HomeMy WebLinkAboutSummary FormDate: 01-07-2015
AGENDA ITEM SUM,I IARY FORM
FILE ID: 15-00076
Law Department
Matter ID No.
Requesting Department: Community & Economic Development
Commission Meeting Date: 02-26-2015 District Impacted: 1,2,3,4,5
Type: I Resolution
❑ Other
Subject: CDBG Fu din : Pro ram Cate o 2015�201.6
Pirpase of Item:
Ordinance ❑ Emergency Ordinance E Discussion Item
AUTHORIZING THE ALLOCATION OF PROGRAM YEAR 2015-2016, COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE PROJECTED AMOUNT OF
$4,734,641 FOR PROGRAM YEAR 2015-2016 ALLOCATION AND $75,000 IN PUBLIC SERVICE
FROM PRIOR YEAR PROGRAM INCOME FOR A TOTAL OF $ 4,809,641TO THE ACTIVITIES
SPECIFIED IN ATTACHMENT"A", ATTACHED AND INCORPORATED, BEGINNING APRIL 1,,
2015; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL DOCUMENTS FOR SAID
PURPOSE(S),
Background Information:
Please see attached
NO
YBS
Budget Inipact 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: TO BE DETERMINED
CIP-Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cot:
Maintenance Cost:
Total Fiscal Impact:
CIP
$4,809,641
Final Approvals
.(SIgN APIARI
If using or receiving capit:li fonds
Grants
Purchasing
Chief
I3udge'�' t ,
Risk Management
Dept. Director
141 ' '/ City Manager,.._
w..
AGENDA ITEM SUMMARY FORM CONTINUED
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 2015, 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 2015-2016 beginning April 1, 2015.
With the exception of Code Enforcement and Public Work these allocations specified in Attachment
"A", will be adjusted in direct proportion to the actual allocation of CDBG funds provided by HUD for
the 2015-2016 Program Year.