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AGENDA ITEM SUMMARY FORM
FILE ID:
Date: 05/07/2012
�a 0o 35
Law Department
Matter ID No.
Requesting Department: Community Development
Commission Meeting Date: 06/14/2012 District Impacted: 1,2,3,4,5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT CLOSE OUT
FUNDS
Purpose of Item:
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG")
CLOSE OUT FUNDS, AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED, IN THE
TOTAL AMOUNT OF $1,140,103.73; ALLOCATING SAID FUNDS AS STATED HEREIN: THE
AMOUNT OF $1,000,000 TO THE CITY OF MIAMI, FIRE -RESCUE DEPARTMENT FOR FIRE
FIGHTING AND LIFE-SAVING EQUIPMENT AND $140,103.73 TO THE CITY OF MIAMI,
DEPARTMENT OF COMMUNITY DEVELOPMENT CDBG RESERVE ACCOUNT FOR FUTURE
CITYWIDE CDBG ELIGIBLE ACTIVITIES; AUTHORIZING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENT(S), FOR SAID PURPOSE(S).
Background Information:
Please see attached
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 Budget
If using or receiving capital funds
Grants Risk Management
Dept. Director
.cam
City Manage
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AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Previous years' Community Development Block Grant ("CDBG") funds allocated to various agencies
for program delivery and administration retained unused balances, in the amount of $1,140,103.73,
as specified in Exhibit "A", attached and incorporated.
The close out of these unused balances allows the Department of Community Development to
recapture the funds to be used for other CDBG eligible activities.
The Fire -Rescue Department is in need of more than $3 million for fire fighting and life-saving
equipment for the 2012-2013 fiscal year.
The Administration recommends the transfer of CDBG close out funds, as specified in Exhibit "A",
attached and incorporated, in the total amount of $1,140,103.73; and allocating said funds as stated
herein: the amount of $1,000,000 to the City of Miami, Fire -Rescue Department for fire fighting and
life-saving equipment and $140,103.73 to the City of Miami, Department of Community Development
CDBG reserve account for future citywide CDBG eligible activities.