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HomeMy WebLinkAboutSummary Form2006 SEP 28 PM 3 00 Date: 9/272006 AGENDA ITEM SUMMARY FORM FILE ID: 0 r " � t 19 Requesting Department: Community Development Commission Meeting Date: 10/26/2006 District Impacted: Type: ® Resolution ❑ Ordinance D Emergency Ordinance E Discussion Item ❑ Other Subject: DISTRICT TWO- ECONOMIC DEVELOPMENT Purpose of Item: AUTHORIZING THE TRANSFER OF 32ND PROGRAM YEAR COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE AMOUNT OF $360,000, FROM THE DEPARTMENT OF COMMUNITY DEVELOPMENT- UNALLOCATED ACCOUNT; ALLOCATING SAID FUNDS TO THE AGENCIES SPECIFIED IN "ATTACHMENT A," ATTACHED AND INCORPORATED, TO PROVIDE ECONOMIC DEVELOPMENT ACTIVITIES, BEGINNING OCTOBER 1, 2006, FOR DISTRICT TWO Background Information: Pursuant to Resolution Number 06-0371, adopted June 8, 2006, the City Commission approved the allocation, in the amount of $624,000, to the Department of Community Development- Unallocated account for District two The Administration is recommending allocating the amount of $360,000 to the agencies listed in Attachment "A", attached and incorporated, to provide economic development activities beginning October 1, 2006 for District two 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: r1 Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?R) Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE) �.a CIP Budge . Y ► u.Caw► 6.—k. 4I28(0( If using or receiving capital funds COY Risk Managemen`_ De t Director Purchasing P Chief City Manage Grants Page 1 of 1