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HomeMy WebLinkAboutSummary FormDate: 10/3/11 AGENDA ITEM SUMMARY FORM FILE ID:// 7 9-76 Requesting Department: CIP Commission Meeting Date: 11/17/11 District(s) Impacted: 5 Type: ® Resolution ❑ Ordinance n Emergency Ordinance n Discussion Item n Other Subject: Resolution accepting a grant from the Southeast Overtown/Park West Community Redevelopment Agency for the Overtown Greenway at NW 11th Terrace Project, B-30624. Purpose of Item: Law Department Matter ID No. 11-1605 To accept a grant from the Southeast Overtown/Park West Community Redevelopment Agency (CRA) for the Overtown Greenway at NW 1 lth Terrace Project, B-30624, in an amount not to exceed $1,120,088; authorizing. the City Manager to execute the grant agreement and all documents necessary for said purpose. Background Information: The CRA and the City plan to develop the greenway by constructing a decorative pedestrian pathway including landscaping, lighting, benches, play areas and signage. Pursuant to Resolution No. CRA-R-11- 0032, passed and adopted on June 27, 2011, the Board of Commissioners authorized the issuance of a grant, in an amount not to exceed $1,120,088, to assist the City with funding for the Overtown Greenway at NW 1 lth Terrace Project, B-30624. Therefore, it is necessary to enter into a grant agreement for the acceptance of said funds. 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 N/A Budget N/A If using or receiving capital funds Grants N/A Risk Management / N/A Purchasing N/A Dept. Director Chief i� , /-. City Manager Page 1