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HomeMy WebLinkAboutSummary FormDate: 10/15/2012 AGENDA ITEM SUMMARY FORM FILE ID: a -- n (/ q q Law Department Matter ID No. Requesting Department:Community & Economic Development Commission Meeting Date: 11/15/2012 District Impacted: 5 Type: ® Resolution ❑ Ordinance C Emergency Ordinance ❑ Discussion Item ❑ Other Subject: EXTENSION OF AGREEMENT END TERM DATE WITH NEIGHBORS AND NEIGHBORS ASSOCIATION, INC. Purpose of Item: AUTHORIZING THE CITY MANAGER TO EXTEND THE AGREEMENT END TERM DATE, BETWEEN THE CITY OF MIAMI ("CITY") AND NEIGHBORS AND NEIGHBORS ASSOCIATION, INC., FROM OCTOBER 15, 2012 TO OCTOBER 15, 2013 TO ALLOW FOR THE COMPLETION OF THE REHABILITATION AND CONSTRUCTION IMPROVEMENTS OF THE PROPERTIES LOCATED AT 5861. NORTHWEST 17TH AVENUE AND 5841-45 NORTHWEST 17TH AVENUE, MIAMI, FLORIDA, KNOWN AS THE DISTRICT 5 BUSINESS CORRIDOR EXPANSION PROJECT; AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE EXISTING AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH SAID ENTITY, FOR SAID - PURPOSES. 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, �; y If usmRior;receiv.,inR,capitalfintls Grants • Risk Management Dept. Director / City Manager Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 08-0122, adopted March 13, 2008, the Miami City Commission i authorized the allocation of $250,000 in Community Development Block Grant ("CDBG") funds to Neighbors and Neighbors Association, Inc.("NANA") to provide special economic development activities for the rehabilitation and construction improvements of the properties located at 5861 Northwest 17th Avenue and 5841-45 Northwest 17th Avenue, known as the District 5 Business' Corridor Expansion Project. Pursuant to Resolution Nos. 10-0362 and 11-0401, adopted September 16, 2010 and October 13, 2011, respectively, the Miami City Commission approved an extension to the Agreement end term date, between the City and NANA, from October15, 2010 to October 15, 2011 and from October 15, 2011 to October 15, 2012, to allow for the completion of the rehabilitation and construction improvements of the properties located at 5861 Northwest 17th Avenue and 5841-45 Northwest 17th Avenue, Miami, Florida, known as the District 5 Business Corridor Expansion Project. On September 15, 2012, the City of Miami Department of Community Development received a letter from NANA requesting the contract be extended due to major architectural changes that had to be made to the current plans because of conditions at the property located at 5841-45 Northwest! 17th Avenue. The rehabilitation and construction improvements have been completed at the property located at 5861 Northwest 17th Avenue. The Administration recommends to extend the Agreement end term date, between the City and NANA, from Octoberl 5, 2012 to October 15, 2013, to allow for the completion of the rehabilitation and construction improvements of the properties located at 5861 Northwest 17th Avenue and 5841- 45 Northwest 17th Avenue, Miami, Florida, known as the District 5 Business Corridor Expansion Project.