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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 01- o4 (0(1-1 Date: 5/3/2007 Requesting Department: Community Development Commission Meeting. Date: 06/12/2007 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance D Discussion Item ❑ Other Subject: CORRECTING RESO. NO. 07-07170 Purpose of Item: CLARIFYING RESOLUTION NO. 07-0170, ADOPTED MARCH 22, 2007, RELATED TO THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS IN THE AMOUNT OF $58,738.57 FROM BLACK ECONOMIC DEVELOPMENT COALITION, INC. TO NEIGHBORS FOR NEIGHBORS ASSOCIATION, INC. ("NANA"); MAKING THE FOLLOWING CORRECTION: (1) CORRECTING THE ALLOCATED AMOUNT FROM $58,738.57 TO THE CORRECT AMOUNT OF $52,250.61. Background Information: Pursuant to Resolution No. 07-0170, adopted March 22, 2007, the City Commission approved allocating the amount of $58,738.57 in CDBG funds from Black Economic Development Coalition, Inc., and allocating said funds to NANA, to provide technical assistance to businesses located in District 5. The Administration is correcting Resolution NO. 07-0170;correcting the allocated amount from $58,738.57 to the correct amount of $52,250.61. CIP 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? Final Approvals (SIGN AND DATE) Budget Grl .u4;ng or receiving capital funds Risk Manageme>Qt Purchasi 'g Dept. Directo Chief City Manage • Page 1 of 1