Title:
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Subject: (Direct Referral) Development of 2010 Community Development Block Grant (CDBG) Funding Allocation. (Res.10-1821)
Recommendation of the Community Development Committee on 1-07-2010: That the 2010 Community Development Block Grant (CDBG) funds be allocated as shown on the attachment; further recommends that any funds in excess of those allocated be placed in the Local Option Fund and that any funding shortfall be compensated from the Local Option Fund; further recommends that the appropriate city officials be directed and authorized to execute the appropriate documents to secure the grant funding; and further recommends that the appropriate city officials be authorized to execute third-party agreements with agencies and organizations approved for use of the funds.
Fiscal note: A grant award of $2,100,000 is expected.
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