Loading...
HomeMy WebLinkAboutSummary FormDate: 06/18/2013 AGENDA ITEM SUMMARY FORM FILE ID: (3 - OO'%''%,b Law Department Matter ID No. Requesting Department: Community & Economic Development Commission Meeting Date: 07/25/2013 District Impacted: 1,2,3,4,5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO CITY OF MIAMI, PUBLIC WORKS DEPARTMENT Purpose of Item: AUTHORIZING THE TRANSFER FROM THE CITY OF MIAMI, DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT CDBG RESERVE ACCOUNT FUNDS IN THE AMOUNT OF $235,307 AND THE AMOUNT OF $218,047 FROM THE CITY OF MIAMI, DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT CITYWIDE RESERVE FROM PROGRAM INCOME, FOR A TOTAL AMOUNT OF $453,354; ALLOCATING SAID FUNDS TO THE CITY OF MIAMI, PUBLIC WORKS DEPARTMENT FOR SIDEWALK REPLACEMENT IN VARIOUS CITY LOCATIONS; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENT(S), FOR SAID PURPOSE(S). 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: TQ p�T�R i-�EN CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $453,354 Final Approvals (SIGN AND DATE) CIP Budget's C,•2--. If using or receiving capital funds Grants Risk Management PurchasinNIPf) "1r ,, r- -, j Dept. Director y� +c) L3S,1 .I!•...P7r / Ch. f /!/ City �Manager �• Li V :,1E.E.!C,`-• , Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 13-0172, adopted May 9, 2013, the Miami City Commission approved the transfer of Community Development Block Grant ("CDBG") close-out and de -obligated funds, in the total amount of $948,780.64 and the allocation of said funds to the City of Miami Department of Community and Economic Development CDBG reserve account for future Citywide CDBG eligible activities. Pursuant to Resolution No. , adopted July 11, 2013, the Miami City Commission approved the allocation of Program Year 2013-2014 CDBG Economic Development funds in the amount of $2,775,764, specifically, $218,047 to the Economic Development Citywide Reserve from Program Income. The Public Works department has identified sidewalks in various City locations that are in need of repair. • The Administration recommends transfer from the City of Miami, Department of Community and Economic Development CDBG Reserve Account funds in the amount of $235,307 and the amount of $218,047 from the City of Miami, Department of Community and Economic Development Citywide Reserve from Program Income, for a total amount of $453,354 and allocation of said funds to the City of Miami, Public Works Department for sidewalk replacement in various City locations.