HomeMy WebLinkAboutSummary FormDate: 02/05/2013
AGENDA ITEM SUMMARY FORM
FILE ID: 4.3-6V/ %9
Law Department
Matter ID No.
Requesting Department: Community & Economic Development
Commission Meeting Date: 03/14/2013 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: DE -OBLIGATION OF CITY OF MIAMI DEPARTMENT OF COMMUNITY AND
ECONOMIC DEVELOPMENT COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS
Purpose of Item:
AUTHORIZING THE DE -OBLIGATION OF COMMUNITY DEVELOPMENT BLOCK GRANT
("CDBG") FUNDS FROM LITTLE HAITI HOUSING ASSOCIATION, INC. ("LHHA"), IN THE
AMOUNT OF $53,000; ALLOCATING SAID FUNDS TO THE DEPARTMENT OF COMMUNITY AND
ECONOMIC DEVELOPMENT CDBG ECONOMIC DEVELOPMENT RESERVE ACCOUNT FOR
FUTURE ACTIVITIES, AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED;
AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, 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 Budget
If using or receiving capital funds
Grants Risk Management
Purcha
Dept. Director
Manager
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AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution No. 10-0360, adopted September 16, 2010, the Miami City Commission
approved the allocation of CDBG funds, in the amount of $53,000 to LHHA for Economic
Development activities.
LHHA is currently not able to utilize the CDBG funds awarded due to plat -related issues that need to
be resolved prior to commencing construction.
The contract term expired on December 31, 2012, and LHHA has been unable to use these funds
due to a re -platting requirement which will take more than 18 months to complete.
The Administration recommends the de -obligation of CDBG funds from LHHA in the amount of
$53,000, and the allocation of said funds to the Department of Community and Economic
Development CDBG Economic Development Reserve account for future activities.