HomeMy WebLinkAboutSummary FormFILE ID:
Date: 10/27/2014
AGENDA ITEM SUMMARY FORM
14-01134
Law Department
Matter ID No.
Requesting Department: Community & Economic Development
Commission Meeting Date: 12/11/2014 District Impacted: 3
Type: ® Resolution n Ordinance Emergency Ordinance Discussion Item
❑ Other
Subject: TRANSFER OF ADDITIONAL COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS IN
THE AMOUNT OF $330,000.00, FROM CITY'S CAPITAL IMPROVEMENT AND TRANSPORTATION
PROGRAM ("CITP ")
Purpose of Item:
AUTHORIZING THE TRANSFER OF ADDITIONAL COMMUNITY DEVELOPMENT BLOCK GRANT
FUNDS IN THE AMOUNT OF $330,000.00, FROM CITY'S CAPITAL IMPROVEMENT AND
TRANSPORTATION PROGRAM ("CITP"), COMMUNITY CENTER PLAYGROUND PROJECT
LOCATED AT 1320-1330 SOUTHWEST 12TH AVENUE, MIAMI, FLORIDA; ALLOCATING SAID
FUNDS TO MIAMI DADE COLLEGE FOR PUBLIC FACILITIES AND IMPROVEMENT ACTIVITIES,
SPECIFICALLY, THE REHABILITATION OF THE TOWER THEATER, LOCATED AT 1508 SW 8th
STREET, MIAMI, FLORIDA; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL
NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID
PURPOSE.
Background Information:
See attached
Budget Impact Analysis
YES 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 Dei` co -A €t)
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact: $330,000
CIP
If using or receiving capital funds
Grants
Final Approvals
{SIGN AND DATE)
Budge
Risk Manage
Purchasing Dept. Directo
Chief City Manager
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AGENDA ITEM SUMMARY FORM CONTINUED
Background Information:
Pursuant to Resolution Nos. 14-0112 and 14-0056 adopted on February 27, 2014, and Resolution
No 13-0139 adopted on April 11, 2013, the City of Miami Commission approved a total allocation of
$1,450,000.00 to the City's Capital Improvement and Transportation Program for the installation of a
new playground at 1320-1330 Southwest 12 Street, Miami, Florida.
Pursuant to Resolutions Nos.14-0307 and 13-0003, adopted on July 24, 2014 and January 10, 2013
respectively, the Miami City Commission awarded a total of $735,000.00 to Miami Dade College for
the rehabilitation of the Tower Theater.
The Tower Theater is still in need of additional funding to complete the total rehabilitation of this
historic property; and
The Administration recommends the transfer of additional Community Development Block Grant
funds in the amount of $330,000 from CITP, for the Community Center Playground project to Miami
Dade College for the Tower Theater project.