HomeMy WebLinkAboutSummary FormDate: 10/25/2013
AGENDA ITEM SUMMARY FORM
FILE ID: 13 - 01 a.q 2.
Law Department
Matter ID No.
13-2523
Requesting Department: Community & Economic Development
Commission Meeting Date: 12/12/2013 District Impacted: 1,2,3,4,5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: CDBG Funding 2014-2015
Purpose of Item:
AUTHORIZING THE ALLOCATION OF PROGRAM YEAR 2014-2015, COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE PROJECTED AMOUNT OF
$4,310,994 TO THE ACTIVITIES SPECIFIED IN ATTACHMENT "A", ATTACHED AND
INCORPORATED, BEGINNING APRIL 1, 2014; AUTHORIZING THE CITY MANAGER TO
EXECUTE ALL DOCUMENTS FOR SAID PURPOSE(S).
Background Information:
The U. S. Department of Housing and Urban Development ("HUD") has yet to release the final
Community Planning and Development Program Formula Allocations for Program Year 2014, as
such, the amount of CDBG funds being recommended is a projection.
The Administration recommends allocating said funds to the various activities as specified in
Attachment "A" for Program Year 2014-2015 beginning April 1, 2014.
With the exception of the Code Enforcement allocations specified in Attachment "A", the funding
allocation to such activities specified in Attachment "A", may need to be adjusted once HUD confirms
the final CDBG formula allocation for Program Year 2014-2015.
Budget Impact Analysis
1/4ecs 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: TO BE DETERMINED
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact: $4,310,994
Final Approvals
ISIGN AND DATE
CIP Budge
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Director _Aar
io
Chief City Manager ___ARfinoN01.,_
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