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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 0 6' 0 0 1 Lis PH.9 Date: 1/23/2005 Requesting Department: Community Development Commission Meeting Date: 2/9/2006 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Transferring funds to The Carrie P. Meek Foundation, Inc. Purpose of Item: AUTHORIZING THE TRANSFER OF HOME INVESTMENT PARTNERSHIPS ("HOME") FUNDS, AS SPECIFIED IN ATTACHMENT "A", ATTACHED AND INCORPORATED, IN THE TOTAL AMOUNT OF $100,000; ALLOCATING SAID FUNDS TO THE CARRIE P. MEEK FOUNDATION, INC. TO PROVIDE HOMEBUYER COUNSELING FOR DISTRICT FIVE; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS FOR SAID PURPOSE. Background Information: • The Administration is requesting the transfer of HOME funds, in the amount of $100,000, to The Carrie P. Meek Foundation, Inc. to provide homebuyer counseling for District 5 • Said agency has extensive experience working with stakeholders within District 5 and are better suited to provide Homebuyer counseling within the area Budget Impact Analysis Is this item related to revenue? Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE) City Manager, a4)