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HomeMy WebLinkAboutAgenda Item Summary FormDate: 05/18/2017 AGENDA ITEM SUMMARY FORM File ID: #2307 Requesting Department: Department of Community and Economic Development Commission Meeting Date: 06/22/2017 District Impacted: All Type: Resolution Subject: Authorize CDBG Funding - Economic Development 2017 - 2018 Purpose of Item: AUTHORIZING THE ALLOCATION OF PROGRAM YEAR 2017-2018, COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE PROJECTED AMOUNT OF $2,663,045.70 IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE AGENCIES SPECIFIED IN ATTACHMENT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES IN THE PROGRAM YEAR 2017-2018; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, FOR SAID PURPOSE. Background of Item: The U.S. Department of Housing and Urban Development ("HUD") has yet to release the final Community Planning and Development Program Formula Allocations for Program Year 2017, as such, the amount of CDBG Economic Development funds being recommended is a projection. Pursuant to Resolution No. R- , adopted June 22, 2017, the Miami City Commission approved CDBG Program Year categories, allocating the projected amount of $2,663,045.70 for Economic Development. The funding allocation account may need to be adjusted proportionately once HUD confirms the final CDBG formula allocation for Program Year 2017-2018. The City Administration recommends the allocation of Program Year 2017-2018 CDBG funds, in the projected amount of $2,663,045.70 in the Economic Development category, to the agencies specified in Attachment "A," for economic development activities in the program year 2017-2018. Budget Impact Analysis Item is NOT Related to Revenue Item is NOT funded by Homeland Defense/Neighborhood Improvement Bonds Total Fiscal Impact: $2,663,045.70 Special Revenue Account No: TO BE DETERMINED Reviewed B Department of Community and Economic Development George Mensah Department Head Review Completed Office of Management and Budget Office of Management and Budget City Manager's Office City Manager's Office Legislative Division Office of the City Attorney Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk 05/22/2017 9:01 AM Luis Hernandez -Torres Christopher M Rose Alberto N. Parjus Daniel J. Alfonso Valentin J Alvarez Jihan Soliman Valentin J Alvarez Victoria Mendez Maricarmen Lopez Mayor's Office City Clerk's Office Budget Analyst Review Budget Review Assistant City Manager Review City Manager Review Legislative Division Review ACA Review Deputy City Attorney Review Approved Form and Correctness Meeting Signed by the Mayor Signed and Attested by the City Completed Completed Completed Completed Completed Completed Skipped Completed Completed Completed Clerk Completed 05/22/2017 9:49 AM 05/23/2017 3:31 AM 05/23/2017 8:37 AM 05/24/2017 10:36 AM 05/31/2017 1:38 PM 06/02/2017 7:20 PM 06/05/2017 9:34 AM 06/12/2017 8:08 AM 06/22/2017 9:00 AM 06/26/2017 4:44 PM 06/26/2017 5:20 PM City of Miami Legislation Resolution Enactment Number: R-17-0294 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 2307 Final Action Date:612212017 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF PROGRAM YEAR 2017-2018, COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE PROJECTED AMOUNT OF $2,663,045.70 IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE AGENCIES SPECIFIED IN ATTACHMENT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES IN THE PROGRAM YEAR 2017-2018; AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT THE ALLOCATIONS. WHEREAS, the United States Department of Housing and Urban Development ("HUD") has yet to release the final Community Planning and Development Program Formula Allocations for Program Year 2017-2018, as such, the amount of Community Development Block Grant ("CDBG") Economic Development funds being recommended is a projection; and WHEREAS, the funding allocation account may need to be adjusted proportionately once HUD confirms the final CDBG formula allocation for Program Year 2017-2018; and WHEREAS, the City of Miami ("City") Administration recommends the allocation of Program Year 2017-2018 CDBG funds in the projected amount of $2,663,045.70, in the Economic Development category, to the agencies specified in Attachment "A," attached and incorporated, for economic development activities, beginning October 1, 2017; and 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 Program Year 2017-2018 CDBG funds, in the projected amount of $2,663,045.70 in the Economic Development category, to the agencies specified in Attachment "A," attached and incorporated, for economic development activities, is approved. Section 3. These allocations will be adjusted in direct proportion to the actual allocation of CDBG funds provided by HUD for the 2017-2018 Program Year. Section 4. The City Manager is authorized' to execute any and all the necessary documents, to implement acceptance of said funds. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 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 City Code provisions. APPROVED AS TO FORM AND CORRECTNESS: 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.