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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #18896 Date: 02/05/2026 Commission Meeting Date: 03/12/2026 Type: Resolution Subject: Allocate - CDBG Program Income Purpose of Item: Requesting Department: Department of Housing and Community Development Sponsored By: District Impacted: All A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG') FUNDS GENERATED FROM OCTOBER 1, 2025 TO DECEMBER 31, 2025 IN THE AMOUNT OF $2,540.85 FOR ELIGIBLE ACTIVITIES, AS SPECIFIED IN EXHIBIT "A" ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT SAID ALLOCATION. Background of Item: The Department of Housing and Community Development ("Department") receives various types of repayments from loans provided to developers and homeowners ("Program Income") that are required to be used for eligible program activities. From October 1, 2025, to December 31, 2025, the Department collected an amount of $2,540.85 in Community Development Block Grant ("CDBG') Program Income. Pursuant to CDBG regulations 24 CFR Part 570.504, Program Income must be used for eligible CDBG activities. The Department recommends allocating the Program Income from October 1, 2025 to December 31, 2025 in the total amount of $2,540.85 to the activities, as specified in Exhibit "A" attached and incorporated, which are eligible CDBG activities. Budget Impact Analysis Total Fiscal Impact: Total Fiscal Impact: $2,540.85 Reviewed B Department of Housing and Community Development Review Completed 02/05/2026 8:02 AM Victor Turner Department Head Office of Management and Budget Office of Management and Budget 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 City Clerk Luis Hernandez -Torres Marie Gouin Erica T. Paschal Natasha Colebrook -Williams Valentin J Alvarez Raymond Pereira George K. Wysong III Maricarmen Lopez City Clerk's Office Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed Approved on behalf of the City Manager Legislative Division Review Completed ACA Review Completed Approved Form and Correctness Completed Meeting Completed Rendered Completed 02/05/2026 2:39 PM 02/05/2026 7:48 PM 02/06/2026 10:47 AM Completed 02/24/2026 4:47 PM 02/27/2026 2:51 PM 02/27/2026 3:29 PM 03/12/2026 9:00 AM 03/12/2026 3:09 PM City of Miami Legislation Resolution Enactment Number: R-26-0116 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 18896 Final Action Date:3/12/2026 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS GENERATED FROM OCTOBER 1, 2025, TO DECEMBER 31, 2025, IN THE AMOUNT OF TWO THOUSAND FIVE HUNDRED FORTY AND 85/100 DOLLARS ($2,540.85) FOR ELIGIBLE ACTIVITIES, AS SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. WHEREAS, the Department of Housing and Community Development ("Department") receives various types of repayments from loans provided to developers and homeowners ("Program Income") that are required to be used for eligible program activities; and WHEREAS, from October 1, 2025, to December 31, 2025, the Department collected an amount of Two Thousand Five Hundred Forty and 85/100 Dollars ($2,540.85) in Community Development Block Grant ("CDBG") 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 allocating the Program Income from October 1, 2025, to December 31, 2025, in the total amount of Two Thousand Five Hundred Forty and 85/100 Dollars ($2,540.85) to the activities, as specified in Exhibit "A," attached and incorporated, which are 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 the Program Income funds generated from October 1, 2025, to December 31, 2025, in the amount of Two Thousand Five Hundred Forty and 85/100 Dollars ($2,540.85) to the eligible activities specified in Exhibit "A," attached and incorporated, is authorized.' Section 3. The City Manager is authorized' to negotiate and execute any and all necessary documents, in a form acceptable to the City Attorney, for said purpose. 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable City Charter and City Code provisions. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: ge Wy ng III, C y ttor -y 2/27/2026