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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #3777 Date: 03/09/2018 Commission Meeting Date: 04/12/2018 Requesting Department: Department of Community and Economic Development Sponsored By: District Impacted: District 3, District 4, District 5 Type: Resolution Subject: Authorize Allocation - CDBG Economic Development Funds for PY 2017-2018 Purpose of the Item: Authorizing the transfer of Community Development Block Grant ("CDBG') funds, in the amount of $968,204 from Department of Capital Improvement Program, allocating said funds to the agencies as specified in attachment "a" attached and incorporated, for economic development activities; authorizing the city manager to execute any and all the necessary documents, in a form acceptable to the City Attorney. Background Information: On February 22, pursuant to Resolution No. R-18-0068 City Commission approved an allocation of $2,119,782 in CDGB funds for economic development activities, which included an amount of $968,204 to Department of Capital Improvement Program for Street and Park improvements. The amount of $968,204 represents the economic development funds earmarked for Districts 3, 4 and 5 that is required to be allocated and spent, so the City can mets its CDBG timeliness test on August 1, 2018. The City Administration recommends the allocation of CDBG funds in the amount of $968,204 from Department of Capital Improvement Program to the agencies, as specified in Attachment "A", for economic development activities. Budget Impact Analysis Item has NOT an Expenditure Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: $968,204.00 Reviewed B Department of Community and Economic Development Review Completed 03/14/2018 11:19 AM George Mensah Department Head 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 Office of the City Clerk Luis Hernandez -Torres Christopher M Rose Fernando Casamayor Nzeribe Ihekwaba Valentin J Alvarez Richard Appleton Barnaby L. Min Victoria Mendez Maricarmen Lopez Mayor's Office City Clerk'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 Rendered Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed Clerk Completed Completed 03/14/2018 5:03 PM 03/15/2018 6:04 AM 03/19/2018 4:21 PM 03/20/2018 5:45 AM 03/20/2018 10:35 AM 03/20/2018 10:45 AM 03/20/2018 2:42 PM 03/20/2018 3:37 PM 04/12/2018 9:00 AM 04/19/2018 6:19 PM 04/19/2018 6:41 PM 04/19/2018 6:41 PM City of Miami Legislation Resolution Enactment Number: R-18-0138 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 3777 Final Action Date:4/12/2018 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS IN THE AMOUNT OF $968,204.00 FROM THE DEPARTMENT OF CAPITAL IMPROVEMENT PROGRAM TO THE AGENCIES AS SPECIFIED IN ATTACHMENT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES; AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, on February 22, 2018, pursuant to Resolution No. 18-0068, the City Commission approved an allocation of $2,119,782.00 in Community Development Block Grant ("CDBG") funds for economic development activities, which included an amount of $968,204.00 to the Department of Capital Improvement Program ("CIP") for Street and Park improvements; and WHEREAS, the amount of $968,204.00 represents the economic development funds earmarked for City Commission Districts 3, 4, and 5, which are required to be allocated and spent in order for the City to meet its CDBG timeliness requirements by August 1, 2018; and WHEREAS, the City Administration recommends the re -allocation of CDBG funds in the amount of $968,204.00 from CIP to the agencies as specified in Attachment "A," attached and incorporated, for economic development 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 transfer of CDBG funds in the amount of $968,204.00 from CIP to the agencies as specified in Attachment "A", attached and incorporated, for economic development activities is authorized. Section 3. The City Manager is authorized' to execute any and all agreement(s), 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 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. 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. APPROVED AS TO FORM AND CORRECTNESS: ndez, City Httor ey ) 3/20/2018