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2011-084-1477 - Funding the Greater Miami Gardens Chamber of Commerce City of Miami Gardens Agenda Cover Memo Council Meeting Date: May 11, 2011 Item Type: (Enter X in box) Resolution Ordinance Other X Fiscal Impact: (Enter X in box) Yes No Ordinance Reading: (Enter X in box) 1st Reading 2nd Reading X Public Hearing: (Enter X in box) Yes No Yes No X Funding Source: Community Development Block Grant Funds (CDBG) Advertising Requirement: (Enter X in box) Yes No X Contract/P.O. Required: (Enter X in box) Yes No RFP/RFQ/Bid #: YES X Strategic Plan Related (Enter X in box) Yes No Strategic Plan Priority Area: Enhance Organizational Bus. & Economic Dev Public Safety Quality of Education Qual. of Life & City Image Communication Strategic Plan Obj./Strategy: (list the specific objective/strategy this item will address) X Sponsor Name Danny Crew. City Manager Department: Community Development Short Title: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MIAMI GARDENS, FLORIDA AMENDING RESOLUTION 2011‐28‐1421 TO REVISE THE METHOD OF ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO THE GREATER MIAMI GARDENS CHAMBER OF COMMERCE; PROVIDING FOR THE ADOPTION OF REPRESENTATIONS; PROVIDING FOR AN EFFECTIVE DATE. Staff Summary: Background At the February 28, 2011 Meeting, City Council approved resolution number 2011‐28‐1421 which authorized the City Manager and City Attorney to take any and all steps necessary to create the Miami Gardens Chamber of Commerce. The resolution also approved funding in the amount of $120,000 from ITEM K-4) CONSENT AGENDA RESOLUTION Revise the method of CDBG funds to the Miami Gardens Chamber of Commerce 1515 NW 167 Street, Building 5 Suite 200 Miami Gardens, Florida 33169 the Community Development Block Grant Funds from fiscal year 2010‐11 to provide for operational financing for the soon to be created chamber organization. Current Situation The agenda memo that accompanied the above referenced resolution outlined the City’s proposed funding support for the chamber. It has become necessary, however, to clarify the use of the CDBG funding that will be allocated to the chamber. As a 501 ©(6) entity, the Greater Miami Gardens Chamber of Commerce will be eligible to enter into agreement with the City as a sub‐recipient of CDBG Funds. Moreover, it is the City’s intent to fund the chamber for the expressed purpose of carrying out activities eligible under CDBG regulations that will benefit low‐moderate income persons, or businesses located in qualified census tracts. It should be understood that no CDBG funding has yet been allocated, as the Greater Miami Gardens Chamber of Commerce has not yet become operational. Once this occurs, the City will require the Chamber to submit a proposal that will outline the specific activities that it will carry out, along with a budget for said activities. It is further understood that once this proposal and budget are approved, City Staff will bring an item back to Council requesting an allocation of CDBG funds. The anticipated allocation of funds will be governed by a sub‐recipient agreement which will also contain reporting requirements by the Chamber to ensure that the expenditure of CDBG Funds are in compliance with federal regulations. Based on this information, City Staff recommends that resolution 2011‐28‐1421 be amended to reflect the specific use of CDBG Funds as it relates to funding the Greater Miami Gardens Chamber of Commerce. Proposed Action: That City Council approve the amended resolution. Attachment: