Agenda Item Title:
LF110222-02 – Authorize the Mayor and Interim Finance Director to sign the FY22 CommonBond’s Contracts and Indenture
Origination Group:
Legal & Finance Committee
Origination Meeting Date:
11/02/2022
City Council Hearing Date:
11/07/2022
Petitioner:
Community Enrichment Division (Formerly CDBG Program Division)
Staff Contact:
Michelle Schuelke, Community Enrichment Division Manager
Agenda Item Summary:
Staff is seeking City Council approval for the Mayor and Interim Finance Director to sign two copies of the FY22 Community Development Block Grant Subrecipient Contract and one copy of the Indenture of Restrictive Covenants for CommonBond Communities.
Funding Source & Fiscal Impact (if applicable):
Funding | Cost Center |
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Recommendations:
Origination Recommendation Action:
Approve