AI- 49246
Urban County 16.I.
CC - REGULAR
- Meeting Date:
- 04/14/2015
- Submitted For:
- Diana Serna
- Submitted By:
- Sandra Regalado, URBAN COUNTY
- Department:
- URBAN COUNTY
Information
CAPTION
The Urban County Program is requesting approval of a budget and program amendment for the City of Granjeno to Fiscal years 25 & 26 (2012 & 2013). The amendment will delete Rehab: Single Unit Activity from YR 25 and the Parks, Recreational Facility Improvements from YR 25 to loan the funds to Hidalgo County Precinct No. 1 for Street Improvement projects already environmentally cleared.
BACKGROUND
A Public Hearing was held on March 26, 2015 at 6:00 P.M. at the Granjeno City Hall and citizen participation requirements have been met. The amendment will loan a total of $500,000.00 from City of Granjeno to Precinct No. 1. Hidalgo County Precinct No 1 agrees to pay back the loan from its Hidalgo County Urban County Program funds from Fiscal Years 29 & 30 (2016 & 2017) in two installments of $250,000.00 from each year. An Interlocal Agreement between Hidalgo County Precinct No. 1 and the City of Granjeno was approved on February 17, 2015. (See attached copy of Public Hearing Notice, city excerpt of minutes, and copy of Interlocal Agreement approved agenda.).
Fiscal Impact
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Veronica Ortiz | 04/09/2015 08:52 AM |
| Purchasing / Internal | Monica Salinas | 04/10/2015 06:10 PM |
- Form Started By:
- sregalado
- Started On:
- 04/08/2015 03:10 PM
- Final Approval Date:
- 04/10/2015