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HomeMy WebLinkAboutSummary FormDate: 03/08/2013 AGENDA ITEM SUMMARY FORM FILE ID: /3 "00304 Law Department Matter ID No. Requesting Department: Community & Economic Development Commission Meeting Date: 04/11/2013 District Impacted: 3 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO THE CITY'S CAPITAL IMPROVEMENTS PROGRAM ("CIP") DEPARTMENT Purpose of Item: AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS IN THE AMOUNT OF $500,000 FROM THE CITY OF MIAMI ("CITY") DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT DISTRICT 3 ECONOMIC DEVELOPMENT RESERVE ACCOUNT, TO THE CITY'S CAPITAL IMPROVEMENTS PROGRAM ("CIP") DEPARTMENT FOR THE COMMUNITY CENTER PROJECT ("CC") LOCATED AT 1320-1330 SOUTHWEST 12T" AVENUE, MIAMI, FLORIDA, FOR THE CONSTRUCTION OF A NEW PLAYGROUND; 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? YES Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: TO BE DETERMINED CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $500,000 Final Approvals (SIGN AND DATE) CIP Budget If ping or receiving :capital; fiords Grants Risk Management Purchasing, Dept. Direct City Manage Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 11-0287, adopted July 14, 2011, the Miami City Commission approved the allocation of CDBG funds from CIP, Little Havana Community Center Project ("Community Center Project") in the amount of $100,000 to the Department of Public Facilities for the purchase and development of the site located 1320 Southwest 12th Avenue. Pursuant to Resolution No. 13-0002, adopted January 10, 2013, the Miami City Commission approved the allocation of CDBG funds from the City's Department of Community and Economic Development District 3 Reserve account, to the District 3 Community Center Project in the amount of $300,000 for the purchase of the property located at 1330 Southwest 12th Avenue, Miami, Florida. The Administration recommends the transfer of CDBG in the amount of $500,000 from the City's Department of Community and Economic Development District 3 Economic Development Reserve account and allocating said funds to CIP for the installation of a playground at the Community Center Project.