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HomeMy WebLinkAboutCRA-R-18-0038 Exhibit ABudget Reallocations and Deobligation of Funds ## Description Category Resolution No/Funds Assigned Award Amount Actual Remaining Balance 1 Grant to the City of Miami for the renovation of Gibson Park Parks and Open Spaces (Capital Projects) 09-0012 $1,000,000 $891,346 $108,654 2 Purchase of property and land located at 921 NW 2nd Court and 925 NW 2nd Court. Affordable Workforce Housing 12-0012 $235,000 $223,556 $11,444 3 Grant to Miami Dade College to underwrite costs associated with the continued operation of the Hospitality Institute Job Training and Job Placement Program. Job Creation / Economic Development (Programming) 13-0006 $300,000 $283,168 $16,832 4 Development Agreement with Overtown Gateway Partners, LLC for the development of Block 45. Public Parking Project 14-0005 $3,000,000 $0 $3,000,000 5 Budget Reserve for Settlement Agreement of Block 46. CRA's agreement to remit 50% of the tax increment revenues generated from the Project to the Developer. ($1,500,000 in the aggregate.) Workforce Housing (Capital Projects) 14-0007 $1,000,000 $0 $1,000,000 6 SEOPW CRA Police Unit Quality of Life 15-0011 $700,000 $559,867 $140,133 7 Grant for 2015 Summer Youth Training Institute (Urgent Inc.) Job Creation / Economic Development (Programming) 15-0015 $226,000 $209,428 $16,572 8 2015 Annual Revolt Film Festival Arts and Culture (Programming) 15-0040 $150,000 $142,053 $7,947 9 Grant for 2016 Summer Youth Training Institute (Urgent Inc.) Job Creation / Economic Development (Programming) 16-0024 $205,000 $180,912 $24,088 10 Professional services agreement with Circle of One Marketing, Inc for venue operations and management services at the "OPAC". Economic Development (Programming) 17-0010 $220,000 $125,652 $94,348 11 2017 Grant to Human Resource Staffing of Miami, Inc. (Blue Shirts), to manage and operate a job creation/training program. Job Creation / Training and Placement 17-0013 $320,000 $300,543 $19,457 12 Grant to Suited for Success, Inc. for Training and Professional Attire to Job Seekers. Job Creation / Training and Placement 17-0015 $112,000 $110,069 $1,931 13 2017 Overtown Music Festival Arts and Culture (Programming) 17-0016 $225,000 $223,667 $1,333 14 Grant for 2017 Summer Youth Training Institute (Urgent Inc.) Job Creation 17-0029 $220,000 $175,868 $44,132 15 2007 Global Agreement (2017 Estimated Clawback Payment) Global Agreement 2007 Global Agreement $6,100,000 $5,907,467 $192,533 16 2007 Global Agreement (2018 Estimated Clawback Payment) Global Agreement 2007 Global Agreement $5,200,000 $5,134,336 $65,664 17 Town Park North - Rehab Project Affordable Housing (Capital Projects) Funds Assigned $1,194,369 $0 $1,194,369 18 Land Acquisition Affordable Housing Funds Assigned $281,540 $0 $281,540 19 Contingency for Town Park South and Town Park Village - Rehabilitation Projects Affordable Housing (Capital Projects) Funds Assigned $280,765 $26,325 $254,441 20 Multifamily Housing Rehabilitation Fund Affordable Housing (Capital Projects) Funds Assigned $220,000 $0 $220,000 21 Business Improvement Fund (Jackie's House Restaurant located at 1495 NW 3rd Avenue) Job Creation / Economic Development (Capital Project) Funds Assigned $200,000 $0 $200,000 $6,895,418