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Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-01087 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") PROGRAM INCOME FUNDS IN THE TOTAL AMOUNT OF
$1,058,875.00 FROM THE WAGNER SQUARE, LLC SETTLEMENT AGREEMENT;
ALLOCATING SAID FUNDS AS DESCRIBED IN ATTACHMENT "A", ATTACHED
AND INCORPORATED; 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. 12-0252, adopted July 12, 2012, the Miami City
Commission approved the Settlement Agreement between the City of Miami ("City") and Wagner
Square, LLC, which resulted in the City receiving $1,658,875.00; and
WHEREAS, after much discussion with United States Department of Housing and Urban
Development ("HUD"), it has been determined that the amount of $1,058,875.00 can be classified as
Community Development Block Grant ("CDBG") program income; and
WHEREAS, the City Administration recommends the allocation of CDBG program income funds in
the amount of $1,058,875.00 from the Wagner Square, LLC settlement agreement as described in
Attachment "A";
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 if fully set forth in this Section.
Section 2. The allocation of CDBG program income funds in the amount of $1,058,875.00 from the
Wagner Square, LLC settlement agreement, as described in Attachment "A", 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.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor {2}.
City of Miami Page 1 of 2 File Id: 15-01087 (Version: 1) Printed On: 8/28/2015
File Number: 15-01087
APPROVED AS TO FORM AND CORRECTNESS:
VICT�],' IA MEND Z
CIT ''TTORNEY
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: 15-01087 (Version: 1) Printed On: 8/28/2015