HomeMy WebLinkAboutR-11-0485City of Miami
Legislation
Resolution: R-11-0485
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 11-01096 Final Action Date: 12/8/2011
A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE
ALLOCATION OF HOME INVESTMENT PARTNERSHIPS PROGRAM FUNDS, IN
THE PROJECTED AMOUNT OF $4,409,501, FOR HOUSING PROGRAMS, FOR
PROGRAM YEAR 2012-2013, IN THE CATEGORIES SPECIFIED IN ATTACHMENT
"A", ATTACHED AND INCORPORATED, FOR THE DEVELOPMENT OF
AFFORDABLE HOUSING; AUTHORIZING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENTS FOR SAID PURPOSES.
WHEREAS, the United States Department of Housing and Urban Development ("HUD") has yet to
release the final Community Planning and Development Program Formula Allocations for Program
Year 2012, as such, the amount of Home Investment Partnership Program ("HOME") funds being
recommended is a projection; and
WHEREAS, the City Administration recommends the allocation of HOME funds, in the projected
amount of $4,409,501, for Program Year 2012-2013, in the categories specified in Attachment "A",
attached and incorporated, for the development of decent and affordable housing to Low Income
households; and
WHEREAS, the funding allocation to such activities as specified in Attachment "A", may need to
be adjusted once HUD confirms the final HOME formula allocation for Program Year 2012-2013;
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 HOME funds, in the projected amount of $4,409,501, for housing
programs for Program Year 2012-2013, in the categories specified in Attachment "A", attached and
incorporated, for the provision of affordable housing, is authorized.
Section 3. These allocations will be adjusted in direct proportion to the actual allocation of HOME
funds provided by HUD for the 2012-2013 Program Year.
Section 4. The City Manager is authorized {1} to execute the necessary documents for said
purposes
Section 5. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
City of Miami
Page 1 of 2 File Id: 11-01096 (Version: 1) Printed On: 10/23/2017
File Number: 11-01096 Enactment Number: R-11-0485
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: 11-01096 (Version: 1) Printed On: 10/23/2017