HomeMy WebLinkAboutSummary FormDate: 03-17-2015
AGENDA ITEM SUMMARY FORM
FILE ID: 15-00386
Law Department
Matter ID No.
Requesting Department: Community & Economic Development
Commission Meeting Date: 04-23-2015 District Impacted: 1,2,3,4,5
Type: /1 Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: CDBG DE -OBLIGATION OF FUNDS 2014-2015
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$ 118,005.33 ALLOCATING
SAID FUNDS TO THE CITY OF MIAMI, DEPARTMENT OF COMMUNITY AND ECONOMIC
DEVELOPMENT, SINGLE FAMILY REHABILITATION PROGRAM; AUTHORIZING THE CITY
MANAGER TO EXECUTE THE NECESSARY DOCUMENT(S), FOR SAID PURPOSE(S).
Background Information:
Please see attached
NO
YES
NO
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: TO BE DETERMINED
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
118,005.33
Final Approvals
(SIGN AND DATE)
CIP Budget G e
If using at' receiving capital funds
Grants
Purchasing
Chief
Risk Management
Dept. Director
City Manage
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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 $ 118,005.33.
These agencies will no longer use the remaining balances or the activities are taking too long risking
de -obligation from HUD. Therefore, these balances need to be de -obligated and reallocated to be in
compliance with HUD regulations.
The Administration recommends the de -obligation of CDBG funds, in the total amount of
$118,005.33, 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, Single Family Rehabilitation Program.