Sponsor
Alderman Weidner
Title
Amend OIC of Racine County, Inc., 2005 Community Development Block Grant Agreement
Resolved, that the 2005 Community Development Block Grant funding of the Youthbuild project be reduced to $92,993.12 and return the balance to the Local Option Funds; to reserve $31,241.12 pending an agreement between OIC of Racine County and the City of Racine regarding the special assessments owed on 1146 South Memorial Drive; to allocate $1,752.00 for professional services; and to reserve $60,000.00 pending submission and approval of a 2006-2007 Youthbuild project plan including all funding sources and proposed uses of the funds.
Fiscal Note: Seventy-seven thousand six and 88/100 dollars ($77,006.88) will be returned to the Local Option Fund.