City of Racine - File #: Res.13-0208

• File #: Res.13-0208
• Version: A
• Name: City advance funds in anticipation of CDBG Home, and ESG grants from the U.S. Department of Housing and Urban Development.
• Type: Resolution
• Status: Passed
• File created: 5/21/2013
• In control: City Attorney's Office
• Final action: 5/21/2013
• Title: City advance funds in anticipation of CDBG Home, and ESG grants from the U.S. Department of Housing and Urban Development. Resolved, that the City advance funds so that the subgrantees can be reimbursed. The City will be made whole when the HUD funds are received. Fiscal Note: The City has regularly advanced funds for this purpose in prior years. There are sufficient funds available.
• Sponsors: Q.A. Shakoor II
• Related files: 13-8913

Date	Ver.	Action By	Action	Result
5/21/2013	A	Common Council	Adopted	Pass

Sponsor

Alderman Shakoor

Title

City advance funds in anticipation of CDBG Home, and ESG grants from the U.S. Department of Housing and Urban Development.

Resolved, that the City advance funds so that the subgrantees can be reimbursed. The City will be made whole when the HUD funds are received.

Fiscal Note: The City has regularly advanced funds for this purpose in prior years. There are sufficient funds available.