Loading...
HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-25-0066 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 17236 File Type: Resolution Status: ADOPTED Revision: Controlling Body: City Commission File Name: Flagler Villas 1 - De -Obligating MFB Funds - 5215 Introduced: 2/11/2025 W Flagler St Requesting Dept: Commissioners and Mayor Final Action Date: 2/27/2025 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE DE - OBLIGATION OF MIAMI FOREVER AFFORDABLE HOUSING LIMITED AD VALOREM BOND FUNDS ("MFB FUNDS") IN A TOTAL AMOUNT NOT TO EXCEED ONE MILLION, EIGHT HUNDRED THOUSAND AND 00/100 DOLLARS ($1,800,000.00) FROM THE FLAGLER VILLAS AFFORDABLE RENTAL HOUSING PROJECT FOR LOW-INCOME SENIORS LOCATED AT 5215 WEST FLAGLER STREET, MIAMI, FLORIDA ("PROJECT") AND THE RETURN OF THE DE -OBLIGATED MFB FUNDS TO THE DISTRICT 4 COMMISSIONER'S SHARE, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS AND THE RECEIPT OF ALL NECESSARY APPROVALS INCLUDING, BUT NOT LIMITED TO, THE CITY'S DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT ("HCD") AND THE CITY'S HOUSING AND COMMERCIAL LOAN COMMITTEE ("HCLC") APPROVALS; FINDING THAT THE USE, ALLOCATION, AND APPROPRIATION OF THE MFB FUNDS ARE SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS AND THE RECEIPT OF ALL NECESSARY APPROVALS, INCLUDING, BUT NOT LIMITED TO THE CITY ATTORNEY AND BOND COUNSEL APPROVAL; AUTHORIZING THE CITY MANAGER TO MAKE ANY CHANGES TO ADJUST, AMEND, AND APPROPRIATE THE CITY'S OPERATING BUDGET, FIVE-YEAR FINANCIAL PLAN, STRATEGIC PLAN, AND MULTI -YEAR CAPITAL PLAN, AS NECESSARY AND APPLICABLE, PURSUANT TO THE PROVISIONS OF THIS RESOLUTION; AUTHORIZING, RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY THE CITY MANAGER AND THE DESIGNATED CITY DEPARTMENTS TO UPDATE THE RELEVANT FINANCIAL CONTROLS, PROJECT CLOSE-OUTS, ACCOUNTING ENTRIES, AND COMPUTER SYSTEMS IN CONNECTION HEREWITH; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE, ANY AND ALL DOCUMENTS, INCLUDING, BUT NOT LIMITED TO, AGREEMENTS, AMENDMENTS, MODIFICATIONS, AND MEMORANDUM OF UNDERSTANDING, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, NECESSARY FOR THE PURPOSES STATED HEREIN. Sponsor(s): Commissioner Manolo Reyes Notes: The City Clerk signed and attested Mayor's signature on 03/07/2025. City Clerk signature was inadvertently not updated until 03/11/2025. Links: Attachments: History of Legislative File: City of Miami Page 1 of 2 Printed on: 8/14/2025 City of Miami Master Report Enactment Number: R-25-0066 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Revision: Acting Body: Date: Action: Result: Legislative Division 2/12/2025 Legislative Division Review Completed Donovan Dawson 2/13/2025 Budget Analyst Review Completed Marie Gouin 2/14/2025 Budget Review Completed Xavier Alban 2/14/2025 ACA Review Completed Larry M. Spring 2/18/2025 Assistant City Manager Review Completed George K. Wysong III 2/18/2025 Approved Form and Completed Correctness City Commission 2/27/2025 Meeting Completed City Commission 2/27/2025 ADOPTED Passed Mayor's Office 3/7/2025 Signed by the Mayor Completed City Clerk's Office 3/11/2025 Signed and Attested by the City Completed Clerk City Clerk's Office 3/11/2025 Rendered Completed City of Miami Page 2 of 2 Printed on: 8/14/2025