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HomeMy WebLinkAboutSummary FormDate: 04/09/2013 AGENDA ITEM SUMMARY FORM FILE ID: / 3 - b0q{4,1/- Law Department Matter ID No. Requesting Department: Community & Economic Development Commission Meeting Date: 05/09/2013 District Impacted: 4 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 TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS IN THE TOTAL AMOUNT OF $265,414.98, AS SPECIFIED IN EXHIBIT "A', ATTACHED AND INCORPORATED, TO CITY OF MIAMI — CAPITAL IMPROVEMENTS PROGRAM ("CIP") FOR NEW ROADWAY, DRAINAGE AND TRAFFIC IMPROVEMENTS IN ELIGIBLE AREAS OF DISTRICT 4; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR 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: $265,414.98 Final Approvals (SIGN AND DATE) CIP Budget: If using or recciving capita[ funds Grants ,Risk Management PurchasingDept. Director Chj�f / ✓/ City Manager Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: CIP is responsible for the planning, coordination, implementation, and monitoring of all construction related capital projects in the City of Miami, and for the financial management of all capital funds. The roadways and drainage systems in District 4 are currently in need of improvements, specifically within the Tamiami area. The Administration recommends the transfer of CDBG funds in the total amount of $265,414.98, as specified in Exhibit "A", attached and incorporated, to CIP for new roadway, drainage and traffic improvements in eligible areas of District 4.