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HomeMy WebLinkAboutSummary FormDate: 06/15/2012 AGENDA ITEM SUMMARY FORM FILE ID: ia- GO L Q Law Department Matter ID No. Requesting Department: Community Development Commission Meeting Date: 07/12/2012 District Impacted: _ Type: ® Resolution 0 Ordinance ❑ Emergency Ordinance 0 Discussion Item El Other Subject: ALLOCATION OF FUNDS FROM THE POVERTY INITIATIVES ACCOUNT Purpose of Item: AUTHORIZING THE ALLOCATION OF FUNDS, TOTALING $190,500, IN THE AMOUNTS AND TO THE AGENCIES AS SPECIFIED IN ATTACHMENT "A", ATTACHED AND INCORPORATED, FOR PUBLIC SERVICES ACTIVITIES; ALLOCATING SAID FUNDS FROM POVERTY INITIATIVES PROGRAM, ACCOUNT NO. 14010.910101.882000; AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH SAID AGENCIES, FOR SAID PURPOSE. Background Information: See attached Budget Impact Analysis YES Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: N/A Special Revenue Account No: 14010.910101.882000 CIP Project No: • N/A NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: N/A Maintenance Cost: N/A Total Fiscal Impact: $190,500 CEP Grants 0�`y'�R `'"n5 Risk Management Dept. Director ity Manager • Final Approvals r•:. (SIGN AND DATEI : Budge Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Due to the decrease of available Community Development Block Grant funds, all Public Service agencies' allocations have been reduced. Mayor Regalado wishes to allocate funding from the Poverty Initiatives, Account No. 14010.910101.882000 to help with the funding shortfall (these funds were transferred from the General Fund NDA Account No. 00001.980000.891000). Mayor Regalado recommends the allocation of funds from the Poverty Initiatives, totaling $190,500, in the amounts and to the agencies as specified in Attachment "A", attached and incorporated.