Title
Subject: (Direct Referral) Development of 2009 CDBG program budget. (Res.08-1076)
Recommendation of the Community Development Committee on 10-16-08: That the recommended allocations of the 2009 Community Development Block Grant funds for public and non-public service activities be approved. If the funds received are in excess of those allocated, the funds be placed in the Local Option contigency fund, and if the funds received are less than those allocated, the Local Option contigency fund be reduced accordingly.
Further, 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 (HUD) to secure the City's 2009 Community Development Block Grant funds.
Further, that the appropriate City officials be authorized to execute third-party contracts with agencies approved for the use of the 2009 Community Development Block Grant funds.
Fiscal Note: The City anticipates receiving a grant of $1,975,000.