Posted: October 26, 2018
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF103118-03

Agenda Item Title:

Authorize Mayor and Finance Officer to Sign Funding Approval/Agreement for FY2018 Community Development Block Grant (CDBG) Funding

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
10/31/2018
City Council Hearing Date:
11/05/2018
Staff Contact:
Barbara Garcia
Agenda Item Summary:
The City is required to execute a Funding Approval/Agreement with HUD for the release of the FY2018 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 2018 Community Development Block Grant Funds in the amount of $491,989.00.

Recommendations:

Origination Recommendation Action:
Approve

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