Posted: May 26, 2017
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF053117-12

Agenda Item Title:

Approve Final Community Development Block Grant (CDBG) FY2016 Reallocation of Contingency Funds and FY2017 Allocations

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
05/31/2017
City Council Hearing Date:
06/05/2017
Staff Contact:
Barbara Garcia
Agenda Item Summary:
Final Approval of the FY2016 Reallocation Contingency Funds and FY2017 Allocations. Recommendations from the Investment Committee were prelimiaryly approved with modifications by the Legal & Finance Committee on May 1st and continued until May 15th’s City Council meeting. Amount remained unchanged from the Legal & Finance Committee modifications. No public comments were received during the 30-day public comment period. All other allocations as previously approved.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

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