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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: Date: 04/18/2012 s soo,33Y Law Department Matter ID No. 12-879 Requesting Department: Community Development Commission Meeting Date: 05/10/2012 District Impacted: 5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS ("CDBG") TO RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORP. Purpose of Item: AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS TO RAFAEL HERNANDEZ HOUSING AND ECONOMIC DEVELOPMENT CORP. ("RHHED") IN THE AMOUNT OF $65,000, FROM THE DISTRICT 5 ECONOMIC DEVELOPMENT RESERVE ACCOUNT, FOR ECONOMIC DEVELOPMENT ACTIVITIES ASSOCIATED WITH COMMERCIAL FACADE AND CODE COMPLIANCE PROJECTS IN DISTRICT 5; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR SAID PURPOSE. Background Information: Please see attached Budget Impact Analysis NO Is this item related to revenue? p/NOfor Cf. Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP If using or receiving capital funds J l� Grants IV/ Final Approvals (SIGN AND DATE) Budget Risk Management Purchasing Dept. Director_ Chief /2 /I/L City Manager Page 1 of 1