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Resolution
File Number: 16-00591
Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE CITY OF MIAMI'S ("CITY") NEIGHBORHOOD STABILIZATION
PROGRAM 3 ("NSP3") SUBSTANTIAL AMENDMENT #2016.1, AS INDICATED IN
EXHIBIT "A", ATTACHED AND INCORPORATED, REFLECTING AN ALLOCATION
OF $1,987,894.00 IN PROGRAM INCOME TO THE PROGRAM AND THE
AMENDMENT OF THE AREAS OF GREATEST NEED, TO INCLUDE THE AREAS
OF THE CITY'S INFILL PROGRAM, AND TO REMOVE AREAS WHICH
CURRENTLY DO NOT QUALIFY; AUTHORIZING THE CITY MANAGER TO SUBMIT
THE CITY'S NSP3 SUBSTANTIAL AMENDMENT #2016.1 TO THE UNITED STATES
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR REVIEW AND
APPROVAL; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ANY
NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
FOR SAID PURPOSE.
WHEREAS, on July 21, 2010, the President of the United States signed the Dodd -Frank Wall
Street Reform and Consumer Protection Act of 2010, which included the City of Miami's ("City")
Neighborhood Stabilization Program 3 ("NSP3"), administered by the United States Department of
Housing and Urban Development ("HUD"); and
WHEREAS, the NSP3 provides funds to stabilize neighborhoods whose viability have been,
and continues to be, damaged by the economic effects of properties that have been foreclosed and
abandoned; and
WHEREAS, pursuant to Resolution No. 15-0404, adopted on September 24, 2015, the City
Commission approved the allocation of NSP3 program income in the amount of $2,208,771.00, which
included an amount of $1,987,894.00, for eligible housing activities; and
WHEREAS, to be able to spend the program income for eligible housing activities, there is the
need to amend the NSP3 areas of greatest need to include current NSP3 projects and to remove
areas that currently do not qualify for the program; and
WHEREAS, the City Administration recommends the approval of the City's NSP3 Substantial
Amendment #2016.1, as indicated in Exhibit "A", attached and incorporated, to reflect an allocation of
$1,987,894.00 in program income to the program and the amendment of the areas of greatest need,
to include the areas of the City's infill program, and to remove areas which currently do not qualify;
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 City's NSP3 Substantial Amendment #2016.1, as indicated in Exhibit "A",
City of Munni Page I of 2 File Id: 16-00591 (Version: 1) Printed 0t::5/2012016
File Number: 16-00591
attached and incorporated, reflecting an allocation of $1,987,894.00 in program income to the program
and the amendment of the areas of greatest need to include the areas of the City's infill program, and
to remove areas which currently do not qualify, is approved..
Section 3. The City Manager is authorized {1} to submit the City's NSP3 Substantial
Amendment #2016.1 to the HUD for review and approval.
Section 4. The City Manager is further authorized {1} to execute any necessary documents, in
a form acceptable to the City Attorney, for said purpose.
Section 5. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor. {2}.
ROVED AS TO FORM AND CORRECTNESS:
VICTORIA RENDEZ
CITY ATTORNEY
Footnotes:
{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 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: 16-00591 01'ersion: 1) Printed On: 5/20/2016