HomeMy WebLinkAboutR-20-0343City of Miami
Resolution R-20-0343
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 7856 Final Action Date: 10/22/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT
BLOCK GRANT FUNDS GENERATED FROM FEBRUARY 1, 2020 TO JULY
31, 2020 IN THE AMOUNT OF $83,376.86 FOR ELIGIBLE HOUSING AND
ECONOMIC DEVELOPMENT ACTIVITIES, AS MORE PARTICULARLY
SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED; FURTHER
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY
AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS,
EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE
CITY ATTORNEY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS
THAT REGULATE THE USE OF SUCH FUNDS, FOR SAID PURPOSE.
WHEREAS, the Department of Housing and Community Development ("Department")
receives various types of repayments from loans provided to developers and homeowners that
are required to be used for eligible program activities ("Program Income"); and
WHEREAS, from February 1, 2020 to July 31, 2020, the Department has collected an
amount of $83,376.86 in Community Development Block Grant ("CDBG") Program Income; and
WHEREAS, pursuant to CDBG regulation 24 CFR Part 570.504, Program Income must
be used for eligible CDBG activities; and
WHEREAS, the City's Administration recommends the allocation of the Program Income
from CDBG funds generated February 1, 2020 to July 31, 2020 in the amount of $83,376.86 for
eligible housing and economic development activities, as more particularly specified in Exhibit
"A," attached and incorporated;
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, 2020 to July 31, 2020 in the amount of $83,376.86 for eligible housing and
economic development activities as specified in Exhibit "A," attached and incorporated, is
authorized.'
Section 3. The City Manager is authorized' to negotiate and execute any and all
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 Code
provisions.
City of Miami Page 1 of 2 File ID: 7856 (Revision:) Printed On: 5/12/2025
File ID: 7856 Enactment Number: R-20-0343
necessary documents, including amendments, extensions, and modifications, all in forms
acceptable to the City Attorney, subject to all federal, state, and local laws that regulate the use
of such funds, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
"ndez, City tor
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.
City of Miami Page 2 of 2 File ID: 7856 (Revision:) Printed on: 5/12/2025