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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #16523 Date: 08/14/2024 Commission Meeting Date: 11/21/2024 Requesting Department: Department of Housing and Community Development Sponsored By: City Commission District Impacted: All Type: Resolution Subject: Allocate Funds-CDBG-ED FY2024-2025 Purpose of Item: AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, FOR FISCAL YEAR ("FY") 2024-2025 IN THE AMOUNT OF $2,708,809.00 IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE AGENCIES AND/OR DEPARTMENTS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES BEGINNING OCTOBER 1, 2024; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS, FOR SAID PURPOSE. Background of Item: Pursuant to Resolution No.24-0254, adopted July 11, 2024, the Miami City Commission approved the allocation of Community Development Block Grant ("CDBG") funds for Fiscal Year ("FY") 2024-2025 in the total amount of $5,090,474.00, which included an amount of $2,708,809.00 in the economic development category. These funds need to be reallocated to the agencies and/or departments specified in Exhibit "A," attached and incorporated, for economic development activities. The City Administration recommends the allocation of CDBG funds in the Economic Development category, in the amount of $2,708,809.00 to the agencies and/or departments specified in Exhibit "A", attached and incorporated, for economic development activities. Budget Impact Analysis Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: Total Fiscal Impact: $2,708,809.00 City Manager's Office 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 Mayor Office of the City Clerk Office of the City Clerk Reviewed B Larry M. Spring Luis Hernandez -Torres Marie Gouin Arthur Noriega V Valentin J Alvarez Raymond Pereira George K. Wysong III Maricarmen Lopez Mayor's Office City Clerk's Office City Clerk's Office Department Head Review Budget Analyst Review Budget Review City Manager Review Legislative Division Review ACA Review Approved Form and Correctness Meeting Completed Completed Completed Completed Completed Completed Completed Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 08/21/2024 10:19 AM 08/21/2024 11:35 AM 08/21/2024 11:39 AM 08/21/2024 3:58 PM 10/18/2024 2:14 PM 11/05/2024 2:15 PM 11/12/2024 5:04 PM 11/21/2024 9:00 AM 11/27/2024 1:52 PM 11/27/2024 2:19 PM 11/27/2024 2:19 PM City of Miami Legislation Resolution Enactment Number: R-24-0451 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16523 Final Action Date:11/21/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, FOR FISCAL YEAR ("FY") 2024-2025 IN THE AMOUNT OF $2,708,809.00 IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE AGENCIES AND/OR DEPARTMENTS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES IN THE FISCAL YEAR 2024-2025; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS, FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. R-24-0254, adopted July 11, 2024, the Miami City Commission approved the allocation of Community Development Block Grant ("CDBG") funds in the total amount of $5,090,474.00 for Fiscal Year ("FY") 2024-2025, which included an amount of $2,708,809.00 for economic development activities; and WHEREAS there is a need for these funds to be reallocated to the agencies and/or departments specified in Exhibit "A," attached and incorporated, for economic development activities; and WHEREAS the City's Administration recommends the allocation of CDBG funds for FY 2024-25 in the amount of $2,708,809.00 in the economic development category, to the agencies and/or departments specified in Exhibit "A," attached and incorporated, for economic development activities beginning October 1, 2024; 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 economic development funds for FY 2024-2025 in the amount of $2,708,809.00 to the agencies and/or departments specified in Exhibit "A," attached and incorporated, for economic development activities, is approved. Section 3. The City Manager is authorized to negotiate and execute any and all necessary documents, including amendments, extensions, and modifications, all in a form 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. 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 by the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: 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.