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HomeMy WebLinkAboutR-23-0018City of Miami Resolution R-23-0018 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12931 Final Action Date: 1/12/2023 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR 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 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. WHEREAS, on November 17, 2022, pursuant to Resolution No. R-22-0446, the City Commission approved the transfer of Community Development Block Grant ("CDGB") funds in the economic development category 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 years' CDBG economic development category that needs to be reallocated; and WHEREAS, there is a need to allocate these funds to Department of Real Estate and Asset Management ("DREAM") to be utilized for the acquisition of the real property located at 5 Southwest South River Drive and 27 Southwest South River Drive, Miami, Florida, as more particularly described in Exhibit "B", attached and incorporated (collectively, "Property"), for the purpose of developing public facilities and improvements; and WHEREAS, specifically, the Property will be utilized for the development of a new park to improve the quality of life of the low to moderate income residents in the community; and 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; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: City of Miami Page 1 of 2 File ID: 12931 (Revision: A) Printed On: 6/24/2025 File ID: 12931 Enactment Number: R-23-0018 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 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 DREAM for the acquisition of the Property for public facilities and improvements, is authorized.' Section 3. The City Manager is authorized' to negotiate and execute any and all necessary documents, including amendments and modifications, all in forms 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: ndez, City Attor ey 1/2572023 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. City of Miami Page 2 of 2 File ID: 12931 (Revision: A) Printed on: 6/24/2025