HomeMy WebLinkAboutR-23-0425City of Miami
Resolution R-23-0425
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14490 Final Action Date: 9/28/2023
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT
BLOCK GRANT ("CDBG") FUNDS GENERATED FROM MAY 1, 2023 TO JULY
31, 2023, IN THE AMOUNT OF $138,720.89 FOR ELIGIBLE HOUSING AND
ECONOMIC DEVELOPMENT ACTIVITIES, AS SPECIFIED IN EXHIBIT "A,"
ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY
DOCUMENTS, 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
("Program Income") that are required to be used for eligible program activities; and
WHEREAS, from May 1, 2023, to July 31, 2023, the Department collected an amount of
$138,720.89 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 May 1, 2023, to July 31, 2023, in the total amount of $138,720.89, 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 May 1, 2023, to
July 31, 2023, in the amount of $138,720.89, 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.
Section 4. This Resolution shall become effective immediately upon its adoption.
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.
City of Miami Page 1 of 2 File ID: 14490 (Revision:) Printed On: 7/14/2025
File ID: 14490 Enactment Number: R-23-0425
APPROVED AS TO FORM AND CORRECTNESS:
City of Miami Page 2 of 2 File ID: 14490 (Revision:) Printed on: 7/14/2025