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HomeMy WebLinkAboutSummary FormDate: 02/25/2014 AGENDA ITEM SUMMARY FORM. FILE ID: 14 00172 Law Department Matter ID No. Requesting Department: Connntunity & Economic Development Commission Meeting Date: 03/13/2014 District Impacted: 5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item El Other Subject: ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS 26113-2014 D-5 RESERVE .ACCOUNT AUTHORIZING THE ALLOCATION OF PROGRAM YEAR 2013-2014 COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS IN THE AMOUNT OF $47,419 FROM THE DISTRICT 5 CDBG PUBLIC .SERVICE RESERVE ACCOUNT; ALLOCATING SAID FUNDS TO THE AGENCIES, AS SPECIFIED IN EXHIBIT "A", ATTACHED AND INCORPORATED, FOR PUBLIC SERVICE ACTIVITIES; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR SAID PURPOSE. Background. Information: Please see attached Budffet 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: $47,419.00 Final Approvals (SIGN AND DATE) CIP Budge IL?i[S'U41 f ovoi'I gotaSiritihkidN Grants Risk Management , Purehaii �1Dept. Director ;p1�.- Chief L • Ci Mana er of TA ' i 1 Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No,. 12-0467, adopted December 13, 2012, the Miami City Commission approved the .allocation of CDBG funds for Program Year 2013-2014, in the amount of $744,858 for public service activities; and the amount of $198,346 remained in the Public Service Reserve account; District 5 currently has the amount of $47,419 in such Public Service Reserve account, At the December 13, 2012 City Commission meeting, District 5 requested that all 2013-2014 CDBG Public Service allocations be placed in reserves for future use, The Administration recommends the allocation of Program Year 2013-2014 CDBG funds, in the amount of $47,419 from the District 5 Reserve Account, in the public service category, to the agencies, as specified In Exhibit "A", attached and incorporated, for public service activities