HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #4917
Date: 10/10/2018
Commission Meeting Date: 11/15/2018
Requesting Department: Department of
Housing and Community Development
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Allocate Funds - CDBG Program Income
Purpose of Item:
AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG') FUNDS GENERATED FROM FEBRUARY
1, 2018 TO SEPTEMBER 30, 2018, IN THE AMOUNT OF $484,492.21 FOR ELIGIBLE
HOUSING AND ECONOMIC DEVELOPMENT ACTIVITIES; FURTHER AUTHORIZING
THE CITY MANAGER TO NEGOTIATE AND EXECUTE, IN A FORM ACCEPTABLE
TO THE CITY ATTORNEY, ANY AND ALL DOCUMENTS, INCLUDING
AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE
NECESSARY FOR THE COMPLETION OF SAID ACTIVITIES, SUBJECT TO ALL
FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH
FUNDS.
Background of Item:
The Department of Housing and Community 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 February 1, 2018 to September 30, 2018 the Department of Housing and
Community Development has collected an amount of $484,492.21 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 program income from CDBG
funds generated from February 1, 2018 to September 30, 2018 in the amount of
$484,492.21 for elegible housing and 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:
$484,492.21
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
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Office of the City Clerk
Reviewed B
and Economic Development
10/20/2018 11:17 AM
Budget Luis Hernandez -Torres
Budget Christopher M Rose
Sandra Bridgeman
Nikolas Pascual
Valentin J Alvarez
Richard Appleton
Barnaby L. Min
Victoria Mendez
Maricarmen Lopez
Mayor's Office
City Clerk's Office
City Clerk's Office
George Mensah
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 Clerk
Rendered
Department Head
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
10/22/2018 9:40 AM
10/24/2018 6:12 PM
10/25/2018 6:31 PM
10/26/2018 9:59 AM
10/26/2018 10:12 AM
10/29/2018 2:41 PM
10/29/2018 2:45 PM
11/05/2018 12:15 PM
11/15/2018 9:00 AM
11/26/2018 3:25 PM
11/26/2018 3:57 PM
11/26/2018 3:57 PM
City of Miami
Legislation
Resolution
Enactment Number: R-18-0504
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 4917 Final Action Date:11/15/2018
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ALLOCATION OF PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") FUNDS GENERATED FROM FEBRUARY 1, 2018 TO SEPTEMBER
30, 2018 IN THE AMOUNT OF $484,492.21 FOR ELIGIBLE HOUSING AND
ECONOMIC DEVELOPMENT ACTIVITIES; FURTHER AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY
DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO
IMPLEMENT SAID ALLOCATION.
WHEREAS, from February 1, 2018 to September 30, 2018, the Department of Housing
and Community Development has collected an amount of $484,492.21 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 the program income
from CDBG funds generated from February 1, 2018 to September 30, 2018 in the amount of
$484,492.21 for eligible housing and 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 allocation of program income from CDBG funds generated from
February 1, 2018 to September 30, 2018 in the amount of $484,492.21 for eligible housing and
economic development activities is authorized.'
Section 3. The City Manager is authorized' to negotiate and execute any and all
necessary documents, in a form acceptable to the City Attorney, to implement said allocation.
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: