HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: C)7- 'MO
Date: 5/21/2007 Requesting Department: Community Development
Commission Meeting Date: 06/12/2007 District Impacted:
Type: ® Resolution [ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: TRANSFERRING FUNDS TO MARDESS BELL D/B/A DESTINE 2 TRAVEL
Purpose of Item:
AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, IN
THE AMOUNT NOT TO EXCEED $5,000, PREVIOUSLY ALLOCATED TO HENRY PRESCOTT
TAYLOR D/B/A PRESCO H & TAYLOR LAWN SERVICE; ALLOCATING SAID FUNDS, TO
MARDESS BELL D/BIA DESTINE 2 TRAVEL, TO PROVIDE ECONOMIC DEVELOPMENT
ACTIVITIES UNDER THE MICRO -ENTERPRISE PROGRAM; FURTHER AUTHORIZING THE CITY
MANAGER TO EXECUTE AN AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH
SAID AGENCY, FOR SAID PURPOSE.
Background Information:
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Pursuant to Resolution No. 06-0325, adopted May 25, 2006, the City Commission allocated a total
amount of $5,000, in Community Development Block Grant ("CDBG") funds to Henry Prescott Taylor
d/b/a Presco H & Taylor Lawn Service, to provide economic development activities under the Micro -
Enterprise Program.
Henry Prescott Taylor d/b/a Presco H & Taylor Lawn Service has decided not to participate in the
Micro -Enterprise Program.
The Administration recommends the transfer of CDBG funds, in an amount not to exceed $5,000,
previously allocated to Henry Prescott Taylor d/b/a Presco H & Taylor Lawn Service and the
allocation of said funds to Mardess Bell d/b/a Destine 2 Travel, to provide economic development
activities under the Micro -Enterprise Program.
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?
CIP
GrIf using or receiving capital funds
Purch
Chief
Final Approvals
(SIGN AND DATE)
Budget
Risk Manageme
Dept. Director
City Manager!
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