City of Racine - File #: Res.11-2623

• File #: Res.11-2623
• Version: A
• Name: Permission granted for the Assistant Director of City Development to receive an "advance" from the City's general funds in the amount of $750,000, which will be repaid once the federal grant funds become available, in order to sub allocate grant funds to
• Type: Resolution
• Status: Passed
• File created: 6/21/2011
• In control: City Attorney's Office
• Final action: 6/21/2011
• Title: Permission granted for the Assistant Director of City Development to receive an "advance" from the City's general funds in the amount of $750,000, which will be repaid once the federal grant funds become available, in order to sub allocate grant funds to nearly 30 City departments. Resolved, that permission be granted to approve an "advance" from the City's general funds in the amount of $750,000 in order to sub allocate grant funds to City HUD funded Programs. Fiscal Note: $750,000 which will be repaid once the federal grant funds become available.
• Sponsors: Q.A. Shakoor II
• Related files: 11-6561

Date	Ver.	Action By	Action	Result
6/21/2011	A	Common Council	Adopted

Sponsor

Alderman Shakoor

Title

Permission granted for the Assistant Director of City Development to receive an "advance" from the City's general funds in the amount of $750,000, which will be repaid once the federal grant funds become available, in order to sub allocate grant funds to nearly 30 City departments.

Resolved, that permission be granted to approve an "advance" from the City's general funds in the amount of $750,000 in order to sub allocate grant funds to City HUD funded Programs.

Fiscal Note:  $750,000 which will be repaid once the federal grant funds become available.