Agenda Item Title:
Approve Canyon Lake Senior Center's Request for Additional FY2016 Community Development BLock Grant (CDBG) Contingency Funds
Legal & Finance Committee
Origination Meeting Date:
City Council Hearing Date:
Agenda Item Summary:
Canyon Lake Senior Center is requesting $25,209.23 of the FY 2016 CDBG Contingency funds. Canyon Lake Senior Center has an urgent need for the replacement of insulation due to condensation build up causing mold and mildew to grow and insulation to get compacted. The Contingency funds current available balance is $174,313. The Investment Committee recommends funding the Canyon Lake Senior Center request.
Funding Source & Fiscal Impact (if applicable):
|Community Development Block Grant Contingency funds. $174,313 - $25,209.23 = $149,103.77 balance remaining.|
Origination Recommendation Action:
Origination Recommendation Notes:
Request Council Approval for Canyon Lake Senior Center to receive $25,209.23 of the FY 2016 CDBG Contingency funds.