HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID:
/3 _ co354
Law Department
Matter ID No.
Date: 03/08/2013 Requesting Department: Community & Economic Development
Commission Meeting Date: 04/11/2013 District Impacted: 4
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO
THE GREATER MIAMI CHAMBER OF COMMERCE, INC.
Purpose of Item:
AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS
("CDBG") IN THE AMOUNT OF $50,000 FROM THE DISTRICT 4 CDBG ECONOMIC
DEVELOPMENT RESERVE ACCOUNT; ALLOCATING SAID FUNDS TO THE GREATER MIAMI
CHAMBER OF COMMERCE, INC., FOR THE CONSTRUCTION OF A BUSINESS CENTER AT
MIAMI NORTHWESTERN HIGH SCHOOL ("MIAMI NORTHWESTERN"), 1100 NORTHWEST 71ST
STREET, MIAMI, FLORIDA; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL
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:
$50,000
Final Approvals
(SIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants
Purchasing
Risk Management
Dept. Director
City Manage
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AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution No. 12-0060, adopted February 23, 2012, the Miami City Commission
approved the allocation of CDBG Economic Development reserve account funds for Program Year
2012-2013 in the amount of $1,160,716.
The Greater Miami Chamber of Commerce, Inc. is the leader in business development and the voice
of business in South Florida and involves the private sector in community leadership and produces
an annual program of work organized in six areas: Community Growth, Governmental Affairs,
Industry Growth, International Business, Leadership Programs and Marketing & Member Services.
The Greater Miami Chamber of Commerce, Inc. and Leadership Miami have created a project team,
Maximizing Miami's Momentum ("M3"), in partnership with Miami Northwestern to establish a
business center and implement a program that will enhance and create opportunities for the next
generation of Miami Northwestern graduates.
The M3 project includes the renovation of a classroom provided by Miami Northwestern, for a
Business Center to be used by the students.
The Administration recommends the allocation of CDBG funds, in the amount of $50,000 from the
District 4 Economic Development Reserve Account and allocating said funds to the Greater Miami
Chamber of Commerce, Inc. for the construction of a business center at Miami Northwestern High
School located at 1100 Northwest 71st Street, Miami, FL.