HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: I3"—ol�-!"3
Law Department
Matter ID No.
Date: 12/18/2013 Requesting Department: Community & Economic Development
Commission Meeting Date: 02/27/2014 District Impacted: 1,2,3,4,5
Type: I Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
El Other
Subject: DE -OBLIGATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS
Purpose of Item:
AUTHORIZING THE DE -OBLIGATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS,
FROM THE AGENCIES AND/OR ACTIVITIES, AS SPECIFIED IN EXHIBIT "A", ATTACHED AND
INCORPORATED, IN THE TOTAL AMOUNT OF $396,637.51; ALLOCATING SAID FUNDS TO THE
CITY OF MIAMI, DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT CDBG
RESERVE ACCOUNT; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY
DOCUMENT(S), FOR SAID PURPOSE(S).
Background Information:
Please see attached
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No: v-
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 Budge
Risk Management
Purchasi: Dept. Director,
City Manager,
If using or receiving capital funds
Grants
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AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Community Development Block Grant ("CDBG") funds were allocated to the agencies and/or
activities as specified in Exhibit "A", attached and incorporated, in the total amount of $396,637.51.
These agencies and/or activities will no longer use the remaining balances and as such these
balances need to be de -obligated and returned to the CDBG reserve account.
The Administration recommends the de -obligation of CDBG funds, in the total amount of
$396,637.51, from the agencies and/or activities specified in Exhibit "A", attached and incorporated
and allocating said funds to the City of Miami, Department of Community and Economic
Development CDBG Reserve Account for future Citywide activities.