Sponsor
Alderman Spangenberg
Title
Allocation of 2008 Community Development Block Grant (CDBG) Funds
Resolved, that the allocation of Community Development Block Grant funds for public and non-public service activities be approved; if funds are received in excess of those allocated, those funds be placed in the Local Option/Contingency fund, and if the grant is less than estimated, the Local Option/Contingency fund be reduced accordingly.
Further resolved, 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 City's 2008 Community Development Block Grant funds.
Further resolved, that the appropriate City officials be authorized and directed to execute third-party contracts with agencies approved for use of the 2008 Community Development Block Grant funds.
Fiscal Note: The 2008 Community Development Block Grant is estimated to be $2,000,000.