Agenda Item # 11.k.
City Commission Regular Meeting - 6:00 pm
- Meeting Date:
- 11/02/2020
- Re
- Approval of CRF (Coronavirus Relief Funds) Interlocal Subrecipient Agreement with St. Lucie County BOCC in the amount of $178,000.
SUBJECT:
Approval of CRF (Coronavirus Relief Funds) Interlocal Subrecipient Agreement with St. Lucie County BOCC in the amount of $178,000
SUMMARY:
Upon entering into FHFC Contract on 9/8/2020 (Original City Commission approval date) and 10/5/2020 (Contract Amendment approval date), the City agreed to receive and spend a total of $283,318 on Coronavirus Relief efforts. After expenditures outlined in the Coronavirus Relief Grant Program, remaining funds in the amount of $178,000 that must be expended by December 31, 2020 as per the FHFC contractual guidelines.
Advisement from Florida Housing Finance Corporation encourages subrecipient/interlocal agreements with community partners in order to expedite funding and to reduce probability of Duplication of Efforts.
Advisement from Florida Housing Finance Corporation encourages subrecipient/interlocal agreements with community partners in order to expedite funding and to reduce probability of Duplication of Efforts.
RECOMMENDATION:
Enter into interlocal agreement in order to meet contractual guidelines.
ALTERNATIVES:
Do not enter into agreement and risk contract default; thereby having to return funds not used by December 31, 2020.
RESPONSIBLE STAFF:
Caleta Scott, Manager, Grants Administration Division
COORDINATED WITH:
Sheila Wise, Reporting and Grants Specialist, Grants Administration Division
Jennifer Hance, Housing Manager, St. Lucie County
Jennifer Hance, Housing Manager, St. Lucie County
Fiscal Impact
- Budgeted Y/N:
- Y
- Fiscal Year:
- 2021
- Account:
- 10595025548426
- Amount:
- 178000
OTHER INFORMATION:
This amount includes the allowable 10 percent adminstrative costs from grant funds.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Finance Department | Johnna Morris | 10/26/2020 10:13 AM |
| City Manager | Nick Mimms | 10/28/2020 05:23 PM |
| Finance Department | Jennifer Robinson | 10/28/2020 05:47 PM |
| City Manager | Nick Mimms | 10/28/2020 05:50 PM |
- Form Started By:
- cscott
- Started On:
- 10/21/2020 05:12 PM
- Final Approval Date:
- 10/28/2020