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HomeMy WebLinkAboutR-26-0116City of Miami Resolution R-26-0116 Legislation 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. City of Miami Page 1 of 2 File ID: 18896 (Revision:) Printed On: 3/30/2026 File ID: 18896 Enactment Number: R-26-0116 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 2/27/2026 City of Miami Page 2 of 2 File ID: 18896 (Revision:) Printed on: 3/30/2026