Agenda Item Title:
Authorize Mayor and Finance Officer to sign Funding Approval/Agreement for FY2016 Community Development Block Grant Funding
Legal & Finance Committee
Origination Meeting Date:
City Council Hearing Date:
Agenda Item Summary:
The City is required to execute a Funding Approval/Agreement with HUD for the release of the FY2016 funding. Staff is seeking authorization for the Mayor and Finance Officer to sign three original copies of the CDBG Funding Approval/Agreement.
Funding Source & Fiscal Impact (if applicable):
|The FY 2016 Community Development Block Grant Funds in the amount of $433,518.00.|
Origination Recommendation Action:
Origination Recommendation Notes:
Council approval for Mayor and Finance Officer to sign the Funding Approval/Agreement with HUD for FY2016 funding.