Posted: September 07, 2018
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF091218-05

Agenda Item Title:

Authorize Mayor and Finance Officer to Sign the FY2016 Community Development Block Grant (CDBG) Indenture of Restrictive Covenants for Lutheran Social Services – New Alternative Program

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
09/12/2018
City Council Hearing Date:
09/17/2018
Petitioner:
Lutheran Social Services - New Alternative Program
Staff Contact:
Barbara Garcia
Agenda Item Summary:
Staff is seeking City Council approval and authorization for the Mayor and Finance Officer to sign the FY2016 Community Development Block Grant (CDBG) Indenture of Restrictive Covenants for LSS – New Alternatives Program.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
Community Development Block Grant FY2016.

Recommendations:

Origination Recommendation Action:
Approve
City Council Recommendation Notes:
Approval for the Mayor and Finance Officer to sign the Indenture of Covenants in the amount of $8,000 for LSS – New Alternatives Program.

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