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HomeMy WebLinkAboutR-11-0486City of Miami Legislation Resolution: R-11-0486 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 11-01099 Final Action Date: 12/8/2011 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR PROGRAM YEAR 2012-2013, IN THE PROJECTED AMOUNT OF $7,503,156 FOR THE ACTIVITIES SPECIFIED IN ATTACHMENT"A", ATTACHED AND INCORPORATED, COMMENCING APRIL 1, 2012; 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 2012-2013, as such, the amount of Community Development Block Grant ("CDBG") funds being recommended is a projection; and WHEREAS, the City Administration recommends allocating said funds to the various activities as specified in Attachment "A", attached and incorporated, for Program Year 2012-2013 commencing April 1, 2012; and WHEREAS, with the exception of the Section 108 loan repayment and the Economic Development Reserve Account allocations specified in Attachment "A", the funding allocation to such activities specified in Attachment "A", may need to be adjusted once HUD confirms the final CDBG 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 CDBG funds for Program Year 2012-2013, in the projected amount of $7,503,156, for the activities, specified in Attachment "A", attached and incorporated, commencing April 1, 2012, is authorized. Section 3. With the exception of the Section 108 loan repayment and the Economic Development Reserve Accont, these allocations specified in Attachment "A", will be adjusted in direct proportion to the actual allocation of CDBG 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: 11-01099 (Version: 2) Printed On: 10/23/2017 File Number: 11-01099 Enactment Number: R-11-0486 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: 11-01099 (Version: 2) Printed On: 10/23/2017