, FOR A TOTAL AMOUNT OF $331,485, TO THE RESPECTIVE DEPARTMENT OF COMMUNITY DEVELOPMENT ADMINISTRATION FUNDS FOR INDIRECT COST ALLOCATION, AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS FOR SAID PURPOSE. WHEREAS, pursuant to Code of Federal Regulations 24 CFR 85.22, all costs associated with the administration of the United States Department of Housing and Urban Development ("U.S. HUD") funds are subject to the Office of Management and Budget ("OMB") Circular 87; and WHEREAS, OMB Circular 87 allows an allocation of indirect cost associated with the administration of federal funds subject to approval by a federal cognizant agency; and WHEREAS, on November 19, 2010, the U.S. HUD approved an indirect cost rate of 20% for all federal funds administered by the City of Miami ("City") for the 2010-2011 Fiscal Year; and WHEREAS, the City Administration recommends the allocation of Community Development Block Grant ("CDBG") funds, in the amount of $122,607, Home Investment Partnership Program ("HOME") funds, in the amount of $42,773, Housing Opportunities for Persons with AIDS ("HOPWA") funds, in the amount of $72,558, Neighborhood Stabilization Program ("NSP") funds, in the amount of $40,597, Section 8 funds, in the amount of $33,759, and all other programs in the amount of $19,191, for a total amount of $331,485, to the respective Department of Community Development administration funds for indirect cost allocation, as specified in Exhibit "A"; attached and incorporated; 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 CDBG funds, in the amount of $122,607, HOME funds, in the amount of $42,773, HOPWA funds, in the amount of $72,558, NSP funds, in the amount of $40,597, Section 8 funds, in the amount of $33,759, and all other programs in the amount of $19,191, for a total amount City of Miami Page 1 of 2 File Id: 11-00387 (Version: 1) Printed On: 5/11/2011 File Number: 11-00387 of $331,485, to the respective Department of Community Development administration funds for indirect cost allocation, as specified in Exhibit "A", attached and incorporated, is authorized. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.(2) APPROVED AS TO FORM AND CORRECTNESS JULIE O. BRU CITY ATTORNEY 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: 11-00387 (Version: 1) Printed On: 5/11/2011