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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-00079 Final Action Date: 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 AMOUNT OF $739,000, IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE AGENCIES SPECIFIED IN ATTACHMENT "A," ATTACHED AND INCORPORATED, AND THE AMOUNT OF $1,268,716 TO THE DEPARTMENT OF COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT RESERVE ACCOUNT, FOR A TOTAL AMOUNT OF $2,007,716, FOR ECONOMIC DEVELOPMENT ACTIVITIES FOR PROGRAM YEAR 2012-2013; AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENT(S), IN SUBSTANTIALLY THE ATTACHED FORM(S), WITH SAID AGENCIES, FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. 11-0487, adopted December 8, 2011, the City Commission approved the allocation of Community Development Block Grant ("CDBG") funds in the projected amount of $1,300,000 in the Economic Development category to the agencies as specified in Attachment "A"., attached and incorporated to said Resolution, and the projected amount of $2,357,051.40 to the Department of Community Development Economic Development Reserve Account, for a total projected amount of $3,657,051.40; and WHEREAS, on January 18, 2012, the United States Department of Housing and Urban Development- released the final Community Planning and Development Program Formula Allocations for Fiscal Year 2012,and as such, .the amount of CDBG funds previously recommended has undergone significant reductions which requires commission approval; and WHEREAS, the City Administration recommends the allocation of CDBG funds for Program Year, in the amount of $739,000 in the Economic Development category to the agencies specified in Attachment "A", attached and incorporated, and the amount of $1,268,716 to the Department of Community Development Economic Development Reserve Account; for a total amount of $2,007,716, for economic development activities 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 fully set forth in this Section Section 2. The allocation of CDBG funds for Program Year 2012-2013, in the amount of $739,000 'in -the Economic Development category to the agencies specified in Attachment "A", attached and - incorporated, and=the amount of $1,268,716 to. the Department of Community Development Economic Development.Reserve.Account, for a total amount of $2,007,716, for Economic Development Activities for Program Year 2012-2013, is authorized. City of Miami Page 1 of 2 File Id: 12.00079 (Version 11 Printed On: 2/2/2012 File Number: 12-00079 Section 3. The City Manager is authorized {1} to execute Agreement(s), in substantially the attached form(s), with said agencies, for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2} APPROVED AS TO FORM AND CORRECTNESS: CITY ATTORNEY Footnotes: {1} The herein authorization is further subject to compliance with all requirements that maybe 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: I2 00079, (Version• 1) Printed On • ,2/2/2012