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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00366 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR PROGRAM YEAR 2014-2015, IN THE AMOUNT OF $1,283,296.00 IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE AGENCIES SPECIFIED IN ATTACHMENT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENTACTIVITIES IN THE PROGRAM YEAR 2014-2015; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. 13-0483, adopted December 12, 2013, the Miami City Commission approved Community Development Block Grant ("CDBG") Program Year categories, allocating the projected amount of $2,132,146.00 for Economic Development; and WHEREAS, on March 27, 2014, pursuant to Resolution No. 14-0120, the Miami City Commission approved the allocation of funds to Economic Development agencies and activities which include a reserve amount of $1,007,916.00; and WHEREAS, on March 18, 2014, United States Department of Housing and Urban Development ("HUD") posted the allocation of CDBG funds for the City of Miami ("City") in the amount of $4,734,641.00, resulting in additional funds in the amount of $275,380.00 in Economic Development for a total unallocated amount of $1,283,296.00 in the Economic Development category; and WHEREAS, the City Administration recommends the allocation of Program Year 2014-2015 CDBG funds, in the amount of $1,283,296.00 in the Economic Development category, to the agencies and activities specified in Attachment "A," attached and incorporated, for economic development activities in the Program Year 2014-2015; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as fully set forth in this Section. Section 2. The allocation of CDBG funds for Program Year 2014-2015, in the amount of $1,283,296.00 in the Economic Development category, to the agencies specified in Attachment "A," attached and incorporated, for Economic Development activities in the Program Year 2014-2015, is authorized. Section 3. The City Manager is authorized {1} to execute the necessary documents, in a form acceptable to the City Attorney, for said purpose. City of Miami Page 1 of 2 File Id: 14-00366 (Version: 1) Printed On: 4/16/2014 File Number: 14-00366 Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2} APPROVED AS TO FORM AND CORRECTNESS: f" VIORIA MNDEZ CITY ATTORNEY Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to, those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the. City Commission. City of Miami Page 2 of 2 File Id: 14-00366 (Version: 1) Printed On: 4/16/2014