HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #17949
Date: 08/05/2025
Commission Meeting Date: 09/11/2025
Type: Resolution
Subject: Allocate - CDBG Program Income
Purpose of Item:
Requesting Department: Department of
Housing and Community Development
Sponsored By:
District Impacted: All
RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FUNDS IN THE AMOUNT OF $528,041.01
GENERATED FROM INTEREST EARNED ON RECAPTURED COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG') FUNDS, FROM PROJECTS THAT
FAILED TO MEET PROGRAM REQUIREMENTS, TO BE ALLOCATED FOR ELIGIBLE
CDBG ACTIVITIES, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND
INCORPORATED; 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.19-0146 on April 11, 2019 the Commission approved the
allocation of CDBG funds in the amount of $1,105,000.00 to the Department of Real
Estate and Asset Management ("DREAM"), for the acquisition of the real properties
located at 2445 Southwest 5 Avenue and 471 Southwest 25 Road, Miami, Florida, to be
used as a public park.
On June 17, 2025, pursuant to Resolution No. 25-0192 the Miami City Commission
approved the acceptance of CDBG Recaptured Funds from projects that failed to meet
program requirements in the total amount of $1,545,846.00, which included and amount
of $1,105,000.00 from DREAM.
The CDBG recaptured funds in the amount of $1,105,000.00 generated interest earned
for a total amount of $528,041.00 as Program Income.
Pursuant to CDBG regulations 24 CFR Part 570.504, Program Income amount must be
used for eligible CDBG activities.
The Department recommends the allocation of Program Income funds in the amount of
$528,041.01 generated from interest earned on CDBG recaptured funds, as specified in
Exhibit "A" attached and incorporated, to support 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: $528,041.01
Reviewed B
Department of Housing and Community Development
Review Completed 08/05/2025 10:43 AM
Office of Management and Budget Luis Hernandez -Torres
Office of Management and Budget
City Manager's Office
City Manager's Office
City Manager's Office
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
Legislative Division
Office of the City Attorney
Office of the City Attorney
Office of the City Clerk
Marie Gouin
Mabel Betancourt
Erica T. Paschal
Natasha Colebrook -Williams
Arthur Noriega V
Valentin J Alvarez
Raymond Pereira
George K. Wysong III
Maricarmen Lopez
Mayor's Office
City Clerk's Office
Valentin J Alvarez
Raymond Pereira
George K. Wysong III
City Clerk's Office
Victor Turner
Budget Analyst Review
Budget Review
Assistant City Manager Review
ACM Review
Deputy City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Department Head
Completed
Completed
Skipped
Completed
Completed
Completed
Completed
Completed
Approved Form and Correctness Completed
Meeting Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Legislative Division Review Completed
ACA Review Completed
Approved Form and Correctness with Modification(s)
Rendered Completed
08/22/2025 1:37 PM
08/22/2025 4:58 PM
08/25/2025 11:21 AM
08/25/2025 12:59 PM
08/27/2025 6:45 AM
08/27/2025 7:02 AM
08/27/2025 3:58 PM
08/28/2025 12:05 PM
08/29/2025 1:41 PM
09/11/2025 9:00 AM
09/19/2025 2:26 PM
09/19/2025 2:32 PM
10/06/2025 1:01 PM
10/06/2025 1:33 PM
Completed
10/23/2025 4:04 PM
City of Miami
Legislation
Resolution
Enactment Number: R-25-0335
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17949 Final Action Date:9/11/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING PROGRAM INCOME FUNDS IN THE AMOUNT OF $528,041.01
GENERATED FROM SALES PROCEEDS ON COMMUNITY DEVELOPMENT BLOCK
GRANT ("CDBG") RECAPTURED FUNDS FROM A PROJECT THAT FAILED TO
MEET PROGRAM REQUIREMENTS, TO BE ALLOCATED FOR ELIGIBLE CDBG
ACTIVITIES, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED;
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, on April 11, 2019, pursuant to Resolution No. R-19-0146, the Miami
City Commission approved the allocation of Community Development Block Grant
("CDBG") funds in the amount of $1,105,000.00 to the Department of Real Estate and
Asset Management ("DREAM"), for the acquisition of the real properties located at 2445
Southwest 5 Avenue and 471 Southwest 25 Road, Miami, Florida, to be used as a public
park; and
WHEREAS, on June 17, 2025, pursuant to Resolution No. R-25-0192 the Miami City
Commission approved the acceptance of CDBG recaptured funds from projects that failed to
meet program requirements in the total amount of $1,545,846.00, which included an amount of
$1,105,000.00 from DREAM; and
WHEREAS, the CDBG recaptured funds in the amount of $1,105,000.00 generated from
sales proceeds for a total amount of $528,041.00 as program income; 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 the allocation of program income funds in the
amount of $528,041.01, generated from sales proceeds on CDBG recaptured funds, as
specified in Exhibit "A," attached and incorporated, to support 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 in the amount of $528,041.01
generated from sales proceeds on CBDG recaptured funds, as specified in Exhibit "A," attached
and incorporated, to support eligible CDBG activities, 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.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
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.
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.