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HomeMy WebLinkAboutR-17-0294opCity of Miami 1 i.RR cl Legislation alldl 1 l + Resolution R-17-0294 File Number: 2307 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 6/22/2017 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF PROGRAM YEAR 2017-2018, COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE PROJECTED AMOUNT OF $2,663,045.70 IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE AGENCIES SPECIFIED IN ATTACHMENT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES IN THE PROGRAM YEAR 2017-2018; AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT THE ALLOCATIONS. WHEREAS, the United States Department of Housing and Urban Development ("HUD") has yet to release the final Community Planning and Development Program Formula Allocations for Program Year 2017-2018, as such, the amount of Community Development Block Grant ("CDBG") Economic Development funds being recommended is a projection; and WHEREAS, the funding allocation account may need to be adjusted proportionately once HUD confirms the final CDBG formula allocation for Program Year 2017-2018; and WHEREAS, the City of Miami ("City") Administration recommends the allocation of Program Year 2017-2018 CDBG funds in the projected amount of $2,663,045.70, in the Economic Development category, to the agencies specified in Attachment "A," attached and incorporated, for economic development activities, beginning October 1, 2017; and 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 Program Year 2017-2018 CDBG funds, in the projected amount of $2,663,045.70 in the Economic Development category, to the agencies specified in Attachment "A," attached and incorporated, for economic development activities, is approved. Section 3. These allocations will be adjusted in direct proportion to the actual allocation of CDBG funds provided by HUD for the 2017-2018 Program Year. Section 4. The City Manager is authorized' to execute any and all the necessary documents, to implement acceptance of said funds. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.z 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 City Code provisions. City of Miami Page 1 of 2 File ID: 2307 (Revision:) Printed On: 10/18/2017 File ID: 2307 APPROVED AS TO FORM AND CORRECTNESS: 1 ria ndez, ity ttor ey 6/12/2017 Enactment Number: R-17-0294 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: 2307 (Revision:) Printed on: 10/18/2017