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HomeMy WebLinkAboutSummary FormDate: 06/25/2013 AGENDA ITEM SUMMARY FORM FILE ID: (3 - 0 Ogoy Law Department Matter ID No. 13-1339 Requesting Department: Community & Economic Development Commission Meeting Date: 07/11/2013 District Impacted: 1,2,3,4,5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: CDBG Funding: Economic Development 2013-2014 Purpose of Item: AUTHORIZING THE ALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS FOR PROGRAM YEAR 2013-2014, IN THE AMOUNT OF $2,132,146 AND PRIOR YEAR PROGRAM INCOME IN THE AMOUNT OF $643,618, FOR A TOTAL AMOUNT OF $2,775,764, IN THE ECONOMIC DEVELOPMENT CATEGORY, TO THE AGENCIES SPECIFIED IN ATTACHMENT "A," ATTACHED AND INCORPORATED, FOR ECONOMIC DEVELOPMENT ACTIVITIES COMMENCING APRIL 1, 2013; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. • Background Information: Please see attached Budget Impact Analysis NO Is this item related to revenue? YES 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: $2,775,764 CIP Final Approvals (SIGN AND DATE) Budget Risk Management 1f using or receiving capital funds Grants , Pure Ch Dept. Director City Manager Page 1 of 1