HomeMy WebLinkAboutSummary FormDate: 09/05/2012
AGENDA ITEM SUMMARY FORM
FILE ID: a — 010 i C)
Law Department
Matter ID No.
Requesting Department: Community Development
Commission Meeting Date: 10/11/2012 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance [1 Discussion Item
❑ Other
Subject: ASSIGNMENT OF TWO AGREEMENTS FROM THEODORE ROOSEVELT
GIBSON MEMORIAL FUND, INC. TO THELMA GIBSON HEALTH INITIATIVE, INC.
Purpose of Item:
AUTHORIZING THE CITY MANAGER TO ACCEPT THE ASSIGNMENT OF TWO AGREEMENTS, IN
SUBSTANTIALLY THE ATTACHED FORMS, FROM THEODORE ROOSEVELT GIBSON MEMORIAL
FUND, INC. TO THELMA GIBSON HEALTH INITIATIVE, INC., FOR ELDERLY SERVICES;
AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE.
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 Budge
Risk Management
If usingor receiving capital funds
Grants
Purchasing Dept. Director
Chi: - Z /6/,i City Manager
Page 1 of 1
AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution No. R-12-0061, adopted February 23, 2012, the Miami City Commission
allocated $7,800 in CDBG public service funds to Theodore Roosevelt Gibson Memorial Fund, Inc.
for Elderly Services.
Pursuant to Resolution No. R-12-0290, adopted July 26, 2012, the City Commission allocated
specifically $1,979 in Poverty Initiatives program funds to Theodore Roosevelt Gibson Memorial
Fund, Inc. for Elderly Services.
The City of Miami ("City") executed an agreement with Theodore Roosevelt Gibson Memorial Fund,
Inc ("TRGMF") on May 23, 2012, which allowed for the assignment of said agreement.
The remaining amount of CDBG public services funds allocated pursuant to Resolution No. R-12-
0061 is $5,520.32.
On July 17, 2012, the Board of Directors of TRGMF decided to divest its health care business,
including all assets and liabilities, to Thelma Gibson Health Initiative, Inc ("TGHI").
TGHI is a newly created non-profit organization formed specifically to continue the health care
business of TRGMF.
The staff managing the CDBG and Poverty Initiative contracts under TRGMF will continue to manage
and will be responsible for all performance under the current contract.
The Administration recommends that the City authorize the assignment of the Elderly Services
Agreement and the remaining funding in the amount of $5,520.32 in CDBG funds and $1,979.00 in
Poverty Initiative Program funds from Theodore Roosevelt Gibson Memorial Fund, Inc. to Thelma
Gibson Health Initiative, Inc.