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HomeMy WebLinkAboutR-25-0335City of Miami Resolution R-25-0335 Legislation 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. City of Miami Page 1 of 2 File ID: 17949 (Revision:) Printed On: 10/24/2025 File ID: 17949 Enactment Number: R-25-0335 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: rge ng IIp, C y ttor -y 10/22/2025 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. City of Miami Page 2 of 2 File ID: 17949 (Revision:) Printed on: 10/24/2025