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HomeMy WebLinkAboutLegislationpp'�**• a City Hall City of � i M! 3500 Pan American 1� q�, ties Drive t M s ennteB Miami, FL 33133 Legislation www.mlamlgov.com s,us Resolution File Number: 15-01648 Final Action nate; A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ACCEPTANCE OF SECTION 8 HOUSING PROGRAM FUNDS FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT IN THE PROJECTED AMOUNT OF $4,663,200.00 FOR RENTAL ASSISTANCE PAYMENTS, AND IN THE PROJECTED AMOUNT OF $436,800.00 FOR PROGRAM ADMINISTRATION, FOR A TOTAL PROJECTED AMOUNT OF $5,100,000.00 FOR PROGRAM YEAR 20162017; AUTHORIZING THE ADJUSTMENT OF ALLOCATIONS IN DIRECT PROPORTION TO THE ACTUAL ALLOCATION OF SECTION 8 HOUSING PROGRAM FUNDS FOR PROGRAM YEAR 2016-2017; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITYATTORNEY, TO IMPLEMENT THE ALLOCATION OF SAID FUNDS. WHEREAS, the United States Department of Housing and Urban Development ("HUD") has yet to release the final allocations for Program Year 2016; as such, the amount of Section 8 Housing Program funds being recommended for allocation is a projection; and WHEREAS, the City of Miami (°City")_has four hundred sixteen (416) units in -the Section 8 Housing Program currently under contract; and WHEREAS, HUD has advised the City that the projected allocation for the Section 8 Housing Program for Program Year 2016-2017 is available in the projected amount of $4,663,200.00 for rental assistance payments, and a projected amount of $436,800.00 for program administration, for a total projected amount of $5,100,000.00; 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 acceptance of Section 8 Housing Program funds from HUD in the projected amount of $4,663,200.00 for rental assistance payments, and in the projected amount of $436,800.00 for program administration, for a total projected amount of $5,100,000.00 for Program Year 20162017, is authorized. Section 3. The adjustment of allocations in direct proportion to the actual allocation of Section 8 Housing Program funds provided by HUD for the 2016-2017 Program Year, is authorized. Section 4. The City Manager is authorized{1} to execute the necessary documents, in a form acceptable to the City Attorney, to implement the allocation of said funds. Section 5. This Resolution shall become effective immediately upon its adoption and signature of City of Maini .Page X of 2 File Id; 15-01648 Oersion 1) ,Printed On. 12/29/2015 rootnotes: {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. Chy of Miand Page 2 of 2 File Id: 15-01648 (Version: 1) Printed On. 1212912015