HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #16119
Date: 05/22/2024
Commission Meeting Date: 07/25/2024
Requesting Department: Department of
Housing and Community Development
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Allocate - CDBG Funds Jan -April 2024
Purpose of Item:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG') FUNDS GENERATED FROM JANUARY 31, 2024 TO APRIL 30,
2024, IN THE AMOUNT OF $228,387.80 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, SUBJECT TO ALL FEDERAL, STATE,
AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS FOR SAID
PURPOSE.
Background of Item:
The Department of Housing and Community Development ("Department") receives
diverse types of repayments from loans provided to developers and homeowners in the
past, such funds referred to as program income, are required to be used for eligible
program activities. From January 31, 2024, to April 30, 2024, the Department collected
an amount of $228,387.80 in Community Development Block Grant ("CDBG') funds.
Pursuant to CDBG regulations 24 CFR Part 570.504, program income amount must be
used for eligible CDBG activities. The Department recommends allocating the Funds to
the activities specified in Exhibit "A" attached and incorporated, which are eligible CDBG
activities.
Budget Impact Analysis
Item is NOT Related to Revenue
Item has NOT an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
Total Fiscal Impact: $228,387.80
Reviewed B
City Manager's Office Larry M. Spring Department Head Review Completed 05/29/2024 1:49 PM
Office of Management and Budget
Office of Management and Budget
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the City Clerk
Luis Hernandez -Torres
Marie Gouin
Arthur Noriega V
Valentin J Alvarez
Raymond Pereira
George K. Wysong III
Maricarmen Lopez
City Clerk's Office
Budget Analyst Review
Budget Review
City Manager Review
Legislative Division Review
ACA Review
Approved Form and Correctness
Meeting
Rendered
Completed 05/29/2024 4:54 PM
Completed 05/29/2024 4:55 PM
Completed 05/29/2024 5:39 PM
Completed 06/27/2024 5:47 PM
Completed 07/15/2024 6:46 PM
Completed 07/16/2024 6:25 PM
Completed 07/25/2024 9:00 AM
Completed 07/30/2024 3:07 PM
City of Miami
Legislation
Resolution
Enactment Number: R-24-0294
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16119 Final Action Date:7/25/2024
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") FUNDS GENERATED FROM JANUARY 31, 2024, TO APRIL 30,
2024, IN THE AMOUNT OF $228,387.80 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, 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 diverse 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 January 31, 2024, to April 30, 2024, the Department collected
$228,387.80 in Community Development Block Grant ("CDBG") Program Income funds; 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 allocating the Program Income funds
generated from January 31, 2024, to April 30, 2024, 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 Program Income funds generated from January 31, 2024, to
April 30, 2024, in the total amount of $228,387.80 to the eligible activities 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, 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.
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.
APPROVED AS TO FORM AND CORRECTNESS: