Loading...
HomeMy WebLinkAboutR-25-0168City of Miami Resolution R-25-0168 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 17437 Final Action Date: 5/8/2025 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING ADDITIONAL FUNDING IN THE AMOUNT OF $406,328.41 FROM THE HISTORIC PRESERVATION SCHEDULE OF FEES, FROM FISCAL YEAR 2023-2024 TO THE SENIOR RENTAL ASSISTANCE PROGRAM ("PROGRAM") BASED ON THE UPDATED ANTI -POVERTY INITIATIVE ("API") PERCENTAGES, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, AND ESTABLISHING THAT FUTURE ALLOCATIONS WILL FOLLOW THESE UPDATED API PERCENTAGES UNLESS OTHERWISE MODIFIED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATION, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE. WHEREAS, pursuant to Resolution No. R-19-0516, adopted on December 12, 2019, the City Commission approved the creation of the permanent Senior Rental Assistance Program ("Program"), funded annually through revenue from the Historic Preservation Schedule of Fees; and WHEREAS, the Program was established to alleviate the burden caused by dramatic rent increases for those senior residents who are living on a fixed income; and WHEREAS, pursuant to Resolution No. R-23-0459, adopted on October 12, 2023, the City Commission approved an amendment to the established Program, which authorized the allocation of ten percent (10%) of the program funds to be used for the administration of the Program; and WHEREAS, a total amount of $406,328.41 from Fiscal Year ("FY") 2023-2024 has been generated and budgeted into the Historic Preservation Schedule of Fees for the Program; and WHEREAS, the City's Administration recommends the allocation of additional funds in the amount of $406,328.41 from FY 2023-2024 to the Senior Rental Assistance Program, based on the updated Anti -Poverty Initiative ("API") percentages, as specified in Exhibit "A," attached and incorporated, and establishing that future allocations will use the updated API funding percentages unless modified; 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. City of Miami Page 1 of 2 File ID: 17437 (Revision:) Printed On: 8/22/2025 File ID: 17437 Enactment Number: R-25-0168 Section 2. The allocation of additional funds in the amount of $406,328.41 to the Senior Rental Assistance Program from FY 2023-2024, based on the updated API percentages, as specified in Exhibit "A" attached and incorporated, and establishing that future allocations will use the updated API funding percentages unless modified, is authorized' Section 3. The City Manager is authorized' to execute any and all necessary documents, in a form acceptable to the City Attorney, for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: ge Wy ng III, C y - tor -y 4/29/2025 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and City Code provisions. City of Miami Page 2 of 2 File ID: 17437 (Revision:) Printed on: 8/22/2025