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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 15-00175 Date: 02-02-2015 Commission Meeting Date: 03-12-2015 Type: ® Resolution — Ordinance n Other Subject: Contract extension-CDBG Economic Development 2014-2015 Purpose of Item: Law Department Matter ID No. Requesting Department: Community & Economic Development District Impacted: 1,2,3,4,5 Emergency Ordinance n Discussion Item AUTHORIZING THE CITY MANAGER TO GRANT AN EXTENSION OF THE TIME FOR 2014-2015 AGREEMENT BETWEEN THE CITY OF MIAMI ("CITY") AND THE AGENCIES SPECIFIED IN THE ATTACHMENT "A", EXTENDING THE AGREEMENT END DATE FROM MARCH 31, 2015 TO SEPTEMBER 30, 2015, OF CDBG FUNDS FOR ECONOMIC DEVELOPMENT ACTIVITIES; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY FOR SAID PURPOSE(S). Background Information: See attachment 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: 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: Final Approvals (SIGN AND DATE) CIP Budget L • If using or receiving capital funds Grants Purchasing Chief Risk Management, Dept. Director Ci L`3 City Manage -- ��5 Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Pursuant to Resolution No. 14-0056 adopted February 27, 2014 and Resolution No. 14-0170 adopted in May 8, 2014 the Miami City Commission authorized the allocation of Program Year 2014- 2015 CDBG funds for economic development activities which included funding to the agencies specified in Attachment "A". Due to delays in commencing of the contract, an extension is needed to allow the agencies to complete their contracts. The City Administration requests extending the agreement end date from March 31, 2015 to September 30, 2015 to the agencies specified in Attachment "A"