HomeMy WebLinkAboutSummary FormDate: 12-07-2015
AGENDA ITEM SUMMARY FORM
FILE Ill: 15-0164' 4
Law Department
Matter Ill No.
Requesting Department: Community & Economic Development
Commission Meeting Date: 01-28-2016 District Impacted: 1,2,3,4,5
Type: X Resolution 17 Ordinance Emergency Ordinance fl Discussion Item
(l Other
Subject: CDBG Funding: Program Category 2016-2017
Purpose of Item:
AUTHORIZING THE ALLOCATION OF PROGRAM YEAR 2016-2017, COMMUNITY
DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, IN THE PROJECTED AMOUNT OF
$4,768,648 FOR PROGRAM YEAR 2016-2017 ALLOCATION AND $120,000 IN PUBLIC SERVICE
FROM PRIOR YEAR PROGRAM INCOME FOR A TOTAL OF $ 4,888,648 TO THE ACTIVITIES
SPECIFIED IN ATTACHMENT"A", ATTACHED AND INCORPORATED, BEGINNING APRIL 1,
2016; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL DOCUMENTS FOR SAID
PURPOSE(S).
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: 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: $4,888,648
Final Approvals
(SIGN AND DATE),
CIP Budget
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Director
Chief City Manager
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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 FormulaAllocations for Program Year 2016, 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 2016-2017 beginning April 1, 2016.