Agenda Item Title:
Authorize Mayor and Finance Officer to sign Funding Approval/Agreement for FY2016 Community Development Block Grant Funding
Origination Group:
Legal & Finance Committee
Origination Meeting Date:
08/10/2016
City Council Hearing Date:
08/15/2016
Staff Contact:
Barbara Garcia
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):
| Funding | Cost Center |
|---|---|
| The FY 2016 Community Development Block Grant Funds in the amount of $433,518.00. | |
Recommendations:
Origination Recommendation Action:
Approve
Origination Recommendation Notes:
Council approval for Mayor and Finance Officer to sign the Funding Approval/Agreement with HUD for FY2016 funding.