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Subject: (Direct Referral) Review of the recommended 2012 Community Development Block Grant (CDBG) and Emergency Solutions Grant (ESG) allocation plans. (Grant Control Nos. 2012-002 & 2012-004) (Res. No. 12-3117)
Recommendation of the Community Development Committee on 4-19-12: That the recommended allocation of 2012 Community Development Block Grant (CDBG) and Emergency Solutions Grant (ESG) funds be approved.
Further recommends that CDBG funds received in excess of those allocated be placed in the Local Option Fund and that the Local Option Fund be reduced if CDBG funds received are less than those allocated.
Further recommends that the appropriate city officials be authorized and directed to execute and submit the appropriate documents on the city's behalf to the U.S. Department of Housing and Urban Development to secure the funding .
Further recommends that the appropriate city officials be authorized to execute third-party contracts with agencies approved for the use of the funds.
Fiscal Note: Approval will allocate $1,613,996 in CDBG funds and $154,664 in ESG funds.