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Agenda Item # 12.b.
City Commission Meeting & Budget Hearing - 5:05 pm
Meeting Date:
09/06/2022
Re
Amended CDBG FY2020 Grant Funding Agreement Approval and Signature
Submitted For:
Brittany Marinello

SUBJECT:

Approve the CDBG FY2020 Grant Funding Agreement in the amount of $609,429.00.

SUMMARY:

HUD's Jacksonville Field Office has approved and electronically signed Transmittal Letter and FY2020 grant agreement(s). This transmittal letter is a binding agreement between HUD and the City of Fort Pierce. Signing this agreement will ensure a Line of Credit fo Fiscal Year 2020 which will be used in accordance with all program requirements. This is an amended agreement. The original agreement was executed in November 2021.

RECOMMENDATION:

Approval of agreement with HUD to ensure funding for FY2020.

ALTERNATIVES:

Staff shall proceed as directed by Commission.

RESPONSIBLE STAFF:

Brittany Marinello, Grants Division Manager

COORDINATED WITH:

Johnna Morris, Director of Finance

Fiscal Impact

Budgeted Y/N:
Yes
Fiscal Year:
2020
Account:
103900255483
Amount:
$603,429

OTHER INFORMATION:

N/A

Attachments

Form Review

Inbox Reviewed By Date
Finance Department bmarinello 08/24/2022 08:14 AM
Finance Department Johnna Morris 08/30/2022 04:21 PM
City Manager Nick Mimms 08/31/2022 09:40 AM
Form Started By:
bmarinello
Started On:
08/15/2022 11:26 AM
Final Approval Date:
08/31/2022