HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #1447
Date: 12/05/2016
Commission Meeting Date: 01/12/2017
Type: Resolution
Subject: Allocate - Prgm. Income
Purpose of Item:
Requesting Department: Department of
Community and Economic Development
Sponsored By:
District Impacted: All
AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, GENERATED FROM JULY
1ST,2016 TO NOVEMBER 30TH,2016 IN THE AMOUNT OF $510,618.55 AS SHOWN
IN ATTACHMENT "A", ATTACHED AN INCORPORATED; AUTHORIZING THE CITY
MANAGER TO EXECUTE ALLTHE NECESSARY DOCUMENT(S), IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE(S).
Background of Item:
The Department of Community and Economic Development receives various types of
repayments from loans provided to developers and homeowners in the past. Such
funds, referred to as program income, are required to be used for eligible program
activities.
Between July 1st, 2016 to November 30th, 2016 the Department of Community and
Economic Development has collected an amount of $510,618.55 in CDBG program
income.
Pursuant to CDBG regulations 24 CFR Part 570.504, program income must be used for
eligible CDBG activities.
The City Administration recommends the allocation of the total program income from
CDBG funds generated from July 1st, 2016 to November 30th, 2016 in the amount of
$510,618.55 to the activities specified in Attachment "A".
Budget Impact Analysis
Item is NOT Related to Revenue
Item is an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
$510,618.55
Special Revenue Account No: TO BE DETERMINED
Department of Community
Review Completed
Office of Management and
Office of Management and
City Manager's Office
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Reviewed B
and Economic Development
12/05/2016 1:01 PM
Budget Luis Hernandez -Torres
Budget Christopher M Rose
Alberto N. Parjus
Daniel J. Alfonso
Valentin J Alvarez
Barnaby L. Min
Victoria Mendez
Nicole Ewan
Mayor's Office
City Clerk's Office
George Mensah Department Head
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division 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
Completed
Completed
Completed
Clerk Completed
12/06/2016 3:10 PM
12/09/2016 2:37 PM
12/15/2016 3:07 PM
12/16/2016 5:51 AM
12/21/2016 11:31 AM
12/21/2016 12:17 PM
12/30/2016 10:40 AM
01/12/2017 9:00 AM
01/20/2017 4:43 PM
01/20/2017 5:08 PM
City of Miami
Legislation
Resolution
Enactment Number: R-17-0011
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 1447 Final Action Date:1/12/2017
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ALLOCATION OF PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") FUNDS GENERATED FROM JULY 1, 2016 TO NOVEMBER 30,
2016, IN THE AMOUNT OF $510,618.55, TO THE CATEGORIES SPECIFIED IN
ATTACHMENT "A", ATTACHED AND INCORPORATED; AUTHORIZING THE CITY
MANAGER TO EXECUTE ANY AND ALL NECESSARY DOCUMENTS TO
COMPLETE THE TRANSACTION FOR THE SPECIFIED AMOUNTS, IN A FORM
ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE(S).
WHEREAS, the Department of Community and Economic Development ("Department")
receives various types of repayments from loans provided to developers and homeowners,
referred to as program income that are required to be used for eligible program activities; and
WHEREAS, from July 1, 2016 to November 30, 2016, the Department collected
$510,618.55 in Community Development Block Grant ("CDBG") program income; and
WHEREAS, pursuant to CDBG regulations 24 CFR Part 570.504, program income must
be used for eligible CDBG activities; and
WHEREAS, the City Administration recommends the allocation of CDBG program
income generated from July 1, 2016 to November 30, 2016, in the total amount of $510,618.55,
to the activities specified in Attachment "A", attached and incorporated, which are eligible CDBG
activities;
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 from July 1, 2016 to November 30,
2016, in the amount of $510,618.55, to the categories specified in Attachment "A", attached and
incorporated, is authorized.'
Section 3. The City Manager is authorized to execute any and all documents to
complete the transaction for the specified amounts, in a form acceptable to the City Attorney.
Section 4. This Resolution shall become effective immediately upon its adoption and
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.
signature of the Mayor.2
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.