Loading...
HomeMy WebLinkAboutLegislation SUB..TITLE THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS FOR FISCAL YEAR ("FY") 2022-2023, IN THE AMOUNT OF $616,268.00, AND THE AMOUNT OF $1,433,690.00 FROM PREVIOUS YEARS' ECONOMIC DEVELOPMENT CATEGORY FOR A TOTAL AMOUNT OF $2,049,958.00, AS DESCRIBED IN EXHIBIT "A, ATTACHED AND INCORPORATED, TO DEPARTMENT OF REAL ESTATE AND ASSET MANAGEMENT FOR THE ACQUISITION OF REAL PROPERTY LOCATED AT 5 SOUTHWEST SOUTH RIVER DRIVE AND 27 SOUTHWEST SOUTH RIVER DRIVE, MIAMI, FLORIDA, AS DESCRIBED IN EXHIBIT "B", ATTACHED AND INCORPORATED, FOR PUBLIC FACILITIES AND IMPROVEMENTS; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. ..BODY WHEREAS, on November 17, 2022, pursuant to Resolution No. R-22-0446 the City Commission approved the transfer of Community Development Block Grant ("CDGB") in the economic development category funds for Fiscal Year ("FY") 2022-2023 in the total amount of $454,107.00, which included an amount of $1,892,654.00 to the Department of Housing and Community Development to be allocated at a later date; and WHEREAS, there is an unexpended amount of $1,433,690.00 from previous year's CDBG economic development category that needs to be reallocated, and WHEREAS, there is a need to allocate these funds to Department of Teal Estate and Asset Management ("DREAM") to be utilized for the acquisition of real property located at 5 Southwest South River Drive and 27 SouthwestrSiouth River Drive, Miami, Florida, as more particularly described in Exhibit "B", al,tached' and incorporated (collectively, "Property"), for the purpose of developing public r sr , facilities and improvements; and WHEREAS, specifically, the Property will be utilized for the develo neni -- of a new park to improve the quality of life of the low to moderate income residents in the community; and k.-) WHEREAS, the City's Administration recommends the transfer of CDBG funds from FY 2022-2023, in the amount of $616,268.00, and the amount of $1,433,690.00 from previous years' economic development category for a total amount of $2,049,958.00 to DREAM for the acquisition of the Property for public facilities and improvements; ,0=a 12931 Legislation SUB THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. 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 economic development funds from Fiscal Year 2022-2023, in the amount of $616,268.00, and the amount of $1,433,690.00 from previous years' economic development category for a total amount of $2,049,958.00, as described in Exhibit "A", attached and incorporated to Department of Real Estate and Asset Management ("DREAM") for the acquisition of Property for public facilities and improvements, as described in Exhibit "B"; is authorized. Section 3. The City Manager is authorized' to negotiate and execute any and all documents, including amendment(s) and modification(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 APPROVED AS TO FORM AND CORRECTNESS: CCD r,{ C s VICTORIA MENDEZ CITY ATTORNEY ..Footnote 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. 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. SUBSTITUTED City of Miami Legislation Resolution City Hall 35D6 Pan American Drive Miami, FL 33133 www.miarnigov.com File Number: 12931 Final Action ►ate: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOC RANT FUNDS IN THE ECONOMIC DEVELOPMENT CATEGORY FROM FISCA EAR 2022-2023 IN THE AMOUNT OF Si.892,654.00 TO DEPARTMENT OF AL ESTATE AND ASSET MANAGEMENT FOR THE ACQUISITION OF REAL PRO"ERTY LOCATED AT 5 SOUTHWEST SOUTH RIVER DRIVE AND 27 SOU WEST SOUTH RIVER DRIVE, MIAMI, FLORIDA, AS DESCRIBED IN EXHIBIT 'A" ATTACHED AND INCORPORATED, FOR PUBLIC FACILITIES AND IMPROVEM '4TS, AS DESCRIBED IN EXHIBIT "B", ATTACHED AND INCORPORAT' D. FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND XECUTE ANY AND ALL NECESSARY DOCUMENTS. INCLUDING AMENDMENTS ND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORN FOR SAID PURPOSE. WHEREAS, on November 17, 2022, pursuant to Commission approved the transfer of Community Devel the economic development category for Fiscal Year 2 $454,107.00, with the amount of $1,892,654.00 to t Development to be allocated at a later date; and R- olution No. R-22-0446, the City ment Block Grant (" CDGB') funds in 2-2023 in the total amount of Department of Housing and Community WHEREAS, there is a need to allocate ese funds, in the amount of $1,892.654.00, to Department of Real Estate and Asset Mana-meat ("DREAM') to be utilized for the acquisition of the real property located at 5 Southwes outh River Drive and 27 Southwest South River Drive, Miami, Florida, as more particular described in Exhibit 'A", attached and incorporated (collectively, "Property'), for the purpo - of developing public facilities and improvements; and WHEREAS, specifically, tl Property will be utilized for the development of a new park to improve the quality of life of t - low to moderate income residents in the community; and WHEREAS, the City'. Administration recommends the transfer of CDBG economic development funds in the .mount of $1,892,654.00 to DREAM for acquisition of the Property for public facilities and improvements; NOW. THE FORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA' Sectio► 1. The recitals and findings contained in the Preamble to this Resolution are adopted by ference and incorporated as if fully set forth in this Section. ection 2. The transfer of CDBG economic development funds in the amount of $1,89 ,654.00 to DREAM for the acquisition of the Property for public facilities and imp +vements, as described in Exhibit "B", attached and incorporated, is authorized.` SUBSTITUTED Section 3. The City Manager is authorized' to negotiate and execute necessary documents, including amendments and modifications, all in forms City Attorney, for said purpose. Section 4. This Resolution shall become effective immediately upon signature of the Mayor z APPROVED AS TO FORM AND CORRECTNESS: dez, i y ttor' any and all acceptable to the its adoption and ' Th herein authorization is further subject to compliance with all legal requirements that may be im posed, including but not limited to, those prescribed by applicable City Charter and City Code ovisions. 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.