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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #7270 Date: 03/04/2020 Commission Meeting Date: 04/09/2020 Requesting Department: Department of Housing and Community Development Sponsored By: District Impacted: All Type: Resolution Subject: Allocate Funds - Community Development Block Grant Purpose of Item: AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS GENERATED FROM OCTOBER 1, 2019 TO JANUARY 31, 2020 IN THE AMOUNT OF $120,626.08 TO THE CATEGORIES SPECIFIED IN ATTACHMENT "A" ATTACHED AND INCORPORATED; FURTHER 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. Background of Item: The Department of Housing and Community 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. From October 1, 2019 to January 31, 2020, the Department collected $120,626.08 in Community Development Block Grant ("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 program income generated October 1, 2019 to January 31, 2020 in the total amount of $120,626.08 to the activities specified in Attachment "A" attached and incorporated, which are eligible CDBG activities. Budget Impact Analysis Item is NOT Related to Revenue Item is NOT funded by Bonds Item is an Expenditure Total Fiscal Impact: $120,626.08 Special Revenue Account No: 14001.910101.469000 Reviewedy George Mensah Department of Community and Economic Development Review Completed Office of Management and Budget 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 03/04/2020 2:42 PM Carolina Aguila Rene Lazaro Hernandez Christopher M Rose Sandra Bridgeman Arthur Noriega V Valentin J Alvarez Richard Appleton Barnaby L. Min Victoria Mendez Nicole Ewan Mayor's Office City Clerk's Office City Clerk's Office Department Head Budget Analyst Review Skipped Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed City Manager Review Completed Legislative Division Review Completed ACA Review Completed Deputy City Attorney Review Completed Approved Form and Correctness Completed Meeting Completed Unsigned by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 03/06/2020 10:03 AM 03/20/2020 1:24 PM 03/29/2020 3:35 PM 03/30/2020 11:49 AM 03/30/2020 12:29 PM 03/30/2020 1:09 PM 03/30/2020 4:28 PM 03/30/2020 4:32 PM 03/30/2020 5:58 PM 04/09/2020 9:00 AM 04/14/2020 11:11 AM 04/14/2020 11:34 AM 04/14/2020 11:42 AM City of Miami Legislation Resolution Enactment Number: R-20-0101 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 7270 Final Action Date:4/9/2020 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS GENERATED FROM OCTOBER 1, 2019 TO JANUARY 31, 2020 IN THE AMOUNT OF $120,626.08 TO THE CATEGORIES SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, the Department of Housing and Community 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 October 1, 2019 to January 31, 2020, the Department collected $120,626.08 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 Department recommends the allocation of the program income generated from October 1, 2019 to January 31, 2020 in the total amount of $120,626.08 to the activities specified in Exhibit "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 generated from October 1, 2019 to January 31, 2020 in the amount of $120,626.08 to the categories specified in Exhibit "A," attached and incorporated, is authorized.' Section 3. The City Manager is authorized' to negotiate and execute any and all necessary documents, all 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 legal requirements that may be imposed, 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 ) 3/30f2020