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KResolution: R-19-0138
File Number: 5559 Final Action Date: 4/11/2019
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM
COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS,
GENERATED FROM OCTOBER 1, 2018 TO JANUARY 30, 2019, IN THE
AMOUNT OF $820,018.52 TO THE CATEGORIES SPECIFIED IN
ATTACHMENT "A," ATTACHED AND INCORPORATED; AUTHORIZING THE
CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY
DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO
COMPLETE THE TRANSACTION FOR THE SPECIFIED AMOUNTS, FOR
SAID PURPOSE(S).
WHEREAS, the Department of Housing and Community Development ("Department")
receives various types of repayments from loans provided to developers and homeowners,
referred to as program income, that are required to be used for eligible program activities; and
WHEREAS, from October 1, 2018 to January 30, 2019, the Department collected
$820,018.52 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 the allocation of the program income
generated from October 1, 2018 to January 30, 2019, in the total amount of $820,018.52 to the
activities specified in Attachment "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 CDBG program income generated from October 1, 2018 to
January 30, 2019, in the amount of $820,018.52 to the categories specified in Attachment "A,"
attached and incorporated, is authorized.'
Section 3. The City Manager is authorized' to negotiate and execute any and all
necessary documents, all in a form acceptable to the City Attorney, to complete the transaction
for the specified amounts for said purpose(s).
' 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.
City of Miami Page 1 of 2 File ID: 5559 (Revision:) Printed On: 5/15/2019
File ID: 5559 Enactment Number: R-19-0138
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
ona endez, ity Attorne 3/25/2019
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: 5559 (Revision:) Printed on: 5115/2019
ATTACHMENT "A"
DEPARTMENT OF HOUSING AND COMMUNITY AND DEVELOPMENT
CDBG PROGRAM INCOME ALLOCATION
OCTOBER 1, 2018 TO JANUARY 30, 2019
Housing and Community Development
Program Administration FY: 2018-2019
$164,003.71
Public Services Activities
Public Services activities for FY: 2019-2020
$123,002.78
CDBG Eligible Activities
Housing and Community Development
$533,012.03
Total CDBG Program Income
$820,018.52